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.
GeorgeBischof
Miembro desde Jul 19, 2020
posts 318
Feb 07 2021 at 19:45
I do not think market manipulation is easy especially for individual trader. I also never grasp the concept fully.
beginners not willing to serious in demo , no emotions and real money in here for that , so they can participate in demo trading contest. its minimum better than as usual trading
Exactly, going as per the market moves is quite important. But not all are able to judge those swings easily, good knowledge is a prerequisite here.
forexminded
Miembro desde Feb 04, 2021
posts 35
Feb 08 2021 at 12:24
Exactly. Going against the market is a risky job, especially for day traders or swing traders.
epeepillock
Miembro desde Dec 24, 2020
posts 15
Feb 19 2021 at 11:53
I agree that there are some traders who go against the trend and still make profits. But such a step doesn’t turn out to be beneficial for every trader. You must make your decisions wisely.
LyudmilLukanov
Miembro desde Jul 23, 2020
posts 869
Feb 19 2021 at 18:02
epeepillock posted:True. Trade with proper plan and analysis to ensure success.
I agree that there are some traders who go against the trend and still make profits. But such a step doesn’t turn out to be beneficial for every trader. You must make your decisions wisely.
LeviSievwright5
Miembro desde Jul 20, 2020
posts 298
Feb 20 2021 at 01:22
You cannot swim against such flows. Similarly, you can never trade against the Forex trend. You must follow the trend to make a consistent profit.
It is in favour of a trader that he trades along the trend. One should strategise well before he makes any move in the market though.
yana hansen
(78678676)
Miembro desde Oct 16, 2020
posts 137
Feb 20 2021 at 07:51
True that.
amoscopeland
Miembro desde Dec 15, 2020
posts 12
Feb 23 2021 at 07:42
I agree that there are some traders who go against the trend and still make profits. But such a step doesn’t turn out to be beneficial for every trader. You must make your decisions wisely.
I never liked the idea of going against the markets, just trade with your intention of making pofits. going against it is a bad idea in the end
Viktor3638267
Miembro desde Mar 10, 2020
posts 6
Feb 23 2021 at 10:02
Going against the market is a big risk. But he who does not take risks does not drink champagne. Is not it. But the point is that high-risk traders are more likely to lose their accounts.
Following the trend in the market is the best way to go about trading forex.
traderforexsavvy
Miembro desde Mar 16, 2021
posts 2
Mar 16 2021 at 11:11
I also prefer following the market trend. I enter the market in the direction of the trend and hold the position until the trend reverses.
KnowFinance
Miembro desde Jan 16, 2021
posts 85
Mar 16 2021 at 11:44
The Forex market keeps changing, if one will follow the market then market will also be in their favour. Going against the market is never profitable.
PeteLanceley
Miembro desde Nov 06, 2018
posts 83
Mar 16 2021 at 14:27
Trend is your friend mate, along with order flow! Trade with it and you will be good.
SofieAndreasen
Miembro desde Jul 23, 2020
posts 759
Mar 16 2021 at 17:53
Always follow the trend. Never trade against trends unless you know what you are doing.
mattslater
Miembro desde Dec 30, 2020
posts 11
Mar 24 2021 at 05:22
That’s right. It is better to keep trading with the market and focus on improving your trades.