View Full Version : How To Be Consistently Profitable in Forex Trading.
Pages :
[
1]
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
asiaforexmentor
2012-03-29, 07:57 PM
Forex Trading Strategies – How to be consistently profitable in Forex Trading.
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:
“So, are you keeping track of your trades?”
You see, to be consistently profitable. You cannot forget 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..
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, trade 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.
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.
(http://www.asiaforexmentor.com)
nurhidayah
2012-03-29, 09:57 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)
You describe it very well at all, but it's worth more to the example of a pair often do you usually use for your trading, so that some of the rules and strategies that you describe can be directly applied in practice in demo account first, I see you are very good strategy , but I beg you at once with the sample images that you say this chart
kalponick
2012-03-30, 08:36 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..
evostaff
2012-03-30, 12:55 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
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.
you are right, most difficult problem is to adhere with our trading system that we have. especially for beginner, large ambitions to get big profit will be difficult to remove. and it's always to damage rule of trading system itself
nurhidayah
2012-03-30, 03:08 PM
you are right, most difficult problem is to adhere with our trading system that we have. especially for beginner, large ambitions to get big profit will be difficult to remove. and it's always to damage rule of trading system itself
eliminates the difficulties of this great ambition I've ever felt before, so until now still haunts our ambition to continue to try everything to make reprisals against some of our account to meet margin calls already .. (this is what we notice and we should avoid as much as possible any way as long as we can withstand the turmoil ambition that leads to a negative trading)
manibhai2012
2012-03-30, 10:09 PM
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.
newentry
2012-03-30, 10:12 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 )
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..
eliminates the difficulties of this great ambition I've ever felt before, so until now still haunts our ambition to continue to try everything to make reprisals against some of our https://instaforex.com/?x=CWTZaccount to meet margin calls already .. (this is what we notice and we should avoid as much as possible any way as long as we can withstand the turmoil ambition that leads to a negative trading)
mandeeprana
2012-04-01, 04:32 PM
forex me lagatar profit kamane ke liye forex ke basics ko follow karna sabse zaruri kaam hota hai
forex ke basics ko bina follow kiye koi bhi trader forex me lagatar paisa nahi kama sakta..iske alawa trader ka apne empotions aur greed pe kabu hona bhi bahut zaruri hota hai
anubhavsingh
2012-04-02, 10:39 AM
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.
forex easy business nahi hai lekin agar thik se study kari jaye to forex se consistent paisa kamaya ja sakta ai
forex me jo bhi trader market ko smajh ke usse analyse karke uske fundamentals samjh ke trading karta hai, uske liye market bahut profit deta hai
justpips
2012-04-04, 11:33 PM
Your article about profit consistently received very impressive, to consistently get in forex trading is difficult, but if we want to learn little by little, I'm sure can. The 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. but now, I can be more than 1pips for a day.
ishvara
2012-04-04, 11:55 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)
Forex currency trading business has rules and regulations that guides it, this means that if traders are able to obey those rules, they will see better trading results and also they would get the best trading results.
to always have an advantage in forex trading, it takes preparation is absolutely perfect. of the facilities we use, knowledge about forex trading and the factors that influence it. and businesses requires more courage in taking any decision.
naziafarhan
2012-04-16, 06:53 PM
I think to be consistently profitable in forex someone has to be very patient when he make loss in trades. If he can trade with MM then He can wait for the sl and tp and then If the analysis is perfect he can make consistant profit. Thanks.
To be consistent in forex we will need gread understanding of how forex works coupled with high level of patience. This will mean taking quality time to watch market trends and learning from experts
toptrader43
2012-04-17, 10:20 AM
We merely need to stop consistently losing in the trades that's it. If we understand why we are losing. Consequently we are going to find out exactly how to make profit. So never take our own losing gently. It can become your dark colored horse in this race.
johntra
2012-04-17, 11:21 AM
In my opinion, to be consistent profit in Forex Trading, we must know the resilience of our capital in each Trading. Each has the range of motion pairs. Prices may not always be UP or DOWN always. Movement must be still in the range of our capital.
sunil
2012-04-20, 03:25 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.
waqes gill
2012-04-20, 03:50 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..
yes there is also need you to stop your bunisess and start a new one for excitement and zeal you will also successful in your business .and also try to know that the cause of your losing business.when you know that how are the causes of losing .this is the reality you face in your daily life. life is a race some one losing it and many people are successful in it so you will also try.
elektra
2012-04-20, 04:22 PM
I think we should have a clear strategy. Then we also have to have good 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.
herono1
2012-04-20, 09:18 PM
Its depend on the trader strategy and their knowledge and trading experience that how they want to be get the profit daily but its not so hard to get the daily profit but need to be learn the forex trading education and then trade with real account.
ashwini
2012-04-21, 01:47 PM
apne sahi kaha one strategy ko follow karni chahiye .aur must follow the plan and rules of that ..
aur jab bhi enter karen jab signal milega. aur follow kare . bas yehi hain ..jab hum 2week ke baad apne account chek kar tain hain. to pata chal jata hain. ki strategy ke karan acount balance loss main , profit main yaa fir just.. so app ussi hisab se dicission le skate hain. ki karna hain. ya fur thoda changes karke app usse fir se try kar sakte hain . aur agar profit mile to continue kare.
johntra
2012-04-23, 11:20 AM
To be consistent every OP Trading profit for me is difficult. I think many are also the same with me. but we can make that every week or every month we can profit, I mean, can grow our money. I think, the things you can do is to always improve our money management. We also have to always make corrections to any mistakes that we made accidentally, and then fix it. If this is done, I think that desire can be achieved.
tarun2305
2012-04-23, 09:27 PM
lagatar kamane ke liye sabse pahle lalach ko kam karo aur bina strategy ke koi bhi trade open na karo isse loss hi hoga ahamsha,,,har trade open karne se pahle uske fundamentals aur technicals ko samjho
adahidayat
2012-04-28, 01:29 PM
i think that in order to be consistently in profit in forex trading, first of all, we need to learn well about forex trading and get a good knowledge about forex trading...then we need to do alot of practice on demo account....after that, we can trade on live account...but we should always follow forex rules and market news and do not over trade ....we should always try to control our emotions, do not get greedy and do not aim at higher profit....
Nabi Ahmed Gill
2012-04-28, 02:26 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)
agr ap chata han k achi or successful trading karan ro huge ro boht sara profit earned karana chata han to ap ko trading ke basic ka bara main jannaa boht zorari haota ha es layis main to ap ko yahi masawara ha k trdign ko start karna sa pehala ap ko complete knowledge hona chaya or ap both acha proift gain kar sakooo.
silenteyes
2012-04-28, 05:37 PM
Making consistent profit is the desire of every trader and I must say that you need much more than just good knowledge, experience and good strategies. It requires patience and maintaining discipline and once you will start doing that way, profits will start coming consistently.
kalponick
2012-04-29, 07:36 AM
Making consistent profit really needs a degree of knowledge about this market... Your chart needs to talk to you.. then every move will be revealed to you.. only then you can predict the market properly.. but to do that you need high amount of knowledge and experience.. but its possible.. but really hard..
elektra
2012-04-29, 03:56 PM
Stay in the moment. Especially if you’re a day trader. It doesn’t matter what happens next week or next month. If you are trading with 30 to 50 point stops, restrict your thought process to what’s happening right now. That is not to stay the long-term trend is not important. It is to say the long-term trend will not always help you when your trading a significantly shorter time frame.
jg6073727
2012-04-29, 04:21 PM
never try to use any thing new on your real account. 1st analyze it by your own then go a head try it on demo account then come with real. Use only simple built in indicators and develop your own methods
silenteyes
2012-04-29, 06:18 PM
Yes, the real purpose of a demo account is to test new things. I see people just giving importance to demo account in their start but it must be used throughout your forex trading to try new things to maximize your earning potential.
bejomulyo
2012-04-29, 09:37 PM
my friend told me that i must learn on demo account for 1.5 months to create a good mindset. aware of rumors and discipline following the daily targets. is that true, mates?
andhwrey
2012-05-13, 09:56 PM
my friend told me that i must learn on demo account for 1.5 months to create a good mindset. aware of rumors and discipline following the daily targets. is that true, mates?
thats true,learning progres are not only spending for only a days or weeks in demo acoounts,in this case new traders,they must keep learn in demo first,many traders
cant hold thier mind to soonly deposit their own money and soon they have first margin calls because they still lack of experience,this things mostly happening,especially
me in 8 month ago after start trading with real money
najaf12345
2012-05-14, 01:03 PM
HI
Yes there is also need you stop your business and start a new one for excitement and zeal you will also successful in you business and also
try to know that the cause of you losing business . when you know tha how are the causes of losing this is the reality you face in your
daily life, is a race some one losing it and many people are successful in it so you will also try,
Gurufx
2012-05-18, 11:57 AM
This may be one of the most excellent suggestion, maybe the future to preserve and maintain patience is one of the best ways of trading,
with no desire to succeed faster, is one of the keys of success itself
how a trader can be capable to enhance his trading ability only by getting the more knowledge about the market and making the lot of practice can sharp our trading skills more effectively still trading after loss mean that trader may want to recover his loss, still trading after loss make trader to be professional
warnisw
2012-05-18, 02:18 PM
very help full advice! and i totally agree, because many times we make changes, like chage lot size or enter early. your test is very great for every begginer to test him self and find mistakes
Maham Gill
2012-05-18, 07:20 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)
forex trader ha he profitable es sa boht sara profit earned kar sakt hoo or agr ap na achi or best trading akrta hoo ho ap to jtian profit trading sa earned kar skaa ho assaini sa or kisi be dosara business itne bari raqam kabi be nahi mail skate ah.
