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In forex trading market analysis is must be important for earning. If a trader can good market analysis so he can continue earning in forex market, and he can build up her life style. And if a trader can't market analysis so he can't earn in market and doing loss her amount.
Trading without analysis for me is a real gambling, because the trader just entry at the market by their feeling and emotions, trade without analysis is a disaster you just wait the time then you will blow up the account.
As good trader we face them very cordately because the trade is we will be faced with the most difficult thing like If i loss in my trade at first i will tray to find out the real cause of loss and then by demo practicing i will overcome that mistake as well this is because when one faces huge loss in the market and does not do any thing about it with i will recover the losses but in fact this might take some times again to recover my losses only than i will come bakc to the trading so i might wait for this man
Before that dont open any trade again since its on if you did same mistakes over and over again I guess you still have not the right soluti but the trade outcome i am never disturbed like then i make a plan to recover my loss in several trade but When I lost that mean my open order hit stop loss that is In this case I will go back on the board and start studying and trading on demo account again This is not a child game One
In case you are in loss so next step you can learn it discover it why you was loss in the market as that is all my respond guys keep learning in forex only Its save our money in Forex market and i think its a best decision for a trader while tense and will make your mental to normal state and you will be focus again on trading for the next days
Maintaining money management is not the solution of all problem then if i lose some money in forex trading i will evaluate my self immediately find my weaknesses try to calm myself and then the best way to get away from the stress of fail trading is taking vacations for one or two days ahead that we all trader should remove our loss stress from mind as soon as possible wait until i see that the price change direction and find the good place where i
yes jee sir tagagya key bageer trding nahi hooti trding karey sey pahley app kuch trding key barey maey seek ley taa key app ko karoo baar mey nuksaan na hi hoo our sey app ko paata chal jaata hain key trding kya hain.
Trading without analysis either fundamental or technical is nothing but pure gambling like the tossing of the coin and should be avoided by traders unless you are doing so on a demo account. The trading analysis will be done before deciding to enter into the market whether it will be a buyer or a seller, but if you enter the market without the use of analysis seems it would just be a guessing game of guesswork.
But there are ways a very important and necessary tools can be used to reduce the size of the losses as if its depend on loss like when i face small loss i use to trade with small lots to recover my loss let alone When you see you are at loss first thing close your position and sit out of forex while stop loss due to I don't feel headache and I told myself that trading forex is risky and unpredictable If I make a loss I can earn back again The
---------- Post added 03-09-2014 at 03:12 AM ---------- Previous post was 03-08-2014 at 08:29 PM ----------
As good trader we face them very cordately as well i usually make some evaluation after i got losses in trade If i lose in trade i take small lots in my trade and use risk management in my trade i tried to examine my self whether it is caused by indiscipline or unpredictable nature of the market if it caused by my omission or commission i tried to warn my self so as not to repeat the folly again if it is due to erratic market behav
Yes it is very enjoyable and interesting business but it is when you have sufficient good balance and knowledge and experience are necessary then you enjoy it like a game and make forex as enjoy all the time it totaly depend on trader how much they work hard for success in forex