I provide 5 hours time in trading in Forex. I believe Forex is a gambling so look over here most carefully. I also follow support and resistance to take profit..........So carry on.
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I provide 5 hours time in trading in Forex. I believe Forex is a gambling so look over here most carefully. I also follow support and resistance to take profit..........So carry on.
some time it can happen to me, but now i always try to follow the rule (you can say system) of my self. some time hit loss but more often hit profit hehe
ye to app ki trading strategy pe depend karta hai app kaisy trading karty ho ager app ki strategy achi hai to app zarooor profit hasil karo gay aor ager app ke pass na koi strategy ha na koi knowledge na app ko basics ka pata hai to ap is main kabhi be profit hasil nahi kar sakty
in trading before we open position, we have to analyze price movements that occur, what do we analyze? limit the movement of prices and the trend is going to happen, once we have all that information, we 'open position' to take profit in accordance with the limit price movements we've got. 'cut profit' if the price does not seem able to achieve it.
Sometimes i close my position because i look at the price and see the price going to reverse soon..
So i close my position..Usually if i open the trade and see the price is moving towards me,i set my stop loss..so i am safe..
According to me and my point of view I think that two things is very important in placing your order in the Forex market one is the entry point and the other is the exist point I think we should wait for the good entry and also for a good exist point it increase the ratio of profit.
i ever got about crisis mental, when i loss my confident to go trade and i was afraid to get some losing again
but the time answer about it, i could hold this condition and get my confident back again
i believe that one should have a proper plan before opening trade that i will take a certain amount of profit .if u will not take ur profit and hope to grow it bigger and biggerthan u will on a losing side at the end.