Back

Latest Forum Topics / Trading Techniques

Post Reply

Things that you consider before you quit trading Post Reply Rate topic
Tiejiao Senior	07-Sep-2020 22:06        Tiejiao About Contact  Quote this Post!
x 0   x 0  Alert Admin	I have been studying how to trade the last few months and still trying.  I must say it' s not easy.  For the newbies like me, I suggest you trade with what you can afford to lose for now otherwise it will only dampen your motivation whenever things dont go your way.  I think the hardest part is how you deal with your emotions especially when you need to see your trade goes up and too late to take profit and when you see your trade goes the other way and you find it hard to stop loss.  I salute those who have made it as they earned their $$$ not just because of their trading skills, discipline but also superior emotional control. leongyan      ( Date: 08-Aug-2018 09:18) Posted: Trading is never easy.. especially if it is to turn on lights at home. That's why 80% of folks are still slogging in corporate for a salary.
Useful To Me  Not Useful To Me
leongyan Master	08-Aug-2018 09:18        leongyan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Trading is never easy.. especially if it is to turn on lights at home. That's why 80% of folks are still slogging in corporate for a salary.
Useful To Me  Not Useful To Me
famouspinky Supreme	07-Aug-2018 23:00        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	👍 sandysr      ( Date: 29-Mar-2017 17:43) Posted: As you have learned when to trade in forex, you also need to learn, when you should stop trading in forex. It is very hard to stop trading in the hope of making a profit and doing these will cost your capital in forex investment. There are many traders in the world who have lost all of their hard earned money in the hands of forex due to lack of knowledge and greed. At the same time, there are many traders who have secured their life by trading live assets with strong determination and strong knowledge about the financial sector. If you think you need to know, what are the signs that will tell you to get out of forex for good, this is the article you have been looking forex. Constantly losing: It is very practical to lose in forex. Not everybody makes money every time. But not everybody also loses money every time. If you think you have been losing money constantly in your forex trading and things are not improving then it is time for you to go out in the real world. But before you quit trading CFDs ask yourself a single question have you really put the effort to master the art of trading. If the answer is yes then should really quit and if the answer is no then you should give the last try in this industry with strong determination and devotions. Strategies not working: Change and modify your existing strategies if they are not working. If they are still not making money, create a new one. But do not spend your valuable time only to making strategies. If your all plan fails, maybe it' s time for you to move on. But always remember that many traders are making a huge amount of money simply by trading the trading CFDs so before you quit make sure that you have a solid reason. However, before you quit forex trading be sure to check price action trading strategy since it is one of the most reliable and profitable trading strategies in the world. Always have a contingency plan: If you look at the forex industry today, people always have some other things running in their back. Even the Forex masters also have their own blog or their own page where they give you tips or signals when to trade to make a profit. But all of these are for their own good. Only a handful of master planner traders trades full time on forex. But they have years of experience. Always have a contingency plan so that you can deal the tough situation in your real life smoothly. There is always something new to start: If you cannot make money in forex, like your next-door neighbor Dorothy, don&rsquo t get disappointed. There is something always left, yet to be discovered. Invest your time, money and labor in other business. For instance, instead of losing your hard earned money in forex trading you can go for forex trading course or seminar where you can truly learn some useful information about trading. There are many struggling traders who have achieved financial freedom by taking right forex course from the online industry. And if you trade with a reputed broker then you can also explore their education content before quitting forex trading. Summary:Forex trading is very hard to master. But only a handful people are successful and making money. By trading CFDs. Do not take someone take control of your decision. Before you quit your forex trading make sure that you reach to the right person and try to educate yourself with basics of the forex market. To be honest, if you learn with dedication then within a single month you will see that trading is not at all tough rather it&rsquo s your emotion which is making things hard in the forex trading industry.
Useful To Me  Not Useful To Me
sandysr Member	29-Mar-2017 17:43        sandysr About Contact  Quote this Post!
x 0   x 0  Alert Admin	As you have learned when to trade in forex, you also need to learn, when you should stop trading in forex. It is very hard to stop trading in the hope of making a profit and doing these will cost your capital in forex investment. There are many traders in the world who have lost all of their hard earned money in the hands of forex due to lack of knowledge and greed. At the same time, there are many traders who have secured their life by trading live assets with strong determination and strong knowledge about the financial sector. If you think you need to know, what are the signs that will tell you to get out of forex for good, this is the article you have been looking forex. Constantly losing: It is very practical to lose in forex. Not everybody makes money every time. But not everybody also loses money every time. If you think you have been losing money constantly in your forex trading and things are not improving then it is time for you to go out in the real world. But before you quit trading CFDs ask yourself a single question have you really put the effort to master the art of trading. If the answer is yes then should really quit and if the answer is no then you should give the last try in this industry with strong determination and devotions. Strategies not working: Change and modify your existing strategies if they are not working. If they are still not making money, create a new one. But do not spend your valuable time only to making strategies. If your all plan fails, maybe it' s time for you to move on. But always remember that many traders are making a huge amount of money simply by trading the trading CFDs so before you quit make sure that you have a solid reason. However, before you quit forex trading be sure to check price action trading strategy since it is one of the most reliable and profitable trading strategies in the world. Always have a contingency plan: If you look at the forex industry today, people always have some other things running in their back. Even the Forex masters also have their own blog or their own page where they give you tips or signals when to trade to make a profit. But all of these are for their own good. Only a handful of master planner traders trades full time on forex. But they have years of experience. Always have a contingency plan so that you can deal the tough situation in your real life smoothly. There is always something new to start: If you cannot make money in forex, like your next-door neighbor Dorothy, don&rsquo t get disappointed. There is something always left, yet to be discovered. Invest your time, money and labor in other business. For instance, instead of losing your hard earned money in forex trading you can go for forex trading course or seminar where you can truly learn some useful information about trading. There are many struggling traders who have achieved financial freedom by taking right forex course from the online industry. And if you trade with a reputed broker then you can also explore their education content before quitting forex trading. Summary:Forex trading is very hard to master. But only a handful people are successful and making money. By trading CFDs. Do not take someone take control of your decision. Before you quit your forex trading make sure that you reach to the right person and try to educate yourself with basics of the forex market. To be honest, if you learn with dedication then within a single month you will see that trading is not at all tough rather it&rsquo s your emotion which is making things hard in the forex trading industry.
Useful To Me  Not Useful To Me

                                                         First   1-4 of 4   Last