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90% are loser ..why ?
Sep 01, 2017 at 09:50
Mitglied seit Aug 09, 2017
95 Posts
Almost 90% beginners are loser from this trading place due to only lack of most accurate money management plan, basically they only emphasis on acquiring good trading knowledge and always ignore other inevitable parts . as a result they become loser. So besides good trading knowledge we the beginners have to ensure how to manage money in Forex.
Mitglied seit Feb 22, 2011
4862 Posts
Sep 05, 2017 at 14:52
Mitglied seit Feb 22, 2011
4862 Posts
Admoni posted:It is the very human nature itself to get the results without putting in any effort. Simply said almost everybody wants to get rich, fast without the effort. So they start trading prior to learn how to do it. Once they loose their money there is no more need or energy to get the forex knowledge.
Almost 90% beginners are loser from this trading place due to only lack of most accurate money management plan, basically they only emphasis on acquiring good trading knowledge and always ignore other inevitable parts . as a result they become loser. So besides good trading knowledge we the beginners have to ensure how to manage money in Forex.
Sep 14, 2017 at 14:16
Mitglied seit Aug 11, 2017
886 Posts
The Forex is a market place where the people joining due to getting success very rapidly. But practically the success in Forex is a long term process. Generally the traders always try to make money quickly from here without learning. as a result they become loser when trading practically. So, if you want to be successful from here , you have to keep a great patience first of all.
Mitglied seit Jun 09, 2015
1 Posts
Sep 19, 2017 at 07:15
Mitglied seit Jun 09, 2015
1 Posts
😇 Quite right.
Be patient, stay calm; keep alive, make money.
Be patient, stay calm; keep alive, make money.
Mohammadi posted:
The Forex is a market place where the people joining due to getting success very rapidly. But practically the success in Forex is a long term process. Generally the traders always try to make money quickly from here without learning. as a result they become loser when trading practically. So, if you want to be successful from here , you have to keep a great patience first of all.
Stay calm and trade less; trade long and stay alive.
Sep 26, 2017 at 14:46
Mitglied seit Aug 11, 2017
886 Posts
If you want to make lifetime money from this trading profession, then go for manual trading! Start your trading with a demo account, it’s a free service so, you can boost up your trading skill by demo practicing! But, till now automatic trading services are open for you, this type of trading services are too much risky since, pro trades are very silent, so select your trading partner after verifying his/her trading skill!
Mitglied seit Feb 22, 2011
4862 Posts
Sep 27, 2017 at 06:21
Mitglied seit Feb 22, 2011
4862 Posts
Mohammadi posted:
If you want to make lifetime money from this trading profession, then go for manual trading! Start your trading with a demo account, it’s a free service so, you can boost up your trading skill by demo practicing! But, till now automatic trading services are open for you, this type of trading services are too much risky since, pro trades are very silent, so select your trading partner after verifying his/her trading skill!
Why do you think is manual trading better?
Mitglied seit Feb 22, 2011
4862 Posts
Sep 28, 2017 at 14:43
Mitglied seit Feb 22, 2011
4862 Posts
TiffanyK posted:@TiffanyK
I think that 'Mohammadi' place just comments without arguments and without following the topic afterwards. Seen a lot of topics where he does not reply when you ask him something...
I have the same feeling, like him copying answers somewhere from google without the real answer.
Mitglied seit Nov 24, 2015
64 Posts
Sep 29, 2017 at 09:35
Mitglied seit Aug 09, 2017
95 Posts
according to me, I am not willing to consider Forex trading is an easy source to earn money rapidly , because there is nobody who can predict the real faction of this market with certainly as a result almost 90% traders are loser from here due to having much volatile nature.
Oct 19, 2017 at 06:18
Mitglied seit Aug 11, 2017
886 Posts
In Fx trading for avoiding loss Many experts suggest not to trade with high leverage, but In order to me, if traders have confidence with their trading strategy and high amount of money in deposit account, surely they can choose high leverage ratio because it will give them no problem. But if have small balance deposit only while trading system is not too good , small leverage ratio could help traders minimize the ratio.
Mitglied seit Feb 22, 2011
4862 Posts
Oct 19, 2017 at 06:44
Mitglied seit Feb 22, 2011
4862 Posts
Mohammadi posted:
In Fx trading for avoiding loss Many experts suggest not to trade with high leverage, but In order to me, if traders have confidence with their trading strategy and high amount of money in deposit account, surely they can choose high leverage ratio because it will give them no problem. But if have small balance deposit only while trading system is not too good , small leverage ratio could help traders minimize the ratio.
It is quite opposite
you can trade with high balance with LOW leverage
you cannot trade small balance without leverage because simply you wont be able to open a trade. Try to open a the smallest trade of 0.01 lot on small account of $1000 and leverage 1:2 or 1:3.
Nov 02, 2017 at 07:28
Mitglied seit Oct 29, 2017
10 Posts
togr posted:Admoni posted:It is the very human nature itself to get the results without putting in any effort. Simply said almost everybody wants to get rich, fast without the effort. So they start trading prior to learn how to do it. Once they loose their money there is no more need or energy to get the forex knowledge.
Almost 90% beginners are loser from this trading place due to only lack of most accurate money management plan, basically they only emphasis on acquiring good trading knowledge and always ignore other inevitable parts . as a result they become loser. So besides good trading knowledge we the beginners have to ensure how to manage money in Forex.
