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arjun
2011-07-22, 01:55 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
depending on the account which we use when we do use compounding account then we will not make a withdrawal, but if we use a special account for the attraction then when we profit, we will pull
mayengbam
2011-07-22, 05:47 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
if my win reach my daily target profit i close trade for the day and if not i would continue trading. And this is a positive post i should say. most of the people are talking about loses in this forum and i like your thread for its talking about winning/profits.
pinpin
2011-07-22, 07:01 PM
of course happy if gain
and I will cease to trade
went on for tomorrow
and do wd if a benefit is quite
zoomfire
2011-07-23, 05:32 PM
i will have my daily plans and targets.After 1trade if i get profit but my target is not reached,i will open another trade.But if my daily target is reached then i will stop trading for the daily.Or if the daily profit is reached and there is another chance to open trade,then i will also do it.It depends upon the market situation.
soumen
2011-07-23, 08:33 PM
agar aap kuch accha trding ki ho to thoda rukke ohir rught entry point tak ruke. aur agar aap loss kar rahe ho to aap usdin trade bandh karde. or ho sake to 4 5 ghante baad phir right ebtry point dhunde.
vicky
2011-07-30, 12:30 AM
I think I will stand on the trading of the market on that day if I could that I would bring profit is required of me on that day or the percentage you have set for myself in the day
exactly correct . i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.
ganguly
2011-07-31, 05:42 PM
depending on the account which we use when we do use compounding account then we will not make a withdrawal, but if we use a special account for the attraction then when we profit, we will pull
venkiaries61
2011-08-14, 08:10 PM
i will immediately withdraw the profit and wait for 7 hours to come dollar in my liberty reserve account then again i will start trading
I think its very very good method in Forex. Because, if we make any profit. We may lose that on the next trade. If we follow your idea. We may able to get profit and also wait for the trend.
james
2011-08-14, 09:13 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
well i would set another trade after doing the study of the pair den wil wait until it profits but i would not wthdraws so soon wil do it only after i get gud amount to wat ever i want
soumen
2011-08-15, 02:07 AM
i will immediately withdraw the profit and wait for 7 hours to come dollar in my liberty reserve account then again i will start trading
par agar aap aisa karte rahe to aapke main balance kam hota jayega. aur aap isse bare profit ki haqdar nehi honge.
agar kisike balance jyada ho to sabse jyada fyda use hote he trade karne me. isliye to sabhi apna balance barate he. withdraw to aap phir kar sakte he.
mayengbam
2011-08-15, 10:41 AM
par agar aap aisa karte rahe to aapke main balance kam hota jayega. aur aap isse bare profit ki haqdar nehi honge.
agar kisike balance jyada ho to sabse jyada fyda use hote he trade karne me. isliye to sabhi apna balance barate he. withdraw to aap phir kar sakte he.
in my opinion too, its better to accumulate the profits and increase the balance. and not to withdraw for few dollars every now and then. i withdraw $100 at a time
Victoryindia
2011-08-15, 04:13 PM
ye ek bahut achi strategy hai
new traders ko is strategy ko hamesha folow karna chahaiye
ek trade closek arne ke bad dusre trade ko khone se pehle poori study karni padti ahi aur jaldbazi me koi trade nahi kholna chahaiye
ha bhai revenge sabse bada enemy hota hai traders ka, jab bhi hum loss kare wo din trading na kare to hi acha hoga kyunki humare dimag me loss to recover karna ka man aayeaga aur hum big lot size used kareage
bachchan
2011-08-24, 02:43 PM
i keep trading even i got good profit because maybe that day is good for me, so i dont stop and do trading till i sleep or my position go against me
every people has different story and different strategy. I will stop trading if my target is completed, so I will avoid myself from over trading. over trading is not good, it will lead to loss. that's why I hate over trading.
gosians
2011-08-24, 02:59 PM
i keep trading even i got good profit because maybe that day is good for me, so i dont stop and do trading till i sleep or my position go against me
Its not good according to my opinion. You need to set your daily profit limit and should try to achieve that limit. Don't try to do over trading if you already reached on that limit. I personally set my daily profit limit and don't over trade.
Rohail
2011-08-24, 03:07 PM
It depends on the condition of market also on my profit, if the profit is enough for me then i will not trade more, if i want some some and conditions are good to enter again then i will prefer to enter again, we can't make money daily in forex some times we had loss and some days we have a little one, so if conditions are good then i will prefer to trade more.
sanjeev
2011-08-29, 07:11 PM
depending on the account which we use when we do use compounding account then we will not make a withdrawal, but if we use a special account for the attraction then when we profit, we will pull
wow means you use a lot of trading account if you divide the account type you have, and I we you are a merchant who was able to generate profit?
sachin
2011-09-03, 10:41 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
depending on the account which we use when we do use compounding account then we will not make a withdrawal, but if we use a special account for the attraction then when we profit, we will pull
netra
2011-09-04, 02:39 PM
i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.
akshayfuriya
2011-09-04, 04:56 PM
ye ek bahut achi strategy hai
new traders ko is strategy ko hamesha folow karna chahaiye
ek trade closek arne ke bad dusre trade ko khone se pehle poori study karni padti ahi aur jaldbazi me koi trade nahi kholna chahaiye
Jazpa
2011-09-08, 06:10 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
I trade with certain target. I usually set my target clear. I target for certain pips lets say 20-25. Then when I get that pips, I close that account. I never let my greed hamper my trade. I could take more pips but I don't want to risk that pips in greed of making few more. I am always rigid with my plans and that is what making me perfect in forex trade.
ishvara
2011-09-08, 07:51 PM
Depending on your plans or daily target, the trader will either open more trades or stop trading. We all have our own MM policies and trading discipline rules and abilities.
dario10099
2011-09-08, 08:12 PM
to get profit in forex trading is much easy but you must learn about management, so management is very vide topic and learning about money management is too nacessary
chirayu
2011-09-08, 09:06 PM
i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.
sunil
2011-09-10, 01:34 PM
depending on the account which we use when we do use compounding account then we will not make a withdrawal, but if we use a special account for the attraction then when we profit, we will pull
angakhoo
2011-09-10, 02:08 PM
when the perceived profit that I got today is enough, I will immediately close the metatrader.
if today is psychologically disturbed me and my loss, then I'll shut metatrader too.
These things I do to train the discipline
chirayu
2011-09-13, 10:33 PM
i will immediately withdraw the profit and wait for 7 hours to come dollar in my liberty reserve account then again i will start trading
mohalia
2011-09-14, 02:40 AM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
depending for the account if i have abig balance i can make hedje or ather option to clos all order
for me i don't use stop loss end i close all order in the same day in profit or loss
ishvara
2011-09-14, 08:07 PM
chirayu, Yes, it is important to stop trading forex immediately that a forex trader manages to get their desired trading results in forex exchange trading. I also do that to avoid any regrets in my trading in case of losses that might come.
Ronak
2011-09-14, 08:42 PM
i think we should trade in daily target basis..afterward reaching desire level we should withdrar...i also do the same..and we should keep some capital reserve for future ,,,if we get loss then it can help
nuh514
2011-09-14, 10:17 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
Yes I have taken lot of positions and many of them remained successful and earned profit. But it does not mean that all positions remained successful. There are some also positions that failed to earn profit and give me losses.
loserbynature
2011-09-15, 12:42 AM
i will immediately withdraw the profit and wait for 7 hours to come dollar in my liberty reserve account then again i will start trading
I like your idea because if we don't withdraw our profit we can lose it so it's a very good idea to withdraw your profit on daily or weekly basis.
dmambi
2011-09-15, 07:23 AM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
When i get profit first thing i feel is Happy:yahoo:
And i do evaluation of my trading,and continue trading further.
No i don't go for withdrawal, i feel it is better to do withdrawal monthly once.
akshayfuriya
2011-09-16, 12:19 AM
i keep trading even i got good profit because maybe that day is good for me, so i dont stop and do trading till i sleep or my position go against me
vikas
2011-09-18, 02:52 PM
depending on the account which we use when we do use compounding account then we will not make a withdrawal, but if we use a special account for the attraction then when we profit, we will pull
dmambi
2011-09-19, 06:35 AM
मेरी राय के अनुसार यह अच्छा नहीं है. आप अपने दैनिक लाभ सीमा निर्धारित की जरूरत है और उस सीमा को प्राप्त करने की कोशिश करनी चाहिए. व्यापार पर अगर आप पहले से ही है कि सीमा पर पहुँच की कोशिश मत करो. मैं व्यक्तिगत रूप से अपने दैनिक लाभ सीमा सेट और व्यापार पर नहीं है.