waleedkhan
2012-05-19, 11:14 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)
kafi acha threat hai aur hum is say kafi kuch seekh sakta hain aur app jo hain is ko follow karah kay aik achi trading karah sakta hain aur app ko aik acha profit mil sakta hai
moonletter
2012-05-20, 02:09 PM
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.
abdul hamid p
2012-05-22, 08:48 PM
always profit is almost imposible i think, but we can get profit from accumulation trading. I mean profit should be more than lose. if this consistent then we can say profitable trading
Gurufx
2012-05-22, 09:35 PM
In order to become a successful trader you must have sufficient risk capital, the loss of it (or parts of it) will not completely destroy your mood - you should be able to handle this ordeal calmly and this should not be to achieve your lifestyle in any way. Your mind must be in the market, not on your earnings. Should focus on the task of exchange and must remain calm, to make trading decisions appropriate. Should not be used at all the last remnants of your earnings for trading - the responsibility and the pressure will be large too, and your mind about your earnings, and not towards the market, the odds of errors would be great.
I remember the early days when enter transactions without knowing anything I do not know why the move up or down, but after more than 8 months now and after reading lots of books and gain considerable experience I can say I learned more than 30% this is not just in the period of 8 months
hamadmuneer
2012-05-22, 09:51 PM
yes sir app ne bohat achi post ki hai is se humain kafi madad mily ge sekhny main aor ager hum consistently profit hasil karna chahty hian to humain is tarha ke knowledge ki he zaroorat hai jitna humara knowledge ziada ho ga hum utna he consistently profit hasil karny lagain gay so very so very good sharing
yogesh
2012-05-23, 12:45 PM
Well to consistently make profit in forex you need to have good experience have a good strategy and analyse well before opening each trade, having a predetermined stop and target will help you make profits and limiting losses.
abdul hamid p
2012-05-23, 12:56 PM
Daily profit targer are really important brother, this is really useful to avoid us from become greedy in our trading, but you should consider to set your daily profit target in reasonable % target so you will be not over trading.
i had also have daily profit target but i was leave that target because it's too hard for me it might because to day is not same with yesterday. Now i have monthly profit target
ikram9876
2012-05-23, 02:18 PM
wow great job ...ap sahi keh rahy hain consistently profit possible hain leken ager apki strategy achi ho tu mere khya main consistently profit depend on good strategy
sohelforex
2012-05-23, 02:36 PM
To be consistently profitable in the forex market trader should have a testified strategy which can be workable in every type of market. There has to be a fair money management system in the process of trading. Trader has to be reliable in his own strategy and should study further on forex because knowledge is everything to exist in a market.
md satu
2012-05-23, 03:00 PM
well this is big problem..i believe that trade need tough training to enter in the Forex world & he needs more than that to make his wining consistent.
smamanbd
2012-05-24, 07:11 AM
There have some strategy in Forex Trade, but how many strategy you know.
Not only Forex but also in every steps of your life strategy is needed to gain something in good.
To be consistently profitable in the forex market trader should have a testified strategy which can be workable in every type of market. There has to be a fair money management system in the process of trading. Trader has to be reliable in his own strategy and should study further on forex because knowledge is everything to exist in a market.
I would argue that in order to be able to get profits consistently is key in the management of money, with good money management then we will be able to maximize profit and minimize loss, so we always get a consistent profit at the end of our trade in every period that we specify.
mmja2003
2012-05-24, 12:44 PM
Your thought is nice. I like to add my opinion that -
I think in Forex to make consistent profit is not tough. If you open a trade and don't close the trade no loss will be done. And keeping this trade open you can open another trade depending on market trend and if you can make profit you can close it. If no profit don't close it, then open another trade and if make profit then close it. We have to remember that a currency never been always down or high, must be reverse at last. You have to keep patience and don't close the trade at loss. So no loss will be added in your account. But for this type of trade you have to have enough money for forex trading. As per I know many traders have opened EUR/USD at buy rate 1.44. Yet they didn't close the trade. So they have no loss. But for making daily profit you have to close a trade depending on analysis even if it is loss that is follow every expert traders.
nurdiantofxwave
2012-05-24, 01:04 PM
So that we can make a profit consistent, we need best trading strategies, using a right money management, and keep emotion when we are doing trading. If we have got some considerable profit, we must closing position and remember don't be greedy.
ahmedi
2012-05-24, 01:05 PM
I think profit is realy very difficult for the people who are very new in the market and as many people make profit in single trade but loose double money in another trade so it's not about only taking profit it's the mindset and approach.
It is not so hard if we wanna learn in much time, the best thing that every trader can do is to evaluate every single step he do in forex . if that step helped him to make profit then he should mark it as good to do . and if not then he should mar it bad to do
I think profit is realy very difficult for the people who are very new in the market and as many people make profit in single trade but loose double money in another trade so it's not about only taking profit it's the mindset and approach.
Indeed to get profit from trading in the forex market is not easy, especially for traders who are new in the forex market. but it does not apply to a professional trader and expert in forex trading. so that we can get profit with ease then we have to study it seriously until we become an expert in forex trading...
william88
2012-05-27, 03:34 PM
Indeed to get profit from trading in the forex market is not easy, especially for traders who are new in the forex market. but it does not apply to a professional trader and expert in forex trading. so that we can get profit with ease then we have to study it seriously until we become an expert in forex trading...
To be expert in trading we need a lot of experience..And what makes them experts is they know what they are doing,and already know how is the market react..
The way they trade already turns into habbit..because they do it averyday..
SO if we want to be an expert,i think we must make our action to be a good habbit..
Good habbit means a good system,with perfect money management,and excellent trading psychology..
forex easy business nahi hai lekin agar thik se study kari jaye to forex se consistent paisa kamaya ja sakta ai
forex me jo bhi trader market ko smajh ke usse analyse karke uske fundamentals samjh ke trading karta hai, uske liye market bahut profit deta hai
kalponick
2012-05-30, 09:12 PM
You should not aim for profit in every trade.. or even daily basis.. Because sometimes even expert traders failed to do that.. You should only aim for ending the month with profit.. Thats quite possible.. But even that requires a good knowledge about the market and huge amount of experience.. Its not a easy thing to achieve but not impossible either..
julianambas
2012-05-31, 09:58 AM
must have a good strategy and confidence and discipline is high in the open position. and avoid leserakahan as well as the mindset that easy trading will benefit greatly. forget about it because it will take us to the brink of defeat
Sri Hartono
2012-05-31, 02:15 PM
I strongly agree. to maintain consistency of profit that we get, we must be disciplined with a trading system that we do, do not violate the rule which we have specified that already generate profit.
hello927
2012-06-01, 05:46 PM
You are very right but my opinion is that in the loss one must analyse that what are the reasons of failures and what are the recomendations for the future. . If one is consistently loosing he must rethink his planning for better future.
wahabplus
2012-06-01, 06:53 PM
Following are the points i think forex trader should follow for being consistently in profit:-
Learn about forex trading business.
Learn and practice new profitable strategies.
Keep practicing in demo trading.
Trade with low volume lots.
Use low risk.
Never expose your account to risk.
Control your emotions / greed.
Be confident in making trade decisions.
Be relaxed and disciplined.
Analyze the trend before riding over it.
Keep patience.
Concentrate in market when trading specially.
rahimlakhany
2012-06-02, 05:01 AM
My way to get consistent profit is by keeping it short and i agree with with wahab said - Patience, low risk and concentration are very much needed to get consistent results.
rahimlakhany
2012-06-02, 05:05 AM
You are very right but my opinion is that in the loss one must analyse that what are the reasons of failures and what are the recomendations for the future. . If one is consistently loosing he must rethink his planning for better future.
I think its really difficult to analyse your mistake when the time is bad for you i mean when you are in loss so its better to practice with demo account and make decent strategies about how to go forward otherwise you will always end up consistently losing.
sheikh rashed
2012-06-13, 01:42 AM
I strongly agree. to maintain consistency of profit that we get, we must be disciplined with a trading system that we do, do not violate the rule which we have specified that already generate profit.
i also agree with you but most of the peoples do not containing this they try to do some extra , after 8 months late now i feel forex is a easy business if you have to do.
