View Full Version : How To Be Consistently Profitable in Forex Trading.
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mashiur123
2012-10-10, 01:17 PM
consistently profitable in forex is not possible so the thread owner to keep track of your own trades so that you can understand what exactly working for you and what makes you lose.
aptx4869
2012-10-10, 04:55 PM
Without suffering people will never want to go forward, buffalo about to be whipped first before going the way, if you feel the bitterness of the world forex loss MC and there is a very valuable lesson. Most of the MC and the loss is not because the system is wrong, but because it often violate discipline
Agree my friend, i like your words. We must make good start before we can going forward. Forex is really good business. But, to get success is not easy. We must have suffer first to get success. Many trader think if forex is simple and easy to gain money. that was wrong mindset. Need long process to get passive money from forex. It need long experience with good strategy and management. So, we need to practicing everyday.
erwin
2012-10-10, 06:32 PM
consistency is the result of causes that we do
if we do well then the result will be good pu vice versa
trading in the world if we properly analyze the consequences profit
but if it is ready for analysis at random origin anybody with loss
nanoni
2012-10-10, 07:07 PM
is to achieve consistency it is not easy but we should also try it occurs, and therefore learn more in forex, especially about patience and discipline in implementing the trading plan will lead to greater consistency we expect
junaidi99
2012-10-10, 07:11 PM
in business, consistency is very important. Here we tested how strong we are able to survive in any conditions. many forex traders are not suitable for them when experiencing loss. when the loss is part of the risk in trading. profit slightly but consistently much better
symoon24
2012-10-10, 07:17 PM
In forex its very hard to make consistently profit. If you want to consistently profit in forex you must use best strategy and set small tp and do no over trading and set specific target, I think in this way you can make profit in forex...
mizishab
2012-10-10, 07:37 PM
If my guidance does to make earnings continually by perfecting the specialized, essential, and can comprehend about currency trading beul was the second most essential is control is very essential to keep our investment.
fendy
2012-10-10, 09:47 PM
indeed the smart technical and fundamental analysis can not guarantee consistent profit. This is because factors greatly influence the success of the trading psychology to be able to consistently profit. That's why forex trading is not just a science takes skill and ingenuity.
sikil
2012-10-10, 09:47 PM
in addition there is a strategy in forex luck factor that can not be learned, 'that is difficult forex where many geniuses who can not forex
lakoi
2012-10-10, 09:56 PM
Gary, waste of you time. he also never answers others posts or questions. Must be a Guru
mokas
2012-10-11, 05:27 AM
first of all thank you friend for this topic, and i want to say that in forex trading there is no secret or something to be more profitable tha others but i think that if we learn discipline and money management i am sure that we will increase our profit well
that in my opinion a long time for us in the learning process is not a problem as long as you later get a satisfactory result, while we sacrifice we make in the learning process consistency to our success.
fikram
2012-10-11, 07:38 AM
profit we earn on forex certainly needed a system that has been tested so that it can generate consistent and stable profit. rather than a system based solely on luck. therefore it is necessary to research for a system that we will have. whether it is consistent or just lucky
hendarto
2012-10-11, 09:53 AM
when trading profit, sometimes we forget to control the greed, which can lead to carelessness when performing open position. for it while maintaining discipline in trading, so will be able to remain consistent.
casiotab
2012-10-11, 09:55 AM
Its rely on the investor technique and their information and dealing experience that how they want to be get the benefit everyday but its not so hard to get the everyday benefit but need to be learn the currency dealing information and then business with real account.
norix
2012-10-11, 10:09 AM
when trading profit, sometimes we forget to control the greed, which can lead to carelessness when performing open position. for it while maintaining discipline in trading, so will be able to remain consistent.
outline we just want our advantage is always there in every trade, so we can maximize what is in MT4 well and make ourselves an advanced system of good
greed when there's a chance it could happen to anyone
farooq
2012-10-11, 03:31 PM
when a trader control their emotion then he would earn with consistently profit if a trader never have the bearness of loss then he never profited and the emotions caught him badly
nanoni
2012-10-11, 07:56 PM
consistent; - loyal to ex trading system: defining the SL and TP to be achieved, not only with feelings of pairs order only ex: it would continue to order lots of big drops, it's like going up keep big orders, trading as it does not feel right inconsistent; - accept defeat within tolerable limits do not get emotional on the next trade.
pavais
2012-10-11, 08:20 PM
I did so, because the trader is influenced also by factors of capital, this will affect the psychology of the trader. Moreover, the snapper was of course also has a lot of his experience in trading, so was able to enjoy the business.
suzonbmw03
2012-10-11, 09:36 PM
Hello, I can’t seem to be consistently profitable in Forex trading”then they may follow on by “I know my forex trading strategy works.. but i just can’t get profits month after month.As we know forex is not a easy business it requires a lot of learning and practicing and experties come with the passage of time.
kokol
2012-10-11, 10:33 PM
forex intelligence rely not only alone, but also involves emotional and psychological one, because as soon as someone breaks into market forex market will easily affect a person's mind, if its not stress, alert
perez
2012-10-12, 12:22 AM
indeed psychological factors that influence on our trading. that our psychology is well supported with a good strategy in trading, it would allow us to trade well and will get a good result as well from our trading . because psychology is the part that determines how well we are in a trading
malik kaleem
2012-10-12, 02:07 AM
As previously mentioned, trading the index by replicating its exact share composition would be a costly and a time consuming task.
sikil
2012-10-12, 05:54 AM
Learning from the mistakes that we have made is rarely done by most traders. but someone has made me realize how it should be trading. Let us not focus on profit but to focus on how we read the market.
Available 24 hours from Monday - Friday, and it's up whenever and wherever we want.
To be sure when to OP in real acc if to be sure, and is believed to be consistent with science and profit targets.
Fibonacci Gartley
2012-10-12, 06:45 AM
we must have:
1.CLEAR STRATEGY
2.MONEY MANAGEMENT
In Forex Trading, strategy and management mioney is a necessary condition for the order to be consistent in profit. To obtain a suitable strategy for each trader, must adjust to the character of the Trader itself. Strategy may be suitable for one person and profitable. but others may not fit and hurt. And all it takes a long time and learning.
aptx4869
2012-10-12, 07:35 AM
I think if we are already have good system or we are already have good understanding, we just try to get some emotions control. Because the main causes which make our trade become bad is our emotions. Even if we are alrady have good sytem and good management, if we are failed to control our emotions. I am sure we will not make good trade.
if we were want to got profit and for consistently profitable earning we should must be work hard and control emotions in during trading and then we can als0o have patience in loss then all the things were easy for used and we can easily got profit and earn this
sayed2012
2012-10-12, 11:01 AM
consistently profitable in forex trading, so that some of the rules and condition that you describe can be directly applied in practice in demo account first and learn for forex trading, I see you are very good strategy , but I beg you at once with the sample images.
sikil
2012-10-12, 11:47 AM
consistently received due to the time we are too oversized lot so when loss is inevitable due to multiple losses we are not consistent so we are thrown from one trader to gambling bettors survival regardless of whether tomorrow we could still trading more or mandatory deposit again if a margin call is inevitable.
dennyandre
2012-10-12, 11:58 AM
It's probably obvious basic tools you need for forex trading, but this is not the only tool needed to be successful:
1. Forex Trading Account
2. Forex Trading Platform
3. Forex Trading System
4. Forex Risk Management
In most cases, novice forex traders tend to think that this is all they need to be successful. So simple and easy, is not it? True, this is all you need to start trading. But what is not so obvious is that while this is what you need to START to forex trading, it's not necessarily what is needed for profitable trading!
perez
2012-10-12, 12:14 PM
if we have good trading course, we can produce a profit, but if it is not accompanied by consistent then we become distracted and psychology can affect our minds and our analysis would be disturbed
uknim
2012-10-12, 12:56 PM
clear that a person's intelligence will not guarantee what they will get later, there they were stupid but because his fate well then he can succeed there is also those who are currently in due course, but he likes to work hard and eager to progress him so he would successful, so what else they are smart they will often clear loss if he did not work hard in this trading.
diljaladj
2012-10-12, 03:07 PM
The key to earn profit consistently is always trade with lower lots/volume and always do it quickly never wait for getting more and more profit as in my view 10 times profit of 20 cents makes 2$ so basically instead of waiting for earning 2$ profit in one order its better to make small but consistent profit.
erwin
2012-10-12, 04:29 PM
we face the consequences no one can be of encouragement and some are made pessimistic on ourselves, only having a mental steel trader can make of encouragement and consequences as it is to be a successful trader.
mircle
2012-10-12, 04:38 PM
continue to strive for success by learning and trying we also have to keep a lot of praying because everything was there that organize the same, so ask the regulator so that we can achieve consistent profit in forex trdaing
fendy
2012-10-12, 05:16 PM
difficult to be consistent if the psychology of our own we have not been able to control, if greed and emotion that we have been able to control so we can be self-consistent and disciplined, consistent itself requires patience while we both profit or loss when we experience
adikha
2012-10-12, 05:22 PM
When we are disciplined and consistent though small profits but this covers discipline, then the thing to do is create a goal that must be achieved in a day, and if the goal is reached then opening new transactions, the principle of trading once again the next day in my opinion. It's hard to be consistent if it is our own psychology has been greed and emotion. if we have been able to control so that we can be more consistent and disciplined, consequential ya just need patience while we both take profits or losses
fxmoney
2012-10-12, 07:39 PM
If you have to get consistant profit from the forex trading then you must have to try to trade with low risk and beside that you must have to use strict stop loss for your trades so that your trading will not affected by the emotions at any time.
hmidaanas
2012-10-12, 07:50 PM
in forex its very hard to make consistently profit. If you want to consistently profit in forex you must use best strategy and set small tp and do no over trading and set specific target.
junaidi99
2012-10-12, 08:03 PM
The most common cause of loss is not disciplined by the trading rule. often we are tempted to gain more profits. This action actually cause greater harm. do not be greedy and keep your trading discipline
consistency that we face there could be pep and some are made pessimistic on ourselves, only having a mental steel trader who can make the consequences of pep and it is to be a successful trader.
markoto
2012-10-12, 10:09 PM
to be able to get a consistent profit trading takes a lot to learn and practice with the demo either instantly or real account. without learning that it will be very difficult for us to find an effective and efficient way to get a consistent profit in each of our forex transactions.
