In Forex there are most of the traders who loose as they enter this field without proper knowledge and basic study of the market and and they do not have a proper trading plan in place or money management so most of them loose in this market
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In Forex there are most of the traders who loose as they enter this field without proper knowledge and basic study of the market and and they do not have a proper trading plan in place or money management so most of them loose in this market
Trade forex need knowledge, good system, good money management, and discipline; become a profit trader is much difficult, so become a loser is much easier if even only one step has problem with all the process.
Exactly correct brother . for me i also blow my account so many time because of use high lot to gain more and more in a day and after gaining much experience still i am unable to control fully myselves but this time i am fully serious that dont do such mistake which i already done so many time .
probably its true less are successful and more are not in forex because its really tough business . i think who today successful one day they also was newbie but there hard work make great today , so we need to patience and learning mentality then we also will be one of them.
They lose money because they invest money there without knowing the some basic step of forex, they invest and start some risky step for good profit without knowing the opposite result, so in the result they got losses on the early stage. I think for entering in forex a newbie should learn some basics about forex currency trading. For that purpose forums is the best way to avail this opportunity specially this forum. By learning from other experiences and other mistakes we can improve our skills and abilities, which help us to get the right step at the right time and also reduce the element of risk from it.
I will not say that those get loss are bad rather profit and loss are often in forex, but those who often get losses and rarely make profit should have to reconsider their strategies - they should follow the very basic rules of closing trade or reaching predetermined target or on reversal indication also you should let the stop loss trigger if stop loss his hit.
DEAR ap nay theak kaha har trader ye chata he k wo aik din me bhot ziada kamye aur loss ki sub se bari waja hi ye he aur wo is liye ziada trade open karta he jin se us ko loss ho sakta heQuote:
Originally Posted by s19
G haan ye hi baat hay, har trader chahta hay k wo jald az jald jiada say jiada kama lay aur is chakar may wo big lot trading aur over trading karta hay aur jab loss barhta hay tu wo ghabrahat may majeed trade open karta hay aur Margin Call per aajata hay.Quote:
Originally Posted by azhar
get some loses or even we get MC, that is a good experiences and i may call it as an expensive experiences that we buy in forex trading, so we have to take it and learn how we can do it ?what's the matters with our strategies?so find out the mistakes and fix it soon or we just complete the weakness from our strategies..Quote:
Originally Posted by yogesh
meray kehyal sy bohat sy log jo hain un me experience ke kami hy or kuch luck ka be effact parta hy . traders ko chaiye k trading me aany sy pehly ******** ko prepare kr len to bohat behrtar hy ku k us me bohat easy or boaht achi knowledge ke bateen hen.