yes, of course I think its true that when you are new don't try to make more profit. set a small achievable profit target and after getting target out from the trade. don't be greedy and don't let your trade to run.
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yes, of course I think its true that when you are new don't try to make more profit. set a small achievable profit target and after getting target out from the trade. don't be greedy and don't let your trade to run.
It is true that when a person totally new in this market he should be careful in trading. He should not try to take profit more and more because it makes a main reason of getting loss for new traders.
bhai ye baat sahi hai, jab bhi koi new trader aata hai, to usko idher jayda bade profits kamane ki koshish hi nahi karna chahiye, kyunki unke pass experience aisa nahi hota hai, jisse wo acha aur bada profits kama sake bhai.
aysa nahe hota hai jab hum market mai aty hain tou new hoty hain magar slowly slowly he humy is mai experince rahta hai aur is leyay hum achea trade karny k qabil suddenly nahe ho jaty hain is k leyay humy yaha par kafi time lagta hai us k bad kahe hum bes ttrader banty hain starting mai humy hard work karny ki bhut zrurat hai...
It is 100% true that we should not take over risk or over trading to make more money from the forex trading, we need to trade with proper knowledge and trading strategy to get success in forex trading. I think if we can trade with discipline then we can make monthly 20-30% profit easily and trade with steady and easy methods.Quote:
Originally Posted by hasmo
i think new traders in the forex market should keep more patience at the time of trading in the forex market. they should be satisfied with little amount of profit. they can expect more profit after gathering more experience of trading in the forex market.
Yes Dear all newbies in the first 2 months, to be used for the demo account and trade come to you and you do not have full command of greed trade after the ..if at all about this business, and after this you will always get the highest sense want more, then carefuller ,,, so this is a chance to lose, because the minimum and try to take profit ..
for newbie trader. don't try to make more and more money when you are still newbie because forex is not quick way to making much money. forex is too risky business. you can lose much money and be poor quickly in forex business. you need trading plan and daily target
i think that as it is a genuine business and also it has some technical, fundamental and demo trading practice issues so if we want to make more profit from this business then we have to learn them properly and always if we can try to make trade by giving low volume lot then we shall be able to make some profit from this business.
We must be realistic in this business, despite forex is an incredible business in the world. so the newbie need to be realistic also, they must have small profit target when they still new in this business