Mai iss vishaya me sahamat nahi hoon, Jab humko profit mil raha hai tho , usko limit karne ka jaroorat kya hai?
vaise tho humko profit milana muskil hai, jab bagawan de hi raha hai tho hume usko lena chahihe.
So i don't stop when i get profit.
vikas
2011-09-21, 01:54 PM
depending on the account which we use when we do use compounding account then we will not make a withdrawal, but if we use a special account for the attraction then when we profit, we will pull
exactly correct . i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.
ketan
2011-09-25, 04:49 PM
i will have my daily plans and targets.After 1trade if i get profit but my target is not reached,i will open another trade.But if my daily target is reached then i will stop trading for the daily.Or if the daily profit is reached and there is another chance to open trade,then i will also do it.It depends upon the market situation.
hiren
2011-10-04, 12:50 PM
to get profit in forex trading is much easy but you must learn about management, so management is very vide topic and learning about money management is too nacessary
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
If the position is still run, then I will protect some profit, make sur I am in profit, then my money will not lose, and now, I have money for others tradings now according to my money management, I will seek other opportunity for trading. If you ask what will I do when I have made money, I will do the same thing, but normally I will let my profit to do more tradings, and it is better to keep the original capital.
patil
2011-10-08, 01:40 PM
मेरी राय के अनुसार यह अच्छा नहीं है. आप अपने दैनिक लाभ सीमा निर्धारित की जरूरत है और उस सीमा को प्राप्त करने की कोशिश करनी चाहिए. व्यापार पर अगर आप पहले से ही है कि सीमा पर पहुँच की कोशिश मत करो. मैं व्यक्तिगत रूप से अपने दैनिक लाभ सीमा सेट और व्यापार पर नहीं है.
dmambi
2011-10-09, 02:28 PM
i prefer to withdraw 80% of the profits made every day, and keep only 20% int he account to let it grow and help increase the account balance to trade more later, by withdrawing profits i ensure a steady income stream
you are doing everyday withdrawl means you are making profit consistently, or have big capital to back up your account. Anyway it is also a good strategy. sadly i am not able to withdraw my profit till now, because till i am not making much profit.
patil
2011-10-09, 03:17 PM
खाते जो हम का उपयोग करें जब हम उपयोग खाते समझौता करते हैं पर निर्भर करता है तो हम वापसी नहीं बनाने के लिए, लेकिन अगर हम आकर्षण के लिए एक विशेष खाते का उपयोग करें तो हम लाभ है, जब हम खींच जाएगा
nikhil
2011-10-09, 05:26 PM
agar aap kuch accha trding ki ho to thoda rukke ohir rught entry point tak ruke. aur agar aap loss kar rahe ho to aap usdin trade bandh karde. or ho sake to 4 5 ghante baad phir right ebtry point dhunde.
nikhil
2011-10-09, 07:17 PM
par agar aap aisa karte rahe to aapke main balance kam hota jayega. aur aap isse bare profit ki haqdar nehi honge.
agar kisike balance jyada ho to sabse jyada fyda use hote he trade karne me. isliye to sabhi apna balance barate he. withdraw to aap phir kar sakte he.
hiren
2011-10-16, 03:31 PM
I trade with certain target. I usually set my target clear. I target for certain pips lets say 20-25. Then when I get that pips, I close that account. I never let my greed hamper my trade. I could take more pips but I don't want to risk that pips in greed of making few more. I am always rigid with my plans and that is what making me perfect in forex trade.
chintan
2011-10-17, 07:58 PM
It is very necessary for a good trading results to end up the the in winning position. It will be very good sign for your confidence and psychology. If you will end the day in loss you next days trades will also remain under pressure and you will not be able to trade well.
hetal
2011-10-18, 12:58 PM
well i would set another trade after doing the study of the pair den wil wait until it profits but i would not wthdraws so soon wil do it only after i get gud amount to wat ever i want
popatji
2011-10-18, 08:08 PM
Depending on your plans or daily target, the trader will either open more trades or stop trading. We all have our own MM policies and trading discipline rules and abilities.
popatji
2011-10-18, 08:50 PM
Yes, it is important to stop trading forex immediately that a forex trader manages to get their desired trading results in forex exchange trading. I also do that to avoid any regrets in my trading in case of losses that might come.
narendra
2011-10-21, 11:11 PM
if my win reach my daily target profit i close trade for the day and if not i would continue trading. And this is a positive post i should say. most of the people are talking about loses in this forum and i like your thread for its talking about winning/profits.
narendra
2011-10-21, 11:26 PM
in my opinion too, its better to accumulate the profits and increase the balance. and not to withdraw for few dollars every now and then. i withdraw $100 at a time
chintan
2011-10-23, 12:11 PM
ha bhai revenge sabse bada enemy hota hai traders ka, jab bhi hum loss kare wo din trading na kare to hi acha hoga kyunki humare dimag me loss to recover karna ka man aayeaga aur hum big lot size used kareage
dmambi
2011-10-23, 01:14 PM
When i get profit i keep trading if opportunities exist and i never stop trading . since i believe if the profit is coming why it should be limited to few pips, as the loss also comes without any limit, i believe profit also should be taken with open arms.
narendra
2011-10-31, 01:18 PM
to get profit in forex trading is much easy but you must learn about management, so management is very vide topic and learning about money management is too nacessary
miracle
2011-10-31, 09:21 PM
to get profit in forex trading is much easy but you must learn about management, so management is very vide topic and learning about money management is too nacessary
if we just want to get profit it is easy, the difficult part is to get consistent profit. it need good emotion in trading, good trading plan and success attitude.
motiurbd
2011-10-31, 09:45 PM
if we just want to get profit it is easy, the difficult part is to get consistent profit. it need good emotion in trading, good trading plan and success attitude.
yes... making profit is not the big things in forex.. but to keep it, is the hardest part... we should all concentrate on surviving rather than making profit.. Because the more we survive the more chance we will get to make profit from this market.. we need to have patience.. making profit one or two times is not gonna help us at all.. we need to make it constant..
Its not good according to my opinion. You need to set your daily profit limit and should try to achieve that limit. Don't try to do over trading if you already reached on that limit. I personally set my daily profit limit and don't over trade.
sasa0220
2011-11-03, 11:51 PM
When i get profits i normally takes withdrawals weekly/ monthly . But i keep 50% of my profits for trading. That way i can increase my equity and can use my profits to pay the bills.
ali1011
2011-11-06, 07:13 AM
i think so its up to you that how can you make plan on daily basis.mostly situation depend on market but the most of common problem of learning if you have proper knowledge about forex then you are successful in forex market.
Jazpa
2011-11-06, 09:05 AM
i think so its up to you that how can you make plan on daily basis.mostly situation depend on market but the most of common problem of learning if you have proper knowledge about forex then you are successful in forex market.
Yes, I do agree with you ali1011. The success depends upon our shoulder. We need to be responsible for our own way of trading. We just can't take risk by following some other trader's plan and then go for the huge loss. We need to not only make effective plans but also execute them in very good way.
krishan
2011-11-06, 06:00 PM
खाते जो हम का उपयोग करें जब हम उपयोग खाते समझौता करते हैं पर निर्भर करता है तो हम वापसी नहीं बनाने के लिए, लेकिन अगर हम आकर्षण के लिए एक विशेष खाते का उपयोग करें तो हम लाभ है, जब हम खींच जाएगा
akshayfuriya
2011-11-11, 07:42 PM
i keep trading even i got good profit because maybe that day is good for me, so i dont stop and do trading till i sleep or my position go against me
akshayfuriya
2011-11-14, 01:34 PM
wow means you use a lot of trading account if you divide the account type you have, and I we you are a merchant who was able to generate profit?
weekager
2011-11-16, 12:02 AM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
jani meri to e koshes hoti ha k jese mugh ko profit ho main ek naya account banaoun or us main pessey trnsfer kar k trading karoun lekin main es main new es waja se he main abhi itna successful nahi howa
miracle
2011-11-16, 09:35 AM
exactly correct . i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.
may be i have little bit different opinion with you. currently i use expert adviser to help me trading. and i already have my monthly target so i will trade as much as the market give the opportunity. then when it reach my monthly target i will stop trading.
