Im lose...

May 06, 2014 at 08:20
4,168 การดู
88 Replies
เป็นสมาชิกตั้งแต่ Feb 22, 2011   4862 โพสต์
Jan 12, 2015 at 13:11
icmarketsfx posted:
Most people loose money just because they came to forex with get rich quick mentality and start trading with very high leverage.
They key to get success in forex is low leverage and patience.

@icmarketsfx
That'not the best way. Actually low leverage will force newbies to invest a lot of money to trade.
Its better to have high leverage and stop losses
Or to play with cent accounts
เป็นสมาชิกตั้งแต่ Nov 19, 2014   169 โพสต์
Jan 12, 2015 at 14:22 (แก้ไขแล้ว Jan 12, 2015 at 14:38)
How about Day Trading? that´s also highly promoted along with that get rich quick mentality..is that part of the problem as well?

If more people started Swing Trading, would thingsl turn around?


















https://www.myfxbook.com/members/DRFXTRADING/duane/1079693



Transitioning from Day to Swing Trading is the hardest step,

After that, smooth sailing.



ไฟล์แนบ :

Trade Less, Earn More
เป็นสมาชิกตั้งแต่ Mar 26, 2014   21 โพสต์
Jan 12, 2015 at 14:59
togr posted:
icmarketsfx posted:
Most people loose money just because they came to forex with get rich quick mentality and start trading with very high leverage.
They key to get success in forex is low leverage and patience.

@icmarketsfx
That'not the best way. Actually low leverage will force newbies to invest a lot of money to trade.
Its better to have high leverage and stop losses
Or to play with cent accounts

I was referring Low Leverage means to open smaller lot sizes. Take maximum 1% risk of your entire capital for one trade.
Get 20% discount on IC Markets
เป็นสมาชิกตั้งแต่ Mar 26, 2014   21 โพสต์
Jan 12, 2015 at 14:59
Trading style does not matter if you know what your are doing.
Get 20% discount on IC Markets
เป็นสมาชิกตั้งแต่ Feb 20, 2013   1 โพสต์
Jan 12, 2015 at 15:00
DRFXTRADING : do you have any info on how you take trades, your setup , sl's, tp's. etc..
I see you trade off of the H4 chart and from the looks of it, you wait for a break from consolidation.....is that all there is to your trading?
เป็นสมาชิกตั้งแต่ Feb 22, 2011   4862 โพสต์
Jan 12, 2015 at 15:02
icmarketsfx posted:
togr posted:
icmarketsfx posted:
Most people loose money just because they came to forex with get rich quick mentality and start trading with very high leverage.
They key to get success in forex is low leverage and patience.

@icmarketsfx
That'not the best way. Actually low leverage will force newbies to invest a lot of money to trade.
Its better to have high leverage and stop losses
Or to play with cent accounts

I was referring Low Leverage means to open smaller lot sizes. Take maximum 1% risk of your entire capital for one trade.

@icmarketsfx
Leverage is leverage.
Small lot sizes is about risk mgmt:)
เป็นสมาชิกตั้งแต่ Nov 19, 2014   169 โพสต์
Jan 12, 2015 at 15:37
zemog..

Yes all of the info. on Stops, Tps etc. are set out in detail in my Trading Strategy Manuals..mainly for myself, but also for anyone interested..

I use both the Daily and 4 Hour Charts for my trading. Most of the trading involves waiting on the Daily Chart to give the breakout Signal and then enter on the 4 Hour Chart.



Trade Less, Earn More
เป็นสมาชิกตั้งแต่ Nov 19, 2014   169 โพสต์
Jan 13, 2015 at 01:40
zemog, this is part of what guides my Stop Loss and Take Profit decisions.





This is taken from one of my Manuals that I use/provide to persons who are interested and now use my Methodology.

Of course some trades can be less than the 100 Pip Minimum, but the Stop Loss levels are strictly enforced.

Working well so far, can´t complain

ไฟล์แนบ :

Trade Less, Earn More
เป็นสมาชิกตั้งแต่ Jul 06, 2015   8 โพสต์
Jul 07, 2015 at 05:43
never try to trade at night sessions again
miomax
forex_trader_229154
เป็นสมาชิกตั้งแต่ Jan 29, 2015   87 โพสต์
Jul 08, 2015 at 15:03
Try to invest. You can choose the most suitable invest products, starting from looking through my pamm)) or just write me and I will advice you some good managers
เป็นสมาชิกตั้งแต่ Oct 02, 2014   909 โพสต์
Jul 09, 2015 at 10:45
I see impatience as one of the main reasons to lose your money. The other is lack of knowledge.
Positivity
เป็นสมาชิกตั้งแต่ May 20, 2011   724 โพสต์
Jul 09, 2015 at 12:35
Its only a loss when you cant trade anymore.
rob559
forex_trader_29148
เป็นสมาชิกตั้งแต่ Feb 11, 2011   1916 โพสต์
Jul 09, 2015 at 17:21
arigoldman posted:
I see impatience as one of the main reasons to lose your money. The other is lack of knowledge.

and the other is greed
เป็นสมาชิกตั้งแต่ Oct 02, 2014   909 โพสต์
Jul 20, 2015 at 14:26
rob559 posted:
arigoldman posted:
I see impatience as one of the main reasons to lose your money. The other is lack of knowledge.

and the other is greed

Indeed.
Positivity
เป็นสมาชิกตั้งแต่ Sep 11, 2015   7 โพสต์
Sep 21, 2015 at 06:10
I think because it's the way it is. It's not very easy to become a skillful trader, and it always involves losses during considerable period if time. From the other hand, being trader, in my opinion, is not so painful as might seem. I try to trade systematically and this seems to work.
Now or never, all or nothing
เป็นสมาชิกตั้งแต่ Aug 28, 2015   50 โพสต์
Sep 21, 2015 at 06:25
FXtrader2010 posted:
Its only a loss when you cant trade anymore.

True. Learn from your mistakes and get back to market...
Let's get down Forex Black Market, expose fake Expert Advisors!
เป็นสมาชิกตั้งแต่ Nov 18, 2013   6 โพสต์
Oct 06, 2015 at 10:59
ABSNET posted:
why???

'Forex' is Easy when you know the 'Secret' ...... 😉
" Forex " Is Easy When You Know The " Secret " ......
เป็นสมาชิกตั้งแต่ Feb 22, 2011   4862 โพสต์
Oct 06, 2015 at 11:41
triggerpoint2014 posted:
ABSNET posted:
why???

'Forex' is Easy when you know the 'Secret' ...... 😉

There is no SECRET. Just years of study and developing.
เป็นสมาชิกตั้งแต่ Nov 01, 2011   41 โพสต์
Oct 06, 2015 at 12:12
ABSNET posted:
why???
I started a new topic for new traders just like you. You can find it here:

https://www.myfxbook.com/community/new-traders/new-traders-beware-easy-road/1039956,1

Your statement doesn't give me much to go by, but come visit this post and I will try to help!

Steve
เป็นสมาชิกตั้งแต่ Nov 18, 2013   6 โพสต์
Oct 06, 2015 at 15:00
togr posted:
triggerpoint2014 posted:
ABSNET posted:
why???

'Forex' is Easy when you know the 'Secret' ...... 😉

There is no SECRET. Just years of study and developing.

Dear sir, here if you try to find secret then definitely you practice / learn with practical work 😄
" Forex " Is Easy When You Know The " Secret " ......
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