rizal83 Posted October 8, 2012 Share Posted October 8, 2012 you may know the cause we often fail to trade we do, one of the factors that caused the failure was due to the nature of our greed is huge and maybe we can overcome our greed with consistent profit and maybe this will be useful especially for beginners maybe I'll give an example in the trade we do with the initial capital of $ 100 and we have to have a profit target on a daily basis and it has to do with the low target first, suppose we have to start trade target of 10 pips with a lot size of 0.5 and that we have to do until we actually get consistent within a period of 1 month and if we can do that then we become our targets Rev 15-20pips on a daily basis and we will continue to do that in order to become a habit, and also we will not stuck with a big loss what do you think? Quote Link to comment Share on other sites More sharing options...
zebrut Posted October 9, 2012 Share Posted October 9, 2012 very nice principles you use, it is truly one of the factors that can not be eliminated in forex trading is greed and emotion are not unstoppable, so we often do not use common sense in playing forex trading. especially when we experience a loss is certain we will pursue our losses with our existing capital risk without thinking how future. Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 12, 2012 Author Share Posted October 12, 2012 with this system, I think we are going to avoid all risk of loss that we will experience in our trade because with this system we can keep our emotions greedy and well and of course even though we are a very professional trader but if we still have the nature of greed and uncontrolled emotions control then it would only make a very good trading system will not be able to function properly as well Quote Link to comment Share on other sites More sharing options...
andisatria Posted February 4, 2013 Share Posted February 4, 2013 very good indeed if we continue to practice consistently because the practice will enhance our ability to get better and indeed practice is needed to trade forex as forex trading on a daily basis always experienced tremendous change and with practice we will be more aware and understand changes in trading forex Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted February 6, 2013 Share Posted February 6, 2013 Sincerely relying on a former glory wouldn't be adviceable.we must endeavour that we do everything in our power to get better and better everytime in improving by learning even when me are consistent with our profit making when we are doing forex. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted February 7, 2013 Share Posted February 7, 2013 Learning never stops in Forex and we should always keep our mind ready to absorb and learn new strategies and plans. Its learning and practice that makes us better in Forex. To become successful in Forex trading we should have the attitude of a student toward the Forex market. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted February 8, 2013 Share Posted February 8, 2013 This practice is actually endless. You are going to keep on trying or to perfect your trading. Thus, you are going to continue on practicing of your trading strategies and to have better profits or better trading. Although, in Forex, it does not truly apply the saying, Practice makes perfect. Because, in Forex trading everyone is bound to fail as in losses in their trades. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted February 8, 2013 Share Posted February 8, 2013 Learning and improving ourselves consistently is the key to endure in Forex business and profit from it. As we trade Forex we gain experience and with learning always improve ourselves to exploit Forex in a better way. Quote Link to comment Share on other sites More sharing options...
euro Posted September 20, 2013 Share Posted September 20, 2013 You can do it that way but for me I'm a different trader. I focus more on losses than gain cause you can gain any amount and any amount is ok but losing has to be limited all the time. I focus on lowering all of my losses each new time I trade so my focus to lower loss and any amount I gain is just good for me. After all its not bad to gain but bad to lose. Since the movement is so different all the time you can't really target a desirable amount of profit but you could only lower losses. Quote Link to comment Share on other sites More sharing options...
gaban Posted November 25, 2013 Share Posted November 25, 2013 practice can make our trading skills more perfect . Without practice forex trading, difficult for our trading to thrive. given the very large forex risk. with practice, we can understand karkateristik of the market. So we can make the right decision. so, the result will be the maximum trading again. Quote Link to comment Share on other sites More sharing options...
euro Posted December 16, 2013 Share Posted December 16, 2013 I don't know about being consistent though since the market controls us and we have no control over the market sometimes we can't even have the profit that we desire even if we try so therefore just keep doing good and don't be too specific on the goals. I doubt that anyone can keep the goals though. I think as long as you don't lose and you gain profit then its good enough. Quote Link to comment Share on other sites More sharing options...
