that from what I know why some traders lose is because they are less able to dominate or control their emotions,,, they are too greedy,,, so that makes them so out of control and make them at a disadvantage,,,
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
There are many reasons of loss traders face in forex.
Lack of knowledge and practice.
No risk management.
High risk trading.
Can not control emotional trading.
Multiple trading.
These factors involve in loss . Traders should consider first learning ad experience then they can show performance in forex.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Many nonwinners are having this bad addiction because of deficiency of understanding and negligence. We investors in currency trading must try our best to create sure that we actually create constant in the benefit making of our currency trading deals.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
to avoid losses in forex transactions / foreign :
1. Over-trading
Excessive forex transactions against the funds we have. Margin forex trading is a system that is very risky, then we need to take into account how closely should the number of lots that we traded. 10 percent of the funds we have every entry position is one good way.
2. Understanding the effects of a News (Fundamental)
Traders who trade by relying on the news several times disappointed for not complying with their predictions. It is very important for traders to understand clearly that the news will be announced and find out how to anticipate market. Please read more in Fundamental Analysis.
3. Do not Rely On Others
Traders who are successful traders who rely on itself so that it can determine whether the analysis is effective or not, not because it depends on the analysis of others.
4. Confident Over
This is often a big problem in the transaction. Overconfidence is dangerous because sometimes we are not exactly what is happening in the market. Too many factors influence.
5. Chartist
Traders who are relying on charts in the transaction. Indeed, price movements tend to move in a pattern that already exists but the news (fundamental) or a particular policy may change in the market trend. So in forex transactions anatara better if combining fundamental analysis and technical analysis.
6. Use Stop Loss
There is a dilemma that must be faced in the forex trader in the deal, when they touch the stop loss position back turned towards the price they had predicted. But many cases prove that no harm trader stop loss can be very limited.
7. Simple trading system
There is a tendency that the more indicators that we use in the chart will be more signal we get. But in reality, the more indicators make us confused because each one giving different signals. Using 2 or 3 indicators can be easier for us to enter the market.
8. Automated trading systems
Many forex traders are confident with a particular trading system so that the robot does not intervene at all. Problems begin to arise when the market trend changes. Continued control robotic systems that we use in forex transactions.
9. Trading by Moment
No need to enter the market every day. Take a position when you look at a suitable moment to enter. If there is not a moment, silence is better as he continues to monitor the market.
10. Never stop learning
The beginner is often considered easier to trade forex so that no longer want to take the time to learn forex further. By continuing to learn then you will know more clearly the ins and outs of forex transactions.
11. Take advantage of Free Forex Signals
In a lot of the Internet that provide free forex signals. That is what you get and use it as a second opinion to make decisions open forex positions.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
all your opinion is correct, most of the traders think that forex trading is so easy that they trade only use guesswork and luck alone,
but they do not know the risks that would befall.......
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
who are looking for earning without learning, they are the loser in forex.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
it's all a normal part of any business. it helps us to improve our business for the next experience. Every professional who is familiar with loss.Loss is common in forex trading and we can not do without losing it.Without traders can not learn about their mistakes so we take the lesson just as good experience for us later
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I do not really agree that the main reson why trader's lossing was because his/her bad analysis. In fact, many times, even with a good analysis we can still get any wrong position and fail trades. I think this is more about "timing" factor, unclear observation and unpatience a trade when he/she saw an entry signal. Mny times, a fail trader already done a good analysis, but without any clear confirmation, he/she just jump into the market.
~Your stop loss is my profit taking...!~
~Do this business as your game or just hobby, but manage it like this is your only one earning source...!~
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