Advantage of partnership Forex trading.

This is one of the most important tip every new comer should follow..
Try to trade in forex market in groups because there are lots of studies which have to be done properly before opening any deal.

but in my opinion, the forex would be better run ourself without the intervention of others ..
because if we cooperate with other people it would only be confusing, a lot of different opinions and this could lead to a discussion so that we too late for the OP

but in my opinion, the forex would be better run ourself without the intervention of others ..
because if we cooperate with other people it would only be confusing, a lot of different opinions and this could lead to a discussion so that we too late for the OP

Sharing of knowledge and ideas is the real benefit. I don't consider the low risk is a benefit of partnership trading because the profit is also low. You will be getting profit and loss on basis of you share, so this is not the real benefit.

You have highlighted the main difference between group and partnership. I prefer to trade in group rather than partnership. In Partnership, I have to share profit which I don't like. It is right the same will be for loss but it will be at my own decision.

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Originally Posted by netra

You have highlighted the main difference between group and partnership. I prefer to trade in group rather than partnership. In Partnership, I have to share profit which I don't like. It is right the same will be for loss but it will be at my own decision.

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Rightly said netra, there is a difference between group trading and partnership trading. I also prefer group trading but I don't like partnership trading. Like you said we have to share profits which many of us don't like to do. But in group trading you are on your own to follow trading signals and make profits for your self only.

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Originally Posted by mayengbam

I dont agree with trading in group, there will be so many comments, so many analysis and so many discusions to open a position and i think its not a better idea.

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I don't support your opinions and views that you have towards partnership trading. I would say partnership trading as the best type of trading. The involvement of risks, pressure, emotions, etc are very less in this trading. The plans, policies, strategies and decisions made in this trading are mostly strong, wise and almost perfect. Even if the loss occurs in this trading, it is shared equally within the partners which helps to reduce the bad emotions. One can learn and take useful advises from other traders if he wants to. Overall, if the co-operation and understanding is good between the traders(partners), they will earn mostly and loose rarely.

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Originally Posted by chirayu

Trading itself is more free, but sometimes we do not have good emotional control when you see the price movement that does not comply with our OP. But if the two people or there might be a mutual partnership remember each other.

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The advantages of doing partnership trading is that the risk is spread amongst the partners.Also the capital is more as all the partners contribute.Also the advantage of a partner is there who is good and experienced in this trade.

partnership may have some advantages but you will have to share the earning too that is a disadvantage. I think it is much better if you solely remain responsible for all your trades and enjoy the profits also. Partnership may also create some conflicts among the partners. I do not like partnership trading.

trading in a group is not the best idea according to me coz there will be so many drifts in the strategies and ideas and analysis, and it will be pretty difficult to get to a common point in the trade4 orders as to lot size and all those decision's, there will be a lot of confusion and also we can do one thing that we can be in touch through friends and share experiences as we do here on th forum and better off trade individually.