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Don't go against trend
Oct 30, 2020 at 12:18
it is a very wrong idea to go against the market. It means if the market is in trend, follow the trend. If the market is in consolidation mood, trade according to that. Going against the market will end up you to getting margin call. To know more about market you need to study more.
Nov 01, 2020 at 06:35
It's a very common sense that if we go against trend and hold the trade for long, our account will get wiped out. In trading we need to do the common things seriously. Knowledge and skills can lead us to the understanding of the market.
Mitglied seit Jan 11, 2019
140 Posts
Nov 02, 2020 at 08:18
I think forex is completely unpredictable 😁
Mitglied seit Oct 30, 2020
15 Posts
Nov 02, 2020 at 09:05
Forex Trading and its evolutions over the years
Forex exchange is a broad term. The world is going through a phase of globalisation. It is empowering people and giving hopes to the lesser equipped nations. The exchange of currency is the medium that drives the cordial reception among countries. Such process serves multiple purposes; from enabling businesses to extending help to needy people. It creates employment, stabilises economies and establishes bonds among people of different backgrounds and cultures. Before beginning the forex trading, it is better to know the past, which sets the platform for future transactions.
continue to read... https://fxreviews.best/blog/forex-trading-and-its-evolutions-over-the-years/
Forex exchange is a broad term. The world is going through a phase of globalisation. It is empowering people and giving hopes to the lesser equipped nations. The exchange of currency is the medium that drives the cordial reception among countries. Such process serves multiple purposes; from enabling businesses to extending help to needy people. It creates employment, stabilises economies and establishes bonds among people of different backgrounds and cultures. Before beginning the forex trading, it is better to know the past, which sets the platform for future transactions.
continue to read... https://fxreviews.best/blog/forex-trading-and-its-evolutions-over-the-years/
Mitglied seit Jul 19, 2020
283 Posts
Nov 02, 2020 at 11:11
Forex is a risky market. If you go against the trend you may face a great loss. So, don't go against trend.
Nov 04, 2020 at 07:26
going against the trend is only optimum if you are trading on news. Any sudden event might fetch you profits on a trade opposite to the ongoing trend. Apart from that, I advise traders to stick to the trend.
The more your practice, the more you learn.
Mitglied seit Mar 16, 2020
54 Posts
Nov 04, 2020 at 11:15
the forex market is very volatile, you never know how its going to play.
Mitglied seit Jul 23, 2020
696 Posts
May 09, 2021 at 14:11
Never trade against trends unless you know what you are doing.
Mitglied seit May 07, 2021
1 Posts
May 09, 2021 at 15:57
It depends on many factors but in general if you looking to hunt more pips then u need to swim with trend direction
Success in trading = Lower DD + Higher Profit
May 09, 2021 at 23:36
Yes many traders said the trend is our friend, but the market itself has dynamic characteristic, the trend could reverse and discontinue, here also required more understanding to analyze when the trend will end, so the trader can more carefully to brake their minds to minimize the risk, if use Alligator minds, sleep when full, out when hungry
May 10, 2021 at 07:17
FXOday posted:
Yes many traders said the trend is our friend, but the market itself has dynamic characteristic, the trend could reverse and discontinue, here also required more understanding to analyze when the trend will end, so the trader can more carefully to brake their minds to minimize the risk, if use Alligator minds, sleep when full, out when hungry
Its been quite a long that I am trading still never felt comfortable to ditch the trend...
The more your practice, the more you learn.
Mitglied seit Sep 19, 2018
28 Posts
May 10, 2021 at 09:54
NOT popular opinion here but anyway here we go, Market trends are only visible in hindsight.
I would not count on the "market trends", good luck to who will.
I would not count on the "market trends", good luck to who will.
SublimeMarkets on Facebook too
Mitglied seit Mar 17, 2021
494 Posts
Sep 18, 2021 at 21:06
AliaDare posted:
When trading trends, the possibility of loss is less. Because the forex market depends on supply and demand. So I think trading should be in favor of the trend.
I think following trends is very useful for the new traders.
Sep 20, 2021 at 01:21
SteveHanks posted:AliaDare posted:
When trading trends, the possibility of loss is less. Because the forex market depends on supply and demand. So I think trading should be in favor of the trend.
I think following trends is very useful for the new traders.
Of course, not only new traders but also old traders benefit a lot by following the trend.
Mitglied seit Jul 25, 2020
9 Posts
Sep 25, 2021 at 16:00
Well, that is just common sense. Surely, you shouldn't go against the market and I believe that most of the traders do understand that. I mean that even if you are expecting the trend to change, you still trade according to trade. The major thing is to determine the main trend and how long it is going to continue.
