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Yes, you are right and ti is the best requirement for sustaining in Forex market. Consistent profit is more better than the huge profit. If any trader want to make profit in consistently from this market then need to follow proper money management and sufficient knowledge about this market.
Well, personally they way I trade, I don't aim on making some little money on a daily basis, but I do aim on making some little profits monthly that is what I am cool with.
Trading on forex I think should depend on your trading skills and knowledge and also the way you have learned the business.
The forex is international business all over the world who can success all over the world . The forex will earn good money here who will success here if the good trader here easily to doing very interesting way . It is the interesting to even easily to doing easily way.
agar hum forex mai yahe cheeze he acaha tarah samjh lain tou hamary pass koi big problem nahe rahti hai traders aksar greedy ki taraf bhut jald a jaty hain jo k bilkul bhi wrong hota hai humy daily profit make karny ki strategy zrur make karni chayay magar yai bhi bat mind mai rakhny ki hai k agar kabhi trend na mily tou koi masla nahe hai..
ha mai yhi sochta hu ki chota profit bna ya jaye pahle jisse hamko bhut easy ho pesa jyada dubne ka chanse bhut kam ho jata h aur hamko khub dher sara profit ho sakta h mai to dher sara profit bna chuka hu aur mujhe bhut sa sikhne ko milta h.
Yes, you are right dear, we must keep our earning in small profit everyday rather than earn big profit and finally it wash out our earning profit and all our hardly earn capital. Please ensure that and think about it carefully.
agar trader chote profits bhi le raha hai to trader yaha par kafi achi trading kar raha hai kyu ki profits lena bhi asan nahi hai aur usse trader achi trading kar payega agar chote profits bhi le raha hai to aur experience bana payegaQuote:
Originally Posted by blsingh33
trader agar yaha par ik target make karny ki try kary tou achaa hai yaha par magar kafi log yaha par ise leyay humy yaha par is mai greedy k bary mai nahe sochna chayay kio k yai correct nahe hota hai hamary leyay humy khud sai he is cheeze ko samjhny ki zrurat hoti hai always aur tabhi he best rahta hai...
Yes thats very true, Aim, for consistent profits and make sure that we have the best in everything that we are trading, but its sometimes a pull back that we are not able to understand what is the very trade that will earn us something so we can be pron to falling from the markets integration and success. Aiming should always be followed by dicipline and hard work.
Money management is the key to growing your account at a consistent pace, Money management in Forex is really very simple, you will need to master the above two points before it becomes effective though, Money management is concerned about protecting your account and through that defensive action slowly grows your account by increasing the position size of your trade