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Thread: Too many entry will kill you.

  1. #6
    Senior Member atif58 is a jewel in the rough atif58 is a jewel in the rough atif58 is a jewel in the rough atif58 is a jewel in the rough atif58's Avatar
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    In my point of view opening many entries at a time is not a good choice. This will divide your consentration and will effect your analysis. If you are a long term trader then it can be done but you should have a large capital. But for day trading and especially for scalping trader should open not more then 3 to 4 entries. I do scalping i always open one entry at time, sometimes two but not more then to.

    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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    this is very fact thing. i also feel some time that many entry will kill me but by luck i save my account.
    if we are playing with many order or pair then there is little bit difficult to manage every thing like stop loss and take profit.
    our money management totally become dismanage and its give a bad result. this may be kill our account also by margin call.

    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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    Banned aadrika is on a distinguished road aadrika's Avatar
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    Quote Originally Posted by alamayreh View Post
    hi, i just want to share my opinion ....
    too many entry will kill you ....
    how many entry / day is suitable for you ??
    i ussually takes maximum 3 entry ...... when i set 3rd entry i must stop
    whatever i profit of loss ....
    just say, i just entry when i really sure the market is on direction what i think ...
    but when i entry, and the direction is wrong, i'll cut the loss .. and wait for another chance
    3 entry maximum is good .. to train your to stabilize your performance

    I think that three entries are too much to trade at the same time. This is also known as overtrading. Just open one position per time that you understand and let it run to completion. When that position has achieved its target, you can open another position.

    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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    I agree with the view of thread creator excessive trading is not good rather it may increase no. of losing trades this may be due to lack of analysis and enteirng trade without proper opporunity or so.

    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.


  6. #2
    Senior Member prem is on a distinguished road prem's Avatar
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    Quote Originally Posted by alamayreh View Post
    hi, i just want to share my opinion ....
    too many entry will kill you ....
    how many entry / day is suitable for you ??
    i ussually takes maximum 3 entry ...... when i set 3rd entry i must stop
    whatever i profit of loss ....
    just say, i just entry when i really sure the market is on direction what i think ...
    but when i entry, and the direction is wrong, i'll cut the loss .. and wait for another chance
    3 entry maximum is good .. to train your to stabilize your performance
    yes,i accept your opinion.if we open much entries,it gives only loss to us.this type of approach is done by several traders aimed for getting huge profit,it is called greed.to become a successful trader,we should be careful in entering lot sizes and select low spread currency pairs because it is low risk for all traders.

    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.


  7. #1
    Member alamayreh has a spectacular aura about alamayreh has a spectacular aura about alamayreh's Avatar
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    Too many entry will kill you.

    hi, i just want to share my opinion ....
    too many entry will kill you ....
    how many entry / day is suitable for you ??
    i ussually takes maximum 3 entry ...... when i set 3rd entry i must stop
    whatever i profit of loss ....
    just say, i just entry when i really sure the market is on direction what i think ...
    but when i entry, and the direction is wrong, i'll cut the loss .. and wait for another chance
    3 entry maximum is good .. to train your to stabilize your performance
    Adnan Alamayreh
    Good Luck

  8. The Following 15 Users Say Thank You to alamayreh For This Useful Post:

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