How To Be Consistently Profitable in Forex Trading.

[sura]

All successful businessman tracks their own and their company’s performance.
This also applies to successful forex traders.
You must have a proper and systematic way to track your trades and your success.
So that you can see if you are on the right track to success or if you are not even on the track..

eliminates the difficulties of this great ambition I've ever felt before, so until now still haunts our ambition to continue to try everything to make reprisals against some of our account to meet margin calls already .. (this is what we notice and we should avoid as much as possible any way as long as we can withstand the turmoil ambition that leads to a negative trading)

[newentry]

well this is big prolem if the trader make losing with consistent and they have to change and fix all the problem and complete them as well as they can do, and it means that because they have serious problem with their trading ( make loses with consistent )

[manibhai2012]

Very nice sharing sir keep it up you are doing a very good job sir, I think if every body included newbies and professional trades stuck with their own strategies and make good plans than they will never ever loss in the Forex market this is only according to my experience.

[nurhidayah]

you are right, most difficult problem is to adhere with our trading system that we have. especially for beginner, large ambitions to get big profit will be difficult to remove. and it's always to damage rule of trading system itself

eliminates the difficulties of this great ambition I've ever felt before, so until now still haunts our ambition to continue to try everything to make reprisals against some of our account to meet margin calls already .. (this is what we notice and we should avoid as much as possible any way as long as we can withstand the turmoil ambition that leads to a negative trading)

[evostaff]

Here are some simple ways to track your forex trades:
Firstly, you have to just focus on just 1 forex trading strategy at 1 time.
You cannot trade different forex trading strategies together at 1 time, at 1 account.
If you do that -
My question to you is:
How do you know which forex trading strategy is working for you? And which is not working?
Therefore, start trading 1 strategy at 1 time.
Be specific on the strategy and do not deviate or change random stuffs.
Eg. changing the way you enter, exit trades etc.
It has to be consistent all the way.
So run this strategy trades for 20 trades.
At the end of the test, what is your account status?
Are you profitable, breakeven or negative?
Then ask yourself, did you change anything along the way, among the different trades?
eg. the lot size is different, or you should not have entered a certain trade, but you entered anyway.
If there is a deviation – a change,
then you have to restart the entire test.
By using this method of tracking, you will be able to clearly see whether the forex trading strategy you are using is working for you.
Forex Trading Strategies – How to be consistently profitable in forex trading

Besides, i will recommend you to take screen shots of the trades you entered.
This way, you can review all the 20 trades you have entered once the test is completed.
And you can clearly see what are the mistakes you have made on some trades and what are the things you did right on certain forex trades.
This method will prevent you from repeating the same mistakes again.

you are right, most difficult problem is to adhere with our trading system that we have. especially for beginner, large ambitions to get big profit will be difficult to remove. and it's always to damage rule of trading system itself

[kalponick]

You just need to stop consistently losing in your trades.. thats it.. If you just know why you are losing.. then you will find out how to make profit.. So dont take your losing lightly.. they could be your dark horse in this race..

[nurhidayah]

Forex Trading Strategies – How to be consistently profitable in forex trading

FOREX TRADING STRATEGIES

I always get the same questions from forex traders around the world:
“Ezekiel, I can’t seem to be consistently profitable in forex trading”
then they may follow on by “I know my forex trading strategy works.. but i just can’t get profits month after month..”
These are the questions that i get frequently. And this is my general answer to them.
I will usually ask them back:
“So, are you keeping track of your trades?”
You see, to be consistently profitable. You cannot forgo this important step.
That is TRACKING.
All successful businessman tracks their own and their company’s performance.
This also applies to successful forex traders.
You must have a proper and systematic way to track your trades and your success.
So that you can see if you are on the right track to success or if you are not even on the track..
Forex Trading Strategies – How to be consistently profitable in forex trading

Here are some simple ways to track your forex trades:
Firstly, you have to just focus on just 1 forex trading strategy at 1 time.
You cannot trade different forex trading strategies together at 1 time, at 1 account.
If you do that -
My question to you is:
How do you know which forex trading strategy is working for you? And which is not working?
Therefore, start trading 1 strategy at 1 time.
Be specific on the strategy and do not deviate or change random stuffs.
Eg. changing the way you enter, exit trades etc.
It has to be consistent all the way.
So run this strategy trades for 20 trades.
At the end of the test, what is your account status?
Are you profitable, breakeven or negative?
Then ask yourself, did you change anything along the way, among the different trades?
eg. the lot size is different, or you should not have entered a certain trade, but you entered anyway.
If there is a deviation – a change,
then you have to restart the entire test.
By using this method of tracking, you will be able to clearly see whether the forex trading strategy you are using is working for you.
Forex Trading Strategies – How to be consistently profitable in forex trading

Besides, i will recommend you to take screen shots of the trades you entered.
This way, you can review all the 20 trades you have entered once the test is completed.
And you can clearly see what are the mistakes you have made on some trades and what are the things you did right on certain forex trades.
This method will prevent you from repeating the same mistakes again.
Ezekiel Chew
Asia #1 Forex Mentor

You describe it very well at all, but it's worth more to the example of a pair often do you usually use for your trading, so that some of the rules and strategies that you describe can be directly applied in practice in demo account first, I see you are very good strategy , but I beg you at once with the sample images that you say this chart

[asiaforexmentor]

Forex Trading Strategies � How to be consistently profitable in Forex Trading.


I always get the same questions from forex traders around the world:

�Ezekiel, I can�t seem to be consistently profitable in forex trading�

then they may follow on by �I know my forex trading strategy works.. but i just can�t get profits month after month..�


These are the questions that i get frequently. And this is my general answer to them.
I will usually ask them:

�So, are you keeping track of your trades?�

You see, to be consistently profitable. You cannot forget this important step.

That is TRACKING.

All successful businessman tracks their own and their company�s performance. This also applies to successful forex traders. You must have a proper and systematic way to track your trades and your success. So that you can see if you are on the right track to success or if you are not even on the track..


Here are some simple ways to track your forex trades:


Firstly, you have to just focus on just 1 forex trading strategy at 1 time.

You cannot trade different forex trading strategies together at 1 time, at 1 account.

If you do that -

My question to you is:

How do you know which forex trading strategy is working for you? And which is not working?
Therefore, start trading 1 strategy at 1 time.

Be specific on the strategy and do not deviate or change random stuffs.

Eg. changing the way you enter, exit trades etc.

It has to be consistent all the way.
So run this strategy, trade for 20 trades.

At the end of the test, what is your account status?

Are you profitable, breakeven or negative?

Then ask yourself, did you change anything along the way, among the different trades?
eg. the lot size is different, or you should not have entered a certain trade, but you entered anyway.

If there is a deviation � a change,
then you have to restart the entire test.

By using this method of tracking, you will be able to clearly see whether the forex trading strategy you are using is working for you.


Besides, i will recommend you to take screen shots of the trades you entered.

This way, you can review all the 20 trades you have entered once the test is completed.
And you can clearly see what are the mistakes you have made on some trades and what are the things you did right on certain forex trades.

This method will prevent you from repeating the same mistakes again.


Ezekiel Chew.