Jones
2012-10-12, 10:46 PM
In this market to be consistency in profit is to always to be learning and training all the time. What that is brining success in our business is the amount of experience we have, this is more reason our people use to say that experience is the best teacher.
ishvara
2012-10-12, 11:13 PM
Just through a constant practice and personal development, we can succeed in this business and have high profitability in forex trading. Profitability in forex is a long term process and can only be achieved by a trader that is active and accurate in learning.
perez
2012-10-13, 01:09 AM
I think everyone is born smart. were all the same.
smart it can be trained, trained by learning.
it must diligently study should not be lazy.
if there is a will all happen.
malik
2012-10-13, 03:13 AM
Consistent profits kay liye continuous learning bohot zaroori hay aap ko market kay badlaty behaviors ki achee trah say samjh hona chahiye au rye tab hi possible hay jab aap kay pass acha aur deep knowledge ho jo learning say hi possible hay.
bunty
2012-10-13, 08:27 AM
if is the platform where you have to take proper attention in forex after that you can take the profit forex me lagatar profit kamane ke liye forex ke basics ko follow karna sabse zaruri kaam hota hai. iske ilawa logo ki opion be padni chiye log aapko sahi guide karte hai
nanoni
2012-10-13, 08:59 AM
The most severe recklessness is opened without the use of OP analysis because lack of patience in waiting for a signal from an indicator that Op carelessly and end loss, incidents like this are often repeated in the trading account of a newbie. Patience is the key and a prudent trader in trading.
edomz
2012-10-13, 08:59 AM
to get a steady profit. we have to know when to stop and wait for the right time to trade forex again. sometimes greed make us fall. the point is to be patient. do the work step by step.
mumun
2012-10-13, 09:33 AM
trading is easy but it's hard to be consistent, because we have to hold our patience when waiting for the right moment to trade, without psychology is good, then we will act out of our senses before
aisfx
2012-10-13, 09:41 AM
In this market to be consistency in profit is to always to be learning and training all the time. What that is brining success in our business is the amount of experience we have, this is more reason our people use to say that experience is the best teacher.
use the money management is a way to consistency in profit in Forex trading because it can reduce the risk of a margin call in Forex trading, disciplined money management system trading plan, consider the lot and capital and margin correctly, use stop loss as better
truegoa
2012-10-13, 12:46 PM
You just need to stop consistently losing in your trades.. thats it.. If you just know why you are losing.. then you will find out how to make profit.. So dont take your losing lightly.. they could be your dark horse in this race..
The problem will just occurs when we know that our trading system has some violation, or our action to that system which has some fail steps, but we do not really know how to fix it. Well, many traders live in that condition. They know there is something wrong, but they do not really know what is it. And, the other problem will be some of us can easily describe what is actually the problem but can not force their own self to do what should do.
mircle
2012-10-13, 02:29 PM
emotions are difficult to control but kl is the way we think well formed when emotions would certainly be easy to restore a sane way of thinking
certainly it was emotional kl should think about what caused the emotion going on but we should think about the conditions in which we would work better in than to use our emotions
lack is a constraint on the initial joining in lost out in the forex market analysis and determine the exact hours and conditions in the tidal position
fendy
2012-10-13, 02:42 PM
to be consistent, we must learn to discipline the profit that we get, and not greedy in getting profit, as associated with a good psychology is very important in every activity we use it on our trding
seeker
2012-10-13, 02:44 PM
for forex trader they open two chart to compare with other chart so they can decide when to open positions or not ? caused they use the EA in decoy chart..
maryam
2012-10-13, 03:36 PM
is not easy to be consistent, and therefore we do not easily feel ourselves already smart because our ability to conduct trade can not be measured by the results of the existing profit, so for days no one can be sure that we will always succeed because many factors affect the quality of our trade ..
yasir1
2012-10-13, 03:53 PM
ap ne bohat achi tarha se describe kia hai main samjhta hun ke ager humary pass trading ke bary maiin acha knowledge ho to humain achi income be mil sakti ha asaani se aor hum achy trader ban sakty hian
josimuddin
2012-10-13, 04:01 PM
well this is big problem if the trader make losing with consistent and they have to change and fix all the problem and complete them as well as they can do, and it means that because they have serious problem with their trading
markoto
2012-10-13, 05:35 PM
Consistency is needed in trading activity. Many traders do not consistently implement a system of its own that is happening is a loss not a gain. Consistency will make us achieve success in a systematic and each target will be easily achieved.
mashiur123
2012-10-13, 09:33 PM
i think that how to be consistently profitable in Forex. so it is very anxious about losing but you found out that you loss when you do that. the right way is to be patient and you will made profit if you use best strategy and best inter point.
rebate lover
2012-10-13, 11:01 PM
Well success is combination of many things, good analysis, good source of information, good strategy, good profit, stable profit, good money management, good self control, etc., If you possess all the components then you may consider yourself successful, if any of them is not achieved but you still can get some income from forex, then it might be the luck which works for you so well, which is also something good, hehe.
malik
2012-10-13, 11:07 PM
Consistent profits earn karna har trader ki hwahish hay lakin wo hi log consistent profits earn kar sakty hain jo trading main discipline ko follow karty hain aur jo risks ko theek trah say manage karty hain. Agar aap nain is market main risks ko manage kar liye to aap ki 50% success ho gay.
ObaFX
2012-10-14, 01:28 AM
making consistent profit is the dream of all traders and this is achievable by developing a good trading strategy and applying a good money management tactics to compliment for failure is the trading strategy.
onlinedollars
2012-10-14, 04:36 AM
My motive was not to seek entry points, but rather to provide some statistically valid times of day when a movement might appear against open positions.
I can say that in my opinion, there's no statistically valid time of day for reversals, or, indeed, continuation moves
marsya
2012-10-14, 04:51 AM
My motive was not to seek entry points, but rather to provide some statistically valid times of day when a movement might appear against open positions.
I can say that in my opinion, there's no statistically valid time of day for reversals, or, indeed, continuation moves
Just keep on good result and keep good strategy, forex have powerful performance to make us interested to trades forex even we have earn some good profit, and I think many trades have experiences about losses after eaning because keep trades in forex to earn more and more profit when the conditon turn to not support for open trades.
erkin
2012-10-14, 05:05 AM
Just keep on good result and keep good strategy, forex have powerful performance to make us interested to trades forex even we have earn some good profit, and I think many trades have experiences about losses after eaning because keep trades in forex to earn more and more profit when the conditon turn to not support for open trades.
Yes there are some important rules for trading forex those are the rules.Basic knowledge of forex is so much important. Treding with trendlines is the key to success in forex.Always use stoploss because it can protect the equity.
erwin
2012-10-14, 06:13 AM
consequences should we make reference us in our pursuit of profit. lest any greedy or careless in determining OP, because everything would be detrimental to our own.
ctgboy
2012-10-14, 06:24 AM
I considered forex is a profitable business in the world.
mircle
2012-10-14, 06:29 AM
Here, the role of psychological, because we must have a commitment and a high level of discipline in applying the trading plan that has been created before, trading is aiming to make a profit, trading plan soon is one of the factors supporting.
fendy
2012-10-14, 07:20 AM
consistent also need to be trained in forex has nothing to do with the clever, but consistent itself relates to us in the face of market psychology, psychology assure good good system will all be fine finished
zahira
2012-10-14, 07:37 AM
Well success is combination of many things, good analysis, good source of information, good strategy, good profit, stable profit, good money management, good self control, etc., If you possess all the components then you may consider yourself successful, if any of them is not achieved but you still can get some income from forex, then it might be the luck which works for you so well, which is also something good, hehe.
