Sometimes I trade on the tips of others provided that it is with considerable experience in trading and has the results are good and sometimes I have been practicing without trading tips on the market if it was clear direction
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Sometimes I trade on the tips of others provided that it is with considerable experience in trading and has the results are good and sometimes I have been practicing without trading tips on the market if it was clear direction
I agree. As a trader has to buy or sell in a market by his own; so analysis has to be done by him. For a beginner its very simple to rely on others analysis but as soon as a trader knows well about market movement he has to make his own analysis. Whatever the result is, failure or success- trading on own strategy builds confidence.
it depend on day some time i am not able to look at market whole day and my boss advices me to place a lot i go for it but most of the time i only place a lots on my own analysis or news regarding forex market. technical analysis help me to understand move of market also i just take idea from it or other source which my office college fellows.
I borrow advise from the older trader and the expert.But,I do not follow them blindly.I apply my knowledge on my demo account first.If several times it gives better result,then I apply it on my real account.
nahi ji main to app ko yahi kahon ga k app ko kisi or k analysis par aamal nahi karna chiye kioun k forex trading main na sirf apne he analysis se he faida ha app k apne analysis se app ko kafi profit hota ha or app ko loss nahi hota ha main to khud k analysis karta houn or profit hasil karta houn
I still use the results of my own analysis, and whatever the outcome I am trying not to regret what I did,,
because my analysis is not always true, then I still have to learn to improve and develop trading techniques that I have ....
we trade not to deal depending on others tips. i just take into account others tips but is not deal depends on that will. and we in no way think twice others tips. think and deal in line with the tips tend not to use the item coming from other.
I think that Its not bad to follow remaining advice but we bonk to make a strategy of our own from those and for that a straitlaced disposition and knowledge of Forex is a staleness.From others advice at minimal we can copulate that how people are thinking and if we possess enough vindicated air about the trading market,easily we can attain out the best from that.
Yet nothing but i never borrow analysis from other. That because i know participate when additional people analysis sometimes base and againt the market moves. And i tally assured as trader to trade with my self analysis . That what accomplish us locomote to next steps in trading group.