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A good strategy can
Miembro desde Jul 20, 2020
posts 298
Nov 08, 2020 at 23:26
Miembro desde Jul 20, 2020
posts 298
UweMoench posted:It is not possible to make a profit without a good strategy. However, trading discipline must be maintained. It is possible to earn profit by trading according to plan and discipline.
A good strategy can give us good profit. But it is not just strategies. Risk management and emotion control are equally important. By combining all these you need make a good trading plan. It will give you a strong hold on profit.
Miembro desde Jul 23, 2020
posts 869
May 09, 2021 at 12:55
Miembro desde Mar 28, 2021
posts 617
Most traders feel that trading is all about strategy. They search for it everywhere. They believe there's one strategy that will make them wealthy. They never try to recognize that the success of a plan mainly depends on the individual it's using. Strategy is only a single element of successful trading.
Miembro desde Feb 23, 2021
posts 4
May 28, 2021 at 05:31
Miembro desde Feb 23, 2021
posts 4
The right balance between risk management, money management and using profitable strategies is the key to developing a profitable system that generates very good returns. If people can understand and work accordingly, nothing can stop them from being successful.
Miembro desde May 27, 2021
posts 64
May 28, 2021 at 07:38
Miembro desde May 27, 2021
posts 64
bernardmack posted:I agree with you buddy!
The right balance between risk management, money management and using profitable strategies is the key to developing a profitable system that generates very good returns. If people can understand and work accordingly, nothing can stop them from being successful.
Along with these, controlling emotions while trading is also very important to take informed decisions.
Miembro desde Jul 23, 2020
posts 759
Miembro desde May 27, 2021
posts 57
May 29, 2021 at 10:54
Miembro desde May 27, 2021
posts 57
AliaDare posted:Exactly, emotional decisions always ruin the trading, it is very important for every trader to avoid it to get the best results.
Yes, that's right. A good strategy helps to bring profit but in this case, money management and risk management need to be controlled. Emotional trading should not be done.
Jun 19, 2021 at 16:52
Miembro desde Jul 19, 2020
posts 788
CocoChannel posted:Yes, emotional trading can ruin an investment. If a trader trades by managing the right strategy and emotions, he will be able to make a profit.AliaDare posted:Exactly, emotional decisions always ruin the trading, it is very important for every trader to avoid it to get the best results.
Yes, that's right. A good strategy helps to bring profit but in this case, money management and risk management need to be controlled. Emotional trading should not be done.
forex_trader_2237169
Miembro desde Mar 14, 2021
posts 36
Jun 20, 2021 at 03:37
Miembro desde Mar 14, 2021
posts 36
Kill emotional trading then you have a good strategy built, i don't trade with emotions and the daily results is always profits as I'm day trading and always make sure to secure and close my profits daily, except i want to trade through asian open then i let trades run over to the next trading day.
But i most close trades each weekends so i always plan my trades and trade my plans.
But i most close trades each weekends so i always plan my trades and trade my plans.
Jun 20, 2021 at 11:24
Miembro desde Mar 28, 2021
posts 617
I think we should not follow a strategy blindly. A strategy working for one may not working for others due to different trading personality. Everyone has different psychology. In my opinion best option is customize a strategy according to your trading personality.
Miembro desde Jun 16, 2021
posts 9
Jun 21, 2021 at 16:53
Miembro desde Jul 19, 2020
posts 788
Dictiony posted:A good strategy is needed to make a consistent profit in trading. If the strategy is not right, the chances of loss are high.
A good strategy always helps a trader to make his trades in the right way and can become successful in trading.
Jun 22, 2021 at 00:47
Miembro desde Apr 03, 2021
posts 470
AliaDare posted:
A good strategy always helps a trader to make his trades in the right way and can become successful in trading.
A good trading strategy can make a profit on the end, there are strategy with small pips target but bigger stop loss, and there is a strategy with small stop loss and bigger target, both has own advantage and disadvantage, small target if always hit will making good profit but once loss can be lost all profit, tight stop loss maybe often hit stop loss but once profit can recover the loss.
Miembro desde Jun 15, 2021
posts 13
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