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From my point of view, daily profit and lose is the daily experience. the day before yesterday i take profit much but the previous day, i loss some dollar. that is my daily trading experience. My daily trading experience will be high if i trade regularly.
yes every day I had an amazing experience, many of which had done as some people in the trade, that experience will always grow where every day will be more and moreQuote:
Originally Posted by s19
Today i learned about method of money management and I also learned about margin,free margin,used margin and margin level.So we can say that every day we learn new things about Forex trading which is more useful for Forex trading and can get more benefit from Forex.
I don't know if its going to work every single time but I am planning to try this out. I am opening position according to stoch indicator. When it shows the market will be moving up, I buy, and when it shows it will be down, I sell. Some minutes ago I started my first trade of the day. Now the trade is in 2 pips profit, hope so the day will be fine for me. My target is about 80 pips for today.
patience and experience is a big problem for Forex, but we will be bothered by these problems at all. I say this because it is a problem that will be able to manage. See all the pairs of disciples of currency on the behavior of the market and analysis.
i have some excellent and bad encounter. Daily i understand new factors from my errors and i try to not do it again them again in my dealing so everyday there is a task for me to obtain more and more than past day. wise just do not sit in front of market for longer as you can make changes due to emotions so control is better.
I have recently been keen to FOREX and started reading throughout internet about it. Then, I wanted to kick start to test and possible live on trading later.
I started practicing with FXCM MICRO $5000 demo account. I managed take the account to $6700+ in just one day (I was trading continiously). Then, I decided to start from $340. So, I took loss and took the account to $380 and started trading. I was taking small profits like $1, $2, $5 or even $0.33.
LATER AFTER 2 DAYS PRACTICE DAY AND NIGHT.
I opened an account with FXCM MICRO and deposited my first real $300.
I traded and took profits like $0.33, $1, $7 and so on. and took this account to $425 in just one trading day.
The next day, I started trading again and the market is against me. I kept on shorting untill the margin call kicked me out to $265 and then I GOT AGGRESIVE and wanted to recover the loss. YET I LOST ANOTHER round there and my account fell to $69 and kept on going lower and lower to $35 to $12 untill I added another $280 dollars.
and took one profit of around 25 dollars. So my balance was $312+ and then did not take $28 dollar profit instead i was looking for more (GREED) and ended up looosing around $65.
NOW I am sitting at $245 with a 25K buy of USD/JPY at the current market price.
What do you think of my experience ?
Please give me Suggestions on how I can make consistence profits ?
What were my mistakes ?
Will I be able to make profit from my ENTRY of USD/JPY ?
More comments and suggestions please.
mera daily ka experience bht acha ha me har din kam kr k bht kush hoti hn kun k ye bht hi asan kam ha or me bht relax feel krti hn is kam ko kr k ye bht faida mand ha mere liye.me har din kuch na kuch sekhti hn or mera is se experience or barh jata ha.
Hey dude im the daily trader in forex market so by the daily trading i have gain more experience about forex market which must help me to become successful trader in forex market also daily trading help me to achieve my monthly target...
Yesterday i traded with USD/CAD and made handsome profit. But i took long position and market was about to touch my take profit. But i wanted to get more profit and increased the target. Lately, i had to lose the trade because the market went to against me.
For me I made a bad decision as a result of the over confident against the analysis I made, but after the taking the decisions, the prices movement as opposed to my open positions until finally touched the stoped loss, but I realize that loss is the consequences of the mistakes I've mades really !
Forex business bht hi helpful ha ham sab k liye is forum me kam kr k me bht kush hn kun k ye bht profitable business ha.mera har din acha guzarta ha is k sath me bht satisfied hn kun ye bht relaxable business ha mere liye.ye pori duniya me phela hua ha.or is ki bht demand ha.
i trade as i trade with my real account. i think if we have less amount in our demo account we can learn two thing very well. earned good amount of money from forex market.
Indian forex is agood job..................................mera kal ka din kafi acha gaya...almost saare curremncy pairs USD ke smane weak padte dige aur maine USD buy kar kar ke kafi achi earning kar li...
USD kafi time se thdoa weak chal raha tha aur kafi pairs apne high pe the..
lekin kal sham ko USD thdoa strong hua aur baki pairs tuut gaye incluing oil........................ok thanks.
alright thanks very much for your analysis and i will so much like to know more about your strategy because i will like to trade based on this analysis and if only i can get a clear signer to make the best profit out of the market
Gross daily trade criteria ha ... During the session they are bad / good for making a decision ...
