STAY OUT OF TROUBLE

chisha

Tham gia từ Oct 09, 2012 18bài viết

Jan 28, 2013 at 18:34

Tham gia từ Oct 09, 2012 18bài viết

1 The secret of success lies not in buying at the lowest possible price and selling at the absolute top. It is the avoidance of large losses.
2.The less you're in the market the less risk you take
3.The probability of a winning trade is increased when the trend signal is confirmed by other models.
4.Look at 3 time frames on every trade
5.Currencies are highly trended sometimes for months and even years.
6.Know what the rest of the market is looking at even if you don't agree. Don't try to tell the market what to do.
..To be sure the tonnes more :) feel free to add what you've learned.

1.Make pips 2.Keep pips 3.Repeat 1 & 2

forex_trader_6135

Tham gia từ Jan 25, 2010 66bài viết

Jan 31, 2013 at 14:11

Tham gia từ Jan 25, 2010 66bài viết

Do not hold on to losing trades, if you can close losses you will improve.

iChimokuMagic

Tham gia từ Nov 24, 2012 1bài viết

Mar 16, 2013 at 09:55

Tham gia từ Nov 24, 2012 1bài viết

Trade what you see not what you think

liquidityFX

Tham gia từ Nov 15, 2011 61bài viết

Mar 16, 2013 at 20:15

Tham gia từ Nov 15, 2011 61bài viết

start with small capital, because you WILL lose part of your first investments due to lack of knowledge, the FX world has a shitload of pitfalls, it took me just over a year to break-even.

and be wary of robots/strategies that show superb results with less than a year of verified data.

When you fall you learn, then you get up and you try again until you master it.

piplover

Tham gia từ Jan 20, 2013 3bài viết

Mar 18, 2013 at 06:26

Tham gia từ Jan 20, 2013 3bài viết

Suffix to what Mark said, allow profits to run!

cut losses immediately...allow profits to run

loon5131

Tham gia từ Mar 15, 2013 1bài viết

Mar 19, 2013 at 08:12

Tham gia từ Mar 15, 2013 1bài viết

2.The less you're in the market the less risk you take Suffix to what Mark said, allow profits to run!
can these rule running as the same time?😕

Tom153

Tham gia từ Mar 06, 2013 4bài viết

Mar 28, 2013 at 18:11

Tham gia từ Mar 06, 2013 4bài viết

The key to trading is discipline and eliminating the emotion from day-to-day trading. Learn the rules of the market, create a plan, test your plan in a demo account, assess market conditions, know how much you're willing to lose, and go for it! Stick to your plan. It's also important to know what kind of trader you are. My broker offers free educational resources, so that helps, too.

forex_trader_4570

Tham gia từ Dec 17, 2009 37bài viết

Mar 29, 2013 at 17:32

Tham gia từ Dec 17, 2009 37bài viết

liquidityFX posted:
start with small capital, because you WILL lose part of your first investments due to lack of knowledge, the FX world has a shitload of pitfalls, it took me just over a year to break-even.

and be wary of robots/strategies that show superb results with less than a year of verified data.

An addendum to this: The upside of robots/strategies is they take the emotion out of it, they simply follow the rules they are programmed to use. I agree with what was said, though, the longer the history the better.

EURUSD	1.13132	GBPUSD	1.33053	AUDUSD	0.64465
USDJPY	143.787	USDCAD	1.38246	USDCHF	0.82393

Advertisement