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yes bro i agree with you.over trading may destroy a good trader.dont do like that.analyse well and try to do single trade at a time with high lots.it is better to do with multiple trade.complete the single trade and then open the another tradeQuote:
Originally Posted by alamayreh
Yea, Too many entries can not be good. If all entries are profitable, But it will hamper your mind and mentality. One should enter his/her maximum entries in a day 3 or 4. No more is perfect for standard trader at all !!!
Opening too many trades or entries as the thread starter called it is a very good thing and a bad thing as well. If a trader can handle many trades, then it is possible that they can open many trades. This also applies vice versa.
multiple enteries in one pair is fine ..but with different pairs can cause confusion ..more of if some are going against you it can make you anxious and you become more prone to take decisions in rush that is not a good way to deal in the forex market..i think its better to go for few pairs at a time..for say two or max three pairs..Quote:
Originally Posted by alamayreh
me bhi shuru ke dino me yahi galti kiya karta tha aur apne money management ke against jake bahut sari deals ek sath khol diya karta thaQuote:
Originally Posted by dareking
issi wajah sem ujhe margin call tak lag jati thi lekin fir mujeh ye sab cheeze samjh me aane lagi aur money management se maine seekha ki har trader ko apne account balance ke hisab se hi deals kholni chahaiye
yes many entry or lot become loss so buy or sell in limit if you buy sell many lot then your equity become small and when market go small up and down then you going for a loss so use only one or maximum 2 lot use for trading if you are get only profit then make a management and then trade:respect:
her cheez tajrabay say aati hay. agar to koi bohot hi acha trader hay to wo to kafi entries bhi open ker sakta hay, laykin newbie trader ko aesa nae kerna cheay. may aik trader ko jaanta hon jo acha signal milna per 20 - 50 order bhi enter ker dayta hay.
It is best not to use too many entries to enter a trade because it will have a bad effect on your trading margin. When your trading margin it reduced, you can face a margin call on one of your trades even if the trade would have gone very well. It is better to take it one entry at a time with your trades. Also for newbie too many entries might confuse your trading account especially if they are from multiple currency pairs.
In my point of view opening many entries at a time is not a good choice. This will divide your consentration and will effect your analysis. If you are a long term trader then it can be done but you should have a large capital. But for day trading and especially for scalping trader should open not more then 3 to 4 entries. I do scalping i always open one entry at time, sometimes two but not more then to.
yeah definitely.too much of anything is good for nothing.if you put many orders you cannot concentrate on all of them.so try to open one or two position at a time.try to avoid many entries