Almost all methods give profit if
Nov 04, 2020 at 11:10
640 Angesehen
12 Replies
Mitglied seit Jun 05, 2020
33 Posts
Nov 04, 2020 at 11:14
Agreed! There has to be a balance in whatever we do here. You are right, it is not about which method we follow, but how we follow it. Traders have to be careful about that part.
Nov 04, 2020 at 11:44
I do not agree. In fact I think the complete opposite. Almost all methods do not give profit even if followed exactly. If that were the case it would be easy to write an EA and then made $$$ . Forex is hard and requires insight not just blindly following some method
Mitglied seit Jul 20, 2020
232 Posts
Nov 14, 2020 at 12:34
Making profit from this market is not so easy. you need a proper plan to make money from this risky market.
Nov 19, 2020 at 08:17
Each method has its advantages and disadvantages. Following one method blindly will not be profitable always. We should analyze and change method with the change of market so that we will not land into losses.
The more your practice, the more you learn.
Mitglied seit Mar 16, 2020
54 Posts
Nov 20, 2020 at 04:49
Michihito posted:yeah you're right because the emotion can cause bit hassle which can affect your trading decisions.
Almost all methods give profit if you follow the method properly. Most traders take impulsive decision while opening a trade even when they method doesn't allow them to open the trade. So controlling emotions is very important.
Mitglied seit Jul 23, 2020
759 Posts
Nov 27, 2020 at 07:37
Robert647373 posted:Nice tips. I always test every new strategy in demo account. I never apply to real trading before getting my expected result in demo.
First, you need to decide on the system that works best for you. Then check its robustness on your demo account. And if there are positive results, then you can, adhering to this strategy, enter the market.
Mitglied seit Jul 20, 2020
341 Posts
Nov 27, 2020 at 09:40
Yes. All methods can give you profit if you have proper knowledge and skills to trade in the market.
Mitglied seit Jul 23, 2020
869 Posts
Nov 28, 2020 at 12:59
EbonyJones posted:That’s true. Trading plan should include risk and money management. Trader often miss those.
Making profit from this market is not so easy. you need a proper plan to make money from this risky market.
Nov 28, 2020 at 13:43
Michihito posted:
Almost all methods give profit if you follow the method properly. Most traders take impulsive decision while opening a trade even when they method doesn't allow them to open the trade. So controlling emotions is very important.
Totally agree with this... a same formula of method but not every single follower to learn and follow will come out different result is because different people have different emotion and habit of trading which will come out different result.
Mitglied seit Aug 17, 2020
123 Posts
Nov 30, 2020 at 08:40
I think both of these things are important. Religiously sticking to a method that hasn't been developed properly doesn't sound much better to me than failing to stick to a solid strategy.
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