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Victoryindia
2011-06-09, 03:28 PM
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1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.

2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.

3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.

4.) Follow your Trading Rules Strictly.

5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.

6.) Never trade against trend during trading, because you are here only to make profit so always trade in the direction of the current trend.

7.) Trust your System and Believe in your Strategy. Don't Doubt it in the Middle of a Trade. Give your Trade a Chance to Perform.

8.) Always be Disciplined in making Trading Decision and Learn to take a Small Loss rather than taking a Big Loss. Try to Identify a Bad Entry Earlier.

9.) Write Down all your Today's Trading Experience and Mistake you made that you needs to avoid tomorrow.

10.) Always go through your chart at the end of the Day and make analysis & prepare for the Next Day.

anubhavsingh
2011-06-10, 12:00 AM
Very nice and informative post friend..
Every new trader should follow these tips before dealing in forex market...

soumen
2011-06-12, 04:08 PM
great thread for newbie. you are right and you point is good. I want to add that before trading fresh your mind . and always control emotion. take a brake after a doing some failure or success trade. and read the market news daily.

arjun
2011-06-24, 10:06 PM
on the advice no. 7. I had a bad experience by allowing the position floting loss until the weekend. and it makes the weekend I became uncomfortable. I always think of my position who experienced loss of 50%. I would not do it, because it's so painful.

rajuonline
2011-06-25, 11:49 AM
on the advice no. 7. I had a bad experience by allowing the position floting loss until the weekend. and it makes the weekend I became uncomfortable. I always think of my position who experienced loss of 50%. I would not do it, because it's so painful.
hey arjun bro what is your bad experience with it please share with us.
this is a good thread.. but some time following the trading rules is hard. ut this will be better if we follow this rules. the last word of this will be learn everyday before and after trading.

denira
2011-06-26, 02:45 PM
on the advice no. 7. I had a bad experience by allowing the position floting loss until the weekend. and it makes the weekend I became uncomfortable. I always think of my position who experienced loss of 50%. I would not do it, because it's so painful.

fellow patient is indeed the risk if we do not have clear rules when we have a large mines plot when the plot minus when it happens we have to create or define an SL or cut loss

pivot-trader
2011-06-26, 03:22 PM
fellow patient is indeed the risk if we do not have clear rules when we have a large mines plot when the plot minus when it happens we have to create or define an SL or cut loss

yeah i know, Stop Loss and Cut Loss is should in each our posisition, to minimalizing loss going to bigger.

denira
2011-06-27, 11:51 AM
yeah i know, Stop Loss and Cut Loss is should in each our posisition, to minimalizing loss going to bigger.

and do not forget the friends that you have to really train stoplos usage and cut loss with discipline because if you are not disciplined to do then you should have good money management

pivot-trader
2011-06-27, 02:56 PM
and do not forget the friends that you have to really train stoplos usage and cut loss with discipline because if you are not disciplined to do then you should have good money management

yeah discipline is important. same important like strategy and pshycologi. without discipline we can get loss easier.

anubhavsingh
2011-07-03, 12:49 PM
Setting stop loss and take profit are one of the most important rule of forex trading..
These tools help you in minimizing your loss and you can feel a bit relaxed if you are away from your screen..

blackprince4u
2011-07-03, 06:15 PM
Setting stop loss and take profit are one of the most important rule of forex trading..
These tools help you in minimizing your loss and you can feel a bit relaxed if you are away from your screen..

Yes sl minimizes our losses because we lose only a part of money that is fixed instead of getting mc in case trend is reversed or market moves against us.

dead
2011-07-10, 04:26 PM
Yes sl minimizes our losses because we lose only a part of money that is fixed instead of getting mc in case trend is reversed or market moves against us.

although it sounds dangerous I also long to use stop loss trading career I rarely use it Will Because RELY more on discipline to cut loss Pls using an analysis of and that is the fact

arjun
2011-07-10, 07:43 PM
although it sounds dangerous I also long to use stop loss trading career I rarely use it Will Because RELY more on discipline to cut loss Pls using an analysis of and that is the fact

I think better to use SL, and is set along with the open position.
so we do not have to feel stressed when a position contrary to our analysis,
or when the need to cut losses

blackprince4u
2011-07-10, 08:55 PM
although it sounds dangerous I also long to use stop loss trading career I rarely use it Will Because RELY more on discipline to cut loss Pls using an analysis of and that is the fact

Its also good because when you have a good signal and about 99% chances of hitting tp than it doesn't matters if you put sl or not because in any case your trade is gonna hit the tp.

denira
2011-07-11, 06:16 AM
Its also good because when you have a good signal and about 99% chances of hitting tp than it doesn't matters if you put sl or not because in any case your trade is gonna hit the tp.

if you have the ability to analyze with accuracy of 99% I think it was a very nice fellow as far as I know accurately only 80% of profit that was to be consistent

alwi
2011-07-11, 01:56 PM
if you have the ability to analyze with accuracy of 99% I think it was a very nice fellow as far as I know accurately only 80% of profit that was to be consistent

very well because it has 90% analytical ability is an ability that is super amazing because we will definitely have a great opportunity for more profit than loss

dead
2011-07-11, 03:14 PM
very well because it has 90% analytical ability is an ability that is super amazing because we will definitely have a great opportunity for more profit than loss

if you have the ability to perform analysis with an accuracy rate of 90% you will get rich quick, but if not let us learn together to find a consistent level of accuracy of 90%

pinpin
2011-07-14, 05:09 PM
I think better to use SL, and is set along with the open position.
so we do not have to feel stressed when a position contrary to our analysis,
or when the need to cut losses
yes I agree with you
by using a stop loss we can limit our losses
withstand loss is not good, can create anxiety and stress
and we will wait until the market turned around,
but we do not know where the market will move

mayengbam
2011-07-14, 06:02 PM
yes I agree with you
by using a stop loss we can limit our losses
withstand loss is not good, can create anxiety and stress
and we will wait until the market turned around,
but we do not know where the market will move

holding on a losing trade is like searching for water in a desert, we should never try to hold on a trade especially when the balance is low in the account. and i believe setting sl is the best way to cap loses while we trade

soumen
2011-07-15, 06:21 PM
Yes sl minimizes our losses because we lose only a part of money that is fixed instead of getting mc in case trend is reversed or market moves against us.
thik kaha aapne. par ye baat bhi sach hei ki agar aap thik time pe accha entry nakare to aap a;ways sl pe ayenge aur aapka balance minus hote chala jayega. isliye first learn then do forex. aur ha aap utna sl de jitna ki aapke loss krna thik rahega.

soumen
2011-07-15, 06:21 PM
Yes sl minimizes our losses because we lose only a part of money that is fixed instead of getting mc in case trend is reversed or market moves against us.
thik kaha aapne. par ye baat bhi sach hei ki agar aap thik time pe accha entry nakare to aap a;ways sl pe ayenge aur aapka balance minus hote chala jayega. isliye first learn then do forex. aur ha aap utna sl de jitna ki aapke loss krna thik rahega.

pinpin
2011-07-16, 12:19 PM
holding on a losing trade is like searching for water in a desert, we should never try to hold on a trade especially when the balance is low in the account. and i believe setting sl is the best way to cap loses while we trade
yes I agree
Most novice traders are afraid to lose money, and they hold
they expect the price of re-turn
and finally they mc
indeed sometimes the price turn, sometimes keep it moving
That's the mystery of the forex market

arjun
2011-07-16, 12:23 PM
yes I agree
Most novice traders are afraid to lose money, and they hold
they expect the price of re-turn
and finally they mc
indeed sometimes the price turn, sometimes keep it moving
That's the mystery of the forex market

The best way to overcome is to use a locking system,
so that we can determine the area to unlock the next.

anubhavsingh
2011-07-17, 05:58 PM
Locking your deals is the bestr trading strategy and we must follow it completely..
Locking you deals means you should adopt stop loss and take profit tool in your deals and after doing this, you can take rest as your deals with always remain with in your margin..
various traders do not use stop loss as they do no beleive in loosing money but this strategy should be adopted by all traders

pinpin
2011-07-22, 11:45 AM
The best way to overcome is to use a locking system,
so that we can determine the area to unlock the next.
locking is indeed true that the best way to avoid losses and we
I had to do locking with a distance of 30 pips, but increasingly greater distances and loss that I got too big
Do you have any tips to unlock?

alwi
2011-07-22, 02:30 PM
locking is indeed true that the best way to avoid losses and we
I had to do locking with a distance of 30 pips, but increasingly greater distances and loss that I got too big
Do you have any tips to unlock?

undergo a reason why we are locking in the analysis because we were wrong and we waited at the right time to open kuncin but persoalanya OP which will be open if the OP 1 or 2

arjun
2011-07-22, 06:06 PM
locking is indeed true that the best way to avoid losses and we
I had to do locking with a distance of 30 pips, but increasingly greater distances and loss that I got too big
Do you have any tips to unlock?

