How to manage our trading strategy? - Page 4
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Thread: How to manage our trading strategy?

  1. #31
    Registered user erespe's Avatar
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    Trader itself, is the most important part of all this. We could have a perfect strategy or system, or a good indicator, but as long as the trader does not have the discipline and the firm to comply with existing rules, then all will be in vain.
    “Not everything that can be counted counts, and not everything that counts can be counted.”
    ― Albert Einstein

  2. #32
    I think that's a good point mate we have to maintain a good discipline in our trading because most of new trader's don't know about their trading niche they just try to make buy and sell want to make big money. But we should never try to learn about trading style. We should try to focus on that first

  3. #33
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    This is very good for trading, but the division by 30 is too much for me, what will the trader that is trading with just 1oo dollars be earning if that value is divided by 30, and doing it for the risk? It might be a good means of management for the traders that has big money, but to the small, it will stress them.

  4. #34
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    I don't think that small money will stress them it will give them small earning only. No matter you are using small amount or big amount of money you will get profit according to your capital I think the set of 20 trades will be good at all. But if anybody have a big amount of investment in forex then he or she can use 30 trades set

  5. #35
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    trade with multipairs need a good money management and risk management, and also traders need to know some characteristic for every pairs, it is very important for them then can put the order on the right place
    and i guess, it is so wise to trade with just take the risk that we understand to handle it

  6. #36
    Quote Originally Posted by erespe View Post
    Trader itself, is the most important part of all this. We could have a perfect strategy or system, or a good indicator, but as long as the trader does not have the discipline and the firm to comply with existing rules, then all will be in vain.
    Yes mate, of course, success is dependent on the quality of our trading system and also our ability to manage our system with a variety of considerations, it looks complex, but it is a normal thing in a business, if we are a businessman, then we understand that success in a business is the result of our own hands in managing this business.
    If you lose, be patient. If you win, stay humble

  7. #37
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    Quote Originally Posted by rinaji View Post
    Yes mate, of course, success is dependent on the quality of our trading system and also our ability to manage our system with a variety of considerations, it looks complex, but it is a normal thing in a business, if we are a businessman, then we understand that success in a business is the result of our own hands in managing this business.

    Yeah there is no doubt in it rina ji you are correct if we have to gain a good success and have to become a successful in forex then its very important to manage our business in a good way. Because everything depend upon us a good trading attitude will give us a better success on the other a bad trading management will make us a looser here

  8. #38
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    Thanks for participating in this discussion yeah guys you have posted well about how to manage our forex trading business. Regular hard work, regular learning, good patience, good skill and experience, good trading psychology these all the best points to manage our trading business in a nice shape. Along with it we need a better market planning too

  9. #39
    this depends on the strategy we use . some times we find a very simple strategy which does not need any more attention but simply it is done . other strategies which include many indicators . many tools . needs a certain time frames or a certain time for news . these types of strategies need of us to follow them carefully ad take guard f any mistake may happen

  10. #40
    By using the treading strategy into demo account we can get the clear idea about the Forex treading and whether the strategy is profitable or not. At least six month treading practice into demo account make the clearance about the strategy so need to have a good idea about the Forex and also need to have a better possible way to take a decision whether we can use the treading strategy in rel life or not so think that in this way we can have the chance to decide the strategy.

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