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Thread: How to win consistently profitable in Forex trading?

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    How to win consistently profitable in Forex trading?

    How to win consistently profitable in Forex trading?
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    Most of traders will think that achievement in Forex trading depends fully on the system or trading strategy you use. In fact, it doesn’t. What it actually depends on, the foundation upon which true winner as a trader is built is your mindset and psychology – how you think and feel about the Forex market and how you react to it.


    There are many websites trying to sell some indicators and robot-based trading system I won’t tell you this. Because of, they want you to believe in their products and that you could make money with them. That’s the source of most of the stories you listen to about trader who attempt Forex trading and lose money. They come into the market with unrealistic. They make a mindset that pressures them with the need to make a lot of money in short time and end up trading emotionally.

    Discipline
    At first you need to know is that trading is a discipline. It is a long-term game of probabilities, you will win some trades, you will lose on some trades. But as long as you a disciplined enough to fully stick to your trading strategy, to not be emotionally attached to your losses, or worse your wins. You will be apt to make more winning trades than losing trades and nit a profit.
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    Mastery
    You need to understand what your trading strategy and you need to expert on it. You have to know it inside and outside. Also, have absolutely no doubts about that the market needs to look like before you risk your money in a trade. You have to become a sniper. Once the market conditions match your strategy criteria then you should place your trade without hesitation.
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    Risk Management
    Always manage your risk on every single trade. The moment loosen your control above your trades. You allow emotion to steal in and before you know it, you are in a downward spiral of emotional Forex trading and losing trades. Only take risk the money you are prepared to lose in per trade. In fact, you should go in expecting to lose on any given trade.
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    Plan
    You need to be very passionate and always you have a trading plan and journal to track your trades. Think of Forex trading as a business rather than placing a bet in a casino or gambling. Invest with your calculator and not your heart and keep cool in your dealings with the market.
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    Conclution: There's risk in every trade you take, but as long as you can measure risk, you can manage it. Forex trading market is always risky .Never Let a Winner Turn Into a Loser.

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  2. #3431
    Trader Doge's Avatar
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    "Consistently" might imply some regular profits and almost no losses. That's kind of impossible I think, or at least not natural for the markets.
    Markets spend most of the time in ranges, that is nothing in particular is happening. Trends are when the market situation changes. It should probably be the same with traders - most of the time we sit and swing the profit around zero. When we catch a good move we need win big - multiply the account a few times maybe, as these changes are always an exceptional situation.

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    Wow. Much Forex. So Monies. Very Opportunity.Many Trade. So Amazed. Wow.

  3. #3432
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    Winning consistent profits is dealing with the profitable strategies only so this is the most essential thing that influences on the trader whole working procedure so we have to make the profitable winning strategies that will help to get constant earning ratios with complete better earning reward and get higher earning rates .

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  4. #3433
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    There are so many strategies in Forex and every trader has freedom to choose any strategy. Traders success is become possible only if traders are using their skills and their experience in trading to trade according to the market trend. Keep in mind that winning consistently requires having a very good trading strategy,and a good level of discipline and patience.

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  5. #3434
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    To win consistently in Forex trading we need to build a very good trading strategy that is one aspect of it,then secondly we need to be very patient and discipline. A trader who knows how win consistently will definitely grow his account no matter what,it might take time due to the capital involved but it will happen.

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  6. #3435
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    Quote Originally Posted by Azeem View Post
    There are so many strategies in Forex and every trader has freedom to choose any strategy. Traders success is become possible only if traders are using their skills and their experience in trading to trade according to the market trend. Keep in mind that winning consistently requires having a very good trading strategy,and a good level of discipline and patience.
    I am agree with this , there are surely best options are available which indeed give us the surety to form success and to have the earning rightly we can get the consistent profits through it so we must take the better strategies in options that must be planed well and through own experience we will maintain success erectly .

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  7. #3436
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    Obviously this is possible to wins consistently profitable results from the forex market but first it takes a long time and with the help of our time and training work on a specific strategy could be trust able for making the profitable earning through it so we make sure we are using one best method of trade and with the great ideas and planning we will get the profitable results easily.

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  8. #3437
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    The plan on this trade is about winning constantly but first traders have to work on a creating a profitable system that can help them so much more in forex. Winning well is helpful and creating the best part of trading is a nice means for us to make it. Keep in mind that If we must make good wins in forex, we must seek on the avenue to become successful and can earn a huge amount.

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  9. #3438
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    Winning consistently in Forex require good knowledge and trading skills.Forex trading is not easy trader has to do hard work for getting success.Learning is the most important thing for trader without learning no strategy would be good and profitable therefore trader should spend his good time for learning.For winning consistently trader should trade the trend.

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  10. #3439
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    Quote Originally Posted by Ghulam View Post
    Winning consistently in Forex require good knowledge and trading skills.Forex trading is not easy trader has to do hard work for getting success.Learning is the most important thing for trader without learning no strategy would be good and profitable therefore trader should spend his good time for learning.For winning consistently trader should trade the trend.
    It is a fact that forex requires basic understanding and learning but here we can earn on the base of our trading skills and success of our trading system .I think we need to focus on getting a good trading system and we must spend our time in learning and praticing with different reading strategies.At the end the most important points is that we should not have a mind set to get profit in each and every trade because loss is a part of business. we should use proper stop loss and we should have proper trading strategies in order to trade in a systemized manner. it is the way to get to the professional level in Forex. if a trader have overall positive results, it means he is winning consistently.

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  11. #3440
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    Winning a profitable trade is actually comes from the best trade skills and good ideas so we need a very effective working system which is consisting on the experience and the whole knowledge about it that could helpful for winning the profitable trade with earn success securely so we should learn all the working systems and get the advantageous trade results .

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