Forex Trading is all about a Good Entry - Page 43
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Thread: Forex Trading is all about a Good Entry

  1. #1
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    Post Forex Trading is all about a Good Entry

    From my trading experience, I have learnt that biggest success in Forex Trading comes through an Excellent Entry. For an instant example, I lost my capital three times just for wrong entries. Next, I waited for three weeks just to get an exclusive entry and by that, I persistently made profit for seven weeks. In fact that was my entry to success in Forex.

    Learning something has a responsibility of sharing. So, here I will explain the pros and cons of a good entry in brief-

    How to get that expected Entry
    If you are a short time trader, preferably H1 and H4, you must use Trend Lines in various ways to be confirmed of the end of a trend or generation of a new trend. Using D1 time frame in this regard will certainly give you extra facility and assurance. Always be watchful about declining trends. Declining trends indicates that market will get a big break out to upside or downside. Applying previous highest high and lowest low helps you measure the declination of trend. After being confirm of a new Trend, get your entry. I know Entry found with hard work and passion never betrays!

    What a Perfect Entry will give you

    By grabbing a perfect entry you can easily get a long trade and long trade means big profit. That’s not all. If you can get your entry at the beginning of a new trend, you can double your profit by doing swing trade following the trend. Since you are doing counter trade without closing your opening trade, your equity will remain same and meanwhile you can search for another opportunity in another currency.

    What a Wrong Entry will cost you

    Wrong Entry always costs you a lot. For example, a trader opened a Buy Trade and soon found it wrong and closed it with a big loss and opened another Sell Trade. By the time he realized the previous trade to be wrong and opened new trade, the market has already started reversing! Again loss. It is an evil fact that once you are trapped with a Wrong Entry, it will not leave you without doing harm to your capital as much as possible.

    For that, both good and bad entry continues for a longer period. I can confirm you that people who are making profit continuously are never crazy for trading. They don’t come to platform to open a trade, rather they come and stay at platform to find a good opportunity. Remember, Forex trading is never a gambling that you will bid and luckily become a millionaire overnight! It’s all about finding opportunity. No Opportunity, No Trade. Always have unlimited patience because “Fruit of Patience is always the Sweetest”!

    Best of Luck to all of you Guys.

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  2. #421
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    A good entry is one of the very best way to follow this market and its by sure a better chance to see that profits can be well made. Knowledge is very good and this knowledge will bring about the best means to handle risk and see that the best entry is made. If the market gets to open up for us, we would make a good trade and we can achieve that which will work out for us in this very business. It's important we make a strong entry trade because this settles us to have higher chance of making profits. .

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  3. #422
    Registered user ola4real's Avatar
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    Quote Originally Posted by Krosneles View Post
    Good entry point and good timing are very important and they are the key to success. Traders should be patiente and do not rush to enter the market, They have to wait for the moment when market starts to move back or it makes false or real breakout and then traders can follow the market and price. Traders who are in a hurry make mistakes.
    The good entry is not what forex traders can do without, it is what will determine the loss or profit in whom the forex traders will get in his trading. The forex traders who are trading with the good entry must have the correct forex strategy who is doing that for the trader, and it s better that the forex traders do not always trust the good entry, nothing is totally sure for everyone, stop loss should be used every time we trade too.

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  4. #423
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    This is depend on trading plan if we put our hardwork so we easily find the level where we enter in market and very important where we exit from this market , our entry is also a part of good decision making because sometime we have confirmation of any trade but due to poor decision making it is not favorable for trader to get enter at right time so where we build good analysis we have to be good at decision making as well .

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  5. #424
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    There is no doubt that a good entry is the real thing that we need to succeed, but the percentage of the traders who really know what it would take to get entries that would be accurate enough are small, if we don't train ourselves to always understand what constitute a good entry, you cannot become a profitable trader anytime soon, this is an excellent way that we avoid losses.

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  6. #425
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    Yeah its imortant for all traders to enter into a trade on time because if you will miss the time then you will lose your money. Forex is not easy business but if traders are work hard and they are analysis the market trend with proper planning then their success is become possible for them.

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  7. #426
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    Forex success is all depending on the traders good formation to when the enter in the market and when to stop working here so patience and good time to know for open are required in this regard and the traders will take it time then they will obtain the powerful results from it by taking the right decisions about every important factor .

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  8. #427
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    A good entry is helpful and should be what we should follow in forex. Knowing about how to make the best entry will be for our own good and with the right trading knowledge we can as well understand the best time to open a trade. A good entry is helpful and its what should be done to help see that a profitable trade will be made. Forex is a good opportunity for traders and understanding this market will help us make better entry decisions that would bring us more success.

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  9. #428
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    It is the good and well way of the trading , when we start the trading we proper plain our trading and hope well to earn a lot of money . we can easily earn money from the forex. in the trading when we make a good entry in the starting which make good impact and this is really best way of the trading .i think the wrong entry is the sign of failure in the trading.

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  10. #429
    Registered user cutiekc's Avatar
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    With good entry comes huge amount of money, but with the use of the best strategy comes good entry. However, good strategy has to work hands in hands with the use of the good discipline as well, in the sense that you get not to be so much emotional and also be on point and precise about the signals you want to take.

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  11. #430
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    A good entry in forex market are very important for him then trader increase everyday high pips profit in it. You have need to use powerful trading method to identify the market and wait for right time to enter the market in little risk after it you should make everyday simple or strong trading strategy plans for trading to everyday success on this business.

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