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More is not always better.

Gabor33
Aug 24 2019 at 14:41
49 messages
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.

Baazex (Baazex)
Dec 10 2019 at 13:53
45 messages
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
AmDiab
Dec 30 2019 at 16:56
718 messages
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!

Jumo (Jumo)
Dec 31 2019 at 10:14
23 messages
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.

AmDiab
Jan 02 2020 at 13:30
718 messages
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.

Sven98
Jan 03 2020 at 07:56
39 messages
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.

Nasrul_Swing (Nasrul_Swing)
Jan 03 2020 at 09:25
137 messages
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.

togr (togr)
Jan 03 2020 at 09:35
4862 messages
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.

AmDiab
Jan 03 2020 at 13:07
718 messages
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!

Professional4X
Jan 03 2020 at 22:45
1189 messages
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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