I think, to be const profit in forex we should use indicators such as the parabolic sar is very helpful. consideration we will do what we must do with a buy or sell. but what I do is to combine the parabolic sar indicator with other indicators. in order to solidify our choice
ashar
2012-06-13, 10:33 AM
I also have not been able to generate a consistent profit, I think it's very difficult to be consistent, I have not been able to control your emotions when trading
abdillahikbal
2012-06-13, 01:27 PM
I think, to be const profit in forex we should use indicators such as the parabolic sar is very helpful. consideration we will do what we must do with a buy or sell. but what I do is to combine the parabolic sar indicator with other indicators. in order to solidify our choice
well sir, parabolic sar also helped me in the first big appearance and is very easy for us to make the benchmark as a signal to sell or buy, especially if we combine it with our favorite Bolinger indicators must be very profitable
hello927
2012-06-13, 02:35 PM
Consistency comes with experience. If someone has spent a lot of time in forex then he will able to understand the exact position of the market, Even a successful trader may have experienced losses in business because it is complex system and without gaining knowledge one can not say that he is expert of forex.If one is discipline in his approach then he is able to make profit consistently and gain profit regularly.
abdillahikbal
2012-06-13, 02:51 PM
Consistency comes with experience. If someone has spent a lot of time in forex then he will able to understand the exact position of the market, Even a successful trader may have experienced losses in business because it is complex system and without gaining knowledge one can not say that he is expert of forex.If one is discipline in his approach then he is able to make profit consistently and gain profit regularly.
correct sir, with often we lose then we will often quickly gain experience and will not make a mistake the other day, so when we experience a loss in the demo account I think it's not something that hurt us because of this experience we get with the account otherwise the demo when we lost the
happyrichyyy
2012-06-13, 08:35 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)
Hey this is really useful, just felt I had learned something after reading your post, thank you for the kind help. I guess maybe I would make some notes or records during the strategy testing period, so that it would help me in review when all 20 trades are done. And maybe I could also use the note to compare different strategies that I have tested, which one works best for me :)
happyrichyyy
2012-06-14, 10:37 PM
Besiedes compare another strategies, I think we should get improved or create our own strategies, because we have anothers trading style with others traders. So I think that will be more effective if we can create our own trading strategies that fits to our trading style.
Wow this sounds quite challenging, I guess it's not so easy for a trader to develop his own strategy successfully, until he has all basic knowledge, skills and good news sources? I do wish to have my own strategy, but guess it'll at least after some months, since I just am a beginner, even can't read the candlestick that properly yet, but it's a good point, thanks man :)
ayakcalysta
2012-06-22, 06:46 PM
i also agree with you but most of the peoples do not containing this they try to do some extra , after 8 months late now i feel forex is a easy business if you have to do.
I agree with your opinion sir, it is true forex is a business that can take us to the gates of success. but if we really want to learn and try to persevere in the forex business. but it is expected also for novice traders to be more active in the forum for sharing with senior traders.
darksaimon
2012-06-23, 09:56 AM
I judge that trade poverty difficult preparation to enter in the Forex group and he needs much than that to puddle his profits consistent. As we couple Forex is not a unhurried sector it requires a lot of acquisition and practicing and expertise develop with the musculature of time
ermaniso2011
2012-06-23, 11:35 AM
tracking or analysing the trades is one of the most important thing we have to do.it is the only way for us to see or positives and negatives while trading.and it is the only way or most affective way to correct ourself.the common mistake of newbies is mixing so many strategies.trading with so many strategies or pairs does not mean that we can earn more.we really have to test them one by one until finding the best one .
happyrichyyy
2012-06-23, 11:03 PM
I guess one strategy is enough for a certain period, as long as it works well for you, but for some strategy it's possible to trade various pairs, like I am doing scalping these days, and for me almost every pair is same, since I just am following the trend and making some small profit like 1 or 2 pips, I do read news as some reference, but mainly I just read the candlesticks then make decisions.
irfan
2012-06-24, 12:16 AM
Consistent profit from forex is not an easy job because it need a lot of knowledge and experience and at the same time it needs a lot of patience. When we start forex trading we want to earn a lot of money in no time but for consistent profit we need to avoid quickness and we have to be slow and trade with patience.
moonletter
2012-06-24, 06:12 PM
To get a consistent profit is not easy, unless you are very understanding and are able to analyze the market properly. and it requires persistence and a relatively long time to achieve a consistent profit, at least you have to consistently collect a little profit that ends up being a lot.
happyrichyyy
2012-06-25, 11:53 PM
Right, if we have already found the best strategy for gaining profit, I think we just have to stay focus in that strategy, there is no need to learn others strategies, because if we learn to much trading strategies we will get confused to determine what is the best decision to make buy or sell.
Yea we could focus on the strategy which works well for us. However, I do think it's also okay to check some new strategy meanwhile, coz maybe some strategy can't work for all the cases, maybe you need to switch to something new for some special cases, then if you have something to take as an alternative, so you can win all the time. :)
sahed_a
2012-06-25, 11:57 PM
How to be profitable consistently in the forex trading.
The Forex trading strategies - How to be profitable consistently in the forex trading
Forex Trading Strategies
Whenever I have the same questions from traders around the world:
"Ezekiel, I can not seem to be consistently profitable forex trading"
You can then follow the "I know my strategy Forex trading .. But I can not make a profit month after month."
These are the questions I get often. This is my response to make them public.
I'll ask again normally:
"So, you are tracking your operations?"
You see, to be profitable at all times. You can not leave this important step.
This is the track.
Every successful entrepreneur tracks the performance of their own and their companies.
This also applies to successful traders.
Must be adequately and systematically monitor their operations, and success.
So you can see if you're on your way to success .. Or if they were on the track
The Forex trading strategies - How to be profitable consistently in the forex trading
Here are some simple ways to track transactions in foreign currency to your:
First, we focus only on just 1 trading strategy currency at a time.
You can not change the currency trading strategies together in a different time, on 1 account.
If you do -
My question is this:
How do you know that the forex trading strategy is working for you? And that is not working?
Therefore, the initiation of negotiation of a strategy once.
Be specific with the strategy of not divert or change the material at random.
For example. Change the way you enter and exit trades, etc..
In case of being fixed along the path.
So run the strategy trading for 20 contracts.
At the end of the test, what is your position an account?
You are profitable, and a tie or negative?
Then ask yourself, do not change anything on the road, and between different professions?
For example. Many different size, or that there should be entered in a particular trade, but went anyway.
If there is a diversion - change
Then you have to restart the entire test.
Using this tracking method, you will be able to see clearly whether the strategy of foreign currency trading is using you.
The Forex trading strategies - How to be profitable consistently in the forex trading
Also, I will recommend to take screenshots of the character you entered.
Thus, you can review all trades that have been introduced 20 Once you have the test.
And you can see clearly what are the mistakes they have made in certain professions, and what things are not right in the circulation of certain foreign currencies.
This method prevents you from repeating the same mistakes again.
Ezekiel Chew
Asia # 1 Forex Mentor
sujarman
2012-06-26, 01:01 PM
How to be profitable consistently in the forex trading.
The Forex trading strategies - How to be profitable consistently in the forex trading
Forex Trading Strategies
Whenever I have the same questions from traders around the world:
"Ezekiel, I can not seem to be consistently profitable forex trading"
You can then follow the "I know my strategy Forex trading .. But I can not make a profit month after month."
These are the questions I get often. This is my response to make them public.
I'll ask again normally:
"So, you are tracking your operations?"
You see, to be profitable at all times. You can not leave this important step.
This is the track.
Every successful entrepreneur tracks the performance of their own and their companies.
This also applies to successful traders.
Must be adequately and systematically monitor their operations, and success.
So you can see if you're on your way to success .. Or if they were on the track
The Forex trading strategies - How to be profitable consistently in the forex trading
Here are some simple ways to track transactions in foreign currency to your:
First, we focus only on just 1 trading strategy currency at a time.
You can not change the currency trading strategies together in a different time, on 1 account.
If you do -
My question is this:
How do you know that the forex trading strategy is working for you? And that is not working?
Therefore, the initiation of negotiation of a strategy once.
Be specific with the strategy of not divert or change the material at random.
For example. Change the way you enter and exit trades, etc..
In case of being fixed along the path.
So run the strategy trading for 20 contracts.
At the end of the test, what is your position an account?
You are profitable, and a tie or negative?
Then ask yourself, do not change anything on the road, and between different professions?
For example. Many different size, or that there should be entered in a particular trade, but went anyway.
If there is a diversion - change
Then you have to restart the entire test.
Using this tracking method, you will be able to see clearly whether the strategy of foreign currency trading is using you.
The Forex trading strategies - How to be profitable consistently in the forex trading
Also, I will recommend to take screenshots of the character you entered.
Thus, you can review all trades that have been introduced 20 Once you have the test.
And you can see clearly what are the mistakes they have made in certain professions, and what things are not right in the circulation of certain foreign currencies.
This method prevents you from repeating the same mistakes again.
Ezekiel Chew
Asia # 1 Forex Mentor
How do I get the advantage in the trade?
His way is by analyzing a currency pair which will naek or down, and take its difference from the trade.
