Stop loss ka importance?

[sgoythale]

learning must done by all trader,
this is the important key if we want to success in this business, i think is not only in forex, in other business is also learning is important. with learning we will learn new something and can improve our knowledge to be better.

---------- Post added at 02:57 PM ---------- Previous post was at 02:14 PM ----------

i agree with you friend, that we must learn from own loss.
i think loss become a good lesson to us, and without loss we will never realize that forex is too risky.
maybe for some trader can learn from other trader but i think most of them is learn from own mistakes.

[sgoythale]

i think is not 24 x 7 but 24 x5, because forex is holiday in saturday and sunday.
from 24 hous in a day, it mean we must trading in all that time, but we must find a good time to making analysis and make open position.
as a good trader we should manage our time also.

---------- Post added at 02:33 PM ---------- Previous post was at 02:21 PM ----------

yes, thats true friend.
we can trade 24 hours, but it mean we must always trade in a day. we must set and know the good time to start trading.
and also i think all people can trade, because the minimum of require capital is only 1 US dollar.

---------- Post added at 02:54 PM ---------- Previous post was at 02:33 PM ----------

good idea, follow from expert trader is good way for trader who have less time to doing analysis.
but as a good trader we should manage our time to making analysis, own analysis is better than you follow with other, with this way you will more confident and get a lot of knowledge from your own analysis.

[tamzidul3]

hi,
Forex is my hobby, and I love to tread . If I will gate job then I will still tread Because I love Forex. so job is not a facet for me.

[manish]

आप ने कहा कि तकनीकी संकेतकों के एक बहुत कुछ
लेकिन मैं संक्षिप्त हो सकता है कि आप सबसे अच्छा संकेतक के रूप में संकेतक के साथ मेरा अनुभव है कि तुम पर भरोसा कर सकते हैं
1 - Bollinger बैंड
2 - Stochastic
3 - औसत स्थानांतरण
4 - MACD

[aruna]

actually u can make money very easily from forex, if you be disciplined. make a plan and trade that plan, dont be greedy or dont get afraid. these greed and fear leads to changing of your pre thought plan, which at the long run can make you face losses.

[manish]

मुझे कहना होगा कि यह हमेशा था व्यापारी पर निर्भर करता है क्योंकि यह कुछ एक नौकरी के रूप में लेता है और कुछ यह एक शौक के रूप में लेता है, लेकिन व्यापारियों के सबसे हमेशा यह एक नौकरी के रूप में ले क्योंकि तुम हमेशा इस क्षेत्र से कमाने के लिए और यह कुछ नियमों के साथ आता है.

[sgoythale]

maybe can be called like that.
trader who can control theirselve, it mean they has been a good trader and i think they can make profit with easily and no load.
but to control ownself is very difficult, we need motivation and more experience.

---------- Post added at 02:30 PM ---------- Previous post was at 02:20 PM ----------

yes, so the good quality of good trader is who have discipline in their trade.
i think a discipline will bring a positive the other forex rules, i think we will apply money management and risk management as well and trading more relax than unusual.

[manish]

I think you should demo trade for at least 2-3 months and than switch to a small live account you can easily afford to loose and practise on that and when you are consistently profitable on that than only switch to a big account

[manish]

I'm a part time trader. When i'm free spent most of my free time on trading. In a working day i spent average 4 - 5 hours daily for trading . But during non working days i spent more than 10 hours for trading. But some time i try to target eastern session in the morning too. In such days i trade nearly 8 hours on a working day too.

[akshay1728]

To be successful in forex you have to be very careful and very experienced , if you are good at analysis and have good trading skills then you can easily get the trick of earning money from the forex