I did not catch you,
if we are already locked position, wherever the price goes, our losses will not increase or decrease.
My strategy is to determine the area snr, a region that is usually the price bounces.

denira
2011-07-22, 06:21 PM
does it mean when we use this locking we should really have to look at opportunities OP Traffic which we will open,, is that friend?

it could be like that because of this locking technique is part of the Traffic and merchants to open a position here in requiring good analytical skills

soumen
2011-07-23, 07:31 PM
Yes, I agree with you brother, very good advises for newbies and experienced traders as well. Newbies can take advantage of such kind of posts in the forum that will be more beneficial in forex career.
yes it is. humare forum me jo kuch post he sab useful he. yaha new trader bahut kuch sikh payega. aur aisa post se hi bahut kuch sikha ja sakta he.

medhat4forex
2011-07-23, 09:10 PM
For me I see the usual actions before they start racing in Forex trading is the processing chart on the 1 minute or the 5 minutes and start the development of technical indicators that I work out and then trading

ganguly
2011-07-31, 06:20 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

Very nice and informative post friend..
Every new trader should follow these tips before dealing in forex market...

vicky
2011-07-31, 08:50 PM
For me I see the usual actions before they start racing in Forex trading is the processing chart on the 1 minute or the 5 minutes and start the development of technical indicators that I work out and then trading

I think 1 minutes and 5 minutes chart only good for scalping and it may observe but not good if we want to trade short or long but necessary for scalping. anyway its good you see the price action and do technical analysis before enter the trade.

anubhavsingh
2011-08-11, 10:47 AM
locking is indeed true that the best way to avoid losses and we
I had to do locking with a distance of 30 pips, but increasingly greater distances and loss that I got too big
Do you have any tips to unlock?

apni deal ko lock karna ek bahut hi faydemand tarika hai forex tarding me
deal ko locjk karne ka matlab hotah ai ki sl aur tp et karna
support aur resiatnace value ke hisab se set kiya hua sl aur tp aapke liye bahut hi faydemand hioga

Ganesh
2011-08-11, 11:21 AM
:good: perfect 7 points stated for newbies like me.......thanx a lot......and also not to conclude the frustration and upsetting stuff when we loose........so controlling of emotions will also be one:(

anubhavsingh
2011-08-12, 03:35 PM
yes it is. humare forum me jo kuch post he sab useful he. yaha new trader bahut kuch sikh payega. aur aisa post se hi bahut kuch sikha ja sakta he.

is forum me naye aur purane dono type ke traders hai
naye traders apne views share karte hai aur apne analysis likhte hai
fir experianced trader unhe suggest karte hai ki unki strategies me kya kami hai aur kya improvement ki zarurat hai

siddesh
2011-08-19, 12:21 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
Your first point says it all. The news must be respected and listened to on a daily basis. People ignore the use and consult only technical analysis when they trade and they are usually slaughtered by major news events.

anubhavsingh
2011-08-20, 12:54 AM
Your first point says it all. The news must be respected and listened to on a daily basis. People ignore the use and consult only technical analysis when they trade and they are usually slaughtered by major news events.

ye sba baatien bahut hi zaruri hai forex trading ke liye
har tarder ko ye sab follow karni chaahiye aur specially new tarders ko..kyunki new trares josh me hosh kho dete hai aur bina analysis ke jaldi me galat deals kholte hai jo ki unke account ke liye bahut harmful hoti hai

tegardp
2011-08-20, 05:15 AM
setting SL and cut profit is good too. and for me i prefer not to trade on friday. because i always end up MC in this day. and why is friday always lost?

venkiaries61
2011-08-20, 06:05 AM
setting SL and cut profit is good too. and for me i prefer not to trade on friday. because i always end up MC in this day. and why is friday always lost?

No, i wont agree with you. go with trend and also follow money management to avoid margin call. this is one example as your are new here. I choose a lot size by divide 1000 by fund value.

anubhavsingh
2011-08-20, 05:41 PM
setting SL and cut profit is good too. and for me i prefer not to trade on friday. because i always end up MC in this day. and why is friday always lost?

pehle me bina sl set kiye hue trading karta tha lekin fir maien realise kiya ki jo meri deals abhi -200$ dikjha rahi ahi..agar unme maine sl set kiya hota to wo kabki -20 pe kat gayi hoti aur baki bachi equity se me na jane kitni bar tarde kar chuka hota
starting me trades sl pe vishwas nahi karte lekin time ke sath unhe sl ki importance ka pata chal jata haj

Ganesh
2011-08-20, 11:34 PM
I ttrading from Monday to Friday, I had to make a critical analysis and discipline with my own strategy, I also trading on Friday
roj trade karna koi buri baat nahi hai par over trade karna bura hai, aur jab aap friday ko bhi trade karte ho toh usi din close kar doh toh acha hai kyuki apko guarantee nahi rehti ki monday se apki position sustain rahegi ya for gir jayegi, aur itna trade karne ke badh thoda brake bhi lena acha hai to freshen up and cool the mind

realfun07
2011-08-21, 12:10 PM
Thanks a lot for such a informative thread.It is very important to include spread in your Stop Loss as most of the traders do not calculated the difference in ask and bid price in Stop Loss.SO they do not sometimes come to know about extra 2 - 3 pips which are lost too with every trade lost.

Also while trading with the news one must know the impact a news will have on the market before trading.So if they are not sure they should stay away from trading and wait for the market to take its course before trading.

nsawork
2011-08-21, 09:02 PM
the points given in the thread are very good and must be followed. we have to develop a habit to watching out for the high level news and making a set of steps to follow before we think of trading.
it is really important to stay disciplined in trading, it will make way for profits

All traders have been advised that follow the rules and stick to the fundamentals, do not take the risks and trade with caution. Yet how many of them do actually follow them and that is the reason many suffer loss either in the starting or after they have made some profits.

It is only when they understand and look for the mistakes they become good as well as profitable traders.

Jazpa
2011-08-21, 09:30 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
Well, I really appreciate your points. They are extremely good. If one trader makes good use of above points, then it will not take long for him/her to become one of the successful traders in this forex business.

sanjeev
2011-08-29, 06:35 PM
The news is the number one thing that we are supposed to check in our trading day. It tells us where the market is and the new events(breaking) news as they come into the market. This will help us to decide on which pair to trade and also show us which already open trade we are supposed to close whether we are losing or winning

jai
2011-08-31, 11:46 AM
Your first point says it all. The news must be respected and listened to on a daily basis. People ignore the use and consult only technical analysis when they trade and they are usually slaughtered by major news events.

sachin
2011-09-03, 01:32 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
But some news have impact and again that same news some haven't impact on forex.
We have few main news and am expecting right on time

denira
2011-09-03, 06:58 PM
ya setting stop loss and cut profit is very essential because setting stop loss will help you from suffering large amount of loss

most of traders use stop loss include I personally use a stop loss as this to keep the movement as a sudden we can not expect a lot of taps that move the markets affect the market we do not know

anubhavsingh
2011-09-04, 12:24 AM
But some news have impact and again that same news some haven't impact on forex.
We have few main news and am expecting right on time

har news ka alag alag impact hota hai pairs pe
kuch news bahut zada volatile kar deti hai amrket ko jabki kuch news bahut hi kam volatile banati hai
forex market me news ka bahut role hota hai..isliye traders ko news pe dhyaan dete hue trading klarni chahaiye

netra
2011-09-04, 02:31 PM
I have not incorporated the news analysis yet in my trading and there is a big chance I might be one of it's causalities when it happened. I just don't want to thread when there is news because I don't know how to respond to it. Maybe it's about time to include it in my trades, the thing to watch out for before trading.

akshayfuriya
2011-09-04, 05:04 PM
although it sounds dangerous I also long to use stop loss trading career I rarely use it Will Because RELY more on discipline to cut loss Pls using an analysis of and that is the fact

Victoryindia
2011-09-04, 06:44 PM
I have not incorporated the news analysis yet in my trading and there is a big chance I might be one of it's causalities when it happened. I just don't want to thread when there is news because I don't know how to respond to it. Maybe it's about time to include it in my trades, the thing to watch out for before trading.

