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In using trailing stop loss, we need to keep the terminal open and I am not a person who will be in front of my chart all the time. So it is better for me to put stop loss and do some other things and it is the right thing as we don't need to stay in front of computer in our future forex trading.
I think trade without using a stop loss at high risk but also ineffective. although we did not get a margin call because we are a strong margin, but we will spend the time to wait, sometimes floating last a very long time ....
If you want to earn from Forex , In my opinion there is one proven strategy that i personally use that is support and resistance, In the beginning i loose so much money but when i use support and resistance to enter my trade after that i will constantly grow my account.
RSI is good for new trader you can earn much with only RSI. Its good indicator to tell over bought and over sold situation of market. RSI couples with MA 200 also good
money management is the best strategy for me.if dont follow money management , you dont forex trading for long times.because your account may be blow as soon.
Both are altogether two different types of strategies, many people use sl as there strategy or trading style allows them and many others don't use sl but use small lots or maintain good money management and earn good amount on that also. so it depends upon the trading style of the individual
wasa to trading main boht achai achi strategy han or un ko used kar k haum boht sara profit earned kar skata han main be aj ap ko ak strategy bata hoon ap fores trading main apna doo account banaya or un donon account ko ak he time par used karan ak par buy karna or dosara par sell karna ak account par ap ko fadia ho ga or dosara account par ap loss ha ga ap loss bad main recover karna laana.Quote:
Originally Posted by edison
I totally agree with you. This is the main way to earn money i guess. Never ever use stop loss. When you trade, use lower lots to minimize the risk and earn the maximum profit you get. With this, you can do really well in forex market.
From my study and trading in the forex trading markets, i have seen that there is no strategy that can be used to get guaranteed profits. All strategies if well applied, would get a forex trader to make profits.
wasa to boht achi achi strategy han es main ak indicator ha ak ha stop loss or take profit ap jis ko be chayio or jsaa chayio apna achi or best strategy ban sakta ho es main ko buri bat nahi ha ap achi sa achi or best sa best strategy bna sakta han or ak bat hum agr achi or best stragety banata han to haama boht sar profit earned ho skata ha.Quote:
Originally Posted by edison
There are no best strategies,we can makes best if we really know about what tools and method we use and know both strenth and weakness,because
there will be has it,and try to keep learning and fixing problems if you have found mistakes to use your strategies,thats can be called good traders
As I always say I feel that following your own strategy is the best strategy because no one can influence your mind, you have your own mind then no other person can do hell with it so I highly recommend you to be independent at least in Forex.
stop loss ke acha otion hai but for those who know how to use this option i also know about this otion but i dont know where i put stop loss any define value where i put stop loss market up down any time.
Stop loss should be used carefully else it will become the reason for loss instead of minimizing loss.Quote:
Originally Posted by jony
It should be placed just after support or Resistance to protect your account if the price breaks those lines . And i heard sometimes the stop loss hunters will push the price artificially beyon these lines so that also needs to be taken care while placing.
Hi
if you want to earn from forex. in my opinion there is one proven strategy that i personally use that is support and resistance in the bigning i lose
so much money but when i use support and resistance to enter my trade after that i will constantly grow my account.
My opinion is different form you.I think my strategy is better than you.I collect news from the website called www.marketwatch.com.On the basis of the news,I trade and most of the time I have gained.
For me I am now work without any strategy for I am tired of the many strategies that I can not enable them properly. So I started to work in a hedge and the profit I would bring complications and patients without fatigue and fear of loss.
well, is this true? i am intested in thhis kind of trading strategy, because, recently i tried this technique. using 2 pairs at the same corellation. so far, can get smake it right, i mean, not consistent, when it float in minus, it seem very long to get back into winning positino again. i need adviceQuote:
Originally Posted by anoha
other than using the stop and take profit los measurable we must also use great way trading, too many open positions without the use of the system in and out of a good market will be hard to get good profits sooner or later our account will be exhausted, we still use stoplos and take profit according to our size but we should also always use tradingyang way it has been shown to produce and the rest will be arranged with the management of funds through stoplos and the last is a good emotional control it will help us in forex trading.
hi
good of commerce is the controlling our finances, and lots of leverage is always side by side, however it still fit your need and we try our capacity in the transaction
stop or cut down on transaction time we can do and wait for the next opportunity while looking for the best trade we again.
this is the way trading is organized and planned well in which the losses and profits are taken into account before trading begins with the way the market conditions which, however, trading can be done in our own way, as the calculation of profit and loss and turnover is also a part of trading that must be taken into account, without them, the trading will not be optimal and will be a loss if the habit of open positions is not followed by good capital management arrangements, this is the way trading is like to be followed by the trader to profit and loss limitation.
