Ride the Trend and Enjoy !

I accede with you in a point that makes the trend your friend, but not in all cases, you should be warned of the accord in times of animation these times may alum alfresco it.

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Originally Posted by malik

Why traders loose in forex? do you know? Traders loose When they repeat the mistakes. Every one says "trend is friend" and just enjoy the profits after riding the trend. But More than 90 % traders are loosing, why? They can enjoy after riding the friend "Mr Trend".

In fact traders make mistakes while riding on "Mr trend" and do not care for the mood of Mr Trend before riding on it. Most of the traders who loos sell the "dips" of up trend just thinking it a trend reversal and burn their fingers. The same mistake is repeated by the traders when they buy rally,s of down trend.

I will suggest you to Follow the rule of riding the trend and never sell when trend is upward, even you see a big downward correction. Just wait for the price to turn back and place buy order and avoid to sell on corrections. same for the downward trend. Buy the dips of up trend and sell the rally,s of down trend.

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True friends. Indeed, following the trend trading is one way to minimize losses. Because the trend is very safe for us and lasted many days. Not only per hour. Therefore just enjoy trading with the trend that is happening in the market.

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Originally Posted by malik

Why traders loose in forex? do you know? Traders loose When they repeat the mistakes. Every one says "trend is friend" and just enjoy the profits after riding the trend. But More than 90 % traders are loosing, why? They can enjoy after riding the friend "Mr Trend".

In fact traders make mistakes while riding on "Mr trend" and do not care for the mood of Mr Trend before riding on it. Most of the traders who loos sell the "dips" of up trend just thinking it a trend reversal and burn their fingers. The same mistake is repeated by the traders when they buy rally,s of down trend.

I will suggest you to Follow the rule of riding the trend and never sell when trend is upward, even you see a big downward correction. Just wait for the price to turn back and place buy order and avoid to sell on corrections. same for the downward trend. Buy the dips of up trend and sell the rally,s of down trend.

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Its fact that trend is our friend so we need to ride the trend in order to make good amount of profit. When i was new i usually didn't care of trend, due to this i faced so many losses and blow many accounts but now i observe the trend and market situation before opening any position.

trend is the best friend of teh trader that is associated with the forex trading. the identification ius not that hard for the trader but still he has to s make sure that he has the idea of the trend

Quote:

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Originally Posted by malik

Why traders loose in forex? do you know? Traders loose When they repeat the mistakes. Every one says "trend is friend" and just enjoy the profits after riding the trend. But More than 90 % traders are loosing, why? They can enjoy after riding the friend "Mr Trend".

In fact traders make mistakes while riding on "Mr trend" and do not care for the mood of Mr Trend before riding on it. Most of the traders who loos sell the "dips" of up trend just thinking it a trend reversal and burn their fingers. The same mistake is repeated by the traders when they buy rally,s of down trend.

I will suggest you to Follow the rule of riding the trend and never sell when trend is upward, even you see a big downward correction. Just wait for the price to turn back and place buy order and avoid to sell on corrections. same for the downward trend. Buy the dips of up trend and sell the rally,s of down trend.

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repeating of mistake is not allowed in the Forex because it can be cause of loss, and we must see the technical and fundamental analysis, therefor the mistake once occur, must not repeat again

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Originally Posted by theniceone

repeating of mistake is not allowed in the Forex because it can be cause of loss, and we must see the technical and fundamental analysis, therefor the mistake once occur, must not repeat again

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each of us make mistakes we must seek the causes of our mistakes, this is true because with it we can learn as well as finding the cause of the error and we should not repeat it again, this will reduce the risk of losing money is greater.

Yap,You are right brother.I think forex is one kind of matter of pleasure.Before starting real forex trading we have to learn the basic rules and regulations of forex trading and then try with demo forex trading.If we success in demo trading using our strategy then we are able to do real forex.Forex gives us pleasure with excitement.Now a days i enjoy forex very much.

we should be able to follow every trend that happens in the forex market, and we also have to enjoy this trend by opening a position in accordance with the trend that occurred in the forex market.

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Originally Posted by Cowboy

yes!!!!..........it is true that..............!!!!;)..................most of the traders are losing in their trade.................!!!!they don't have good knowledge.............!!!....of trading........!!!.........we can ride the trend to profit..............but for this he needs to get good position in trade..................i see a lot of traders are losing here............!!!..for their greed!!....!!!:yahoo:

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I also think the same thing like you. The only thing to be success in forex trading is to follow a trading strategy with out any emotions and feelings. Ohterwise the trader must suffre in a long run.

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Originally Posted by vicky

Yes its true if we go against trend then there possiblity to huge loss if not put sl because trend is our friend and to make winning trade we need to with trend . but we always have to be careful when it turn to opposite and specially when price go very high or very low . at this point we need to careful always with sl and tp.

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you are absolutely right. to swim against tide is always risky and very hard to sustain if you don't have much energy. like this if we go against trend the we might have suffer too much. that's why we should try understand the trend. if trend is upward then we should buy if it is downward the we should sell. that's it!!