for me also its very difficult to play on news time it is more dangerious for us to get loss or margin call ......abhi tak mai news ko think se samaj hi nahi pata

chirayu
2011-09-08, 10:03 PM
Locking your deals is the bestr trading strategy and we must follow it completely..
Locking you deals means you should adopt stop loss and take profit tool in your deals and after doing this, you can take rest as your deals with always remain with in your margin..
various traders do not use stop loss as they do no beleive in loosing money but this strategy should be adopted by all traders

sunil
2011-09-10, 12:45 PM
Very nice and informative post friend..
Every new trader should follow these tips before dealing in forex market...

sunil
2011-09-13, 02:12 PM
Your first point says it all. The news must be respected and listened to on a daily basis. People ignore the use and consult only technical analysis when they trade and they are usually slaughtered by major news events.

chirayu
2011-09-13, 10:15 PM
Your first point says it all. The news must be respected and listened to on a daily basis. People ignore the use and consult only technical analysis when they trade and they are usually slaughtered by major news events.

akshayfuriya
2011-09-16, 01:53 PM
the points given in the thread are very good and must be followed. we have to develop a habit to watching out for the high level news and making a set of steps to follow before we think of trading.
it is really important to stay disciplined in trading, it will make way for profits

ketan
2011-09-17, 05:28 PM
Thanks a lot for such a informative thread.It is very important to include spread in your Stop Loss as most of the traders do not calculated the difference in ask and bid price in Stop Loss.SO they do not sometimes come to know about extra 2 - 3 pips which are lost too with every trade lost.

Also while trading with the news one must know the impact a news will have on the market before trading.So if they are not sure they should stay away from trading and wait for the market to take its course before trading.

vikas
2011-09-18, 02:29 PM
The first step that we are supposed to take before trading is to check our favourite news site in order to know the news that will be coming into the forex trading market that day.

aniket
2011-09-18, 03:28 PM
perfect 7 points stated for newbies like me.......thanx a lot......and also not to conclude the frustration and upsetting stuff when we loose........so controlling of emotions will also be one

aniket
2011-09-18, 04:52 PM
All traders have been advised that follow the rules and stick to the fundamentals, do not take the risks and trade with caution. Yet how many of them do actually follow them and that is the reason many suffer loss either in the starting or after they have made some profits.

It is only when they understand and look for the mistakes they become good as well as profitable traders.
roj trade karna koi buri baat nahi hai par over trade karna bura hai, aur jab aap friday ko bhi trade karte ho toh usi din close kar doh toh acha hai kyuki apko guarantee nahi rehti ki monday se apki position sustain rahegi ya for gir jayegi, aur itna trade karne ke badh thoda brake bhi lena acha hai to freshen up and cool the mind

sachin
2011-09-19, 05:31 PM
All traders have been advised that follow the rules and stick to the fundamentals, do not take the risks and trade with caution. Yet how many of them do actually follow them and that is the reason many suffer loss either in the starting or after they have made some profits.

It is only when they understand and look for the mistakes they become good as well as profitable traders.

akshayfuriya
2011-09-20, 02:00 PM
by using a stop loss we can limit our losses
withstand loss is not good, can create anxiety and stress
and we will wait until the market turned around,
but we do not know where the market will move

vikas
2011-09-22, 12:34 PM
I also long to use stop loss trading career I rarely use it Will Because RELY more on discipline to cut loss Pls using an analysis of and that is the fact

patil
2011-10-08, 01:49 PM
हाँ sl हमारे घाटा कम से कम है क्योंकि हम केवल पैसे का एक हिस्सा है कि बजाय एम सी हो रही प्रवृत्ति के मामले में उलट है या हमारे खिलाफ बाजार की चाल से तय हो गई है खो देते हैं.

patil
2011-10-09, 02:28 PM
बहुत अच्छा और जानकारीपूर्ण पोस्ट दोस्त ..
हर नए व्यापारी विदेशी मुद्रा बाजार में निपटने से पहले इन सुझावों का पालन करना चाहिए ...

nikhil
2011-10-09, 05:41 PM
yes it is. humare forum me jo kuch post he sab useful he. yaha new trader bahut kuch sikh payega. aur aisa post se hi bahut kuch sikha ja sakta he.

vineet
2011-10-14, 12:55 PM
Well, I really appreciate your points. They are extremely good. If one trader makes good use of above points, then it will not take long for him/her to become one of the successful traders in this forex business.

bhanu
2011-10-20, 01:03 AM
har news ka alag alag impact hota hai pairs pe
kuch news bahut zada volatile kar deti hai amrket ko jabki kuch news bahut hi kam volatile banati hai
forex market me news ka bahut role hota hai..isliye traders ko news pe dhyaan dete hue trading klarni chahaiye

narendra
2011-10-23, 07:37 PM
for me also its very difficult to play on news time it is more dangerious for us to get loss or margin call ......abhi tak mai news ko think se samaj hi nahi pata

hetal
2011-10-23, 08:43 PM
ya you should always keep track of the news and according to your strategies and information given by news you should trade then it will be benificial for you

popatji
2011-10-25, 01:10 PM
some time following the trading rules is hard. ut this will be better if we follow this rules. the last word of this will be learn everyday before and after trading.

narendra
2011-10-28, 12:16 AM
Yes sl minimizes our losses because we lose only a part of money that is fixed instead of getting mc in case trend is reversed or market moves against us.

popatji
2011-10-28, 12:51 PM
Its also good because when you have a good signal and about 99% chances of hitting tp than it doesn't matters if you put sl or not because in any case your trade is gonna hit the tp.

krishan
2011-11-06, 05:27 PM
हाँ sl हमारे घाटा कम से कम है क्योंकि हम केवल पैसे का एक हिस्सा है कि बजाय एम सी हो रही प्रवृत्ति के मामले में उलट है या हमारे खिलाफ बाजार की चाल से तय हो गई है खो देते हैं.

krishan
2011-11-13, 03:36 PM
रोज व्यापार कर्ण कोई Buri व्यापार कर्ण बूरा है पर बात नही है बराबर, और प्रहार आप शुक्रवार को भी व्यापार करते हो तो उसी दिन बंद कर doh तो अच है kyuki apko गारंटी नही rehti की सोमवार से apki स्थिति rahegi फिर गिर जाएगी के लिए बनाए रखने के,और इतना व्यापार करने के badh थोड़ा ब्रेक भी लेना अच है तरोताजा करने के लिए और मन को शांत

chirayu
2011-11-13, 06:16 PM
perfect 7 points stated for newbies like me.......thanx a lot......and also not to conclude the frustration and upsetting stuff when we loose........so controlling of emotions will also be one

sachin
2011-11-13, 09:32 PM
if you have the ability to perform analysis with an accuracy rate of 90% you will get rich quick, but if not let us learn together to find a consistent level of accuracy of 90%

sachin
2011-11-15, 10:43 PM
I think 1 minutes and 5 minutes chart only good for scalping and it may observe but not good if we want to trade short or long but necessary for scalping. anyway its good you see the price action and do technical analysis before enter the trade.

bhanu
2011-11-16, 08:47 PM
All traders have been advised that follow the rules and stick to the fundamentals, do not take the risks and trade with caution. Yet how many of them do actually follow them and that is the reason many suffer loss either in the starting or after they have made some profits.

arihant
2011-11-17, 06:42 PM
Yes sl minimizes our losses because we lose only a part of money that is fixed instead of getting mc in case trend is reversed or market moves against us.

arihant
2011-11-17, 07:01 PM
Its also good because when you have a good signal and about 99% chances of hitting tp than it doesn't matters if you put sl or not because in any case your trade is gonna hit the tp.

sanjeev
2011-11-18, 01:30 PM
फिर हर व्यापारी के लिए विदेशी मुद्रा में प्रवृत्ति है जो उसे लाभ कमाने के लिए और मदद के लिए विदेशी मुद्रा में सफल हो जाएगा के बारे में सटीक anaylsis करने में सक्षम होना चाहिए. तो हर कोई सटीक विश्लेषण के उत्पादन की तकनीक सीखना चाहिए

hiren
2011-11-27, 10:49 PM
I think 1 minutes and 5 minutes chart only good for scalping and it may observe but not good if we want to trade short or long but necessary for scalping. anyway its good you see the price action and do technical analysis before enter the trade.

nikhil
2011-11-28, 11:16 PM
most of traders use stop loss include I personally use a stop loss as this to keep the movement as a sudden we can not expect a lot of taps that move the markets affect the market we do not know

atif58
2011-12-14, 08:41 PM
Great ! very impressive and informative thread. This will be very helpful advice for a newbie. Some more things are there that should be keep in mind and that are:- Follow money management rules, control the emotions and always do your own analysis.

