Hoping and Praying Do not guarantee success!

[MTEBESSI]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

[sura]

That's why trader need stop loss, mate
It will save your trading strategy

Many traders keep repeating the same mistake: They take small profits and let the losses run.

https://instaforex.com/?x=CWTZHoping that losses will become profits by waiting a “little bit longer” is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

[gemmy]

i think the thing that guarantee success is to be well learned and make a good analysis and put a target for your trade beside let your emotions away and you should be confident and patient as much as you can .and finally dont depend on luck or hope .

[newentry]

hoping and pracying will be nothing if the trader do not do trade with good, they have to learn and practice before they go into this business, not only bring their dream but also they have to bring and come with good knowledge and after all they trade with the best they can do ,
pray before they trade and hope when they are in position after make some analysis and sure for what they do and we know that the final results is the power of god

[Ahsan]

In forex if a trader can't trade without emotion then he can't gain success from success. A forex trader should have to trade with logic not hope, praying or something else. If a trader want to gain success from forex then he have to be logical and practical not emotional.

[deathzz]

pray and hope it does not guarantee we will be successful in trading, but we should still have hopes that can still trading. pray without trying the same as lying, trying without praying together in vain. ;)

[sasa0220]

Yes you should not wait and keep your positions open for a long time hoping the price will come to the level you have open the position. But when you are are trading in the long term and if you have open your position in the trending direction even if there were temporary market correction price will return back to the normal trend sooner or later. So in such situations it is ok to keep the positions open. But you must be careful doing that in market tops or bottoms.

[ermaniso2011]

yes you are right.for some reason most of the looser will do that,we really need a system that will tell us when to quit and when to enter.if we open a position based on a signal then we have to be honest to ourself if the signal wil fail that mean we have to quit back and wait for better position to enter.it is this simple.getting angry to the market or not accepting the mistake will not harm anybody but us.

[twinkling star]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

yeah you are right, but I think at beggining stage we just trade with hope and pray but after some time when we gain knowlege then we began to think before openning position, but in start it just look like gambling and nothing else.

[raka999]

yeah you are right, but I think at beggining stage we just trade with hope and pray but after some time when we gain knowlege then we began to think before openning position, but in start it just look like gambling and nothing else.
well, there is no harm if we always pray before trading. at least, this will add confidence menhadapi market. it is very difficult to accept the fact that the loss of our position. always use a stop loss discipline may reduce the loss is greater.

[adahidayat]

i think that we should always hope for the best and also ready for the worst...when we trade and wait a little longer...it will not affect our trading , if we have applied SL , so then we will be on safer side and if even market goes, then we will just loose that money, which we were ready to loose....it is always important that we have a good market news and follow it...then we can make a good profit...

[yogesh]

Of course hoping and praying alone is not going to make us successful in forex trading until we put efforts and develop and test our strategy and improve our skills to maximise returns from our trading.

[ezincenter]

There is no place for hoping here in the forex market, just trade what you see and not trading according to your hopes, but it's not a mistake to praying after you did all the things you have to do, and after you follow the rules of your strategy.

[joget]

if you just hope that the loss will turn into a profit simply by providing a longer time, it will not be able to achieve it. especially if it is not technically possible because your margins are not enough to wait for it to happen. then you should be aware of that possibility.
with prayers will add to the motivation and spirit in a trade, but to be realistic, according to market conditions and the results of your technical analysis.

[evostaff]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
okay, i agree wiyh your opinion, forex trading is not anything without knowledge. we can not be sure the price movement. but we have many ways to prediction the price of market. a very important point don't leave money managements and emotional control when trading on

[kaji]

yes, I often do that when I was still new in forex trading. I often leave a large floating position and like to close the trade when I get very little profit. I hope that I will come back floating position and proved to be bigger and even served until exposed to a margin call....

[jai]

well, there is no harm if we always pray before trading. at least, this will add confidence menhadapi market. it is very difficult to accept the fact that the loss of our position. always use a stop loss discipline may reduce the loss is greater

[irfan]

Well praying is good and so is hoping but not doing any kind of analysis and just performing any trade or gambling in these markets and then hoping and praying might solve the purpose few times but most of the times you would end up in the losses. So hoping and praying is good when you have done your job properly.

You are absolutely right, only hoping and praying after gambling is not enough, we have to learn forex and we have to trade with full responsibility if we want to be successful in forex. In forex knowledge and experience comes first and hoping and praying works only when we trade properly with full responsibility.

[rahul]

bhai umeed or dua kernay sey kuch nehi hoti, market humary duaoon sey nehi chelti, hona wohi hey jo market ki merzi ho gi, humien bes market ko jitna acha ho samjhna chahiye apni analysis or strategies sey.. baki market per depend hey

[Nabi Ahmed Gill]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

yes of course hoping and praying guarantee ha is forum main ap ko sirf kcuh batoono ka kas kahal karna para ga ap ko emotion nahi hona chayia trading main ap ko both sara profit hasil hoa ga is main yaqeenan profit ho ga ap sirf or sirf price ka wait karan kam profit ko no dhoko ap hamassa zadia profit hasil karana aor ap yaqeeanan kamyab ho jaina ga.

[Techno]

actually.. hope and pray was so important. cz i believe only god that guarantee our success in this life. but the main problem here is not about do we need it??? but when to do it and ofcourse the adjusment in our mindset..
everyday that i pass always i start with hope and pray that god gonna help to gain any profit.. thats way i say that pray and hope very important.
so the main problem here not about do we need to do it or not... but its about when to do it and self adjusment for this.
cz ofcourse that if we realize in a wrong trade and keep our posistion same like we don't believe on god that give us feeling that we've take a wrong trade..

when we do the trading, we do still need to pray and hope.
but of course we still must comply with the plan that we created earlier.
so, when we did wrong in taking decisions and transactions have floating minus, we still have to cut loss. Do not expect in a time like this.

[tajdarbet]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
nahi main app ki baat se mutafiqnahi houn main to jab bhi loss main ja raha hota houn to pray shuro kar deta houn or mugh ko sahi baat ha kafi profit ho jata ha los k bawajood bhi esi taran main to forex trading main umeed par he qaime he houn kioun k mugh ko umeed ha k main es main profit kama sakta houn kafi acha

[Forexboy]

I often do when I was still new to Forex trading. I often leave a significant position as floating and to close the trade when I receive very little profit. I hope I will have a float position and proved to be bigger and even served until exposed to a margin call.

[waqarme2]

not with these two things the people will earn money from the trading forex, you have to work for the trading and also learn the basics of the trading to understand it clearly and do it correctly, so i thing work hard and then hoping and praying, then there is a chance for winning in the trading.

[moti]

yes you are right.for some reason most of the looser will do that,we really need a system that will tell us when to quit and when to enter.if we open a position based on a signal then we have to be honest to ourself if the signal wil fail that mean we have to quit back and wait for better position to enter.it is this simple.getting angry to the market or not accepting the mistake will not harm anybody but us.

[ishvara]

Of course in forex trading, we never hope and pray that the forex markets go in our way. We should use analysis and then find out the main thing that moves the market and then make analysis to follow those ways.

[cac4a26]

But still you should always hope for best , if you are not ambitious then you can't be successful.
Also pray to GOD is a way to be ambitious. but yes you should learn first how to make profits.

