Forex - Tips for happy trading - Page 2
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Thread: Forex - Tips for happy trading

  1. #11
    Whenever someone lets you know how effective they are as a retail Foreign Exchange trader. (someone who sits in their pc half of the day trading ). Ask them for a recent 6 month bank trading announcement. That can be done. If you are happy with the figures then hopefully this individual will help you about the positives and pitfalls off retail trading.

  2. #12

  3. #13
    Quote Originally Posted by ;
    quote Plus if you've got no other job you can spend some time learning how to trade other securities and your profit. Technical analysis is pretty much consistent across the board, you simply have to learn the unique market psych behind whatever you are trading.
    That sounds good in concept, but it applies only to those people who have enough to live away while studying how to trade while not getting a project.

  4. #14
    Quote Originally Posted by ;
    quote That seems good in concept, but it applies only to those individuals who have enough to live away while learning how to exchange while not getting a project.
    Well I'm just referring to traders of forex (or another type of safety) who are good enough to live off of trading. They can easily learn how to exchange different securities and potentially boost their profit. Essentially it's easier to exchange many distinct types of securities whenever you're already trading one full time and do not have another occupation.

  5. #15
    Quote Originally Posted by ;
    Here's a few tips for content trading : 1. Use Easy Method, two. Utilize mend Lot Size, Never increase or reduce it. Same with TP SL 3. Use 5 percent funding at a time 4. Never Over confidence 5. Restricted Trading : Establish time for trade, never trade anytime 6. Forgot Sentiment 7. Satisfied with 65 percent winining rates (you are in 15% profit dear) 8. Forex is a trade, not a bet. 9. Forex is a part time profession, never allow it to be complete. 10. Pray these will be followed by you.
    Want a happy trading? Get a joint.

  6. #16
    1. Use Easy Method,
    2. Utilize fix Lot Size, Never increase or decrease it. Same with TP SL
    3. Use 5% funding at a time
    4. Never Over confidence
    5. Restricted Trading : Set time for commerce, never trade anytime
    6. Forgot Sentiment
    7. Satisfied with 65% winining rates (you are in 15% profit dear)
    8. Forex is a trade, not a bet.
    9. Forex is a part time profession, never make it full.
    10. Pray you will stick to these.

    1. A trader should use whatever methodology he choose to, simple or complied, so long as the consumer understands them and can execute them well.
    2,3 . A trader should trade whatever size he wants. 2% to 5% is a favorite principle, but not a rule.
    4. If emotion is kept to the minimal or position size is kept small (in terms of percentage), there wouldn't be much sense of confidence or despair.
    5. When a trader is selective with his trades (based on his system), one would naturally require less trades. It's due to selective criteria that cause lesser trades. It isn't deliberately taking less trades or less often for no reason. But in the end a trader has the right to trade as often as he would like to. Nothing wrong if a trader opts to scalp, taking plenty of places per day.
    6. ?
    7. Every trader's objectives are different.
    8. Forex trading can be gambling without traders realising/admitting it. Most traders are losing traders using progr that don't yield profits in the long term. Are these players? Some gamblers put salaries based on gambling systems that give them advantage triumph in the long term. Does that makes them gambler-like?

    Speculating is the common term used for what traders do. It's also quite close to what gaming is. The line between speculating and gaming is thinner than many traders will care to acknowledge.

    I propose not considering all those, and only concentrate on trading well.

    9. Part time, full time or no-'time' (do not commerce), it doesn't matter.
    10. A trader/person should follow his own rules.

    Holy... a seven years old thread.... Exactly why is this thread revived while the op will not reply? [united: Aug 2010 last online: Sep 28, 2010]

  7. #17
    I love your contrition! However profit isn't simple task really! By the way, I look 5 percent risk reward ratio is too much ! According to my experience, traders will need to work with low risk reward ratio like 1%-2%.

  8. #18
    I think, a good trading egy is the core stage! For the reason that, when you have a good weapon, then your probability is high on trading success! I had fully one for creating a decent trading platform for me!

  9. #19
    Quote Originally Posted by ;
    I appreciate your contrition! However, regular profit isn't easy job really! Incidentally, I seem 5 percent risk reward ratio is too much high! According to my experience, traders need to work with reduced risk reward ratio just like 1%-2%.
    Regular profit isn't a simple task I acknowledge it. But always trade with 1-2% isn't possible in any way. Because the market is too much volatile and not possible to decrease risk in any way times despite of getting great risk managing approach.

  10. #20
    In the very first post amazing money management principles were described. Newbies, take notes.

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