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Trading Tips

  • #41
  • Mar 12, 2019 11:42am Mar 12, 2019 11:42am
I think that few people become profitable within a year of beginning to trade. It usually takes longer than that.
  • #42
  • Mar 13, 2019 6:56pm Mar 13, 2019 6:56pm
Quoting NathanAstel
it depends on your practice , every time market changes it attitude , so by using same knowledge it is much difficult to ensure profit consistency , we have to develop our trading practice if we want to bring profit for 1 year or moire.
You mean change systems consistently?
  • #43
  • Mar 15, 2019 9:25pm Mar 15, 2019 9:25pm
Always use demo for your strategy first then go for real. Being serious for your work is important in both with demo and real.
  • #44
  • Mar 19, 2019 2:59pm Mar 19, 2019 2:59pm
Quoting dylanrtd
{quote} This is one of the most important trading tips.
Yes definitely very important
  • #45
  • Mar 20, 2019 5:29am Mar 20, 2019 5:29am
"A mistake is when you don't follow your rules. If you don't have rules in trading, everything you do is a mistake."
Dr. Van K. Tharp
  • #46
  • Mar 31, 2019 12:25pm Mar 31, 2019 12:25pm
Quoting Gruffydd
"A mistake is when you don't follow your rules. If you don't have rules in trading, everything you do is a mistake." Dr. Van K. Tharp
Really, having a trading plan is important and following that rule is more important.
  • #47
  • Apr 2, 2019 10:44am Apr 2, 2019 10:44am
I agree. Trading randomly is a little better than gambling, avoid doing so at all costs.
  • #48
  • Apr 5, 2019 4:20am Apr 5, 2019 4:20am
randomly trading sometimes bring profit , but its not a part of trading , generally when we lost mind from trading particularly after having some losses then we trade with no analysis. it also a part of emotions.
  • #49
  • Apr 6, 2019 9:58am Apr 6, 2019 9:58am
Patience and discipline are the key tips for success in forex trading. Discipline helps you stick to your trading plan and overcome your emotions. Since it takes time for one to start making consistent profits in trading, patience is mandatory to keep you on track so that you don't lose hope
  • #50
  • Apr 6, 2019 11:22am Apr 6, 2019 11:22am
Also, the willingness to invest your time and energy to learn. Learning how to trade takes time and there are no shortcuts. One has to accept that.
  • #51
  • Apr 7, 2019 5:05am Apr 7, 2019 5:05am
what you think how many times needed to become a minimum knowledgeable trader ?
i know this is tough question to answer.
  • #52
  • Apr 7, 2019 6:01am Apr 7, 2019 6:01am
there is no specific time to learn Forex , but by means of real trading discipline it is possible to acquire mi minimum trading knowledge.
  • #53
  • Apr 7, 2019 11:12am Apr 7, 2019 11:12am
Quoting NathanAstel
there is no specific time to learn Forex , but by means of real trading discipline it is possible to acquire mi minimum trading knowledge.
I agree. Every person has a different learning curve and they should not compare themselves to others.
  • #54
  • Apr 8, 2019 4:19am Apr 8, 2019 4:19am
most of the time we always emphasis on learning approach , but only learning cant be a good thing if there is no regular practice , practice is the main deal for ensuring a successful trading life.
  • #55
  • Apr 8, 2019 5:10am Apr 8, 2019 5:10am
according to me, most important trading tips dont depend on your trading strategies completely, i lost much equity for that. result of our trading its all about temporary session., nothing without it at all.
  • #56
  • May 7, 2019 2:07am May 7, 2019 2:07am
something agree,
the result from trading strategies is not permanent at all,
if you want consistent something
you have to develop your trading policy by means of regular practice of trading. otherwise really no way.
  • #57
  • May 7, 2019 3:18am May 7, 2019 3:18am
work very hard on money management
  • #58
  • May 7, 2019 3:26am May 7, 2019 3:26am
no way to avoid the importance of money management ,
but to be experienced is a huge tough game about MM,
so traders lost interest after passing sometimes.
  • #59
  • May 7, 2019 4:00am May 7, 2019 4:00am
Quoting JamesFaulkn
no way to avoid the importance of money management , but to be experienced is a huge tough game about MM, so traders lost interest after passing sometimes.

yes agree,,

also its not as sexy as having millions of lines on ones chart like i see on some of these forex factory strategy posts.

But i would go as far as saying MM is the holy grail master that and you will be successful trader.
  • #60
  • May 7, 2019 4:19am May 7, 2019 4:19am
its a great skill form all financial issue in Forex trading, very tough to be experienced , only professional trader can predict the real movement of this stock exchange with surely by MM. its a key in trading.
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