"less" is "more" in forex trading. Do u agree?

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Thread: "less" is "more" in forex trading. Do u agree?

  1. #1
    israr_ali
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    Default "less" is "more" in forex trading. Do u agree?

    "less" is "more" in forex trading. Do u agree?
    Vince Stanzione is self made millionaire trader with 26 years of trading experience. He says that less in more in Forex trading. I had seen such approach in some of the professional traders that are my friends in face book. They trade only for some pips per day with high lot and once they get their target, they don't trade for the rest of their day.
    This is a good approach that we beginners must have in our trading, if we want to succeed in Forex trading. Often newbie traders when they are winning a trade keep placing their take profit target a further more away when they see price moving towards their target and mostly they end up losing or getting less money than their original take profit should have bring to them. So, what do you think about that? Do you face the same situation in your trading or not?

  2. #2
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    yes i think less is actually more in this trading because we just trade think in our home not have to go for out door activity so it is the best trading for you,and less is i think much in the trading.

  3. #3
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    I agree with this Fore X strategy that less is more important. This strategy gives a secure business and reduces chances of loss. This specially help newbies to get less but regular profits rather than taking high risks and suffering loss.

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    If we are able to get less it is really better than loosing money in forex. I do believe in small profits . whenever I try for bigger ones it was a great loss for me. Now I collect small profits. This will become big after a month when I calculate. I am happy that I am loosing low amount now .

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    Better to earn little...than nothing......I am Happy as SAXfx is giving me more than little...

  6. #6
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    Most of the traders are fail in forex due to the impatience in trading. They are not contented in small profits. They will earn a big in future if they work consistently with patience. I prefer small victories rather than loosing . Here we can make more with little collections.

  7. #7
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    Quote Originally Posted by UMOFX IB View Post
    Most of the traders are fail in forex due to the impatience in trading. They are not contented in small profits. They will earn a big in future if they work consistently with patience. I prefer small victories rather than loosing . Here we can make more with little collections.
    Yeah,, all traders will fail in forex, but some of them will success if they can revise their mistake and errors in trade.
    Greed is the main factor of losing in forex, if they can leave that i'm sure we will success..

  8. #8
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    I agree with the statement less is actually more when you thing of it in the long-run. This is exactly my strategy with zulutrade following the traders - small gains, but steady, and this managing over a long period of time.

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    Less profit escaped me many times from big loss. It proved a good luck for me. I always accept or try to get small profits they can be big if my regular profit is possible . It is better than loosing in greed all of my amount at once.

  10. #10
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    in ro ham eslah kon:
    Quote Originally Posted by Master Forex IB View Post
    Less profit escaped me many times from big loss. It proved a good luck for me. I always accept or try to get small profits they can be big if my regular profit is possible . It is better than loosing in greed all of my amount at once.
    you sound exactly as if you are on zulutrade....correct, are you?

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