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07-17-2013, 10:51 AM #151
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you can know about your position when you have skill on the the forex trade then you to know your self and i think you to know and think which position now you are .you have good position by doing demo trade and it have to need for long time trade so be remain without gain skill you can be good trader
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07-17-2013, 08:25 PM #152
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It's not easy to get any relevant indicators and market trader craze at what level and what the auction start time, but a lot of the work for you, even if merchants have the market size prefer can be used as now where buyers can easily create better income, it is important for the highest we prefer to buy and sell and the London market is one more great zmanfiqt due to the amount of time can be easily higher than income.
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07-18-2013, 12:54 PM #153
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many newbie traders do not know when to open the position in the market and that is the main lack that they have.a newbie should have a hold in dealing with the demo account first as it will bring confidence in them then along with this they should be seeking knowledge from experts and then confidently open a position but invest less now
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07-18-2013, 01:04 PM #154
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This is we are talking about the market analysis matter. In Forex world, analysis is the key to success. When and where to get the position or invest is totally depends on the market analysis. If the trader professional and trade wisely, they all time is good time for them to get position in the market.
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07-18-2013, 02:06 PM #155
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that's right most of newbies don't know when to open position and when to close position so they lose their money again and again, For newbies they must learn first when to open position,they can learn by practice in demo account to master their trading strategy, after learn and master their trading strategy they will know when to open position and when to close position.
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07-18-2013, 09:24 PM #156
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Well this is some thing that when you become master of this you can call your self as experienced and professional forex trader,
Because with a months or even years of practice on demo accounts you will be able to develop this technique these skills in side of you that you will be able to determine when you should enter in a trade and when you must exit from trade,these are some rules which are very important to carry on .
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07-21-2013, 07:19 AM #157
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we will know our own open position if we have the by looking at our current trade. at the lower of the platform at the left there is trade. just click at it and we will know our current position. nothing special for this one except pending order at there.
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07-21-2013, 12:14 PM #158
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Traders can know when to open or close a position by analyzing the market. We should not simply trade Forex because it is open 24 hours a day but only trade when we perceive a suitable opportunity to make money. Trading should be based upon knowledge and not on hopes, intuitions or emotions.
A trader should first analyze the amrket using various charts and indicators and then form his trading plan. A good trading plan focuses on the safety of our capital and also denotes when to open a particular order and when to close the same.
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07-21-2013, 12:22 PM #159
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It truly is most crucial which professionals need to well aware about this cracking open associated with jobs mainly because any time professionals realize and possess know-how in addition to marketplace details to see the suitable development associated with Foreign exchange market and possess almost all signals this time speculator can easily superior understand how to start location in addition to which often time can be a lot more finest in addition to conserve intended for cracking open associated with postion this time speculator can easily gain great cash.
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07-21-2013, 12:56 PM #160
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I guess you are mistaking here. Here what is asked is not about the process of entering a trade. Here what is asked is that how you will realize that it is the correct time to get into action and buy/sell our positions.
Well, in contrary to the thread, i would say that the main factor decides here how accurately we will take decisions here is our market analyzing knowledge. If you can analyze the market movement well, then surely the chances will be higher the market will move in your favor but we can never be too sure of such trade, because the forex business is very much unpredictable and uncertain.
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07-21-2013, 01:23 PM #161
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Actually it is simple for all the traders trading in the trade market to understand the trends of the market movement but only if they will work hard for understanding and analyzing it .But if the traders expect that the charts move continually as per their predictions about the trade market then thinking that way the traders are actually very very wrong.For any traders trying to trade here in the trades if there is one thing that proves to be important then that is to first of all understand the trades well.
And any traders who have not really understood the market well can also not become able to understand or analyze the market well.And when the traders have not analyzed the market properly then they will never be able to predict the market well too and therefore they will be wrong about their prediction of the trends of the market and its movements.And this can lead the traders into some serious series of losses in their trades for sure.
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07-21-2013, 05:06 PM #162
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Well to know what is the right time to open or close the market we will have to know the market. Watching the market and price movement for some time may give you an idea of where it is taking support and what level is working as resistance. It become easy to decide when we know the market turning points and can decide our trades accordingly for faster and better profits.
Another idea may be subscribing some signals/tips and when you get the price which is mentioned in the signal as entry price you can open the trade setting specified stop loss and target.
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07-21-2013, 06:53 PM #163
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first, we do not ever predict for the market price to get the position, it will make us become a gambler and not as the trader, and it means, we do trading based on what we see and read, and not based on the feeling, and the trader need to know their basic, what methods they use for trading, and i believe they will understand for how to put or wait the moment until we can put the order, and the important thing here, please, avoid to bet, guess or predict for the market, and do not make them as the basic of our analysis
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07-21-2013, 08:45 PM #164
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this is the best way to be successful trader to know why and when you have to open new position that mean that you based your trading with somethings and that for me good thing and may gives you good profit for me i open my positions according to my analysis and strategy when it gives me good indicator and signal that this is the best time to trade i open order to know the right time and right pair is the most important thing in this job
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07-21-2013, 08:52 PM #165
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Is confusing if you don't have good knowledge and understanding about the business, many of the time I my self don't no when to open position, I open position when my mind tell me to do so, I do not trade with news so I trade when ever my mind lead me to trade.