Yes on first step in trading trader need to follow H4 and D1 chart for gaining good information about the market. And with this chart they can easily enter on right point for trading. And it can give them good profit.
Without that you can't do anything on forex. So learn more and earn more on forex.And after it we have to let our emotion out from our mind with keep cool our head when de got some loses...never think to get revenge for loses.
yes every newbies must try not be in the trap of the greed and fear ..because many new traders fall in the trap of the greed and instead of takeing profit they has to take the loss
Yes i feel that these are the necessary steps which are taken by the trader at the time of doing trading. But if we implement the steps and follow the rules also then we will get success in the forex trading. Some of the traders are doing many trades at a time it is very dangerous for their career.
If we read two or three times the suggestions we will be very much clear that what Victoryindia wants to say .As the name suggest with all these suggestions Victory will be of the trader who will follow all these advices. If you can not follow all the suggestion on a given day try to follow the maximum nos of suggestion.
bilkul sahi baate batayi hai aapne,khaskar agar newbie isey follow kare toh unhe kafi fayda ho sakta hai trading me sabse important hai trade karne ke baad patience banae rakhna aur jo sikha hai usey yaad rakhna lekin trader hamesha bhool jate hai ye baat aur trading ke time sirf profit k bare me sochte hai..
True, traders should keep all these factors in mind when they are trading in the forex market. I always make sure that am updated with the economic event for the week and only then take positions in the market because i simply do not want to risk by trading during the time of release of high impact news.
before we make the trading on the forex we need to make the good analysis first, make the good analysis on the forex is need to being patience and we need to wait in here, and after we have make the trading on the forex business we need to also being patience on waiting to got the profit and loss