My daily trading experience.

I agree with you, do not open a large lot, although we also large capital ... because large lot with a large number of dollars as well ...
I never use the big capital and big open lot, although both minus 10 pips with small lots ... but I could not see the amount minus the dollar ...

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Originally Posted by assi

Yesterday i have learnt a great thing from this business that you should not try for the more than your plan and also do not do the trade when the pip changing value is slow. always trade when the volatility is good.

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Yeah that good to focus on plan , don't try to be extra smart it can bring losses for you. Aur ye k jb market ki movement achi ho tb he trading krni chahye kiun k aisy hum apny target ko jaldi hit kr lyty hen.

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Originally Posted by nirale

really should be to become a professional trader must keep a lot to learn, especially learning from past mistakes. I think if you have not been lucky this week maybe you're wrong in the analysis do not count on luck

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maie napni galtiyo se bahut kuch seekha hai..maine na sirf real account ek looses se balki jo loss mujeh demo account me dikhta tha me usko bhi ache se analyse karke tarding karta tha..forex me loss se seekhna bahut zaruri hota hai kyunki itna aapko profit se seekhne ko nahi milega jitna loss se seekhne ko milega

i have again repeated my mistake and i got margincall again.the only reason for this is opening a number of positions to trade and even also by opening big lotsizes i have lost so many trades

I do trade on gold only because gold is a very good commodity for trade gold gives more profit and more loss quickly therefore currency trading is very slow and boring so if you have power then you can earn from gold.

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Originally Posted by forexman

i have again repeated my mistake and i got margincall again.the only reason for this is opening a number of positions to trade and even also by opening big lotsizes i have lost so many trades

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Hi forexman,

It is a hard way to end the year in such a fashion. I have come across a situation like that a couple of times. I know the soothing words from the mouth can not pacify you. Learn from your mistakes and hope to find the momentum again the coming year. Let this be the best lesson learnt to face the year ahead.

Happy Trading:peace:

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Originally Posted by forexman

i have again repeated my mistake and i got margincall again.the only reason for this is opening a number of positions to trade and even also by opening big lotsizes i have lost so many trades

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forexman, the idea behind forex trading is not how many trades you can open a day, but how much profits you can make from your trades. It is better if you chose a particular pair and then open one trade on it and see how it goes. Use a stop loss and take profit order. Better, do not be greedy to use big lot sizes if you are not yet an expert in taking short term trades.

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Originally Posted by shinde

I agree with you, do not open a large lot, although we also large capital ... because large lot with a large number of dollars as well ...
I never use the big capital and big open lot, although both minus 10 pips with small lots ... but I could not see the amount minus the dollar ...

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this is where all we have to plan and we can open both large and small sizes and it all depends on our capital and this is where capital makes the difference and we can increase our power with increasing the capital and most traders are power ful because of having big capital so more capital you have then you can control risk well

The days when i do study well and see the opportunity usually i make some good profits, but those days when i simply enter trades to trade often result in losses. One more thing whenever i hurried that this is the only opporutniy i am getting usually i get another better opportunity after some time but dont have capital to take advantage of that opportunity by that time. Better wait for the right opportunity instead of hurrying.

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Originally Posted by yogesh

The days when i do study well and see the opportunity usually i make some good profits, but those days when i simply enter trades to trade often result in losses. One more thing whenever i hurried that this is the only opporutniy i am getting usually i get another better opportunity after some time but dont have capital to take advantage of that opportunity by that time. Better wait for the right opportunity instead of hurrying.

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Yogesh,

That is the one of the laws of the forex market which it always obeys. We all want to take up a position considering to catch the train early but end up in a loss. Forex market provides us a lots of opportunities the given day. All we need to do is to be patience and sticking to the plan. "plan the trade,trade the plan"