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If you do your analysis and feel that a market will move in a particular direction for certain number of pips and perform your trade and if so happens then you should book your profits and not wait for markets to move further in hope of making more profits as markets can turn back from there as well. So perform all your trades based on your analysis and then trade accordingly .
If you are new to this business, the it will be too difficult for you to even generate small profit from it as because of the lack of knowledge and experience. So it is must for ever new comer to first learn this business starting from the start. Learn how to implement a strategy and control your emotions then you can be able to generate profit from it.
It is great point for newbie that they don't attempt to get more profits when they totally new to the Forex market. The newbies don't try to make more profit they have to utilize stop lose and take benefit so that when they got most extreme benefit exchanging will be stop.They ought to make practice on demo account to the extent that they can do in light of the fact that this practice give long time profit......
You say right dear. If you are a new trader then you need to learn more and more. Do not try to make profit try to develop your skill. If yo are a skilful trader then you can make huge money. Forex is a profitable business . thanksQuote:
Originally Posted by hasmo
sure dear each of the novices should first utilize trial be the cause of only two 30 days, utes along with and then receive maximum knowledge about ebay along with after getting this kind of when you come to buy and sell and don't avarice in any respect. if you have total demand for the buy and sell next constantly, utes try and consider lowest revenue mainly because if you want a lot more next there is likelihood to forfeit this kind of,,, therefore carefuller..
If you are brand-new investor in the fx then possibly be carefull when you are performing investing with right here. This fx is incredibly dangerous location for your brand-new men and women. Should you currently make with all your frist investing then will not avarice. Dont attempt to make a lot more benefit variety right here. Possibly be delighted that you simply make and be safe and sound with all your safe and sound benefit.
yes brother ap ne thek kaha hai agar koi new member ho forex trading main tou use chahiye ke woh apne emotions ko control main rakhe woh ziada profit earn karne ki laalach na kare warna use bohat ziada loss ho sakta hai. forex main loss kabhi bhi ho sakta hai esi liye new members ko chahiye keh woh carefully trading karen.
Bro main iss baat se agree nhi karta kyoun k jab main iss market main new aaya tha tu main ne taqreeban 1 month acha profit bnaya tha taqreeban 70 to 80 % but after that main losing ki traf chala gya iss ki waja mujhy chayd lagti hai over confidence???
try to make consistent profit i think in my opinion if you forget about the loss and try to get more and more profit and do work to get more and more profit then you can achieve your target to get profit in the forex trading.
Yes you said absolutely right that a new trader should avoid big trades because you can get profit s from start but at one stage you will lose all your money because initially you can not manage your money well and you open big volume trades so that is the reason why forex is risky.