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Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Sep 06, 2021 at 11:34
well said there @mattieharper
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Sep 06, 2021 at 11:17
true that a strategy is needed, for example one can never bet on a horse they dont have any info on
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Nov 23, 2020 at 15:29
hi @Danny2018 pls elaborate further as to on what would you like me to help with?
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Nov 18, 2020 at 10:47
well said i couldn't have said it better
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Nov 17, 2020 at 09:54
when you react it means you go with the market trend, trading with the big institutions such as your hedge funds and big banks, now to do this you should analyze the cot data (commitment of traders report) for e.g always trade the trend, if its a bullish trend you will wait for the market to reach support and then monitor price action so you put your buy order with minimum risk and if its a bearish trend take your trade on resistance. its always best to trade the market trend thus fundamental and technical analysis work best together
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Nov 16, 2020 at 11:35
true that, for beginners must know that big profits will come from the little that is collected in a long run, one should value as little as $ 10 profit to be pocketed and do that over & over and see you acc grow THEN once you have gained confidence in your trades you increase your lot size then grow bigger
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Nov 16, 2020 at 11:27
you have a valid point "after detailed analysis" Take note if you analyze first and trade based on your analysis it therefore mean you are reacting not predicting, remember you do not have to trade every day or just anytime without any valid reasons, one should have a set of rules as to when to take a trade if all your requirements are met you will find this method to bring you more profits if you practice it well and be strict about it
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Sep 07, 2020 at 20:07
very true @fxvps_pro and you should consider yourself lucky if you make profit out of predictions without supporting reasons.
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Sep 04, 2020 at 05:14
point noted @togr i am not taking away the fact that there are many ways to kill a cat, different strokes for different folks so my point that reacting is far best than predicting is based on many personal experiences and well known facts😉
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Sep 04, 2020 at 05:05
100% on point
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Sep 02, 2020 at 10:09
😉 @Fernando9 thanks, much appreciated
Avoid predicting the markets, Rather be reactive.
på
Nya Handlare
Sep 02, 2020 at 05:38
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 excitin...
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