this is one of the most serious example com across though it's related with stock trading in the news markets wizards by jack Swager noted money manager Monroe Trout describes in his own words how much he lost
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this is one of the most serious example com across though it's related with stock trading in the news markets wizards by jack Swager noted money manager Monroe Trout describes in his own words how much he lost
most of the traders eagerly awaits for these news announcements, sometimes the expectation of a major economic news announcements even give a great impact to the market before the actual announcements.
I think so the best side of trading site is foreign exchange factory new site this is hopeful & beneficial site for every foreign exchange trader.
The right timing of entering the market is very important for making money. For successful making money we need to choose right time to enter market and also exit with the targeted profit without getting greedy and wanting more from the same position. Many people do mistake in exitQuote:
Originally Posted by Dimas
For me,the timing is not about the money.The timing is about the risk and reward calculation.Example if we enter the market too early,we will surely must hold a huge negative floating.This situation can be harmful for our margin capital.Quote:
Originally Posted by Dimas
News play an important role in forex trading because expert trader makes analysis of the news.news is best information tools to help to know country economically condations.
Well of course that I agree with you. I think news are so much important specially in forex trading business because these news are immediately effect on forex market you can become a successful trader if you able to understand and analysis news properly you can earn profit in every trade almost. . Best luck!
salam yar.I'm still trying to take advantage of news in the trade but still not proficient and frequent loss.ok
In anything that you do, experience of it gives you a very big advantage because you have come across so many things and this is what helps you to know how to do it and also develop a very good plan for it. Forex needs a lot of experience to succeed in it.Quote:
Originally Posted by Dimas
In my oppinion, forex is best for earning.One major thing in the Forex market that operators need to learn fundamental analysis and in this way operators can make very large profits. Any trader serious and should have basic knowledge of Forex and their impact on the market to see what he does in this area and not be ignorant.news affects the market, and could lead to a trend on the currency pair. .Green pips and happy trading, guy.