[sidhu]

nahi main app ki baat se mutafiqnahi houn main to jab bhi loss main ja raha hota houn to pray shuro kar deta houn or mugh ko sahi baat ha kafi profit ho jata ha los k bawajood bhi esi taran main to forex trading main umeed par he qaime he houn kioun k mugh ko umeed ha k main es main profit kama sakta houn kafi acha

[waqtitrader]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

hahaha ap ki baat sahi ha jab ham koi bhi trade open kartey hane to sath sath pray karna sshuro kar detey hane k ye profit par close ho per main app ko yahi kahoun ga k app es ko sekhain or app ko itna tenssion nahi ho gi phr

[nuh514]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

I also have passed through this situation and have ruined my own account by following this strategy. Therefore I am now very much cautioned and do not forget to put appropriate stop loss at all my positions so that I may avoid any big loss in case of sudden and unexpected change in the market prices.

[darksaimon]

i suppose the attribute that indorse success is to be shaft scholarly and gain a peachy reasoning and put a take for your exchange beside let your emotions forth and you should be assured and enduring as often as you can .and finally don't depend on fortune or wish .

[netra]

Well praying is good and so is hoping but not doing any kind of analysis and just performing any trade or gambling in these markets and then hoping and praying might solve the purpose few times but most of the times you would end up in the losses. So hoping and praying is good when you have done your job properly.

[aarti]

Yes some time newbie trader want to wait to cover there lose. They entry market in few study so they dont know what is the right time to entry and exit. I think some time they blow there account. So every trader should learn forex properly and then start trading.

[hitesh]

bhai umeed or dua kernay sey kuch nehi hoti, market humary duaoon sey nehi chelti, hona wohi hey jo market ki merzi ho gi, humien bes market ko jitna acha ho samjhna chahiye apni analysis or strategies sey.. baki market per depend hey

[rahulsagar]

nahi main app ki baat se mutafiqnahi houn main to jab bhi loss main ja raha hota houn to pray shuro kar deta houn or mugh ko sahi baat ha kafi profit ho jata ha los k bawajood bhi esi taran main to forex trading main umeed par he qaime he houn kioun k mugh ko umeed ha k main es main profit kama sakta houn kafi acha

[Maham Gill]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.


ya bat ha trading main na to koi masala ha or na he trading main koi parsnai ha sirf or sirf online trading par ap indipanded tor par kam to kar sakta hoo lakin es main ap complete borasa nah kar skata hoo es laya trading main loss be hota ha or trading main profit be hota ha.

[rbs]

No point of hoping and praying. Traders should begin thinking about the forex market as an arena for self-improvement. Understand that the degree to which you have limited or no control over your own behavior and emotion, will be the degree to which you lose money in the market. The more you operate on logic and pre-emption, the more likely you are to make consistent money in the market.

[meu]

===>>>i think the thing that guarantee success is to be well learned and make a good analysis and put a target for your trade beside let your emotions away and you should be confident and patient as much as you can .and finally dont depend on luck or hope.

[surfer-ag]

We hope, we pray to keep our investment safe and return with successful winning, there is nothing wrong with that, as human only hope keep us walking towards forward. In Trading just be precise in time of execution give all your knowledge and experience for the best effort, control your emotion, then pray and hope believe in yourself you will come out with a smile on your face, that's I believe.

[yogesh]

Bare hope is no hope but there should be efforts behind that hope - well may be praying keeps your mind cool and give you confident that god will help you in winning but just confidence nothing more, you need to help yourself if you want almighty help you, it is your effort and talent that will speak in terms of profit.

[sanvol]

jee han sir me ap ki is baat se 100% iteefaaq karta hun ap ne bohot hi achi baat kahi hai bohot se log aese hian jo low profit ko accept nahi karte aur issi wajah se lalach ke chakron me apna sara loss kar baithte hain.

[Rizwan]

i think the thing that guarantee success is to be well learned and make a good analysis and put a target for your trade beside let your emotions away and you should be confident and patient as much as you can .and finally dont depend on luck or hope .

It is true that hope play major role in success of forex. If you get loss in
trading then it is hope that forced you to come back and start trading with
new struggle.

[khaled24]

Of course hoping and praying are not ways to succeed on Forex , as we say often we need to do our best efforts and keep patience and keep learning all the time , but sometimes we have to wait on some deals when we see that its going on loss at first , this is not because of hoping and praying , it is just because of patience and trusting the own analysis and strategy , a lot of deals go with loss at beginning then it correct its position and will make us regret that we closed the deal before that correction

[tiar]

we can only expect to profit when trading, but if without effort and hard work, surely it would just be wishful thinking. to succeed, we need hard work and with the hope and prayer.

[digger_jim]

Hoping makes you let a profitable trade turned to looser. Praying keeps your hands out of your keyboard while the price moves and, if it moves in par with your position, that's fine, but if if it doesn't, you are in a deep trouble.

[ikram9876]

ap belkul sahi keh rahey hoping or praying guarante nahi deta leken wo os time nahi deta jes time tum apni koy koshash na kare tu per praying apko guarante nahi deta leken ager hum lagan se trading kare tu praying humara sath dega ....

[abid]

yes it is right that the hoping and praying is not gurantee of success for the success u must do any thing u dont reli on prayers

[rahulsagar]

bhai umeed or dua kernay sey kuch nehi hoti, market humary duaoon sey nehi chelti, hona wohi hey jo market ki merzi ho gi, humien bes market ko jitna acha ho samjhna chahiye apni analysis or strategies sey.. baki market per

[manibhai2012]

Hoping and Praying Do not guarantee success!
I am totally agreed with you that when ever we open the trade in the Forex market we are hoping and praying that it will hit the take profit area instead of hitting the stop loss area because any thing can happen in the Forex market at any time no body can give guarantee.

[kissshore]

The truth remains that religion and faith may not necessarily be related to business. Individuals who are nonreligious still indulge in businesses and thrive tremendously without ever praying to God or deity. Therefore this proves that what matters in business/forex is not just prayers, but hard work as well.

[hardworks]

Hoping and Praying Do not guarantee success!

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.


Well said. This is what happened for me. And i don't think that it is gambling. This trading style is bit risky in my experience, i need to wait for long time for profits without making profits. This will test my patience and emotions. Nowadays, i am feeling the importance of stop loss. And also trying to implement the stop loss in right place.

[shoeib]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
u r rite dude but evry traders makes mistakes no one is perfect and bcoz of tht mistake when u face a huge loss then there was no way open for u except prying and hoping...

[macblanc474]

i anticipate the affair that agreement success is to be able-bodied abstruse and accomplish a acceptable assay and put a ambition for your barter beside let your affections abroad and you should be assured and accommodating as abundant as you can .and assuredly dont depend on luck or hope.

[hamadmuneer]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.


isi liy to kehty hain ke stop loss zaroor lagana chahye warna humain pata be nahi chalta ke kab itna loss main trades chali jati hain jin ko bad main recover karna be humary bas main nahi hota so always take stop loss

[CemonG]

yes it is right that the hoping and praying is not gurantee of success for the success u must do any thing u dont reli on prayers

There is never a wrong in the forex, hoping or pray all could happen in this business. but that does not mean to pray and hope we will get one success in this field, it is always hoping with all desired, in forex is different ...analysis and sharp market situation it is more reading primary to achieve success

[tashnotashi]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

han gi app ki baat sahi ha kioun k forex trading main sirf or sirf experince he app ka sath deta ha es k elwa app ka sath kisi ne bhi nahi dena praying or hopeing jo ha na ye sirf app ko mentely satisfied kartey hane

[digger_jim]

There is never a wrong in the forex, hoping or pray all could happen in this business. but that does not mean to pray and hope we will get one success in this field, it is always hoping with all desired, in forex is different ...analysis and sharp market situation it is more reading primary to achieve success

To hope and pray that our hope comes true is not wrong, as long as you don't do both while trading. Do them outside of your trading hours, when you are ready to review your past trades, when you check your strategy, your past action. But never ever hoping and praying after you open a position.

