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Bhai aap sahi kah rahe hain forex me prediction galat hoti hai par aisa nahi ki kuch pip ke sath hi kmaya ja sakta hai aur baki loss hota hai ye galat hai forex me agar market ke news ka dhyan rakha jaye to bahut earn ki jaa sakti hai.
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Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, pre
---------- Post added at 09:48 PM ---------- Previous post was at 09:47 PM ----------
Yes i agree with u , for beginner i advise to avoid opening many orders so as to focus only on your trade and never disperse yourself by many trades , this will be helpful and may limit more losses for you at start of your
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For me, I relied on a strategy based on the louse indicant Bollinger and is one of the uncomparable indicators psychological and I believe easy when I opened him because he deals statesman believable indicators
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"7. Letting losing positions ride too long.
Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed"
You have rightly pointed out a very good point and which newbies frequently commit. earlier I used to wait for the losing trade to reverse and make profits but in most of the occasions, i lose big. so its better to set stop loss in every trade we make to minimize of losses
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Forex as already grow and is known every part of the world, but most people still did not known is existence, so i want to ask if Forex will grow more for every one in the world to no about it, because is a profitable business, and if one person in a house do it, and he/she get successful he/she will introduce it to the family and from their family introduce it to their friends, do you think that every one in the world will no Forex and join the market to trade too, or is only for some few people to know
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because without even understanding the trading market properly these traders can never really manage any profits at all in their trades.So all the traders need to try and understand the market properly first.
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I presume foreign exchange trading is very important and additionally productive home business for latest country. I presume foreign exchange trading could be very sharp home business just where you can easlily purposefully succeed and additionally attain lot of cash around short time.
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The forex is always very risky business,i think that should be one thing that we all must have in mind and so we will be trading in the business with more care. Then again we must know that the business needs so much preparations
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mistake to mistake hote ha chaya wo newbie mistake karna ya ap beginners mistake kanrana mistake hote ha
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I think that with frequent practice experience you will learn how to control the emotion and how to manage capital and become a successful financial manager. Emotions is one of the most important Forex are continually trying to keep buying and selling at the moment, then my subscription profit stop loss, feelings and close your account and try not to forget about other things, I think that is the best way to manage your emotions
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Mistakes to avoid for beginners / Opening too many positions
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.