You are right my brother, to understand the forex market, you need to do a good market analysis and technical analysis and fundamental, and make a tracing pattern, and do not forget to see the economic news.
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I use bare trading strategy was primarily concerned with candlestick to know more about how the market psychology is playing and I think this is very good to make a deal.
my net was off for two days so i could not work on mt4 platform but when I logged in today I had 17 or so profit to withdraw so it was really great to have one more withdrawal in forex so I am happy that positive trend continue for me.
My daily trading experience is a calculated attemt each day to get or achieve a desired result, and it works right for me at the end of the day. Be consistent.
main dheere dheere trade karne main viswas rakhta hoon , jyada ke chakkar main loss bhi bade hote jate hain ,
mera 30 pip daily ka target rahta hai aur isse jyada ka risk main nahin leta .
A good and intelligent trader gain knowledge of every step in forex trading. When he loss some money or achieved some reasonable amount as profit, he learn more day by day.
once i made a mistake to trade standard lots of value $10 per lot from a very little capital, out of greed, and i though the market is in small range so i can manage to scalp bigger lots and i made profits for 2-3 trades continuously but after that i made a loosing trade and my internet connection didn't allow me to close it immediately and that trade ate up all the profit and a good balance also, since than i never practised this again as apart from the capital and your strategy many other factors can make your trading worse, like in my case it was internet connection and my greed
Yesterday i lost my all money for my greed.I made 50$ with my 15$ capital than i continue my trade and
lost 50$ this my tragic experience.Grasp all loss all.