Thats very good keep learning,.No one becomes a good trader without learning the basics you must improve your technical and fundamental analysis than you can also get 100-200 pips daily.Quote:
Originally Posted by arihant
Printable View
Thats very good keep learning,.No one becomes a good trader without learning the basics you must improve your technical and fundamental analysis than you can also get 100-200 pips daily.Quote:
Originally Posted by arihant
We face lots of ups and downs during our trades. Some trades will go on to make huge profits while some may lead us to huge loss. The trends seem to be different all the time, and hence we make different strategies every time we go for the trade. Some will be great and some may not.
I agree with you. It is very important for us to take care of our emotions. We always fear of losses. We lose our mind just because we lost lots of money. But we should not be doing that. Loss is the part of the business. We need to accept it and never get depressed and stressed about that.
Sometimes trading seem to be more difficult and sometime more easier. We never know what will happen. We will never know what we will experience when we will go for the trade. We just try to make sure that whatever the market trends are we need to make handsome profits. It has been long time since I have been trading and I had lots of bad days as well as good days.
kal maine eu main trade kiya tha.
but i suffered from minor loss.
the loss was not in high amount because i was just tested the EU and i hope that in future i will not try before thinking or before advising.
yeah, today market is very slow and not have much movement as compared to other days because lots bank holidays on today after Christmas celebration on yesterday. even, i had open one order on today still waiting for maturing soon.. but its not yet mature from more than 5 hours are passed.Quote:
Originally Posted by assi
that's what makes many traders were puzzled to see and analyze., trade moves erratically. Today we do not necessarily tomorrow's profit we profit again. most importantly how we set the strategy ...Quote:
Originally Posted by nikam
As I trade almost every day and go through different phases in this trade everyday.Sometimes i win and I am happy and sometimes I loose and is sad.It is a mixed feelings but I am learning this trade so I do not loose hope when I suffer losses and learn from my mistakes.
aaj ka din mere liye acha nahi tha, i hardly had any time to trade today coz of my college and so in a hurry i opened a position in eur/usd and unfortunately started to enter loss, i thought that if i wait for time might be i can get back to neutral but lost finally and feeling bad about it
correct we should also determine the daily target, if I may be a target of 5-10% have been satisfied if I do not trade anymore, then just trade again tomorrow. use targets and good management so that we do not over trade and loss.
I agree with you, do not open a large lot, although we also large capital ... because large lot with a large number of dollars as well ...
I never use the big capital and big open lot, although both minus 10 pips with small lots ... but I could not see the amount minus the dollar ...
Yeah that good to focus on plan , don't try to be extra smart it can bring losses for you. Aur ye k jb market ki movement achi ho tb he trading krni chahye kiun k aisy hum apny target ko jaldi hit kr lyty hen.Quote:
Originally Posted by assi
maie napni galtiyo se bahut kuch seekha hai..maine na sirf real account ek looses se balki jo loss mujeh demo account me dikhta tha me usko bhi ache se analyse karke tarding karta tha..forex me loss se seekhna bahut zaruri hota hai kyunki itna aapko profit se seekhne ko nahi milega jitna loss se seekhne ko milegaQuote:
Originally Posted by nirale
i have again repeated my mistake and i got margincall again.the only reason for this is opening a number of positions to trade and even also by opening big lotsizes i have lost so many trades
I do trade on gold only because gold is a very good commodity for trade gold gives more profit and more loss quickly therefore currency trading is very slow and boring so if you have power then you can earn from gold.
Hi forexman,Quote:
Originally Posted by forexman
It is a hard way to end the year in such a fashion. I have come across a situation like that a couple of times. I know the soothing words from the mouth can not pacify you. Learn from your mistakes and hope to find the momentum again the coming year. Let this be the best lesson learnt to face the year ahead.
Happy Trading:peace:
Quote:
Originally Posted by forexman
forexman, the idea behind forex trading is not how many trades you can open a day, but how much profits you can make from your trades. It is better if you chose a particular pair and then open one trade on it and see how it goes. Use a stop loss and take profit order. Better, do not be greedy to use big lot sizes if you are not yet an expert in taking short term trades.
this is where all we have to plan and we can open both large and small sizes and it all depends on our capital and this is where capital makes the difference and we can increase our power with increasing the capital and most traders are power ful because of having big capital so more capital you have then you can control risk wellQuote:
Originally Posted by shinde
The days when i do study well and see the opportunity usually i make some good profits, but those days when i simply enter trades to trade often result in losses. One more thing whenever i hurried that this is the only opporutniy i am getting usually i get another better opportunity after some time but dont have capital to take advantage of that opportunity by that time. Better wait for the right opportunity instead of hurrying.
