Things You should Know to Earn Consistent Profit.

[neil92]

Hello Friend !

I am sharing few points that you should need to know to earn consistent profit in forex.

Ultimately there are 5 possible outcomes of any trades and these are:



We need to focus on out of these possible outcomes to earn consistent profit?

Now,

Here comes the Risk Management, as you know risk management is all about minimizing the loss and maximizing the profit, Right? And that is exactly the Next Image tells us ..




We need to avoid the small profit and big loss and focus all of our attention on big profit and maximizing our gain on winning trade.

Have a look on the example below



If our winning trades are 50 @ an average profit of $3 per trades then we are making 50x$3 = $150
Mean while we have 50 small loosing trades @ an average of loss of $1 per trades then out total loss is 50 x $1 = $50

And the Net profit we get is $150-$50 = $100

That is how we can get consistent profit.

Now, look at the another example:



This is what we should avoid because here we are making small profits but the big loss totally outweighing the profits. This situation will results in Consistent loss


Now look at the another outcomes called Break Even



Here we are focusing on small profits by cutting our winning trades too early but at the same time we are getting small losses as well.

In this situation these two outcomes will cancel each other out.

You are not Making a profit or losing money.

We are not really making money and not really loosing either, we are breakeven and frustrated.

Look at the below picture and decid what you should have to do

[Rehman12]

good dear very good you share a very useful thread in a very systemic way and its very easy for every kind of the members of the forex community weather he/she is a new members or a average learner and want to learn easily

[neil92]

good dear very good you share a very useful thread in a very systemic way and its very easy for every kind of the members of the forex community weather he/she is a new members or a average learner and want to learn easily

Thanks bro, Yes this is important to make it easy for forum members those are beginners. It would be good if someone get something to learn here that's why we are here to help each other and I hope my threads will be useful for them.

[Muskan]

we are focusing on small profits by cutting our winning trades too early but at the same time we are getting small losses as well in this situation these two outcomes will cancel each other and its very easy for every kind of the members of the Forex community weather he/she is a new members or a average learner.

[mahi218]

achi cheezen apnay samjhae hain me apki baton say achi tarha say iteefak karta hun aur samjhta hun k aesay he hona chahye k hume kabhi b bina sochay aur samjhe trades nahi karni chahye jitna behter koi seekhay ga us k lye utna he zyada munasib work karnay ki himmat paida ho sake ge aur zyada panay me asani hogi.

[mahi218]

wesay aesa mumkin to nahi k hume lagatar profit ho lekin agar ap keh rahay hain to me samjhta hun k achi cheez he share ki hogi apnay me is pay amal karnay ki koshish karo ga ta k meray lye kafi achi behter cheezon ko sekhnay k chances or zyada barh sake meray andazay k mutabik her kissi ko seekh kar ana hota hai.

[forexdestiny2016]

I like and attracted with your picture posting like above. So easy to understand and attract more interest to read it. Keep it up posting like this similar posting. By the way, big profit with small loss is a winner and be a most successful trader.

[arshad4433]

Yes its true hamein Forex trading mein aik aisi strategy pe hi working kerni chahye jis mein hamein profit ziada aur loss kam hi ho. mein apni trading mein ager profit 100 pips set kerta hun tu then mein yehi try kerta hun k mera stop loss 30 se 40 pips hi ho. Aur Forex trading mein hum consistent profit apnay knowledge aur experience ki base per hi earn kertay hain.

[Fatehpuri]

Dear apki post to achi ha lekin main apki post se fully satisfy ni ho q k agar big loss hum karte hian to apni hi mistakes hoti ha main os ko best kaho ga jis me small profit ho lekin loss kam ho aur sath apni money ki management ko dekhte howe risk le aur daily ka small profit ho ga jis se ap ka experience acha hoga aur aise hi ap phr achi trading kar sakte hian small profit se hi ap ak successfull trader ban jao ga big profit se phr big loss b hota ha jis me greedy ka chakar ho jata ha phr main os ko successful ni kaho ga.

[bhattipak]

mujhy nahi lagta kay ap ko kabhi bhi jab say ap trading kar rahy han ap ko jitna bhi expireince ho jay ap is kam main loss tu karyn gay tabhi ap ko agay profit ho ga bina loss kay profit nahi hai is kam main.