If you believe the currency will be stronger (naek) please do buy position, then wait for the price naek, do closed (sell) when the currency exceeds the purchase price of your last
If you believe the currency will weaken (go down) do sell position, wait for prices to fall, do closed (buy) when the currency was below the selling price of your
As the example is this:
Opening of Euro 1.1750 / 1.1753, your euros will analyze the position naek be 1.1770/1.1767, then open your position buy at that price (so you buy at the position of 1.1753), and when the position changed to 1.1770/1.1773, do closed position / sell currency (at the position of 1.1770)
Consider the example above, the offer price and bid price, notice the difference in price and sellnya buy, and when you use the offer price and when to use the bid price.
chaya12345
2012-06-26, 01:03 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 mistkes and when trading the best way to do so is to aim low the way you will be making consistent profits.
kalponick
2012-06-27, 08:57 PM
How to make consistent profit? Thats the million dollar question.. Maybe a trillion dollar question.. Because if you know how to do that then you can earn as much as money you want from this market.. There will be no stopping it.. but even expert traders needs to sweat sometimes to earn their profit.. Because making money from this market is not a big deal..
happyrichyyy
2012-06-27, 10:11 PM
Well I guess to make consistent profit you've just got to practice consistently, do the trading consistently, and consequently you're gonna earn good money consistently, as long as your strategy works good, and as long as you can scientifically manage your money and emotion. And one more thing is, you may only start the real trading when you are all ready with the demo account, to assure the profitable trades in real account.
ishvara
2012-06-27, 10:45 PM
It is only with time that this is achievable. A forex currency trader which continues to learn about forex will become a consistent trader with time and experience. Once we keep learning, we will be experts soon.
yulianto470
2012-06-28, 05:29 PM
How to make consistent profit? Thats the million dollar question.. Maybe a trillion dollar question.. Because if you know how to do that then you can earn as much as money you want from this market.. There will be no stopping it.. but even expert traders needs to sweat sometimes to earn their profit.. Because making money from this market is not a big deal..
If my advice does to make profits consistently by mastering the technical, fundamental, and can understand
about forex beul was the second most important is money management is very important to keep our capital
happyrichyyy
2012-06-28, 10:21 PM
If my advice does to make profits consistently by mastering the technical, fundamental, and can understand
about forex beul was the second most important is money management is very important to keep our capital
Besides these i guess it's also good to visit some forum regularly and discuss with others about the forex, since it's something which is always changing, and there's always something new coming up, like news, strategy, etc. It's really important to keep yourself updated so that you could catch up with the flow wherever it is going, and adjust your strategy accordingly as well, to assure the consistent profit.
Md Ratul
2012-06-28, 10:44 PM
nice post.i think forex is so risky.before you earn profit you have to maintain your time and have a better knowledge about forex.
sovon420
2012-06-28, 11:08 PM
forex trading is more profitable trading if we make a good trading plan , descipline, use money managment , use risk managment , we should know about concepts of forex trading and learn forex well then we will gain and make profit.
kalponick
2012-06-29, 02:09 AM
Making constant profit needs total control over the market... Market needs to obey your commands.. Your prediction needs to come true most of the time. You like to be a guy who can see futures!!!.. Now you know how tough it is to be able to achieve that kind of level.. Its a rare kind of ability and only a handful people can trade with that kind of efficiency..
hendarto
2012-06-29, 11:47 AM
to be consistent profit of course we have run our strategy with discipline. because that causes us to not be consistent is not the discipline to execute our strategy. and of course it's not easy. Psikology many factors that can affect us in the running strategy with discipline.
correct sir, of course, by preparing our victory will always win when we can always run the rules we have created yourself, as obedience and discipline will lead us to the pinnacle of success that we expect
I think the victory that we plan properly we must be easy to achieve, but it is worth to remember sir, that fores price movements do not always like what we expect, we must always be vigilant
mhchomsi
2012-06-30, 10:04 AM
to be consistent profit of course we have run our strategy with discipline. because that causes us to not be consistent is not the discipline to execute our strategy. and of course it's not easy. Psikology many factors that can affect us in the running strategy with discipline.
true, with the discipline of trading that we do is the key profit software we want consistency. It's just that sometimes we can't wait to do an entry point. and it is so harmful. Therefore the disipli and patience is the price of death
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)
Thank you for the very nice tips. I learned from it. And from now on, I am going to keep track all my trades in my demo account. And I will not change my strategy and follow the rules.
obaid2012
2012-06-30, 02:11 PM
You just need to stop losing your job consistently. It's that's it. If you want to know why you are losing. How will you benefit. So do not you be a small loss. The dark horse in this race, you can be.
liyonala1988
2012-06-30, 05:03 PM
It is hard to get profit consistently in Forex trading. Also you will never loss consistently. If you want to get profit in Forex consistently then should consist with good knowledge and experience in Forex.
sgiant
2012-06-30, 10:33 PM
It is hard to get profit consistently in Forex trading. Also you will never loss consistently. If you want to get profit in Forex consistently then should consist with good knowledge and experience in Forex.
If your income in the forex business can not be consistent, meaning that you can not execute the technique properly. A successful trader can earn a consistent profit, do not need a big advantage.
happyrichyyy
2012-06-30, 10:54 PM
Well if your income ain't consistent yet, it just means just you still need to practice more, gain more experience, to improve yourself for doing it better in next trade, it doesn't mean you can't be successful, but only means you are not that successful at the moment just, there's always space to improve and develop. A successful trader is something easy to say, but ain't that easy to achieve.
fxquest
2012-06-30, 11:18 PM
Putting adequate efforts in analyse each trade and following the strategy and your tested trading plan along with risk management rules will help a person make positive trades consistently or at least have more winning trades.
mohamedsaleh
2012-07-01, 12:58 AM
i used to have that question going in my mind but then i realized it is not about just profit it has so many ways to see how your are going in Forex , like watch your strategy if you have one and see if it goes with you in worst case , if it done well then it is a good strategy
happyrichyyy
2012-07-01, 01:46 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.
ishvara
2012-07-02, 05:12 AM
After we have learnt what we need to know in forex trading business, then a trader needs to successfully apply them in forex trading business. Applying it actually needs a lot of consistency from the trader for success.
andrian
2012-07-02, 07:49 AM
I think success in forex is not difficult, we just need to be consistent if you want to succeed in forex, I also want to try this, if I am consistent, can I become a success in foreign exchange
taufiqbd
2012-07-02, 01:11 PM
If a trader perfectly learn and properly 6 month demo trading to without indicator and robot using then he able to continuous making profit when he enter in forex trading. The success is 100% depend your demo practice, so a trader seriously demo trading first.
hanna
2012-07-05, 01:30 AM
until now still haunts our ambition to continue to try everything to make reprisals against some of our account to meet margin calls already .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.
ishvara
2012-07-05, 04:01 AM
It is through practise that a forex currency trader can start having enough knowledge in forex to make consistent profits in their trades. It takes a lot of time before a forex trader can get to the top, just keep practising.
happyrichyyy
2012-07-05, 08:40 PM
I guess the knowledge you would get through reading and learning etc., not through the practice, the practice can only teach you how to utilize the knowledge you've learned in the trading. And through practicing you may get to understand the knowledge you've learned much better, and through the experience you've got from the practice, you'll perform better and better.
awal28
2012-07-06, 12:09 PM
very clear explanation
very useful for newbe like me
computers
2012-07-06, 03:46 PM
kafi acha threat hai aur hum is say kafi kuch seekh sakta hain aur app jo hain is ko follow karah kay aik achi trading karah sakta hain aur app ko aik acha profit mil sakta hai
tracking or analysing the trades is one of the most important thing we have to do.it is the only way for us to see or positives and negatives while trading.and it is the only way or most affective way to correct ourself.the common mistake of newbies is mixing so many strategies.trading with so many strategies or pairs does not mean that we can earn more.we really have to test them one by one until finding the best one .
happyrichyyy
2012-07-09, 08:39 PM
Ya we better apply the strategies one by one, to test which one works good for us, but regarding the currency pairs, I still think it's okay to do multiple pairs at same time, coz some strategies work good for almost all the pairs, such as scalping, in this case any pair could work if you do it at right direction.
cozard007
2012-07-11, 01:58 AM
I would have described a trading strategy to traders, but i will still say that planning trader is better than uisnbg the other wise in trading success, this is better off.
antosco
2012-07-11, 02:00 AM
It is very important that we should depend on just one trading system that works for us instead of relying on too many indicators that might confuse us.