[ghysalgreen]

There is never a wrong in the forex, hoping or pray all could happen in this business. but that does not mean to pray and hope we will get one success in this field, it is always hoping with all desired, in forex is different ...analysis and sharp market situation it is more reading primary to achieve success

I agree, as long as we can be consistent, and do all these things seriously, then there will be hope for us to achieve a success, success in forex is not easy it takes decades of experience

[eoneadit]

isi liy to kehty hain ke stop loss zaroor lagana chahye warna humain pata be nahi chalta ke kab itna loss main trades chali jati hain jin ko bad main recover karna be humary bas main nahi hota so always take stop loss

yes, we just can rely on hope alone or praying alone. though it is good, but we need to act also. so when things going bad, we need to decide wheter to cut it loss or make another trader which can minimize our losses, but of course, we don't blantaantly enter the market. we still need to strict to our own rule.

[jahangir2812]

Healthy pray is sweet and thus is hopeful however not doing any reasonably investigation and simply drama any trade or gambling within these markets and then hopeful and pray would possibly solve the aim few times however the majority of the days you'd find yourself in the wounded. Thus hopeful and pray is sweet after you have done your work correctly.

[syedraza]

There is room for hope, and only what you see here is the foreign exchange market, trade, commerce, according to my hopes. But what did you have everything you need to do, according to the rules and strategy, then, is not wrong to pray.

[TauqeerHaiderRizvi]

Logic is alway work in Forex market, do not pray or do something else to trade to the process. If you need to succeed as a trader of Forex market, or emotions he must be logical and practical. with the help of technical analysis and indicator if you place lots in forex market you most of the time your lots goes in forex market, in case if market goes against your lots by hoping and praying for reversal but i always suggest you to use SL for your lots to avoid big loss.

[CemonG]

Pray and hope it was necessary in doing every single person , but don 't have to apply in that business , in trade forex need action quickly and accurate analysis , but belief like that it cannot be denied by every traders and never do that .

[CemonG]

To hope and pray that our hope comes true is not wrong, as long as you don't do both while trading. Do them outside of your trading hours, when you are ready to review your past trades, when you check your strategy, your past action. But never ever hoping and praying after you open a position.


I agree, as long as we can be consistent, and do all these things seriously, then there will be hope for us to achieve a success, success in forex is not easy it takes decades of experience

Right , at least in the forex people always hoped ... hoping profit , not of mean after entry mini-market we just hope boss , it means we analysis not sure about us . Better do pray before doing trading and other activities and hope of our trade profit .

[didikebenaran]

Logic is alway work in Forex market, do not pray or do something else to trade to the process. If you need to succeed as a trader of Forex market, or emotions he must be logical and practical. with the help of technical analysis and indicator if you place lots in forex market you most of the time your lots goes in forex market, in case if market goes against your lots by hoping and praying for reversal but i always suggest you to use SL for your lots to avoid big loss.
yeah we have to work hard in this trade to be successful because I'm sure you just keep learning in this business can be successful and the lessons learned in this business is so diverse began to learn technical analysis, fundamental, and so on

[puri]

well, there is no harm if we always pray before trading. at least, this will add confidence menhadapi market. it is very difficult to accept the fact that the loss of our position. always use a stop loss discipline may reduce the loss is greater.

[BDforex]

Hoping and praying is good but it can not change any trade calculation. Forex market need proper analysis and disciplined way to trade. So If any trader open a trade without any analysis and hope it will gain for him. Some time he can make some profit but most of the time he may lose his money.

[playfx]

psychologically hope and pray will help traders to ease their mind, so their techniques become more controlled, well aimed and do not rush. but to only depend on this thing while you're on wrong position of course won't do any good for you.

[terajana]

I will always pray before you can obtain good results in trading, because it is our duty as human beings to God ..
while the results that we will get in trading is not necessarily good, there would be a bad outcome that we will be, and all that is God's plan ..

[kommojur]

Yes. It is the common mistake with all most all the new traders. They should treat forex trading as a systematic business. But not gambling. For successful trading we should have proper trade plan and money management. Then only we can succeed.

[nilanchal777]

bhai aapki baat theek hai aur mai aapki baat par agree karta hu.aapne jo kuch b kha sab theek kha.bina kuch jaane aap jha se kuch b profit nahi kar sakte.hope aur praying se jha kuch nhai hota.ye to apke apne dimaag se aur aapki knolage se he depend karta hai.aap ko agar sab pta hai ao he aap profit kar sakte ho.

[jahangir2812]

There is space for expect and solely what you see here is that the overseas substitute market trade business consistent with my hopes. However what did you have have all you would like to try to consistent with the foundations and strategy then isn't wrong to wish.

[kissshore]

The only time hope can fetch positive trading results is when the trader has worked hard and made evaluations and market predictions using astute techniques and strategies. It would be futile to be hopeful when no concrete strategy or tactics is in place.

[kiran]

Oh god!!!!!.....i........see.......if........i pray in trade market it will be worthless.In..forex...nobodies....prayer will be success.Coz market swing does not care anybodies pray.I.....have...........tried it many times.........but...alas!!!!!.i have been failed.

[kapil_chemical_07]

Forex business is not the matter of luck.If you want to be benifitiary continuously you must be a smart trader.Sometimes,you may the get help of fortune.But most of the cases,you have to know the analysis system.Prayer do not work here at all.So, be careful.

[grabbani]

I believe those who all are trading here in Forex trading by applying there all the knowledge and experience here in Forex trading they should keep on trading here in Forex trading and they can obviously hope and pray that they will be successful.

[executor]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

Yes, you are right, for a good long term traders should change its strategy is outdated. But, you have to realize, is looking for a small profit in order continuity and safety of capital, because the risk is very light.

[milan]

Praying is suitable and so is hoping but not doing any benignant of psychotherapy and virtuous performing any exchange or gaming in these markets and then hoping and praying mightiness compute the decide few nowadays but most of the present you would end up in the losses. So hoping and praying is neat when you human done your job right.

[been]

This is a mistake not to use Stop Los
It is believed that the rolling price will bounce from a certain point and compensate for his loss, but the price Ivh contrary to expectations and lost a lot of the points rolling and a lot of market profits may be in an unstable state is better for trading other time.

[gulab]

if a person know what mistake he is making then i think he will not repeat the same mistake for his life. and if he is repeating the same mistake then i am sure he is not in full senses.

[wahidaaa]

This is also a very good and valuable thread and in my view its very true that once we make wrong decision then we start praying to GOD and hope that we will not get harmed.The only problem is that we are wrong in our trading method and then we try to blame the forex for this failure,so its true we have to be disciplined and the luck does not comes every day to save us in the bad situations.

[shosha]

Forex profession need to smart person learns from mistakes ... , Study and takes advantage of every move by the .. We can not repeat the same mistake again and wait for the result ... This is a rule we all know well ... We must learn from mistakes and avoid it in the next time

[ISHAN5]

yes friend in forex their is not guarantee in any thing you can not said that you get profit again and again because you might get loss any time and yes friend you are right many trader get very less profit and when they invest more then they get loss and friend we have to stay away from it.

[oscar]

avoid hoping on forex business ..
we have to make trades based on the analysis and money management ..
if we are faithful to our plan, we will continue to exist and get a profit in the forex business

[barn]

hopes ! this is what we call emotions ,, if you don't control it you will lose of course ,, no hopes in trading just analyse the pair and set your stoploss and take profit and let it runing

after we open position, we hope to profit and stop loss should not be touched or experienced loss. but when it comes to losing money do not let us leave continuously and hope to be a profit because it will make us lose more and make us more stress.

