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Don't go against trend
Oct 30, 2020 at 12:18
Membre depuis Jul 19, 2020
posts 751
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
Membre depuis Jul 19, 2020
posts 298
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.
Membre depuis Jan 11, 2019
posts 147
Membre depuis Oct 30, 2020
posts 21
Nov 02, 2020 at 09:05
Membre depuis Oct 30, 2020
posts 21
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/
Membre depuis Jul 19, 2020
posts 318
Nov 04, 2020 at 07:26
Membre depuis Apr 15, 2020
posts 219
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.
Membre depuis Mar 16, 2020
posts 54
Membre depuis Jul 23, 2020
posts 759
Membre depuis May 07, 2021
posts 4
May 09, 2021 at 23:36
Membre depuis Apr 03, 2021
posts 470
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
Membre depuis Apr 15, 2020
posts 219
FXOday posted:Its been quite a long that I am trading still never felt comfortable to ditch the trend...
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
The more your practice, the more you learn.
Membre depuis Sep 19, 2018
posts 27
Membre depuis Mar 17, 2021
posts 536
Sep 18, 2021 at 21:06
Membre depuis Mar 17, 2021
posts 536
AliaDare posted:I think following trends is very useful for the new traders.
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.
Sep 20, 2021 at 01:21
Membre depuis Jul 19, 2020
posts 788
SteveHanks posted:Of course, not only new traders but also old traders benefit a lot by following the trend.AliaDare posted:I think following trends is very useful for the new traders.
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.
Membre depuis Jul 25, 2020
posts 10
Sep 25, 2021 at 16:00
Membre depuis Jul 25, 2020
posts 10
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.
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