How do I trade Forex?

[radex78]

You can only reason in this light when things go wrong, but hopefully things wouldn't come to that.

Might all trader hope always making profit, but loss also as part and sometime inevitable,
forex trading in my opinion is about how to manage money in uncertainty market condition, and this is also need strategy with risk management also

 

[geedy]

Might all trader hope always making profit, but loss also as part and sometime inevitable,
forex trading in my opinion is about how to manage money in uncertainty market condition, and this is also need strategy with risk management also

Am not disputing this fact, in fact it a reality we all must face and can't hide from. But really matters is the way we deal with it at the end of the day.

 

[geedy]

I agree about that. My point was that there will always be errors. No trader trades without loss, that's just not possible, and a person's trading plan should take the possible loss into account. One should absolutely practise as much as possible in order to learn to minimize that loss.

Yes this does happen, knowing this fact from the onset sure does help in calming your nerves when it does happen. Then you can think properly of how to better move forward.

 

[radex78]

Am not disputing this fact, in fact it a reality we all must face and can't hide from. But really matters is the way we deal with it at the end of the day.

Yes as trader will hardwork eventually and trying to make good perform to start with goal to minimize the risk and increasing profit in trading although sometime loss occured

 

[doggyfx]

I wonder what is the sense of making such pointless posts in the fashion of posting something evident or pointless which doesn't make any sense t all. Do you love guys wasting your time or improving your writing skills instead of sharing what you've really done in your trading?

 

[FX xtc]

Some things can be learned only when trading with real money.

True.
Actually it gets worse : Sometimes one can learn only when losing large amounts of money .

 

[FX xtc]

Nothing is easy in this world, even bathing is hard.

Tell me about it .. I hate bathing .

 

[Esha.J]

Totally disagree, Practice is the only thing that you could do to perfect your trade, with lots of practice you get lots of experience and thus you could earn more money too.

Practice can make improve your skills but practicing only demo accounts in not going to improve your mind for real market. If one is giving his time to real account also then only he is going to develop skills for what he is learning.

 

[radex78]

True.
Actually it gets worse : Sometimes one can learn only when losing large amounts of money .

Losing large amount money might painful, and as trader might getting valuable lesson from there, what mistake the cause these loss, we need recognized mistake to trying make better trades

 

[CyberWarrior]

There are many strategies involved in Forex Trading to become successful. But we need to understand that each strategy wouldn't work each time.