Forex trading sy ap rozana profit kama sakte ho but is k liy ap ji jan se mahnat krna ho gi aur demo account ko b achi trah samjna ho ga aur basic study b krni ho gi profit kamanay k liy
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Forex trading sy ap rozana profit kama sakte ho but is k liy ap ji jan se mahnat krna ho gi aur demo account ko b achi trah samjna ho ga aur basic study b krni ho gi profit kamanay k liy
It is the Fact that Forex is a very risky business, when you are new in this you thought that there is just loss in Forex, we can't make profit in this sucking market, but it is wrong, i bet with a hard work of 3 to 4 years your almost everyday will be a profitable day, I know many big traders that are making huge money everyday. so in Forex market you need time to develop good skills.
If Forex is useless then why people are so crazy about this risky business? its mean that there is a lot in this business. ;)
There one big secret. We think that the big traders make profits all the time. But it is not so, In fact Very big traders lose money in huge amounts in some of their positions but they recoup it with the wins in other positions or following trades so the overall picture is always a profit. Winning and losing is a part of this business. Every trader doesn't win daily they have bad days too. And those who have less bad days are making more profits than those having more bad days.Quote:
Originally Posted by Rohail
for me it's better to monthly target than daily target
if we force to achieve daily target our emotion can take over when we still in loss condition until london session almost ended
It's very difficult to be profit in every transaction, some time you win but also loss.
I'am sure isn't imposible to make consistent profit daily.
There is always opportunity in forex market every day, just change it to profit.
Daily profit is not impossible. In fact most of the good trader make profit on a daily basis, But bad days do come to all traders irrespective of how successful they are. And these bads days are few in case of good traders and many in case of beginners, thats the only differenceQuote:
Originally Posted by sanjeev
There is simple solution for newbies that they should set their targets at low and with time they will be shifting to group of good traders which are having more good days. Then they can increase their target as they will be having good capital as well.Quote:
Originally Posted by mayengbam
daily profit is possible in forex but it depends on market condoitiond and also the amount of profit can also vary, like in volatile condition's i can make small amount of profit with scalping and in times of smooth trend then i can make big profit, the thing stays that i can make profit everyday less or big but also loss happens sometimes and then i strive on such days to recover that loss.
Forex trading remain open from Mondays to Fridays continuously and during this time any trader can trade and it is quite possible that traders can earn profit daily except Saturday and Sunday.Quote:
Originally Posted by Victoryindia
It is not possible to achieve profit in every trade but if you do multiple trades in a day and the sum total of your trades is profit that means you can make profits everyday.Although you need to work very hard for the same.Quote:
Originally Posted by sanjeev