I think if we learn some tool about trade managment than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step.
It use to baffles when i sees many traders having about 75 positions opens with micro lots, some might even be upto about 9 months opened with many more swap charged, how will this not so annoying to them, you can not win always after all.Quote:
Originally Posted by gemmy
My view opinion i also think that opening too many position is very dangerous thing in the Forex market because that time trader can lose their all account balance within short time for this reason i think every trader should open one or two position at a time not more then...
Yes i agree with u , for beginner i advise to avoid opening many orders so as to focus only on your trade and never disperse yourself by many trades otherwise you will not be able to respond correctly.
this is not good to open too many position and especially only for one pair,,,and it will become a big problem when they do not stop it, and usually when their order against the trend, and they will repeat to make new position with same direction with the first order again and again and even with double the lots size setting and hope they get the point and the trend follow their order,,
There is never a need that a forex currency trader actually opens too many trades in a single time in their trading. This is over trading and causes too many silly mistakes for any forex exchange trader.Quote:
Originally Posted by staar
Oke. I think if we learn about a tool of trade, which we can easily handle the managment because when we open more positions in more than one location, and to use more than most of the new traders to continue trading pairs fail to manage trading.. Proceed step by step,.,...
I think if we learn some tool about trade management than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step. in the forex world is what we need to be aware of our financial system, whether it is correct or not, in determining whether the financial system we should be able to read how many pips average daily movement in one direction then it would be better to avoid Los or MC ,
We learn some tool about trade management than we can easily handle more positions because when we open more than one position and use more pairs for trading. We should open as much positions as we can handle and we can afford. We should just concentrate on 2-3 or maximum 5 positions at a time.
That die, but may end up with a straw. Never open longer than necessary, otherwise you will not be able to answer correctly. I think that if we learn some of the tools of traffic management that we can easily manage several positions, because when I opened in several places and use a number of pairs of trade than most new traders trade.