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absolutely my dear in fact, I clearly think there is no double that better then wrong trade is to wait for a right trend that gives good profit rather then taking a losses if traded in hurry gamble in today,s time is just foolishness when you have so much knowledge and data available so that you can take right decision
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When there is no clear trend in the market, the investor has a wonderful opportunity to rest and avoid trading. The reason is to avoid making a bad decision. To buy or sell a currency pair, the investor must be absolutely convinced of that decision. Indecision can lead to failure.
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absolutely my dear in fact, I clearly think there is no double that if i will not see a clear trend whole the day then i will wait and dont do the trade until the trend is not cleared and then i will look for the strong trading set up and then i will enter in the market because if trend is not clear than it is better that stay away from the forex trading.
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Day is also a clear trend in the market should rather keep to yourself. It is very dangerous to trade at a time. When it is going to be a clear signal that it can create a good and strong trend. I've been trading with Pakistan in such circumstances. I see this as a market we can observe a convergence in BB. And when he was in his order began to diverge.
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The important condition to be a trader is patience. If you are out of your patience you will loss. In this situation we uave to take patience. If there is no clear trend in this codition I never take any risk. I will keep me away from trade untill good position of market.
---------- Post added at 10:58 AM ---------- Previous post was at 10:54 AM ----------
The important condition to be a trader is patience. If you are out of your patience you will loss. In this situation we uave to take patience. If there is no clear trend in this codition I never take any risk. I will keep me away from trade untill good position of market. Those who do not have any control over their emotion, or patience will face a great loss.
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No problem agar traders asi situation face karty hai tu traders ko wait karna chahye.Me asi situation me wait karta ho our next day trading karta ho.Jis say me trading me loss say bacha rahta ho our market me achi trading karta ho.
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i will not trading on which pair if i can not notice clear trend on forex market so i will try to trading
on an additional pair so i tend to make profit consistenly and i do not have to think hard to analyse the actual market.
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I would not trade if I did not find a clear trend, because when you trade without knowing the market trend that is a blind trend and you dont even know where the market will go, so its better to avoid trading when you see such situation, wait for the best situation and timing to have fruitful trade.
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if there is not clear trend whole day of course i will wait until i get clear trend about market i can wait two days or more until i am sure about market to earn good profit but will never be in hurry to open trends wrong
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when you read the forex fundamental deeply and get the required experience , then you will come to know forex market is all about patience and hunting the pips and i have seen traders who are taking 1-2 traders on the weekly basis and making a very high lucrative profit from it.