Things we need to watch when making a trade decision

[FXplayer]

There is nothing wrong with the price action trading system, i even know many traders that are using it all alone without using any indicator or other trading system with it. And of course, no trading strategy can stand alone without the good use of the trading management and plans as you have said. Also, the psychology of the trader must be intact.

[FxAbby]

Making analysis surely will be very crucial but we need to know that not all traders are good anyway in making a lot of analysis. There are some trader that might got the experience so they can do it rather easy. But there are limitation about psychology condition that readied themselves to accept any loss that might happen in the market as well.

[FXplayer]

Price action is a good method of trading buddy, but yeah we have to follow many other things too in our trading but our anaylsis play an very crucial role to get a good trading result. Since last two year's I am working upon my trading system, planning, and management but I have to give more year's to make my trading psychology more strong I am still weak about controlling my psychology.

[FxAbby]

As prepare of the better decision on submitting of numbers of risks on working with the requests of order as managing use of evaluation on defining of chance to calls of the best on points with the exit level as securing returns of profit with the excess of manage as running of the good trading works of the fx arbitraging business.

[FXplayer]

When a trader make his decision on giving trade then he has to make his sense in the position in the market next position and also have to decide that .Always look the market condition and look the situation of the market.Use skill on doing trade get profit,.

[FxAbby]

That's right. There is no one who can be successful in this business without knowing market's movement and how to take advantages on it. Knowing market's movement here doesn't mean that you will know for sure what will happen in the future but you should know tendency of market's movement from indicators, price action, or reading news. There are many tools to be used for knowing it so you need preparation in your trading plan to be successful in this business.

[FXplayer]

All the above mentioned tips are valuable and we should trade after observing all these tips, I want to add one another thing that we should not feel fear, we should take the bold decision. We should make the good trading strategy and then should make a decision fearlessly in order to get the fruitful result from this business. I also trade carefully as I know that forex is risky and tough business and trading blindly can cause the reason of failure.

[FxAbby]

Thanks a lot for this post.I agree with your comment.Before giving a trade in this market must think what should do.should think three important matter.One is risk management next is market price action and then have to think money management.Do not give trade before thinking.

[FXplayer]

there is no way the trader would make success without knowing the system that would be giving him the clue of what he is doing and what to do next in the market. And as you have known, it is better for forex traders to be well independent, there is no way they could do that when they have not devised their on way to trade.

[FxAbby]

I am a new trader in Forex market.I do not what have to do before start a trade in Forex market.But I think should know more about this market and moving condition about this market then start trade in this market.Before giving a trade a trader must have to be cool mind.