To be able to make profit consistently, we must have a trading system that works, and at all times, we must use our stop loss level to avoid loss. In addition we must ensure that we follow our risk and money management rule.
lights
2012-07-11, 12:48 PM
it's really hard if we want to get profit consistently,, except if we just have a little target per month,, we can set our target just 10% only, i think this is realistic enough if we want to consistenly
happyrichyyy
2012-07-11, 08:39 PM
it's really hard if we want to get profit consistently,, except if we just have a little target per month,, we can set our target just 10% only, i think this is realistic enough if we want to consistenly
10% per month is good already I guess, however, I guess consistent profit doesn't mean that we need to get profit of an exact number, it's still consistent as long as we are getting some profit. I don't make any target yet, but just am happy to see my account balance growing, that's what profit is all about, hehe. To remain consistently profitable you just got to be smart and careful and skillful.
wasifshakil
2012-07-11, 10:26 PM
Thats kinds of discussion is very useful for forex traders. we are new traders can made better knowledge from its.it is surely very much likely for new beginars who wants to learn forex.
kamot
2012-07-12, 05:55 AM
You retributory poorness to grab consistently losing in your trades that it . If you fair fuck why you are losing.. then you instrument pronounce out how to make benefit.. So dont determine your losing lightly.. they could be your illumination framework in this contend.
rayhansobhan112
2012-07-12, 02:13 PM
each trader want consistently profite in forex trading including me as well.i hope you shared tips wiil help to go on this path.even most of experienced traders suggest "NOT TRADE FOREX"
hendarto
2012-07-12, 02:36 PM
have a good strategy and run it with discipline. This is one of the business to be trading well and earn a consistent profit. but that will not guarantee a profit. because in the forex business no one can predict market movements.
shankar_saha
2012-07-12, 03:22 PM
You just got to stop consistently losing in your trades.. thats it.. If you simply understand why you're losing.. then you may ascertain a way to create profit.. therefore dont take your losing gently.. they may be your dark horse during this race..
sgiant
2012-07-12, 03:26 PM
have a good strategy and run it with discipline. This is one of the business to be trading well and earn a consistent profit. but that will not guarantee a profit. because in the forex business no one can predict market movements.
I strongly agree with the opinion that you have described. To benefit the discipline is difficult. Because we know that market movements are always changing.
sunnyctg
2012-07-12, 03:30 PM
Find a simple way to identify the current trend . Pick in the trend just when the time is right. Maximize your wins, minimize your losses. Techniques and methods that would help you - regardless of skills or experience. Try to learn from the previous trades and put them in your future trades. Of success comes in a quick way it goes quickly , try to learn more then you can be a consistently profitable trader in Forex trading.
wasifshakil
2012-07-12, 10:40 PM
Yes, trading strategy is very useful for Forex trade. Only one time and one strategy is better then more usage. Treading strategy is must for profit in trade. okkk ..Thanks you for discuss ........
happyrichyyy
2012-07-12, 10:47 PM
I don't know what you mean by simple here, but I think the candlestick patterns look simple, whereas they ain't that simple at all when you really apply them in the trades. I tried to test the reversal candlestick patterns in my trades, so far just one or two succeeded, still three are pending there, awaiting to be successful yet. I wonder how to stay consistently profitable, with just one strategy always, or using different strategies at different times, but I'm still in testing stage.
Putting adequate efforts in analyse each trade and following the strategy and your tested trading plan along with risk management rules will help a person make positive trades consistently or at least have more winning trades.
Dragon
2012-07-13, 02:37 PM
these are your tips or in other words. They are your trading strategy? my friend. I see it that it is very intersting to read and learn. In 5 points you give, i like the most is" Always keep a target for you trade". It is right
tashnotashi
2012-07-13, 03:51 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)
ager app forex trading main kamyab hona chatey ho na to main app ko ek sab se acha mashwera deta houn k app es main experince or knowledge hasil karo es k bagher app forex trading main kamyab nahi ho saktey ho main khud bhi es main aese he profit kama raha houn
kltbanptbnyab
2012-07-13, 06:56 PM
I believe that this may be one of the most excellents suggestion, maybe the futures to preserves and maintain patiences is one of the best ways of the trading and with no desires to succeed fasters, is one of the keys of success itself !!
dalaxapola
2012-07-13, 08:47 PM
I believe that to be consistently profitables in the forex market traders should have a testified strategy which can be workables in every types of markets and there has to be a fairs money managements systems in the process of the trading !
happyrichyyy
2012-07-13, 09:17 PM
Your words sound right, all these are needed for being consistently profitable in forex. I made some positions yesterday, by the time I closed the laptop, they were still pending, I just logged it off anyway, but today when I opened up the platform, I saw they were done and I made some profit, I guess patience really work.
VS89494899
2012-07-13, 09:38 PM
i think that failure is the pillar of success. for that reason if you constantly lose and try to find out the causes and be alert all the time of those reasons then you will not lose again. one thing has to remember may be you will not take profit on huge margin but at least you will profit. the idea should be not to lose besides how much profit i am getting that should not be the matter of thinking.
ahmdadafa
2012-07-13, 10:26 PM
For me i say this is really to hard for everyones makes regulars consistences the profits in here but if anyones can following good money managements and also have good strategy they can makes regulars profits its sure !!!
mariomuhafsa
2012-07-13, 11:48 PM
I believe that you are very right but my opinions is that in the loss one must analyses that what are the reasons of the failures and what are the recomendations for the futures and If one is consistently loosing he must rethink his planning for betters futures really !!!
sgiant
2012-07-14, 04:19 PM
To get consistent profits is very difficult, but if a consistent loss is easy. Actually there is the trader should know about him. Do not always blame the strategy, because strategy can be destroyed by greed.
dalaxapola
2012-07-14, 11:41 PM
The tracking or the analysing the trades is one of the most important thing we have to do really and it is the only ways for us to see or positives and the negatives while the trading !!!
zahed11
2012-07-15, 12:20 AM
Sus estrategias y las operaciones del operador, y su conocimiento de que el beneficio diario que desea experimentar, pero no es capaz de seguir adelante con las ganancias diarias, pero usted aprenderá educación en el extranjero el comercio de divisas, y la cuenta de operaciones reales.
You must tracking your trading. Because any business can't be profitable without tracking. Some systematic strategy need for every forex trader. Every trader trading with her own mind. Forex is chance for good profit or chance for a big amount loss. You should make your strategy yourself.
forexstudentforever1
2012-07-15, 11:28 AM
No one can constantly win the markets. You have to accept the fact that the losses will come along the way and you have to know how to learn from them. From my point of view, a trader has to have 65% of wining of 1:1.5 RR (Risk-Rewards: ratio between losses and wins). In order to get there, beside a good forex trading strategy, you need to have excellent money management skills, which I believe, is the most important element of successful trading. Thank you so much and Good luck for your business.
cozard007
2012-07-15, 05:23 PM
With my vast knowledeg of trading the forex market, using a moving average of 5ema and 10sma together may be a nice trading practice and simple since it has over 82% winning percentage, managing your account with this is still the bets.
---------- Post added at 12:53 PM ---------- Previous post was at 12:52 PM ----------
The best thing first is to overcome yourself, after this you will be able to parctice a nice trdaing account management when you have a solid trading strategy in place...
fadil
2012-07-15, 05:35 PM
If you just know why you lose .. then you will find how to make a profit you must know how to lose avoids
sgiant
2012-07-15, 06:54 PM
Important things you can do as a basic foundation for a stable benefit is mastering self-control. If traders can not control yourself any strategy used will not run properly.
ahmdadafa
2012-07-15, 09:23 PM
The success in forex is not difficults and we just need to be consistents if you want to succeed in the forex, I also want to try this, if I am consistent, can I becomes the success in the foreign exchanges really !!
The Queen
2012-07-15, 09:39 PM
Patience and Aggression is a thing that we can apply in our forex trading but correct timing must be made before this becomes possible. We must try and use it at the very correct time to make adequate results.
mariomuhafsa
2012-07-15, 09:54 PM
For me I would have described the trading strategy to traders but i will still say that the planning traders is better than using the other wises in the trading success and this is better off really !!!
deepak
2012-07-16, 11:03 PM
tracking or analysing the trades is one of the most important thing we have to do.it is the only way for us to see or positives and negatives while trading.and it is the only way or most affective way to correct ourself.the common mistake of newbies is mixing so many strategies.trading with so many strategies or pairs does not mean that we can earn more.we really have to test them one by one until finding the best one .
happyrichyyy
2012-07-19, 09:46 PM
You are pointing three important things here in forex, however, there are some other things that are basic and essential in this business, which are education, practice, and patience, every trader needs these three factors to become successful, in doing anything there's need of learning first of all, and to check and improve what you have learnt, you need to practice, and you need some patience while waiting for the success to come.