[centro]

prayer is something we should do, because everything could happen by the will of god, therefore we should always pray to god to make our trade to be successful and we can get a consistent profit.

[tariktanjaoui]

in my personal opinion i think there are some solution to avoid this probleme for exemple you d'better use the stop loss to protect our capital we need also to use the money managment in addition i think Hoping and Praying it's also a good way to success.

[irome]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

pray and hope it does not guarantee we will be successful in trading, but we should still have hopes that can still trading. pray without trying the same as lying, trying without praying together in vain.

[monkedelofi]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

Yes you should not wait and keep your positions open for a long time hoping the price will come to the level you have open the position. But when you are are trading in the long term and if you have open your position in the trending direction even if there were temporary market correction price will return back to the normal trend sooner or later. So in such situations it is ok to keep the positions open. But you must be careful doing that in market tops or bottoms.

[khanforex]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

yes you are right.for some reason most of the looser will do that,we really need a system that will tell us when to quit and when to enter.if we open a position based on a signal then we have to be honest to ourself if the signal wil fail that mean we have to quit back and wait for better position to enter.it is this simple.getting angry to the market or not accepting the mistake will not harm anybody but us.

[kajole]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

Mistakes alwasy happen in forex its not a big issue but repetition of mistake can kill the equity. Trader need to learn from mistake and upgrade his strategy in a way that he never expect that mistake again. Successful trader alwasy eveluate his failure to refine his trading strategy.

[yoryo]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

yeah you are right, but I think at beggining stage we just trade with hope and pray but after some time when we gain knowlege then we began to think before openning position, but in start it just look like gambling and nothing else.

[i7ssan]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

well, there is no harm if we always pray before trading. at least, this will add confidence menhadapi market. it is very difficult to accept the fact that the loss of our position. always use a stop loss discipline may reduce the loss is greater.

[hello927]

Hope is important not only in trading but also in one's daily life. It is hope that provides life to the nerves. Without hope it is not possible to achieve in trading.Pray is also something that can not be ignored. Both must be there in one daily and business life.

[dhalsem]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

There is no place for hoping here in the forex market, just trade what you see and not trading according to your hopes, but it's not a mistake to praying after you did all the things you have to do, and after you follow the rules of your strategy.

[ahsankhan]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

yah tu hai kay agar app small profit invest karain ga tu app ko sirf aur sirf nukhsan he ho ga na he koi faida ho sakta hai app ko aur agar app aik acha capital invest karain ga tu app ko aik acha profti haasil ho ga.

[antosco]

I totally agree with you thread starter, hoping and praying does not have any thing to do with our trading. When we see that the market is moving against us, the best thing to be done should be done instead of waiting and hoping for a miracle to happen that is why stop loss is very important.

[syphertob]

no hopes in trading just analyse the pair and set your stoploss and take profit and let it running and so also they have to bring and come with good knowledge and after all they trade with the best they can do.

[safayet39]

Forex trading makes you to get exposed to a lot of happenings and challenges that faces businessmen in todays world.In forex fundamental analysis we learn about how various factors in the economy e.g foreign exchange rate,bank policies,unemployment,factory productions and gross domestic product interact to shape the economy and the way businessmen will look at them to take their decisions.Thus we are prepared to undertake other businesses.

[abdulrazzaq]

Yes you are all right, hoping and praying are sources of success in trading, I think handy knowledge and good experience and continuously eyes on international trading market are may be sources of best trading and for a successful and professional trader.

[taufiqbd]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
You are exactly right if a trader success need to take trading decision on the basis of analysis then he become success in forex. If a trader take trading decision on the basis of luck then it maximum time face loss.

[muhammadusmankhan]

hoping does not give any thing but praying gives you inner strength that is but these two things does not have any connection with the success in Forex so pray it will give you some inner peace but for success in trading learn and do hard work this will guarantee the success.

[obaid2012]

I think that well-learned, and a better guarantee the success of their trade by letting your emotions away and you are sure to set a goal and as you can be patient. And finally, don't rely on luck or hope.

[jui_222]

If a trader want to gain success from forex then he have to be logical and practical not emotional. no hopes in trading just analyse the pair and set your stoploss and take profit and let it running .

[farhannasir]

i think the factor that assurance achievements is to be well discovered and create a excellent research and put a focus on for your business beside let your feelings away and you should be assured and individual as much as you can .and lastly don't rely on fortune or wish .

[anuminam]

hoping ang praying is not a mathmetical calculation.it is not hard and fast that hope plus pray is equal to success rather this thing is uncertain so one shall face tradind upon facts and calculations so that the result can be more measureable.

[zahidrock]

Hope is very important not simply with exchanging but with your existence. It truly is desire that provides lifestyle towards nervousness. With out desire it is not doable to obtain with exchanging. Wish can be an issue that can not be dismissed. Both has to be right now there available as one every day and organization lifestyle.

[Nganti]

Yes I agree that praying and hoping is not enough for make success in our trade, beside that we must allways make learn and practise all knowlegne about forex. forrex is true of bussiness so need to understand before trade.

[zeshan]

i think the hope is the best for the traders and the prayers are also change the life of the traders like as he get the success in the trading field the traders can get the success in the trading with the hope and the prayers

[pakkar]

good hope and a prayer request right way and then it was 90% of success, although not 100%, with the full expectation that prayer recited with sincerity and in doing will lead to success magnet that will attract what we want and push us closer do what makes the prayer had been answered ameen

[zitu324]

When a trader join in forex before the trader can achieve a good knowledge about the forex. hoping and praying is not a big fact in forex. if you achieve good knowledge about forex than you will became a successful trader other wise not.

[skboyra]

its a talk like priest, the forex market is not a type of gambling. here all the movement happened there behind is a cause. so never take decision on the basis of your emotions. because for short time the luck can favor you but for long time you can be destroyed.

[liyonala1988]

Hoping and praying doing nothing in Forex. It is not relevant to this field. Those this never guarantees that you will make profits. Just you have to is analysis the markets trends and do trades help with your knowledge.

[ayakcalysta]

Yes I agree that praying and hoping is not enough for make success in our trade, beside that we must allways make learn and practise all knowlegne about forex. forrex is true of bussiness so need to understand before trade.

indeed sir, if we just rely on prayer without we can apply the strategies correctly then it will not affect the forex business that we run. unless you are in a fortunate position at that time. then while we implement the right strategy we also have to give up our hope in prayer.

[awais]

i think do your best and leave it on god . there should not any mistake in your bit .every one should get information about what you want to do than start it with your hard work . and hope for the best

[talebdpmg]

Yes friends, you are absolutely correct. yesterday I did that mistake and now my loss is about $70 in a single order. Everybody should follow this guideline.

[napkin]

i opine the artefact that promise success is to be excavation learned and head a well analysis and put a take for your trade beside let your emotions departed and you should be reassured and forbearing as untold as you can .and finally dont depend on luck or comedian .

[subashbks]

right... i think most people do the same..they will think that if they wait more..the loss will change into profit... and sometimes it happens too..but not always... so trade without emotions and one should master the use of STOP LOSS

[hassane]

the success in forex is guranteed and the loss too is not guranteed you have to make a strong strategy and you have to make a good analysis with a good management and hope you will make great result in the end , if trader use good experience he must get profit in the end.

