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.
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.
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.
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"
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.
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.
My best lesson is - Don`t risk what you can`t afford to lose.
Jan 20 2020 at 05:29
Two important lessons for me
1. Money and risk management
2. Always use Stop Loss
1. Money and risk management
2. Always use Stop Loss
Cordardred posted:That’s right, patience is the foremost important trait to be a successful trader. Nevertheless, I think being rational is also a major requirement, people always tend to be greedy while trading and end up making just losses.
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.
fancydandy posted:
Two important lessons for me
1. Money and risk management
2. Always use Stop Loss
Ditto. Those are most important things to remembers
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.
Jan 21 2020 at 13:27
I love these responses! All accurately relevant and absolutely necessary to follow. It is also quite clear that as traders we all understand the importance of following a particular set of rules. These rules will either make you or certainly leave you 'broken'
"Let tomorrow envy that you did it today"
Jan 22 2020 at 10:11
FxDThompson posted:r
I love these responses! All accurately relevant and absolutely necessary to follow. It is also quite clear that as traders we all understand the importance of following a particular set of rules. These rules will either make you or certainly leave you 'broken'
Absolutely! I love reading everyone's post knowing and getting better in the term of trading and etiquette.
Nothing is guaranteed in our life so anything like that as well anyway. For whatever reason being done there totally and completely. In such way you should treat your forex as well, and no some other thing. Only like that and you will get some results soon.
traders improved their skill by learning, lots of sources in online for learning with signal services, so losing percentage decreasing really. t important trading tip , i think try to manage your money when trading in practical , only money management can change your trading life , otherwise no way to survive in here with successfully.
Malokelv posted:That’s right, everything is unpredictable.
Nothing is guaranteed in our life so anything like that as well anyway. For whatever reason being done there totally and completely. In such way you should treat your forex as well, and no some other thing. Only like that and you will get some results soon.
Aug 19 2020 at 17:14
Forex trading is especially fast-paced and risky, so it is especially important to have a solid basic knowledge before trading with the money you earn. Understanding risk and FX risk management strategies, including Stop Loss, are also essential to long-term FX success.
