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Thread: how can i increase profit ?

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    how can i increase profit ?

    hi can any one tell me that how can we increase my profit in Forex trading , i am sure that every one have a different idea to increase so please share your opinion for newbies and also share about how can we avoid our loss ?


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    Quote Originally Posted by Jack View Post
    hi can any one tell me that how can we increase my profit in Forex trading , i am sure that every one have a different idea to increase so please share your opinion for newbies and also share about how can we avoid our loss ?
    To Increase Profits in the Forex trading:

    1. Never trade without any knowledge.

    2. Never trade when major markets are closed

    3. Always use Stop loss and Take Profits


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    Oh- that's a very important and interesting advice. I will always take this consideration before placing an order.


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    “Instead of over-trading, I will be patient and let trading opportunities present themselves to me” ----------- Don’t trade just because you feel like you have to or you want to…make sure there’s a real reason to do so and never trade when your pre-defined trading edge is not present. The downfall of most traders is over-trading, because most traders simply don’t have enough patience to trade forex like a sniper and not a machine gunner.


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    Exchange Rates always shuffle so quickly that you can not post them there will be some change in them , not much but enough to make some one wrong. So checking them is a good thing. Keeping close eye make every single.


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    Quote Originally Posted by angelnish View Post
    Exchange Rates always shuffle so quickly that you can not post them there will be some change in them , not much but enough to make some one wrong. So checking them is a good thing. Keeping close eye make every single.
    If we are quick enough we would be able to get the rates that we want and be able to make the most of the every trading opportunity that comes by our side


  7. The Following User Says Thank You to Dominator4fx For This Useful Post:

    angelnish (05-21-2012)

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