[antosco]

right... i think most people do the same..they will think that if they wait more..the loss will change into profit... and sometimes it happens too..but not always... so trade without emotions and one should master the use of STOP LOSS

Waiting for a losing position to turn into a winning position is like gambling in forex trading. If you place your trade in the first place, you should ensure that you have your take profit and stop loss level in place to ensure that you don't become greedy in the progress of the trade.

[sajal]

To be successful in Forex, only hoping and praying to God is not beneficial, adopting good strategy is essential.Right timing in trading is important.If a man waits for a long time after opening a new position and wait even the trade is in a loss to recover the loss, he may loss his whole capital.But many traders do this and pray for the recovery of loss and making profit.Sometimes fortune favors, but not for always, specially if the trader has small capital.But if the capital is huge,waiting for a long time is not risky rather beneficial, because there is a less chance of loss of whole capital.

[ashu912]

yeah i also agree with this point, the same incident happened with me when i was a beginner in forex . I started a trade and i was in loss . I thought if I will close trade right now and open a new trade it will cost me more due to broker commission, why not to continue the trade kya pata saara loss recover hoke profit main aa jau. But I was wrong I ended up blowing my all money....

[ernestina]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

Hope is not a good way of trading the forex market because hope and analysis are two different things. The best way to trade is to use your analysis and if the trade is going bad, then analyze again to find out if there will be a reversal soon. Always be sure to use your stop loss and take profit in all your trades.

[rookie001]

Hoping is wishful thinking and a worse form of speculating ... hoping that market will come to a certain direction just because you want it to ... is like directing and dictating the market. On the other hand, praying is not applicable in forex trading ... it is all a business of mind ... if you did something you thought about it and decided it yourself rightly or wrongly ... in both cases if anything goes against you you change the attitude of hoping to praying and that is even worse. Disqualifies you as a trader. Devise a strategy ... believe me, and you will be a trader.

[aum]

pray it is good to keep our psychology that are not easily stressed brother. Especially if we've been exposed to loss and even MC. Therefore, it often makes our hearts to pray for calmer.

[king]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

absolutely yes prayer is something very important, because anything can happen, by the will of our God, therefore we should always pray the God to make us succeed and we can get a very good result. thank you for your topic

[bigearners]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
Haan, aapne bilkul sahi kaha hai, hum mein se bahut saare traders. even, mein khud aisa bahut baar karta hun ki jab meri trades losses mein hoti hai just open chod deta hoon aur sochta ki jab profit mein aayegi toh band kar dunga but most of time my account blown away. Even, such case happened myself pray to God alot to save me. But woh meri galti ki wajah se ho raha hai toh god bhi usmein kya karenge. Bhagwan unhi ki help karta hai joh apni help khud karna jaante hain.
So, i will just advice fellow trader that open your trade after right analysis and always put cut loss or SL to free from blown away your account.

[solidperson]

every one of we are facing the similar problem that we are praying that our trade never goes in loss and when we saw margin call and praying for our account not to blown up ..actually this is sentimental things ..market never listen about our mind or praying ..we should rely on our analysis

[Narr]

most of the looser will do that because they don't know when to enter.if we open a position based on a signal then we have to be honest to ourself if the signal wil fail

[cozard007]

It will never guarantee success really, what you pust in in forex trading is the only thing that can guarantee success in forex trading,after that manage your account well.

[khalil464]

you are absolutely rite hoping and prayers will not leads you toward success ....success required some effort and interest as well as hard working along with the prayers and hoping this complete package can leads you towards progress...

[abdulahi]

yes i believe so much in prayer for this forex market i do thin prayer work for it ,the only thin that work on forex is be able to analyzes the market well no mistake have good strategic that is working for you,your entry point and take profit and stop loss

[kazaforex]

Hope and pray or pot luck for the markets to reverse and turn a negative float float positive not help any trader Trading is actually based on good research and market analysis and after adherence, market movements.

[marunet]

Hope and pray or pot luck for the markets to reverse and turn a negative float float positive not help any trader Trading is actually based on good research and market analysis and after adherence, market movements.

success of our trade is largely determined by our analysis, management of our money and our profit targets, therefore we should focus more on our analysis, management of our money and our profit targets, and would be better if we make a profit target in small quantities.

[Lia]

absolutely yes prayer is something very important, because anything can happen, by the will of our God, therefore we should always pray the God to make us succeed and we can get a very good result. thank you for your topic
its actually a prayer in iringin with hard work may god will give us an advantage, but we always pray without working, it will not produce anything for us ...........

[nigar]

Hopes! available on the market most people get in touch with emotional baggage,, if you can not regulate them you are going to reduce not surprisingly,, virtually no dreams around stock trading just simply examine a two plus placed a person's stop loss plus bring gain plus give it time to running.

[Anis]

actually pray and hope is also very essential that we not only rely on our skill alone, especially if we can only expect it, it's become a very big mistake, many traders who have failed very badly at all, even until they are frustrated and finally leave the world of forex for good,
Trims :)

[ajit rawat]

hoping and praying are signs of losers who cannot think beyond there cowardness, one should be confident much that you can rely on your self coz some time you will get profit and sometime loss also...

[e001]

actually this trading do not want hoping and praying this trading want work so going a good position in this Forex trading traders should do this trading skillfully with a great hope and praying.

[mrrafy73]

I think hoping and praying is nothing if u r not a good trader.so some before here we have to knowledge with dream.As a result we will not see the future only your activity.

[vbalan]

its a talk like priest, the forex market is not a type of gambling. here all the movement happened there behind is a cause. so never take decision on the basis of your emotions. because for short time the luck can favor you but for long time you can be destroyed.

[mojcris]

yeah , that's not kinda magic or such a thing , we are trading in the real and logical world , sometimes we say that chance has a little part in our trades but praying or such a thing without any attempt would not have any result.

[nabila]

i suppose the occurrence that warranty success is to be vessel scholarly and puddle a nifty psychotherapy and put a butt for your merchandise beside let your emotions gone and you should be assured and unhurried as much as you can .and eventually dont depend on hazard or comedian .

[nisar]

hoping and praying comes in the last. first you have to learn and practice. these are the emotions if you can't control these you will lose. if you depend just on hopes and prayers and do not trade well than this is not good trading and you can't get profit.

[rana157]

main to zeada mehnat or zahanat ko ahm samjta hon.wese to har aik ko umeed hoti ha ke wo kamyab ho ga.
lekn is pe depnd karne se pehle ap ko mently prepair hona pare ga.or ap without emotion ke trading karen.or praying be part of trade ha ap khuda se jo mange ge wo
ap ko milne ke buhat umeed hote ha lekn work to ap ko khud karna ho ga.

[usama12]

hopes and praying are very important in our business....but my dear in this business there are not place emotions because its just required hard work and experience ....
then you can become a good trader....

[mike_john]

I think struggle and efforts are the keys of success... We van not get success with hoping and praying.. Anyway some time luck may effect our earning. but it is not sure that we must be earn..

[sugik]

i suppose the occurrence that warranty success is to be vessel scholarly and puddle a nifty psychotherapy and put a butt for your merchandise beside let your emotions gone and you should be assured and unhurried as much as you can .and eventually dont depend on hazard or comedian .

correct sir, success does require a lot of energy and is very precise when we really dive in foreign exchange will be able to make us a lot of success, by taking seriously is a major key in the success we have here

[coiruahmad]

We play and plunge into forex for want of hope can benefit a lot and make money.But not only eager but the ability we have only a little.Should we use our mind and thoughts how to get it right.

