It is the newbies that usually have too many entries in their trading and get big losses due to lack of margin. Expert traders already know about these things and they do not make such mistakes in their trades.
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It is the newbies that usually have too many entries in their trading and get big losses due to lack of margin. Expert traders already know about these things and they do not make such mistakes in their trades.
to many deals is the monster for you to completely close your business. business with just single access after ending this not to start another business. and off-course use stop-loss in all deals. have a plan of dealing with efficient technique proven by trial consideration. in this you can earn money from currency dealing.
That is just one of the biggest mistake not just a newbie would make but also to those traders who tend to grab all the advantages of the market to earn pips. Opening too many entries not just is prone to losing the capital but also hard to manage at all.
we can have some forecast analysis and we will place orders based on this some times we will get profit and some time we will get loss. But inorder to get some profits we should dare and we need to get updated with the news so that we will get more confident about trend direction
aapne bilkul thik kaha too many entries hamare account ko khatam kar sakti hai..jo aapne apni trade mein kar rakha ho aur market uske opposite chali gaye tou aapka account empty hojayenga..esliye mai tou ek hei entry pasand karta hoon..Quote:
Originally Posted by Nazmul
we need to try to control our money management first, i think that if we have already control our money management, so it can help us to do not greedy and help us to try to do not open too many position for our trading, so that will become good for us
Too many orders lead us to over trade but scalper very like do that. I think it should depending on trading style we have. A scalper could makes a lot of orders according to their ability and their system works.
yes you're right, by controlling the money management wise it would make us aware margin trading and make us more cautious, resulting in a trading using the appropriate lot and did not make a lot of entry, so that the event does not cause much loss loss even to hit a margin call as I've ever experienced beforeQuote:
Originally Posted by enter
It is true that too many entry or trading pair can kill you. Because if all of your entry or pairs' price are decreasing, then there is a chance to close those transactions automatically where you can lose all of your money. So never ever try that. Maximum 4 or 5 entry is good, but not more than that. If you see that there is a huge chance to get profit, only then use multiple entry.
how many entry for a trader can opened that according on their capital strength and loi size so small capital should open in small lot and slighty entry but with huge capital we can open more than 10 entry and our capital can hold that...the capital strength also determine on our trading...Quote:
Originally Posted by Fibonacci Gartley