There are many un-countable trading strategy that we could apply in forex trading business, but the best for us should be the one that actually is understandable for us to quickly understand.
I am against the idea, the forex market, there is no better strategy and strategy 100% guaranteed to earn a good profit each day, you have to negotiate on key frames and time you need to do a good study of market to know its direction, so do not complicate things and make the negotiation with a simple strategy, I wish you luck.Quote:
Originally Posted by edison
The best strategy in the forex market is the strategy that has a good money management, a good analysis, good indicators, a strategy that is already tested in a demo account, and she give good results, but the merchant is the cause of winning or losing in the forex market, the strategist is only a tool for a good profit.Quote:
Originally Posted by edison
app na bilkul sayi bola hai agar app stop lose use karta hain tu app ko most valuable stretegy karni parah ge aur use low risk is another if any one forex man can obey this rules and applyQuote:
Originally Posted by edison
trading main boht achi or best strategy bani ja sakti ha ap apna khud koi achi or best se strategy bana or boht sara profit earned karta rha q k es main profit be obht zadia ha or es main loss be boht sara ha es laya jub be ap treading kar sotch samaja kar kaerol;Quote:
Originally Posted by edison
it is true, no matter how good a strategy, will not be able to predict the market accurately. you must have preventive measures as a way to reduce losses. namely by using a stop loss. This way, your account will be safe from the margin call.Quote:
Originally Posted by BANGUN
buy on support sell on rsistance is say behtr or kamyab kuch bhe nae
yar ap trading main agr apni strategy bnata hoo to ap ko es main boht sara profit earned ho ga agr ap na es main boht sari mahnat ke to ap ko es main kafi profit earned ho ga es laya main achi or best trading karta hoon or mujaa achi or best trading karna acha lagta ha.Quote:
Originally Posted by edison
i always trade by using news so i must say that for me seeing news first and then opening your position is the best strategy to make some good profit in this field and now these days a lot if traders are using this strategy to make some good profit.
:respect: Very useful post.
Yes, you are correct. Trading is all about minimizing risk and maximizing profit. A trader never knows whether 100% of market movement will follow his strategy or not. The point is about picking up odds into own favor. Stop loss is very crucial in minimizing loss and as a trader shouldn't expect too much from a trend, the take profit has to be sensible.
stop loss is needed to keep the risk of depletion of our capital
even to do that we can use the trailing stop to the point that we can adjust to the circumstances and withstand capability of the capital that we have
I think there is no best strategy in forex because there is no strategy which could be used for all types of traders. The best time
for trading will be different for one trader and another. Using certain strategy could be good for a trader but it's very possible if the
strategy won't work well to another type of traders.
If you expert or newbie I think being success you should keep your capital. To follow the recommendations you must keep your eye on being loss. Stop loss is such option to save your investment.
===>>>To be honest I don't think it is profitable strategy. We can't say that trading without Stop Loss is low risk trading. There is a huge risk of loosing account.
Better strategy is trading only high probability setups and cutting loses. Using SL is definitely more profitable because you can trade on higher lot.
bahi ya be ak achi or best strategy ha main ap ki post sa biklul mutfaqa hoon es laya agr ap trading main stop loss ko or take profit ko used karta han or ap ko trading main boht sara profit earned kar sakta han es laya mujaa be es strtategy sa boht sara fada howa ha.Quote:
Originally Posted by mrinalini
good of commerce is the controlling our finances, and lots of leverage is always side by side, however it still fits your needs and we try our capacity in the transaction,stop or cut down on transaction time we can do and wait for the next opportunity. while looking for the best trade we again
The best strategy in my opinion is someone with Money Management Management and use the risk properly. Due to the use of both these conditions, our capital will be in a safe position.
dear friend he is using naked strategy which can't be explain because it is the best movement which you analysis the current situation and take the position in the market for getting some pips profit with the help of scalping.
forex me kabhi bhi bina stop loss ke trading nahi karni chahaiey kyunki stop loss na hone se trader ko abhut loss ho sakta hai
maien ab tak jitne bhi margin call wale cases dekhe hai, sabme trader bina stop loss keh i trading kartah ai..stop loss laga ke trading karne walo ko kabhi bhi margin call nahi lagti