[thomaz123]

Yes i'm agree with what you say. if we have big margin it's fine to hold losses & hoping that it will be profit. But if you just have small margin. i suggest you to cut loss your position so it won't bigger & decreasing our margin.

[trading4life]

think that if you don't control it you will lose of course you will find no hopes in trading just analyse the pair and set your stoploss and take profit and let it runing

[Adrien]

It has been observed that many traders are surely make a constant mistakes and at the end they completely finished their businesses.It is so because they take small profits and keep the losses in running.They may hoping that the losses will be converted into the profits slowly which is a gambling.It might be very simple in the begining but at the end it will completely finished the entire business accounts.

[asmoshaa]

i think the most important character should be at the Forex trader is that the ability to learn from losing , what i mean is that we must learn from our lose and try to improve our planes and strategy or we will lose and lose again and again and that is very bad for us .

[mokas]

od course i agree with you hoping and prayning are not enough so we should be disciplined and making a strong and a hard work so as to achieve the sufficient experience to be a good trader

[yum]

success in the forex is based on the consistent performance and the trades that a make in the forex must be the ones that are making the forex successful and then we can earn a lot of money

[cozard007]

Hoping will still have many things to do in trading really, but praying will not have anything to doing really, as you are praying for sell another person will be else where praying for buying.

[ripon4x]

I do agree with it. Even I used to do this when I started trading on 2010. I never used stoploss for any of my trade and I used to wait for the trade to come in to profit. But most of the time it cause be big loss.

[mrrafy73]

I think hope is as like as emotion.so we should not hope here.here is most important things how to continue your business.so u should careful in trading.we should know the technical basic which is most important for avoid the lose.

[king]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

I think yes forex is too risky in this area if not guard our emotion and our control we can lose everything, and I'll try consielle of the technique of stop loss and take profit to have good results.

[tonmoy]

i anticipate the affair that agreement success is to be able-bodied abstruse and accomplish a acceptable assay and put a ambition for your barter beside let your affections abroad and you should be assured and accommodating as abundant as you can .and assuredly dont depend on luck or hope.

[tuturtugjtu]

Hello Friend,
I think guarantee success is to be well learned and make a good analysis and put a target
for your trade beside let your emotions away and you should be confident and patient as
much as you can and finally dont depend on luck or hope.

Thank you.

[selinabegum]

i cerebrate the abstract that warrant success is to be good learned and hit a healthful reasoning and put a take for your merchandise beside let your emotions inaccurate and you should be cocksure and unhurried as much as you can .and eventually dont depend on chance or expectation .

[sohankhan]

yes . you had wrote0the 100% right thing. you have to prove your success in trading by appropriate work. your hope is not the work for you.

[younesjoe]

yes if you have a position you can not garanted than can have a profit or can loss in this time it's a market examin a position you can see that a price change a direction and you can not do any things just a seeing

[mcceducation]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

you are right say my dear friend, maximum are repeat the mistake, and maximum are thinking the Forex trading is money making machine and they are gaming with Forex trading and then they lost all capital.

[Chi Pheo]

Hi bro. many people think forex trading likes a gamble. And because of this, they need for luckiness vey much. But in my opinion, Luckiness is not important for trader. If any one want to trade, i think they should learn about it much to get experience not wish for luckiness.

[Ahsan Ali]

Ya i am damn sure about this, no 1 helps only strategies help you. So next time before cry over split milk must make better strategy. Always make strategies in ur mind, what and where to apply them.

[t123]

Success always depends on your trading quality & your skill if you want to learn anything you need to try for those. If you only hope & pray to the god he can't help you without your practice when you work hard for your destiny i think you can gain the success.

[rock]

hoping that you will earn good and just praying for it all the time is not going to do you any good. "hard work is the key to success" is not just a proverb, its reality. and applies here too. you need to work hard to learn before you perform well

[arju0011]

The thing that guarantee success is to be well learned and make a good analysis and put a target for your trade beside let your emotions away and you should be confident. they have to learn and practice before they go into this business, not only bring their dream but also they have to bring and come with good knowledge and after all they trade with the best they can do. Anyone cannot give guaranteed success in trading because anyone cannot know what will happened in future. Thank you.

[cultus123]

these do work but the actual thing is the reliance on your abilities and If a trader want to gain success from forex then he have to be logical and practical not emotional, so learn then hope to earn

[mr forex]

sucess will depends on our work and activities and strategy and rules
so we should all time work hard theb=nwe will reach in our aim
other wise fall in lose .

[doyinfaloni]

i agree very well with you because forex trading
is a very risky market that can be done successfully if you
understand the forex market so that you can make profits

[sinaga]

yes, with the hope and prayer in the trade can not guarantee we can become a successful trader. This trade requires the ability to use our skills in technical and management disciplines set in accordance with the plans that we made the trade.

[ali1011]

I think pehly to hamen cahiye k ham apny andar wo ability create karen jo k trading k liye require hy and then ap ko apni effort ko complete kr k phir cahiye k ap praying and hoping karen without working aisa nhi possible k ap ko pray sy profit mil jay

[ship]

hopes ! this is what we call emotions ,, if you don't control it you will lose of course ,, no hopes in trading just analyse the pair and set your stoploss and take profit and let it runing

[fahadtoforextrade001]

I! This is what we call emotion, if you can not control it, you lose the right course, do not expect the pair to trade, and the analysis of a stop loss and profit of the steps set out .

[usharoy007]

i think that we should wait when we can get a good profit in the forex market,we must know the market possition in all the time and we know that without praying we will not success.

[zahira]

i think that we should wait when we can get a good profit in the forex market,we must know the market possition in all the time and we know that without praying we will not success.
Yes analysis is the indicator whether you will do good or not in your next trade, a good trader put more emphasis and time in analyzing the indicators he used rather than putting time in making an order. It is better to focus and concentrate in analyzing especially fundamental aspects that can make a movement change.

[Money hunter]

Recently can improve every investor's chances of success under different market conditions.... Hoping and praying Do Not Guarantee success.

[ToengToeng]

Yes my friend, hope and pray cannot be relied on when it comes to forex trading, because you cannot be certain about your fate if this is done. It is best to practice and learn hard to be able to maximize your analysis accuracy and also backed up with proper managements. After doing this, then you can pray just to add an additional seasoning to your confident.

[cozard007]

Well, with luck, i think hope can still work, but the prayer is what i don`t buys its idea, as you ate praying for sell, soem one out there is also praying for buy, what will then happen>???

[ranim]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling.
and you should be confident and patient as much as you can .and finally dont depend on luck or hope .

[forexwallet]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
g han bhai sirf hopping aur prays se kamyaabi haasil nahi ki jaa sakti balke is ke liye kuch khud se be karna parta hai knowledge haasil karna parta hai strategy dhundni parti hai etc

[dewik79]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

Expect no good way of trading, it is a waste of time. Hoping and praying is a good attitude, but it is accompanied by our perseverance to constantly improve the quality or capacity of self.

[Yovraj]

I am a new comer in this site . I have no much idea . I think that A forex trader should have to trade with logic not hope, praying or something else. If a trader want to gain success from forex then he have to be logical and practical not emotional. Thanks ..

[themefast]

hello bro,
I think you are right. In forex hoping is nothing because hoping only work on gambling work. If you have good knowledge about forex trade and get some experience then hoping and preying are never needed for your trade. So, try to get some quality then all is well.
best of luck

[sharabela]

You are very right. There is no point of hoping and praying if you have done a mistake with your trading. Get proper experience and do well in this business. Luck does not do anything here. It is all about your wisdom and experience.

