To use chat, please login.
Back to contacts

Trading Lessons!

FxDThompson (FxDThompson)
Jan 14 2020 at 17:36
11 posts

What tough lesson/s have you learnt recently that is helping to improve your results?

 Contrary to a quite popular belief, I have learnt that Fundamentals can bear great significance to your trading results.😄

Share your lesson and how it has helped you to reap better results!

"Let tomorrow envy that you did it today"
ufotech (ufotech)
Jan 14 2020 at 21:46
35 posts
The market is going to do whatever the market wants to do.

If you want to be profitable, make profitable trades.
TeamNotreDame
Jan 15 2020 at 14:50
11 posts
yeah but how can we predict what it will do based on previous action

ufotech (ufotech)
Jan 15 2020 at 19:02
35 posts
TeamNotreDame posted:
yeah but how can we predict what it will do based on previous action


Fundamental analysis, Technical analysis, Market Analysis.

Market is presenting as Bullish? Buy
Market is sideways or unmoving? Do nothing
Market is presenting as Bearish? Sell

If the trade is unprofitable, close it and wait for the next trade.
If the trade is profitable, let it run it's course for profitability.

Manage your risks properly.


If you want to be profitable, make profitable trades.
FxDThompson (FxDThompson)
Jan 15 2020 at 23:00
11 posts
ufotech

Fundamental analysis, Technical analysis, Market Analysis.

Market is presenting as Bullish? Buy
Market is sideways or unmoving? Do nothing
Market is presenting as Bearish? Sell

If the trade is unprofitable, close it and wait for the next trade.
If the trade is profitable, let it run it's course for profitability.

Manage your risks properly.

 Precisely @ufotech

"Let tomorrow envy that you did it today"
Roberto21
Jan 16 2020 at 11:18
364 posts
we can learn trading principle from various sources but the best way according to me by own trading mistake. our mistake can be our great Mentor , we should leave the habit doing same mistake again and again.  if cant , no way to come out fro losses at all. 

FxDThompson (FxDThompson)
Jan 16 2020 at 12:28
11 posts
@Roberto21 A very valid point! It is important to learn from our mistakes and also to grow from them

"Let tomorrow envy that you did it today"
traderroni
Jan 18 2020 at 07:07
29 posts
Roberto21 posted:
we can learn trading principle from various sources but the best way according to me by own trading mistake. our mistake can be our great Mentor , we should leave the habit doing same mistake again and again.  if cant , no way to come out fro losses at all. 


 Those are really wise lines. When we incur losses, we get a reality check. Its like a warning signal and demands immediate attention as to what went wrong.

Cordardred (Cordardred)
Jan 19 2020 at 13:46
16 posts
As for the market, well said, if we talk about exactly what depends on me - the main advice is not to rush, money loves peace and responsibility, and the better you understand it, the greater the chance that you will leave the market with the money.

Flong
Jan 19 2020 at 14:29
12 posts
Yes, you need to work here as if this is your last chance and you can earn the whole secret only today, only confidence and determination turns an ordinary trader with mediocre success into a real professional who always achieves his goals and runs his business in the market.

Please login to comment .