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It shouldn't be gambling. It can be called as trading instinctively or using sixth sense. There are many traders who feel comfortable to use their instincts rather than any technical indicators. They are successful by that methodology of trading that they practice. I personally go in for technicals and do not rely on instincts wholely because they are not so strong to be believed by either. It develops overtime and compared to the technical indicators the instincts of human mind are way more accurate but only requirement is that it takes time to get developed and needs exposure also.
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First of all i decide to stop trading and cancel or my modified orders then i start to fix my trading's strategy which i depend on it to know what is the wrong in it that's led me to lose these pips finally if this strategy still don't work well with me i decide to stop trading with it and search for new one and You do not have to wait until you have a loss before you can do something only Look sis in case of the lose i get upset and there are lots of emotions that are coming out of my body and i dont know what to do look but than i remember that i must not lose in this game and than i make more preparations and win the next one so this is what i do ok
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trade without analysis is like to go somewhere without knowing the right way and just on presumptions we start journey in which chances of success are less, however, when we know the right way to go then it will be easy for us to get out goal, so without analysis trade is nothing but loss of money.
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Dont do that...trading without analysis means you trade based on your luck...Dont ever do that...trading based on lucky wont give you anything it just would make you feel that you can win easily without any learning process but you cant do that all the time...forex market needs your learning process...
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may dear; i dont agree with you tha twe shouls not trade without any sort of the trading without any analysis at all and in my opinion we should trade only when we have done the analysis this is i mean simething which is must for every single trader. i lake it very much.
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mere dost mein ap ki bat par itafaq nhi karta kunk agr ap tarading ko analysis k baghair karein gay to ap ko is mein loss ho ga aur koi b faida nhi ho ga is liye is ko madnazar rakh kar tarading ko karein tak koi b nuksan na ho .
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Trading without analysis in my opinion is a way to go heal. This habits usually for newbies and that why many newbies traders consist of almost 95% lose their money. This is because they trade by feeling. A trader should open a position by a little of analysis. Remember, forex trading is a rational way for having money. If we trading without analysis I am sure we are closed to the heal.
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its not necessary that, you have to trade with analysis... Because, If you have an other job or business, you may use paid signal service... There is many trader in Market, who have not the good knowledge of market, Still they are trading and earn good income... because, there is many companies, which are provide paid signal service to traders... but ye, i'll say this, paid signals may also be risky, if u have not enough knowledge.. because, some time it is happen, u need to exit from trade before hitting TP because of unexpected market movement, at this time u may also get loss.
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forex market is many risky so one should trade with analysis to get better outcome that trading without analysis is not the trading is became more like the full risky business as those businesses as where the luck play the important
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It is a true foolishness and a pure gamble to trade without analysis. Whenever you should make a trade you should first analyze the market statistics and trends. Only then you should make your trades.