bakhtnaseeb
2011-12-14, 09:45 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

wooo app ne to kafi he achi post ki ha waqai he esko parrh kar main kafi kuch seekha houn or ye bhi andaza ho gaya ha main roz roz kn kn c ghaltiyaan karta houn or 5 no wala rule to main aksar he torta houn roz new rule banata houn or roz he us ko torta houn ab ek he rule banaoun ga or us par hw aamal karoun ga

vikas
2011-12-21, 08:41 PM
usually the new ones is the most difficult group to pay attention to the advice given by many experience traders. All they care is winning and how to get profit. When greed and lack of knowledge combine, you'll get a bunch of ignorance traders.

aniket
2011-12-22, 11:59 AM
All traders have been advised that follow the rules and stick to the fundamentals, do not take the risks and trade with caution. Yet how many of them do actually follow them and that is the reason many suffer loss either in the starting or after they have made some profits.

vikas
2011-12-23, 01:20 PM
most of traders use stop loss include I personally use a stop loss as this to keep the movement as a sudden we can not expect a lot of taps that move the markets affect the market we do not know

vikas
2011-12-23, 06:06 PM
it could be like that because of this locking technique is part of the Traffic and merchants to open a position here in requiring good analytical skills

nikam
2011-12-23, 07:12 PM
if you have the ability to analyze with accuracy of 99% I think it was a very nice fellow as far as I know accurately only 80% of profit that was to be consistent

nikam
2011-12-25, 03:30 PM
The best way to overcome is to use a locking system,
so that we can determine the area to unlock the next.

furiya
2011-12-25, 03:41 PM
I did not catch you,
if we are already locked position, wherever the price goes, our losses will not increase or decrease.
My strategy is to determine the area snr, a region that is usually the price bounces.

jadhav
2011-12-26, 06:10 PM
Well, I really appreciate your points. They are extremely good. If one trader makes good use of above points, then it will not take long for him/her to become one of the successful traders in this forex business.

nirale
2011-12-27, 10:53 PM
roj trade karna koi buri baat nahi hai par over trade karna bura hai, aur jab aap friday ko bhi trade karte ho toh usi din close kar doh toh acha hai kyuki apko guarantee nahi rehti ki monday se apki position sustain rahegi ya for gir jayegi, aur itna trade karne ke badh thoda brake bhi lena acha hai to freshen up and cool the mind

barmanitrade
2011-12-28, 12:24 AM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

thank you my dear am real found this post is very useful because it help us to understand the forex trading more and more and grownup my experience of forex trading thnak you my dear friend for this good post

muhammadatif
2012-01-05, 01:17 AM
Thanks for searing very informative points for trading. I am new trader and doing practice on demo account nowadays. I will use these information in my trades in future.

anubhavsingh
2012-01-06, 08:14 AM
the first thing that i ever do is i seek God intervention,He everything and can never do anything without Him. The other thing i do is i check and learn from the previouse tradings. I also make sure i understand. I pull charts and study them,history. I then load heiken ashi just to understand if the market is moving up. I then my trades. Then check where take profits and stop loss are. If it does not close and dont trust the market.,i just close them myself.

me apke strategy sesehmat hon hon
agar aapko apne analyses pe aur study pe bharosa hai to apko pani deal ko amnully close karne ki jagah usko take profit tak jane dena chahiye..
aise hi aapko seekhne ko milega aur apko pata chalega ki kaha galti kar rahe ho aur kya changes karne chahaiye trading karte waqt

twinkling star
2012-01-13, 01:50 PM
trading rules ko must follow hi kerna hai. and sub say important think k chart ki sahi sa understanding to jaroori hi hai but ap ko daily and each moment ki market news ka sahi sa pata hona sab say jiyada jarori hai.as currency pair ki demand and supply k baray main for which pair you are analyzing.

prem
2012-01-13, 11:15 PM
your first point says it all.the news must be respected and listened to on a daily basis.people ignore the use and consult only technical analysis when they trade and they are usually slaughtered by major news events.

zeghbadrahem
2012-01-13, 11:32 PM
you are right i am agree with all what you said us i think tht when all the trader read this rules beleive me they never lost for example when you see that the trend will go up you should never sell enter just with the bying etc and you should also keep in your strategy and dont change it at all

lax
2012-01-15, 03:19 PM
the first thing that i ever do is i seek God intervention,He everything and can never do anything without Him. The other thing i do is i check and learn from the previouse tradings. I also make sure i understand. I pull charts and study them,history. I then load heiken ashi just to understand if the market is moving up. I then my trades. Then check where take profits and stop loss are. If it does not close and dont trust the market.,i just close them myself.

shinde
2012-01-15, 05:04 PM
All traders have been advised that follow the rules and stick to the fundamentals, do not take the risks and trade with caution. Yet how many of them do actually follow them and that is the reason many suffer loss either in the starting or after they have made some profits.

It is only when they understand and look for the mistakes they become good as well as profitable traders.

zoomfire
2012-01-15, 05:48 PM
yes i agree.If we are trading in low TF like 5m or 15m we should close all our trades prior to news release.
but if we trading with big TF we can gain the mass movement of the forex by the news release by predicting correctly before the release.

manoj
2012-01-22, 03:37 PM
every buisness has some rules that a person must follow to become successful in it . likewise forex has also some rules that the traders must follow to become achieve success in it and every traders must follow this 7 rules

hindlekar
2012-01-22, 03:55 PM
ya every trader must be able to do the accurate anaylsis about the trend in forex which will help him to earn the profit and to become successful in the forex. so everyone must learn the technique of producing accurate analysis

nanda
2012-01-22, 07:29 PM
most of traders use stop loss include I personally use a stop loss as this to keep the movement as a sudden we can not expect a lot of taps that move the markets affect the market we do not know

sid
2012-01-23, 10:32 PM
I did not catch you,
if we are already locked position, wherever the price goes, our losses will not increase or decrease.
My strategy is to determine the area snr, a region that is usually the price bounces.

indianforex
2012-01-23, 11:49 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
very and informative post friend.it will be useful for every beginner for doing the forex market correctly and successfully.keep this in your mind before trading.try to make use of it.get it into your mind and trade successfully

prem
2012-01-29, 11:18 AM
your first point says it all.the news must be respected and listened to on a daily basis.people ignore the use and consult only technical analysis when they trade and they are usually slaughtered by major news events.

forexman
2012-01-29, 11:26 AM
setting stop loss and take profit are one of the most important rule of forex trading..
These tools help you in minimizing your loss and you can feel a bit relaxed if you are away from your screen..

i think you are right and stoploss is one of the main tool to cut our losses and also we have to look through charts and trade carefully and we must have to control our emotions and over trading

sonia
2012-01-30, 08:22 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

i am 100% agree with you. these are the syntoms of a discipline trader. and we find rarely a discipline trader loose their money. so, we have to be disciplined enough to become successful.happy trading

nilesh
2012-02-04, 02:00 PM
ji bohot say traders may nay khud aesay daykhain hain jo waisay to kari achi trading ker laytay hain, laykin new per dihaan na daynay ki waja say wo maar kha jaatay hain or loss ker bhaythtay hain.

alam
2012-02-05, 04:48 PM
Locking system is the same thing as hedging. If you are not experienced in the resource of hedging, then it can be quite bad for your trades. You will need to know precisely when the prevailing trend has stopped so that you can effectively unlock the hedge and watch the profits roll in.

shinde
2012-02-06, 04:58 PM
Great ! very impressive and informative thread. This will be very helpful advice for a newbie. Some more things are there that should be keep in mind and that are:- Follow money management rules, control the emotions and always do your own analysis.

nilesh
2012-02-08, 08:34 PM
Thanks for searing very informative points for trading. I am new trader and doing practice on demo account nowadays. I will use these information in my trades in future.

lgarhboularbah
2012-02-09, 12:10 AM
yes you are right brother you give us the best reason for the success at our trading and the importan thing that i think is good for us is to follow just one strategy from my experiement on forex market i think that the best way to get profit is to trade just with one strategy its true that we can not find any profit at first but we will be do next

ishvara
2012-02-09, 05:20 AM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

We as forex traders will always try our best to perform a check on our news sites in order to be able to know the news that is in the market and the one that will still be released into the forex markets.

pooja
2012-02-10, 12:31 PM
I did not catch you,
if we are already locked position, wherever the price goes, our losses will not increase or decrease.
My strategy is to determine the area snr, a region that is usually the price bounces.

