Tips For Forex Trading Always Profit For Beginners
Tips For Forex Trading Always Profit For Beginners - Many traders are looking for ways to always profit when trading forex. This is a natural thing. Everyone certainly does not like to have to bear losses due to wrong predictions or other causes. Therefore, in order to find a powerful system so that forex trading is always profit, traders will try various types of forex analysis techniques, technical indicators, forex robots (Expert Advisors), and so on. However, those who search for it will find that losses will still occur, no matter what system is used.
In fact, no one can control the market or predict the future 100 percent perfectly. Big traders like George Soros, whose money is billions of US Dollars and whose acumen has been recognized alone are not able to do it and must bear losses at any time, let alone small traders like us. However, there are two ways to ensure that forex trading is always profit in a certain period of time.
1. Don't calculate profit-loss per trading position; but per period of time, for example per week, per month, per 50 trading positions, per 100 trading positions, and so on. Thus, we can free ourselves from the pressure of having to win every time we open a position. A loss of several times is not a problem, because in a broader perspective, the profits obtained are still greater.
From the perspective of capital management (Money Management), this method is also better and more balanced, because after all we will usually withdraw profits after a certain period of time, not after closing each trading position. So, in practice, a trader can determine, for example, will withdraw profits once a month if in a month that has closed at least 20 trading positions. The 20 closed trading positions don't have to win all of them. It could be 2-5 of them suffer losses, as long as 15-18 of them win, then profits can still be taken home.
2. Don't trade with the same lot of lots; but reduce the lot trading lot if you are experiencing a loss, then raise it again after profit. It may be that a trader has implemented the first tips, but it still suffers losses because the system's Win Rate is very low. Well, if so, then try these second tips.
For example, if you usually trade 4 micro lots per position, then after experiencing a continuous loss (say 3 times loss), reduce the number of lots to 3 micro lots per position. Next, if you have won, then increase the number of lots to 4 micro lots. These tips can boost the resilience of capital trading, especially if the initial inventory is small.
If both of these methods are applied in proportion to the capital and leverage and our trading system, then surely it can be a way for forex trading to always profit. You don't need to look for a trading system with 100% accuracy that is just an illusion.
Thus are the tips that I can convey this time about Tips For Forex Trading Always Profit For Beginners. Hopefully useful and good luck.
In fact, no one can control the market or predict the future 100 percent perfectly. Big traders like George Soros, whose money is billions of US Dollars and whose acumen has been recognized alone are not able to do it and must bear losses at any time, let alone small traders like us. However, there are two ways to ensure that forex trading is always profit in a certain period of time.
1. Don't calculate profit-loss per trading position; but per period of time, for example per week, per month, per 50 trading positions, per 100 trading positions, and so on. Thus, we can free ourselves from the pressure of having to win every time we open a position. A loss of several times is not a problem, because in a broader perspective, the profits obtained are still greater.
From the perspective of capital management (Money Management), this method is also better and more balanced, because after all we will usually withdraw profits after a certain period of time, not after closing each trading position. So, in practice, a trader can determine, for example, will withdraw profits once a month if in a month that has closed at least 20 trading positions. The 20 closed trading positions don't have to win all of them. It could be 2-5 of them suffer losses, as long as 15-18 of them win, then profits can still be taken home.
2. Don't trade with the same lot of lots; but reduce the lot trading lot if you are experiencing a loss, then raise it again after profit. It may be that a trader has implemented the first tips, but it still suffers losses because the system's Win Rate is very low. Well, if so, then try these second tips.
For example, if you usually trade 4 micro lots per position, then after experiencing a continuous loss (say 3 times loss), reduce the number of lots to 3 micro lots per position. Next, if you have won, then increase the number of lots to 4 micro lots. These tips can boost the resilience of capital trading, especially if the initial inventory is small.
If both of these methods are applied in proportion to the capital and leverage and our trading system, then surely it can be a way for forex trading to always profit. You don't need to look for a trading system with 100% accuracy that is just an illusion.
Thus are the tips that I can convey this time about Tips For Forex Trading Always Profit For Beginners. Hopefully useful and good luck.
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