What To buy Tonight? | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

What is BOJ's Fukui speaking on tonight? 4 replies

Thoughts on AUD PPI tonight ? 1 reply

Tonight Japan CPI Trade 2 replies

Aussie Indicators tonight 30 replies

What is going to happen to USD/JPY tonight? 1 reply

What To buy Tonight?

  • #1
  • First Post: Sep 17, 2007 12:25pm Sep 17, 2007 12:25pm
Hello Traders of the world ,
I am a new trader and i have done some mistakes today but i survived,
What do i need to buy /sell tonight to recap on the Day's loss?
I really need some help, and appreciate any hint
  • #2
  • Sep 17, 2007 12:27pm Sep 17, 2007 12:27pm
Quoting eliassaj
Hello Traders of the world ,
I am a new trader and i have done some mistakes today but i survived,
What do i need to buy /sell tonight to recap on the Day's loss?
I really need some help, and appreciate any hint
It sounds like you need to learn quite a bit more about the market. I'm sorry, but there is no easy money. You have to learn to get the full advantage of being a Forex trader. Take some time and do the demo account and learn as much as possible.
I dream, therefore I become.
  • #3
  • Sep 17, 2007 12:30pm Sep 17, 2007 12:30pm
Trading Books
  • #4
  • Sep 17, 2007 12:35pm Sep 17, 2007 12:35pm
bonds
  • #5
  • Sep 17, 2007 2:19pm Sep 17, 2007 2:19pm
Quoting eliassaj
Hello Traders of the world ,
I am a new trader and i have done some mistakes today but i survived,
What do i need to buy /sell tonight to recap on the Day's loss?
I really need some help, and appreciate any hint
Firstly everyone makes mistakes in trading - don't worry about it. My suggestion is don't compound your mistakes by trying to recover your loss today. Each trade you make is a unique moment - draw a line under today and wake up tomorrow to fight another day.

However as you are a new trader what you may want to consider is do you have a tested trading plan and strategy and do you have an appropriate risk management strategy. If the answer to any of these questions is no then cease trading and start learning otherwise what you experienced today will become a regular occurance. The fact that you are asking for advice on what to buy to recover todays loss is not a good sign and my guess is that you will greatly benefit by absorbing yourself in learning.

Good luck to you.
  • #6
  • Sep 17, 2007 2:31pm Sep 17, 2007 2:31pm
Quoting eliassaj
..
What do i need to buy /sell tonight to recap on the Day's loss?
I really need some help, and appreciate any hint
I'd buy a gallon of starbucks and start here.....

http://forexfactory.com/showthread.php?t=2331

I'd be interested to see in about a year how things worked out for you.. Good luck.
  • #7
  • Sep 17, 2007 6:21pm Sep 17, 2007 6:21pm
Once you read through the above post, join the forum. It is worth it. If I had done that a year ago when I started, I would be so much farther ahead it isn't even funny.

As far as buying tonight? Nothing. Nothing at all.

Tonight is not going to be the night to play games in the Asian session.

Clockwork71
  • #8
  • Sep 18, 2007 3:06am Sep 18, 2007 3:06am
Since you appear to be a beginner, I would recommend that you buy a six-pack of beer, sit back, and watch the fireworks erupt tonight. Hell, a lot of people with years of successful trading experience are out of the market right now as well.
Period : 26 Months Account Balance : +264% Max DD : 14.2%
  • #9
  • Last Post: Sep 18, 2007 5:41am Sep 18, 2007 5:41am
you obviously need to study more.
read the forums, read trading books, trade on a demo account, develop a strategy, risk and money management. and study, study study.
trading books, that's what you should buy.
Twitter: @forexpokerpro
0 traders viewing now