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Trading Lessons!
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Member Since Nov 04, 2019 4 posts
David Thompson (FxDThompson)
Jan 14 at 17:36
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" |
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Member Since Jan 05, 2020 19 posts
ufotech (ufotech)
Jan 14 at 21:46
The market is going to do whatever the market wants to do.
If you want to be profitable, make profitable trades. |
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Member Since Jun 28, 2019 11 posts
TeamNotreDame
Jan 15 at 14:50
yeah but how can we predict what it will do based on previous action
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Member Since Jan 05, 2020 19 posts
ufotech (ufotech)
Jan 15 at 19:02
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. |
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Member Since Nov 04, 2019 4 posts
David Thompson (FxDThompson)
Jan 15 at 23:00
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" |
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Member Since May 02, 2019 185 posts
Roberto21
Jan 16 at 11:18
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.
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Member Since Nov 04, 2019 4 posts
David Thompson (FxDThompson)
Jan 16 at 12:28
@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" |
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Member Since Oct 05, 2019 12 posts
traderroni
Jan 18 at 07:07
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. |
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Member Since Aug 27, 2019 5 posts
Cordardred (Cordardred)
Jan 19 at 13:46
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.
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Member Since Oct 30, 2019 4 posts
Flong
Jan 19 at 14:29
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.
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