Yes i agree it we should learn a lot of trading systems, in order to determine the quality of any existing system. but do not use all the trading system, select the one that we think is accurate. we can test the system on a demo account
fxmoney
2012-10-14, 07:57 AM
Consistant profit is very difficult in the forex trading. If you have to get consistant profit then you must have to wait in between the trades as you will not affected by the emotions due to the overtrading. so always wait and watch after that you can move to take the trade.
investor forex
2012-10-14, 08:51 AM
okay thanks very much for your information and i also know that in other for us to be a consistently profitable in forex trading we just have to set target for our daily market and by doing that we can always trade with consistency in making profit out of the market all day
kutuk
2012-10-14, 09:14 AM
thank you very useful posting, is a frequent problem experienced traders are not consistent and disciplined in trading and this is a separate issue and it is true when we look back on our previous trade and open evaluation of the fault is all we do and this can be a lesson us further transactions
aptx4869
2012-10-14, 11:20 AM
If we want to be consistent on our trade, the best way we can do is applied discipline on our trade. that was not easy. If we are lack on discipline that was the start of loss. Many trader who already have good system but they are not discipline to find the best moment to make entry and exit. So, the emotions and psychology is very important part to make us being discipline and get consistent profit.
BANGUN
2012-10-14, 01:43 PM
If we want to be consistent on our trade, the best way we can do is applied discipline on our trade. that was not easy. If we are lack on discipline that was the start of loss. Many trader who already have good system but they are not discipline to find the best moment to make entry and exit. So, the emotions and psychology is very important part to make us being discipline and get consistent profit.
all we are hoping to get a consistent profit in our trade but they certainly will be after we get in this trade we will find many successful experiences and correct any errors that exist in our trade is so we will continue to strive for success now from this business learn
saryofx
2012-10-14, 01:58 PM
i only trade on breakout
learn from my experience a few months of trading forex, to be consistent then I have to make the following preparations:
- Focus only on the currency pair to be traded.
- Find fundamental information of the currency pair.
- Specify support, ressistant, pivot of the currency pair.
- Specify the sideways area, and the trend trend. to determine the trend of the trend can be seen from the chart with a longer time frame.
-Do not enter when prices are sideways because the trend is not clear.
-at the time of the breakout forming three white soldier or vice versa then entered at the first candle is formed, the second candle is formed when ready ready take profit, then get the third candle of three white soldiers pattern is formed I've take profit.
note: my tips above for the position of buy orders.
uknim
2012-10-14, 02:16 PM
Consequences should be aware from the beginning that we were able to determine our steps (how much profit and the risk that we will bear) when entry sell or buy pip estimates how we can take what we lot pairs, how many pairs of take profit and stop loss, recognizing from the outset will be easier for us to be prudent and consistent with what we are doing.
FREEDOM
2012-10-14, 02:25 PM
Familiar with the chart, price movement and the trend will make you a better trades result except knowledges. They are our best friend to achieve consistancy profit in every trades. Don't make they angry with our greedy and careless causes a mistake.
muna1982
2012-10-14, 02:29 PM
I believe that trade need tough training to enter in the forex world and he needs more than that to make his winnings consistant. As we know forex is not a easy business it requires a lot of learning and practicing and experties come with the passage of time.
making consistent profit from forex is hard but not impossible. for to do so we have to get some good strategy that will profitable enough. some people goes with strategy with out stop loss and they invest a lot of money to face the big floating loss and only close profit order. so that they can make consistent profit. here a problem is that its required a lot of capital as investment and profit will be low but regular.
Dages0308
2012-10-14, 02:39 PM
if our be sure to order with metode good and simple like low risk and high reward and setting money management. i think we become a trader succes. because just it is to trade in forex best.
No one dared to make sure that the MC is often going to be and be able to get consistency and profit in the forex expert. All returned to us in dealing with any issues, if you dare to face the risks and learn from failure then it is not impossible that we can continue to survive in forex
kokol
2012-10-15, 08:32 AM
I think the chapter on control of emotion or thought it should have its own place in the practice session, because it's very important to do with the other exercises, and supporting the success of the supporting factors.
erwin
2012-10-15, 08:50 AM
Course and become a necessity if you want consistent profits then it must be applied.
Consistent profit was not absolutely necessary to his daily great, but could be a reference cumulative her daily so-so small, but if continuous and can be maintained with good, could be consistent, and look at the cumulative later, will be pretty satisfying.
Which is important to achieve consistent profits it must be coupled with patience and perseverance.
markoto
2012-10-15, 09:44 AM
to gain profit in forex trading konsistent unnecessary because the smart and full of fighting spirit will also be successful in trading, and most importantly to be serious or focus on money management and smart person might also be failing in forex trading as well as trading in emotions and greedy.
iwahyudi
2012-10-15, 02:07 PM
The most important thing to get profits consistently is how to get you ready for trading is a way to equip themselves with the knowledge, strategies, emotional control, etc.. There is no harm in you trying the strategy given by other traders as long as you try it first on a demo account, if the account demo was a profit then you can use it in a live trading account both real and contest account
Bocah
2012-10-15, 04:26 PM
to consistenly profitable in forex trading we must have good of trading system and good of money management, we must create or follow trading system from another trader, after we have good of trading strategy , then we must also learn about how to control our self from greedy and emotions, for can do it we must learn to use good money management.
waqar arif
2012-10-15, 05:07 PM
Forex Trading Strategies – How to be consistently profitable in forex trading
FOREX TRADING STRATEGIES
I always get the same questions from forex traders around the world:
“Ezekiel, I can’t seem to be consistently profitable in forex trading”
then they may follow on by “I know my forex trading strategy works.. but i just can’t get profits month after month..”
These are the questions that i get frequently. And this is my general answer to them.
I will usually ask them back:
“So, are you keeping track of your trades?”
You see, to be consistently profitable. You cannot forgo this important step.
That is TRACKING.
All successful businessman tracks their own and their company’s performance.
This also applies to successful forex traders.
You must have a proper and systematic way to track your trades and your success.
So that you can see if you are on the right track to success or if you are not even on the track..
Forex Trading Strategies – How to be consistently profitable in forex trading
Here are some simple ways to track your forex trades:
Firstly, you have to just focus on just 1 forex trading strategy at 1 time.
You cannot trade different forex trading strategies together at 1 time, at 1 account.
If you do that -
My question to you is:
How do you know which forex trading strategy is working for you? And which is not working?
Therefore, start trading 1 strategy at 1 time.
Be specific on the strategy and do not deviate or change random stuffs.
Eg. changing the way you enter, exit trades etc.
It has to be consistent all the way.
So run this strategy trades for 20 trades.
At the end of the test, what is your account status?
Are you profitable, breakeven or negative?
Then ask yourself, did you change anything along the way, among the different trades?
eg. the lot size is different, or you should not have entered a certain trade, but you entered anyway.
If there is a deviation – a change,
then you have to restart the entire test.
By using this method of tracking, you will be able to clearly see whether the forex trading strategy you are using is working for you.
Forex Trading Strategies – How to be consistently profitable in forex trading
Besides, i will recommend you to take screen shots of the trades you entered.
This way, you can review all the 20 trades you have entered once the test is completed.
And you can clearly see what are the mistakes you have made on some trades and what are the things you did right on certain forex trades.
This method will prevent you from repeating the same mistakes again.
Ezekiel Chew
Asia #1 Forex Mentor (http://www.asiaforexmentor.com)
i would just want to thank you for such a lovely post....thank you sir....you have provided to us (biginners) very useful information related to the mistakes that we make in the trading so thanks alot dear....
haytham527
2012-10-15, 05:18 PM
is what i understood here is right
you are against the diversification theory?
uknim
2012-10-16, 12:37 PM
ingenuity one can not guarantee that the person must be a success, in terms of profit consistently, I think it's hard for achieving success with evidence of consistent profit takes effort, thought and extra patience in scrutinizing the pattern of price movements, and we must have the luck factor consistent also
to achieve our objectives in the foreign exchange business we have to go through a series of processes, in which emotions we will be in the mix - stir by foreign currency in the end we'll get used to undergo exchange activity, whether profit or loss suffered, and therefore we must be able to prepare ourselves to go through a series of process
sugie
2012-10-16, 01:38 PM
indeed a very harmful thing if a consistency that becomes a disadvantage, so we have to really pay attention and always updating and also learn more and more to trade in so that it can achieve consistent profitable every day
yes bro i think if we want to got only profit then we should must be got the bonus from the forums for trade and this will be the best way for us to got only profit so we should must be do right thing and it is very good for us and we should not be invest from the bank because this is very risky and with bonus how much we got profit it is our benefit
shanmun
2012-10-16, 03:24 PM
I think if every body included newbies and professional trades stuck with their own strategies and make good plans than they will never ever loss in the Forex market ..
kokol
2012-10-16, 05:32 PM
Consequently the acting was very good. Far from the name is not consistent and disciplined in the transaction. we can train our consequences for the way trading on the fly, so that we can get benefits even if ****ually.
You just need to stop consistently losing in your trades.. thats it.. If you just know why you are losing.. then you will find out how to make profit.. So dont take your losing lightly.. they could be your dark horse in this race..
where there is a definite yes, there are advantages and disadvantages for sure it if we lose we will certainly also know the benefit and it also had to work hard to get these benefits will definitely get it,,,
I believe it ..