Sun-Moon
2012-07-19, 11:54 PM
I think if a person want to make consistently profit from the Forex market, He should practice and learn Forex trading at least three or five years. It takes many times to be a profitable trader.
happyrichyyy
2012-07-20, 08:16 PM
Hmm I don't agree with you. I think anyone who learned enough knowledge needed for his specific strategy, and made enough practices for the strategy, and has strong discipline and proper money management could make consistent profit in forex, doesn't matter how long he's been trading in this business, what's important is what he has got.
norix
2012-07-20, 08:45 PM
Hmm I don't agree with you. I think anyone who learned enough knowledge needed for his specific strategy, and made enough practices for the strategy, and has strong discipline and proper money management could make consistent profit in forex, doesn't matter how long he's been trading in this business, what's important is what he has got.
which clearly must have its own tricks do not let one make an analysis,
supposing if you want to take an advantage to know how they can move and can be a consistent profit
suresh
2012-07-21, 12:19 PM
agree with your opinion sir, it is true forex is a business that can take us to the gates of success. but if we really want to learn and try to persevere in the forex business. but it is expected also for novice traders to be more active in the forum for sharing
leherchand
2012-07-21, 12:27 PM
think your strategy is very good and i will try it in my demo account first because of my understanding clearly if i do use it in my demo trade then i can know about this strategy perfectly,
munna7474
2012-07-21, 01:07 PM
for doing forex treading we need be very wise and must be very cautious about present market. So to get success ,need to spend much time in learning and practicing about what forex treading is. As every is looking for profit so it's hard to deal with market if u r not careful and knowledgeably enough.
newentry
2012-07-21, 02:45 PM
this is the hardest side to make profit with consistent than we jsut make a big profit but just for once..so we need good emotion, strategies and also see the right time the market condition to open position
sujarman
2012-07-21, 02:50 PM
this is the hardest side to make profit with consistent than we jsut make a big profit but just for once..so we need good emotion, strategies and also see the right time the market condition to open position
consistent manner in forex trading or are currently doing, stay focused and maintain the physical stability as well as targeted work that has been specified.
mojan
2012-07-21, 03:00 PM
Being consistently profitable is like telling 'bolt' to keep up with breaking the reacords its not that easy but all the same to become better you must do it.
happyrichyyy
2012-07-21, 08:46 PM
It's true that it isn't that easy, but still not impossible, as long as you qualify all the things required for making consistently profitable trades always. I guess it comes from the knowledge you've learnt, and the practices that you've done, which teach you what is to be kept up, and what is to be improved, etc., then you'll always have some idea about how to win the trade.
zindamurda
2012-07-21, 09:04 PM
Just stop systematically lost in your business .. that's all .. If you just know what is lost .. then you will find a way to make money .. So do not take lightly the loss .. what could be his black horse in this race.
antosco
2012-07-22, 01:34 AM
To be consistently profitable in forex trading, we should have good trading strategy and discipline, if we discipline ourselves to trade and follow risk and money management rule, there is no way that we wouldn't become a successful trader.
norix
2012-07-22, 03:23 AM
this is the hardest side to make profit with consistent than we jsut make a big profit but just for once..so we need good emotion, strategies and also see the right time the market condition to open position
hard work always work for those who want to have that spirit, not just rely on it even though capital is important, but we must have systems and self-confidence to survive
goldenmember
2012-07-22, 05:17 AM
I think being consistently profitable is the key to success. All those new traders who make 10% a day eventually make big losses. You need to be very consistent and keep up wins and losses in a winning proportion if you are to be successful.
Gurufx
2012-07-22, 06:02 AM
Available for purchase gallery that a preferred within reach small business owner financed. He / she ordered to provide an internet site . out sq where by the item showcased clairvoyant skill. I’ve become hectic purchase sterling painting these individuals intended for quite a bit. When i know a couple top notch equipment in addition to when i have a number connected with readers decide to order artworks with whom I’ve have observed.
I would like to say that planing is must in every business if you don't make a plan then you never make succeed in forex trading. The main purpose of planning is to avoid failure.for long term trader maybe they not look in session but in timeframe and major trend to determine their entry
rihabrahouba741
2012-07-22, 06:46 AM
I think that It is only with time that this is achievableq. A forex currency traders which continues to learns about forex will become a consistents traders with time and experiences. Once we keep learning, we will be experts soon !!
ahsankhan
2012-07-22, 07:29 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)
you describe it very well at all but its worth more to the example of a pair often do you usually use for your trading so that some of the rules and strategies.....
Sri Hartono
2012-07-22, 08:03 AM
create a trading plan, set targets to be achieved each day, record and create scedhule, discipline. immediately exit the market if the target is met daily chart must not be opened because it's so daily targets are met will be many temptations when we look at the chart again.
didikebenaran
2012-07-22, 01:31 PM
I think that It is only with time that this is achievableq. A forex currency traders which continues to learns about forex will become a consistents traders with time and experiences. Once we keep learning, we will be experts soon !!
time it will make us be successful in this trade when we've had a lot of time in this trade then this will make us be able to better trade and we will be more leverage in this trade and in i should we do in the trade
happyrichyyy
2012-07-22, 01:46 PM
Well in my opinion, it's better to keep the same leverage always, coz for different leverage, there might would be different amount of investment as well, and different strategy maybe is also required, and different money management etc., which make you do the modification again and again, and this may not be good for your trades. However, instead you can just keep growing the investment amount, so with same leverage, but bigger amount of investment, you can still get bigger amount of profit.
munawir
2012-07-22, 02:04 PM
Well in my opinion, it's better to keep the same leverage always, coz for different leverage, there might would be different amount of investment as well, and different strategy maybe is also required, and different money management etc., which make you do the modification again and again, and this may not be good for your trades. However, instead you can just keep growing the investment amount, so with same leverage, but bigger amount of investment, you can still get bigger amount of profit.
if i wants to make trades then i firstly , read the news , further modifications in market , fore castings from different sites, major decisions taken and up and downs in trends , then iset a trade waiting a lot of time for the correct situation. in this way , most of my trades bring me profits during sleep hours.
samuelkanu
2012-07-22, 04:01 PM
For you to be consistently profitable in forex you have to have a consistently profitable strategy and know all the reasons why you lose and reduce it. If you can consistently reduce your losing trades you can then be consistently profitably in forex.
sairin
2012-07-22, 09:40 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.
True, forex is a business that can generate profit and can be run from home but in order to achieve the desired results in the need of experience and hard work because without the experience and hard work we will not get what we want
nahial
2012-07-23, 12:58 AM
Focus on trading, not just on making money.Believe it or not, one of the main reasons you are not making money consistently in the markets is because you are too focused on money.
excellent trading method that you described very clearly and easily understood. in fact since the beginning of trading that I would do, but as the time the mental shifting of trading I started to frequent change. with refreshments provided by you then I would go back to the rules of the game the right way you tell a system using only one course
The Queen
2012-07-23, 09:08 AM
there are many newbies in forex who used scalping as their strategy in forex because it will give you fast result for profits or losses because mostly beginners wanted to know if their strategies are working or not. That's why beginner traders like to use scalping method.
forexstudentforever1
2012-07-23, 11:30 AM
I think we should have a clear strategy. Then we also have to have good 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.Forex is a long time profession. No one will fire your from your job nor will push you to retire. We need to practice a lot for being successful.
Baby D
2012-07-23, 08:34 PM
For you to be consistently profitable in forex you have to have a consistently profitable strategy and know all the reasons why you lose and reduce it. If you can consistently reduce your losing trades you can then be consistently profitably in forex.
we must be consistent with the first of the early techniques in use and also its management has been prepared in accordance with the calculation of the fine.
sazzad
2012-07-23, 09:44 PM
For getting consistence profit from the Forex market trader have to keep more patience and also have to do more practice in the demo account for long time because it is the easy process to know about the market properly.
happyrichyyy
2012-07-23, 10:58 PM
Wow, I never knew that most of the traders suggest not to trade forex? But there are still more and more forex traders joining the market you know. 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, but in fact just more and more people are attracted here.
Borhan107
2012-07-24, 01:17 PM
Thats thread unknown to me. Also than you just consistantly stop loss and never get rapid take profite which trade is profite.
sharabela
2012-07-24, 05:44 PM
Like the core thing of your article. But I do not really think that you have chosen a good title. This title sounds too salesy and it does not reflect the originality of Forex market. I do not think that one can make profit consistently. But one can do trading consistently well.
Baby D
2012-07-24, 08:45 PM
Thats thread unknown to me. Also than you just consistantly stop loss and never get rapid take profite which trade is profite.
for me, it's a great trader is a trader who is always consistent with the systems and rules. because many traders who bother to make the system and they do not obey the rules but when entered in the market
sammy
2012-07-24, 08:46 PM
consistently profitable or making consistant profit in fore needs time and most importantly, discipline. if you are disciplined, you can earn you share of good fortune. if you are not, well then, its hard.
norix
2012-07-24, 09:02 PM
For getting consistence profit from the Forex market trader have to keep more patience and also have to do more practice in the demo account for long time because it is the easy process to know about the market properly.
working for yourself, in practice we should be able to analyze and construct our own way so that we can survive here, so we will be implementing something that will be achieved and we can use trading preformance
and most importantly, can get great results
mehedi315
2012-07-25, 01:26 AM
Well shared in this post I think some strategy which are disclose about trading. To follow these strategy you can make profit.
Thanks to all
Cheers ! :D
ak470
2012-07-25, 02:08 AM
Believe it or not, one of the main reasons you are not making money consistently in the markets is because you are too focused on money.
Most people come into the markets chasing freedom from their job or a quick road to riches. However, what they don’t know is that they are up against a test of mental strength and their ability to manage themselves in an arena of never-ending temptation; the Forex market.
