What are the procedures? What are the methods? How to gain the maximum outfit?
Different questions arises.
Thoughts and suggestions are welcome
Ok. If you ask me, why not take look at any currency pairs, D1 chart? What do you see? Is it possible to set stop orders, buy and sell at the beginning of trading day, where distance between buy price and sell price is not too narrow or too wide? When price trigger one of them and move further away from them, isn't that profit? Either close the trade and take profit or modify stops to secure profit gain thus far.
Can you see it? I find it hard to explain the whole strategic idea in further details. But I do know this trading strategy can earn more or less like having payday and overtime pay and, also a chance to earn bonus pay, all that, in a day or few.
This would be interesting to manage money and trades as desired, lets just say, setting the salary you deserve to get.
A lot has been said about trading discipline, but very little about organisation. Order leads to consistency and consistency is what this article is about. Everything starts with your trading routine. You need a strict plan that will cover most of your trading activity and will help you reduce the random factor to an absolute minimum. Many beginner traders develop negative trading habits. For example, they overtrade once, get lucky, carry on and end up wiping out their account.
Knowledge, Experience and skills are needed to become successful in Forex and to earn maximum in it. You need to practice a lot and learn from your mistakes and then improve your trade gradually to earn maximum. Remember Rome was not built in a day. So it will take some time.
Wait a minute, while we are rendering the calendar
FF Asia is the premier South-East Asian forum on retail foreign exchange (Forex) trading. The community has attracted more than 24,000 traders since inception. The website serves its special interest network including media partnerships with event organizers, online discussion forums, social network, copy trading, provide economic report data, trading blogs and broker informational data.