FxDThompson
(FxDThompson)
Member Since Nov 04, 2019
11 posts
Jan 14 2020 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"
The market is going to do whatever the market wants to do.
If you want to be profitable, make profitable trades.
TeamNotreDame
Member Since Jun 28, 2019
11 posts
Jan 15 2020 at 14:50
yeah but how can we predict what it will do based on previous action
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)
Member Since Nov 04, 2019
11 posts
Jan 15 2020 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"
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)
Member Since Nov 04, 2019
11 posts
Jan 16 2020 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"
traderroni
Member Since Oct 05, 2019
29 posts
Jan 18 2020 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.
Cordardred
(Cordardred)
Member Since Aug 27, 2019
16 posts
Jan 19 2020 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.