Everything goes wrong

[Aaron Dias]

At present i can say that with my trades i am getting a constant source of income. What that means is that on an average i can get around 200$ per month from Forex markets

It will be a good income to start with and you are actually doing better than most of the traders out there

 

[EURUSD]

There is nothing wrong with forex business, if there is wrong with our account so the problem is our own system or strategy to apply in the right timing. If you're positive in mind then you don't need to be worry with mistake in trading because you can learn something from you mistake too. Learning by doing is the most effective way to learn about forex business.

 

[ForexVerified]

Indicators are lagging. What you see in the past makes sense, what you see now doesn't since the indicators are still adjusting to current market price. Spend more time in front of your computer and soon you'll start to notice patterns that will help you out in your trading decisions (better to watch M5 time frame since bars form faster).

 

[Aaron Dias]

There is nothing wrong with forex business, if there is wrong with our account so the problem is our own system or strategy to apply in the right timing. If you're positive in mind then you don't need to be worry with mistake in trading because you can learn something from you mistake too. Learning by doing is the most effective way to learn about forex business.

Forex trading will become more rewarding experience for us only after we will learn about a good trading strategy that can be used with success and we can earn income using that easily

 

[Michael Hasting]

It's so painful when everything goes wrong and that too when you are expecting it to be your best day!

 

[Aaron Dias]

It's so painful when everything goes wrong and that too when you are expecting it to be your best day!

Yes i have seen that many days i cannot get income in my trades and i am making some losses that is why i have to learn how to do selective trades

 

[Michael Hasting]

Yes i have seen that many days i cannot get income in my trades and i am making some losses that is why i have to learn how to do selective trades

Very true dear, I have also learned this lesson after suffering from losses. Ultimately education is the way to succeed and if we go with short cuts, it is eventually leading into heavy losses. I am thankful to Baby Pips for guiding me well while also my broker for providing facilities to execute whatever I learned without much cost on demo account and of course FPA for having such a wonderful forum to share and discuss about various things most importantly strategies.

 

[nahiyar]

We are responsible for loss not our broker .They give you risk warning .It is up to a trader how much risk he is dealing. When your analysis is weak you will see every thing is wrong with trading you want to buy market turns towards sell positions. Just do some more effort to know market and manage risk well to get rid of loss.

 

[victoriajensen]

That does happen sometimes which is why it's so important to be adaptable. If your analysis and strategy are wrong, try something else. Learn from your mistakes and strive not to repeat them.

 

[EURUSD]

Forex trading will become more rewarding experience for us only after we will learn about a good trading strategy that can be used with success and we can earn income using that easily

It is important for traders to have good strategy in trading because it can help you to gain more profits and minimize loss but good strategy only is not enough to make you capable to gain consistent profit in trading. Traders must have good money management and risk management because you must make preparation when the condition is not same with your prediction so you won't lose more than you could afford to take.