gaban Posted December 17, 2013 Share Posted December 17, 2013 Forex is a risky business. To obtain a consistent profit is not as easy as we imagine. We trade a lot of practice to be able to understand the characteristics of the market. So that we can minimize risk. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted December 18, 2013 Share Posted December 18, 2013 Learning and improving ourselves consistently is the key to endure in Forex business and profit from it. As we trade Forex we gain experience and with learning always improve ourselves to exploit Forex in a better way. Â learning is needed by traders both beginners and professionals. I therefore take advantage of a wide range of references that can add to the knowledge I have. one way is through video tutorials. viseo tutorials are used for learning is http://www.armadamarkets.com/how-to-trade-fx/video-tutorials/ Quote Link to comment Share on other sites More sharing options...
gaban Posted December 19, 2013 Share Posted December 19, 2013 indeed uncle gober , learning is greatly needed by novice traders and professional traders. Because the forex risk is very high. Without studying hard for our trading will survive. Learning can be anywhere. Can of video tutorials provided by the broker, including instaforex, internet, forex forums, etc.. By doing so, we will be more skilled. Quote Link to comment Share on other sites More sharing options...
screw_twizz Posted January 1, 2014 Share Posted January 1, 2014 using this type of program, I believe we can avoid all threat regarding reduction that individuals will probably expertise inside our deal mainly because using this type of program we can preserve your feelings greedy and well not to mention even though i am an extremely specialist trader but in the event that all of us nevertheless have the dynamics regarding hpye and unchecked feelings management next it will merely help to make a good investing program won't be capable of purpose appropriately at the same time. Quote Link to comment Share on other sites More sharing options...
Decub Posted January 8, 2014 Share Posted January 8, 2014 For any trader to remain on top when it comes to making profits or making money from Forex, consistent practice is quite necessary. It is something that he really had to maintain even though it is quite difficult. Practicing in the Demo account more offer will help a trader learn and know more about Forex. Quote Link to comment Share on other sites More sharing options...
standart Posted January 25, 2014 Share Posted January 25, 2014 well, market uncertain in movement and sometimes become very difficult. if traders found that market give easiness, they'll get high profit in trading. however, if market move ranging for long period, probably traders wouldn't able to get decent profit. being flexible is important. and than to set a specific target, better if traders focus more in how to conduct proper trading. Quote Link to comment Share on other sites More sharing options...
Stekin Posted January 25, 2014 Share Posted January 25, 2014 It is true what you say here that if a trader want to make profit, he or she will not expect too much of a profit. It us the trader's greediness that used to make them to lose in here..When the trader is trading and he or she want to be making big profit, it is that time that losses will come and wipe his or her account. Quote Link to comment Share on other sites More sharing options...
standart Posted January 30, 2014 Share Posted January 30, 2014 make profit is easy but how to make it to be consistent is different task which very difficult. many traders face difficulties when they are want to achieve consistency. however, the key is lies in how to be effective. if traders patient to trade at the good timing only, they have chance to be consistent. Quote Link to comment Share on other sites More sharing options...
kaito kid Posted January 30, 2014 Share Posted January 30, 2014 In my opinion, all businesses including forex business or the other can not directly generate instant profits. all of them through the learning process. one through account no deposit. Quote Link to comment Share on other sites More sharing options...
gaban Posted January 31, 2014 Share Posted January 31, 2014 yes, in forex trading nothing can be done instantly. we need to do quite a learning trading. Because forex has a very high risk. To be able to get consistent profit we have a lot of experience and have sufficient trading learning. Quote Link to comment Share on other sites More sharing options...
standart Posted February 5, 2014 Share Posted February 5, 2014 how high the profit we can get in trading depend on market situations too, besides the strategy and analytical skill. so, better not expect to get exact specific profit per month, since the result will be varies. however, the how high the profit doesn't matter. because the matter most is able to generate consistent profit per month. Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 7, 2014 Share Posted February 7, 2014 yes in order for us to succeed I think that we must practice consistant here in the forex trading market just to get what we want if you are not ready to practice I don't think you are going to earn a dim Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 7, 2014 Share Posted February 7, 2014 you right! yes. we need always practice and learning to become professional and have a good trading skill in forex trading. if you have a good trading skill you can consistency earn profit. Quote Link to comment Share on other sites More sharing options...
Decub Posted March 12, 2014 Share Posted March 12, 2014 That is always the dream of all. A lot of people really want to make profit from trading and a consistent one but not all eventually succeed in doing so. There are those who want to make something good and better out of Forex with each new position they open but things simply doesn't work out that way for them. Quote Link to comment Share on other sites More sharing options...
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