I agree with you bro, but to be honest sometime i am still not doing this, for me , sometimes it's like more opportunity to get more profit, and its such a waste just to let it go . so if i wants to open a position, i really need to make sure it's correct.
Forex is very good and the fantastic job that is allowed to all the people in the world to work. we can earn a lots of money from it. mine intention was ti earn a huge amount of money when i came at first. slowly i am learning importance of it and and other things that is necessary for trading
miracle
2011-11-17, 06:33 AM
Forex is very good and the fantastic job that is allowed to all the people in the world to work. we can earn a lots of money from it. mine intention was ti earn a huge amount of money when i came at first. slowly i am learning importance of it and and other things that is necessary for trading
i also have that kind of idea. so we collect some amount of money as fast as we can after that than we apply good money management. and what i get is margin call because it makes me very greedy when i do the trading. hope your psychology trading is better than me.
aryan
2011-11-20, 05:41 PM
well i would set another trade after doing the study of the pair den wil wait until it profits but i would not wthdraws so soon wil do it only after i get gud amount to wat ever i want
princeali
2011-11-20, 09:06 PM
i do only trade on the opportunity i found in the market . well if the opportunity is continuing to the next trading session i will wait for that to trade so here comes if my profit level target reaches then also i do trade . but only when i find the opportunity on the market to trade with the volatility of market .
cumil
2011-11-20, 10:27 PM
Yes I have taken lot of positions and many of them remained successful and earned profit. But it does not mean that all positions remained successful. There are some also positions that failed to earn profit and give me losses.
yes in the business, exactly there are a profit and loss, we must manage them,
we can manage profits by maximizing earnings and also manage losses by minimizing the risk to be faced in any transaction, do not just think about profit and ignore the risk, because if we can manage risk then certainly we can manage profit with properly
lovefx
2011-11-21, 12:04 AM
I never agree to re-invest all of the profit rather i suggest to withdraw a % of profit. Then if you consistently withdraw a amount after awhile you will see all your invested amount already in your hand.
jabrik1991
2011-11-21, 04:16 AM
if I lose, I usually stop for a moment. because it already makes the mind is not good. after that i just attempting to justify my fault that time. to be more careful so as not to happen again.
kanwaljit
2011-11-21, 09:42 AM
depending on the account which we use when we do use compounding account then we will not make a withdrawal, but if we use a special account for the attraction then when we profit, we will pull
i agree alwi , every bit of profit compounds the account balance so we can earn more profits the next time, it is a good idea to keep some minimum percentage of profits in the account to compound it and withdraw the remaining percentage as money in bank so we can pay some bills
kanwaljit
2011-11-21, 11:24 AM
thats all the case about your predictions and if your predictions are correct then i think you can get more profitable trades and if you are lose in your predictions then your some trades will be profitable and some will be non profitable.
i believe one should never try to predict or forecast the future in the forex markets as each one is out there to trade against each other and earn some profits and if everyone's predictions started coming true then there will be no loosers in forex, instead i believe we should work to follow the goat's trail and trend strength, what do you say bro ?
jabrik1991
2011-11-21, 10:22 PM
exactly correct . i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.
loss is a risk that often occur. profit management we use to find a good point of trade, consistent daily profit is expected, because of this for the long-term profit goals. and I think management is an obligation,
tibasingh
2011-11-21, 11:11 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
ager main ek acha profit gain karoun ga to phr main us ko foran withdraw karwa loun ga apni money manegement ka khiyal rakhtey hoye kioun yaha jitni bhi large money ho woh trader ko high risk lene par majboor kar deti ha
kamla
2011-11-23, 11:16 PM
i think we should trade in daily target basis..afterward reaching desire level we should withdrar...i also do the same..and we should keep some capital reserve for future ,,,if we get loss then it can help
dmambi
2011-11-25, 06:01 AM
i think we should trade in daily target basis..afterward reaching desire level we should withdrar...i also do the same..and we should keep some capital reserve for future ,,,if we get loss then it can help
Withdrawing the profit from your account daily basis does not look good, instead you can withdraw every month end or week end, so that you will be having a clear picture of your activity over a period.
nikhil
2011-11-27, 04:15 PM
If the position is still run, then I will protect some profit, make sur I am in profit, then my money will not lose, and now, I have money for others tradings now according to my money management, I will seek other opportunity for trading. If you ask what will I do when I have made money, I will do the same thing, but normally I will let my profit to do more tradings, and it is better to keep the original capital.
zoomfire
2011-11-27, 05:42 PM
Withdrawing the profit from your account daily basis does not look good, instead you can withdraw every month end or week end, so that you will be having a clear picture of your activity over a period.
why withdrawing daily doesnt look good? what is the problem and harm in it?
in fact some traders find it good to withdraw daily and they protect their profits safely in this way.
kamla
2011-11-28, 12:30 AM
exactly correct . i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.
rakesh
2011-12-02, 12:12 PM
It is very necessary for a good trading results to end up the the in winning position. It will be very good sign for your confidence and psychology. If you will end the day in loss you next days trades will also remain under pressure and you will not be able to trade well.
rakesh
2011-12-02, 01:48 PM
Wise traders always end the day with profits and they do not go for more risk if they have earned few pips. It is the practice of novice traders they go for more risks if they win few pips and end up the day in loss.
yogesh
2011-12-02, 09:48 PM
First and most thing i would like to do is withdraw the profit as there is no guarantee that next trade will also result in profit, so it is always good to keep withdrawing profit and trade with same capital amount.
ragib
2011-12-03, 08:46 AM
when i am getting profit. i withdraw it but not fully only 50% of it and the rest is kept into my account to increase my funds to trade more. actually i withdraw weekly.and some times i withdraw to my other account for situation like margin call.
cumil
2011-12-03, 11:44 AM
First and most thing i would like to do is withdraw the profit as there is no guarantee that next trade will also result in profit, so it is always good to keep withdrawing profit and trade with same capital amount.
A good fund management, look you afraid of losing a profits which you have achieved ....
I think I'll compounding my capital up to $ 1000, so I feel strongly with thats fund, and I just want to get a profit of $ 10 on every day, and it's realistic for me
speedy
2011-12-04, 07:19 PM
A good fund management, look you afraid of losing a profits which you have achieved ....
I think I'll compounding my capital up to $ 1000, so I feel strongly with thats fund, and I just want to get a profit of $ 10 on every day, and it's realistic for me
It's a very good idea to compound your profit till $1000 and getting $10 daily. It means you have a very much realistic goal of $10per day and about $200 per month. I appreciate your thinking and in fact this is the think required by every trader if they want to survive in forex.
Mr. Tukul
2011-12-06, 02:08 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
if i get profit from forex for sure I will withdraw the funds that profit ... after that I will use these profits to the needs of my life ...
while the system that produces profits will remain I maintain, I would not change ... unless it is necessary to update the system ...
realfun07
2011-12-06, 04:26 PM
Yes I do manage to make profits by trading and I normally wait for the right entry and exit levels for my trade and once I manage to make profits I stop trading and prepare for my next trade.
dmambi
2011-12-06, 04:48 PM
when i am getting profit. i withdraw it but not fully only 50% of it and the rest is kept into my account to increase my funds to trade more. actually i withdraw weekly.and some times i withdraw to my other account for situation like margin call.
This is a good idea to survive for long time in this business, actually i too have the same plan but till now not able to do that because of not much profit i am able to generate monthly. May be in coming months i will be able to do this.
hardworks
2011-12-06, 09:47 PM
A good fund management, look you afraid of losing a profits which you have achieved ....
