Daily Routine You Must Follow, Before Trade, During Trade & After Trade.

[moaj]

The news must be respected and listened to on a daily basis,people ignore the use and consult only technical analysis when they trade and they are usually slaughtered by major news events.I always end up MC in this day and why is friday always lost.

[Badawi]

Learn to always include the spread of whatever pair you are trading on in your stop-loss

the spread should be added only if your stop loss is too small or if you are trading with a scalping strategy but if you are a swing trader who take a TP of 300 and a stop loss of 150 then the spread will not affect you any way .

[password00]

Forex is a good job.Aik trader ko achay analysis ki zarorat to hoti hay mara bhai aur us kay baad aap ko achay risks kay saath trade karna hay in donon kamoon ko theek trah say kar lany sya aap ko achy results mil sakty hain.Good luck with your trading...................

[afreen.imran]

wa mere bhai ye app ne bohat ache ache baten ham se sher kar din hain ye app ne bohat acha kia hai es sy jo newbie hai on ko kafi mada mely ge q k on ko es tarha ki info bohat zarore hai nahi to wo jaldi kam nahi sekh sakty but app ka bohat bohat shokra

[sio]

we have to include the spread in any deal because it is very important and the spread effect the probability to win the deal special when the deal closed at less than 50 pip for stop loss or for take profit or the both.

[4daniel]

A forex trader must know that risks can be managed by knowing the amount of exposure that is there. Also if the margin is kept to the minimum, it proves as a helpful risk management strategy. And the knowledge of where risks can be taken and what amount of margin can be given to certain markets is another tool that will lead to reduced risks for the trader.

[zahangir17]

Forex is a good money making business.Very nice and informative post friend.poelekh ------------------

[sdrubel]

welcome to forex.great thread for newbie. you are right and you point is good. I want to add that before trading fresh your mind . and always control emotion. take a brake after a doing some failure or success trade. and read the market news daily.good luck.............................

[zahangir19]

Forex is a good job.I was introduced to Forex aware of the area by tackling a profit from the Internet, but I think in the beginning that he was aware of a very complex and can not easily make a profit from it .Be careful............

[haney]

that's right, and this is the safest way for trading to follow the trend and as you said here for point number 5,
follow the trend is the best way to make some profit on this business, but it is hard for to do, and until some traders will make a predicition for the market price,
and i wanna ask you, how to follow the trend with right ? can you share with us, and my opinion here is, i just have to see the higher time frames to identify the true trend