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You need a demo account to learn forex strategies that If i found proper solution of that mistake then i apply it to next time then have the hedging strategy to recover the loss as In case i am facing loss then i will be calm at first time and review the mistaken i made then find out its solution for fix it immediately as well then the first step i do that is try to clam down my self as if we do not make any mistake we could not learn
of course The idea is gambling MY OWN friend , next You might make revenue many times through luck but next we think You may loose most your income . It is not so straightforward THE friend in order to gamble. This is information about technical ANALYSIS AS WELL AS other indicators .
I never stop my trading if i lose my money I try to recover my lose and start trading again so never give up I believe you are good trader then and so do not lose hope with keep learning and practicing with harder instead of When i feel ready i open position once again and hope it will be profitable
Forex trading without analysis is as like as following loss project. People should not trade without analysis, knowledge, experience. Because, Forex is a knowledge, experience, analysis base currency trading business.
Without analysis trade karnay ka matlab trade me loss hai.Trading without analysis nhi karni chahye.Jab tak ap analysis nhi kar saktay ap profit earn nhi kar saktay.Jab tak haamay analysis karna na ata ho.Tab tak trading start nhi karna chahye.
rading without analysis either fundamental or technical is nothing but pure gambling.Because if there is no analysis, we would be wrong to make the right decision. So, better analysis before trading.
Trade with out analysis is gambling It is walking with closed eyes If luck is in the favor of a trader and he gets some profit. Then you may make profit several times by luck but after that i think you will loose all your money . it is not so easy my friend to gamble. it is about technecAL ANALYSIS and different indicators .:peace:
Then you go for another position and see what happens with it is too dangerous if we do martingale in small balance because we are going to open another position with double lot on the same direction If the price is retrace then it's okay but if it is keep on trending then our account might be in more danger it can lead to margin call There is another way of saving our accoun rather than The simplest case is that i when open a deal then there should be stop loss with every of my trades and the second step i do to hedge my account or trade partially and close it when i think that it is a good place for me
Dear Kashif Khan you are absolutely right trading with out analysis is gambling as well waking with closed eyes which will be never beneficial. So if some one want to be a good online trader then he should do some analysis before any action.
analysis is needed to determine market movements and analysis in the absence of trade will only worsen the trade is done, it becomes common mistakes made by traders, at least the traders understand the risk in the trade so that they have a way to analyze market movements and analyze the factors of money management good so that losses can be avoided