You are right my brother, to understand the forex market, you need to do a good market analysis and technical analysis and fundamental, and make a tracing pattern, and do not forget to see the economic news.
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I use bare trading strategy was primarily concerned with candlestick to know more about how the market psychology is playing and I think this is very good to make a deal.
my net was off for two days so i could not work on mt4 platform but when I logged in today I had 17 or so profit to withdraw so it was really great to have one more withdrawal in forex so I am happy that positive trend continue for me.
My daily trading experience is a calculated attemt each day to get or achieve a desired result, and it works right for me at the end of the day. Be consistent.
main dheere dheere trade karne main viswas rakhta hoon , jyada ke chakkar main loss bhi bade hote jate hain ,
mera 30 pip daily ka target rahta hai aur isse jyada ka risk main nahin leta .
A good and intelligent trader gain knowledge of every step in forex trading. When he loss some money or achieved some reasonable amount as profit, he learn more day by day.
once i made a mistake to trade standard lots of value $10 per lot from a very little capital, out of greed, and i though the market is in small range so i can manage to scalp bigger lots and i made profits for 2-3 trades continuously but after that i made a loosing trade and my internet connection didn't allow me to close it immediately and that trade ate up all the profit and a good balance also, since than i never practised this again as apart from the capital and your strategy many other factors can make your trading worse, like in my case it was internet connection and my greed
Yesterday i lost my all money for my greed.I made 50$ with my 15$ capital than i continue my trade and
lost 50$ this my tragic experience.Grasp all loss all.
I almost trade daily in forex. Every day this trading teaches me new and new things. I come across different situations and these conditions teaches me to develop new strategies and plans.
I can not share my trading experience.because i am loser person in forex.
I lost my all my by trading in forex.
a good trader is the one who decides to take out the profit on the regular basis from the trades that he makes. it has to be in green. may be he closes the trade in the negative but there must not be red trades
Yap,i have achieve lot of experience from here.On Wednesday i earn 15$ with my 125$ capital.
Day by day my experience has increased.and i earned 2-5% daily.
Well my daily trading experience had been good so far and I hope that it will continue to be good in future also. Sometimes I face loss also but I never feel brought down by it.
well in my experience there are good and bad days mixed. some days are very good so all your trades are profitable and u are very satisfied. some days are mixed u earn some and u loose some and some days are downright bad nothing goes your way. but i dont see any pattern to it and it seems just to happen at the particular time. but all in all i've had more good days than mixed and bad ones
Sometimes,I take some bad decision.But,I am not disappointed for that.I know,to err is human.I try to learn through mistakes.Sometimes,I lost some money but it gives me experience.I am happy with forex trading.
i been trapped today several time ..i tried to catch the EURUSD trend when it is the lowest of last several months ..but i that time it suddenly going a swing ..i been trapped 3 time the same position today ...i heard about news that EUR zone in crisis again for Greece problem .but we can't see the real impact still
If you experience loss in the first beginning of the speculative market, it will be difficult to build confidence again, and lack the courage to accept the loss of the market and can act in a crazy against you and your loss can be compensated to him and may not affect your results in the overall monthly
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.
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.
loss is part of the business and part of our experience in forex. forex is high gain and high risk, so reasonable if we are getting loss, but should not always getting loss.
when we getting loss to much, we must learn from that and find the problem. dont repeat the mistake in the next future, this happen if you are not learn from your loss.
mera sabse poor performance tab hota hai jab support level per sell aur resistance level per buy order open kar loss pata hoon ,iysa kai baar trend ko na samjh pane aur pair range ko na jaan pane ke karan hua .
a losses be make a good lesson to us. so when we are getting loss we must learn from that and try to not make a mistake that happen we get loss.
i think many trader feel dont know when they make a mistake and not realize for it so they always repeat the same mistakes. and this is a poor condition
yes, i have an experience that a system or trading strategy can do well in some month, but in some month latter the startegy is not work well.
so this is the difficult thing beyond our thinking. this thing make forex is very difficult to do and only some trader can success in this business, hopefully i including in that.
yeah i agree with you, so we must wait the next opportunites..
when a trader get loss they should be stop to trade for a few times. if me, i just break about one day and different if i getting margin call, i will don to trade about 1 month.
mai apne friends ko kuch batana chata hun...ke mai daily trades karta hun demo mai kyu ke is sy mera experience hota hain mai daily news aur strategies bhi dekhta hun aur ke mutabik trade karta hun aur daily based mai kuch na kuch profilt earning karta hun...Forex market mai
of course friend, we get more learning when we getting loss if we be able learn from past mistakes. we think a mistake is a lesson
but many traders avoid to learning so they still always make same mistakes and its really bad to traders. i advice many trader to making re-analyze or evaluations in trading journal
a losses be make a good lesson to us. so when we are getting loss we must learn from that and try to not make a mistake that happen we get loss.
i think many trader feel dont know when they make a mistake and not realize for it so they always repeat the same mistakes. and this is a poor condition
yeah, loss is part of the business and part of our experience in forex. forex is high gain and high risk, so reasonable if we are getting loss, but should not always getting loss.
when we getting loss to much, we must learn from that and find the problem. dont repeat the mistake in the next future, this happen if you are not learn from your loss.
I have also been noting the daily experience of my trades and I have made some great progress after I started the utilization of the elliot waves. Before that I used to have only a single good day throughout the whole week.
loss is an element of the trader and a part of our expertise in forex trading. Thus cheap if we tend to have gotten loss, however mustn't continually obtaining loss. once we obtaining loss to abundant, we tend to should learn from that and realize the matter. dont repeat the error within the next future.
Loss is an element of the trader and a part of our expertise in forex trading. Thus cheap if we tend to have gotten loss, however mustn't continually obtaining loss. once we obtaining loss to abundant, we tend to should learn from that and realize the matter don't repeat the error within the next future.
I learned a lot from my experience, although I had to trade on demo account. Each closing a position, I get something new experiences, and of new experiences that I could study the effects of the reason I opened a position.
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.
My daily trading experience is not limited to just earning the money at the forex... many times are there when i just start analyzing the market and i don't trade at all... and when i am sure about the market movement then i invest my money only and i take the profit as soon as i think the market is going to start going in the opposite direction.
mera target stop losss k hisaab sey hota hey ager stop loss 20 pips ka ho to kem az kem 20 pipss mera pehla target profit hota hey, aur mein 10-20% risk leta ho apni her trade per, kabhi din mein mujhey 3-4 bhi mil jaty hien aur kabhi 1 bhi nehi milti lekin jab milti hey to esay hi trading kerta hun
Trading seem to be more difficult sometimes and sometime more easier. We never know what will happen. We will never know what we will experience when we will go for the trade. We just try to make sure that whatever the market trends are we need to make handsome profits. It has been long time since I have been trading and I had lots of bad days as well as good days.
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.