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Hi ilearn2t,
that maybe the reason why most traders fail with small account as they will think lightly on what they are making. I agree small lot give big margin, but the losing trades will not...
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Traders are not able to avoid making mistakes, but what to do after making the mistakes seen more important. Traders need to take serious on the mistakes made and be discipline not to make it again.
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Plan the Trade and Trade the Plan is the common lack off by novice traders who take lightly on it. But from all the success trader, it is the important step which need extra effort on it.
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A good point of have all the relevant and important note to be taken before entering a trade or during managing the trade. but in order to make all work, a very strict discipline to make them work is...
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As i mentioned in past post, start up with small amount is not good for a beginner, as i am experience it since year ago.
If wanting to practice for trading method, demo account is more than...
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knowing of money management is good but putting it into the practice is vital. slowly adjust it to suit our trading and slowly to notice we can stay longer in the forex.
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Apart of the 5, only single one talk about trading system else other 80% emphasis on the mindset and thinking.
But real thing is, most of the trader will keep looking for 100% system but rather...
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I am a naked trader and do not look at single indicator. i have tried some system before, but due to the lagging indication, i lose in capital. But for the general, it is up to the trader to choose...
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Anger, but why the trader will feel angry? Is it due to the losing trade, or some others reason. Trader will fail if he or she bring emotional in front of the trading desk, as he or she will...
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seeing like this 100% perfect system will attract people who think Forex is a quick gold goose. For those who already in the Forex journey, they will realise this type of perfect system is scam and...
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It would be better to know how many pips profit we need for a single trade, stick to it and either close or move SL to in profit position.
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The benefit of swing trade is not limit to the price entry, but rather than zone of entry. So traders have more time to read the market before entry, and less time to monitor on the market after...
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Forex is a business, which need strict discipline to make it work. Incorporate with good planning, strategies and money management, it will slowly grow to in constant profit.
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First, Forex is not a quick way to be rich, and no a 100% success method. To be in success, or my way to interpret is, to be in constant profit, we will to know what we are doing and gain as much...
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locking of profit is a way to ensure you are not risk your money when the trend change against you. if the price spike, cut your SL and go back up, just re enter the trade and continue to win.
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我不管输赢,只要我的系统叫我进单,赢了就赚,输了就检讨。
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tunggu tengok adakah harga boleh sampai 1.3300 untuk tukar hala ke long. jaga jaga jangan trade pada harga tu, tunggu ia sentuh, turun balik and long dengan harga yang rendah.
kalau tak, ia masih...
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target for a retract down to 1.3125 before eu is making a long up to 1.3300. it is also risky to trade long as the price may just touch on 1.3300 zone and fall back to down trend.
wait for a...
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consider down trend before the price pierce thru 1.3300. touching on 1.3285 and retract down look risky. so beware on it before long.
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i will wait the price pierce thru 1.3300 before consider the change of short to long trend. look forward to more price repair within 1.3125 to 1.3290 before the change of trend.
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if the price do not pierce thru 1.3300 and closed above it, it is still consider down trend but just with price repair. The price will continue down until 1.3120 and start to retract it up, if the...
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Fear of losing will have another way of saying to prevent capital loss. I agree of fear will limit us for earning much, but in the other hand, it helps us to survive longer in the forex ocean.
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if a said strategy can be profitable for long time, why the owner wont just keep it by himself / herself but rather to sell off. same thing to the trading signal.
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there is no fixed session for trading, but Tokyo, London and US session are the time which i traded, but depend on what currency involved. I have not idea on the trading system you mentioned.
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all the investments are taking the same rule, it is simple but sometime and someone hard to follow, DONT EVER TRADE WITH MONEY WHICH YOU CANT AFFORD TO LOSE
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