Hoping and Praying Do not guarantee success!

[moti]

yes you are right.for some reason most of the looser will do that,we really need a system that will tell us when to quit and when to enter.if we open a position based on a signal then we have to be honest to ourself if the signal wil fail that mean we have to quit back and wait for better position to enter.it is this simple.getting angry to the market or not accepting the mistake will not harm anybody but us.

[waqarme2]

not with these two things the people will earn money from the trading forex, you have to work for the trading and also learn the basics of the trading to understand it clearly and do it correctly, so i thing work hard and then hoping and praying, then there is a chance for winning in the trading.

[Forexboy]

I often do when I was still new to Forex trading. I often leave a significant position as floating and to close the trade when I receive very little profit. I hope I will have a float position and proved to be bigger and even served until exposed to a margin call.

[tajdarbet]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

nahi main app ki baat se mutafiqnahi houn main to jab bhi loss main ja raha hota houn to pray shuro kar deta houn or mugh ko sahi baat ha kafi profit ho jata ha los k bawajood bhi esi taran main to forex trading main umeed par he qaime he houn kioun k mugh ko umeed ha k main es main profit kama sakta houn kafi acha

[Techno]

actually.. hope and pray was so important. cz i believe only god that guarantee our success in this life. but the main problem here is not about do we need it??? but when to do it and ofcourse the adjusment in our mindset..
everyday that i pass always i start with hope and pray that god gonna help to gain any profit.. thats way i say that pray and hope very important.
so the main problem here not about do we need to do it or not... but its about when to do it and self adjusment for this.
cz ofcourse that if we realize in a wrong trade and keep our posistion same like we don't believe on god that give us feeling that we've take a wrong trade..

when we do the trading, we do still need to pray and hope.
but of course we still must comply with the plan that we created earlier.
so, when we did wrong in taking decisions and transactions have floating minus, we still have to cut loss. Do not expect in a time like this.

[Nabi Ahmed Gill]

Many traders keep repeating the same mistake: They take small profits and let the losses run.

Hoping that losses will become profits by waiting a �little bit longer� is gambling. It might be appropriate once in a while, but in the long run, it ruins every account.

yes of course hoping and praying guarantee ha is forum main ap ko sirf kcuh batoono ka kas kahal karna para ga ap ko emotion nahi hona chayia trading main ap ko both sara profit hasil hoa ga is main yaqeenan profit ho ga ap sirf or sirf price ka wait karan kam profit ko no dhoko ap hamassa zadia profit hasil karana aor ap yaqeeanan kamyab ho jaina ga.

[rahul]

bhai umeed or dua kernay sey kuch nehi hoti, market humary duaoon sey nehi chelti, hona wohi hey jo market ki merzi ho gi, humien bes market ko jitna acha ho samjhna chahiye apni analysis or strategies sey.. baki market per depend hey

[irfan]

Well praying is good and so is hoping but not doing any kind of analysis and just performing any trade or gambling in these markets and then hoping and praying might solve the purpose few times but most of the times you would end up in the losses. So hoping and praying is good when you have done your job properly.

You are absolutely right, only hoping and praying after gambling is not enough, we have to learn forex and we have to trade with full responsibility if we want to be successful in forex. In forex knowledge and experience comes first and hoping and praying works only when we trade properly with full responsibility.

[jai]

well, there is no harm if we always pray before trading. at least, this will add confidence menhadapi market. it is very difficult to accept the fact that the loss of our position. always use a stop loss discipline may reduce the loss is greater

[kaji]

yes, I often do that when I was still new in forex trading. I often leave a large floating position and like to close the trade when I get very little profit. I hope that I will come back floating position and proved to be bigger and even served until exposed to a margin call....