Share your ideas in fx

Jan 30, 2012 at 21:59
886 Views
6 Replies
Member Since Jan 27, 2012   5 posts
Jan 30, 2012 at 21:59
To be a winner in fx one need to be patience and not greedy.
Patience is the key
walker36
forex_trader_36599
Member Since May 13, 2011   1341 posts
Jan 30, 2012 at 22:15
Hi John

NO OVER TRUST
NO GREED
BE PATIENT

walker
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Jan 31, 2012 at 06:26
You need a good system first ( profitable entry to exit)

then you need to apply risk management/money management to keep the pocket book going during the down months.

lastly, think about the long term objective and the immediate gains

 
Member Since Jan 17, 2012   15 posts
Jan 31, 2012 at 07:16
What is the Max Risk preferable per a trade? Or does it depend on trading volume and lots?..
Less talking, more business!
Clash
forex_trader_54036
Member Since Nov 19, 2011   40 posts
Jan 31, 2012 at 07:39
I agree with John and Steve on the 'patience' aspect. Learning is a life long pursuit no matter what your career or interest - forex trading is no different.
One thing that really helped me along was the idea of always following your trading plan. Knowing exactly what you are going to do from start to finish BEFORE you enter a trade, and sticking with it.
Member Since Dec 16, 2011   297 posts
Jan 31, 2012 at 07:40
overtrading is the biggest deposit killer in my mind ..
Member Since Jan 26, 2012   25 posts
Jan 31, 2012 at 07:50
Dont trade against the trend
Dont be greedy
Take ur loss when u are losing and dont let it eat up ur equity
And always be patient
In God We Trust
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.