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i use my own analysis system..becase its important to us to believe in our own skills,although we loss in a trading,our skill will improves in better quality..because if we got loss by our mistakes,we will evaluate theat mistakes,snd then wie able to fix it and do the better trading in the day!!goodluck!
yes you right i agree with you. mien ap ko aik bat bolna cheo ga i am also newbie tu mien ap ko apna trading k barien bata ho. mien akser other people consult ko accept karta ho per mien un k consult per trading nahi karta mien just un k consut ko ko dimagh mien rakh kar deom account per trading karta ho aur dekhta ho k un ki opinon kitni effectable thi.
yes my first trade was in that way.actually i am a beginner in Forex.so have no idea about that..my brother is a good trader.he gives me some advice and i try to apply them in Forex and at last i got success in Forex.but it was little bit than my expectation.
no at all , i never encourage people to trade in the forex market using a borrowed money , because forex trading is very risky and you might loose all of your money in no time time at all . and that is why you have to be very very careful when you deal with the forex market , and you should never use any borrowed money to trade with it in this very huge and also very risky market.
Sometimes I seking for any advice or signal from many website or from successful trader's facebook, but I never open a trade directly after that. I will make my own analysis and think about others analysis too. If it have same result to open a trade, i will do it. But if it is different and I dont see any opportunity to enter the market by my own trading system, I will not open any trade. My own analysis is the most important thing.
Always be depending on your own expression to get the best professional and company better for the investor to study that information of the day to increase specialized settlement and create a big benefit with the help of their best and still preparing viewing the industry pattern to create a company.
i make the analysis on the forex, i do not want to trade depend on the other trader analysis, i just thinking that from the forex we need to got more experience and got more knowledge too , so we need to make the analysis by our self to make us gain knowledge and experience when we profit and loss
its a nice question.Quote:
Originally Posted by yogesh
yes i am trading with my own analysis and must look fundamental news. but its true that i take advice on adviser or old perfect trader. because i have to understand and sure the market trend to better trading.
you are right. if you lose one day, you have some depression and makes you lose again. It is strongly recommend to target 3-5% profit from funds. Don't concentrate on high profit. This is known as greed. Greed is one of the great enemy in trading.
I will prefer on own analysis & will trade on own experience. Me don't like to follow tips, but will certainly study Successful traders advise & their strategies. Myself will like to follow a pre-defined plan for Forex trading which include reading of Books on Forex , atleast one in a Week. Studying market analysis & charts etc. But will trade with own mind & strategy.