Please share your experience with us daily trading
You know what today is? ....
his training again or ...?
for me , my trading in this business helps me to increase my experience every day and know more basics . also trading in a demo account beside my real trading allows me to test new strategies to find the best of them and use it in my real trading to increase my profits .
It is a nice post for all trader.Hum daily trade korta ho and mariko daily new new experience hotahe.aap ko jetna expreience hoge aap uthna profit korege or loss hone ki chance komege.Many many thanks brother for share your nice post.
Mera forex trade mein zayda experience to nahi hai main trade main 3 sy 4 ghanty kam karta hun aur es mein ezafa karne ki try kar raha hun umeed hai es mein kamyab ho jaon ga es liy main es mein mehnat kafi kar raha hun aur ager hum es mein zayda kam karen gay hum ko trade ka zadya pata chaly ga.
i am a new comer in this field , and my experience is that i can earn money out of it while putting very less effort of mine ... and this is actually a good experience for me
i think often trading seem to be many hard and sometime more easier. We never know what leave befall. We gift never screw what we faculty change when we give go for the trade. We rightful try to sort sure that whatsoever the industry trends are we necessary to alter beautiful profits. It has been bimestrial time since I person been trading and I had lots of bad life as substantially as nice life.
In forex i am trading daily and everyday i am learning new new experiences from here. So every day we take some good or bad decision and that play very important role on trading. To day learn about the copy trading
Like a novice, I needed the feeling within the stock exchange, manufactured prior to, but currently this current along with long lasting. / Investor situation. Receive positions ultimately, and that they imagine receiving my own persona or perhaps watch for TP or perhaps SL.
welcome to forex.i opne a new demo account and make its margin 137$. now i trade as i trade with my real account.
i think if we have less amount in our demo account we can learn two thing very well.. money management and emotion control ( little bit ).like job....................................
Trading experience is also as more and more important by using this experience you can make some good and great profit easily without you can't make profit so for making some good and great profit you will just need to take this place and when you can complete it really after then will be profitable from here easily.
Just continue to monitor everything about how the operation of the foreign exchange transactions market trading, and you will get to develop your patience .... lack of patience and experience is a matter of dealing in foreign currencies .... But we are not bothered by the problem at all.
Experience is important in Forex trading and we are all trying to gain experience day after day because they make you enter transactions in the correct decision most of the time unlike the novice..
to this day I try to trade with EA and it made me smile a little at the beginning, because the placement and settings that are less appropriate sagging end to make my trades. better if we can trade manually without the help of a robot, but I am learning today is something I need to be used carefully in earnest.
i just posts for make a capital
and i agree with you so i earned from this forum and every post i write and every post i read from other member
Our experience extended time to time. as you know when some one join Forex they didnot get the experience immedilty, they need to spend much time on Forex to leanr more and more to extend the experiene, now i feel i have good experience that is why i came out and invest here for proper trading
Not easy earn and get money from forex, many traders fail to succeed because they always want to make a huge amount of money from their trades. It is not a good idea to think like that in any existing business.Quote:
Originally Posted by lotfi2528
yes it seems to be in uptrend now because the crises in the europe is now ending and i thing this uptrend will continue now if any crises does not occur in any country
aaj maine demo account mein $300 ka profit kiya kyunki aaj maine bahut hi high volume use kiya aur maine bilkul sahi trading ki isliye mujhe profit ho saka.
i think so ,euro will raise till the end of year 2013 ,i sure it ,if you see in the monthly chart they are oversold chart and then now he wanna make it like what in 2008 happen but now it is to above not to belowQuote:
Originally Posted by jack200
"We need twice the amount I thought of writing and traded as a real business can learn a lot of things well.
Among the bad decisions taken by is that I was in a bad psychological state and entered the market and opened the package, but I did not succeed because I was confused thinking I could not make the right decision.
Psychological factor is very necessary to open forex positions.
mare as time daily trading ka kafi experience ho ga ha per ma abhi bhi experience hasal kar rah hu knoik jab mujh experience nahi ho ga ma ek achi trading nahi kar sakta hu.
Hello It was a good experience. But even better if you can share or share your experience with the share trading strategies. If you can consistently profitable, then you'd better share information about trading with others on this forum.
yes, i think all things that we experience is good experience, even we get loss or margin call, i think it still a good experience, because we can learn many things from our experience and that much experience will makes us better and have better trading skill and better trading strategy
Yes, it's nice. And want to know the students just like us here, gathered most of the members. Need to make all the mistakes and losses in their funds. And have to overcome his mistakes for best merchant.