Avoid predicting the markets, Rather be reactive.
Členom od Nov 18, 2020
1 príspevkov
Nov 18, 2020 at 11:11
tell me how i can start
please
please
Členom od Jul 20, 2020
341 príspevkov
Nov 18, 2020 at 17:58
Yes. If you are a new trader, please don't predica\t the market. Follow the market on how it goes.
Členom od Aug 21, 2020
12 príspevkov
Nov 23, 2020 at 15:29
Danny2018 posted:hi @Danny2018 pls elaborate further as to on what would you like me to help with?
tell me how i can start
please
Členom od Mar 17, 2021
536 príspevkov
May 24, 2021 at 18:36
Every trader should do their trading according to the market situation.
Členom od Jul 23, 2020
869 príspevkov
Jun 09, 2021 at 06:10
Use strategy to make a profit rather than making random trades.
Členom od Apr 15, 2020
219 príspevkov
Jun 11, 2021 at 06:00
Follow this, understand the current market situation, stay updated with major economic events, set your risk reward ration, check for the best entry price , set SL and TP, place the trade.
The more your practice, the more you learn.
Členom od Mar 26, 2021
29 príspevkov
Aug 04, 2021 at 11:01
It will be necessary to learn to understand in many directions in order to take into account all the points that can somehow affect the course of trading
Členom od Jul 23, 2020
759 príspevkov
Sep 05, 2021 at 13:40
Proper analysis can help you to predict the future market.
Členom od Jun 15, 2021
16 príspevkov
Sep 06, 2021 at 07:11
@SofieAndreasen i don't concur , no analysis helps you predict the market but they help you to make your strategies as per previous market movements.
Členom od Mar 28, 2021
617 príspevkov
Sep 06, 2021 at 07:15
Every trader should have strategy and plan and they should stick to it. It the market situation is not supporting your system, stay away from the market.
Členom od Aug 21, 2020
12 príspevkov
Sep 06, 2021 at 11:17
Akasuki posted:true that a strategy is needed, for example one can never bet on a horse they dont have any info on
Every trader should have strategy and plan and they should stick to it. It the market situation is not supporting your system, stay away from the market.
Členom od Aug 21, 2020
12 príspevkov
Sep 06, 2021 at 11:34
mattieharper posted:well said there @mattieharper
@SofieAndreasen i don't concur , no analysis helps you predict the market but they help you to make your strategies as per previous market movements.
Členom od Sep 22, 2018
70 príspevkov
Sep 06, 2021 at 19:49
polyeseter posted:
when i started trading i learnt a few strategies and pair patterns but was still loosing more than i can make, but this was only until i learned to rather react than predict, so i would recite to myself 'reacting is trading and predicting is gambling' keep in mind you must not be emotional about losses,
what also played a big role in my improvement was to understand that when it is said that about 70% looses their money, for me it was 'out of 10 trades you will loose 7 and win 3 ' so my 3 wins has to bring in more than all 7 loses😄 now this has made trading exciting even more
keep calm and a focused mind wishing y'all a successful trading journey
Good post totally agree
Členom od Mar 17, 2021
536 príspevkov
Nov 13, 2021 at 17:47
polyeseter posted:Proper strategy can make you rich.Akasuki posted:true that a strategy is needed, for example one can never bet on a horse they dont have any info on
Every trader should have strategy and plan and they should stick to it. It the market situation is not supporting your system, stay away from the market.
Členom od Dec 15, 2019
20 príspevkov
Jan 13, 2022 at 19:36
I quite agree with you, it sometimes is almost impossible to predict the market and the future price movement, however fir this thing we use technical or fundamental analysis. Everything here is concluded in the theory of possibility and all traders have to understand it. If you know technical analysis on hundred percent it doesn't mean that you will know the future direction of the price of particular assets.
As for the reacting, then of course you should followe the latest news and always be ready for fast changes, for example, if you see that the price goes high and it literally flies to the moon, then yiu should find a moment when open short position, if you will do it on top, then you will definitely close this position in plus.
As for the reacting, then of course you should followe the latest news and always be ready for fast changes, for example, if you see that the price goes high and it literally flies to the moon, then yiu should find a moment when open short position, if you will do it on top, then you will definitely close this position in plus.
KhoiDam
Členom od May 11, 2020
21 príspevkov
Jan 20, 2022 at 20:42
It's pretty right policy, however avoid predicting the markets sometimes might be harmful for you. You know, trading activity is based on predictions, so basically, you have to predict the future price movement on particular assets. If you will just remain rwactive, then of coursde it might bring you profits, for example, if you see that your asset goes to the moon you can definitely open a position in short, because such movements also are followed by correction to the previous levels. I believe that here everything must be combined, if you will predict the market and react quickly on various changes on the market, then nothing will be able to break you down.
Členom od Jan 18, 2022
20 príspevkov
Jan 27, 2022 at 07:37
It’s true that you have to predict the market to make good profits. But do you think you will be able to do that from the very beginning when you don’t even have any idea about what is happening. No, right! So, first, educate yourself, gain experience by going with the market, and then, practice predicting it.
Členom od Dec 29, 2019
11 príspevkov
Jan 27, 2022 at 08:19
Со временем придет опыт и новые трейдеры научатся торговать. Будет много потерь денег. Только торговать надо учится на реальные деньги, а не на демо. Таким образом происходит закалка психологического состояния трейдера. Без падений и ошибок опыт не придет. Это сравнимо с ребенком , который только учится ходить. Он встает и падает, встает и опять падает. И начинает думать, Почему Я упал. Пробует опять. И опять и опять. Итог очевиден.
Тише едешь дальше будешь.
Členom od Jan 24, 2022
20 príspevkov
Jan 27, 2022 at 09:45
frandunn posted:Exactly! This is the right way to succeed in the forex market. Those who follow win, those who do not fail. Simple!
It’s true that you have to predict the market to make good profits. But do you think you will be able to do that from the very beginning when you don’t even have any idea about what is happening. No, right! So, first, educate yourself, gain experience by going with the market, and then, practice predicting it.
Členom od Dec 29, 2019
11 príspevkov
Jan 28, 2022 at 11:07
К этому и стремлюсь. Стратегия хорошая есть.
Тише едешь дальше будешь.
