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Thread: How to win consistently profitable in Forex trading?

  1. #1
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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. #3271
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    If trader has good experience so he is able to understand the market and determine the market direction. It is the main thing and the questions of strategy is secondary thing. Trader with good experience will be able to make consistent profits in forex market because he will use normal size deposit and good risk and money management.

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  3. #3272
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    if we will choose the best strategy if we are fulfill the market requirements so we have to get tje knowledge and learning well which indeed important for taking the good results so we have to make the success possible with choosing the good strategies then to earn consistent way for getting success also possible perfectly .

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  4. #3273
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    There are basic rules that every trader should follow and never break these rules because these rules of trading will build the pillars for approaching on the success and if we want to be a profitable trader in this market then we should take every decision very wisely and earn huger sources for winning with carefully work in this market .

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  5. #3274
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    Rules building and following is very important to earn consistently from this market i always love to use the best and simple trade strategies easily we followed them and we have chances of wining working in right way with good use of strategy and with the best plan help trader to survive and our trade success should be possible in this way .

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  6. #3275
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    It's take a good experience, skills and understanding about the market to be able to make money consistently, with this basics aspects we will be able to trade and earn more than what we lose to the market, before we start to trade we should spend time to learn and understand this business well in the very beginning before we trade, cause a good experience about the market will make it possible for us to make money consistently.

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  7. #3276
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    Good winning will give us good opportunity to survive and enjoy profitable trading. Traders looking at the possible means to make a reliable income in forex must look further on the opportunity to build a great skills for themselves. If we are taking the right steps to build a profitable system we will have the possible opportunity to develop in the right means. I always follow the chance to build a winning system and forex for me remains one of the promising trades that will lead me to success if I take learning serious.

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  8. #3277
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    Saad Ahmad, when we are earning well it not means we will earn every time good here, we can survive if we have proper management if we have proper experience, so for some reliable profit and good profit we need to make a system where we give it time and attention, our skills can make us good but it will also take some time, a good system can make us best trader but if we give it time and our best mindset as well

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  9. #3278
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    Quote Originally Posted by fahaddd View Post
    Rules building and following is very important to earn consistently from this market i always love to use the best and simple trade strategies easily we followed them and we have chances of wining working in right way with good use of strategy and with the best plan help trader to survive and our trade success should be possible in this way .
    not all best strategies comes from simple setups and not all simple setups can be our best strategies to give excellent understanding to market. traders may have different level of understanding as they can use even the most complicated setups for their strategy. some other traders may do it oppositely and goes for the simple strategy which they think it is quite difficult for them to understand. first we need to understand our level of learning to choose which one we can use more suitable.

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  10. #3279
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    Consistent earning brings good joy for any trader and our intention on this market must be to build a profitable strategy that will give us chance to maintain more consistent system. In this business there is a large chance to earn well and if we can take up the ability to trade this market, we would be able to maintain more of successful trading. A good consistent winning system can indeed give us the ability to rely on this trading and become our own boss.

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  11. #3280
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    Winning consistent profits is very tough process because winning is not easily attained and a trader never be confident about always wins positive trade because forex market have both parts to give us positive or negative trade that is based on the experience and our learning and managing skills and with the power of our knowledge this is possible to attain a successful trade process in the results.

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