vikas
2012-02-12, 03:43 PM
perfect 7 points stated for newbies like me.......thanx a lot......and also not to conclude the frustration and upsetting stuff when we loose........so controlling of emotions will also be one

Morshedul
2012-02-13, 12:26 AM
Great advices i have ever found. I really thank you for your advices. But there are some things you have forgotten to say that are patient, greed and emotions. You will always have to be patient while you are trading. Control your greed and emotions before trading. Or else you will lose money for sure. It is better to practice demo account for gathering experiences.

ermaniso2011
2012-02-13, 10:10 AM
maybe rule number 1 is not that important for traders l think it is only a small detail.the rest is very useful and can be rated as main rules while trading.for scalpers never open a position before important news release.it may kill your account very fast since there will very high volatility and the markets will react very fast.the best way is to stay out at least for 15 min after the news then you can see the trend more clear to join.

anubhavsingh
2012-02-13, 05:35 PM
Great advices i have ever found. I really thank you for your advices. But there are some things you have forgotten to say that are patient, greed and emotions. You will always have to be patient while you are trading. Control your greed and emotions before trading. Or else you will lose money for sure. It is better to practice demo account for gathering experiences.

forex tradres ke liye emotions aur greed sabse bade dushman hote hai kyunki inhi feelings ki wajah se traders sabse zada loss me jate hai aur margin call bhi lag jati hai
isliye har trader ko yahi samjhaya jata hai ki use emotions aur greed pe kaabu rakhte hue trading karni chahaiye taki uska account safe rahe aur usse zada loss na ho

forexbroker123
2012-02-13, 09:29 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

thank you my dear app ne waqai he kafi achi posting ki ha main to app ki post parrh k kafi khush howa houn k ye kafi useful or experine wali sabit hoie ha mere liye wese ager ham es par aamal karin to mere khiyal main to hamarey 90% losses kaam ho saktey hane ek bar phr app ka shukria

kitt
2012-02-13, 09:44 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
yes you are right this is true we have to include the spred in our technical analysis and gain this pip i think it is great to add 3 pip to avoid the loss because the prospect to loss cause of those pip is weak.

wazid201118
2012-02-14, 02:04 PM
Trading is not always good for them who feels tension at the time of trading.Trading may not always give you profits when you make wrong trade.We also should not feel emotion when we are losing our profits.If you watch the daily routine news about trade market u can successful in trading.

donofforex
2012-02-14, 07:16 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
thik thik app ne to waqi h e kafi achi information ham se share ki hane ye to waqah he kafi achi malomat hane ager ham en ko mad e nazar rakh kar he trade karain to phr mere khiyal main to ham ko loss k chance kafi kam ho jain ge or ham kafi profit kamayen ge

sangam
2012-02-15, 08:49 PM
trading based on news will be one of the recomended strategy. having a good habit for reading news before trading will give us a clearer view what's exactly going on and what on the next event will influence the market movement. always one step ahead is good choice.

News trading is both exciting as well as rewarding at the same time. If we have the ability to understand what news is coming out then we will be able to trade and also get the profits. On the other hand if we are unable to understand the impacts of the news then we have to learn more :)

ishvara
2012-02-18, 12:17 AM
it's very good to put a stop loss and Take profit by what you lost your controller and your profit at the same time, so do not try to enter in opposition without the SL and TP.

To set the stop loss and a Take profits is very compulsory in all trades that we are going to open in forex trading. It helps to reduce risks through controlling the amount of losses that we have per time in forex trading.

wolfkamikaz
2012-02-18, 05:43 AM
this is very useful and important information to effectively trade the forex market. traders must always have a good strategy or trading routine to trade the forex market and it is particularly very good to avoid trading during news.

niteshforex
2012-02-19, 06:37 PM
ji bohot say traders may nay khud aesay daykhain hain jo waisay to kari achi trading ker laytay hain, laykin new per dihaan na daynay ki waja say wo maar kha jaatay hain or loss ker bhaythtay hain.

niteshforex
2012-02-21, 01:06 PM
Locking system is the same thing as hedging. If you are not experienced in the resource of hedging, then it can be quite bad for your trades. You will need to know precisely when the prevailing trend has stopped so that you can effectively unlock the hedge and watch the profits roll in.

vikas
2012-02-21, 04:13 PM
फिर हर व्यापारी के लिए विदेशी मुद्रा में प्रवृत्ति है जो उसे लाभ कमाने के लिए और मदद के लिए विदेशी मुद्रा में सफल हो जाएगा के बारे में सटीक anaylsis करने में सक्षम होना चाहिए. तो हर कोई सटीक विश्लेषण के उत्पादन की तकनीक सीखना चाहिए

kameeelforex
2012-02-21, 05:12 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

hnnn app ne ye jo rotine ham se share ki hane ye kafi achi batain hane ager ham en par sakhti se aamal karin too ye waqai he hamreliye achi sabit houn gi or hamri jo loss ki ratio ha kaam ho jaye gi or profitki ratio jo ha woh up ho jaye gi ye sab meri apni soch ha app kiya kehtey ho

miracle
2012-02-21, 09:58 PM
everyday i make commitment to strictly follow all trading rules that i've been set. that's make me reduce my negative emotion in my trading. although some time it's hard to refuse to make open position when the market is in big trend.

anubhavsingh
2012-02-23, 11:48 AM
ji bohot say traders may nay khud aesay daykhain hain jo waisay to kari achi trading ker laytay hain, laykin new per dihaan na daynay ki waja say wo maar kha jaatay hain or loss ker bhaythtay hain.

news ko study karke analyse karna bahut mushkil hota hai jabki technicals ke hisab se trading karna asan hota hai
issi liye kuch traders news ko bilkul avoid kar dete hai aur sirf technicals ke hisab se trading karte hai..aur fir jaise hi koi badi news market me aati hai unhe loss ho jata hai

siddesh
2012-02-26, 07:13 PM
trading based on news will be one of the recomended strategy. having a good habit for reading news before trading will give us a clearer view what's exactly going on and what on the next event will influence the market movement. always one step ahead is good choice.

krishan
2012-02-28, 04:41 PM
i am 100% agree with you. these are the syntoms of a discipline trader. and we find rarely a discipline trader loose their money. so, we have to be disciplined enough to become successful.happy trading

jai
2012-02-28, 05:53 PM
yeh baatein bohot hi achi hein, yeh baatien apna ker acha trader bena ja sekta hey, aur candlestick strategies bohot achi hoti hien aur highly profitable so us ko bhi use kia jaye, her new traders k liye yeh baatien bohot kaam ayein gi

siddesh
2012-02-29, 07:48 PM
Great ! very impressive and informative thread. This will be very helpful advice for a newbie. Some more things are there that should be keep in mind and that are:- Follow money management rules, control the emotions and always do your own analysis.

bambang
2012-03-08, 09:52 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

I rarely trading when there is news. because I do not quite understand the fundamental strategy. I only trade when there is no news. but I think if we can combine technical and fundamental strategies, the results of our analysis will become even better.

etoir
2012-03-08, 11:40 PM
yes this is true you have to be on monitoring before the deal to chose the best enterypoint and in the deal to close the deal if some thing not good will be happen and after the deal to see if there is a new chance to open new one.

abdur
2012-03-09, 12:21 PM
sure friend your advice could come very handy for the beginners and the inexperienced. it can come to be of great help and source of understanding..

riamo
2012-03-09, 03:08 PM
in forex when we found a way to gain profit we will just follow the ma,management and everything will be routine because we have finished our task and we are just working but it is recommended to search for better.

dancer
2012-03-09, 03:46 PM
in forex when we found a way to gain profit we will just follow the ma,management and everything will be routine because we have finished our task and we are just working but it is recommended to search for better.

i think that the first time we enter to the forex we are already find the way to got the profit, but the problem is we can not do it well, we do not know that on the forex is need to having the good psychology inside, so it make us more hard to got the income on this business

xiaotanghao
2012-03-09, 04:01 PM
It is a nice and positive thread,which will teach the traders so much.You see,I have learned so much now.I think I may need to learn more about the stop loss there.If more,I think I still need to make a rule of my own.