Jones
2012-10-16, 05:56 PM
Your own strategy you are using to shine may not be my own too. I may say that every trader knows his or her own strategy that favours him. We should be conversant with 2 or 3 strategies.
mashiur123
2012-10-16, 05:59 PM
i think that you can set it in your trade with target pips and can go any where . when you will come from outside you will get profit in your account and tp will close your trade automatically. you to be consistently profitable in Forex.
erwin
2012-10-16, 06:04 PM
It depends I guess its traders, new traders weve .. if so, but it would be another story if we can do the daily rule that has been agreed upon ourselves that is considered profitable strategies and backtest already by us. and do consistently,.
mumun
2012-10-16, 07:12 PM
it's not even a good variety in her face always successful, but yet he's also smart the master system forex trading or to his business, because in the forex business, we do not just rely on our minds alone, but also have good psychology, if we want to succeed.
markoto
2012-10-16, 10:04 PM
consistency does have the impetus and strong influence to others around them, the ratio of a person who orders something done, the org who told decree anything that is not done by him, the second has a very prominent
endah
2012-10-16, 10:23 PM
profit consistently is very difficult to realize as we do not have good money management, and the prediction is right on target. For in one month alone it's very difficult to avoid ending floting minus SL point for traders MC even without SL .. then how do you think ..?
profit consistently is very difficult to realize as we do not have good money management, and the prediction is right on target. For in one month alone it's very difficult to avoid ending floting minus SL point for traders MC even without SL .. then how do you think ..?
I agree it is difficult to always continue to benefit as many risks facing so you are required to wait in order to be able to control emotions and manage your money properly so that it can survive in the forex
imranghori
2012-10-17, 02:06 AM
Yes, it take some years to develop such kind of skills which lead us to the success. One should have some good control on emotions in addition to good strategy.
consequences of forex trading is nothing but a loss / loss is, it is already a risk in forex and other businesses too, and therefore we must be smart in managing funds that losses can be reduced
erwin
2012-10-17, 09:56 AM
to create a consistent, we must have a good system in order to obtain profit, we must also be able to control our psychological well to create a quality trading systems generate profits consistently
SeoHyun
2012-10-17, 10:35 AM
to create a consistent, we must have a good system in order to obtain profit, we must also be able to control our psychological well to create a quality trading systems generate profits consistently
Yes agree with you, but sometimes its hard to find good strategy trading for us, and after we got good strategy we are becoming so greedy and then we got overtraded and didn't use good MM, so we got loss again.
to be consistent itself is very difficult to do, what if we can not control ourselves be it greed, emotions, or not able to be patient in our response to the market, because if we had been able to control ourselves so consistent it's own would be easier we apply
darmaspirit
2012-10-17, 11:29 AM
This experience of mine ..
No need to consistently apply what% profit you want to earn in a month
customize your capital with your target
how your ability to cope with the loss ..
pair analysis is right you can understand if one pair
maybe this is a trading plan that I do thanks
kokol
2012-10-17, 01:00 PM
sorry i also never experienced such a result is affected by the suggestion of a friend to open a position contrary to our own choice
and it is consequently of self is very important in doing something
sorry is the wrong advice from friends that make us increasingly falter in the transaction
It depends on the strategy or our tips to take into account the profit to be consistent, how to be consistent? Surely it should be affordable and targeted according to their ability to adjust well to the capital in order to set the target in such a way to support it.
mumun
2012-10-17, 03:03 PM
consistent and consistently in daily life is very important to apply for life so it would be well-organized, as well as in running the forex trading, the consistency if they are run with the existing system, it can be ascertained it to be a very good one.
pavais
2012-10-17, 03:16 PM
loss is the opposite of profit, so we do not need to feel bad if we always consistent losses because once we know how to make a profit, we can do it consistently well. lol
bilalpakistan
2012-10-17, 03:18 PM
Make a target for each day,
follow proper money management, risk management systems.
Follow proper TP and SL for your trades, never play blindly.
these are rules to success
netros
2012-10-17, 03:24 PM
I think that forex is not always beneficial because it is very risky. very beneficial for all the time, it will be very easy to become rich. if we continue to learn to perfect this business you will get big profit from here so we have a huge information for our own trading.
endah
2012-10-17, 03:55 PM
may be difficult, but not impossible , especially if we accumulate our trading results in units of time, i thought to be able to profit consistently say it so much easier if we are really serious about diving this trading activity
yudijoni
2012-10-17, 04:11 PM
The key is in yourself! There is a strong desire not to be successful and happy. There is a burning determination not to make trading as trading for a living, There is a spirit of learning and creative innovative trading strategies do not, not when the test mentally Shining loss and MC throws himself a trader, there are improvements in the discipline and patience not your forex trading process, there readiness to sacrifice time and money not to see a trading mentor and coach, If you really fall in love with forex, forex would have to obey .. forex'll also fall in love with you. Do not bad just wants you .. but aside 'some rules' that have been submitted each Forex! Forex will be cruel to you!
wasimanjum
2012-10-17, 07:17 PM
ye forum is cheez k baray mai hai k hm forex ma consistently kis tra profit earn kray.ap jb ye daikh ray hu k aploss ma ja ray hai to is sa apko experience gain ho ga.ye both hi 1 bara problem hai k 1 trader trade krtay huay consistent lose kr day
asfi27
2012-10-17, 07:53 PM
my opinion is play like chelsea,you know guys how chelsea play.defensive isnt it.try to lose less rather than gain more.it will help to control your greed.once you able to make your lose profit less your account will grow ****ually.if you can keep your account alive it will have more chance to earn more
shepon93
2012-10-17, 09:30 PM
Very nice sharing sir keep it up you are doing a very good job sir, I think if everybody included newbie’s and qualified trades stuck with their own strategy and make good plans than they will never ever loss in the Forex market this is only according to my occurrence.
fendy
2012-10-17, 09:53 PM
a consistent profit takes hard work is not just a day or a week, it took a long time to reach CONSISTENT. things that need to be considered to train consistently the emotional, psychological, and discipline
suzonbmw03
2012-10-17, 10:06 PM
Dear friends,then they may follow on by “I know my Forex trading strategy works.. but i just can’t get profits month after month..”These are the questions that i get frequently. And this is my general answer to them.I believe that trade need tough training to enter in the forex world and he needs more than that to make his winnings consistant. As we know forex is not a easy business it requires a lot of learning and practicing and experties come with the passage of time.
abayomi kolade
2012-10-18, 06:39 AM
alright thanks very much for your analysis on the best way to be a consistently profitable in forex trading but as for me i think we can always learn to be consistently profitable in forex trading by trying to obey the our strategies and indicators in the forex market based on my understanding in the forex market
iwahyudi
2012-10-18, 07:05 AM
we all know that forex is a risky investment flying businesses however, promises great benefits, and I'm sure all the traders would want a strategy that consistently generate profit but it is not easy, so far I have not been able to make this strategy but for me for a while time best strategy I can do is run a scalping technique and ****ually withdraw from the profit that I get, so if at any time I had lost all my money then do not run out in forex and I can still trading again
endah
2012-10-18, 10:34 AM
yes it is the same. because it reflects an act of self-discipline in doing any work. in forex is in demand discipline and patience in doing so we can get what ang be our goal in this business
maryam
2012-10-18, 10:50 AM
difficult to obtain consistent profit if the psychological state of the less stable .. so may be prolonged or loss will not get anything .. because these emotional symptoms over the mind ..
kaushal4
2012-10-18, 10:56 AM
First time i learn Forex I just took 1pips but it's a learning process as traders start to understand the calculation of good money.
To be consistent in Forex we will need ****e understand of how Forex works coupled with high level of patience.
migntv
2012-10-18, 11:53 AM
You better explain, but if you set the rules and strategies, some directly, and the first model in practical use and how often usually your business, do not use a couple, for example, the high value that you say you have a good idea, but I like the pictures and ask to see the graph
aisfx
2012-10-18, 01:03 PM
a consistent profit takes hard work is not just a day or a week, it took a long time to reach CONSISTENT. things that need to be considered to train consistently the emotional, psychological, and discipline
if a trader wants to consistent profit then it should use money management with discipline, because forex traders if analysis, capital will be reduced, the analysis is an invaluable tool while using money management will save us in case of floating capital, consistent profit with analysis and trading plan with discipline.
sikil
2012-10-18, 01:46 PM
very consistent in apply in this trading world. This attitude needs to be fostered in order to survive long in the world of forex. Mistakes made should be a lesson not to repeat the same mistake again. So the error is actually a supplemental science.
endah
2012-10-18, 02:06 PM
maintain consistent properties was not easy because we have to deal with a condition in which there will be many obstacles that come out of ourselves. such want to quickly get a profit even though there are only a few pips movement only.
ksatria921
2012-10-18, 02:12 PM
if a trader wants to consistent profit then it should use money management with discipline, because forex traders if analysis, capital will be reduced, the analysis is an invaluable tool while using money management will save us in case of floating capital, consistent profit with analysis and trading plan with discipline.
very brilliant,
not independent, a business that can be run either not how it generates profit alone, but how he manages both the technical and financial management, and resources (knowledge of science),
as well as the forex trading.