I think I'll compounding my capital up to $ 1000, so I feel strongly with thats fund, and I just want to get a profit of $ 10 on every day, and it's realistic for me
Yes, I agree with you. If we deposit money, then there is no need to withdraw the profit immediately. If you keep the profit, then the lot size may able to increase and you can achieve some good profit. In bonus account, you may withdraw the profit immediately.
wolfkamikaz
2011-12-08, 09:58 AM
if you lose it on that There's a problem then you must understand what is if not the other times you will make the same mistake
Forex is a science then the percentage of errors is lower if you will stay in this area
anitagala124
2011-12-08, 12:24 PM
in my early days of trading say around 6 years ago...the first day i faced losses around 80% of my account...i was about to cry...but again i gained to confidence and lost again ...the pain of lossing money decreased according to time... but even today...the taste of losses is bitter than profits...lol
anitagala124
2011-12-11, 03:41 PM
If the position is still run, then I will protect some profit, make sur I am in profit, then my money will not lose, and now, I have money for others tradings now according to my money management, I will seek other opportunity for trading. If you ask what will I do when I have made money, I will do the same thing, but normally I will let my profit to do more tradings, and it is better to keep the original capital.
anchitkole
2011-12-11, 07:25 PM
i will have my daily plans and targets.After 1trade if i get profit but my target is not reached,i will open another trade.But if my daily target is reached then i will stop trading for the daily.Or if the daily profit is reached and there is another chance to open trade,then i will also do it.It depends upon the market situation.
Garry
2011-12-12, 10:01 PM
when it happened first time , i got mad and lost ll my money.
now if it happens , i will withdraw the amount or transfer it to my account .
because it will be unsafe to keep profit in trading account.
rakesh
2011-12-14, 01:37 PM
exactly correct . i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.
If i managed to make a huge profit in forex , i will withdraw profits from my account leaving behing considerable amount to keep using forex.
It is due to the fact , if some days i got a huge loss in a trade , then thet profit will also get drown away from my account. We should not take such risks in trading.
atif58
2011-12-14, 08:27 PM
It depends on the market. If i get the target that i have set for everyday is hit then i watch the market. If there is another oppartunity for profit then i enter the trades. Otherwise usually i stop trading and go for a walk.
balakalimuthu
2011-12-14, 10:49 PM
Once I managed to close a position on profit I do feel some what excited. But I have one principle in my money trading plans: when you have loss forget it on that day whereas on profit forget at that moment itself. Usually I do look for next opportunity to enter usually when ever I close trade either in profit or loss.
wolfkamikaz
2011-12-15, 01:26 AM
If i have a good profit i withdraw my profit and I try again to make another profit so I stay away from risk losing all the money if the market is to be against me then in conclusion I am very careful because the market it can change at any time
nikhil_rrane
2011-12-15, 05:52 PM
If i able to get profit from the forex trading then i will withdraw some amount from that profit and use some amount for the further trading so that i can make more profit from that balance. I think traders must have to do same thing so that they can earn more profits in future.
forexman
2011-12-15, 06:11 PM
i will withdraw the profit until i reach my initial investment and then i will do compunding but mainly i try to withdraw if i think i may lose if i continue to trade
wolfkamikaz
2011-12-15, 09:15 PM
i will withdraw the profit until i reach my initial investment and then i will do compunding but mainly i try to withdraw if i think i may lose if i continue to trade
yes that's a good idea to me I always use the Withdraw and if I lose one day I find that I can file and still have money like that there's no great loss
forexpips
2011-12-15, 09:23 PM
Yes its necessary management for a Forex trader because without management you cant profit . For a good trader management like a duty if become a good business then its necessary . Management also a key of success . In management you manage your trading time investment or profit.
bestlooser
2011-12-16, 07:27 PM
Once I managed to close a position on profit I do feel some what excited. But I have one principle in my money trading plans: when you have loss forget it on that day whereas on profit forget at that moment itself. Usually I do look for next opportunity to enter usually when ever I close trade either in profit or loss.
well this is the positive way of trading as forex is not same all the time so you have to adopt according to different condition. so some time you do same thing you fail and some you do the same thing and you can win. so I got profit today and some times I have not got profit in past.
hetal
2011-12-20, 11:27 PM
Yes, it is important to stop trading forex immediately that a forex trader manages to get their desired trading results in forex exchange trading. I also do that to avoid any regrets in my trading in case of losses that might come.
hetal
2011-12-21, 03:37 PM
i do only trade on the opportunity i found in the market . well if the opportunity is continuing to the next trading session i will wait for that to trade so here comes if my profit level target reaches then also i do trade . but only when i find the opportunity on the market to trade with the volatility of market .
aniket
2011-12-21, 06:32 PM
ager main ek acha profit gain karoun ga to phr main us ko foran withdraw karwa loun ga apni money manegement ka khiyal rakhtey hoye kioun yaha jitni bhi large money ho woh trader ko high risk lene par majboor kar deti ha
vikas
2011-12-21, 07:17 PM
jani meri to e koshes hoti ha k jese mugh ko profit ho main ek naya account banaoun or us main pessey trnsfer kar k trading karoun lekin main es main new es waja se he main abhi itna successful nahi howa
vikas
2011-12-21, 08:12 PM
i've always have to account, the first one will always be withdraw if it get profit, no matter how big and small. while the second, i'm applying the compounding system, where each profit i get will not getw withdraw, but i'm making it as an additional capital, where my lot size also getting bigger adjusting the amount of the capital. my first account always be my backup incase something worse happen.
aniket
2011-12-22, 01:09 PM
yes... making profit is not the big things in forex.. but to keep it, is the hardest part... we should all concentrate on surviving rather than making profit.. Because the more we survive the more chance we will get to make profit from this market.. we need to have patience.. making profit one or two times is not gonna help us at all.. we need to make it constant..
vikas
2011-12-22, 09:48 PM
may be i have little bit different opinion with you. currently i use expert adviser to help me trading. and i already have my monthly target so i will trade as much as the market give the opportunity. then when it reach my monthly target i will stop trading.
vikas
2011-12-22, 09:50 PM
i also have that kind of idea. so we collect some amount of money as fast as we can after that than we apply good money management. and what i get is margin call because it makes me very greedy when i do the trading. hope your psychology trading is better than me.
vikas
2011-12-22, 10:31 PM
if we just want to get profit it is easy, the difficult part is to get consistent profit. it need good emotion in trading, good trading plan and success attitude.
vikas
2011-12-23, 06:18 PM
I think too many are using MT4 trading account makes a lot of that on the leptop or our personal computers, what it does not affect the signal to the server insta?
forexman
2011-12-23, 06:22 PM
as a bad experience for me in past when i turn my winning trade to lose,now i will close the profit trade and i will withdraw my profit rather than keeping it alive.i will only reinvest when i think the profit is excess and then only i reinvest
jadhav
2011-12-23, 07:13 PM
It is very necessary for a good trading results to end up the the in winning position. It will be very good sign for your confidence and psychology. If you will end the day in loss you next days trades will also remain under pressure and you will not be able to trade well.
Pabelbd
2011-12-23, 07:35 PM
Obossoi ami amr profit mange kori jodi profit manage korte na pari tahole forex trading kore kono lav hobe na protiti trader er dorkar obiggota karon obigota sara keu forex market thake pofit pay na.
wolfkamikaz
2011-12-24, 04:13 AM
My money management now is never trade more than 5% of my capital and then i will put a 15pip of stop loss and 30 pips of targetted profit
cumil
2011-12-24, 05:03 AM
My money management now is never trade more than 5% of my capital and then i will put a 15pip of stop loss and 30 pips of targetted profit
Risk Management In addition to suppress the level of losses, risk management can also increase the chance your profits. Use the profit limit is greater than limit your risk. For example 3:1 where 3 profit: 1 lose. With this limitation your chances to get a bigger profit.
As an illustration we use 3:1 which limits the possibility of winning & losing is 50:50 ie in 10 trades you win 5 times and lost 5 times.
In late trading to 10 you still pocketed a $ 10 = $ 15 - $ 5 .
forexman
2011-12-24, 07:06 AM
if I lose, I usually stop for a moment. because it already makes the mind is not good. after that i just attempting to justify my fault that time. to be more careful so as not to happen again.
what you said was exactly correct and really when you trade in loss our mind will not be good and it gets disturbed but we have to comeout of such things and we should not keep any emotions or other things while trading
furiya
2011-12-24, 01:21 PM
Wise traders always end the day with profits and they do not go for more risk if they have earned few pips. It is the practice of novice traders they go for more risks if they win few pips and end up the day in loss.
