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Thread: Five fundamental truth you must know before trade

  1. #1
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    Five fundamental truth you must know before trade

    As we know forex business is always full of so many risk and we should always be alert and educated for the forex trading. We must remember that if we want to make the great success in the forex market then we must always have the good ability to understand the market direction. If we will learn this art then we will be able to make the great profit in the forex market.

    Five fundamental truth.

    1.Anything can happen.

    Being a good trader first of all we must have to keep in mind that in the forex market any moment anything can be happened so we must always be ready to face every change and challenge in the forex market.

    2. Never think about the future.

    While making trade in the forex market in the present we should never pay our focus on thinking about the future indication as this can surely affect our trading style and we should always pay focus on the present market more than future happenings.

    3. Wining and losing

    This is the naked reality of the forex market if someone is gaining the money in the market then there is someone who is losing the money in the forex market. So we must never be dis heart ever.

    4. Indication with indicator

    We should always make the deep study of the forex market and more than all we should always make the good use of the indicator in order to get the proper indication about the forex market.

    5.Cash every moment in the market

    We should just make the every trade with the trust and we should always make the good cash of the forex time and that is why we should make the active role in the trade and cash the every moment in the forex market.

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  2. #31
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    Quote Originally Posted by adeelyaz View Post
    Never think about the future.
    this is very good words, we do not ever think about the future but just do the best thing we can do right now, because we will never know for what will happen in the future, then based on this concept, we do not ever predict for the next movements in the market, but just need to follow it as the safest way, and we can make approaches with follow some aspects such as the news which always effect the market,
    and for this side, we do not ever blame the mistakes to indicators, because in reality, many traders still push the indicators as the way to see the future

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  3. #32
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    it is good to say that the first thing for the trader is to become a good trader, because this is the first goal that each trader should get before start trading in the market, forex is not easy and need a good trader to know how to deal with the market and how to make money, and know how to survive also and trade with little risk always.

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  4. #33
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    Quote Originally Posted by sameeh View Post
    it is good to say that the first thing for the trader is to become a good trader, because this is the first goal that each trader should get before start trading in the market, forex is not easy and need a good trader to know how to deal with the market and how to make money, and know how to survive also and trade with little risk always.
    We became a good trader as we increase our knowledge and experience about trading , it is not a easy way to get millionaire we must have to plan trades and also we have to use our good money management techniques and also learn how to take best decision .

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  5. #34
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    Quote Originally Posted by fahaddd View Post
    We became a good trader as we increase our knowledge and experience about trading , it is not a easy way to get millionaire we must have to plan trades and also we have to use our good money management techniques and also learn how to take best decision .
    All traders will always need to aim to increase their own knowledge in trading as much as possible. It is not easy at all to trade and then many traders can't become a millionaire cause they fail. We need to make a good research about their own failure so that will not happen to us in the end.

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  6. #35
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    Quote Originally Posted by D'mastermind View Post
    That is the point I am also trying to make, when we approach the market with that kind of mindset then we are in for a big loss as we will be gambling with our money too. But if we are disciplined and have learned and understand how the market works. I am sure success can be achieved with forex trading. Trading is a risky business though but yet there are profitable traders.
    losses in forex trading. There is no trader who never made any mistakes in forex, and it is better to make mistakes but we learned from our mistakes than we are afraid to make mistakes and learn nothing but when the investment in the form of money is too little then it is not enough margin to withstand losses. Without sufficient experience will be very difficult to profit.

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  7. #36
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    Quote Originally Posted by YoyO_o View Post
    losses in forex trading. There is no trader who never made any mistakes in forex, and it is better to make mistakes but we learned from our mistakes than we are afraid to make mistakes and learn nothing but when the investment in the form of money is too little then it is not enough margin to withstand losses. Without sufficient experience will be very difficult to profit.
    Loss in trading is something that will happen at least once to all traders. We will be making a lot of mistakes in this business naturally but we need to learn from every chance and possibility to make an even better result. Many traders neglect the learning so they will not be going anywhere.

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  8. #37
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    Forex is a money making machine for all the professional traders. I can not rely on the news calendar for you decision making and even when the impact is said to be high on news release we might experience nothing. All the traders and peoples should try to trade in forex market. we have practiced and understand our trading strategy. Furthermore, if we loss I think we chose to because there are more ways to succeeding.

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  9. #38
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    Quote Originally Posted by mojibar5 View Post
    Forex is a money making machine for all the professional traders. I can not rely on the news calendar for you decision making and even when the impact is said to be high on news release we might experience nothing. All the traders and peoples should try to trade in forex market. we have practiced and understand our trading strategy. Furthermore, if we loss I think we chose to because there are more ways to succeeding.
    Forex trading can only be a money making machine, when you have learned understand and know how the business works. Because there are lots of things we need to know about forex trading. There are lots of trading knowledge and skills to be attained, if we want to succeed, therefore it is a money making machine depending on the trader.

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  10. #39
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    i think training will be the best choice to have enough experience and will have enough ability to make good income So that you do not be hasty in deciding to enter the forex market is running.
    And don't forget to plan your strategy and money management .

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  11. #40
    Trader layigold's Avatar
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    It is not every trader that we make use of indicator in trading and I will never accept that as part of fundamental truth that must be known before trade. I trade without using indicators and I make money quite well, it is not the indicators that gives profits in forex trading , it is the knowledge possessed by the trader himself. I know that some are making good use of indicators and they have good profits to showcase for this

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