how technical management, and financial management and good risk will impact on the trade anyway. not like amateurs
kokol
2012-10-18, 02:49 PM
smart is not enough to make us successful to survive in this business, a lot of factors that make us able to survive and succeed in this business, one learns to accept and be open to all the knowledge that is in this business and not too confident or even arrogant so instead would be detrimental to our own
erwin
2012-10-18, 06:38 PM
very difficult to complete phase consistent profit, because I've often wanted to try it but through a variety of exercises until this moment I have not been able to get consistent profit .. then how do you think, is it consistent profit that can be earned by a trader ..? explanation please ...
hemaabdo
2012-10-18, 07:41 PM
the profit in forex is easy and you can make it at any order but the continuation in profit this is the success in forex because the luck may make you win in one order so the successful trader is who continue in forex with make profit whatever its amount
aptx4869
2012-10-18, 08:24 PM
the profit in forex is easy and you can make it at any order but the continuation in profit this is the success in forex because the luck may make you win in one order so the successful trader is who continue in forex with make profit whatever its amount
I think that was wrong my friend. We are know if profit on forex is definitely hard thing. we are need to learn and study very hard to find the best system and strategy. many from us is do not understand how to make good trade because we are have wrong mindset. Forex is not machine to making money. That was long and hard process until we can gain that level. If we want to make consistent profit. we must try to find profitable strategy, then we must combine that with good management.
indeed many of our traders are smart, but many of them are not consistent. therefore they can not be too large for profit. greedy nature can sometimes affect a trader to be inconsistent.
shanmun
2012-10-18, 09:45 PM
I think if every body included newbies and professional trades stuck with their own strategies and make good plans than they will never ever loss in the Forex.
rumi1212
2012-10-18, 11:15 PM
yes , i think so there are several key economic indicators that every trader should understand on a basic level
fxmoney
2012-10-18, 11:52 PM
If you you want to get consistant profit from the forex trading then you must have to try to trade with proper money management for that you must have to assess your risk for your each and every trade so that you will not lose whole of your balance easily.
nanoni
2012-10-19, 06:03 AM
To be able to profit consistently it is the hope of all traders. And the reality is not much in this world among traders can earn consistent profits, most only a few traders only. However, although difficult to achieve should not make us despair. If we want to try, then the road to success will be wide open.
abayomi kolade
2012-10-19, 06:42 AM
well i just believe that to understand the forex investment is not very easy and that it really takes much time but once you can take time to study and understand the market then you can always make a consistently profitable in forex trading, so always remember that its not how far but always how well you can go
There are many tips out there that "show" you how to win at Forex, but not all of them can make you succeed online. First things first, let us start at the premise no material or "guru" can guarantee you achieve financial success consistently at Forex, the only person who can do that is you. The materials and forex education programs are developed to help you plan your trade and develop within you the discipline and tap the side of you who wants to win at Forex.
fendy
2012-10-19, 07:37 AM
if we want to make a profit and avoid loss then we have to be consistent. because consistency is the key to us to earn a profit.
kokol
2012-10-19, 11:07 AM
In my experience, if indeed we are to profit consistently at least we are disciplined with the strategy that we have and do not depend on others. when we get the profit or loss should we really accept it gracefully. And at least have to be brave to be able to analyze how the direction op market.
asikrana
2012-10-19, 11:19 AM
Very nice sharing sir keep it up you are doing a very good job sir, I think if every body included newbies and professional trades stuck with their own strategies and make good plans than they will never ever loss in the Forex market this is only according to my experience.
iwahyudi
2012-10-19, 11:37 AM
In my experience, if indeed we are to profit consistently at least we are disciplined with the strategy that we have and do not depend on others. when we get the profit or loss should we really accept it gracefully. And at least have to be brave to be able to analyze how the direction op market.
Very nice sharing sir keep it up you are doing a very good job sir, I think if every body included newbies and professional trades stuck with their own strategies and make good plans than they will never ever loss in the Forex market this is only according to my experience.
yes I also agree with you, the conclusion is a trader should have its own strategy and have the discipline to use them as trading, do not ever be tempted to follow the analysis of other traders as they are not necessarily following the analysis of traders can certainly generate profit. And the most important is the behavior of traders when trading should control the emotions very well because one of the factors causing the failure of a trader is the inability to control emotions like greed and fear
Indeed, for a consistent problem that actually depends on the satisfaction and achievement of the standards set by the traders themselves, we must first standard after a few weeks was little new to be increased.
arami
2012-10-19, 01:14 PM
Here are some simple ways to track your forex trades:
Firstly, you have to just focus on just 1 forex trading strategy at 1 time.
You cannot trade different forex trading strategies together at 1 time, at 1 account.
If you do that -
My question to you is:
How do you know which forex trading strategy is working for you? And which is not working?
Therefore, start trading 1 strategy at 1 time.
Be specific on the strategy and do not deviate or change random stuffs.
Eg. changing the way you enter, exit trades etc.
It has to be consistent all the way.
So run this strategy trades for 20 trades.
At the end of the test, what is your account status?
Are you profitable, breakeven or negative?
Then ask yourself, did you change anything along the way, among the different trades?
eg. the lot size is different, or you should not have entered a certain trade, but you entered anyway.
If there is a deviation – a change,
then you have to restart the entire test.
By using this method of tracking, you will be able to clearly see whether the forex trading strategy you are using is working for you.
Forex Trading Strategies – How to be consistently profitable in forex trading
uknim
2012-10-19, 05:26 PM
Cleverness alone sometimes is not enough profit to maintain consistency. Still need other things like patience, perseverance and sikon that conducive.
But we should suffice to yield satisfactory reply ends with gratitude.
Perhaps with such consistency profit can actually be achieved.
aptx4869
2012-10-19, 06:50 PM
Consistent is the greatest thing in forex. we must know if that, was the dreams for all trader. but to get that level, we are need hard and long ways, need great patience and need great discipline to make our trade on the right track. Because of that we are need to know how to make good trade with proper management. we must control our emotions to feel the best moment for our strategy find it best moment to make entry.
tareqbmw01
2012-10-19, 08:56 PM
Dear Friends,then they may follow on by “I know my forex trading strategy works.. but i just can’t get profits month after month. As we know forex is not a easy business it requires a lot of learning and practicing and experties come with the passage of time.
Tuan Takur
2012-10-19, 09:14 PM
Its hard for beginner gain consistance profits, but everythings is possible as long as we always try harder and be dilligent to learn forex trading strategies and use good money management. Discipline to your self will help you too.
fxmoney
2012-10-19, 11:49 PM
Its hard for beginner gain consistance profits, but everythings is possible as long as we always try harder and be dilligent to learn forex trading strategies and use good money management. Discipline to your self will help you too.
It is really hard to get consistant profit for the expert traders also if you are tryint to make profit from each and every trade means you are not using the proper stop loss and one time will come when you will lose whole of your capital suddenly. so avoid such mistakes.
cmenk
2012-10-20, 12:24 AM
Forex Trading Strategies – How to be consistently profitable in forex trading
FOREX TRADING STRATEGIES
I always get the same questions from forex traders around the world:
“Ezekiel, I can’t seem to be consistently profitable in forex trading”
then they may follow on by “I know my forex trading strategy works.. but i just can’t get profits month after month..”
These are the questions that i get frequently. And this is my general answer to them.
I will usually ask them back:
“So, are you keeping track of your trades?”
You see, to be consistently profitable. You cannot forgo this important step.
That is TRACKING.
All successful businessman tracks their own and their company’s performance.
This also applies to successful forex traders.
You must have a proper and systematic way to track your trades and your success.
So that you can see if you are on the right track to success or if you are not even on the track..
Forex Trading Strategies – How to be consistently profitable in forex trading
Here are some simple ways to track your forex trades:
Firstly, you have to just focus on just 1 forex trading strategy at 1 time.
You cannot trade different forex trading strategies together at 1 time, at 1 account.
If you do that -
My question to you is:
How do you know which forex trading strategy is working for you? And which is not working?
Therefore, start trading 1 strategy at 1 time.
Be specific on the strategy and do not deviate or change random stuffs.
Eg. changing the way you enter, exit trades etc.
It has to be consistent all the way.
So run this strategy trades for 20 trades.
At the end of the test, what is your account status?
Are you profitable, breakeven or negative?
Then ask yourself, did you change anything along the way, among the different trades?
eg. the lot size is different, or you should not have entered a certain trade, but you entered anyway.
If there is a deviation – a change,
then you have to restart the entire test.
By using this method of tracking, you will be able to clearly see whether the forex trading strategy you are using is working for you.
Forex Trading Strategies – How to be consistently profitable in forex trading
Besides, i will recommend you to take screen shots of the trades you entered.
This way, you can review all the 20 trades you have entered once the test is completed.
And you can clearly see what are the mistakes you have made on some trades and what are the things you did right on certain forex trades.
This method will prevent you from repeating the same mistakes again.
