How to know that you have to open your position now or not ????

[Gadalay]

Forex trading is all about making the right decision at the right time. A trader should focus on deriving maximum benefit from his good trades and come out of his bad trades with minimal losses. There are various tools to help us achieve this like a stop loss, hedging etc.

A trader should always stick to his trading plans and follow money management and risk control techniques in order to survive in the markeet. A good knowledge about Forex, charts and indicators helps a trader to understand the market sentiments and form his trading decisions.

[teemoney1704]

well my own suggestion as to know wen it is the right time to open a position in the market is exactly the time that your strategy is telling to do so because your strategy is what dictate the market entry price for you because you can not do anything that your strategy did not approve then i suggest you stick with your trading plan.

[danish007]

yes I think for the traders to know the right period to open their trade and placed their position that most be through good signal generation when a clear signal is there then the trader can go ahead and placed his order.also we can have also check other analysis of the experts or to have compared our analysis to them.

[bablohosan]

It is most heavy that traders moldiness recovered knowing nearly the scuttle of positions because when traders bonk and feature knowledge and marketplace accumulation and ascertain out the reactionary disposition of Forex mart and soul all signals that term trader can better fuck how to exterior function and which instance is many first and book for acceptable money.

[Rajonbd]

If you want to know that when you need to open your position then you must need to make a good analysis on your trading chart and always follow the market news about your trading currency pair . I am always wait for news , because news is really important for us to earn profit with our trading pair . If you want to earn profit then just follow market .

[Husam]

yes it is true that newbies should do technical as well as fundamental analysis in order to understand what the market is like and how it is going to change in the future. These are just the few steps that new traders can take but still success is not guaranteed as many aspects can change that are not in the hands of the traders themselves.

[zintek]

Now on to the fun things. If you capture an excellent popular move, climbing into it is a fantastic trade modification to increase your max benefit.Again, just like Chris Parker, with greater compensate, there is a potential threat, so there are guidelines to follow to securely add to open place. Let's go over those guidelines.


Rules to securely add to successful positions:

1. Predetermine levels access for extra models.
2.Determine your threat with the extra models added.
3.Pathway stop-loss to keep growing place within comfortable threat factors.

[tutul]

To know the real time of opening any position you have to gain a lot of experience. However i think, when any pair stay a long time just upper the support or short time lower the resistance level, then place order of buy and sell respectively.

[ayushsrk]

Forex trading is all about making the right decision at the right time.

The way you are telling it,it almost sounds like a trader should just depend on his luck because forex actually is all about analyzing the market correctly and trading accordingly rather than making right decisions at the right time.When a person is gambling then at that point of time making the right decision at the right time might be important but here in the trade market a trader has to firstly depend on his proper market analysis and then with that he will be able to gain some good profits as well.

For any traders trying to trade here in the trade market there is one major thing to always bear in mind and that is to understand the market well firstly.And when the traders have analyzed and studied the market movements well then they also have a good chance to make some good profits too.

[babarjawed]

Opening, closing and adding a position in current trade totally depends upon your strategy. Different people use different methods for successful trading. A newbie must try to develop or find a strategy which could lead to the success for a long run. It is useless to focus on all the things and use a lot of indicators to gauge the market. A newbie should use what suits him and could get him end the trade with profit.

As I said, there are a lot of strategies and methods is the market. The biggest mistake newbies do is to search and try a new strategy every day. You should first analyze your self and find something which you think is best for you and should give it a time.

[KakiBesar]

After the breakout we should open a position. according to our analysis, we have predict the movement and when it breakout we should open the position. To open a position we must be patient, waiting is tiring but if we don't wait until the right time, we will loss or gain less profit. By our trading experience and all of we've learn we will know when to open a position.

[salina]

You are correct brother. I also think that when the time is right to trade, at that time only you should trade. You should also think about market trends and currency reports. So, that you can do well and start your position on trading at all. Please, tell me your's opinion friend

[diaislambd]

Forex is an uncertain trade and for trading in here we have to analysis the market in three ways such as technical analysis, fundamental analysis and sentimental analysis for getting any predictions about market.i am not expert in economics and for that i analysis the market by technically. i usually open my trade after getting proper trading signal from my various indicators.

[Dalim0621]

It's easy to choose, for each operator, as well as the development of appropriate market them at this point and the date on which the Director of the open, but almost all are related to day traders, so prefer to open high-volume tasks and it really is time the trader as income, my partner and I prefer to trade at the same time earn the London market exploitation of misaat the last time to earn more profits.

[riddy09]

@Dalim0621,
We will definitely have here preferred of the market with the high volatility but with high risks as well. The market will have a good condition or very active when their market sessions open and close. Many traders are often look for the sessions that are also overlapping which then, they can expect more volatility will involved and that they can gain huge pips for the big movements of those markets. But still money management should have applied.

We will trade or open a position based on our trading analysis or the Forex signals. It's just the trader's decision if they feel or confident enough that their trade will make winning or profit trades. There's no exact moment when it will be placed it will be always vary.