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we would want to make money from the market a trader has to watch the way he makes his decisions whereas making sure they follow up with their trading strategy. I know forex trading could be hard. However most times traders are the ones making it more hard for themselves. In recap learning would make traders make the good right decisions.
dear friend mara khial ha kay money management ziada important ha Forex trading main aur es kay liay deeply knowledge hona bohat zarori ha tabhee ap trade low volume main place kerien gaiy aur greed per control kerna bhee easy ho jata ha .
THAT is very vital for us, the decision will give us good or bad results, and then why traders need to analyze the market carefully, sure have got the validation first and also the skill to make approaches to the market, then think about how to protect our balance too, that is very important for traders to always use in everything, then we get the right track in the market,
I have got to know that it is mostly based on the strategy we are making use of, therefore we have to invest more time in learning therefore getting t know how the strategy works. But then we have to be experienced, therefore we should have made use of the demo account in learning. Thus having the experience of how our trading strategy works.
tradeRs need To have good background behind their decisions, good knowledge and right skill is very important to determine the goals per trades in the market, traders need to get the right validation to make sure they are on the track, so take practicing for more is good that will give us more experiences and guide us to get the right track on the market,.
It is more general to say focus on learning, what stuff the trader will have to learn is another question? if a trader is in the market for more than 5 years but still cannot make a decent profit then I guess there is not much to learn in the technical side, maybe that particular trader will have to focus more on the implementation and the psychology part, so traders must assess there own situation and find out what are the necessary things to do to improve their trading performance.
if we would want to be a wise trader, where as we are able to invest wisely and make money. Then I Advice we make use of the demo account in the learning process, where as knowing that decisions is not fixed, there could be different reason why you take that position and only experience will teach you better.
One thing I keep on watching when I am about to take a trade is to make sure that I am following my trading strategy, that is how we are to make our trading strategy. Forex trading is a risky business and we should not just take trades because we want to take the trade, there should be some reason according to our strategy which we should trade with.
good trading strategy with proper risk and reward would surely make trader a good earner in forex, the rules should be set very well every time so that trader fan follow them regularly without any hesitation and problem. I also love to follow my trading strategy, we can see a long difference between differ user's of one same trading strategy, some of them get frustrated very soon when they lose some trades, and on the other hand the good trader's always follow the same process and eventually they got the consistency in trading.
their must be a defined strategy to use in one's trading and we must follow its trading rule in a consistent basis otherwise we wont get the desired results, but over and above from a good strategy it is also important to give emphasis in having the right mental skills to be able to deal the market with discipline and consistency.