Ezekiel Chew
Asia #1 Forex Mentor (http://www.asiaforexmentor.com)
Greetings my
you are very right to me, maybe I'm still new here, so I expect some of you about the trading picture really profitable, so as not to go bankrupt, and also from my experience you might be able to learn a lot.
yudijoni
2012-10-20, 12:40 AM
I don't make any target yet, but just am happy to see my account balance growing, that's what profit is all about. very difficult to get consistent profits in forex trading as lose is always near to us. What we can do is more profit position than loses one. so that we can benefit by consistently without using the analysis. If you can learn good strategies of trade you can use them in your trade daily.In this way you can make profit from forex
iwahyudi
2012-10-20, 05:32 AM
I don't make any target yet, but just am happy to see my account balance growing, that's what profit is all about. very difficult to get consistent profits in forex trading as lose is always near to us. What we can do is more profit position than loses one. so that we can benefit by consistently without using the analysis. If you can learn good strategies of trade you can use them in your trade daily.In this way you can make profit from forex
it does not matter even if you do not have a trade specific target, as long as you can continue to make profit it is good. Better collect profit little by little rather than having a large target but could never achieve, even worse is always a loss even get mc
erwin
2012-10-20, 07:25 AM
The development of science is affected by our flying hours in it. The more we learn the more quickly we are smart. And the sooner we are smart, the closer it is with consistent profit (we all dream)
abayomi kolade
2012-10-20, 07:34 AM
i think the very best way to be a consistently profitable in forex trading is to get use to just one strategy and indicator then try to understand the best pair you feel you can always trade with and earn profit then trade that very way as long as you can then you will find out that you are in a consistently profitable in forex trading
roro mendut
2012-10-20, 09:07 AM
Now I focus on one strategy.i can get some profit from this business and make enough all my daily needs and also my family too but i realize that forex is unsure and everything can be happen, so here is the risk at this business, we have to ready for it
kokol
2012-10-20, 09:54 AM
true, prayer can also greatly assist us in learning to trade because of the prayer allows us to be more patient and maybe good ideas can emerge and produce profit becomes easier.
fendy
2012-10-20, 12:53 PM
well, this business success can be achieved because the trader's understanding of all the consequences that may arise, and also through a long workout. so he would be able to control yourself and use the proper way to be trading with the right as well, not only because we are going to the capital to be successful in forex
sikil
2012-10-20, 01:33 PM
Your story is very interesting as well but all true to say that in the title,
consistent trading profits, that is how we are to be successful .......
iwahyudi
2012-10-20, 02:04 PM
i think the very best way to be a consistently profitable in forex trading is to get use to just one strategy and indicator then try to understand the best pair you feel you can always trade with and earn profit then trade that very way as long as you can then you will find out that you are in a consistently profitable in forex trading
I think you're right if you faithfully use the strategy on a single pair alone because then traders understand the characteristics of movement of the pair, but I think it's hard if you just rely on a single indicator because it could signal shown is a false signal. Better to combine multiple indicators to minimize the occurrence of false signals, signals this way could be as accurate as possible to make an analysis
uknim
2012-10-20, 04:31 PM
really takes time and patience to achieve consistent levels of it.
I still striped eel trading. because it is inconsistent with the MM that I use.
so pretty much too lose if loss.
Tuan Takur
2012-10-20, 05:29 PM
To get consistently profits in this bussiness is not easy task for us, but everything is possible as long as we have good spirit and hard will to make it happen, with good experienced and always learning forex trading strategies I think we can make it happen.
erwin
2012-10-20, 07:58 PM
traders are able to consistently in trrading certainly going to be trading more with better, rather than traders who do not have consistent, because the consequences that we would have a race more motivation and materials for even better trading
rebate lover
2012-10-21, 12:04 AM
To obtain a consistent profit is not easy, it takes a high spirit of learning and not despair, it's just a matter of time, if a trader is a genius and is responsive to what he learned then a consistent profit can be obtained in a relatively brief. But to note here is that traders should have good money management, psychology are qualified, and have an accurate analysis, it takes all the learning that is consistent as well.
kismujas
2012-10-21, 12:06 AM
You just need to stop consistently losing in your trades.. thats it.. If you just know why you are losing.. then you will find out how to make profit.. So dont take your losing lightly.. they could be your dark horse in this race..
"I have no doubt that Tadawul FX can only benefit from Stavros' wealth of experience. Our clients are getting the very best service, accessing and utilising cutting edge technology and are being provided with the information they want and need by the very best staff.
fendy
2012-10-21, 04:01 AM
important right now that if the strategy that we use have not produced consistent profit then we have to do is how to make the trade we continue to learn to develop the strategy,,, do not be lazy because the loss is also a challenge for our growing
sikil
2012-10-21, 07:33 AM
the ultimate goal of a trader is able to create a trading system that will give you consistent profits, until now I'm still up and down it means learning as profit and lost still another change, but the lessons of experience have given a fairly good progress in managing accounts
maryam
2012-10-21, 08:24 AM
carefulness is needed in any case. anything that then allows us to take a chance or opportunity at the right time is our ability to jelly can take advantage of a variety of factors in trading for and then make us gain profit
kokol
2012-10-21, 10:19 AM
hopes and dreams we must always hanging up high after that then we are trying to realize that dream, without discipline and consequent high with our trading system then our dreams to be successful in forex will be very difficult to achieve,, no one is successful without start with the nature of the discipline and consequently,,
erwin
2012-10-21, 10:54 AM
correct the name consistent discipline that could keep the lust and anger, although there are opportunities to make more profit if it turns out it was already on target,, think about it again when we get in the market may not be able to profit, if in fact we can actually profit loss missing, although a small but consistent is not a problem if you can,,
even if we have a system that has good how it works, to be consistent must be accompanied by a great psychology to control the greed, and the patient in determining the position open, so it can be run consistently well
fxmoney
2012-10-21, 12:44 PM
even if we have a system that has good how it works, to be consistent must be accompanied by a great psychology to control the greed, and the patient in determining the position open, so it can be run consistently well
we must have to tell our mind that we have to make profits step by step so we dont have to try much hard for getting the profit so that you will not use much high risk for your trades and ultimately you will able to make consistant profit from the forex trading.
iwahyudi
2012-10-21, 01:59 PM
even if we have a system that has good how it works, to be consistent must be accompanied by a great psychology to control the greed, and the patient in determining the position open, so it can be run consistently well
yes it is true, for success does not only require a good system but also the ability to control emotions such as greedy, fear, and patience. After all it is owned not forget to do it with discipline, because no matter how well a system but if that does not discipline then it's useless
fiztrd
2012-10-21, 02:05 PM
thanks for the share my frend ...
yes its true that you can be consistently profitable in forex. ...
in order to be so .. you have to follow lots of rules ...
money mnagement ... is one of the important .. always try to invest only 3% of your total capitall its always safe ..
and having a good startegy will let u .stick to the market .accordingly ... also having a goal is good ...
uknim
2012-10-21, 03:48 PM
indeed, judging from the result that means we have to understand what this business requires a smart person or not, after I observed apparently smart trading is not the case, but the court dare to accept the risk ..
aptx4869
2012-10-21, 07:20 PM
yes it is true, for success does not only require a good system but also the ability to control emotions such as greedy, fear, and patience. After all it is owned not forget to do it with discipline, because no matter how well a system but if that does not discipline then it's useless
That was simple, the main key is good management, if we are alrady have good system we can combine it with proper management, So, we can make our trade going better. We are know if forex market is not easy, always make our emotions going wrong. So, to make it calm, we must trade with obey the money and risk management, if we are trade with safe, i am sure our mental and emotions will better. So, we can trade with different view.
raihan8212
2012-10-21, 08:24 PM
With regards to candles - my preference is for traditional good old fashioned style candlestick charts- however, Heikin Ashi or Synergy APB (Average Price Bars) have also worked well and continue to do so on the original TMS and X-Man's threads. The APB /HA appproach centers around a colour change on the day chart - When a colour change occurs, go look at it - review the PA and if it has momentum then it has a reasonable probability of succeeding - PA always takes priority in the decision making process.
With day charts, it's not like you are rushed into a trading decision, so you have time to verify PA with either the APB and Candlesticks/price bars. Using candlesticks will of course require some understanding of candles and especially reversal patterns. Again, as with so many other aspects of forex - pick what works for you and run with it - you must be comfortable with your chart settings and not become one of the sheeple trying to make something alien work just because other are doing it.
For general reading on TMS and trading strategies – look to the following members (most are from the original TMS Thread and although these are not necessarily day chart traders, their approaches and methodologies are sound and will translate to any timeframe):
Eelfranz / dcginc / X-Man / Phx62 / Dean / Lawgirl – apologies to those whom I have missed – nothing intentional, just attribute it to lost brain cells over the years.
As far as trading opportunities, you will probably see each pair have one good set up per week and there are usually several high probability trade set ups each week across all the pairs – if the market is ranging – leave it alone and come back another day. The day charts will easily bring you pips and with less stress and less false signals. My experience has been between 800 to 1200 pips per month since July which is when I picked up on TMS. This can be achieved on a single currency pair, or over multiple pairs.
mashiur123
2012-10-22, 12:22 AM
i think that it is well said by the thread owner to keep track of your own trades so that you can understand what exactly working for and what makes you lose.
animasaha
2012-10-22, 12:24 AM
I can’t seem to be consistently profitable in forex trading” then they may follow on by “I know my forex trading strategy works.. but i just can’t get profits month after month..”
umaira
2012-10-22, 02:02 AM
Yes…….You’re hearing it right…
Not 3……not even 2…….but JUST ” One “ Forex Trading Strategy is all You need to make consistent profits every month trading forex.
