What is more important to get more or falling softly?
Greetings!
This one is for the newbies to master the occupation of a trader ( Im also at this level)
When you are thinking about how to trade, you are reminding at once the rules of holding the profit( let it grow), cutting the losses, and the most important thing -is that PROFIT SHOULD BE
HIGHER THAN LOSSES AND BETTER IN A FEW TIMES!
I would name these rules as the gold ones.
We as newbies traders have very stocky problems. " It would be better to not get lost" and show some minimum stable result.
The main problem is that market is unstable. It's hard to operate on it with the usual terms as 3 profits and 1 loss etc. Forex is not for everyone.
How many not established situations are happening! The exits without losses, lack of the profits, the news which are breaking the trends. Vagueness! Plus individual physiology.
In practice, the newbies and not only they have lots of positions with losses/without losses and small profits.
If it's impossible to get the profit which is closed to the planned
one, maybe it's important to fall down more softly?
So I have a such ideas and I'm working with a such pair as Eurochief(EURCHF) since the end of the may 2009.
It became interested. These two pairs are going synchronously and
there was not strong continuous trends for a long time, mostly it's a flat. There were the deals run itself, because I didn't know what was going on, but as the result the market was available
to close in plus. The average result was 10% of the month, at the very lazy trading. I think if to make the strategy more perfect and have a chance to trade often it's so real to get 15-20%
monthly.
As soon as I get this level with the help of current instrument I
will write. Psychologically I don't feel such stress, like when I'm working with major pairs.
As a matter of the fact, in the correction, unexpected trends and
separation on the majors have became the active power in the hands of the speculators. The financial leaders want to fight against it: to make the cutting of the shoulder, cancel the
stop-losses and take profits. It makes a big influence on the economy to maximize short term income.
Anyway, the
investmentforge.com is working perfectly. Earning money for their clients
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