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Don't go against trend

UweMoench
Oct 30 2020 at 12:18
639 príspevkov
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 príspevkov
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 príspevkov
I think forex is completely unpredictable 😁

rohitchawla455
Nov 02 2020 at 09:05
21 príspevkov
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 príspevkov
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
61 príspevkov
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
9 príspevkov
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
678 príspevkov
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 príspevkov
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 príspevkov
the forex market is very volatile, you never know how its going to play.

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