15 ways to avoid losing money.

[indianpk01]

is business ma work krna walu k lia ahy tips han ham agr inko folllow kran to jadl kamyabi ki tarf chal skta han jaisa kha wrong broker agr ham broker galt chosse krta han to ak trha k wrong road pa chal pda han dobra waps aa kr hma sahe side per jana pda gy bahetr yahe ha kha start ma knowledge ko isrtnal kr k acha chnao kran ..

[ijazco1]

its very well and nice thread for the traders if the read all of this then they can learn so much i also gain so much knowledge by this post, these 15 ways to avoid losing money is very effective post for the newbie and for the new traders..

[dufu]

I know that there are soo many people that think forexing is just a good way of loosing your many the but way is that you should learn before you can start tradeing that is the only way

[mudassar hussain]

ma forex ma new ho aap k point read kr k mjy pta chal gya ha hum forex ma money ko loss hone sy kisay baj sktein ha thans for giveing information about avoid lossing money

[salma4242]

there are 15 ways to avoid forex which are given below
Knowledge Deficiency
Most new forex traders do not take the time to learn what drives currency rates (primarily fundamentals). When some news or a statement is due out, they close out their positions and sit out the best trading opportunities; they are taught to only trade after the market calms down. So essentially they miss the whole move and then trade the random noise that follows a fundamental price move. Just think for a moment about technically trading the aftermath of a price move; there is no potential.
Overtrading - Trading often with tight stops and tiny profit targets will only make the broker rich. The desire to
just make a few hundred dollars a day by locking in tiny profits whenever possible is a losing strategy.
Over leveraged � Leverage is a two way street. The brokers want you to use high leverage because that means more spread income because your position size determines the amount of spread income; the bigger the position, the more spread income the broker earns.
Relying on Others Real traders play a lone hand; they make their own decisions and don�t rely on others to make their trading decisions for them; there is no halfway; either trade for yourself or have someone else trade for you.
Stop Losses Putting tight stop losses with retail brokers is a recipe for disaster. When you put on a trade, commit to a reasonable stop loss limit that allows your trade a fair chance to develop.
Demo Accounts Broker demo accounts are a shill game of sorts; they�re not as time sensitive as real accounts and therefore give the impression that time-sensitive trading systems, such as short-term moving average crossovers, can be a consistently profitable trade; once you start dealing with real money, reality is quick to set in.
Trading During Off Hours Bank FX traders, option traders, and hedge funds have a huge advantage during off hours; they can push the currencies around when no volume is going through and the end game is new traders get fleeced trying to trade signals. There is only one signal during off hours it is better to stay out.
Trading a Currency, Not a Pair Being right about a currency is half a trade; success or failure depends upon being right about the second currency that makes up the pair.
No Trading Plan � �Make money� is not a trading plan. A trading plan is a blueprint for trading success; it spells out what you see your edge as being; if you don�t have an edge, you don�t have a plan, and likely you�ll wind up a statistic (part of the 95% of new traders that lose and quit).
Trading Against Prevailing Trend There is a huge difference between buying cheaply on the way down and buying cheaply. What was a low price quickly becomes a high price when youre trading against the trend.
Exiting Trades Poorly If you put on a trade and its not working make sure you exit properly; dont compound the damage. If youre in a winning trade dont talk yourself out of the position because youre bored or want to relieve stress; stress is a natural part of trading, get used to it.
Trading Too Short-term If youre profit target is less than 20 points, don�t do the trade; the spread you pay to enter the trade makes the odds way against you when you go for these tiny profits.
Picking Tops and Bottoms � Looking for bargains works well at the supermarket but not trading foreign exchange; try to trade in the direction the price is going and your results will improve.
Being Too Smart - The most successful traders I know are high school ****uates. They keep it simple and dont look beyond the obvious; their results are excellent.
Not Trading Around News Time Most of the big moves occur around news time. The volume is high and the moves are real; there is no better time to trade fundamentally or technically than when news is released; this is when the real money adjusts their positio

[lourent]

Certainly that There is so many ways to avoid losing money in the Forex Markets as a traded. First of all you should practices on the demo accounts. After this learn more and more regarding the Forex Markets. Avoid the mistakes during the trade. Consul the senior members if you have any problems !!

yes the most important is to learn more and more if we make mistake in the trade, there is no need to worry of losses in forex, all traders will experience it from beginner until expert traders. So you shouldn't be afraid to trade after you loss, remember if traders could experience profit and loss in forex so the reason why to trade after loss, to recover our losses and to gain our confidency in trading.

[teeilys]

Forex is most popular online business now a days.i really think the more we get to understand our technical analysis the more we can always trade and earn profit but most Forex trader.

[neuntri]

Forex is most popular online website where people can do online business and earn a lot of money. I think they just follow the direction of the market created by the movement of the trading banks because they do not use indicators.

[rtijel]

I think Forex is most popular and profitable online business now a days. I think when they touch the stop loss position back turned towards the price they had predicted. But many cases prove that no harm trader can stop losses.

[dkdaolwa]

Certainly that There is so many ways to avoid losing money in the Forex Markets as a trade. First of all you should practice on the demo accounts. After this learn more and more regarding the Forex. Avoid the mistakes during the trade. Consul the senior members if you have any problems really !!