netra
2012-03-09, 06:41 PM
jis bhi trader ke pas jitna zada experience hoga, uski knowledge utni hi achi hogi aur wo ussi hisab se market me trade bhi karta hoga
experience ke stah tradres ka loss kam hota jata hai aur profit badta jata hai

tajdarbet
2012-03-09, 07:42 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
thank you my dear jo app ne rotine ham se share ki hane ager ham sahi taran se en par aamal karen to phr es main koi bhi shak nahi ha k ham apni her open deal main profit hasil karen app ka ek baar phr bahot bahot shukriya

sachin
2012-03-10, 01:19 PM
ji bohot say traders may nay khud aesay daykhain hain jo waisay to kari achi trading ker laytay hain, laykin new per dihaan na daynay ki waja say wo maar kha jaatay hain or loss ker bhaythtay hain.

sunil
2012-03-10, 08:43 PM
i am 100% agree with you. these are the syntoms of a discipline trader. and we find rarely a discipline trader loose their money. so, we have to be disciplined enough to become successful.happy trading

chetan
2012-03-11, 04:37 PM
I think if you adopt any strategy after long time then you should not change it frequently and you should try to adopt this strategy for long time to get the excellent results of this strategy. if you will try for some new strategy then it will take some time to adopt new one.

chirayu
2012-03-11, 09:02 PM
ya every trader must be able to do the accurate anaylsis about the trend in forex which will help him to earn the profit and to become successful in the forex. so everyone must learn the technique of producing accurate analysis

sachin
2012-03-14, 01:26 PM
Locking system is the same thing as hedging. If you are not experienced in the resource of hedging, then it can be quite bad for your trades. You will need to know precisely when the prevailing trend has stopped so that you can effectively unlock the hedge and watch the profits roll in.

newentry
2012-03-14, 09:57 PM
good points and i agree with it but i think some traders have their own habit before and after trading too, and for me, i just want to place myself at a good condition then i can trade with good mood..then with it i can see the market with clear, no burden and think with free, i want to make simple

patil
2012-03-21, 05:17 PM
news ko study karke analyse karna bahut mushkil hota hai jabki technicals ke hisab se trading karna asan hota hai
issi liye kuch traders news ko bilkul avoid kar dete hai aur sirf technicals ke hisab se trading karte hai..aur fir jaise hi koi badi news market me aati hai unhe loss ho jata hai

rakesh
2012-03-24, 01:16 PM
I think 1 minutes and 5 minutes chart only good for scalping and it may observe but not good if we want to trade short or long but necessary for scalping. anyway its good you see the price action and do technical analysis before enter the trade.

sagar
2012-03-25, 04:32 PM
Nice information you have provided and its must that traders should keep in mind as these are the rules that will help traders to make profitable trades and exist signals.

anitagala124
2012-03-26, 02:18 PM
good points and i agree with it but i think some traders have their own habit before and after trading too, and for me, i just want to place myself at a good condition then i can trade with good mood..then with it i can see the market with clear, no burden and think with free, i want to make simple

jai
2012-03-27, 10:32 PM
Another important thing what i feel as that if any traders want to take profit from the market momentum,they should watch the trading market frequently and monitor the trading pairs well to grab all the opportunities.A good fundamental and technical analysis is a must .Though all the tips mentioned above are really very useful.

Amitab
2012-03-28, 05:50 AM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

You have presented your subject my brother, but to get to make a good profit, you must control your emotions, and try to make the negotiation when the market is dynamic, and the most important thing in history is to stay positive after a loss, and do a check in your trading method to recover your losses.

AhmedHA
2012-03-28, 06:36 AM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

Very nice and important tips to follow , and I'd like to add something which is the well-managed capital , It is necessary to determine stop loss and take profit options before enter a transaction , It will be useful and helpful to us , especially who are beginners .

anitagala124
2012-03-28, 01:56 PM
Its also good because when you have a good signal and about 99% chances of hitting tp than it doesn't matters if you put sl or not because in any case your trade is gonna hit the tp.

darksaimon
2012-03-28, 02:16 PM
you are parcel and you fix is ripe. I requirement to add that before trading crunchy your manage . and always criterion emotion. tolerate a fern after a doing few insolvency or success change. and feature the marketplace interestingness regular.

miracle
2012-03-28, 08:14 PM
Always trade in the direction of the trend. That is one good thing about this market if you can master the skill in analyzing trend formation you can easily spot a new trend forming and ride it....bigger profits will await you in the end.

there is no doubt that trend is trader best friend. what i do everyday is reading economic calender and make sure there is no big news happen on that day. normally i will skip trading if there is once.

Maham Gill
2012-03-28, 08:24 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
nahi bahi 7 day dayily kam agr kanra ga to bus phair kam ho ga humara is lay ap daily kam karo or both sara profit kamao agr hum dayily kam karta hon to huma be btoh sara experience ho ja ga our hum be both sara profit hasl karan ga

Nabi Ahmed Gill
2012-03-31, 11:47 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
forex trading main daily routine main man abi tak post kar raha hoon main na abi tak koi profit hasal ka abi mujha chanad din he heoa han is kam main aya hoa is layia main na koi profit hasal ka or main na bai tak trading nahi ke is layia main ya nahi bata sakta ka main na katini trading ke ha.

Marcs
2012-04-01, 02:10 AM
I think that the news must be respected and listened to on a daily basis. People ignore the use and consult only technical analysis when they trade and they are usually slaughtered by major news events...

rahul
2012-04-04, 11:39 PM
every buisness has some rules that a person must follow to become successful in it . likewise forex has also some rules that the traders must follow to become achieve success in it and every traders must follow this 7 rules

ritesh
2012-04-05, 12:44 PM
ya every trader must be able to do the accurate anaylsis about the trend in forex which will help him to earn the profit and to become successful in the forex. so everyone must learn the technique of producing accurate analysis

waqtitrader
2012-04-06, 01:09 AM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

thank you my dear app ne wai he kafi achi post ham se share ki ha kioun k main aese he post ki talash main rehta houn jis mainmughko forex trading k mutaliq mazeed knowledge hasil ho es liye main to forex trading main aese malomat ki talash main hota houn app ki akhri baat mugh ko kafi achi or mufeed lagi ha

waqarme2
2012-04-06, 01:14 AM
i agree with u mere bhai mere khayal se ap ne kafi time se is forex trading ko start kia hua isliye ap ka tajruba mujhe zyada lag raha hai mere bhi koshish hai kay main bhi yehi routine apnao. thnx

gava
2012-04-07, 10:14 PM
Thanks for searing very informative points for trading. I am new trader and doing practice on demo account nowadays. I will use these information in my trades in future.

rahul
2012-04-08, 01:16 PM
yes i agree.If we are trading in low TF like 5m or 15m we should close all our trades prior to news release.
but if we trading with big TF we can gain the mass movement of the forex by the news release by predicting correctly before the release.

rahul
2012-04-08, 05:22 PM
i am 100% agree with you. these are the syntoms of a discipline trader. and we find rarely a discipline trader loose their money. so, we have to be disciplined enough to become successful.happy trading

avi
2012-04-14, 02:00 PM
ji bohot say traders may nay khud aesay daykhain hain jo waisay to kari achi trading ker laytay hain, laykin new per dihaan na daynay ki waja say wo maar kha jaatay hain or loss ker bhaythtay hain.

michael
2012-04-16, 01:36 AM
I am there is a group of Tr as experienced in trading. When I'm sick or busy, use rolling robot. But traffic I am with the opening of stock market price for cash. But provided with the entry of a large number of traffickers. So I can study guide market., And also to the contraction and expansion of the candle. And folk accounts analysis, both in the process of buying or selling. Then set a point to take profit and stop-loss point. And then directly enter the circulation.

wazwaz
2012-04-16, 02:05 AM
Tips and instructions are very beautiful and thank you for this, which I liked a lot is because the forex is to learn want to learn a lot from not moving away from the podium a lot to be able to succeed in Forex

Morshedul
2012-04-16, 02:09 AM
Thanks alot for sharing 7 days rule that we must carry out for forex trading. Basically i have no routine for forex and i dont even know in which time i should trade or which time is the best time for trading forex. But from this forum and from your post, i have learned lots of things that i have never forgot.