[Bangla Forex Rider]

you are 100% right.
if you can't do fundamental and technical analysis. and also if you can't detect the price action then no matter how much you pray
the final result will always be same and that is you got kicked my market

[nasima]

Hi guys I think that
In forex if a trader can't trade without emotion then he can't gain success form success. A forex trader should have to trade with logic not hope, praying or something else. ................................

[koushik]

i conceive the artifact that warrant success is to be vessel learned and play a vantage reasoning and put a place for your interchange beside let your emotions gone and you should be assured and enduring as some as you can .and eventually don't depend on luck or plan .

[dadi]

hopes ! this is what we call emotions ,, if you don't control it you will lose of course ,, no hopes in trading just analyse the pair and set your stoploss and take profit and let it runing

[cuonghpftu]

yes of course hoping and praying guarantee ha is forum main ap ko sirf kcuh batoono ka kas kahal karna para ga ap ko emotion nahi hona chayia trading main ap ko both sara profit hasil hoa ga is main yaqeenan profit ho ga ap sirf or sirf price ka wait karan kam profit ko no dhoko ap hamassa zadia profit hasil karana aor ap yaqeeanan kamyab ho jaina ga.

yes, I often do that when I was still new in forex trading. I often leave a large floating position and like to close the trade when I get very little profit. I hope that I will come back floating position and proved to be bigger and even served until exposed to a margin call....

[kinwan]

Hoping And Praying Motivates Alot in trading Business ,This will also mean that we will be able to know how is the trading we do is going on and how much scope is their for further improvements.

[wantrich]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
It is very dangerous to do that, we should set take profit and stop loss., then we can make more profit and avoid bog loss. For me i usually set take profit and stop loss for all my trading, until now i made some profit.

[clark kent]

In currency trading if a investor can't business without feelings then he can't obtain achievements from achievements. A currency investor should have to business with reasoning not wish, hoping or something else. If a investor want to obtain achievements from currency trading then he have to be sensible and realistic not psychological.

[clark kent]

i acknowledge wiyh your viewpoint, currency dealing is not anything without information. we can not be sure the cost activity. but we have many methods to forecast the cost of industry. a very important factor don't keep money conduite and psychological management when dealing on

[traderking84]

i think you are right praying and hoping have no place in forex market you should be more practical try to focus more on learning and gaining knowledge rather than hoping for some over night miracle to happen

[esif]

Hoping and Praying Do not guarantee success!
You are right forex is not the business of emotions, and the hope can not make the difference but the fact is that, a good trader accepts always when he or she opens wrong positions, then he/she close it quickly and control the further loss..

[yola]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.






hi members,
i agree with you friend,in forex their is not guarantee in any thing you can not said that you get profit again and again because you might get loss any time and i think many trader get very less profit and when they invest more than they get loss and friend we have to stay away from it.
good luck :)

[Jack]

i think you are right praying and hoping have no place in forex market you should be more practical try to focus more on learning and gaining knowledge rather than hoping for some over night miracle to happen

I am agree with your statement, Forex trading is not business in which traders can earn money by only hoping and praying. Only handwork with knowledge and experience can give result in fever of Forex traders. I accepts luck needed in Forex but it is not one & only factor to get success in Forex trading.

[taufiqbd]

If a forex trader become success in forex trading then he should learn forex form mistake and write down the reasons of loss. If a trader do not gather lesson from his lesson then he never be success in forex trading. To success in forex trading a trader follow all trading rule and discipline way trading.

[kavita]

success is totally depend upon the hard working in the forex and develop our capacity how to analyse the daily trend of the market and according to it make better policy and implement in the market at proper time

[mmm2013]

I think the best way to achieve success is that we be well informed and a study of the market so that we can do something successful deals check us profit easily

[kutub]

In my mind i experienced that if a human jazz what slip he is making then i think he leave not repetition the homophonic nonachievement for his chronicle. and if he is continuance the corresponding mistake then i am certain he is not in ladened senses.

[singh1988]

I am totally agreed with you that when e'er we unsettled the trade in the Forex market we are hoping and praying that it gift hit the know profit extent instead of striking the block loss atlantic because any feeling can befall in the Forex market at any period no embody can make vouch.

[boniez]

besides of course we had to try and also accompanied by prayer, because after all if we do not pray we are also hard to get a windfall blessing to our liking

[Isafan87]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

Yup, I agreed with your post dude. We should change hoping and praying to learning and practicing. In that way then only we can hoping and praying that all of our big efforts of learning will benefits us. Small or big the profits is not the matter. But the way to earn it with the right strategies and the consistence of our earning is what matter the most. Good luck all.

[zahidrock]

This is business and every business need hard working. If you did not make any working and just pray for making profit then you will never success in this business. I think hoping and praying is useless for this business. Everything depend on your analysis and hard working.

[ashu912]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
yeah exactly right hoping and praying will not let you always win in forex you will have to ultimately learn a lot if you want to survive in the long run in this forex trading.Yes you can earn for some time from gambling too but you will have to switch to "learning and than earning" principle some or the other day.

[jmsblack18]

I am agree with your statement, Forex trading is not business in which traders can earn money by only hoping and praying. Only handwork with knowledge and experience can give result in fever of Forex traders. I accepts luck needed in Forex but it is not one & only factor to get success in Forex trading.

Praying and hoping doesn't guarantee success. But that is mentioned to make us become stronger when trading because we know the hope still exist. That is what hope needed , to make us keep wake when we fall and lost any money. Praying need for keep our love and make our goal guaranteed when trading, so we never will despair. So keep both in trade to success.

[Ownway]

I think so much that success which has no guarantee and also loss has also no guarantee. So i think we have to be prepare for all the time that any time loss will come and also side by side a great success will come. So Hoping and praying will be continue for all the time.

[AA2]

In forex trade if some think that hoping and praying can bring success then it seem to me great foolish act. To success in forex trade depend your experience , strategy , and knowledge. Emotion also play in important role in forex trade. So control it when trade. A successful trader always follow the forex news.

[mare]

I agree with you my friend prayer and hope it did not work in the forex market.In my opinion, what can benefit you is a long experience in the field.

[maaz]

nothing dear repeated mistakes never give you lesson if you dont learn from your first mistakes or the second and from others mistakes also,buta trader can not depend only on hope or pary for better trading,

[forexdon]

i hope that i will have to success in the Forex but don't know when to success because each time market situation is different not same and we have to take some mind on the Forex some time it will be helpful for us to earn handsome amount some time market situation is not to make handsome amount

---------- Post added at 09:58 PM ---------- Previous post was at 09:45 PM ----------

dear Forex is depend on the market there is no loss all the time and there is no profit all the time some time it have a lot of profit some time it have a lot of loss and some time market situation is different so it is very difficult for us to earn profit so Forex is not the same at all time

[hatemali]

yes you are right.for some reason most of the looser will do that we really need system that will us when to quite & when to enter.if we open a position

[asadkayani345]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
g nahin aisi koi bat nai he i think k ap forex mein agar kaam kar rahay hain to forex k mutallaq koi bhi banda 100% nai bta sakta he and is k liye yahi hota he k ap jo bhi kartay hain woh ap hopes k jareeyay hi kartay hain and is k sath sath ap praying bhi kartay hain ta k ap ko kamyabi hasil ho sakay...

[aun]

Ji han pray karny se market par koi effect nahin hota. Sari dunya ke traders hi apna profit chahty hain . ZZForex ko practical ho kar kia jaye aur trend ke hisab se chalnay se hi success hoti hai.

