Five fundamental truth you must know before trade
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  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. #2
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    I don't want to trade with the trading attitude of any thing can happen, with that been said I don't like trading with the fundamental approach, because I want to be more certain with that I am doing. You 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.

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  3. #3
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    I don't want to trade with the mindset of anything can happen in forex market, of course this have really drag me to huge loss in forex market, trading forex with such mindset is not good at all, forex market is unpredictable and anything can happen but it will make you take risk of which you don't have the intention of taken.

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  4. #4
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    Quote Originally Posted by coolless View Post
    I don't want to trade with the mindset of anything can happen in forex market, of course this have really drag me to huge loss in forex market, trading forex with such mindset is not good at all, forex market is unpredictable and anything can happen but it will make you take risk of which you don't have the intention of taken.
    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.

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  5. #5
    Trader YoyO_o's Avatar
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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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  6. #6
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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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  7. #7
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    Quote Originally Posted by coolless View Post
    I don't want to trade with the mindset of anything can happen in forex market, of course this have really drag me to huge loss in forex market, trading forex with such mindset is not good at all, forex market is unpredictable and anything can happen but it will make you take risk of which you don't have the intention of taken.
    yes you are a right this is good if you are a good trader then you must to know it how to work with fundamental its not a easy thing which you guys think if you understand this you must to go very deep in this then you understand what you do in this market so try to understand about fundamental and then you work on it...

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  8. #8
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    we can cash every moment but this can be after huge experience, i think after experience also we can't predict accurately because we can't predict market always and this can't be true for us, so make sure you are learning properly after some expereience can be good, but trade always with breaks continues can't give profit

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  9. #9
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    Yeah your five truth are really good because whenever we enter in market then no one know about market movement exact. We are not think about future or market shape that market is now move more down because may be its bounce back to again move towards the top of market. No one in this business confirm that where market is going.

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  10. #10
    Trader cutiekc's Avatar
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    I don't agree that we don't have to think about the future, but I think we have to think about the future, because we have to think what will be the possible out come in forex trading. If we think the possible out come when we are trading then we will have more successful trades. Forex trading is a risky business We need to think if we are doing the right thing or not.

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