Forexboy
2012-04-16, 08:48 PM
This is the truth the most novice traders are afraid of losing money, and they want kept a steady profit and they expect the price back and finally they win. But in fact sometimes turn prices, sometimes to advance and beginners are afraid of this market volatility.

sumonmia0526
2012-04-16, 09:43 PM
i think the most important is rules no.4 always follow the rules that we have set. discipline is the key to success in forex trading. don't ever get destructed by short term emotions.

sometimes the discipline not even work ..i think luck also needed sometimes to win the trade .proper money management of account can save and having chance to recover any amount of loss and setting TP and SL is mandatory for most of the trader

iwan
2012-04-17, 06:01 PM
Thank you guys, because this business can only be done by skilled people. but that does not mean everyone can do it, just that we need a stock as our capital to do so.

bhai
2012-04-18, 02:16 PM
maybe rule number 1 is not that important for traders l think it is only a small detail.the rest is very useful and can be rated as main rules while trading.for scalpers never open a position before important news release.it may kill your account very fast since there will very high volatility and the markets will react very fast.the best way is to stay out at least for 15 min after the news then you can see the trend more clear to join.

moti
2012-04-19, 08:44 PM
yes you are right this is true we have to include the spred in our technical analysis and gain this pip i think it is great to add 3 pip to avoid the loss because the prospect to loss cause of those pip is weak.

regu
2012-04-22, 10:30 AM
The position floting loss until the weekend and it makes the weekend I became uncomfortable.If you are not disciplined to do then you should have good money management .The forum that will be more beneficial in forex career. You can take rest as your deals with always remain with in your margin.Traders can earn huge profits in short span of time if they trade during news hours.

naziafarhan
2012-04-22, 12:33 PM
Thanks for your post your post contains valuable informations that a trader must follow. I am going to follow the rules in my trading. Thanks for your post please keep them coming so that we can learn more from you.

joget
2012-04-22, 01:46 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

That's very important information to the attention of every trader, whether newbie or experienced. especially for point No. 2 and 4.
# a trader should prepare well in advance of trading activity. make yourself relaxed and comfortable before trading, it is helpful to control your emotions when trading.

tashnotashi
2012-04-22, 04:16 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

han gi app ka bahot bahot he shukriya jo app ne itniachey rules ham se share kiye hane main to kafi khush houn en se main to 7 no ka rule read kar k kafi acha feel kar raha houn ye kafi achi baat ap ne batai ha

tarun2305
2012-05-05, 05:41 PM
yes ye 7 rules jo bhi follw karte hain unko trading me kabhi problem nahi aati hai lekin maine dekha hai jo naye traders hote hain wo trading bina kisi rules ko folloow karte huye karte hai isse unko kabhi kabhi profit hita hai lekin mostly loss hi hota hai

got2luvyou25
2012-05-09, 09:50 PM
mere khayal se ye sab point barabr hai i agree with you aur trading main stop loss aur take profit bhi bahut important rule hai.hum isase apna balance safe kar sakte hai

i think stop losses is has more worth why because mere kihyal se jeb hum market main stop losses de dety hain to humhien kafi had tek mentally toor per itne strong ho jatey hain k humhien pata hota ha k market kahan or kaise move kerne wali ha or ager na b humhare favor main move kari gi to humhien bade olosses se ko face nahi kerna hoga

raka999
2012-05-10, 10:52 AM
yes 100% agree with you and along with these important rules before open an order trader should also check the support and resistance and news releases of that currency pair to avoid the huge losses
you are right, sometimes we only see from the technical analysis only. whereas, the fundamental news is very influential on the price movement. often, the analysis that we make good, already after the rules, will be destroyed by high-impact news.

waleedkhan
2012-05-11, 03:47 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

daily routine may hum kafi achi trading karah sakta hain agar hum jo chata hain aur hum kafi achi use karah sakta hain aur hum jo chata hain woh karah sakta hain is say hum acha profit hasil karah sakta hain

hitesh
2012-05-13, 08:00 PM
Nice information you have provided and its must that traders should keep in mind as these are the rules that will help traders to make profitable trades and exist signals.

hamadmuneer
2012-05-13, 08:07 PM
Setting stop loss and take profit are one of the most important rule of forex trading..
These tools help you in minimizing your loss and you can feel a bit relaxed if you are away from your screen..

yes brother stop loss aor take profit bohat important hain na trading main
main pehly kabhi be isa nahi samjhta tha stop loss kabhi be nahi lagata tha
par aik 2 baar acha khasa loss hua to ab hamisha he stop loss zarooor lagata hoon

sumonmia0526
2012-05-14, 09:16 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

it's the important thing when u have know the news time ..but actually this is not so easy to point our the news time ..if we really know the news then we can go with news for making quicker profit ..news are coming suddenly and it stay for few min and it shows it's character during that time and then market going average

kapil_chemical_07
2012-05-14, 10:36 PM
You are right and I am completely agree with you brother.It is very helpful post for all kinds of forex trader new or old.Everyone should follow the instruction for success trading.The post should be sticky.Best of luck.

zeshan
2012-05-23, 08:30 PM
very nice and good post dear but the traders don t work on the above advise they trade just the earning but the don t understand the market trend i think it is the best for the traders if they follow it

aamu
2012-05-27, 07:41 PM
yes i agree.If we are trading in low TF like 5m or 15m we should close all our trades prior to news release.
but if we trading with big TF we can gain the mass movement of the forex by the news release by predicting correctly before the release.

forextrader38
2012-05-27, 08:28 PM
Good thread for newbies. You are right, and you have a good point. I would add that the market will be displayed on the mind fresh. Always and control emotions. When the store is a success or failure of some sort off. And market news, read a daily basis.

rathod
2012-05-28, 02:38 PM
Nice information you have provided and its must that traders should keep in mind as these are the rules that will help traders to make profitable trades and exist signals.

nonprado
2012-05-28, 10:52 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

fellow patient is indeed the risk if we do not have clear rules when we have a large mines plot when the plot minus when it happens we have to create or define an SL or cut loss

shemozz
2012-05-30, 07:50 AM
7 points to the success of any good trader should be employed during routine daily trading .. I think that the use of stop-loss is also necessary for success in trading and the preservation of capital loss .. As well as the use of technical analysis and indicator is a good thing for any trader

saviour196
2012-05-30, 08:00 AM
Thank you very much for sharing this important information on the forum it is really helpful for and specially for beginners if traders implement these habits in their routine they will succeed in the trades they open and will lessen the risk.

ernestina
2012-05-30, 05:06 PM
I did understand before about including of spread in our daily trading target until now. I now know that if I do not include the spread value then my profit target will be reduced or my stop loss might get hit before time. Thank you for these tips.

yogesh
2012-05-30, 07:53 PM
I find three most important task before trading - looking at chart under stand the mraket, find an opportunity, look for news and have a trade plan and act on the plan.

purohit
2012-05-31, 12:43 AM
every buisness has some rules that a person must follow to become successful in it . likewise forex has also some rules that the traders must follow to become achieve success in it and every traders must follow this 7 rules

joru
2012-05-31, 01:07 AM
ya every trader must be able to do the accurate anaylsis about the trend in forex which will help him to earn the profit and to become successful in the forex. so everyone must learn the technique of producing accurate analysis

brutu
2012-05-31, 11:49 AM
Big thread for beginners. You are right, you have a good show. Before I deal fresh in your mind that you want to add it. Always control your emotions. Braking after the trade from some of the failures or successes do. Please read the daily news of the market.

aarti
2012-06-09, 01:14 PM
Very nice tips it is very useful for trader. I think most trader should learn this tips. I also think if trader follow there rules strictly then trader have more chance to win there trade.

anwar
2012-06-10, 06:49 AM
Locking your deals is the bestr trading strategy and we must follow it completely..
Locking you deals means you should adopt stop loss and take profit tool in your deals and after doing this,
you can take rest as your deals with always remain with in your margin..
various traders do not use stop loss as they do no beleive in loosing money but this strategy should be adopted

djsaif
2012-06-20, 01:44 PM
I imagine 1 proceedings and 5 minutes chart only tech for scalping and it may keep but not saintlike if we necessity to class dumpy or overnight but indispensable for scalping. anyway its near you see the toll spreading and do study reasoning before succeed the business

isbhacker
2012-06-20, 05:11 PM
This post is very useful for all traders.I always forget to add spread to my stop loss and I will try to make it habit from now on.I do all others thing well and the must do is exit trade at high impact news that can cause your trade trouble.

aina
2012-06-24, 05:57 PM
I think that the best way to start with the trading on the daily basis is to look for the levels that the prices have reached and further look for the resistances and the supports if it has touched then after jump into the trades.

rasel
2012-06-30, 10:41 PM
great thread for newbie. you are right and you point is good. I want to add that before trading fresh your mind . and always control emotion. take a brake after a doing some failure or success trade. and read the market news daily.

farhannasir
2012-06-30, 11:34 PM
excellent line for beginner. you are right and you factor is excellent. I want to add that before dealing clean your thoughts . and always management sentiment. take a braking mechanism after a doing some failing or achievements business. and study the industry information everyday.

taufiqbd
2012-07-01, 02:01 AM
I think a trader have follow some rules that help him to success
1. Control emotion
2. Trade with analysis
3. Use portfolio Investment
4. Built own strategy
5. Do not use robot and Indicators

william88
2012-07-02, 03:12 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

Good tips for traders..
we must do it consistenly,and do it without fear and greed..this way u can be succesful traders..

good tips for traders.. anWe must do it consistenly

isbhacker
2012-07-02, 03:12 PM
You explained well .We should always use Stop loss in trades and always stick to your plan.You made some good points like exiting trade at high impact news I really want to do all of that from now on.

skboyra
2012-07-02, 03:54 PM
this seven routine is very much necessary for an efficient investor to remind it always before investment. a good investor is who always avoid the emotion and the market rumor at the time of investment and always give priority to his own techniques.

