Sininfinity

When a trader faces consecutive losses then it is better to take a step back and revise his or her strategy and see where he went wrong. Sometimes a strategy works well on certain market conditions and when market conditions change then it can bring losses. So revising those might give a better understanding to the strategy and improve it.

Trial and error methods work and gives valuable experiences. There is no denying it. No matter what, we won't find any easy way to develop a good strategy. Each and every one of us have to work hard for it.

Well it happens. When losses hit then traders can't keep their calm and do something to cover that loss. I have also seen people who convinces others to invest in him and he uses large lots to trade. He either gets a good amount or loses the whole amount.

Use “USD300DP” promo code to get $300 bonus right now. Bonus terms and conditions can be found here http://www.fxoptimax.com/promotion

The world’s most popular Forex trading platform MetaTrader 4 is now available for iPhone, iPad and iPod Touch (Retina display devices are also supported), free of charge. Key Features on MT4 for iOS - Trading Real-time quotes of financial instruments Full set of trade orders, including pending orders Trade directly from the chart Support of all types of execution modes Complete trading history For more information please click here.

FXOptimax 4-Digits Account Advantages - Minimum Deposit – USD 10 - Price Digits – 2 for JPY, 4 for most pairs - Minimum Lot – 0.01 (1000 of base currency) - Lot Step – 0.01 - Positive Slippage – Yes - Hedging – Yes - Commission – None - Stop Out Level – 20% - Execution – Market Best - Spread – Fix, From 2 pips To see account comparison, please click here

FXOptimax features Spreads from 0 pip No requotes nor interventions Expert Advisors, Scalping, News Trading Up to 1:1000 leverage, trade from 0.01 lot Positive slippage, no limits for stops Visit: www.fxoptimax.com

That's nice. But in the long run if you have made any plan then how much money do you expect to earn?

All in all one must have a decent trading plan. It is not easy to build one but it is a necessary thing to do. Also one does not need to build it in one go. Through trial and error one can slowly develop it. Over time it will start generating profit and trader can work on it when making some decent profit.

@gaban, I don't support new traders participate in trading contests. They have plenty of time for that. First of all they should develop themselves so they can bring profit from the market. They they can choose a direction to make profit. May it be trading contests or using real money.

Reckless trading may give some profit in the short run but for the long run reckless trading is of no good. It will ultimately ruin trader's account. So it is suggested to trade with a plan and not based on anything else.

Well from investors point of view I can't say much. They have different mindset from traders themselves. So not much to say about it. But for both investor and trader's sake, the trader should be able to generate profit so both parties win.

Well nobody wants to be a loser trader. Losses are inevitable and traders must accept it. And agree with you about going back to demo. If a trading method is not giving profit then one should take a step back and go back to demo again to improve his or her method.

Yeah before one can be able to earn money, one needs to learn how to earn that money. There is a saying "One must crawl before he can walk" or something like that. So traders should not expect decent return from beginning of their trading. They will need time to improve and they should be able to give themselves the time to do that.

Yeah and all of those will take time and a trader must give himself the time needed to improve his method. It won't be easy but when all those efforts will bring fruit then it will seem that their efforts were worth it.

Use “USD300DP” promo code to get $300 bonus right now. Bonus terms and conditions can be found here http://www.fxoptimax.com/promotion

FXOptimax trading Features: Desktop, Android and iPhone MT4 platform PAMM for Money Managers Hosted at Equinix NY4 Various Deposit and Withdrawal Options Visit: www.fxoptimax.com

FXOptimax Precision Account Advantages Minimum Deposit – USD 10 Price Digits – 3 for JPY, 5 for most pairs Minimum Lot – 0.01 (1000 of base currency) Lot Step – 0.01 Positive Slippage – Yes Hedging – Yes Commission – None Leverage – up to 1:1000 Stop Out Level – 20% Execution – Market/Best Spread - Floating From 1.8 pip. Avg 2 pips To see account comparison, please click here

Use “USD2000DP” promo code to get $2,00 bonus right now. Bonus terms and conditions can be found here http://www.fxoptimax.com/promotion

I liked what you have said. People don't give value to little profits. But make a big fuss about suffering losses. If someone can make even small profit then in time he or she may find a way to turn that little profit in to big profit.

There are also lots of robots which huge lots to make huge amounts in real short time. In a demo account, since no real money is involved, so many methods are being used. If you try to use a trading strategy which you intend to use on a live account, then there is a little chance that you will succeed.

I don't like when people generalize things. Not every trader has a same capability or analyzing power. Their winning ratio will vary. And above 75% winning rate is a bit much in my opinion. One can do good even with a 60% winning system. It all depends on the trader manages his money.

The problem many newbies face when they enter the market is money. All their focus stays in making money. But they don't give any thought about how to make that money or what are the necessary steps to reach that level.

Yeah. One of the reasons a trader should go through a forex school and take the lessons seriously. If just learning was enough then there would be many successful traders. Traders need to find a way to survive in the market and take profit out of the market.

Thoughts about investors should come later. First priority for a trader should be to develop a good trading plan with which he or she can get decent amount of pips after certain period. After that a trader can go on impressing investors.