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You can not realize the possibility of an ideal foreign exchange strategy in such a business venture.Quote:
Originally Posted by barcul
all found behavior is basically a very positive build which is too one of the best around understanding
the system that he is and that I will definitely be trading stocks by exploiting.
best regardhttps://indian-forex.com/images/smilies/burglar.gif
I think if my current strategy continues to be profitable, why should we change with another strategy or try another.Quote:
Originally Posted by bronz
Every strategy has its own advantages and disadvantages, so keep updating our strategies and profits will come up consistently
CMIIW https://indian-forex.com/images/smilies/accute.gif
6. Don’t be afraid to push the “order” button.
Novice day traders often face “paralysis by analysis” because they get wrapped up in watching the candles and the Level 2 columns on their screen and can’t act quickly when opportunity presents itself. If you’re disciplined and work your plan, actually placing the order should be automatic. If you’re wrong, your stops will get you out without major damage.
7. Only day trade with money you can afford to lose.
Successful traders have a “little bucket” of risk capital and a “big bucket” of money they’re saving for retirement or another long-term goal. Big bucket money tends to be invested more conservatively and in longer-duration positions. It’s not absolutely forbidden to use this money occasionally for a day trade, but the odds should be very high in your favor.
8. Never risk too much capital on one trade.
Set a percentage of your total day trading budget (which might be anywhere from 2% to 10%, depending on how much money you have) and don’t allow the size of your position to exceed it. Otherwise, you may miss out on an even better opportunity in the market.
9. Don’t limit day trading to stocks.
Forex, futures and options are three asset classes that display volatility and liquidity just like stocks, making them ideal for day trading. And often one of them will present appealing opportunities on a day when the stock market is going nowhere.
10. Don’t second-guess yourself, but do learn from experience.
Every day trader has losses, so don’t kick yourself when the occasional trade doesn’t go your way. Do, however, confirm that you followed your established day trading rules and didn’t get in or out at the wrong time.
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The biggest challenge in trading is in the fact that no one knows for sure whether the order is profitable or not. But everyone is able to increase the probability of determining of the market motion, examining different indicators and listening to the forecasts of the leading traders.
What Is the Forecast?
It is the probabilistic assessment i.e. it can either be true or not. Forecast has some probability to be correct or false. To create more reliable forecasts (i.e. the ones that have higher probability to happen), you have to base on some reliable suggestions. Usually, these hypotheses become the basic of the trading strategy on Forex.
In my view, keep trading simple, Don't do over complicating trading because as a trader simple trading strategy is more effective. keep your chart clean.
bai ap k laya sab sa achee baat ya ha k ap sab sa pahla strategy ko achee tarah samjo or phir us par achee tarah kaam kro so.God help you.
je agar ap stoplose ko follow karta ha tu ap ko lose kam hoga ku ka zaroore ha stop lose lgana je humara hudaf hota ha waha stop lose aker stop ho jata ha or hum aga profil ma chala jata ha agar hum stop lose nhi lagata ha tu hum zayda lose ho jta ha or hum khud zamyawar hota ha apna lose krna ma
In order to succeed in the forex market, you must recognize the market, and to recognize the market,Quote:
Originally Posted by sakaroni
you must first know and recognize yourself. To gain self-awareness, you must ensure that
capital allocation and risk tolerance to forex and trading are not excessive or inadequate.
It just implies that you should carefully study and analyze your own financial goals in involving forex trading.
regardhttps://indian-forex.com/images/smilies/flower.gif
i think the best strategy is the stratgey od yours that you made a practiced on it for long time and trust it
Focus on a single currency pair, expand as you better your skills.
The world of currency trading is deep and complicated, due to the chaotic nature of the markets, and the diverse characters and purposes of market participants. It is hard to master all the different kinds of financial activity that goes on in this world, so it is a great idea to restrict our trading activity to a currency pair which we understand, and with which we are familiar. Beginning with the trading of the currency of your nation can be a great idea. If that’s not your choice, sticking to the most liquid, and widely traded pairs can also be an excellent practice for both the beginner and the advanced traders.
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Do what you understand.
Simple as it is, failure to abide by this principle has been the doom of countless traders. In general, if you’re unsure that you know what you’re doing, and that you can defend your opinion with strength and vigor against critics that you value and trust, do not trade. Do not trade on the basis of hearsay or rumors. And do not act unless you’re confident that you understand both the positive consequences, and the adverse results that may result from opening a position.
The USDJPY currency pair yesterday reached the light HFT selling pressure zone that was noted at 111.58 and above. Bullish attempts were quickly and
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Light HFT selling pressure noted at 111.76 and above. Medium HFT selling pressure noted at 112.469 and above. Strong HFT selling pressure can be seen today at 113.178 and above.
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Light HFT buying pressure noted at 111.05 and below. Medium HFT buying pressure noted at 110.341 and below. Strong HFT buying pressure can be seen today at 109.632 and below.
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KINGSTON, Jamaica — The US dollar on Tuesday, November 28, ended trading at J$126.30 down by one cent according to the Bank of Jamaica's daily foreign exchange trading summary.
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The day started out as any normal day in the markets, with a handful of economic data to keep track on and an ear to the ground kept for Fed speakers or political developments while on watch