make plan for stable profit !

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  1. #21
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    make plan for stable profit !
    Quote Originally Posted by bulalakaw View Post
    it may seem complicated if a trader want to grasp everything in one go, but if a trader takes his time to understand and learn the different ways to manage thing in ragards to forex trading, it will be next to nature when the time comes.
    The market is very complicated and if anybody things that he has learned everything then he is absolutely wrong, een the most experienced traders loose in the market, but in order to earn consistent profit you have to make sturdy plans.

  2. #22
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    Anybody willing to survive in this business must always take money management into consideration when doing this business,the good thing about proper money manage is that even if our entry is wrong we are still gonna end up making something from the market,though it will require time and patient but the truth is that it will surely pay off and yield good profit as well. success of any traders also depend on which brokerage service they choose, an ECN account type would be a good option nowadays. an ECN broker simply provides the trader with a trading platform and then acts as a middle man between the buyers and the sellers.I prefer to use ECN brokers, been years using Armada Markets, one of ECN broker, the broker has a speed of execution and low spreads are needed by traders to do scalping to Achieve maximum profit. this is usually the main thing when I decide to choose the right broker for scalping.

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    the first rule don't lose your money. when we don't lose money we can makfe profit. it is great. but we're difficult for keeping money. when we know it we can make big money

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    Quote Originally Posted by casama View Post
    the first rule don't lose your money. when we don't lose money we can makfe profit. it is great. but we're difficult for keeping money. when we know it we can make big money
    If the market against us, we can't do anything except hard closing or hedge those position.
    Its really part of forex trading, lose and profit will move together. By the way, I've found great bonus program from a broker, you can find out here. Do you want it?. let's check guys.

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    Quote Originally Posted by casama View Post
    the first rule don't lose your money. when we don't lose money we can makfe profit. it is great. but we're difficult for keeping money. when we know it we can make big money
    Yes but we should also accept that forex market is a place where your have to face loss and its un avoidable, but as you gain experience you will learn a lot and one thing you should keep in mind is, learn from your mistakes.

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    Quote Originally Posted by shade View Post
    Anybody willing to survive in this business must always take money management into consideration when doing this business,the good thing about proper money manage is that even if our entry is wrong we are still gonna end up making something from the market,though it will require time and patient but the truth is that it will surely pay off and yield good profit as well. success of any traders also depend on which brokerage service they choose, an ECN account type would be a good option nowadays. an ECN broker simply provides the trader with a trading platform and then acts as a middle man between the buyers and the sellers.I prefer to use ECN brokers, been years using Armada Markets, one of ECN broker, the broker has a speed of execution and low spreads are needed by traders to do scalping to Achieve maximum profit. this is usually the main thing when I decide to choose the right broker for scalping.
    You're using Tickmill right? Can you share your trading experience with them? Do they have significant spread widening on gold? Thanks.

  7. #27
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    Quote Originally Posted by pennycruze View Post
    You're using Tickmill right? Can you share your trading experience with them? Do they have significant spread widening on gold? Thanks.
    their price feed are comes from different decent LP, when trading with gold not much spread are widening. but I suggest to put an enty trade during London - US session, these when the spread are much lower rather than any market session. sometimes it goes below 10 pips.

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    Quote Originally Posted by olga99 View Post
    If the market against us, we can't do anything except hard closing or hedge those position.
    Its really part of forex trading, lose and profit will move together. By the way, I've found great bonus program from a broker, you can find out here. Do you want it?. let's check guys.
    Yes you are right loosing is a part of forex and every trader should take it as a challenge and try to learn from losses.

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    Quote Originally Posted by orni308 View Post
    Yes you are right loosing is a part of forex and every trader should take it as a challenge and try to learn from losses.
    if a trader risk 10% per trade. As a result, he made a series of 5 losing trades. He would have wipe of 50% +- of his trading capital because he risked 10% per trade.And with just 50% left, it will be hard for him to make back his loss.I still use risk 2% per trade, With a series of 5 losing trades. I'd only lose 10% of my capital, Which is not to bad. and with additional 15% bonus from deposit bonus got from Tickmill upon my account, these an extra advantage for my equity balance.

  10. #30
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    in ro ham eslah kon:
    Having a plan and stick to it while trading is vital for any trader who wishes to become successful. With no strategy is difficult to know what currency to trade, the amount per trade, if you are buying or selling, trading intraday, swing, scalping...there are a lot of factors that need to be determined before placing any order.

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