I think we do not need to know from the point of it because we can use the book or the internet so that we can get the knowledge to learn about how we have to trade?Quote:
Originally Posted by even89
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I think we do not need to know from the point of it because we can use the book or the internet so that we can get the knowledge to learn about how we have to trade?Quote:
Originally Posted by even89
Loss is part of trading but we shouldn't depend on loss to gain experiences because it's very possible to get experiences although
I don't face any losses at all. It is good to learn from mistakes which caused losses, but it's good to exploit my good points in forex
so I can maximize profit.
loss say hi experience hona lazmi nae laykin na mumkin bhi nae. jab tak hum dossray traders say soontay rehtay hain kay on ko margin call hua hay, ham per wo asaar nae hota jab tak apnay saath aesa na ho. isi liay practical experience bohot zarori hota hay.
Here is my experience-- I start scalping at after 0900am market time. Before that I check economic calendar and use FFCal for news. If for eg at 855am Thereare lots of US announcements then the best bet is that USD will strenghten and eur/usd will fall. So, whenever trend begins to fall then I sell. That fetches a lot of pips.
I agree with your opinion that any loss that we experienced in the trading business it is an experience for us. so that we can be learning from those mistakes so that we do not repeat these mistakes in the future.
yes may be loss is way to get experience but not much many loser Usually blame others, blame trading systems and even blame the brokers , its cause a form of unpreparedness in traders concerned, if like this we can not make progress cause we do not try to look inward and began to clean in order to increase the quality of our trading.
there is no certain definition that what will increase your experience. but when you face loss then it will create a long term impact on your mind, that why are you facing loss and how you can remove it. it will help you to strong your experience.
Loss and profit is not a question.Question is all about you integrity and mentality of absorb loss.One who have that mentality to absorb the loss he can go far.But the core one is that he need to have intensity and hard intensity to know more and provide more time in learning.I think its the best way for success.
forex is a risky trading .so i think every trader are loss to face in forex .and mistake make losing trading .new or expert any one can make mistake and face to huge loss . so every trader are should to trade forex with sincerely
if we fall we should not blame others because it is a mistake that could make us a lot to learn and we will get the spirit of what we do when we want to try hard not to give up easily with the existing situationQuote:
Originally Posted by ismail trader