THE ART OF TRADING

Nov 30, 2017 at 15:31
2,118 Views
49 Replies
Member Since Nov 30, 2017   17 posts
Jan 02, 2018 at 08:25
MY TRADES FOR THE WEEK AND PROBABLY YEAR
DECISION ZONE/AREA is the support or resistance zone that need to be broken (that is price must close below it from the said timeframe ) and then we hit our target












Attachments:

Plan your trade and TRADE your plan in agreement with the MARKET.
Member Since Aug 27, 2017   994 posts
Jan 02, 2018 at 15:39
Veofunds posted:
MY TRADES FOR THE WEEK AND PROBABLY YEAR
DECISION ZONE/AREA is the support or resistance zone that need to be broken (that is price must close below it from the said timeframe ) and then we hit our target












Thank you very much for your charts! But, it would be better if you added more words on the reason behind it!
Member Since Nov 30, 2017   17 posts
Jan 03, 2018 at 08:09
Adribaasmet posted:
Veofunds posted:


Thank you very much for your charts! But, it would be better if you added more words on the reason behind it!


more words you mean like reasons why i entered the trade and when to enter and also define the analysis style ,please be clear so i can understand
Plan your trade and TRADE your plan in agreement with the MARKET.
Member Since Jan 03, 2018   12 posts
Jan 04, 2018 at 07:35
yes, please explain the reasoning behind the trades
Member Since Jan 05, 2018   6 posts
Jan 07, 2018 at 07:07
A recommendation Read several books and study a lot, because a trader is trained in knowledge in 4 to 5 years. The first readings I recommend are 'Technical analysis of the futures market' by John Murphy, 'The future games: Who win, who loses, why?' By Teweles and Jones and 'Trade
Stocks & Commodities with COT '(The COT is a detailed report of the open positions of commercial producers and financial institutions) by Larry Williams.
Member Since Nov 04, 2017   14 posts
Jan 07, 2018 at 07:50
Yes it is an art because to be a successful trader one must have a plan with 3 variables, if the market rises, falls or is in range and for 3 I must have the entry positions defined, so I calculate my profit margins and loss, since in the market everything is probabilities and you must identify them to see which ones are more convenient.
Member Since Oct 27, 2017   20 posts
Jan 07, 2018 at 08:09
The advantage of having to research only a set of currencies makes currency trading easier for most investors. Although this comparison may take a lot of work, there are a large number of tools and programs that help you discover profit opportunities in this market. Some investors will do this research themselves and others will use a brokerage service to guide them to make the right investments.
Member Since Jan 06, 2018   6 posts
Jan 07, 2018 at 08:27
Well I am a trader. In recent years if my operation is based on more than 80% in the intraday, but I have made fabulous trades in all temporary spaces.
We can not deny that the medium and long term trends are bigger but with the leverage of Forex, derivatives can multiply the intraday and get in a minimum time the same or more benefits. Our most important asset and never forget it is time. Now and more than ever we live every day to the fullest, tomorrow we will see.
Member Since Dec 19, 2017   10 posts
Jan 09, 2018 at 07:48

When the dice are psychological problems that you mean exactly? Could you share those detailed experiences with us?
Member Since Jan 12, 2018   8 posts
Jan 14, 2018 at 06:36
You have every reason to consider yourself an ART. It has an analogical and economic beauty that could never be replaced, for investors taking into account their own merits and polishing them to become experts in trading is the greatest goal.
Member Since Jun 20, 2017   1 posts
Jan 15, 2018 at 08:03
You have good concept... i use similar trading concept with slightly different tools.

keep it up.
keep it simple
Member Since Aug 27, 2017   994 posts
Jan 15, 2018 at 13:42
Veofunds posted:
Adribaasmet posted:
Veofunds posted:


Thank you very much for your charts! But, it would be better if you added more words on the reason behind it!


more words you mean like reasons why i entered the trade and when to enter and also define the analysis style ,please be clear so i can understand

Yes exactly! When to open new trades and why? Besides, I am interested to know more about your SL position!
Member Since Jan 15, 2018   4 posts
Jan 15, 2018 at 15:36

What do you consider to be the fundamental conditions for a person to become a successful trading?
Member Since Feb 22, 2011   4862 posts
Jan 16, 2018 at 07:23
Edwarf10fx posted:

What do you consider to be the fundamental conditions for a person to become a successful trading?
To become a successful trader you need to follow successful trading plan.
That's it.
Member Since Jan 02, 2018   6 posts
Jan 19, 2018 at 07:39
Edwarf10fx posted:

What do you consider to be the fundamental conditions for a person to become a successful trading?
Mainly money management and discipline :)
Member Since Nov 30, 2017   17 posts
Jun 10, 2018 at 06:36
Edwarf10fx posted:

What do you consider to be the fundamental conditions for a person to become a successful trading?

You need to PASS THROUGH the process of learning more about the market and yourself, The process is the main part where you want to make consistency become a habit.
Plan your trade and TRADE your plan in agreement with the MARKET.
Member Since Aug 11, 2017   886 posts
Jun 18, 2018 at 10:35
In Forex trading there are many important things that we the traders have to make sure , if we want to lead a comfortable trading life with certainly, we have to ensures security of our funds, very good source to acquire proper trading knowledge , lowest trading knowledge , low transaction cost , easy withdrawal system without long time process, active customer services , free demo trading and much more that really supportive to trade with great comfortably.
Member Since Aug 14, 2017   3 posts
Jun 19, 2018 at 06:04
Edwarf10fx posted:

What do you consider to be the fundamental conditions for a person to become a successful trading?


Displine, trading plan, risk management, patience and keep your emotions in check.

Trading is easy to learn, but difficult to master.
The successful man is the average man focused
Member Since Nov 30, 2017   17 posts
Jun 20, 2018 at 06:19
jamiemckeand posted:
Edwarf10fx posted:

What do you consider to be the fundamental conditions for a person to become a successful trading?


Displine, trading plan, risk management, patience and keep your emotions in check.

Trading is easy to learn, but difficult to master.

I love the last word
Easy to learn ..difficult to master but i will also add
 simple to trade.
Why becaaue the best trading system are the simple ones out theere
Plan your trade and TRADE your plan in agreement with the MARKET.
Member Since Jun 13, 2018   13 posts
Jun 20, 2018 at 10:27
I don't think that is true. The simple systems do not work at all. If they did then everyone would be rich. It is only the complex systems that work
Topic is locked
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.