Trading in the direction of the overall trend does not mean that every trade will be ... in the direction of the flow doesn't mean that there's no chance of you drowning, but ... when you've swum enough for the day and it's time to crawl out of the water. ... you cannot pay full attention to your charts all day long, you can still trade.
if there is no clear direction in which market is moving i will avoid to place an order in that condition because i am not sure about the moment of market so if i invest in that condition then i may suffer loss
is simple and does not require any thinking at all, just stay out of the market and relax on-till the market make up it's mind to go in a clear direction and go with it. it is better not to trade then to trade and loss your money.
There are reasons why a trader would use a system or strategy that someone else developed and tested. It is easy. A novice trader does not need to study how the market works and how he interacts with that market. He does not need to educate himself: he does not need to bother with books and seminars.
if there is no clear trend in a way that the markets move slowly or stable movment id like to keep a way from the trading or even take a rest and close the platforme because it makes me very bored and afraid to make any bad decision or take the risk of lossing everything
Scalping trades most effectively used when the lack of trend. With the up and down movements are slow candles, forming 4-6 pips, we can still find profit. There is a day-to-day market moves lazy, and we need to set up certain tricks, for can achieve a profit.Quote:
Originally Posted by xiaotanghao
i do not want to put the transaction at this situation and do not want to force difficult for it, there are still many possibilities at the front side of me that i can take it, not for this situation, take the most secure way is very necessary and if i still want to business, i want to start trial consideration and get more studying and exercising in there.
it is the pattern that help us make recurring earnings as we business towards pattern but if pattern is not obvious making business choices are going to be difficult and deals keep more danger, i would in such scenario better prevent business.
yes nothing much we can do expect waiting so this is where I am sure that we can try and work out different strategies for different timings so even when there is no claear trend we can have a strategy that can work at that time and it can give us some earning so market is full of opportunities...Quote:
Originally Posted by ObaFX
forex science is very complex and requires a great seriousness and logic to be able to master it well, and it takes patience and high discipline in applying the theory into actual trading.