Successful trading
Apr 26, 2019 at 08:09
Prakon posted:
For true successful trading trader needs to know fundamentals. Somany trader look at technical and fail. The ones that are good and stay good are those that understand fundamentals and can read price movement
Basically; having a combo trading skill is very much important; only technical or fundamental is not enough.
Member Since Dec 05, 2016
14 posts
May 13, 2019 at 14:01
Profitable trading is all about having an edge, sticking with that edge and managing risk.
Those that are unsuccessful in trading either have no edge, trade on emotion or don't have strict risk management.
If I can do it, so can you!
May 15, 2019 at 10:25
lovethepips posted:
Profitable trading is all about having an edge, sticking with that edge and managing risk.
Those that are unsuccessful in trading either have no edge, trade on emotion or don't have strict risk management.
Money management & risk management is very much important to survive here! It helps to avoid unexpected losses in trading.
May 19, 2019 at 06:05
lovethepips posted:
Profitable trading is all about having an edge, sticking with that edge and managing risk.
Those that are unsuccessful in trading either have no edge, trade on emotion or don't have strict risk management.
Well said Sir
May 21, 2019 at 06:57
Imamul posted:true! stop loss is must especially when you are a beginner.
never found a successful trader in here who got success without using Stop Loss , so this technique no way to avoid at all when trading , without SL your trading condition as like a ship in an ocean without a rudder, that's all.
Member Since Aug 27, 2017
994 posts
May 21, 2019 at 07:46
(edited May 21, 2019 at 07:46)
raybill posted:Imamul posted:true! stop loss is must especially when you are a beginner.
never found a successful trader in here who got success without using Stop Loss , so this technique no way to avoid at all when trading , without SL your trading condition as like a ship in an ocean without a rudder, that's all.
Even, you are an experience trader; till now you can’t ignore that tool; yes I am taking about SL.
Jun 13, 2019 at 10:35
Imamul posted:
never found a successful trader in here who got success without using Stop Loss , so this technique no way to avoid at all when trading , without SL your trading condition as like a ship in an ocean without a rudder, that's all.
So true. Only or beginner trade without stop loss. Imagine working for a bank and entering a position without a stop loss. You have to tell your boss that the potential losses are unlimited. no one will do that
Member Since Jun 14, 2019
10 posts
Jun 16, 2019 at 07:06
The best strategy is one you develop yourself as you will fully understand it. Look at the charts and focus on repeating patterns. If you see something test it and adjust it so that it works
Member Since Dec 05, 2016
14 posts
Jun 17, 2019 at 06:37
ForexFarmer1 posted:
The best strategy is one you develop yourself as you will fully understand it. Look at the charts and focus on repeating patterns. If you see something test it and adjust it so that it works
Totally agree. All my strategies are based around this - finding something that happens in the market over and over again and then creating a strategy to make advantage of this...
Jesse Livermore 'WHATEVER HAPPENS IN THE STOCK MARKET TODAY HAS HAPPENED BEFORE AND WILL HAPPEN AGAIN'.
Jesse Livermore 'PATTERNS REPEAT, BECAUSE HUMAN NATURE HASN’T CHANGED FOR THOUSAND OF YEAR'.
If I can do it, so can you!
Member Since Aug 27, 2017
994 posts
Jun 23, 2019 at 04:52
Robert96 posted:ForexFarmer1 posted:
The best strategy is one you develop yourself as you will fully understand it. Look at the charts and focus on repeating patterns. If you see something test it and adjust it so that it works
I completely agree. Truly great profits can be earned only by breaking strategic analytics templates.
I think so! Basically it takes such a long time to develop a good trading strategy or system! There is nothing like shortcut way of it.
Sep 04, 2019 at 10:18
I have seen mostly brokers don’t allow scalping in their trading platforms. So we the traders who are particularly scalpers have to choose our broker carefully. First of all we have to ensure brokers trading spreads , actually without lowest trading spreads that’s not possible at all to make profit with certainly in spite of having good trading knowledge .
Member Since Jan 05, 2016
1189 posts
Sep 07, 2019 at 03:48
lovethepips posted:ForexFarmer1 posted:
The best strategy is one you develop yourself as you will fully understand it. Look at the charts and focus on repeating patterns. If you see something test it and adjust it so that it works
Totally agree. All my strategies are based around this - finding something that happens in the market over and over again and then creating a strategy to make advantage of this...
Jesse Livermore 'WHATEVER HAPPENS IN THE STOCK MARKET TODAY HAS HAPPENED BEFORE AND WILL HAPPEN AGAIN'.
Jesse Livermore 'PATTERNS REPEAT, BECAUSE HUMAN NATURE HASN’T CHANGED FOR THOUSAND OF YEAR'.
Gann Theory ;)
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Sep 23, 2019
10 posts
Sep 23, 2019 at 11:10
Professional4X posted:lovethepips posted:ForexFarmer1 posted:
The best strategy is one you develop yourself as you will fully understand it. Look at the charts and focus on repeating patterns. If you see something test it and adjust it so that it works
Totally agree. All my strategies are based around this - finding something that happens in the market over and over again and then creating a strategy to make advantage of this...
Jesse Livermore 'WHATEVER HAPPENS IN THE STOCK MARKET TODAY HAS HAPPENED BEFORE AND WILL HAPPEN AGAIN'.
Jesse Livermore 'PATTERNS REPEAT, BECAUSE HUMAN NATURE HASN’T CHANGED FOR THOUSAND OF YEAR'.
Gann Theory ;)
But doesn't algo trading change everything because there is no human interaction?
Member Since Feb 22, 2011
4862 posts
Sep 23, 2019 at 11:12
blackbridge posted:Nope because people taught algos to trade the same patterns as human do :)Professional4X posted:lovethepips posted:ForexFarmer1 posted:
The best strategy is one you develop yourself as you will fully understand it. Look at the charts and focus on repeating patterns. If you see something test it and adjust it so that it works
Totally agree. All my strategies are based around this - finding something that happens in the market over and over again and then creating a strategy to make advantage of this...
Jesse Livermore 'WHATEVER HAPPENS IN THE STOCK MARKET TODAY HAS HAPPENED BEFORE AND WILL HAPPEN AGAIN'.
Jesse Livermore 'PATTERNS REPEAT, BECAUSE HUMAN NATURE HASN’T CHANGED FOR THOUSAND OF YEAR'.
Gann Theory ;)
But doesn't algo trading change everything because there is no human interaction?
Member Since Aug 27, 2017
994 posts
Sep 23, 2019 at 14:22
Artemsb posted:Mohammadi posted:Money management is really good as it can save you from huge losses but i don't think success is that easy
success can be an easy task ,
if you have enough capital and you know how to manage money. that's all
Till now Forex trading is much challenging; so there is no way of easy earning! On the other hard; without a good trading skill only proper money management plan will be valueless!