Pabelbd
2011-12-24, 04:46 PM
Obossoi ami amr profit k manage korbo jodi ami amar profit k manaage korte na pari tahole ami amar account k ki kore run korbo amake bolo asole amader dorkar valo kore management kora abong ata sikha tahole amader ata oneak kaje lagbe.
barmanitrade
2011-12-24, 06:36 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
gi sahi si baat ha main new houn forex trading main or jo bhi thurri bahot profit hoti ha main us ko withdraw karwane k bajye kisi dosre account main transfer kar deta houn or filhal main apne accout ko barrha raha houn or jab main dekhoun ga k mere account margin call se nikal aye hane to phr main withdrw karwana shuro karoun ga jo profit ho ga
kanwaljit
2011-12-24, 06:43 PM
i keep a fixed target of 2% a day and stop trading once my target is met or before NY open which ever is earlier, i never trade NY session as i hate it , very unpredictable movements in NY session, i prefer europe and london session
sarwars
2011-12-24, 09:05 PM
I think that I could take more pips but I don't want to risk that pips in greed of making few more and I am always rigid with my plans and that is what making me perfect in forex trade.
nikam
2011-12-26, 05:23 PM
The success depends upon our shoulder. We need to be responsible for our own way of trading. We just can't take risk by following some other trader's plan and then go for the huge loss. We need to not only make effective plans but also execute them in very good way.
jadhav
2011-12-26, 05:44 PM
I trade with certain target. I usually set my target clear. I target for certain pips lets say 20-25. Then when I get that pips, I close that account. I never let my greed hamper my trade. I could take more pips but I don't want to risk that pips in greed of making few more. I am always rigid with my plans and that is what making me perfect in forex trade.
i will have my daily plans and targets.After 1trade if i get profit but my target is not reached,i will open another trade.But if my daily target is reached then i will stop trading for the daily.Or if the daily profit is reached and there is another chance to open trade,then i will also do it.It depends upon the market situation.
shinde
2011-12-31, 01:43 PM
If i able to get profit from the forex trading then i will withdraw some amount from that profit and use some amount for the further trading so that i can make more profit from that balance. I think traders must have to do same thing so that they can earn more profits in future.
aadrika
2011-12-31, 05:50 PM
When I make a profit, I first of all withdraw it, and then I stop trading for the day. However, if the profit comes in earlier in the day, I might also look for other trading opportunities later in the day. I will also make sure that I only take trades that I am sure of their profitability.
forexprophet
2011-12-31, 06:01 PM
If the position you are in is on your side say like you have 40+ pips profit. Close half of the position and leave the rest if your analysis still says that your side is in right direction and move the stop loss to the price where you get in. Once you reach your profit target for the month or a week, you can go for the withdrawal. You cannot withdraw every day as the transaction cost will eat some of your profits.
sinjiku
2011-12-31, 06:14 PM
Yes I do manage to make profits by trading and I normally wait for the right entry and exit levels for my trade and once I manage to make profits I stop trading and prepare for my next trade.
it seems you can already control your greed. and it's very important not to profit us when we are still trading to get more profit. this is dangerous because it can make us loss due to over-confidence
muhammadatif
2012-01-01, 11:53 PM
I close my trading account when I achieve my daily profit target or if I lose my money 2% of my total capital.
forexprophet
2012-01-02, 01:33 PM
I close my trading account when I achieve my daily profit target or if I lose my money 2% of my total capital.
That is one of the best way to achieve discipline and neat trading. Ceasing trade once you achieve your daily target or stop trading if you lose 2% of your total capital. Along with this type of trading calculate your risk reward ratio also, if the daily target is equal to the 2% of your total capital then it is 1:1. You need to be approximately 51% right on your trades to end the month in a profitable note.
Mehak
2012-01-06, 01:39 PM
If you think you have earn the desired profit then kaam khatam ker dain and agar desired profit hit nhi hoa then jab tak kaam krna chahiyay jab tak desired profit earn na ho jayay...
Ammie
2012-01-06, 03:49 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
I think i will immediately close that position and then will withdraw my money. Becouse if we trade with that profit money it's not sure that we again will get profit.
Yes I do manage to make profits by trading and I normally wait for the right entry and exit levels for my trade and once I manage to make profits I stop trading and prepare for my next trade.
twinkling star
2012-01-15, 08:51 PM
ya bohat different sa ap nay question pocha hai as log loss per to baat ker letay hain but profit per koi bhi baat nhi kerta. as in my opinion I just want to say k profit to ap ka reward hai so ap isko foran say withdraw kerva lena chahiyay but agar ap low capital say kaam ker rahay hain then you should not withdraw yours profit pehlay ap apnay capital ko increase ker lain apnay profit say.
tajdarbet
2012-01-15, 09:33 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
han app ne post to achi start ki ha loss k mutaliq to sab he kehtey hane per profit k mutaliq kisi ne nahi pocha ajj tak ager main forex trading main profit gain karta houn to foran us ko side par kar deta houn kioun k mugh ko pata ha es main kisi time bhi main lose ho sakta houn
manoj
2012-01-22, 03:33 PM
ha bhai forex to bhot acha aur profitable buisness sabit ho sakta hai experience trader ke liye . app bhot sara paisa kama sakte ho par aapko pahele knowledge kamana hoga use ke badme app paisa kama sakte hai
kastur
2012-01-22, 04:53 PM
ya you are right if you have earn some profit then i think you should close the trading for that days.And if suffer some loss then then close you postion for some time and wait for the good entry point
issamlitim
2012-01-25, 02:10 PM
i prefer to keep trading with a big lot size than the last lot size and try to gain the profit and recover the losds at the same time this way is too risk but if the trader know how to do this he will gain a big profit.
issamlitim
2012-01-25, 05:06 PM
in forex trading loss is some thing that we can not run awyay from it but we can accept it and try to find the reason of the loss and avoid it and do not make mistakes again and keep trading every day.
gosians
2012-01-26, 06:05 PM
exactly correct . i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.
I too agree with you, we need to set our daily target and after the reach of that target we need to stop our trading if you want to continue your trading then wait for the proper signal don't just enter on a poor signal.
tinku9832
2012-01-26, 10:57 PM
If you concentrate on only one pair or some company, & follow the trend day by day, you will have the idea to trade timely. But if you try to collect trick for various pairs then you would be confused. Thus try to get skill or trick for one pair.
andraekaprasetya
2012-01-27, 12:25 AM
if the profit is enough for me then i will not trade more, if i want some some and conditions are good to enter again then i will prefer to enter again, we can't make money daily in forex some times we had loss and some days we have a little one, so if conditions are good then i will prefer to trade more.
adahidayat
2012-01-27, 06:05 AM
i think that it depends on that how much profit you made and how much capital have in my account...if i have a good capital...then i will withdraw my profit and do more trading daily....but if i have less capital, then i will like to compound it and do not withdraw profit...sometimes i do withdraw some money for my personal use....
zeghbadrahem
2012-01-30, 09:15 PM
well for me and from my experiience i think that when we are open a position we should never think to change there order i mean that the first selctin when the brain ar focus is the right way to get the profit so i guess we should just let the market do what it want to do
cumil
2012-01-30, 09:39 PM
Yes, I do agree with you ali1011. The success depends upon our shoulder. We need to be responsible for our own way of trading. We just can't take risk by following some other trader's plan and then go for the huge loss. We need to not only make effective plans but also execute them in very good way.
