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For me what i do is a style known as scalping which is used many other trader is easy and you don't have to waste time waiting for the order to close you just cut just if its in the profit part trading like that you just have to wait for that trading day to end so that you can know what profit you have made
Mybe that we can make big profit from the singles days as the volatility of the forex markets is too high. but if you try to do that then you may suffered from the lossing. so better is to trade with a lowest risky so that you will not lose and get the profit slowly really !!
I find that it depend on yours ability . If you have a great knowledges about the trading business and have a great trading plans you can earn a good money in per day from your trading business of the forex !
I wanna to say as a beginner you have to learn something not move toward earning learned some thing by pointing out yours mistakes all the time don't think about the earning think about your studies and learning, if you get better studies you will automatically move toward proper earning really !!
yeah,,,,depend the money you have invested and the lot size you need to open,whatsoever advised not to being so greedy and try to earn average income 10USD per day. But dont forget there are traders who can earn 200USD per day.that's the nature of the forex trading.
yeah right, it all depends on the capital you use to trade. which is important in my opinion, do not use a lot that are too big in the trade, as it will also increase the risk in the trade. always better to use good money management in every trade. because it would be a safer way to trade, and good money management will help us to survive in this forex business well.
in forex, every day there will be trillions of money floating in the air, and therefore, we as a trader should be able to make a little money into our pockets, and we must not let our money come flying with money
in forex there is no limit to earn money in a day. but the amount of money you earn very influenced by the amount of capital you have and the psychology that you have, because you can just have a lot of money but because of fear of losing you instead of trading with a small risk, so you will only earn a little money. but if you dare to trade with a substantial risk you will earn big money anyway
This depends on the capital that every trader has. We must focus in the pips we earn. Do not focus on the money. It will cause stress if we focus on the money.Quote:
Originally Posted by forexpips
Remember the saying: Cut the loss and let the profit run. This is a good saying to apply and succeed in this market.
it depend on your capitalQuote:
Originally Posted by forexpips
usually we can take 3-10% profit for a day
or take 50-150% profit on a month, dont be greedy, take it little by little but stabil
if you force to get big profit on a day it may cause losses more bigger than you plan
good luck