What you described happened to me in the past. At that time I didn't bother to learn and trusted others opinion more than myself - unfortunately lost some money.
Mitglied seit Feb 22, 2011
4862 Posts
Nov 02, 2017 at 15:58
Mitglied seit Feb 22, 2011
4862 Posts
Mike76 posted:togr posted:Admoni posted:It is the very human nature itself to get the results without putting in any effort. Simply said almost everybody wants to get rich, fast without the effort. So they start trading prior to learn how to do it. Once they loose their money there is no more need or energy to get the forex knowledge.
Almost 90% beginners are loser from this trading place due to only lack of most accurate money management plan, basically they only emphasis on acquiring good trading knowledge and always ignore other inevitable parts . as a result they become loser. So besides good trading knowledge we the beginners have to ensure how to manage money in Forex.
What you described happened to me in the past. At that time I didn't bother to learn and trusted others opinion more than myself - unfortunately lost some money.
Dont worry, a lot of traders learnt by making mistakes.
So further stage of your development you will make less mistakes :)
Nov 03, 2017 at 13:54
Mitglied seit Oct 29, 2017
10 Posts
togr posted:Mike76 posted:togr posted:Admoni posted:It is the very human nature itself to get the results without putting in any effort. Simply said almost everybody wants to get rich, fast without the effort. So they start trading prior to learn how to do it. Once they loose their money there is no more need or energy to get the forex knowledge.
Almost 90% beginners are loser from this trading place due to only lack of most accurate money management plan, basically they only emphasis on acquiring good trading knowledge and always ignore other inevitable parts . as a result they become loser. So besides good trading knowledge we the beginners have to ensure how to manage money in Forex.
What you described happened to me in the past. At that time I didn't bother to learn and trusted others opinion more than myself - unfortunately lost some money.
Dont worry, a lot of traders learnt by making mistakes.
So further stage of your development you will make less mistakes :)
Great to hear that! It would be nice to learn more from others mistakes :)
forex_trader_455524
Mitglied seit Aug 29, 2017
6 Posts
Nov 09, 2017 at 08:17
Mitglied seit Aug 29, 2017
6 Posts
Admoni posted:
Almost 90% beginners are loser from this trading place due to only lack of most accurate money management plan, basically they only emphasis on acquiring good trading knowledge and always ignore other inevitable parts . as a result they become loser. So besides good trading knowledge we the beginners have to ensure how to manage money in Forex.
Сначала определите сколько нибудь надежнубю стратегию, научитесь ей следовать, только протом прибегайте к управлению рисками.
Если Вы сливаете никакой контроль надо капиталом Вас не спасет от разорения.
Nov 20, 2017 at 07:40
Mitglied seit Nov 19, 2017
31 Posts
Manual trading is currently much better then automatic trading in my opinion (I am not speaking about risk desk ea's as those are fantastic for helping manage your psychology and the amount of risk you use daily, weekly, monthly, as well as automatically adjusting stop loss based on redetermined settings) but in terms of fully automated trading systems, I hate them for a few reasons, first of all, when using a fully automated system, the majority of them don't teach the strategy behind the system, if you can't trade an automated system manually due to not understanding the mentality and rules of it, you won't know which market conditions to run it. You can have the best algo in the world, but if it is designed to make money during high volatility markets, and you run it during low volatility markets, you will lose money. It is my belief that unless you create your own algo, and understand its strengths as well as weaknesses I would stay away from fully automated systems (unless you learn to trade the strategies the system uses manually and understand when it is best to trade it) to put it in simple terms, whenever you design an algo, it is used for specific types of markets as you can never account for the news or take into account every single market condition. The reason manual trading is great is that as long as you have a comprehensive plan, you can take into account news releases, market sentiments, market volatility, and adjust your strategy based on current conditions. That is why so many automated robots lose people money, they work amazing in the marketplace setting they were designed for, but otherwise lose in the things that weren't taken into account, or don't favor their strategy, ask if I am unclear, I just had 4 wisdom teeth removed so my thoughts are a bit unclear, any questions and I would be glad to clarify.
Slow and Grow or Fast and Blow
Nov 23, 2017 at 07:34
Mitglied seit Nov 22, 2017
23 Posts
As for me, it all depends not only on the knowledge of the forex market, the choice of the strategy and the distribution of resources. But also from human psychology. If he/she is too gambling and cannot calmly take the situation, sooner or later he/she will lose everything.
Mitglied seit Feb 22, 2011
4862 Posts
Nov 23, 2017 at 15:32
Mitglied seit Feb 22, 2011
4862 Posts
Mike76 posted:So how are you doing nowadays?togr posted:Admoni posted:It is the very human nature itself to get the results without putting in any effort. Simply said almost everybody wants to get rich, fast without the effort. So they start trading prior to learn how to do it. Once they loose their money there is no more need or energy to get the forex knowledge.
Almost 90% beginners are loser from this trading place due to only lack of most accurate money management plan, basically they only emphasis on acquiring good trading knowledge and always ignore other inevitable parts . as a result they become loser. So besides good trading knowledge we the beginners have to ensure how to manage money in Forex.
What you described happened to me in the past. At that time I didn't bother to learn and trusted others opinion more than myself - unfortunately lost some money.
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