For successful Forex trading there is a basic principle that must be held. Remember we trade this means we can trade if we think trade with the the mindset of a trader, "Buy at cheap prices and sell at high prices" this is rule number one of the most must be considered
No matter whether you trade at the stock, commodity exchange, forex or you are a conventional trader , always apply that principle
stimor44
2012-01-31, 09:46 AM
Good trading is often accompained by the increase of capital, and also the increase in enthuasiam, and also build self confidence.
pooja
2012-02-03, 01:40 PM
I like your idea because if we don't withdraw our profit we can lose it so it's a very good idea to withdraw your profit on daily or weekly basis.
nilesh
2012-02-04, 07:27 PM
ager main ek acha profit gain karoun ga to phr main us ko foran withdraw karwa loun ga apni money manegement ka khiyal rakhtey hoye kioun yaha jitni bhi large money ho woh trader ko high risk lene par majboor kar deti ha
forexman
2012-02-04, 07:57 PM
I think it is only in rare cases and also that rule was told in instaforex agreement as well and you can earn more than 10% in a tarde with instaforex and there is no problem except in one point that was written on their website
its not good according to my opinion.you need to set your daily profit limit and should try to achieve that limit.don't try to do over trading if you already reached on that limit.i personally set my daily limit and don't over trade.
ishvara
2012-02-04, 08:43 PM
Good trading is often accompained by the increase of capital, and also the increase in enthuasiam, and also build self confidence.
Increase in capital in forex exchange trading business is actually one of the factors that will combine with other factors in forex trading, enabling a trader to get the desired profits and trading results that they need.
That is for newbie traders. For the experienced traders,when they trade and make profit, it is a normal thing for them. They sleep well and dream of the profits they hope to make the next day.
fxtenam
2012-02-06, 09:27 AM
Undoubtedly gaining profit is the happiest matter for me.
After having profit from forex I definitely expend my capital in the market. I hope that will surely help me to make more money.
I will never quit unless I loss sometimes.
balakalimuthu
2012-02-06, 10:54 AM
That is for newbie traders. For the experienced traders,when they trade and make profit, it is a normal thing for them. They sleep well and dream of the profits they hope to make the next day.
Getting profit would be a day to day activity for professional traders and they must get practiced to it always. But for newbies, achieving profit will have more influence in their physiological level. It will give them more boost to perform well in Forex on the other hand might lead to over confident also...
arihant
2012-02-06, 04:41 PM
i think so its up to you that how can you make plan on daily basis.mostly situation depend on market but the most of common problem of learning if you have proper knowledge about forex then you are successful in forex market.
shinde
2012-02-06, 04:57 PM
It depends on the market. If i get the target that i have set for everyday is hit then i watch the market. If there is another oppartunity for profit then i enter the trades. Otherwise usually i stop trading and go for a walk.
realfun07
2012-02-06, 05:21 PM
It depends on the market. If i get the target that i have set for everyday is hit then i watch the market. If there is another oppartunity for profit then i enter the trades. Otherwise usually i stop trading and go for a walk.
It is better to first aim at your own target or profit levels which you have set for yourself for each day and if you manage to achieve it means you are doing a great job. Also once that is done you can still trade only if you feel right opportunity is there to trade .
pooja
2012-02-07, 01:51 PM
Wise traders always end the day with profits and they do not go for more risk if they have earned few pips. It is the practice of novice traders they go for more risks if they win few pips and end up the day in loss.
arihant
2012-02-07, 04:31 PM
If i able to get profit from the forex trading then i will withdraw some amount from that profit and use some amount for the further trading so that i can make more profit from that balance. I think traders must have to do same thing so that they can earn more profits in future.
anurag
2012-02-11, 02:27 PM
i will have my daily plans and targets.After 1trade if i get profit but my target is not reached,i will open another trade.But if my daily target is reached then i will stop trading for the daily.Or if the daily profit is reached and there is another chance to open trade,then i will also do it.It depends upon the market situation.
shinde
2012-02-11, 04:55 PM
why withdrawing daily doesnt look good? what is the problem and harm in it?
in fact some traders find it good to withdraw daily and they protect their profits safely in this way.
rajabd
2012-02-11, 04:56 PM
If I have loss in a day, I should not recover the money for that day. If I have profit so I should not any more trade for that day. I need a target in one month. Some day I may loss , some day I may profit, but I should take profit averagely.
pakforex
2012-02-11, 05:03 PM
forex trading mn app apna daily ka plan fix karein
agr app apny target sy ziada over ho jayein gay tab app ko loss ho ga
wazwaz
2012-02-11, 10:01 PM
ya many times i managed to earn the profit but i am unable to earn the consistent profit in the trading and this is the major problem for me that i have to cover in the forex trading
If you get a profit I will continue trading because that would not prevent me from continue and it will be determined by the market if erratic, it is better not to continue that day and convinced the profit and the most important thing is to stay away from greed, this may pose a threat to the profit and capital together and there is another solution is pulling profit maintenance and capital
anitagala124
2012-02-12, 04:07 PM
I have set my daily profit targets when I achieve my profit target I close my trading account and I withdraw my total profit at the end of every month into my Liberty Reserve account and consume in my daily needs.
niteshforex
2012-02-21, 01:02 PM
That is for newbie traders. For the experienced traders,when they trade and make profit, it is a normal thing for them. They sleep well and dream of the profits they hope to make the next day.
Yes you are right. If trader gain then every trader is very happy. Then they try more profit. And trader goes wild to trade next day. Even they dont sleep at night.
There very exited about there gain. I also very exited when i get profit. Its natural for human.
siddesh
2012-02-26, 03:19 PM
i've always have to account, the first one will always be withdraw if it get profit, no matter how big and small. while the second, i'm applying the compounding system, where each profit i get will not getw withdraw, but i'm making it as an additional capital, where my lot size also getting bigger adjusting the amount of the capital. my first account always be my backup incase something worse happen
yes, it's better to late a bit but still able to get the piece of the cake rather than enter the market too early but lead to mistaken trend. Many traders depend 100% on their indicators which is not good, they should depend on their analysis not their indicators..
i will have my daily plans and targets.After 1trade if i get profit but my target is not reached,i will open another trade.But if my daily target is reached then i will stop trading for the daily.Or if the daily profit is reached and there is another chance to open trade,then i will also do it.It depends upon the market situation.
krishan
2012-02-27, 06:07 PM
why withdrawing daily doesnt look good? what is the problem and harm in it?
in fact some traders find it good to withdraw daily and they protect their profits safely in this way.
I will evaluate everything I had done what could make a profit, this I do to be repeated in the future. the profit that I get I will make more capital, and I will do the trade again if market conditions allow.
fxquest
2012-02-28, 12:46 PM
So far major trading i did was only on my account where i had forum bonus deposit, and i made profit many times from this account once i see 5-10% profit i close all my trades and make a withdraw and then start opening other trades.
kampung
2012-02-28, 01:45 PM
Predictions are just like solving probalility, possible outcomes, and that is what forex trading is all about, that is what we should understand.
yeah we are observing the market to find out where the market opportunity to go and we look for how a greater likelihood indicator circuitry means that we use so that we will find the price and the perfect place to open a trading position
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
if I get a big loss,I always stop trading for several days.This I do to calm my mental after falling due to loss that I got.and after I am mentally ready to get up and then I started to trade again with more caution....
xiaotanghao
2012-02-28, 03:43 PM
As far as I am concerned,if I have reached the position that you attach successfully ,I think I will be very glad that time.In my opinion,I may wish I can make one or two trade one day and profit that target that I set there.If I can profit it successfully, I think I will choose to leave away the market that day.Just wish to enjoy my life that day.
sasmita11
2012-02-28, 03:59 PM
The benefits of a Forex managed account would be that you would be investing your money with professional traders ,always a group of traders.who take care of your money ,the risked and the increased margin for you.unless you have more experience trading foreign currency or you full like you he knowledge and unknown details pertaining to your market.it is different thing that you will do good then these Forex managed account managers.
maryosa
2012-02-28, 04:12 PM
If I got profit, one of the major things will do is to find out why I got profit and how to do it again. Is my analysis good or was just luck of another factor. If I find out reason, then will look for such market situation to make profit from it again.
lgarhboularbah
2012-02-28, 04:32 PM
for me i think when i make the target i will exit the market or i put some deal open with small lot size if there is good signale but i dont risk with the profit that i have make it
forexman
2012-02-28, 04:37 PM
i am a unlucky fellow as i have several times earned profit and in taht excitation i think price still go higher and wont close but finally all tardes will turn to losses and face margin calls o i wanna chnage my style and stop at the losses
theboy2226
2012-02-28, 07:10 PM
i think it depends on how much profit you are talking about but usually when i make profit more than 10$ in one day i just stop trading for that day but when i make like 1$ or 3$ i keep trading because my daily trading target is to make 10$ if i do make it i call it a day because i once made 27$ and i kept tading and i lost 23$ of them and i just hated myself for being so greedy .
bambang
2012-02-28, 11:06 PM
i will have my daily plans and targets.After 1trade if i get profit but my target is not reached,i will open another trade.But if my daily target is reached then i will stop trading for the daily.Or if the daily profit is reached and there is another chance to open trade,then i will also do it.It depends upon the market situation.