Before I go into the main details on this….
Let me share with You a little interesting ” story “ that got me decide to write on this forex trading strategy…* smile *
Few weeks back, I actually attended a forex seminar ( free preview one in Singapore ) to support the speaker whom is one of my friend in the forex community.
On that eventful day…….sitting next to me was a lady and I must comment that she’s a rather ” friendly ” one…
During the 15 minutes break, she actually initiated and start chatting with me…( my wife was NOT with me for that seminar.*evil grin* )
She asked quite a few questions as she is still a newbie to forex and very curious…..*smile*
———————————————————————————————-
The question that got me decide to share in this blog is this :
” Hey….since You are already trading full time now….
And I know there are tonnes of different strategies out there but……IF…
I just need ONE forex trading strategy to profit consistently every month..
diljaladj
2012-10-22, 04:02 AM
In my view been consistently in profit you must always trade with minimum risk as if you trade short terms its likely you will never go in big losses even in the worst situations but if you go for long term traders than you must have good margin.
uptrendmen
2012-10-22, 06:58 AM
trading needs traders to focus on their trades, i think it is the best if they can trade only in 1 pair, many pairs trading will make traders confused in calulation and taking many trades for many pairs at the same time is not good.
mumun
2012-10-22, 08:42 AM
indeed if the intention is good to open this thread so stay forwarded so that other peers can share knowledge and experience on how to trade a profitable where to profitablean are highly consistent
markoto
2012-10-22, 09:42 AM
emotionally intelligent person is not necessarily good, and sometimes the person will usually be the smart alias increasingly difficult to accept the new science because normally he would always analyze the new science (forex) based on knowledge that has been gained
sikil
2012-10-22, 12:01 PM
It is not easy when a beginner looking for identity trading. but indeed it is the key to success for us if you want to succeed in trading. because if we already know the identity of our trading, then automatically, we will also be able to measure the ability of our trading.
FREEDOM
2012-10-22, 12:12 PM
I think, to be consistent is the hardest work in forex because it is require a whole things. Can we do that?, perhaps yes.
But at began we must make sure our trading system is passed from demo account testing and no more big mistakes.
ebonizim
2012-10-22, 12:13 PM
For this reason, when you use spot FX trading, you can program your trades so that you do not have to continue to monitor the currency rates all of the time and have some time to do other things while still making money.
perez
2012-10-22, 12:34 PM
indeed in forex trading requires a high flying hours as we do not imagine that it's easy forex trading I often have little profit but if the loss is much other than the analysis was also requires mental
fxmoney
2012-10-22, 01:47 PM
First thing which is most important is that you must have to be confident of your trades then you will able to manage consistant profits. for that you must have to do analysis of the currency that you have to trade so that you take trade in good direction.
kokol
2012-10-22, 02:01 PM
fully consistent profit we can get it only if we are able to discipline in our trading rules, as well, risk management, and systems analysis and we use it is included in our trading rules. but sometimes fatal mistake that we often do is hope to get a consistent profit, but not against the rules consequently we have made.
fikram
2012-10-22, 03:36 PM
agree that's true, especially traders who already master must have known what extent profit he got, and indeed we should be consistent in getting profit because it keeps us from greed attitude towards big profit.
pooshpa
2012-10-22, 07:02 PM
if forex trading ager ap baat krty ho k how to be consistent in forex trading then ap ko is ka knowledge hona zrori hy or us main ap ky pass market trend ko jan na bohat zrori hy then ap ko is main profit hota rahy ga otherwise ap ko is main loss ky chances ziada hy
pavais
2012-10-22, 07:11 PM
To achieve consistent profit then we try to start it with that realistic targets, such as 2% per week or in a day means 0.4%, this was not the size of the profit haul but as an exercise of discipline, psychological as well as keeping that under control trading.
ashaab
2012-10-22, 07:16 PM
Consistency comes with the practice and experience. But you have to accept the fact that losses are the part of forex trading , No one can constantly win the market. You should work with back tested trading plan and well risk reward ratio and good money management than your trade is overall in Profit.
endah
2012-10-22, 11:00 PM
I think to be able to make a profit consistently takes patience when going into the market, not like someone who wants to ride the vehicle but in a way that could cause falls jump ... But if we can be patient and wait for the moment in which to get in then surely we can get a consistent albeit small profit ...
Jones
2012-10-22, 11:54 PM
I think it is only through constance training and even learning can make it happen. When we reject of learning we will one way or the other be a victeam of lossing.
aisfx
2012-10-23, 04:35 AM
I think it is only through constance training and even learning can make it happen. When we reject of learning we will one way or the other be a victeam of lossing.
forex trading before you can profit consistently should be disciplined in managing lots and margins, not easy to open positions before anallisa corresponding trend trading plan and appropriate systems and we believe provide a good signal analyzer to achieve consistent profits with forex trading so no big loss
abayomi kolade
2012-10-23, 06:13 AM
i think i really like you very first point which says i should always ask the same question from all ex pact around the world yes this is very correct then i can choose the very best one that answer my question and the best way to obey the best instruction given to me from the expect that i think is the best way to learn
indeed the real trading and demo trading enormous psychological burden difference. But if in the demo trading can produce a hefty profit, say 100% of the capital. So in the same manner used in the real account did not seem too difficult. Just try to control your emotions so that trading can be more stable and more consistent profits.
uknim
2012-10-23, 08:38 AM
if we are smart then we need to increase again is to make us more consistent style of learning and working hard in trading, it's just not smart enough to get a consistent pips , in trading we must have intelligence that includes emotional, spiritual and intellectual to be successful in trading.
johntra
2012-10-23, 08:41 AM
continuous learning, and success is the result of a series of benefits that have been in the process of working with a really really, do not despair, do it with focus and give the best in this business. use the results of your analysis even thought the market was also driven by this, but not until the decision is contrary to what has been signaling the contrary, always realistic when the market shows it
fxmoney
2012-10-23, 09:37 AM
forex trading before you can profit consistently should be disciplined in managing lots and margins, not easy to open positions before anallisa corresponding trend trading plan and appropriate systems and we believe provide a good signal analyzer to achieve consistent profits with forex trading so no big loss
money management skills are very important if you have to make consistant profits from your trading. So you must have to use low risk in the volatility so that you will not lose your money easily. and when you know the trend then you can use high risk in that direction with proper stop loss.
fendy
2012-10-23, 11:46 AM
It did not just happen to a beginner, in fact, still a lot of traders are not consistent though for years plunge in world trade. The important thing is let's try it, we're here together to learn. Consistent attitude that can not come by itself without a strong desire.
mical
2012-10-23, 11:48 AM
as forex is a business so it is not possible that always we can earn money without loss .but we can earn more pips than losses pips ,for earning more pips we need proper education ,enough knowledge ,and finally we need much practice .we should not forget that forex is a very risky place .
hazem.hassan
2012-10-23, 05:03 PM
well this is big prolem if the trader make losing with consistent and they have to change and fix all the problem and complete them as well as they can do, and it means that because they have serious problem with their trading ( make loses with consistent
nanoni
2012-10-23, 05:04 PM
agreed, trading activities that generate profits consistently we can get if we try and earnestly on the run, in addition to never give up attitude and strong determination is needed to strengthen our motivation to achieve success
pooshpa
2012-10-23, 06:52 PM
how to be consistent in profit main is main yahi kahoi ga k trader ko is main jitna bho profit mily us ko recieve krna chahea kio k is sy us ko courage mily gi or tarder ko is main consistend profit ky chances ziada ho gy ager ap greed main a ker ziada gain krna chaho gy then ap ko is main loss bhi ho sakta hy
kokol
2012-10-23, 07:10 PM
the accuracy of the analysis and surgical markets to find the right OP it is hard so often wait too long resulting in failure to achieve consistent profits ..
iwahyudi
2012-10-23, 09:30 PM
to obtain a consistent profit in forex I do in many ways, if you do news trading strategy I always use the trap pending order 1 minute before the news was released, and I'm just doing this on the release schedule of economic news that has high impact, if regular trading I just open a position in the really right course, meant that I opened the order if the price was passing moment or overbuy oversell it, because this is the beginning of the reversal of price and profit that I could get a maximum
tareqbmw01
2012-10-23, 09:51 PM
I believe that trade need tough training to enter in the Forex world and he needs more than that to make his winnings consistent. As we know forex is not a easy business it requires a lot of learning and practicing and experties come with the passage of time. then they may follow on by “I know my Forex trading strategy works.. but i just can’t get profits month after month..”
khmurad664
2012-10-23, 09:55 PM
to make profit constantly you need to trained up you. you practice with a demo account to gain a practical knowledge. you should study more and more about forex .
oreoluwa
2012-10-24, 06:39 AM
well i think the more we trade the more we learn and understand the best way to always make a consistently profitable in forex trading so take much of your time to study in the demo trading then we see that you are at the winning side of the market based on my understanding
fxmoney
2012-10-24, 01:17 PM
If you try to overtrade in the forex market then you will not gain consistant profit but if you try to make smart trades with giving some time in between the trades then you can get consistant profit from your trades. so just concentrate to improve your performance rather than money.
kokol
2012-10-24, 01:19 PM
consistent profit for newbie like me this is very rare, let alone for a profit, we want to find a profitable strategy system alone can not-be, there are beneficial when the test but while trying to erratic results even though the management is good, but what's the strategy may be wrong, so los continued, a little bit of the end so chasm profit ..... this name is not consistent but consistent loss ....
fxmentorbd
2012-10-24, 02:53 PM
Well said but I think Consistency comes with practice and experience.You can not expect to be constantly profit if you do not have any trading plan and crashed on the strategy have not be so effective.
abnoman
2012-10-24, 03:34 PM
I think forex trading is very sensitive work. if you mistake one you will lose more money. so first of all you have to create one own strategy for trading. otherwise you will not be able to gain forex market. so you have to fine why are u losing in trading every day. finding your mistake you have to finish this problem . then you will be gaining .
