for the working people | Page 5 | Forex Factory

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for the working people

  • #81
  • Oct 17, 2020 12:44pm Oct 17, 2020 12:44pm
Quoting ZikriIrfan
{quote} Exactly it is; we just need to follow our own trading rules so honestly!

Yes. Try create your own trading strategy and back test it. If it works according to your available time then go for it.
  • #82
  • Oct 17, 2020 1:52pm Oct 17, 2020 1:52pm
Forex is the most profitable business in the world. Many people earn a lot of money from this market,
  • #83
  • Oct 25, 2020 2:34pm Oct 25, 2020 2:34pm
Well, the number of people who lose money in trading is several times bigger than the ones who gain from it. I am not trying to discourage anyone here but facts exist.
  • #84
  • Oct 27, 2020 10:19am Oct 27, 2020 10:19am
traded it like a job. Thus, you may need to work harder which means it will take more time to see results
  • #85
  • Nov 19, 2020 6:36pm Nov 19, 2020 6:36pm
It is very important to have discipline in trading. It is never possible to make a profit without discipline.
  • #86
  • Nov 20, 2020 12:25pm Nov 20, 2020 12:25pm
If you want to become successful in the forex market, you have to be properly educated and experienced. Because without proper knowledge, you can not survive in this risky market.
  • #87
  • Nov 21, 2020 8:52am Nov 21, 2020 8:52am
Unfortunately, while one accumulates knowledge and experience you are unlikely to be profiting.
  • #88
  • Nov 25, 2020 2:56am Nov 25, 2020 2:56am
That's the harsh reality. "Experience is simply the name we give to our mistakes" - Oscar Wilde
  • #89
  • Nov 25, 2020 9:15am Nov 25, 2020 9:15am
Ouch. That is a very accurate if painful description.
  • #90
  • Nov 25, 2020 11:01pm Nov 25, 2020 11:01pm
I think you can open trades in the Sydney session and manage trades in the London and New York sessions.
  • #91
  • Nov 25, 2020 11:01pm Nov 25, 2020 11:01pm
I feel that it is very important to set some fixed amount of time that is dedicated towards trading Forex. You can even make it a habit.
  • #92
  • Nov 25, 2020 11:17pm Nov 25, 2020 11:17pm
Or develop strategies on higher time frame, analyze and place pending orders, set ups that take longer time to develop and realize, strategies with predefined SL/TP.

all these approaches can keep screen time low and reduce stress.
  • #93
  • Nov 28, 2020 1:44pm Nov 28, 2020 1:44pm
Confusion is the main problem of me on trading. I can not make decision instantly. I feel confused when I have to make a decision.
  • #94
  • Dec 11, 2020 12:19pm Dec 11, 2020 12:19pm
Quoting Robertstarc
Confusion is the main problem of me on trading. I can not make decision instantly. I feel confused when I have to make a decision.
I suppose no matter how long you have been trading that uncertainty never really goes away. With time it, sort of, diminishes, or you become adept at ignoring it but when you have to make a decision, you can always feel a twinge.
  • #95
  • Dec 21, 2020 7:37am Dec 21, 2020 7:37am
Quoting Deepak.Dubey
{quote} I suppose no matter how long you have been trading that uncertainty never really goes away. With time it, sort of, diminishes, or you become adept at ignoring it but when you have to make a decision, you can always feel a twinge.
You are absolutely right. Learning can not be ending. No trader can become complete knowledgeable in this market.
  • #96
  • Last Post: Dec 21, 2020 8:51am Dec 21, 2020 8:51am
Quoting OwenBavin
{quote} You are absolutely right. Learning can not be ending. No trader can become complete knowledgeable in this market.
Still, it is a good idea to learn something new every day.
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