15 ways to avoid losing money.

[championtrader]

If a trader in forex marketing ploy all the rules and regulation and maintain a discipline then there are many chances that he will get the high profit at the end of the day and that is why all the Forex trader here so you must have a good trading plan and you must avoid same mistake again and again

[nur5564]

dear trader the more and more you win the forex tarding you ahev to work hard in oder to becoem a good atrder you ahev toi practise on the demo a lot and alot and you are in teh huge profits in the market that you cant think

[shekhar]

Your personal skill helps to avoid loss in some manner when you make a good plan , act upon it and manage risk well. And thing that helps you is a good Broker they will not steal your money , there dealings will be fair. As ****** are regulated and trusted broker. I never loose money with them as most of the people complain that transactions are not in time they face re-quotes.

[ramesh.maurya]

if every trader read this topic and ssve that 15 advices strongly in his mind ,he will be avery successfull trader whatever his strategy say
so to keep profit in that market keep knowledge

Ji ha dear apne bulkul sahi kaha hai ki yadi sabhi log en 15 advice ko carefully watch kare aur use trading karte time apply kare to vo big loss se bach sakte hai aur hame demo account per jitna ho sake trading ki pratice karna chahiye jisse ki experience hasil hota rahe.

[Fxwin]

Forex trading karne ke liye aapne yahan jo 15 tips diye hai wo sabhi tips achche hai aur koi bhi forex traders ess tips ko follow karta hai to usko achchi profit ho sakti hai, Aur ye sahi baat hai ki loss ko kam karne ke liye forex traders ko pahle forex learn karna chahiye.

[Murithi]

I don't think think that you can have that so much misstatements and mistakes that you can trade with very little you have to note �9�5 your mistake so you go and for me there are some that I know of I like cutting trades very early in the and I do regret it later because it goes well

[fxearner]

Haan bhai Emotion ke wajah se humare ko yaha par kafi jayda loss ho jata hai bhai, emotion ko control karke trading karenge to bhai, loss ka samna karna hi padta hai, acha hota hai bhai ki hum emotion ko control kare bhai.

hanji yahan forex ke business me emotions ko control karna bahut he jaroori hai,emotions ko kaabu me rakhte hai to trader ko pata chalta hai ki yahan kaise kaam karna hai,trader fir uske baad yahan plan ke saat bhi kaam kar paata hai..

[ramjan ali]

Very nice post For All. Actually If anyone maintain the money management, use SL / Tp, Don't be greedy, Just Proper practice, Be aware on News time, Do not depend on Signal. Thats all for a primary trader.

[Bigboss]

15 ways to avoid losing money
1. Wrong Broker : A lot of forex brokers are horrible; get a good one. Read forums and chats in several different places to get an unbiased opinion.

2. 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.

3. 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 you 're trading against the trend.

4. 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.

5. Not Trading Around s 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 positions and as a result the prices changes reflect serious currency flow (compared to quiet times when bank traders rule the market with their customer order flow).

6. Ignore Technical Conditions : Determining whether the market is over-extended long or over-extended short is a key determinant of near-time price action. Spike moves often occur when the market is all one way.

7. Lack of Confidence Confidence only comes from successful trading. If you lose money early in your trading career it's very difficult to gain true confidence; the trick is don't go off half-cocked; learn the business before you trade.

8. 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.

9. 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.

10. Relying on Others : Real traders play a lone hand; they make their own decisions and dont 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.

11. Too Many Charity Trades : When you make money on a well thought-out trade, dont give back half on a whim; invest your profits from good trades on the next good trade

12. Too Much Detail : If you are trading more than 2 indicators, then you need to clean house. Having many indicators stifles trading and finds reasons not to trade. A setup and a trigger is all you need.

13.Overconfidence : Trading is not easy; statistics show a 95% failure rate. If your doing well dont take your success for granted; always be on the lookout for ways to improve what you 're doing.

14. 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.


15. Rumors : Rumors are rumors almost 100% of the time; think about where in the motion you heard the rumor. If EUR/USD is up 50 points in last 15 minutes and the rumor is dollar negative, well then you missed it. Whenever you trade, determine where in the motion you are entering.

Hope its will help all of you..

---------- Post added at 03:24 PM ---------- Previous post was at 03:20 PM ----------

Of course, a Doji could be formed by prices moving lower first and then higher second, nevertheless, either way, the market closes back where the day started.

---------- Post added at 03:25 PM ---------- Previous post was at 03:24 PM ----------

In a Doji pattern, the market explores its options both upward and downward, but cannot commit either way. After a long uptrend, this indecision manifest by the Doji could be viewed as a time to exit one's position, or at least scale back. Similarly, after a long downtrend, like the one shown above of General Electric stock, reducing one's position size or exiting completely could be an intelligent move.

Apne kafi achy post shares ke ha yaha 95% tak trader sirf loss karty ha or wo khty ha ke iske waja ye ha ke forex theak nai jabke aisa bilkul nai ha unko loss unke mistake ke waja se hota wo rules follow nai karty ha

[AnsaGee]

Firstly, we should choose a good broker to trade with because if we haven't a good broker then we can't sure that our money is save and all of our profits. The reliable such as InstaForex we should choose to trade. I think this is the more important for a trader.