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means you have enough expert if you are using a compounding as well, you should be cautious and use good money management.. :)Quote:
i do the opposite, i never withdraw my money, i use that money to increase my account balance so i can trade with bigger margin, some master said that i did the wrong thing, but i just love doing it
of course, money management should be applied in all market conditions, probably a lot of traders and PAMM, I heard many destroyed, perhaps because of greed, all traders have the greedy, but traders who have much experience will be better able to control emotions, and not greedy, because emotions can be trained with a lot of practice in a real accountQuote:
Originally Posted by keset
accumulating the profits is a good and right thing to do especially if the equity is low. but the important thing to remember is never to deviate from your plan by trading more lots and taking more risk. newbies have a habit to take more risk once they get some profitsQuote:
Originally Posted by ketan
indeed we should not make trades when no signal ...Quote:
Originally Posted by dmambi
but you say that you do scalping and get the profit, whereas no signal ...
Do you gambling?
Yeh you may call it as Gambling, nop, but finally i made profit of some pips which is more important for me.Quote:
Originally Posted by Mr. Tukul
Bu this i did in the direction where i had protection with another open position, if done without precaution then it is a Gambling else trading.
This is the better way to collect the profit when market silence. All pairs move 10 to 15 pips when dull activity and this is the best time to go for scalping. Go on 15M chart and just watch the high and low and then apply the order at the peak of the 15M trace.Quote:
Originally Posted by dmambi
I completely agree when using the technique of scalping and we have better understanding on the movement of a pair you can grab a few pips 5-20,.Quote:
Originally Posted by 100c°
i have a target that how much profit a day, when i trade before t see the market and also see the market value. After that i decide that can i buy or not. if my analysis say that is the bes time to buy , then i can take the risk
Its a very good idea to set a daily profit limit and stop trading after achieving your target. I usually set a daily and weekly profit targets. Taking risks in forex is much much necessary as without taking risk we can not survive in this business.Quote:
Originally Posted by sejun
Today my all positions in Silver are locked with hedging to prevent further draw-down and protect it from MC.
This situation is continuing from last week and i am struggling to save my account now, i hope i will succeed in it.