Thanks
markoto
2012-10-24, 04:07 PM
If the forex something new that will continue to emerge , because the trading system will continue to adjust to changing market patterns and that is the importance of up****ing indicators so that we can continue in accordance with the market
pavais
2012-10-24, 05:11 PM
patience is also needed in terms of patient when the canal continues to accept defeat
and error and ingenuity used to circumvent previous failures being repeated .....
yudijoni
2012-10-24, 06:52 PM
As long as your strategy works well, and as long as you can scientifically manage your money and emotion, Forex is a long time profession. No one will fired your from your job nor will push you to retire, It just depends on the individual, that he could succeed in this business or not, maybe some unsuccessful ones would suggest others not to enter, and some successful ones might would not say a word about forex. So It is depending on you.
you have to be very vibrant in looking for strtegies that will work for you. you have to avoid trading with greed and making some stupid mistakes that will make you lose your trades in these kind of a market you will lose everything and make poor trading strategies that will make you lose.
dennyandre
2012-10-24, 07:08 PM
Forex Trading System has been widely tried, and no one has brought satisfactory results.
Sometimes it feels like giving up, trembling, stress, anger, smile, hope, fear ...
Honestly, I've never met a master forex gain consistent profit. And I did not know if there really people who can get a consistent profit from forex ... BUT ITS OK ...
I believe in the law of nature, that are constantly striving and trying, without relentless, diligent and patient, will surely bring results. Included in the forex, which is actually 90% are looser.
There must be a way, although until now it has not been the way I can, one day, sooner or later, will be found.
oreoluwa
2012-10-25, 06:31 AM
well as far as forex trading is concerned the more you practice the more you get to understand more about the forex trading so i think i will advise newbies to always take much of there time to be at the demo trading to know the best pair they can always invest there money into
erwin
2012-10-25, 06:48 AM
but whether or not enough time to understand the forex all depends on how each of the "people, everyone has a different reasoning power, but clearly the longer we struggled in forex we will increasingly understand what is forex, trading system and how to live it well
markoto
2012-10-25, 07:35 AM
we must be able to be smart when trading forex because it involves patience, discipline, and also our own emotions to be completely stable yet also in the setting of MM and avoiding the nature of greed that is in us
erwin
2012-10-25, 10:29 AM
indeed true that our profit consistency is difficult, because every day every time change, market conditions or personal circumstances we are always changing,, makes dynamic market we can not stagnate to react, today may we succeed in our way, but not yet tomorrow we would succeed in the same way,,,
fxmoney
2012-10-25, 11:02 AM
Consistancy in the profit means you have to make profit more than the loss. if you try to get profit from each and every trade then you will not able to get consistant profit. so try to make profit which will become than the loss that you get from your trades.
markoto
2012-10-25, 12:08 PM
I think depending on the person in the field of what used to be smart, if he's smart in analyzing forex profit I think he's going to be consistent, if smart in chemistry and do not know about forex she would not be able to profit consistently, a clear sense of human equipped for use,, I think anyone can be successful in forex including my stupid .....
yudijoni
2012-10-25, 01:01 PM
1. Practice Trading in Demo account.
===> We have set a goal of trading on a demo account are:
a. recognition using Metatrader software.
b. This is the main goal that we "can profit" even if the result is not much, at least we can profit 3 months straight - participated. practice at least 3 months on a demo account and a maximum of 6 months, use any analysis, technical or fundamental. the important thing is that we can profit first.
2. Trading on account Cent.
===> After we finished practice on a demo account, cheer up because we will be trading in a real account, that account cent. our purpose in this account are:
a. resulting in trading profit and already had the name "TRADING SYSTEM", or at least profit many problems that we can not yet be a target, the more important is the "TRADING SYSTEM". on how to create a trading system is available on the discussion forum, please we are looking together. how much time it takes to be a "destination" we succeed in this account?? based on my own experience it took us about 6 months - a year. could be faster if we actively practice and study.
3. Trading at Standard Account.
===> This is the last level, congratulations to friends - friends who can come to this level. Trading our aim in this account are:
a. Trading profit with the system we've got.
b. "Profit consistently".
Well .. this is where we can make a profit outcome goals we want to accomplish. if we can get to this level, rest assured we will be able to feel the beauty of being a trader.
babayuyu
2012-10-25, 01:28 PM
It should be consistent in order to gain profit in forex. You need to find a strategy that suits you and can bring in profit. Repeat this strategy continuously every day, do not be distracted by your emotions get huge profit in a short time.
Jones
2012-10-25, 01:39 PM
To be consistency in the profit is to have a minimum losses in this market. To be consistency in this market is that we surpose to have good understanding through the learning demo trade.
didikebenaran
2012-10-25, 03:13 PM
Consistancy in the profit means you have to make profit more than the loss. if you try to get profit from each and every trade then you will not able to get consistant profit. so try to make profit which will become than the loss that you get from your trades.
consistent profit for me is that we will be able to increase this trade with a greater profit in this business and so we will try to trade for trade that would make us be able to get a little lost only in trade
lingkon
2012-10-25, 03:22 PM
your post is very helpful for traders.i mean learning and practice are the best weapon for this.forex is profitable business and we can earn without loss if are expert in forex and we are not greed for this business.
mumun
2012-10-25, 05:48 PM
time consistent discipline, your trading system to determine TP (do not define SL as you hoped it would experience loss). consistent in consequent to any buy or sell, do not easy to close your position, but look at every possibility that will happen. spirit.
ronykhan20306
2012-10-25, 09:13 PM
First of all avoid the big hype that you will lose money and that you cannot make it in Forex. Avoid thinking big and losing at these end and these is what most people do and they make mistakes and where trading the best way to do so is to aim low the way you will be making consistent profits.
Forex study is very important for this factor and experience also.you can make it batter that what you want selling or buying.in this way if your point will be hit then your consistent is batter than others.
ya just need to stop losing in your trade, thats it..
if ya just know why you are losing then you will find out how to make profit..
easy to explain but hard to do it lol
To be consistent trading profit we need discipline to implement our strategy. Usually after a trading and profit in direct succession arise emotions of greed that caused us to direct a big profit in a short time. Even going to be loss because of the strategy used was not optimal ..
hammer
2012-10-26, 12:28 PM
as a beginner I practice to consistently profit in many ways, define the target as planned and not greedy, is the best way to become a consistent trader, but it is very difficult to control the emotions and attitudes of greed, because it is part of every trader's psychology
forex trading me consistently profit earn krna namumkin to nhi hai bas is ke liye kisi bhi trader ko hard working or bohat sare experience ki zrorat hoti hai tab hi wo cosistently profit earn kr sake ga
egasubekti
2012-10-26, 06:53 PM
how do we become a consistent trader? one way to become a trader that has the consistency is a priority to management, management of technical or psychological forms an important reason to become a trader with consistency, if we've got to stop trading profit immediately, lest excessive trading
endra
2012-10-26, 07:00 PM
it's value additional to the instance of a combine usually does one typically use for your trading, so a number of the principles and methods that you just describe will be directly applied in apply in demo account initial,,, most troublesome drawback is to stick with our tradingsystem that we've got. particularly for beginner, giant ambitions to urge massive profit are going to be troublesome to get rid of. and it is usually to wreck rule of trading system itself,,
Zia shaikh
2012-10-26, 08:24 PM
Thank you for posting such a valuable suggestion it will help me very much. I would have asked it in forum either way you are of a great help once again thank you very much you saved me from a lot of trouble.
Yes, and this is what often happens to us, indiscipline that often make us lose. Most of those who could consistently achieve a profit they have high discipline and trade by implementing a trading plan that has been made, instead of using emotional.
erkin
2012-10-27, 06:01 AM
To be consistent trading profit we need discipline to implement our strategy. Usually after a trading and profit in direct succession arise emotions of greed that caused us to direct a big profit in a short time. Even going to be loss because of the strategy used was not optimal ..
Good money management help use to reduce risk and get good profit from trading.If we take risk 10% of our total deposit it help us to make another 9 this kind of trade if we loss . its very simple and easy opportunity to use it.demo account is very important for every new trader to understand the trading in this forex trading market.
uknim
2012-10-27, 06:39 AM
they are smart, it usually does not get a consistent pips because of their sometimes overbearing and feel very confident that they are not trading so perfectly, and also I do not think they make a good management plan or also for trading, so do not get pips consistent
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