Avoid predicting the markets, Rather be reactive.

Sep 02, 2020 at 05:38
2,786 zobrazení
44 Replies
Členem od Nov 18, 2020   1 příspěvků
Nov 18, 2020 at 11:11
tell me how i can start
please
Členem od Jul 20, 2020   341 příspěvků
Nov 18, 2020 at 17:58
Yes. If you are a new trader, please don't predica\t the market. Follow the market on how it goes.
Členem od Aug 21, 2020   12 příspěvků
Nov 23, 2020 at 15:29
Danny2018 posted:
tell me how i can start
please
hi @Danny2018 pls elaborate further as to on what would you like me to help with?
Členem od Mar 17, 2021   536 příspěvků
May 24, 2021 at 18:36
Every trader should do their trading according to the market situation.
Členem od Jul 23, 2020   869 příspěvků
Jun 09, 2021 at 06:10
Use strategy to make a profit rather than making random trades.
Členem od Apr 15, 2020   219 příspěvků
Jun 11, 2021 at 06:00
Follow this, understand the current market situation, stay updated with major economic events, set your risk reward ration, check for the best entry price , set SL and TP, place the trade.
The more your practice, the more you learn.
Členem od Mar 26, 2021   29 příspěvků
Aug 04, 2021 at 11:01
It will be necessary to learn to understand in many directions in order to take into account all the points that can somehow affect the course of trading
Členem od Jul 23, 2020   759 příspěvků
Sep 05, 2021 at 13:40
Proper analysis can help you to predict the future market.
Členem od Jun 15, 2021   16 příspěvků
Sep 06, 2021 at 07:11
@SofieAndreasen i don't concur , no analysis helps you predict the market but they help you to make your strategies as per previous market movements.
Členem od Mar 28, 2021   617 příspěvků
Sep 06, 2021 at 07:15
Every trader should have strategy and plan and they should stick to it. It the market situation is not supporting your system, stay away from the market.
Členem od Aug 21, 2020   12 příspěvků
Sep 06, 2021 at 11:17
Akasuki posted:
Every trader should have strategy and plan and they should stick to it. It the market situation is not supporting your system, stay away from the market.
true that a strategy is needed, for example one can never bet on a horse they dont have any info on
Členem od Aug 21, 2020   12 příspěvků
Sep 06, 2021 at 11:34
mattieharper posted:
@SofieAndreasen i don't concur , no analysis helps you predict the market but they help you to make your strategies as per previous market movements.
well said there @mattieharper
Členem od Sep 22, 2018   70 příspěvků
Sep 06, 2021 at 19:49
polyeseter posted:
when i started trading i learnt a few strategies and pair patterns but was still loosing more than i can make, but this was only until i learned to rather react than predict, so i would recite to myself 'reacting is trading and predicting is gambling' keep in mind you must not be emotional about losses,
 what also played a big role in my improvement was to understand that when it is said that about 70% looses their money, for me it was 'out of 10 trades you will loose 7 and win 3 ' so my 3 wins has to bring in more than all 7 loses😄 now this has made trading exciting even more
keep calm and a focused mind wishing y'all a successful trading journey


Good post totally agree
Členem od Mar 17, 2021   536 příspěvků
Nov 13, 2021 at 17:47
polyeseter posted:
Akasuki posted:
Every trader should have strategy and plan and they should stick to it. It the market situation is not supporting your system, stay away from the market.
true that a strategy is needed, for example one can never bet on a horse they dont have any info on
Proper strategy can make you rich.
Členem od Dec 15, 2019   20 příspěvků
Jan 13, 2022 at 19:36
I quite agree with you, it sometimes is almost impossible to predict the market and the future price movement, however fir this thing we use technical or fundamental analysis. Everything here is concluded in the theory of possibility and all traders have to understand it. If you know technical analysis on hundred percent it doesn't mean that you will know the future direction of the price of particular assets.
As for the reacting, then of course you should followe the latest news and always be ready for fast changes, for example, if you see that the price goes high and it literally flies to the moon, then yiu should find a moment when open short position, if you will do it on top, then you will definitely close this position in plus.
KhoiDam
Členem od May 11, 2020   21 příspěvků
Jan 20, 2022 at 20:42
It's pretty right policy, however avoid predicting the markets sometimes might be harmful for you. You know, trading activity is based on predictions, so basically, you have to predict the future price movement on particular assets. If you will just remain rwactive, then of coursde it might bring you profits, for example, if you see that your asset goes to the moon you can definitely open a position in short, because such movements also are followed by correction to the previous levels. I believe that here everything must be combined, if you will predict the market and react quickly on various changes on the market, then nothing will be able to break you down.
Členem od Jan 18, 2022   20 příspěvků
Jan 27, 2022 at 07:37
It’s true that you have to predict the market to make good profits. But do you think you will be able to do that from the very beginning when you don’t even have any idea about what is happening. No, right! So, first, educate yourself, gain experience by going with the market, and then, practice predicting it.
Členem od Dec 29, 2019   11 příspěvků
Jan 27, 2022 at 08:19
Со временем придет опыт и новые трейдеры научатся торговать. Будет много потерь денег. Только торговать надо учится на реальные деньги, а не на демо. Таким образом происходит закалка психологического состояния трейдера. Без падений и ошибок опыт не придет. Это сравнимо с ребенком , который только учится ходить. Он встает и падает, встает и опять падает. И начинает думать, Почему Я упал. Пробует опять. И опять и опять. Итог очевиден.
Тише едешь дальше будешь.
Členem od Jan 24, 2022   20 příspěvků
Jan 27, 2022 at 09:45
frandunn posted:
It’s true that you have to predict the market to make good profits. But do you think you will be able to do that from the very beginning when you don’t even have any idea about what is happening. No, right! So, first, educate yourself, gain experience by going with the market, and then, practice predicting it.
Exactly! This is the right way to succeed in the forex market. Those who follow win, those who do not fail. Simple!
Členem od Dec 29, 2019   11 příspěvků
Jan 28, 2022 at 11:07
К этому и стремлюсь. Стратегия хорошая есть.
Тише едешь дальше будешь.
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