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Don't go against trend

UweMoench
Oct 30 2020 at 12:18
751 postów
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.
Michihito
Nov 01 2020 at 06:35
298 postów
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.
Gracewilson1995
Nov 02 2020 at 08:18
147 postów
I think forex is completely unpredictable 😁
rohitchawla455
Nov 02 2020 at 09:05
21 postów
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/
GeorgeBischof
Nov 02 2020 at 11:11
318 postów
Forex is a risky market. If you go against the trend you may face a great loss. So, don't go against trend.
reggae
Nov 02 2020 at 12:17
74 postów
Gracewilson1995 posted:
I think forex is completely unpredictable 😁

There is a reason for that, else we would be rich by now.
Boris (TraPole)
Nov 02 2020 at 13:15
11 postów
UweMoench posted:
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.

Maybe that's why some great investors just tell us: buy index and no more =))
AliaDare
Nov 03 2020 at 01:16
788 postów
Never go against the market. Market trends should follow. If you trade against the trend, you are more likely to lose. Do not trade on counter-trends. Should be with the trend.
Elena Triston (ele020)
Nov 04 2020 at 07:26
219 postów
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.
Amber_0302
Nov 04 2020 at 11:15
54 postów
the forex market is very volatile, you never know how its going to play.
Chikondi
Nov 04 2020 at 11:45
10 postów
I am an anti trend trader. it works well for me but I understand that most people prefer going with the trend
joastdaffy
Dec 04 2020 at 07:02
24 postów
It is trading. What works for you might not work for everyone else. So, you must keep going with what is working for you.
SofieAndreasen
May 09 2021 at 14:11
759 postów
Never trade against trends unless you know what you are doing.
OldSchoolArchi
May 09 2021 at 15:57
4 postów
It depends on many factors but in general if you looking to hunt more pips then u need to swim with trend direction
Success in trading = Lower DD + Higher Profit
AliaDare
May 09 2021 at 16:46
788 postów
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.
Suradi (FXOday)
May 09 2021 at 23:36
470 postów
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
Elena Triston (ele020)
May 10 2021 at 07:17
219 postów
FXOday posted:
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
Its been quite a long that I am trading still never felt comfortable to ditch the trend...
The more your practice, the more you learn.
Sublime Markets (sublimemarkets)
May 10 2021 at 09:54
27 postów
NOT popular opinion here but anyway here we go, Market trends are only visible in hindsight.
I would not count on the 'market trends', good luck to who will.
SublimeMarkets on Facebook too
SteveHanks
Sep 18 2021 at 21:06
536 postów
AliaDare posted:
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.
I think following trends is very useful for the new traders.
AliaDare
Sep 20 2021 at 01:21
788 postów
SteveHanks posted:
AliaDare posted:
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.
I think following trends is very useful for the new traders.
Of course, not only new traders but also old traders benefit a lot by following the trend.
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