If you want to make consistent money in the markets you will need to let go of all your fantasies of telling your boss to stick his job up his #$! or trading from an exotic beach location. You see, the more focused you are on making money really fast, the more the money will elude you. This is because focusing your mind on the money creates emotional tension, and the more emotional you are the more likely you are to commit the account-destroying mistakes of over-trading and over-leveraging.
So, if you want to increase your odds of consistently profiting in Forex, focus on mastering one Forex trading strategy at a time and forget about making a lot of money. Obviously you are in the markets to make money, but you need to understand that the more you feel a “need” to make money the more you will experience difficulty in actually making it. By effectively managing your risk on every trade you can begin to forget about the money. This means setting your risk tolerance at a dollar amount that you are TRULY OK with losing on any trade. You will not feel any pressure or emotional tension if you truly do not care if you lose the money you have at risk on a trade. If you are thinking about your trades very often or losing sleep over them, you are probably focused too much on the money and not enough on the process of trading, and this means you are probably risking too much money per trade.
antosco
2012-07-25, 04:28 AM
Believe it or not, one of the main reasons you are not making money consistently in the markets is because you are too focused on money.
I hear you @ak470 we should not focus too much on money if we want to make profit in forex trading, we should focus on loss, the cause of loss in our trading and how to minimize it. If we focus too much on money we might end up becoming greedy and make too much loss.
The Queen
2012-07-25, 09:02 AM
I f we arrived to a wrong analysis and we really believe it's the best we have come with and when the market proves you, you are wrong then it will certainly hurt your confidence because you will now have to begin doubting your own analysis...and start all over again.
Baby D
2012-07-25, 11:21 AM
Well shared in this post I think some strategy which are disclose about trading. To follow these strategy you can make profit.
Thanks to all
Cheers ! :D
each strategy are good only we are running poorly because of a lack of ability that is why we all thought even a bad strategy.
priyanthask
2012-07-25, 02:29 PM
My opinion is consistently profit is very difficult in forex trading.Even if you in expert in the trade some times there that a trade need to close with loss to avoid a big continuous loss.But considering a period of time, as a example a one month, you can make the profit.In such a profit there my include some transactions you closed with loss.
happyrichyyy
2012-07-25, 09:14 PM
Hmm, I don't track my own trades actually, and there's also some place in the platform itself to check the trades you have made in your account, I guess that can be used for tracking already? I just do each and every trade carefully, and most of the times I succeeded, but sometimes fast, sometimes slow, sometimes when I check something new, the profit came slow, so I knew that ain't something to be kept up.
consistently profitable earn krne ke liye mere khial ke mutabik to to trader ko apne emotions pr sab se pehle control hasil hona chahiye then us me loss ko bhi bardasht krne ki bhi himat honi tab hi wo earn kr paye ga.
forexctg
2012-07-30, 01:21 AM
For getting consistence profit from this market trader have to do more and more practice in the demo account for long time then the trader can start trade in the real account and day by day profit will increase according to the trader experience about this market.
It is very difficult to maintain consistency profit. For consistency profit, A trader need to become an expert. Because without expert nobody can maintain consistency.
mohamed2020
2012-07-30, 06:37 AM
forex trading is more profitable trading if we make a good trading plan , descipline, use money managment , use risk managment , we should know about concepts of forex trading and learn forex well then we will gain and make profit.
kalponick
2012-08-01, 02:16 AM
Making profit in forex is easy.. but making that profit constantly is the hardest job of all.. this is why we need to learn all we can about this market.. so that we can predict the market right in most of the time.. but even with hard work sometimes it becomes impossible to be profitable all the time.. then we need to learn about money management and risk to reward ratio to tilt the odds in our favor..
mazumder
2012-08-03, 02:14 AM
Everybody should in a track. If he fail to maintain tracking he will be out of track . But it is so difficult to maintain track from first to last of trading. Can you tell me how can i maintain track week to week, month to month?
muhammadatif
2012-08-03, 10:09 PM
According to me forex trading is too much risky business consistently profit in forex trading very difficult because loss is an important part of this business especially for new traders.
happyrichyyy
2012-08-03, 10:56 PM
That's for sure, each and everyone of us needs to learn basics of forex trading, in order to make any trade at least. I'm not that sure about the plan though, coz I personally don't have any plan, I just trade whenever there's good opportunity, and just trade for couple of pips profit, and I'm happy as long as I get profit.
prem73
2012-08-04, 11:19 AM
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..most difficult problem is to adhere with our trading system that we have. especially for beginner.
plankton
2012-08-04, 09:37 PM
your test is very great for every begginer to test him self and find mistakes,always profit is almost imposible i think, but we can get profit from accumulation trading.that trader may want to recover his loss, still trading after loss make trader to be professional
meheding
2012-08-05, 03:57 PM
Profitable trading totally depends on ur experience. A new trader can make profit but its not for all time........I mean he can win all the trades, he must lose some or many trades.
But with the all experience when he become a great trader then he can win 85% or more of his trade...............:)
sweetrevenge88
2012-08-11, 12:46 PM
The quest for consistent profitable trading method is still going on for a lot of traders. While others are busy finding the elusive holy grail in trading I am also busy developing my very own strategy to help me earn consistent profits everyday. Who knows I might be successful in the end. Only time can tell.
ishvara
2012-08-11, 11:57 PM
We can start gaining consistency in our forex trades through being patient and through being able to learn forex and all the necessary analysis to help a forex trader to succeed in their forex trades.
challenger ab
2012-08-12, 03:55 AM
We can start gaining consistency in our forex trades through being patient and through being able to learn forex and all the necessary analysis to help a forex trader to succeed in their forex trades.
we must learn really how to patient because we cannot increase our knowledge and learning without patient and we must patient to learn technical analysis to reach to good level and to give good signal in our trading because the analysis not simple or easy but need hard work to predict the direction
Joseph Andrews
2012-08-13, 12:03 AM
Simply its possible if we follow the rules and regulations perfectly. If we never commits any mistakes with rush and follow perfect analysis. Never following the instructions from the others those who are not experts. If our decisions are correct then we can get consistent profits with our investments.
abbey ak
2012-08-14, 08:22 AM
okay content well noted and i know this will surely go a very long way for all traders in the forum and i will like to ask a question can we make use of this strategy in all pair or its only use for a particular pair i really need your opinion regarding this question because i know most pair has there one strategy in other to profit with them
nasim39
2012-08-14, 11:17 AM
want some more information..you will be able to clearly see whether the forex trading strategy you are using is working for you.
akshay1728
2012-08-14, 12:01 PM
its very difficult to get the consistently profit in the forex for that you must be expert in doing the fundamental and the technical analysis ......only dealing with one will not do the trick
roopesh11
2012-08-22, 07:44 PM
For consistently profit in the forex trading we should make a daily tarding plan, which consists the program of our daily trading. If we move forward by using a trading plan then every time we get profit and also be less risky in the market.
SamMas
2012-08-22, 07:59 PM
I am pleased with your opinion and I agree that the major problem will arise if you do not have a negative impact on the stop we need concrete examples to avoid that problem
sipra
2012-08-22, 08:22 PM
trading consistently very good indeed I think, because I also had to get a good strategy, but often I change setingannya and the result being not good I finally fixed at a value fixed by the same method and the results are good
How to be consistently profitable in forex trading.
This thing require many hours of talking that how to be consistently profitable in forex trading..but i will say that proper training, a good experience, good strategies and discipline will lead you to the success..
harunmia
2012-08-22, 11:01 PM
for a consistently profitable in the forex trading, have to need follow some rules.
after all analysis , open the position when reach the some pips should to close position,
after when to be favorable time then can open position again.
hitcola
2012-08-23, 05:14 AM
constantly profit on the forex market is easy with hard conditions, that means that it is hard for many traders but for experienced traders , not it is not that hard we can do it and it will become easier an easier on the future after gaining some experience
laxman
2012-08-23, 08:20 PM
this is the hardest side to make profit with consistent than we jsut make a big profit but just for once..so we need good emotion, strategies and also see the right time the market condition to open position
akshay1728
2012-08-23, 09:52 PM
to get consistent profit in the forex you ahve to be prefct and its very diificult to get the daily and consistent profit because the market dont move always according to our analysis
maryam
2012-08-29, 10:49 AM
According to my Personal Opinion Luck factor does not exist, the deliberate menyebabkn luck = profit. Deliberate causing misfortune = Shit
but yes it cuman my opinion prbadi gan, let's say again digress...
perez
2012-08-29, 10:52 AM
"If you are Smart, Why Not Consistent Profit?" wekekeke provoking questions, if so deh ya gan world, we'd better ngurusin who goes ga ky so than we will kebawa so well, we learn ya intention've learned wrote, ... or who are able to come donk sharing sama2 let us learn ..
fendy
2012-08-29, 10:54 AM
If there is still a need to be addressed, there is still a need to be improved, there is still a need to learn, so they can produce profits consistently. Although it is possible at times experienced loss, but if accumulated in a certain period of time tetep generate profit
Loosing in Forex is not a new and unseen matter and if you know the reason for your loss try that in future u do not repeat that mistake rather try to earn profit by not doing that mistake. Actually as failure is a stepping stone for success same way loss is stepping stone for profit
Amitpaul
2012-08-29, 01:17 PM
Thank you very much to share such a helpful post. To avoid loss every trader should include professional trade stuck with their own strategy.
