Tariq777 Posted July 8, 2012 Share Posted July 8, 2012 The first tip I would say will be to analyse the currency pairs you are trading, very carefully. Don't be in a rush take your time for analysis and market reports then jump to the trading Quote Link to comment Share on other sites More sharing options...
budado Posted July 9, 2012 Share Posted July 9, 2012 Its really frustrating if you going to lower your guard down. My advice and tips is always follow your strategy no matter what. If you trade don't think just do what your strategy is no matter what your guts feel say or what you think is right. Because what the use of strategy if you don't follow it? That's what happen to me. last thursday and friday I trade emotionally and I end up with great loss. But now that its monday I'm back trying to trade using my strategy again. Hope I can recover. Quote Link to comment Share on other sites More sharing options...
indieover Posted July 11, 2012 Share Posted July 11, 2012 yeah being an emotional trader can be very costly. even it seems that your strategy is not working. but i f you know you have learned your strategy well don't follow yoru emotions. try to to stick with your strategy. Quote Link to comment Share on other sites More sharing options...
budado Posted July 20, 2012 Share Posted July 20, 2012 This is what happen to me and this is the main reason that I loss and same time I'm thinking that yeah I'm losing but in the long run I'm still trading and I'm sure one day I can make it right. Right now I have earn 14 dollars. its suppose to be 18 dollars now but instead I make a mistake and get big loses. But same time I'm telling myself if I did not do that I even incur much more loses if the price did not go may way. Quote Link to comment Share on other sites More sharing options...
tirus Posted July 20, 2012 Share Posted July 20, 2012 Yes, emotions can really be your worst nightmare if you dont handle them well because they might end up influencing your trades for the negative resulting in losses in the process. Its rather important for traders to learn how to keep them in check right from the beginning and practice doing so. Quote Link to comment Share on other sites More sharing options...
budado Posted July 30, 2012 Share Posted July 30, 2012 I know incur loses this month of july. Its official. My three consecutive months of profit in forex trading is now over. I incur no profit this month. I'm hoping that next month I will going to start earning in forex again. I'm just starting to bounce back but the profit is just not that good right now. I hope that in just few weeks I can clearly see the pattern of eur/usd and I'm hoping that I can manage to earn this month of august. Quote Link to comment Share on other sites More sharing options...
nicholasdavis Posted July 30, 2012 Share Posted July 30, 2012 Thanks for good piece of information. forex trading accounts Quote Link to comment Share on other sites More sharing options...
monyitomon Posted July 30, 2012 Share Posted July 30, 2012 You may not earned this month, but it's another lesson learned for you as what you said "Always stick on your strategy" so I think you will have more strenght to stay on your ground, instead of trying something new, but rather use a demo account first, if you will try something new. Quote Link to comment Share on other sites More sharing options...
tirus Posted August 2, 2012 Share Posted August 2, 2012 You may not earned this month, but it's another lesson learned for you as what you said "Always stick on your strategy" so I think you will have more strenght to stay on your ground, instead of trying something new, but rather use a demo account first, if you will try something new. Yes, this is especially true if you have taken the time to test your strategy in demo first and it worked for you. In the event of it having problems later on it would be best make alterations in the demo account than in live mode where you are not sure of the results of the changes to your strategy. Quote Link to comment Share on other sites More sharing options...
indieover Posted August 9, 2012 Share Posted August 9, 2012 The demo account is the best place to learn a lot about forex. When you have learned a lot in demo then you can go to live trading where you would get a lot of experience also. And read a lot about forex. Quote Link to comment Share on other sites More sharing options...
tirus Posted August 9, 2012 Share Posted August 9, 2012 Yes, learning in the demo account is a good thing indeed because this is where you will be able to get some experience on how to use the broker trading platform. Even better is the fact that you will be able to work on a strategy that you can test and implement when you go live. Quote Link to comment Share on other sites More sharing options...
fari Posted September 12, 2012 Share Posted September 12, 2012 Despite complexity, Currency dealing trading is very receiving out of. It is optional to open a Currency commerce trial account with any agent and plunge into the earth of exclusive commerce, which will turn out to be your education base for the after that more than a few months. Quote Link to comment Share on other sites More sharing options...
budado Posted October 2, 2012 Share Posted October 2, 2012 Don't invest if you don't have a clue what is forex. Don't invest if you don't have an account in demo and most of all don't invest if you don't know the difference between min and cent account. Because this is a clear sign that you going to fail in forex trading. I'm happy that some how I'm earning in forex. But believe me when I'm starting I loss a lot of money in forex trading also. Quote Link to comment Share on other sites More sharing options...
