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Yesterday I did not take any trades. I missed the EUR/USD move which I wanted to trade from 1.3100 to 1.3200. If I had taken the trade I would have made up to 100 points. I hope to take better trades next week. I am wondering what the trend will be like with the NFP coming out at the end of the week and the Private payroll data ADP NFP coming out on Wednesday. I hope to trade the ADP NFP and make good profits from that news event.
Today I am trading in a contest with gold and I bought Gold at 1685.00 and take profit at 1711 with 7 lots and I took $11,000 profits. The reason for my profit was that the FOMC rate and meeting gave dovish sentiment and lead to the weakness of the dollar. Because of the dollar correlation with gold, gold went very high. Also in my live trading I bought Eur/Usd at 1.3100 and took profit at 1.3158, making 58 **** profit.
well daily experience would be effective will when you will write down your performance on daily basis and see how you trade and what was the result? and what were mistakes and how you can improve further. so if you will do this daily then you will surely get better and better.Quote:
Originally Posted by herono1
events I had just experienced a dilemma. I intend to wd my profit from the bonus account for $ 10 tonight. but, because i wanted to get a bigger profit, so I did not make a withdrawal. I open the position again, and was now floating minus $ 10 ... huhh ..
AAj mai ne gold ki buying kari jis wajah se meri kafi deals abhi loss me chal rahi hai kyunki aaj gold kafi zada tuuta hai
lekin mere rates kafi ache hai to mujhe lagta hai ki me 1-2 din me profit me chala jaunga
my most important learning in this past few days is, first decide are the market trending or sideways, so use trending strategy only on trending market, and sideways strategy on sideways marketQuote:
Originally Posted by s19
sound so simple, and basic
yeah, i'm just a beginner, and that basic is the reason of my profits lately, analysis the market current condition is the first thing to do before applying any strategy
maybe 2 weeks i try hedging strategy,, but it not work properly,, i've got big ballance but a little equity,, hmmm,, i think i cant do this strategy,, because we have to let the open position so long,,,
I'm a beginner but I'm unable to find out trading entries for for everyday. I use pivot analysis and some indicators based MA strategies. But both do not support me for daily trading. But I prefer to stay away rather than getting struck into a wrong position.Quote:
Originally Posted by Grandhis
some how you may see different conditions of markets and this is where some time it can be better to trade daily some time it can be dangerous just work on your plan and try to survive in all kind of situations and be stronger as trader.,Quote:
Originally Posted by Grandhis
Jin din mujhey trade ke jis pair pe trade karne pe profitable lagta hay us din may usi pair pe trade karta hoon.May USDCHF,AUDJPY,JBPJPY pe jiyada trade karta hoon.Agar koidin mujey aurkoi pair pe trade kaar na dil chahta hay to us pe hi kaarta hoon.May pips ka istemal bhi samajh ke karta hoon.
yes I think be waiting is boring, if the business closed as originally planned is very important. it may be a loss position or benefit, but do what we originally plan is very important to achieve our goal at the end.
Today in EURUSD my orders not getting me any profit as the pair is moving sideways between 1.3015 to 1.3070, actually i thought it will further down according to my analysis but it is not. And my other orders in silver also not making any profit for me.
does the market really change by changing the time of the worlds markets because i see that there is a big different between the time market movement in the same time mean today slow down market in usa market and tomorrow different movement.Quote:
Originally Posted by goumran
Every day teach me in Forex as a business person or professional business man every day i got experience as well as profit some time i get loss but i got experience so i am in profit i learn every dAY new way how trade i cant explain here all.
in doing treding I often experience a loss and also often have the advantage, in my experience that I will never forget is when the OP on the GBPUSD pair analysis at which time I gave the signal to sell GBPUSD but I waited until 3 am in the hope prices will fall, and because I was so sleepy I finally floatingan stay asleep but the morning was a gloomy morning in my acc balance left only $ 0.25 ..
well it was normal day today I got 1% profit today as I had 3$ profit today as I bought Eurusd and my overall investment is 300 dollars so I am really happy to get 1$ in day and I think I am satisfied and want to improve further.
i think pairs isnt problems,the problems is are we know about that characteristic or not,we can trade other if we are knowQuote:
Originally Posted by enter
and we can increase chance to get profit using our knowledge and experience
l m learning new things every day.but l think the main problem with us is.we dont give a chance to the new things and we are repeating the same mistakes.according to one article l have read it was telling that,there are hundreds of systems can work very well and you can make money with them.and most of them are very simple but most of the traders are just keeping on searching a holy grail rather than being realistic.
