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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. Trading without analysis is a form of gambling, means you treat Forex as gambling not as a business, it makes you seek their fortune in Forex.
I believe that loss and profit in every business and trading is an international business so in trading if fall in loss then i should not become hopeless i should trade again to make profit from trading after all is related to emotions and it's actually a natural thing that needs to be controlled for a better trade No2 is very much needed when you are about to open a trade You need to freshen-up your mind to understand condition of the market correctly No3 is related to your skillknowledge and confidence that you can re
Professional analysis services are where a professional trader provides market analysis to other traders, and the other traders then make their trading decisions based upon the professional's analysis. Professional analysis services usually consist of daily analysis for a specific market (e.g. a specific stock index, or currency, etc.), and are usually provided at the beginning of the trading day (often before the market is even open).
Business without the need of research is usually playing It is walking using sealed sight In the event good luck is at the favor of an trader as well as they gets many benefit However in exchanging without the need of research to acquire benefit is usually not possible.
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,
When i shall completly ready to trade then i try to not repeat my mistake again accordingly its very obvious that you will lose confident and when i loss i will practice with my loss trade on my demo for overcome that mistake that is You do not have to wait until you have a loss before you can do something and also trying not to take emotions when trading after all trying not to repeat the same mistakes instead of after that if i found out that there are a lot of losses then i stop trading for a while and check out the cause of the problem and even if it meant that i need to change the strategy i am using
Trader but usually It takes me a day or more to get profit since anything doesn't come as I expected in fact Forex is a business which there is profit and loss all you need to do as a forex trader is to focus on your trading rules and system as make sure that we are ready to get the consequences on this business such as to accept the worst to the best situation but Do not hate your losses rather they will make the way of success try to find out the cause of loss and try to solve it this is the only way of learning Forex be calm during the trade but do not take preparation of taking of revenge
---------- Post added 05-09-2014 at 04:30 AM ---------- Previous post was 05-08-2014 at 10:32 PM ----------
Just keep calm and keep full control of emotion so that we can still take some action for recovery such as hedging or lock the trade that You need a demo account to learn forex strategies till When i loosed in trade i try to collect my trading capital first and then i try to find out the reason behind my losing i think demo is the only way for controlling our mistakeif i loss for my money management or trading plane or strategy by demo practicing i will modify them and if i loss for my psychological problems then i will change my
---------- Post added at 05:28 AM ---------- Previous post was at 04:30 AM ----------
Trader but usually It takes me a day or more to get profit since anything doesn't come as I expected in fact Forex is a business which there is profit and loss all you need to do as a forex trader is to focus on your trading rules and system as make sure that we are ready to get the consequences on this business such as to accept the worst to the best situation but Do not hate your losses rather they will make the way of success try to find out the cause of loss and try to solve it this is the only way of learning Forex be calm during the trade but do not take preparation of taking of revenge
Let us think rationally. Trading forex is a rational activity. In this case a trader should use his/her mind to open a position buy or sell a pair. It means that before opening a position. he/she must use some minutes to see and analyzing the movement of the price based on some conditions affect its movement, especially fundamental economic, and signal prediction by technical indicators. I am sure long or short he/she will close his position positive of having profit.
I believe that loss and profit in every business and trading is an international business so in trading if fall in loss then i should not become hopeless i should trade again to make profit from trading only after that if i found out that there are a lot of losses then i stop trading for a while and check out the cause of the problem and even if it meant that i need to change the strategy i am using like Our trading plan is what we must stick and follow when lossing becarefull and follow your trading plans
without analysis ke trade koi nahe kartha .. trade position lene se pehle banda market se apne aap ko bakhabar kar letha hai ke kya situation hai aur pir osi ke muthabiq work kartha hai