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More is not always better.

Aug 09, 2019 at 17:45
Vistas 1,130
27 Replies
Miembro desde Jun 29, 2019   posts 65
Aug 09, 2019 at 17:45
The motivation behind why, is that most traders assume that 'more is better', when as a general rule 'more' is in reality more awful, as it identifies with Forex trading. There truly is no compelling reason to sit before your PC for a considerable length of time investigating Forex news reports or various pointers. My trading theory is that all factors that influence a market's price development are reflected by means of the price activity on a price chart.
Miembro desde Jul 14, 2019   posts 31
Aug 10, 2019 at 16:43
I would love to be able to make money without too much time on screen if possible!
Miembro desde Aug 12, 2019   posts 7
Aug 12, 2019 at 11:15
Me too. Trading on the longer time frames is the key, more reliable set ups, less time at the charts.
Miembro desde Jul 14, 2019   posts 31
Aug 20, 2019 at 05:17
Brighthouse posted:
Me too. Trading on the longer time frames is the key, more reliable set ups, less time at the charts.

What would you consider to be a longer timeframe?
Miembro desde Aug 27, 2017   posts 994
Aug 20, 2019 at 15:09
Expecting more (without any logic behind it) is a bad practice! We shouldn’t open any trade based on our own choice; we should follow the opportunities that market offers us!
Miembro desde Jul 14, 2019   posts 31
Aug 21, 2019 at 06:02
Adribaasmet posted:
Expecting more (without any logic behind it) is a bad practice! We shouldn’t open any trade based on our own choice; we should follow the opportunities that market offers us!
I like your thinking
Miembro desde Aug 03, 2019   posts 38
Aug 23, 2019 at 06:47
Yes ofcorse . More or less is not important to me . Its more about the right thing. I think wasting too much time on a PC only makes you procrastinate your trade. So the moment i find a good trading opportunity , i immediately place an order for the same. So it not about more time , its just about the right time.
Miembro desde Aug 14, 2019   posts 9
Aug 23, 2019 at 13:21
I like to check on markets during the day but do not sit in front of PC. I will come back at the close of candles to see what is going on but I will just over trade if I am watching charts all day
Miembro desde Apr 18, 2017   posts 920
Aug 23, 2019 at 13:54
Abhijeet posted:
I like to check on markets during the day but do not sit in front of PC. I will come back at the close of candles to see what is going on but I will just over trade if I am watching charts all day

On which pair you are talking about? EURUSD? Currently I am bearish on this major trading pair!
Miembro desde Jul 26, 2019   posts 31
Aug 24, 2019 at 11:07
But at the start of the career or any trader I think little capital and short trades are simply unavoidable at all for many many reasons here completely. So I really do hope for all what is really happening there. I do not see why it should make it any longer.
Miembro desde Dec 09, 2016   posts 49
Aug 24, 2019 at 14:41
Madalyn posted:
I would love to be able to make money without too much time on screen if possible!

Start applying fundamental analysis and you will get that goal.
Miembro desde Oct 24, 2019   posts 45
Dec 10, 2019 at 13:53
In trading business traders are always trying to get maximum profits its natural even greed is also natural emotion but a trader must be very realistic and this thing you can learn by experience and practice controlling the greed is essential
Revenue is vanity, profit is sanity, but cash is king
Miembro desde Apr 18, 2017   posts 718
Dec 30, 2019 at 16:56
Baazex posted:
In trading business traders are always trying to get maximum profits its natural even greed is also natural emotion but a trader must be very realistic and this thing you can learn by experience and practice controlling the greed is essential

We should set our TP levels based on the market’s paces! We can’t force the market to generate more profits!
Miembro desde Jul 24, 2019   posts 23
Dec 31, 2019 at 10:14
It is not enough just to look at price activity in the market. Your trading strategy will not bring profit for a long time. Any important news can affect the market. And if you do not take this into account when opening an order then sooner or later you will suffer losses. Of course this is your strategy and you decide how to trade.
It is my friendly advice.
Miembro desde Apr 18, 2017   posts 718
Jan 02, 2020 at 13:30
Jumo posted:
It is not enough just to look at price activity in the market. Your trading strategy will not bring profit for a long time. Any important news can affect the market. And if you do not take this into account when opening an order then sooner or later you will suffer losses. Of course this is your strategy and you decide how to trade.
It is my friendly advice.

When I open a trade then I must use SL & TP; and this is why I can switch off another trading pair.
Miembro desde Oct 22, 2019   posts 41
Jan 03, 2020 at 07:56
Madalyn posted:
I would love to be able to make money without too much time on screen if possible!
Same here. In fact who doesn’t want that.
forex_trader_688163
Miembro desde Feb 28, 2019   posts 140
Jan 03, 2020 at 09:25
Sven98 posted:
Same here. In fact who doesn’t want that.

Yes. That's why many trying to use EA as this not disturb your working life. However, it is very difficult to get a profitable EA.
Another plan is just manual trading with swing strategy style. But always, there is pro and cons.
Most important is, Just accept the losses and let the profits run.
Miembro desde Feb 22, 2011   posts 4862
Jan 03, 2020 at 09:35
45656 posted:
The motivation behind why, is that most traders assume that 'more is better', when as a general rule 'more' is in reality more awful, as it identifies with Forex trading. There truly is no compelling reason to sit before your PC for a considerable length of time investigating Forex news reports or various pointers. My trading theory is that all factors that influence a market's price development are reflected by means of the price activity on a price chart.

Nope.
price activity shows what is happening now.
If you monitor the news you know there will be big movement in advance, like NFP.
It equally important to do technical AND fundamental analyses.
Miembro desde Apr 18, 2017   posts 718
Jan 03, 2020 at 13:07
Sven98 posted:
Madalyn posted:
I would love to be able to make money without too much time on screen if possible!
Same here. In fact who doesn’t want that.

But the reality is; there is no way of quick money making in Forex! It’s a long term procedure!
Miembro desde Jan 05, 2016   posts 1189
Jan 03, 2020 at 22:45
Gabor33 posted:
Madalyn posted:
I would love to be able to make money without too much time on screen if possible!

Start applying fundamental analysis and you will get that goal.

NO. No it won't. There is A LOT more to successful investing than just using Fundamental Analysis.

Risk Management, High Probability Patterns, Fundamentals, Technical Analysis, and more.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
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