TRADING WITH THE WINNING PARK
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Thread: TRADING WITH THE WINNING PARK

  1. #1

    Lightbulb TRADING WITH THE WINNING PARK

    Well to all traders out there especially the ones who are just starting out in trading i would advice you to follow this simple example.just like wild animals forex market prices are moved by numbers and the numbers are between the buyers and the sellers.so since there can never an equilibrium point that the number of buy positions is equal to the number of sell positions then that is why prices never stop moving. forex price move in an effort to find this equilibrium point and since it can never be achieved prices tend to move in both direction but still even under such a situation there is still the dominant force and this may either be the bulls or the bears and they can be clearly seen if you stop looking at the current price and look at the history you will be able to see that price had moved from point A to B and it is now heading to point C.this is what we call the TREND

    the moment that you identify the dominant force in the market then you have just identified the winning park and so you should always trade with this park. just like the way bats or fishes move in numbers for the purpose of safety for they know that the only time that they are not safe is when they are not in the group then we as traders are supposed to trade only in the direction of the trend.though this does not mean that we will always win in our positions but it greatly increases our chances of winning in a trade.for everything in forex is about taking chances

  2. #2
    In start like you said this is very very important to have some kind of success if you dont get success then most probably you will leave the trading so in start yeah we have to start like winning park and be in the good envirement of winning then you can earn big money

  3. #3
    Talhazz, what i meant is that the first step of winning a trade in forex is only trading in the direction of the trend and it is only then that the trader has to only care about a reversal in price or a continuation and in most cases it is a continuation that they are surpossed to manage and not a reversal of price

  4. #4
    Trader lawners1791's Avatar
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    the decision on working of the longer terms of trend direction strategy on capturing entry position those had with the basics on commons as trader works on occupying the better on occasion as having of supports with the different use of system as referring returns as those had with the proven on records of the past terms to gives of chance on helping of the good target of completion as by the beginning entrance with the good projection.

  5. #5
    That is the basic rules to earn from the forex market. Just like what we often hear that trend is frend. It is a reasonable, trend was formed if there are imbalance of supply and demand from buyers and sellers. We just need to follow the winning group of both buyers and sellers. Just like a bath or fish.

    This is a very simple theory, but it woule be hard when we face the market running, there are many tricky and the high volatilities of the market often give the pressure to the psychological condition of the traders.

  6. #6
    Quote Originally Posted by rinaji View Post
    That is the basic rules to earn from the forex market. Just like what we often hear that trend is frend. It is a reasonable, trend was formed if there are imbalance of supply and demand from buyers and sellers. We just need to follow the winning group of both buyers and sellers. Just like a bath or fish.

    This is a very simple theory, but it woule be hard when we face the market running, there are many tricky and the high volatilities of the market often give the pressure to the psychological condition of the traders.
    yes finding the trend is the hardest part of trading as there are so many definitions and there are so many factors that affect the trend that the trader is seeing and this is why we in trading we only have to look at the best possible direction of price going and trade only according to it then we will have a good win to loss ratio in our trades that is what i mean

  7. #7
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    Although, this thread is simple and very short, it contains the basis and mechanism of working of the forex market . All traders should find the importance of trading the trend through this thread. And I am so sure that if traders could be very patient to identify the total trend as the point of the dominant force as the thread starter has explained, then they will always be working on the brighter side of the market all the time.

  8. #8
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    Quote Originally Posted by rinaji View Post
    That is the basic rules to earn from the forex market. Just like what we often hear that trend is frend. It is a reasonable, trend was formed if there are imbalance of supply and demand from buyers and sellers. We just need to follow the winning group of both buyers and sellers. Just like a bath or fish.

    This is a very simple theory, but it woule be hard when we face the market running, there are many tricky and the high volatilities of the market often give the pressure to the psychological condition of the traders.
    Yeah market could be unbalanced many time and it can affect our trading psychology. This is really true friend that trend is our friend but in real its not our trend all the time, many time it can move against us and it could make the market very dangerous or unpredictable. Specially on fundamental announcement, Trader's should use strict stop loss and proper management when they apply trend is friend theory in their trading.

  9. #9
    Khimi234, well the truth about forex trading is that we cannot win all trades that we take in our trading but the thing is that if we are able to go and trade with the trend then our odds of winning are high in our trading than in losing in the trades

  10. #10
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    Quote Originally Posted by Khimi234 View Post
    Yeah market could be unbalanced many time and it can affect our trading psychology. This is really true friend that trend is our friend but in real its not our trend all the time, many time it can move against us and it could make the market very dangerous or unpredictable. Specially on fundamental announcement, Trader's should use strict stop loss and proper management when they apply trend is friend theory in their trading.
    Fantastic buddy its really true about the market, it can not be the same all the time. Depending upon one single pattern would be dangerous for trader so I would suggest them to be smart. I believe much in a strong management rather than a strong strategy. Everywhere people are talking about trend is my friend but many of them forget to pay attention on their money management and risk management.

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