Ben Jones
2012-07-02, 03:56 PM
I am agree that we should only go with the trend direction . if we trade against the trend we will lose to much money even if we go for short time frames with scalping pips

redlion
2012-07-02, 04:08 PM
thank you very much for the post. it teaches us new commers what to do what not to do. advice and guidance of experienced traders like u are always welcome. although i have been doing some of the things that u have mentioned i havent taken in to consideration things like including the spread of the currency pair in to the stop loss. that is something i will do in the future. thanks again.

ayakcalysta
2012-07-03, 09:31 AM
Yes discipline is very important for forex trading business.Without discipline we can not success in our business.Not only forex trading but also our life we can success for it.

indeed sir, I agree with you that discipline is important in our trading business. in addition to our discipline must also be diligent and patient in the trading business. if we can run it then we will become a success in the run trading.

room
2012-07-06, 12:52 PM
Forex market may ye to hota hi rehta hay, koi bhi perfect nae ho sakta, kabhi kabhi take profit kay bilul pass jaa ker price stop loss hit ker jaati hay. or kabhi SL kay qareeb say ho ker take profit per chali jaati hay, agar to app apni trade per full time reh saktay hain to phir apnay SL ko BE per ker lia karain, jab price kuch pip aap ki favor may chali jaey.

mehmoodkhan0345
2012-07-07, 08:21 AM
bohat hi achi information likhi hai ap ne bhai sahab. is hisaab se chalain to humain kafi faida hoga.

cozard007
2012-07-07, 02:05 PM
Above all the dos and don`ts in forex trading , the thing i don`t like is if trader is not disciplined, discipline is the best give a forex trader can give to himself..

sad
2012-07-07, 05:50 PM
Locking system is the same thing as hedging. If you are not experienced in the resource of hedging, then it can be quite bad for your trades. You will need to know precisely when the prevailing trend has stopped so that you can effectively unlock the hedge and watch the profits roll in.

sumon khan
2012-07-10, 01:28 PM
pehle routine jo tha aj to alag hoga hi paar suggest kiya hua haar kaam abhi sahi karika se nehi hota hein paar i hope agey jake kar paunga. thanks.

solidperson
2012-07-12, 12:25 AM
number 3 always exit before news released ..i have always confusion about news ..i don't know when it will comes actually ..it just released suddenly and vibrate the market heavily and we should aware of it ...

VS89494899
2012-07-13, 09:57 PM
its a great post for newcomers and also for the old ones to be remembered the rules. often we forget these in the pressure and tension of trade. i will save it and try to look at it at least one time before trading. :P

lagarfeld
2012-07-14, 12:04 AM
Nice post but personally I work more on instinct and self-teaching so I'm not going to follow strict steps to make my forex trading it kills the excitement of it in my opinion.

Jenny
2012-07-14, 12:13 AM
yes you are right that moment because here we all trade should follow different rules. I think that there are many rules of trading that should be maintained.

badar
2012-07-14, 12:44 AM
This is a good piece of advice for the day trading. I like to have the sayings and the suggestions in short and the precise format. As I am of the view to follow the trades with a better opinion of trading.

faial
2012-07-14, 01:17 AM
thank you for the useful information i think that that the forex need a lot of advice from the expert traders and you share us really good idea to trade successfully in the forex, from my expriememtn this market need a lot of experience and always a good prediction of the trend line

deepak
2012-07-14, 12:59 PM
Forex market may ye to hota hi rehta hay, koi bhi perfect nae ho sakta, kabhi kabhi take profit kay bilul pass jaa ker price stop loss hit ker jaati hay. or kabhi SL kay qareeb say ho ker take profit per chali jaati hay, agar to app apni trade per full time reh saktay hain to phir apnay SL ko BE per ker lia karain, jab price kuch pip aap ki favor may chali jaey.

gaga
2012-07-14, 06:52 PM
while trade, and to hold losing trades, is the same as looking for water in the desert, our low-to-account balance, StopLoss setting, if is to trade in particular believe that the best way for my hat and not have to try to keep going, gone

mcceducation
2012-07-14, 07:09 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.


thank for your post, because the post help all new trader, when the new trader open the trade then they flow the massage. so many many thanks for you good tips. its only my opinion.

deepak
2012-07-15, 04:35 PM
Forex market may ye to hota hi rehta hay, koi bhi perfect nae ho sakta, kabhi kabhi take profit kay bilul pass jaa ker price stop loss hit ker jaati hay. or kabhi SL kay qareeb say ho ker take profit per chali jaati hay, agar to app apni trade per full time reh saktay hain to phir apnay SL ko BE per ker lia karain, jab price kuch pip aap ki favor may chali jaey.

golam rabbani
2012-07-17, 01:06 PM
here forum posting better which things help to us i just want to add a concept.which is please think myself and make a decision as a determine man who can do everything from his mind.

Forex oscar
2012-07-17, 01:53 PM
when it comes to the trade on the direction of the trend. this is not a global rule. you need to trade on the direction of the trend only if the trend on its beginning or on its middle but not on its end.

nowsha
2012-07-17, 02:07 PM
I guess 1 minutes and 5 minutes represent exclusive sound for scalping and it may follow but not solid if we require to trade long or short but indispensable for scalping. anyway its neat you see the toll spread and do field analysis before follow the trade.

bonnasaha
2012-07-17, 02:09 PM
this is a nice post for the new investors.if the new investors or traders follow these rules they can easily make profit from forex.thanks for this important post.i am totally agree with you.everybody should have their own trading rules and they must follow it.

antnetwork
2012-07-17, 02:28 PM
This is very good idea of maintaining some weekly basis routine. But we need to follow them until end of any total session. If we do some short term basis then we may carry out after it or if we make some chain trading like close and start basis then we must need to follow all routine for a long.

betarf
2012-07-17, 02:32 PM
for me forex is not a routing forex for me is like a sience every day you learn new things and everyday you descover a new skills, forex for me good way to live and it is not boring and i can not see any routing you are talking about.

pbelim
2012-07-17, 02:38 PM
They are extremely good. If one trader makes good use of above points, then it will not take long for him/her to become one of the successful traders in this forex business. as currency pair ki demand and supply k baray main for which pair you are analyzing.

nabila
2012-07-18, 12:33 PM
hey arjun bro what is your bad experience with it gratify part with us.this is a better thinking.. but many abstraction people the trading rules is hard. ut this give be fitter if we uprise this rules. the sunset promise of this faculty be inform quotidian before and after trading.

chirag111222
2012-07-18, 12:42 PM
wow nice and cool tips hain bhai .
i liked ur last and 3 tip about reviewing your charts at end and markings on chart when this news come in market . yes to exit all trades when this news comes is good for stabilizing but if news is for our profit we must not to be reedy to jump into it recheck all resources and then after verification jump with some best backup plan ;

ahsankhan
2012-07-18, 12:52 PM
1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

kafi achi post ki hai app na aur kafi informative baatain bolain hain app na aur humaya chiya kay hum is ko follow karain jo app na likh hai aur hum aik acha profit hasil karah sakta hain...

leherchand
2012-07-18, 11:06 PM
Locking system is the same thing as hedging. If you are not experienced in the resource of hedging, then it can be quite bad for your trades. You will need to know precisely when the prevailing trend has stopped so that you can effectively unlock the hedge and watch the profits roll in.

vbalan
2012-07-19, 01:25 PM
this seven routine is very much necessary for an efficient investor to remind it always before investment. a good investor is who always avoid the emotion and the market rumor at the time of investment and always give priority to his own techniques

shankar_saha
2012-07-22, 02:32 PM
for me forex isn't a routing forex on behalf of me is sort of a since on a daily basis you learn new things and everyday you discover a brand new skills, forex on behalf of me great way to measure and it's not boring and that i cannot see any routing you're talking concerning.