Please see the update on Page 1 of the thread and install TE and TJ instead of a site.
Please see the update on Page 1 of the thread and install TE and TJ instead of a site.
Please do according to the upgrade Page 1.Quote:
Originally Posted by ;
I see your point, but even this was not hard to forecast. Or much better lets say not hard to see it might at least happen. At extrem low /high (what are high and low for many years, decades) are extrem risk (I did mentioned that in my post before already ), that there are many many stoporders and one move behind this can put in a chain of stoporders breaking. One fat finger order can break over some of the border. So in gbpusd was a very long time already in risk for downsize on this stage. So snb eurchf and flash crash gbpusd was both a large risk in this direction (triggering many stoporders in a chain), and some evening the risk was forthcoming.Quote:
Originally Posted by ;
But whenever you are afraid with this, dont exchange it or easy take choices to exchange, dont tell folks is not possible to avoid, thats complete incorrect. You need to pay the fee for your option, however you can stay away from it to 100%. True is, even if you dont want cease trading risky directions in certain currencies (or identify risky currencies and risky instructions, then learning ground market basics first) or dont want to pay for avert the risk, then you are correct, its impossible to avert it. But why I should do so?
But for helping you, the small crash in gold potential market are a much better example for your side, the 2 illuions with snb and gbp usd are very poor, because both simple avoidable if you are interested in trading and learned basic from earth (what are the risky things in risky instructions,...).
But many words in summary: use options, and you dont have to worry about what you resembles cant control, but its really simple.
Following: in most scenarios, it was same money won then lost, so some missing, some triumph, thats only ordinary, so that you always have the option to state, then many know this basic ground knowledge facts and was invested on correct side or avoided this route which was risky, ofcourse many only had luck maybe also.
Commanding many situations is much more simple then you think that it is. There are sufficient instruments for this in the market. Most have to be learned, what is the advantage and disadvantage of each tool (many have even never thought about choices ), but to say so simple things you say aren't controllable is not correct. There are the more challenging components I did cite, this will be the really problems.
The legitimate difference between medium trader and professionell trader is, that for a professionell trader the risks (which includes the risks that you mentioned as a small portion of risks in trading) aren't so significant or avoidable if he want, because all is calculated in. To get a medium trader it always seems impossible to prevent and his trading has to much fortune with time, thats why lots of dont survive many years. To receive from a newcomer to medium trader its sufficient to learn miniature basics and also have a trading platform, however the professionall component to stay from it for many decades is to learn the ground fundamentals, or it'll be a risky company indefinitely and no company to calculate all very excellent.
You state:Quote:
Originally Posted by ;
1. If we work backward by setting a profit target and then see if we possess the skills and the financial resources to achieve it.
2. If we operate forward by analyzing our financial tools and skills without having any profit goal and keep improvising money management methods.
3. If we revise in light of what we find as a result of No 1 exercise and go ahead?
==gt; If it should happen that a trader can turn 1 dollar into 1 dollar , which this outcome can be quantified, then it should be possible to grow and improve.
So many place the horse before the cart... would've, could've, should have won't cover the bills. Simple truth is that a bitch (;
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Well said .Quote:
Originally Posted by ;
Although am late to this party; however I couldn't pass this informative article; and applaud you for this.
this fellow simnz is a joke;
Fantastic luck.... https://www.forexforum.co.za/attachments/1527405767.png