I think you trade to achieve the daily target is good. you said it would trade again if the daily target is not reached, it's a good spirit. but in my opinion, although the daily target is not reached, to make another trade should also be based from the analysis.
Do not force yourself to trade again if your analyst does not give a signal to trade, despite the daily target is not reached. There is still another day
malik83
2012-02-29, 12:52 AM
in forex trading if you managed your capital with better strategy then you will be easily got profit. but you only get profit if you have better experience and knowledge of forex and don,t trading opposite direction to market trend.
ishvara
2012-02-29, 04:30 AM
in forex trading if you managed your capital with better strategy then you will be easily got profit. but you only get profit if you have better experience and knowledge of forex and don,t trading opposite direction to market trend.
Experience and skills/knowledge is what we need to profit from forex exchange trading. Working hard to gain knowledge and experience and then apply it and make profits from forex exchange trading.
muhammadfarooq
2012-02-29, 07:55 AM
forex is based on learning and trading experience is best way to get success in forex trading business so better way to get a big amount of profit to use the demo acccount and get the lots of practice in forex trading to start the real trading.
newentry
2012-02-29, 08:40 AM
when the trader want to get profit from this business so there are many steps for it but the main keys for all is trade with good dicipline and we know that when the traders learn and practice and then implement their system and strategies with good discipline, so they just take the best way for their trading, they will safe and have already used the best strategies and of course with autoamtically, they keep good their management
oscar
2012-02-29, 08:58 AM
i am a unlucky fellow as i have several times earned profit and in taht excitation i think price still go higher and wont close but finally all tardes will turn to losses and face margin calls o i wanna chnage my style and stop at the losses
I encourage you to immediately change the way you are trading in order to avoid a margin call ..
perhaps it is a learning experience for us and trading should respond positively to increase the skills and knowledge of trading
Wise traders always end the day with profits and they do not go for more risk if they have earned few pips. It is the practice of novice traders they go for more risks if they win few pips and end up the day in loss.
siddesh
2012-02-29, 06:21 PM
It's a very good idea to compound your profit till $1000 and getting $10 daily. It means you have a very much realistic goal of $10per day and about $200 per month. I appreciate your thinking and in fact this is the think required by every trader if they want to survive in forex
siddesh
2012-02-29, 07:47 PM
It depends on the market. If i get the target that i have set for everyday is hit then i watch the market. If there is another oppartunity for profit then i enter the trades. Otherwise usually i stop trading and go for a walk.
chirayu
2012-03-11, 02:17 PM
Doing the trades according to trend is very profitable and at the times of news the trend is not clear so it is better that we should first see the trend then do the trades according to the situation.
netra
2012-03-11, 07:45 PM
ya you are right if you have earn some profit then i think you should close the trading for that days.And if suffer some loss then then close you postion for some time and wait for the good entry point
sachin
2012-03-11, 09:28 PM
ha bhai forex to bhot acha aur profitable buisness sabit ho sakta hai experience trader ke liye . app bhot sara paisa kama sakte ho par aapko pahele knowledge kamana hoga use ke badme app paisa kama sakte hai
WORLDEMO1
2012-03-12, 04:25 AM
Usually I set a goal for the week ahead like :I wanna make 200 pips in that week. I start to work as usuall. Of course, some positions win and others lose. Hm that the forex market. Once I achieved my goal and made 200 pips profit. I take the rest of that week off.
bambang
2012-03-12, 08:54 AM
It depends on the market. If i get the target that i have set for everyday is hit then i watch the market. If there is another oppartunity for profit then i enter the trades. Otherwise usually i stop trading and go for a walk.
you did the right thing. I think so too, if we have reached our target on the day it's better we stop trading. because if we continue to trade the possibility of a greedy nature will come up to us, and we could lose the profit that we get.
abdur
2012-03-12, 08:56 AM
if one earns profit it is not necessary that the trading should be ceased or one should cease it if there are still some viable options of earning profit the profit should be immediately re invested....
rajesh
2012-03-12, 12:57 PM
I too agree with you, we need to set our daily target and after the reach of that target we need to stop our trading if you want to continue your trading then wait for the proper signal don't just enter on a poor signal.
dmambi
2012-03-12, 09:12 PM
I don't stop my trading when the order on that day is going in profit, instead i set the trailing stop and monitor the trade to make more money out of the same winning order. Since it is very difficult to get the winning orders, when we got we need to maximum out of it before exiting.
CoreMethod101
2012-03-12, 10:04 PM
I don't stop my trading when the order on that day is going in profit, instead i set the trailing stop and monitor the trade to make more money out of the same winning order. Since it is very difficult to get the winning orders, when we got we need to maximum out of it before exiting.
i like your approach to trading.
using trailing stop allows us to follow the movement of the price and protect unrealized profit.
but it can sometimes cause early close of our position.
but at least we already do our best even if it close against us. the market is just unpredictable and we can only execute our trading plan the best that we could.
fashuvo
2012-03-12, 10:08 PM
A new dimension, I must say! Haven't thought about this aspect actually. But now have you been asking the question, I have to admit that I never did analyze why at the first place that trade was profitable. Certainly, I've entered that trade after analyzing, but analyzing why it did ! No way :-|
netra
2012-03-13, 02:16 PM
i think we should trade in daily target basis..afterward reaching desire level we should withdrar...i also do the same..and we should keep some capital reserve for future ,,,if we get loss then it can help
sachin
2012-03-14, 01:23 PM
That is for newbie traders. For the experienced traders,when they trade and make profit, it is a normal thing for them. They sleep well and dream of the profits they hope to make the next day.
rajesh
2012-03-14, 02:37 PM
I would rather advice you to take the profits that you have for the day and rest until the next day. Do not overtrade because this is one of the main reasons why traders lose their initial profits.
vineet
2012-03-14, 06:12 PM
It is very necessary for a good trading results to end up the the in winning position. It will be very good sign for your confidence and psychology. If you will end the day in loss you next days trades will also remain under pressure and you will not be able to trade well.
vineet
2012-03-16, 05:13 PM
for me i think when i make the target i will exit the market or i put some deal open with small lot size if there is good signale but i dont risk with the profit that i have make it
wazid201118
2012-03-19, 01:03 PM
i trade here only for taking profit no else.As i use my capital here and labour also when i trade and then i earn profit so why should i will miss my profit.I always withdraw my profit in my one day trade.Because if i dont do so i may lose my profit.
i do it before but i am not sure that i can do it again the profit is the real target and i hope that i can get always profit but every situation need hard work and the market change evry day.
norix
2012-03-19, 08:04 PM
for me i think when i make the target i will exit the market or i put some deal open with small lot size if there is good signale but i dont risk with the profit that i have make it
I have a habit of making profit when trading and I immediately stop to open a new position because it also trains us as trading discipline, is still open to more meaningful if I had violated the rule of my own
away, because we all have different habits and the rule itself
newentry
2012-03-19, 09:26 PM
depend to the condition and if i think that i can get some chances for more and more again with safely and discipline, i will take it and continue to trade, but i will not push so hard to keep trading, i want to keep stable my concentration and also the emotion..and about WD, of course i will make it for a half
Abdo22
2012-03-20, 02:19 AM
yes I agree that depending on your plans or targets every day, the trader can open more trades stop negotiating. We have all our policies and also the discipline and negotiation skills.
ermaniso2011
2012-03-20, 09:05 AM
actually when l make profit l will still continue trading for making more.but l will wait first for another clear signal.l dont like to open a position without a strong reason.it has to be under control of the trader always.and also when l make profit from one of my account l will just close it and go to my another account and focus on it.it may differ from trader to trader.
aryan
2012-03-20, 12:41 PM
me too, usually once i've fulfil my daily target will starightly withdraw the profit and sent it to my liberty reserve. by consistently withdraw the profit, we'll able to increase our psychology in order to boost up our spirit in trading.
vineet
2012-03-20, 07:36 PM
i've always have to account, the first one will always be withdraw if it get profit, no matter how big and small. while the second, i'm applying the compounding system, where each profit i get will not getw withdraw, but i'm making it as an additional capital, where my lot size also getting bigger adjusting the amount of the capital. my first account always be my backup incase something worse happen.
narendra
2012-03-21, 07:59 PM
If you manage to get profit then many kind of thought in your mind. Some time you think withdraw all of you profit and spend some money with friends. Buy some goods and life makes easy. Some time you need to relax and spend some money for you it is very good for your mind.
vineet
2012-03-21, 08:27 PM
Yes you are right. If trader gain then every trader is very happy. Then they try more profit. And trader goes wild to trade next day. Even they dont sleep at night.