to make consistent profits you just have to practice consistently and to trade consistently, as a result you'll get good money consistently, provided that your strategy worked well, and as long as you can scientifically manage your money and emotions. And another thing is, you can only start real trading when you are all ready with a demo account to ensure profitable trading in real account.
mirafx05
2012-08-29, 05:32 PM
Not sure I have one...depends on the day. Sometimes just being able to have a relaxing day is payback enough when others have to be at someone else's desk. Have to ask, if you were a farmer and your harvest was a big one, how much effort would you put in to reap your crop? In FX (trading) the harvest is always there.
forex easy business nahi hai lekin agar thik se study kari jaye to forex se consistent paisa kamaya ja sakta ai
forex me jo bhi trader market ko smajh ke usse analyse karke uske fundamentals samjh ke trading karta hai, uske liye market bahut profit deta hai
ap ka knowledge or ap ka analyse ap ko is main every trade py profit dy sakta hy kio k jo market ko proper read krta or apni strategies build krta hy wo is main earn kr sakrta hy is lea forex ka knowledge bohat zrori hy
abbey ak
2012-08-29, 11:33 PM
well i think i got your point and i will also add more to your analysis that we need to try and see the best way to make use of the same strategy and indicator provided we can always understand the best way our strategies work that i think is one of the best way we can always be a Constance forex trader, try it and see
mumun
2012-08-30, 02:10 AM
I think, for good results in forex smart excessive unnecessary.
it takes a good psychological problems. with a good psychology, optimization of profit will be much more easily achieved.
fikram
2012-08-30, 09:54 AM
Forex trading is actually a lot to teach about life around me. As mas boss says, there are people who only finished primary school dropouts even have a better life than ****uate degree. Because they think with what they can and make it happen / working on the things they can.
fendy
2012-08-30, 09:57 AM
To be consistent or not in all things forex ane particular flavor is not about clever or not ... But tend towards "know and understand" or not. A president if asked nambal tire / farm ane think the outcome is not necessarily as good plumbers tire / farmer when the president's real smart ...
So even if you are a boss at a company and are new to forex, you should never feel embarrassed to learn from the bottom.
zahed11
2012-08-30, 03:56 PM
Forex currency trading business have laws that guide it, this means that if traders are able to obey the rules, see commercial success and will do well commercially. Change operations and factors affecting the relationship of knowledge. And any business decision making requires more courage.
speed2
2012-08-30, 06:50 PM
we cannot be in one strait but we change our earning according to the market and our discipline to focus but we must see our accumulation earning if it is big than loss so we do good but if we lose then we can try to improve our system or change our strategy to earn or increase our earn .profit need to be not greed and trading wisely and choose good trend all this make the trading easily and making the profit not hard
abbey ak
2012-08-30, 11:46 PM
well as for me i think the very best way to be a consistent forex trader is to have a specific strategy and always make the best use of the strategy and with that i think we can always be a consistent for trader that what i really think regarding the consistent making of profit in the forex market, best of luck as we trade
uknim
2012-09-01, 09:59 AM
Just how the squirrel fall to earth in order not to cause noise and pain and can jump again. Science squirrel is widespread and many meanings. If the squirrel will jump berpijakan strong need in order not to fall down and jump great if serahar with the wind. It was a little picture of a trader.
erwin
2012-09-01, 10:00 AM
forex is not a job paara man who has a high IQ. for success in forex is not a matter of genius or stupid to be successful. because I think forex is an art so they are able to live up to and following the rhythms of the movement maarketlah that will be a successful trader. dutamakan forex artists have the patience and discipline rather than an extraordinary cleverness
perez
2012-09-01, 10:02 AM
not necessarily because smart people can be successful from what dibisniskannya, for those who do business that requires a sense of desire that is from the heart, but the people who succeed are those who work with professional and despair in trading that was not successful meraka assess them was smart or stupid.
mike87
2012-09-01, 01:45 PM
I guess to make consistent profit you've just got to practice consistently, do the trading consistently, and consequently you're gonna earn good money consistently
sometimes for traders who are too smart to get a consistent profit is not necessarily achievable. but sometimes traders oon as we can generate consistent profits even though the amount is not too large. in forex is not only smart but also have the necessary discipline and hard work, because that success is determined by the intelligence of 10% while 90% is determined by the effort and hard work.
ki pleret
2012-09-03, 11:29 AM
The article is remarkable! Very good for a beginner in this business. I so understand the importance to apply focused, consistent, and keep the spirit.
zseconda
2012-09-04, 07:22 AM
I see that this is the hardest side to make profit with consistent than we jsut make a big profit but just for once..so we need good emotion, strategies and also see the right time the market condition to open positions !!!
annura
2012-09-04, 09:29 AM
Its rely on the merchant strategy and their data and commerce expertise that however they need to be get the profit daily however its not therefore laborious to urge the daily profit however have to be compelled to be learn the forex commerce education then trade with real account.
gsaerva
2012-09-04, 04:29 PM
I believe that to be consistent in getting a profit is by using strategies that can be used in all market conditions, and we can be disciplined in following the rules we have made in the trading system. will take time for the trader to practice their skills in getting a consistent profites...
qazaqueen
2012-09-04, 06:52 PM
For the traders If it is using a strategy used by traders who use and can generate returns consistently then you should never breaking strategies used is due to the failure of many traders often violate the rules of strategies used and strategies capable of generating profits on a consistent basis and can minimize losses trades !
rmizanur
2012-09-04, 07:01 PM
Really forex market is the largest financial market in the world. There are so many participants and competition. To bewinner, you will have to understand all aspects of the market, use a proven set of techniques to generate trading signals, and then place trades that allow your winnings to grow while quickly cutting your losses.Then you can think a consistent income.
sitiz
2012-09-04, 07:53 PM
Continuous profit in forex trading can be achieved by experience and discipline and patience and of course with the Management of the good money because without it would be difficult to achieve what we expect to be able to get continuous profit
uknim
2012-09-04, 08:06 PM
in the world of forex do not have to be smart to achieve a profit ... enough with some knowledge of who is in which knowledge in controlled prices and volumes as well as know the law of suply and demand and be able to recognize psychological conditions candlestick ...
mumun
2012-09-04, 08:08 PM
People are smart in accordance with their capacity, ..... the clever mathematics and statistics is not necessarily smart in forex, because it may be the capacity and ability of his mind to the field of mathematics and statistics only, and is not willing to work directly in the forex trading. Incidentally I was also a statistician, and also happened to know a bit about the fundamentals of the indicator. However, the trade I rarely apply the science of statistics, because I am trading that emphasizes nature scalper pair habits rather than in depth analysis
annura
2012-09-07, 03:00 AM
I think we must always have a transparent strategy. Then we have a tendency to even have to possess smart cash management. In Forex commerce, strategy and management mioney could be a necessary condition for the order to be consistent in profit. to get an acceptable strategy for every merchandiser, should fits the character of the merchandiser itself. Strategy is also appropriate for one person and profitable. however others might not match and hurt. and every one it takes a protracted time and learning.
with the right techniques and systems yan as well as discipline in trading for the regular trading always try and I think it would be consistent profit, and also always set the management of risk and Management of money, and most importantly, and continuous trading disilpin
monsterzz
2012-09-07, 07:59 AM
to be able to generate consistent profits from forex trading is not an easy thing because it takes a long time to learn and sacrifice is not small. The most important thing is we must believe that we have trading system and is confident that such systems will provide benefits to us.
harsh4u
2012-09-07, 09:43 AM
Learning from your own mistakes will make you more and more perfect with every passing movement. So it is well said by 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.?
perez
2012-09-09, 01:00 AM
smart or not depends on education, and seriousness in learning ..
a mathematician is not necessarily able to be successful in this business, the knowledge was different, not only the trading ...
and trading it can not be equated with the business or other work,,, because the science is not necessarily the same ...
maryam
2012-09-09, 01:01 AM
if my cleverness also in need, but not the only intelligence in the united also with discipline, patience, and forex science, because it just is not smart enough to make a profit if there is no support of it and also luck.
pkdoo7
2012-09-09, 07:01 AM
well forex main consistency banana bahut mehnat ka kaam hai ismain patience aur mm ke rules hi aap ko consistent bana sakte hain sath main sahi entry aur exit set up , iske bina aap agar is trade main sahi marg per nahin chalte hain to consistency nahin bana payenge .
hello.
according to my point of view , the trader must follow his
strategy fully , and have a very effective management for his capital
to get rid of any sudden risk
with best wishes
with strict MM and use logic when trading will help us in achieving success because it not only uses tarding intelligence (the ability of the brain) are not smart can succeed in doing forex business. which could pintarpun loss if not disciplined and greedy
Powered by vBulletin™ Version 4.0.8 Copyright © 2025 vBulletin Solutions, Inc. All rights reserved.