So many losers,who will help?

[ishvara]

there is no magic strategy that can make you win all the time or most of the time without much thinking, in a strategy even when all indicators are agreeing for a particular situation than also you need to think and look at the price whether it already moved a lot or is it near some support or resistance zones and a lot of things that can only come with experience and thinking

Yes no magic exists in forex trading, it is all about hard work. Once a loser trader understands this, they will move forward and put up investing of time so as to make it in forex exchange trading business.

[dwik]

I do not think it needs to be smart to succeed in the forex ...
Because the most Important in the forex market is capability for analysis ...
ability to analyze can be created out of the habit of analyzing ...
more exercise can make better ...

I agree with you, do not be smart if you want to succeed in forex. The most important is the financial management and proper emotions in trading.
with plenty of exercise is very helpful

[Keystar]

Forex needs smart people and not all of us are smart,everything here starting from analysis to entry and exit is a challenge,can you share a strategy that we don't need to think that much no matter how crazy it is, but at least workable https://indian-forex.com/images/smilies/lol.gif

Forex trading can actually be simplified by preparing a trade plan that is simple and workable. This comes after a careful study and analysis of the price direction. It is all about knowing the general outlook of the market whether "bullish" (positive) or "bearish" (negative) for a certain economy, i.e. the economy of the country whose currency is being traded. Its technical side has to be considered by analyzing the charts and checking on the indicators. Since a particular currency pair has an average daily trading volume, it is essential to know if this volume is already exhausted and whether prices are already bound to reverse, or if it is still good to ride on the present price direction. Also key in trading is to set the limits to your account i.e. to have enough buffer or enough capital for the number of lots exposed. Avoid overexposure of account. Stick to your plan (unless a fortuitous event occurs, apply risk management techniques) and practice the discipline. This helps a lot in giving one the confidence and composure in Forex Trading.

[sudsind]

there is no magic strategy that can make you win all the time or most of the time without much thinking, in a strategy even when all indicators are agreeing for a particular situation than also you need to think and look at the price whether it already moved a lot or is it near some support or resistance zones and a lot of things that can only come with experience and thinking

[sripanut]

So many losers, I think they can help themselves by learning again about forex trading. They can use strategy in demo account. They should understand about technical analysis and fundamental analysis. In the chart, we can see about support and resistance levels. So we can analyze the price from support and resistance.

[maulana]

I do not think it needs to be smart to succeed in the forex ...
Because the most Important in the forex market is capability for analysis ...
ability to analyze can be created out of the habit of analyzing ...
more exercise can make better ...

[mkape]

Forex needs smart people and not all of us are smart,everything here starting from analysis to entry and exit is a challenge,can you share a strategy that we don't need to think that much no matter how crazy it is, but at least workable https://indian-forex.com/images/smilies/lol.gif