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Don't go against trend
Oct 30, 2020 at 12:18
Anggota Sejak Jul 19, 2020
751 pos
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.
Anggota Sejak Jan 11, 2019
147 pos
Anggota Sejak Oct 30, 2020
21 pos
Nov 02, 2020 at 09:05
Anggota Sejak Oct 30, 2020
21 pos
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/
Anggota Sejak Jul 19, 2020
318 pos
Nov 04, 2020 at 07:26
Anggota Sejak Apr 15, 2020
219 pos
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.
Anggota Sejak Mar 16, 2020
54 pos
Anggota Sejak Jul 23, 2020
759 pos
Anggota Sejak May 07, 2021
4 pos
May 09, 2021 at 23:36
Anggota Sejak Apr 03, 2021
470 pos
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
Anggota Sejak Apr 15, 2020
219 pos
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.
Anggota Sejak Sep 19, 2018
27 pos
Anggota Sejak Mar 17, 2021
536 pos
Sep 20, 2021 at 01:21
Anggota Sejak Jul 19, 2020
788 pos
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.
Anggota Sejak Jul 25, 2020
10 pos
Sep 25, 2021 at 16:00
Anggota Sejak Jul 25, 2020
10 pos
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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