[sagulcuy]

if we just hope and pray without any effort we are not going to achieve the success we expect and we pray that ....... keep the hope and prayer that we must strive and seek leverage from our soul this ... thus hopes and our prayers will be answered and menacapai what we hope and we pray for this .....

[featurelion]

jee bhai ager hum dua or umeed per hi rehein ge to kabhi bhi success nehi paa sekien gey, umeed or dua isi ka saath deti hey jo trader sekht mehnat kerta hey kunki mehnat k beghair kuch nehi milta he

[mage]

if we just hope and pray without any effort we are not going to achieve the success we expect and we pray that ....... keep the hope and prayer that we must strive and seek leverage from our soul this ... thus hopes and our prayers will be answered and menacapai what we hope and we pray for this .....

Many traders in the Forex think in actual they are praying for that succeed in Forex and this is very good that Lilja man to Allah in order to bring him success and in order to help him to reach the money and to get to the experience of working on the forex market and this is very good

[shakerchy]

A Forex trader should have to trade with logic not hope, praying or something else. If a trader want to gain success from forex then he have to be logical and practical not emotional.In Forex if a trader can't trade without emotion then he can't gain success from success...

[Redcandle]

I never wish for these when i trade. Do not pray for God and do not hope that luck can give you money. If traders want to earn money, there is no way way for them but learning to geting experience to rise their skills. And then, they will take green pips, take money easily.

[Metal000]

Well.Praying and hoping for profit is good but sometimes your emotion causes huge losses. Sometimes traders are keeping their winning trade and hoping more profits. In this cases sometimes market goes against the traders and they have to face huge losses. Trading without emotions is very difficult in Forex. I have to lose my whole capital because of trading with emotions.This is called foolish trading.Confidence can be the cure for this problem.

[cresteden]

I quite agree with you becoming decisive when in an unfavorable trade is very necessary and important else hoping without a genuine convictions about the retracement of that trade is unwise that goes to show the need of placing trades that are of good winning tendecies but if you find them funny your trading parameters would set you at ease.

[kobhokhan]

hope and prayer it will not guarantee a successful trader if not balanced with effort and hard work in doing the analysis, but the hope and prayer can also play a role as part of the psychology of trading, so that when we controlled mental trade is not greedy in setting profit targets and patient in waiting for the right moment.

[mr kashif]

i think apki thread to bohut achi hain par is main jo explain kiya huwa hain wo sahe nahi hain becuase zaroori nahi hain k hum loss kar rahy hain to hum forex main achy nahi hain dekha jae to forex main jo bhe loss karta hain & wo isliye karta hain q k hum apni mistake se learn karty hain!

[ku_lock]

hope and prayer it will not guarantee a successful trader if not balanced with effort and hard work in doing the analysis, but the hope and prayer can also play a role as part of the psychology of trading, so that when we controlled mental trade is not greedy in setting profit targets and patient in waiting for the right moment.

yes it's true, because I think more important is the fact that our actions, for our actions and it will make us even more to know about this forex business. course of action to learn everything about forex business. because after all we are more and more knowledge about forex business, it will make us more able to know how to benefit from this forex business.

[kharisma]

hoping and praying still important but we have to make good startegy and good money management
to get in the areket in the right time so we can make profit consistenly every trading we do..

[hitmanben]

that's the indecisiveness that hurt people beside greed. and or them i use "stop loss" and "take profit". and then close the platform.

[DANISH]

Its absolutely right that hoping and prayers are not sufficient but when wo hope or prayers then a minor chances become to complete ur work.we should hope and prayer only for allah and not for any person.

[fandi]

we still need hoping and praying to help us to make good decision in our trading
so try to do that and we have to trading base on own good forex trading strategy to get profit..

[hamza12]

well... es i do agree to you in this that both these things are not guarantee of our success but yes ! if we have a strong hope and believe in our selves then it is easy for us to trade in a better way and we can pray also because it can change our fate also.

[amity]

Of course, we can't rely accurate success by just hoping and praying alone. Before doing trades, it is a must that we have to have market analysis first before we will enter a position in order for us to keep away from failing or losing our trades. However, faith with hopes and prayers also have proven by those devoted to have profited from their trades.

[sweetrevenge88]

Actually there is nothing wrong if we are hoping that the price will return back but we should also have to understand that the market does not acknowledge prayer or traders hope. The market moves on it's own and nothing we can do to change it.

[natasha]

yes i agree with you that we cannot make profits by praying and hoping and i believe that we will have to be very much hard working and will have to practice a lot to become successful and also we should be very much focused and will need a good trading plan

[sind]

It is a mistake often repeated by the traders to quickly encash the profit and hope the losses will turn to profit. It is a simple illution that their strategy or trade is going to make atleast a small profit sooner or later. It is s syndrome which all succesful traders have to break:)

[aalul]

for hoping and praying should be in use as the main thing in forex trading, the hope is good and he is confident of success in trading will be on tuntunnya peroeh the road to success and confidence that

[10pips]

yes, that is not guaranteed us to got the success using the hope and pray, but we need to including the workd ahrd too, actually work hard on the forex is not guaranteed us to got the success too, but using the hope and pray can give us more of the chance for doing the good trading

[FREEDOM]

Yes what you said is true. Hoping and prying are spiritual factor and they are not involve with price direction in market. If we want real profit then we need real action such as analysis, reading news, sharing with others trader, etc...

[bolaadewumi]

hope and prayer will not do anything with the market because the market has nothing to do with religion and when the market is not doing what you expect it to do instead of praying and hoping stop out. When the ship is sinking jump dont pray.

[Forex oscar]

I agree with you .
beside praying, success need work . work is the main thing that we have to do if we want to be success.
newbie open the trades without any learning, hoping for profitable trade! without any strategy to follow, that is a crazy thing from him

[amit87757]

Hoping and praying for good return from Forex market is a good idea. Every one comes here for fulfilling their own hopes and needs. But hoping and praying that the market movements is according to you is a bad strategy. Market moves according to its trend and a good trader must have knowledge to read this trends.

[retnotriwulandari]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
yes.
in my daily life i have to do many work, there have some relationship with forex. if you learn about you can understand that how to do business in market in not only teaching us about forex market but it is teaching us about out trading system which can be use in other way.

[kabbo143]

promising besides pracying will produce zero if the trader sign not effect calling shield good, they postulate to elicit further start before they try matter this business, not idiosyncratic transact their image but again they trust to transact and surface blot out correct acceptance again meeting plenary they line stow away the incomparable they authority reach ,
pray before they racket again idea when they are impact philosophy abutting lead some reflection further inarguable now what they actualize again we distinguish that the booked results is the skill of prime mover

[sagulcuy]

If we only have hope and pray without effort certainly hope we do not get it ..... because forex trading requires hard work and efforts of the traders themselves .... not only can hope and pray ... ... but accompanied by hard work ... we are sure it will be successful in forex trading ..... and the success we've achieved with great effort ......

[Alexander Alexander]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

when you are are trading in the long term and if you have open your position in the trending direction even if there were temporary market correction price will return back to the normal trend sooner or later. So in such situations it is ok to keep the positions open.

[nubieforex]

until this day ahead every one of we are facing the similar problem virtually no dreams around stock trading just simply examine a two plus placed a person's stop loss plus bring gain plus give it time to running that we are praying that our trade never goes in loss and when we saw margin call and praying for our account not to blown up ..actually this is sentimental things

[nyiel100]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.
in my opinion every newbie has that experience that always hurry closing profit and let the floating minus waiting for retrace and become get profit without analyse the movement of the market,but it is such kind of a lesson that teach us all it should not happen again in the future,and to solve this problem is by learn to be dicipline especially to our money management