My daily trading experience.

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Originally Posted by dmambi

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.

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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.

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Originally Posted by speedy

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.

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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. :peace:

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Originally Posted by miracle

i will wait for the right moment before entry market. and if there is no good chance to trade than i am not trade.

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I also trade in this fashion, don't get frustration is what I learn everyday and wait for the right time to trade. The market is there and its not going every where. If we remain patient and wait we may save or account from a bad entry and then trade the next day when a good chance comes.

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Originally Posted by preetksgill

Do not open big lots. Because the main reason of losing our bonus money is that we open bigger lots and when market moves opposite than we lose big money and get margin call. trading carefully we can achieve to reach big goals

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of course friend. i think using the lot is relatively. we must adjust our lot with the capital and our equity, and we must remember to set a target on every trade so that we always use a appropriate of lot.

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.

Mera trading kal utana accha nahi tha, infact i have not opened any new orders in the market as this is a festival day, I wish all traders int he portal "HAPPY DASERA " Festival.

I already know the forex about 1 year and I continue to learn to be trading better, especially I always learn from past mistakes.. :)

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Originally Posted by preetksgill

Do not open big lots. Because the main reason of losing our bonus money is that we open bigger lots and when market moves opposite than we lose big money and get margin call.

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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 ...

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Originally Posted by preetksgill

Do not open big lots. Because the main reason of losing our bonus money is that we open bigger lots and when market moves opposite than we lose big money and get margin call.

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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.

aaj mera trading utna accha nehi tha. aaj itna kaam tha ki order place nehi kar paya yaha tak ki humare forum pe mere daily signal bhi nehi de paya. aaj maine sirf forex ke bare me ******** pe padai ki aur humare forum pe discutttion kar raha hoon. aur ha thoda bahut market ko bhi watch ki he. kal ke liye dekhte he.