There very exited about there gain. I also very exited when i get profit. Its natural for human.
aryan
2012-03-22, 01:22 PM
For successful Forex trading there is a basic principle that must be held. Remember we trade this means we can trade if we think trade with the the mindset of a trader, "Buy at cheap prices and sell at high prices" this is rule number one of the most must be considered
patil
2012-03-22, 03:15 PM
yes in the business, exactly there are a profit and loss, we must manage them,
we can manage profits by maximizing earnings and also manage losses by minimizing the risk to be faced in any transaction, do not just think about profit and ignore the risk, because if we can manage risk then certainly we can manage profit with properly
i think so its up to you that how can you make plan on daily basis.mostly situation depend on market but the most of common problem of learning if you have proper knowledge about forex then you are successful in forex market.
sagar
2012-03-25, 04:07 PM
Right there are most of traders that get into forex for making more and more profits or returns from forex they are normal traders pro traders always thinks what money they can lose
anitagala124
2012-03-25, 06:37 PM
Loss is part of forex trading sometime we get loss and sometime we get profits so do not sad pro traders are those who make more profits than losses.
anchitkole
2012-03-25, 06:42 PM
There is no thing like over trade if we analysis and there is opportunity to buy or sell then take order even we have decent profits as we are losing chance of making more profits.
for me i think when i make the target i will exit the market or i put some deal open with small lot size if there is good signale but i dont risk with the profit that i have make it
anchitkole
2012-03-26, 01:48 PM
when the trader want to get profit from this business so there are many steps for it but the main keys for all is trade with good dicipline and we know that when the traders learn and practice and then implement their system and strategies with good discipline, so they just take the best way for their trading, they will safe and have already used the best strategies and of course with autoamtically, they keep good their management
naziafarhan
2012-03-26, 01:56 PM
If I can manage to book a good profit then I will be the happiest person in the world. Yes it is true as long as I am a trend trader I can not believe any of my trades made by me, SO I book a small profit. So if I make a good profit the I will be so happy.
If i able to get profit from the forex trading then i will withdraw some amount from that profit and use some amount for the further trading so that i can make more profit from that balance. I think traders must have to do same thing so that they can earn more profits in future.
Getting profit in trading doesn't mean we should stop trading for the day but instead we should study the trading positions well and if there is any more chance to grab some more profit,there is no harm but in such cases we shouldn't be over confident and use our brain instead of getting emotions.
bestlooser
2012-03-28, 10:54 AM
I think we should have a plan so we have to stick to that and if we get profit or loss market will continue so as much you trade more you can make so just think positive that you will get profit all the time and just stay in market. so it is up to you whether you want to use the market or not?
norix
2012-03-28, 11:09 AM
Getting profit in trading doesn't mean we should stop trading for the day but instead we should study the trading positions well and if there is any more chance to grab some more profit,there is no harm but in such cases we shouldn't be over confident and use our brain instead of getting emotions.
make a profit with our own analysis I think is our very great satisfaction, we can make changes to the total of the gains that we become more confident and ready to face the risks in this business
got2luvyou25
2012-03-28, 11:33 AM
I think we should have a plan so we have to stick to that and if we get profit or loss market will continue so as much you trade more you can make so just think positive that you will get profit all the time and just stay in market. so it is up to you whether you want to use the market or not?
planing k sath stick ho jana i think ye kisi bi trader ki profit ko reduce ker sketa ha because main aisa dekhna k s ome times hum hein rules break kerne perte hain kuin k some time hum serf 5% risk lena chahate hain but market 75 risk se wapis ana start ho jati ha right so mean k jeb necessary ho to rules break ker lo
sagar
2012-03-28, 12:45 PM
I think you trade to achieve the daily target is good. you said it would trade again if the daily target is not reached, it's a good spirit. but in my opinion, although the daily target is not reached, to make another trade should also be based from the analysis.
Do not force yourself to trade again if your analyst does not give a signal to trade, despite the daily target is not reached. There is still another day
i think we should trade in daily target basis..afterward reaching desire level we should withdrar...i also do the same..and we should keep some capital reserve for future ,,,if we get loss then it can help
siredewe
2012-03-29, 12:03 AM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
when i get a profit then I have done is to evaluate and record how I get that advantage. as much as possible I will try to repeat it again and again. of course, after some time when it is enough I'll stop and make a withdrawal.
bestlooser
2012-03-29, 11:31 AM
I think after getting profit we can just continue forex trading but because of losses we may end our trading but I have continued despite of losses and never given up and started to get profits and I am sure that I can get profits most of time and now I have no fear of losing as I am not taking risk so losing will come only if you take risk there.
waqtitrader
2012-03-29, 11:37 AM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
hmmm ager main ek acha profit kamata houn to aam si baat ha main mazeed risk nahi long ga us din main sirf woh profit withdraw karwa k or phr market ko analysis karta rahoun ga jab mugh ko sahi or strong signals melen ge to main wapas aa jaoun ga forex trading main or phr se trade karoun ga
anitagala124
2012-03-29, 01:17 PM
So far major trading i did was only on my account where i had forum bonus deposit, and i made profit many times from this account once i see 5-10% profit i close all my trades and make a withdraw and then start opening other trades.
zahidrock
2012-03-29, 01:36 PM
If i can make good profit on my first trading then i stop trading after getting profit for that day. Because on several time i was made more trading after getting profit but on the last time i lost my balance. So it is better to make small profit in a day.
well i would set another trade after doing the study of the pair den wil wait until it profits but i would not wthdraws so soon wil do it only after i get gud amount to wat ever i want
Nabi Ahmed Gill
2012-04-04, 01:20 PM
Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..
main forex trading ko both acha tara manage karta hoon main abi abi kam seek raha hoon jub main kam seek hainao ga to phair main experience adn evaluation adn immediately do wood and good will and he will be gain profit forex trading ko ap mangaed jayia karo ga ap utina profit hasal karo ga both both zorari ha k ap trading ko managed kro phair dehako ka maxza ata ha forex trading main.
Techno
2012-04-04, 01:30 PM
If i can make good profit on my first trading then i stop trading after getting profit for that day. Because on several time i was made more trading after getting profit but on the last time i lost my balance. So it is better to make small profit in a day.
have a daily target is a good thing. so that makes us motivated to do trading with the spirit. daily target will make us become more serious about achieving it. daily when the target is not reached, we should also not be disappointed. because there are other opportunities to earn profit.
Forexboy
2012-04-04, 04:00 PM
I think it depends on market conditions and also on my profit, if profit is enough for me, so I will not trade more, and if I want some good conditions and to enter again, I 'll come again, we can not make money every day on the Forex times we had losses, and some days we have a little Enjoy it that's the trade in Forex.
tervarto
2012-04-04, 04:07 PM
This depends on the size of the money deposited in your account, if the amount is large than for example, $ 1000 will be the peace of mind when you log in the deal, but has to be money management firm, is stop-loss friend, it is necessary that the ratio of profit for the loss of at least 2:1, and should analyze the chart correctly, try to link all the data that is before you even reach the optimal decision
himel001
2012-04-04, 10:01 PM
Most of the time your Forex tread profit but when you loss than huge amount take loss so be cairful and confurm than buy or sell tread.
girish
2012-04-04, 10:50 PM
ha bhai forex to bhot acha aur profitable buisness sabit ho sakta hai experience trader ke liye . app bhot sara paisa kama sakte ho par aapko pahele knowledge kamana hoga use ke badme app paisa kama sakte hai
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