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 trade on both technical and fundamental analysis and do both short term and long term trades.So I also do scalping and position trading based on my analysis and carry different trades at different times.Although risk management and money management is a part of my strategy and I do put Stop Loss to all my trades.
Last edited by realfun07; 2011-08-23 at 02:23 PM. Reason: Spell check
i used firstly support and resistence and aftre that i apply some candlestics chart technic and fibonacci also..after selecting proper decision i apply proper Tp or SL ....thats my routine
"We dont get paid for activity, just for being right. As to how long we will wait, well wait indefinitely."- The Legend Warren Buffett."
my strategy is that of an amatuer right now, i do a analysis of the market before entering the trade, i always set sl and tp to 30 pips and m well than satisfied with it, and also i always trade in the direction of the trend, well i am only 3 months old in forex now and this small and easy strategy works for me.
Rock On
yes its better to go along with the trend. so the best strategy is to identify the trend early and trade accordingly. And different indicator and EAs are used by the traders to identify the trend as per his analysis. And generally bollinger bands, stochastics, MA, parabolic SAR are some of the common indicators frequently used by the traders
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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.
50 pips sl and tp is not bad but good i think and i also target 50 pips daily but its happen many days i dont able to do it and before to achieve such i overtaded and than also loss because of this over trade and now i am serious if not achieve such never do hurry and remain happy if there is less also.
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.
mai hamesha 50pip profit ya loss ki strategity raktha din mai mujhe 50 pip milgaya toh mai usse santut rehta hu aur agar loss hogaye toh bhi.
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.
analysis is the work of the trade because it's not without meaningful analysis of trade and analysis capabilities must continue to be improved by the merchant
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.
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