ForexCompound and FarXyun
Thanks for your entries on the thread can I just add to the discussion
I always follow ur tips and signals on my own risk, and they were always Good before the past 4 5 signals all are in LOSS.
This business is a game of probabilities. We use technical analysis to guide our decisions to trade. This TA is an inperfect science and an art all rolled into one. As such it is possible to have 2, 3 4 10 or even 20(!!!) losing trades in a row. What we have to concern ourselves with is keeping the risk down so that our account doesnt blow up. Without funds to trade in our account we become spectators - even when the best trades come along
No special reason bro. I'm working on getting 100% wins. Many say that losses are a part of this business but I'm a different breed, I want 100% wins and I'll get it. Sorry about the losing trades. Meshach.
100% winning trades is the ultimate result. However it is unnessary to be 100% accurate in this business to make a good living. Also I think 100% trade success requires you to have a time machine, cryatal ball (one that works!) or any other means of knowing the future. In theory, a non-losing trade can be put on by selling the yen or any other currency with a very very large account and no stop. The market will oscillate between + and - on many occassions. The markets are fuelled by people like you and me in their thousands and we can behave in a non tech fashion attimes. Hence the losses.
We need to get back to trading...
Olu
Thanks for your entries on the thread can I just add to the discussion
I always follow ur tips and signals on my own risk, and they were always Good before the past 4 5 signals all are in LOSS.
This business is a game of probabilities. We use technical analysis to guide our decisions to trade. This TA is an inperfect science and an art all rolled into one. As such it is possible to have 2, 3 4 10 or even 20(!!!) losing trades in a row. What we have to concern ourselves with is keeping the risk down so that our account doesnt blow up. Without funds to trade in our account we become spectators - even when the best trades come along
No special reason bro. I'm working on getting 100% wins. Many say that losses are a part of this business but I'm a different breed, I want 100% wins and I'll get it. Sorry about the losing trades. Meshach.
100% winning trades is the ultimate result. However it is unnessary to be 100% accurate in this business to make a good living. Also I think 100% trade success requires you to have a time machine, cryatal ball (one that works!) or any other means of knowing the future. In theory, a non-losing trade can be put on by selling the yen or any other currency with a very very large account and no stop. The market will oscillate between + and - on many occassions. The markets are fuelled by people like you and me in their thousands and we can behave in a non tech fashion attimes. Hence the losses.
We need to get back to trading...
Olu
Find a trend and milk it for all it is worth. That's how to be profitable