Forex trading requirement must know all!!

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Originally Posted by pipsdragon

yeah i know it because to be succes in this bussines is need long time and hard work. can not succes just in one night or one week..

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yes brother you are correct about your opinion. who want to gain within very short time i think they never learn forex and it may go for them gambling . forex need patience and willing to learn . i passed near 2 years but still unable to make consistent profit and still trying to learn as much as possible. so its really need hard work.

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Originally Posted by pipsdragon

yeah i know it because to be succes in this bussines is need long time and hard work. can not succes just in one night or one week..

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Along with patience also needed is hard work and continuous struggle to survive. We should have complete control on our emotions so we can trade with fully calm heart.

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Originally Posted by blackprince4u

Along with patience also needed is hard work and continuous struggle to survive. We should have complete control on our emotions so we can trade with fully calm heart.

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Absolutely correct . patience need to become success because its not come so easy and to achieve such we need to hard work for learning and education . anyway if we able to live long in forex then sure our experience level grow which help us more to servive long time in forex.

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Originally Posted by blackprince4u

Along with patience also needed is hard work and continuous struggle to survive. We should have complete control on our emotions so we can trade with fully calm heart.

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maybe we can be calm at a profit, but it is very difficult to calm at the time floting loss. let alone close a position with a large amount of loss.
we really need to do yoga to calm down in any condition.

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Originally Posted by arjun

maybe we can be calm at a profit, but it is very difficult to calm at the time floting loss. let alone close a position with a large amount of loss.
we really need to do yoga to calm down in any condition.

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yes brother its true but to prevent huge floting loss its better to set SL always which cannot make us depressed . before so may time i faced such but now always putting sl and tp and just waiting how my analysis its hit the tp ot sl .

I dont think ki har trader ye sab requirement poori karta hai..
lekin jab time ke sath experiance badta jata hai tab usse realsie hota hai ki ye sab baatein kitna matter karti hai forex trading me

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Originally Posted by arihant

Forex is an amazing source of earning money but it require lots of hard work and dedication..
If any one wants to enter in this market, he should fulfill all the basic need required by this market otherwise he will ends up in loosing all his money..

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ek dam sahi kaha aapne. par new trader pehle ye soch ke nehi ate forex market me. sabhi sochte he ki forex yana paisa. agar koi sacchi dedicated ho to wo forex me jarur kamayega. bas sikhna hoga.

There is no way that we can be 100% sure that our analysis will turn out to be perfect. That is why we do not take too much risks in each trade that we open when we are trading.

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Originally Posted by alwi

certainly it is a good opinion because after all we only have limited knowledge and we can not force us to follow the state capital a risky trade because in this business that we also need to do is reduce the risk of trading as low as possible

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risk always there in all business certainly in forex business. i agree with your opinion, if we should to reduce the risk. so we make medium risk in the forex. its not easy to do. need more learn and experience to be able for it.

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Originally Posted by arjun

yes you are right,
with patient and willing to wait for the price in the right direction,
then half a victory already in your hands.

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whatever it is only patience that will bring us to a success
because the premises of patience we will be able to control the emotions of trade that we face