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Loss
Členom od Jun 14, 2013
127 príspevkov
Jun 27, 2018 at 06:42
BaldoN posted:
Stop loss is important - the re is no doubt, but what is also very important here to place the stop on correct place. :)
Now this is a lesson ALL new traders should pay attention to! Well said!
Keep it simple, be disciplined, get rich slowly and above all protect your equity!
Členom od Aug 27, 2017
875 príspevkov
Jul 01, 2018 at 06:37
JacoAF posted:BaldoN posted:
Stop loss is important - the re is no doubt, but what is also very important here to place the stop on correct place. :)
Now this is a lesson ALL new traders should pay attention to! Well said!
Trading without SL means, you are taking 100% risk in every trade, really unprofessional. I always set my SL based on support and resistant levels on my trading chart.
keeping patience.......
Členom od Aug 06, 2018
13 príspevkov
Aug 08, 2018 at 07:30
Adribaasmet posted:
Trading without SL means, you are taking 100% risk in every trade, really unprofessional. I always set my SL based on support and resistant levels on my trading chart.
I agree 100%. However, if someone faced a great loss without SL, they will learn the mistake to avoid the same mistake again.
Členom od Jul 21, 2018
11 príspevkov
Aug 08, 2018 at 13:37
BaldoN posted:
Stop loss is important - the re is no doubt, but what is also very important here to place the stop on correct place. :)
Well said, where to place the stop loss is the most important thing to learn.
Členom od Aug 09, 2017
598 príspevkov
Oct 07, 2018 at 12:13
Managing the loss and risk is a great skill in successful trading, we can’t avoid the demo trading which sometimes teach us how to manage risk. When you trade with high leverage in demo then you ll understand how much risk you have to take in live for avoiding loss. So please remove this immature thinking that demo doesn’t work.
Členom od Oct 09, 2018
7 príspevkov
Oct 09, 2018 at 10:16
Demo is best place to learn and test new things. It is much cheaper than doing this on a real account!!!
Členom od Feb 22, 2011
4573 príspevkov
Oct 09, 2018 at 10:19
Dambovita posted:
Demo is best place to learn and test new things. It is much cheaper than doing this on a real account!!!
That is true.
On the other hand you can't prepare for real trading by trading demo only as the emotions trading real are quite different.
Členom od Aug 09, 2017
598 príspevkov
Oct 11, 2018 at 06:43
Honestly speaking, I have never found at any guys who takes forex as a simply hobby and also profitable from here. Because if anyone takes this market place as a part of hobbies , he or she will not be gainer . because men are not willing to grant more hardworking and dedication in their hobbies which is more appropriate to get maximal result in Fx.
Členom od Oct 03, 2018
4 príspevkov
Oct 12, 2018 at 05:59
Imamul posted:
Honestly speaking, I have never found at any guys who takes forex as a simply hobby and also profitable from here. Because if anyone takes this market place as a part of hobbies , he or she will not be gainer . because men are not willing to grant more hardworking and dedication in their hobbies which is more appropriate to get maximal result in Fx.
That's the fact! if someone is doing trading as a hobby then he would never like to come of his comfort zone.
Členom od Feb 22, 2011
4573 príspevkov
Oct 12, 2018 at 09:51
WiktorM posted:Imamul posted:
Honestly speaking, I have never found at any guys who takes forex as a simply hobby and also profitable from here. Because if anyone takes this market place as a part of hobbies , he or she will not be gainer . because men are not willing to grant more hardworking and dedication in their hobbies which is more appropriate to get maximal result in Fx.
That's the fact! if someone is doing trading as a hobby then he would never like to come of his comfort zone.
Well I have started forex as hobby,
trading nice portfolio of demos.
Once friend of mine told why don't I trade it live having such good results, told me if I am scared...
That is how I started.
Členom od Aug 21, 2018
11 príspevkov
Oct 12, 2018 at 10:05
But the reality is that very few people can dedicate there whole lives to trading. Most people have a day job that they must do before they can do trading full time. Therefore is must start as hobby at first. But be dedicated to the hobby is best for success
Členom od Feb 22, 2011
4573 príspevkov
Oct 12, 2018 at 10:23
EddyEdgardo posted:
But the reality is that very few people can dedicate there whole lives to trading. Most people have a day job that they must do before they can do trading full time. Therefore is must start as hobby at first. But be dedicated to the hobby is best for success
Well yes just 5% of traders are successful
You can't simply put all your effort into something which not makes for living
Členom od Aug 11, 2017
870 príspevkov
Oct 15, 2018 at 11:51
Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.
Členom od Oct 09, 2018
41 príspevkov
Oct 16, 2018 at 14:05
Mohammadi posted:i totally agree.
Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.
Členom od Aug 27, 2017
875 príspevkov
Oct 21, 2018 at 07:05
Mohammadi posted:
Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.
Basically, high trading leverage or big bonus is not any solution here! On one can make regular money here without proper trading knowledge & experience! So, depending on leverage is the worst thing.
keeping patience.......
Členom od Apr 18, 2017
700 príspevkov
Nov 25, 2018 at 08:09
Adribaasmet posted:Mohammadi posted:
Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.
Basically, high trading leverage or big bonus is not any solution here! On one can make regular money here without proper trading knowledge & experience! So, depending on leverage is the worst thing.
I think so; without proper knowledge it’s really tough to make regular money! Knowledge is the key point here.
Členom od Apr 18, 2017
659 príspevkov
Nov 27, 2018 at 08:16
Of course, knowledge is important but it’s very much important to have a particular trading system & plan! Having a trading plan will make you well-disciplined.
Členom od Nov 09, 2018
204 príspevkov
Nov 28, 2018 at 13:56
What I like the forex- there are uncertain situation with finding the best way to earn and various of opinions and each of it confirmed with experience.
The success on forex is unstable, sometimes profit and sometimes loses. The only way to earn cannot be found, each trader has his own recipe of trading.
The success on forex is unstable, sometimes profit and sometimes loses. The only way to earn cannot be found, each trader has his own recipe of trading.
#AnthonyWins
Členom od Nov 29, 2018
8 príspevkov
Nov 29, 2018 at 13:54
And that is what you like about Forex? That are all the things that I hate about Forex!!! Each to their own I suppose
Členom od Aug 09, 2017
598 príspevkov
Dec 16, 2018 at 09:56
Yes I am also. According to me, there is nobody who can avoid loss completely, because everything is uncertain in this volatile trading place and no one can predict the real faction of this market with certainly.