forex me loss har traer ko hota hai..kayi trader loss se seekhte hai jabki kayi traders ignore kar dete hai
loss se seekhen wale traders ko forex me bahut fayda hota hai kyunki loss ki hui deals aapke future ke liye bahut achi hoti hai kyunki aapko un deals se pata chalta hai ki forex me kitn baaton pe dhyan dena chahiye aur kya galtiya ignore karni chahaiye
Yes many think is happen when you start you trading. Some time you make wrong trade and you get profit it is very good time to spend. But some time you face loss in your trade it is very painful. Some time it make you determine to stack to you rules. I think it is very important to stick to the rules.
yes i agree with u forex mein har baar loss aur profit kabhi ek sure nahi rahta hai agar aap loss hai to achchi mehnat ke baad kal loss se jayda achcha profit hoga aur hume apni galtiyo par deyaan dena chahiye har loss mein ek galti hoti hai
mera trading experience to accha hai lekin daily format k hisab se bohoot he bura hai.lekin main dekha hai kuch log,or bohoot log hai jo 150% success rate hai and daily profit kar raha hai.
indeed we must be disciplined in following the trade management strategy and we have made. but we also have to make a second plan to anticipate if our first plan failed. forexample we close the position if we believe that the predictions are wrong and the trend will continue...Quote:
Originally Posted by manisha
han forex trading aesa business ha jis main ham roz koi na koi experince hasil kartey hane ajj main ne forex tradin g se ye seekha ha k ager app k indecation app ko profit ka keh rahey haen to thurra saber kar k dekh lo phr trade close karnaQuote:
Originally Posted by s19
today i made a very stupide decision of trading with gold and i do not have any experience in gold or any knowledge about it i just thought of trying it because many trader say that it is very profitable and i lost 30$ and i am still losing to that moment and although i lost and i am very angry with myself i am glade that happend becauae that way i will never trade with any thing i do not have any knowledge about
Today I lost 20$. :(. I can not even think how can I even make a mistake like this I opened a trade on the prevailing trend direction but I did not see the current trend in the 4h chart. And I lost my 20 valuable dollars.
hnn hamroz forex trading main koi na koi experince hasil zaror kartey hane es liye main ne ajj ye seekha ha k app profit wali trade close foran nahi karni chiye kioun k app ful analysis kar k he trade close karo ager mazeed profit k signals mil rahey hane to un ko avail karoQuote:
Originally Posted by s19
aaj maien gold se acha paisa kamaya..maine gold ki buying kari hui thi aur aaj 2 deals me total 60$ kamaye
mujhe lagta hai ki next week se gold fir se upar jana shuru ho jayega aur iski buying ka kafi acha time chal raha hai
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 .
Its really heard to hear that you have good profit previous day . anyway before i also made very good pips within 3 or 4 week and i also withdraw all my profit after it make but sometime its happen to me that after few week good trading and continue withdraw my profit suddenly i lost some of money and i tried to recover soon and atlast i lost many . so i think its always better to keep some of profit to our account because if there is loss then not psychological affect.
I also dont trade in stock and for this i dont have any experience but trading in forex from many days . Actually i think although there is opportunity in stock but i think its need good amount as a initial amount but in forex we can start with very low and i think its another advantage of forex.
My daily trading experience. Yes. we may everyday will always gain experience in trading. My daily merchant and I should be able to understand the market prices every day. by understanding the market price will be even easier for me in the trade and might allow me to make a profit. every day I get to experience in my trade, and from experience I know if I run into errors.
Right many traders loss their money or trading account because of their greed as they wants to make more and more profits in short period of time and this makes him loser one day.
I give you some help just learn money management first.Never lose more than 5% of each trade you made and when you reach 5% loss then its better to close trade.We can not predict price movements.
Right traders cannot predict about future movements that where price will move but they can removes odds by analyzing charts so better know analysis then trade real.
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.
Yes same thing happen with me most of the times but i am not able to control my emotion and place the trade with high volume. It is always better to trade with small volume so that you can average the trade after some time due to available of balance.
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.
Each and every day is not profitful for me. someday i get profit which i have not expected while someday i get loss. First thing is that for forex trade we need a big capital, low leverage, small lot, well known streategy. I am lacking 1st one so i am not able to use last three.
europe ki debt problem aur crisis ki wajah se sare pairs aur commodities pe asar pada haiQuote:
Originally Posted by jai
silver aur gold pe bhi kafi zada asar pada hai lekin mujhe lagta hai ye pairs abhi bhi l;ong term ke liye buy kiye ja sakte hai