It is a very wrong idea

Feb 07, 2021 at 14:14
1,374 Views
22 Replies
Member Since Jul 19, 2020   751 posts
Feb 07, 2021 at 14:14
It is a very wrong idea to go against the market. It means if the market is in trend, follow the trend. If the market is in consolidation mood, trade according to that. Going against the market will end up you to getting margin call. To know more about market you need to study more.
Member Since Jul 19, 2020   318 posts
Feb 07, 2021 at 19:45
I do not think market manipulation is easy especially for individual trader. I also never grasp the concept fully.
Member Since Aug 11, 2017   886 posts
Feb 08, 2021 at 04:15
beginners not willing to serious in demo , no emotions and real money in here for that , so  they can participate in demo trading contest. its minimum better than as usual trading 
Member Since Nov 19, 2020   104 posts
Feb 08, 2021 at 05:55
Exactly, going as per the market moves is quite important. But not all are able to judge those swings easily, good knowledge is a prerequisite here.
Member Since Feb 04, 2021   35 posts
Feb 08, 2021 at 12:24
Exactly. Going against the market is a risky job, especially for day traders or swing traders.
Member Since Dec 24, 2020   15 posts
Feb 19, 2021 at 11:53
I agree that there are some traders who go against the trend and still make profits. But such a step doesn’t turn out to be beneficial for every trader. You must make your decisions wisely.
Member Since Jul 23, 2020   869 posts
Feb 19, 2021 at 18:02
epeepillock posted:
I agree that there are some traders who go against the trend and still make profits. But such a step doesn’t turn out to be beneficial for every trader. You must make your decisions wisely.
True. Trade with proper plan and analysis to ensure success.
Member Since Jul 20, 2020   298 posts
Feb 20, 2021 at 01:22
You cannot swim against such flows. Similarly, you can never trade against the Forex trend. You must follow the trend to make a consistent profit.
Member Since Oct 16, 2020   137 posts
Feb 20, 2021 at 07:51
True that.
Member Since Dec 15, 2020   12 posts
Feb 23, 2021 at 07:42
I agree that there are some traders who go against the trend and still make profits. But such a step doesn’t turn out to be beneficial for every trader. You must make your decisions wisely.
Member Since Feb 23, 2021   16 posts
Feb 23, 2021 at 08:35
I never liked the idea of going against the markets, just trade with your intention of making pofits. going against it is a bad idea in the end
Member Since Mar 16, 2021   2 posts
Mar 16, 2021 at 11:11
I also prefer following the market trend. I enter the market in the direction of the trend and hold the position until the trend reverses.
Member Since Nov 06, 2018   83 posts
Mar 16, 2021 at 14:27
Trend is your friend mate, along with order flow! Trade with it and you will be good.
Member Since Jul 23, 2020   759 posts
Mar 16, 2021 at 17:53
Always follow the trend. Never trade against trends unless you know what you are doing.
Member Since Jan 22, 2021   125 posts
Mar 24, 2021 at 08:45
Agreed and even some of the experienced forex traders prefer to trade with trend. I think we should adjust the sails according to the direction of wind not against it.
Member Since Nov 03, 2020   65 posts
Apr 06, 2021 at 09:20
You just need a reasonable, clearly understand all the actions that are necessary for what will be better in order to trade.
Member Since Dec 11, 2020   110 posts
Apr 30, 2021 at 06:24
I will never understand why do people try to go against the market.
Member Since Dec 31, 2020   16 posts
Apr 30, 2021 at 06:34
blackChelsea posted:
Agreed and even some of the experienced forex traders prefer to trade with trend. I think we should adjust the sails according to the direction of wind not against it.
Well said, Market is the driver, no point going against it.
Member Since Apr 16, 2021   8 posts
Apr 30, 2021 at 08:24
Even with a strategy it is a bad idea if it is a bad strategy. So many bad strategy our there. How to find the right one
Member Since Sep 12, 2017   238 posts
Apr 30, 2021 at 10:19
it is not good to go against the market trend but if one has a different vision it can work for him.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*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.