even i trade like you.I wait for strong signal and make lump profit in a single trade.I find it easy and i dont stress myself to trade daily.That is better because if i trade for 2 times a week i will get my weekly goal attained.
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even i trade like you.I wait for strong signal and make lump profit in a single trade.I find it easy and i dont stress myself to trade daily.That is better because if i trade for 2 times a week i will get my weekly goal attained.
Yes, I agree with this. We should enter the market on correct time which is entry point. Otherwise, we may have to face some emotions. Try to get some analysis on entry point. DONT try to get entry daily, trading in true trend is enough for the profit. If I am wrong, let us share.
Its very safe to place a trade and wait for the market to reach your target. Otherwise, you should got emotions and some loses.
You may save your time by just one time analyze and place position with target.
Yes, this is good. We may wait for profit at any duration. And trading in single pair is also good one, as we get to know the movements easily. We should analyze the market thrice before open trades.
Yes, i agree with this. So only, i do long term trading to avoid some emotions and greedy. I just set target for monthly 200 pips only. You know that forex market will show atleat 100pips movement per day. So, its very easy to achieve 200pips in a month in a safe way too. what do you think.
I'll wait for the perfect time to do the OP, if the market only sideways but still allows us to go, then only a small lot that I use. but if the trend going strong, mentally preparing for a huge profit. so the conclusion of trading it is up to the trader flexible because we have the strategy and its own characters are different.
yah it is best but Daily trading is better because you remain in picture and you can easily analysis the trend, no need to sit all the time. Just spend four to five hours daily.Quote:
Originally Posted by nilesh
yes and not just tired but even tensed and always under pressure if you continuosly trade , so it is better to trade with intervals or with particular suitable time limit's
yes it is well wise to keep an eye on the market daily but that does not seriously imply that you have to even trade everyday, yes if you are not that old to forex then you naturally strive to find a new strategy and so you trade daily for it to test yourself but if it comes to keeping an watch on the market then i dont think that it will be necessary to trade for that reason!
you should first be strongly practised on the demo buddy and should have a normal winning strategy then you turn to a live a/c or it is just like suicide, and for-most make the use of sl buddy coz stop loss is the best way to keep our pockets safe from a big bump that rips our pockets off, next time beware of this fact and stay secure and knowledged ( completely learned )