zebrut Posted October 2, 2012 Share Posted October 2, 2012 exactly once, not first invest if we do not know for certain what is forex, forex do not just play with other people to see or hear can be successful forex with a great advantage that we hooked to participate when the basic forex trading course we do not know. before starting to play with better investment we look for forex brokers provide demo accounts so that we can learn the fundamentals of forex. forex discussion forums as it is also highly recommended for a newbie who wants to learn it in what is forex. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted October 2, 2012 Share Posted October 2, 2012 Thus, we should not also become so aggressive if we just see that forex makes easy making money or profits. Its going to be a sort of attraction for investors but then, they should do researching that is not simple to trade and how big risks involved in here. We should not get attracted with those advertisements showing they doubled or make huge profits. Quote Link to comment Share on other sites More sharing options...
tirus Posted October 3, 2012 Share Posted October 3, 2012 It is really quite easy to be taken by those advertisements that promise good returns on investments for you forex trading as forex is quite simple and easy to learn. Enough research about forex will make one aware that its not an easy forte and one must really be prepared for it if they want to be successful. Quote Link to comment Share on other sites More sharing options...
zebrut Posted October 5, 2012 Share Posted October 5, 2012 Thus, we should not also become so aggressive if we just see that forex makes easy making money or profits. Its going to be a sort of attraction for investors but then, they should do researching that is not simple to trade and how big risks involved in here. We should not get attracted with those advertisements showing they doubled or make huge profits. therein lies the human selfishness only see ads that promise riches in a short time he will follow what the ad said and dared to give a large enough capital to achieve multiple benefits, without considering the long-term. in forex were so many already are lured to use the capital when they do not understand how berdangan in forex, which in the end is not a profit but instead get the losses made him frustrated. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted October 6, 2012 Share Posted October 6, 2012 Yes, its really a gravitational force that trying to attract every possible traders in those advertisements. We know that wise person will search and gather first information before making a judgement or conclusion. Thus, we know also that in forex there's so many alike ads that shows us that we can trade and earn huge profits but the negative aspect such as having huge losses also is excluded. Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 8, 2012 Share Posted October 8, 2012 to achieve income sehatdan also for financial independence we must also have a good trading foundation and how to use our money in this business because without it we would not be able to produce anything Quote Link to comment Share on other sites More sharing options...
zebrut Posted October 8, 2012 Share Posted October 8, 2012 riddick09 correct, therefore we do not fall with the ads that offer attractive deals before we truly understand, find helpful information and learn how the system works. because if we just put passion and common sense are not so sure it would be easier negatively affected. because forex trading requires expertise that is very nice, and do not trade with perfunctory. Quote Link to comment Share on other sites More sharing options...
budado Posted October 8, 2012 Share Posted October 8, 2012 In my experience its only hard to start trading in forex because you have doubts against yourself really going to earn in forex. But once you started to trade and taste profit you will going to build confidence. Believe me I have two months of loses before I earn in forex trading. So in short you need to go through lots of stress and lot of hard work before you can be successful. Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 8, 2012 Share Posted October 8, 2012 riddick09 correct, therefore we do not fall with the ads that offer attractive deals before we truly understand, find helpful information and learn how the system works. because if we just put passion and common sense are not so sure it would be easier negatively affected. because forex trading requires expertise that is very nice, and do not trade with perfunctory. maybe it should be before we do anything we need to know more about what we want to do as well as forex business we do not just look at the benefits to be gained from this business alone but we also have to look at the risks that exist in this busines akn we do not underestimate this business and will seek the knowledge of how to make profits and avoid risks in forex trading Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 8, 2012 Share Posted October 8, 2012 In my experience its only hard to start trading in forex because you have doubts against yourself really going to earn in forex. But once you started to trade and taste profit you will going to build confidence. Believe me I have two months of loses before I earn in forex trading. So in short you need to go through lots of stress and lot of hard work before you can be successful. with experience then we will overcome all the problems that will occur in our trade, and it would prove to be very effective to make us better and indeed we will have to start a lot of pressure and failure because we are still in the process of finding out how good trading and as the time goes we will find a way to overcome all these pressures and how to avoid failure because we already have experience with it and we've learned a lot about all the mistakes we Quote Link to comment Share on other sites More sharing options...
zebrut Posted October 9, 2012 Share Posted October 9, 2012 true what you say @ Rizal83, before we jump to trade forex and use the huge investment we have to find out in advance what the truth is forex. because the forex world is the world of smart people who have a vast knowledge and always learn and learn again to earn a decent living, not just a me-too and want to quickly reap the benefits but do not know the risks that will happen. Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 13, 2012 Share Posted October 13, 2012 zebrut is absolutely true because before we run everything will be better that we know exactly what we want to do and whether it can produce or hurt us because everything requires a careful plan so that later we can do the job well and we can avoid what we want to do, including forex business is certainly Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.