Yogesh,Quote:
Originally Posted by yogesh
That is the one of the laws of the forex market which it always obeys. We all want to take up a position considering to catch the train early but end up in a loss. Forex market provides us a lots of opportunities the given day. All we need to do is to be patience and sticking to the plan. "plan the trade,trade the plan"
yes i think you are absolutely correct because if there is not sufficient balance in our account its not correct to use hig lots means volume which within very few time destroy our account and always we need to use thats lots which good for our account balance .Quote:
Originally Posted by s19
ain to roz he trade karta houn or koi na koi nai bat seekhta houn rozana or kal main ne ye seekha tha k 2 trade ek jesi open nahi karni chiye yeni k dono buy ya dono sell nahi karni chiye ek account par or main ne kal es se kafi nuqsan uthaya ha
You have seen the movement of the pair for the last two day it is totally bearish nothing more than that. we have not seen any type of recovery. what is the main thing you have to remember from this is that you have to just follow the trend so that you will get good profits.
Silver is a base metals. As you know the world is worry about the debt problems of the europe. Thats why the prices of the base metals is decreasing and also there is selling pressure. So it is better to avoid any moves in silver for this time.
Guys,
Investing in silver is a very good investment for long term. The appreciation value of silver is huge when compared to other metals. The best part is the requirements for silver is very high in industries such as electronics, automobile and what not. Every year 8 times of silver is mined when compared to Gold, but a part of the mined silver is becoming a trash in used simcard, harddisk and all electronic parts. hence the value of silver is increasing exponentially.
Silver aur Gold me long term investment karna bahut zada safe mana jata hai kyunki ye dono commodities aisi hai jinka trend hamehsa upar ki taraf hi rehta aiQuote:
Originally Posted by forexprophet
bade bade traders ne gold aur silver ko bahut ache rate pe buy karke rakha hua hai aur wo log bahut hi long term trading karet hai aur gold aur silver long term buying me hamesha fayda hi dete hai
maine bhi fridy ko gold me trading kark acha paisa kamaya tha lekin fir 2 din market band raha aur shyd mondy ko bhi band hi rahega kyunki kayi countries me bank holiday hai to mujhe lagta hai ki mondya ko bhi market me koi movement nahi rahegi..ab to tuesday ko hi tarding start hogiQuote:
Originally Posted by featurelion
It is not the reason of December, it is only the reason of Euro zone's relatively poor economic outlook and may be it will go down more against the USD. Bearish trend may be expected continue in this current week.Quote:
Originally Posted by rohi
euro zone ko leke aaj kal bahut hi halchal chal rahi hai market pe aur iska asar har jagah dekha ja sakta haiQuote:
Originally Posted by shah.zoor
last kuch dino se thdoa sambhalta sa laga hai lekin abhi long term improvement ko leke kuch bhi nahi kaha ja sakta kyunki sath me US ka market bhi kafi musibat me lag raha hai
I think you should check the silver daily charts you can see the silver dropping almost 1000pips within a span of few days. In the beginning i too believed the same but when i experienced such moves then i realized that it is also a tough pair to make profit.Quote:
Originally Posted by amruthdada
oh nice week for me in do dino me 114 pips ka profit mila muje its awsome.first time mila muje itna profit.i wish hamesha aisa pofit melta rahe
i like naked trading but i learnt through my experience candlestick is better than naked trading it is my personal opinion but naked trading is easily understandable
silver ka price europe crisis ki wajah seb ahut zada volatile chal raha haiQuote:
Originally Posted by amruthdada
lekin last kuch dino se silver thoda neeche aaya tha lekin mujhe lagta hai ki ab fir silver strong hoke upar ki taraf jayega..long term wale traders ko silver ki buing karni chahaiye
Guyks, Mark my words, this is the best time for any trader to accumulate silver as huge as we can. This metal has a huge appreciation value in the coming years since the requirement for this metal is high. If you find it very risky you can hedge your positions and cut losses at the support and resistance points and grab some potential profits.
Opening lerge lot is not smart things unless we have good command in forex trading . So before opening any kind of positions i prefer to think about money management . Make sure we have good MM.Quote:
Originally Posted by chintan
would not the price of silver that can not shake the country's finances. I see from across the global in pairs. where the pressure from the Turkish state is experiencing too much debt as the economy plummeted. that cause an impact for European countries as well as EnglishQuote:
Originally Posted by amruthdada
I lost my all last month's bonus. Becouse I trade all my bonus with luck and without any knowledge about it. From that first thing I learnt that trade with strategies.
maybe we surrender with the situation, but in my opinion is not good for us, altough we get floating minus in our transaction we can do the other strategy to keep our account. maybe we can do hedging or other stratgey that suits with usQuote:
Originally Posted by bestlooser
very unfortunate that you get the bonus should go away ... when you do not get it easily ...Quote:
Originally Posted by Ammie
but hopefully it can be a lesson that mean for you, so you will not repeat it again on the next trade ...
lack of patience and experience is a big problem in forex trading.but we are not to be bothered by these problems at all.i say this because it is a problem that we can handle.just keep watching everything about how the market movements in your favorite currency pairs and do several analysis.