Thread: I lose 40 pips and win 6 to 10 pips...

Hi,

I see that your chars are in japaneses. I live in japan for occasionally and have trders buddies there.

Regard

Cut losses short and let your winners run.

That way, your winners will probably make up for all the little losses

Originally Posted by ;

I'm trading (trying scalping) on GBP/JPY pare. When I lose, I lose around 40 pips, and when I winI get just 6 to 10 pips. Since I'm new to forex, I can not anticipate how the vital news/annoucements will impact the trend. How can you know or find out, if the tendency will probably be bullish or bearish predied on these important statements (in this instance GBP/JPY)? I'm studying the calender and articles, but still I can not know what they're saying correctly. Would you know any links (tools ) that might help me?

http://forexy.freetzi.com/article-30.html

Originally Posted by ;

I am trading (trying scalping) on GBP/JPY pare. When I lose, I lose around 40 pips, and once I win, I get just 6 to 10 pips. Since I am new to Currency Market, I can not anticipate the way the vital news/annoucements will affect the trend. How do you know or find out, if the tendency will probably be bullish or bearish based on these important statements (in this case GBP/JPY)? I am studying the calender and posts, but still I can not understand what they are saying properly. Do you know any links (resources) that might help me?

Do not even believe touching G/J until after 3years. Not for rookies.
Do not scalp.Worse method for beginners.

STOP live Trading!!

Teach yourself.Read five or more books on Trading and demo for a year.Or blow account following account and pay dearly for lessons.

Originally Posted by ;

I'm trading (trying scalping) on GBP/JPY pare. When I lose, I lose around 40 pips, and once I win, I get only 6 to 10 pips. Since I'm new to Currency Market, I can not expect the way the vital news/annoucements will affect the trend. How can you know or see, if the tendency will likely be bullish or bearish predied on those essential announcements (in this scenario GBP/JPY)? I'm reading the calender and posts, but still I can not understand what they are saying properly. Do you know any links (resources) that might help me?

You're expressing the most frequent trading experience. That is what ALL traders do. (They will not acknowledge it because They're all in perpetual pie-in-the-sky mode playing their demo account)

I'm having the same trouble being a new trader. If I just did the opposite of all my decisions recently, I'd do very well!

Yet much to learn I guess...

I traded GBP/JPY recently.

The Majority of the trade endure for 2 hours. Check out my travel conserving little pips here Flappy Pips - The way to maintain your hard earn PIPS

Originally Posted by ;

I am trading (trying scalping) on GBP/JPY pare.

When I lose, I lose around 40 pips, and when I win, I get only 6 to 10 pips. Since I am new to forex, I can not expect the way the vital news/annoucements will impact the trend.

How do you know or find out, if the tendency will be bullish or bearish predied on these essential statements (in this case GBP/JPY)? I am studying the calender and articles, but I can not understand what they're saying properly.

Do you know any links (resources) that might help me?

Just reverse buy and sell and you will do fine...