Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to Thread
    Page 170 of 192 FirstFirst ... 165 168 169 170 171 172 175 ... LastLast
    Results 1,691 to 1,700 of 1912

    Thread: RSI, ZigZag in D1 Time Frame

    1. #1691
      My charts talk to me!
      I am:
      ----
       
      whiteliontrader has much to be proud of whiteliontrader has much to be proud of whiteliontrader has much to be proud of whiteliontrader has much to be proud of whiteliontrader has much to be proud of whiteliontrader has much to be proud of whiteliontrader has much to be proud of whiteliontrader has much to be proud of whiteliontrader has much to be proud of whiteliontrader's Avatar
      Posts
      732
      Accumulated bonus
      394.94 USD (What is this?)
      Thanks
      788
      Thanked 1,272 Times in 465 Posts

      Default

      Quote Originally Posted by Oghale View Post
      Stop loss is really not necessary because you can do without it, the only thing there is that you need to be watching the chart so that you will know exactly when the price is going against your trade and make plans to leave with a small loss, this is a bit complex though.
      Try to be trading with stop loss at all times, this is necessary for you when you want to be the kind of trader that will be successful in what they do. Forex trading is very risky, we can not be sure that we will make money through the pattern we traded or we will lose money through that pattern. For this reason, i am certain that when we do use stop loss, we will be secured in our trading position, and that is a good move by any trader that can do it well.

      But in the case you are trading and not using the stop loss, you are just calling failure to yourselves. The market is always not easy to be traded at all times, it is the trader that will need to plan well on what to do, that is what will limit the way the trader is risking in the market, And come to think of it, if you are trading without stop loss, what kind of trader will you simply be, and what will be the fate of your trading account if you are doing a bad trading like that? This is what i want you to think about, it is better to use stop loss than not to use it.

    2. The following 4 users say Thank You to whiteliontrader for this useful post.

      Honey Bee (04-16-2018), Interlock (04-16-2018), loveyo (04-16-2018), shahidmehmopd (04-16-2018)

    3. <a href="http://forum.mt5.com">‘ÓūŚÍŮ ÔÓūÚŗŽ</a>
    4. #1692
      MT5 Addict
      I am:
      Cheerful
       
      786pk has a brilliant future 786pk has a brilliant future 786pk has a brilliant future 786pk has a brilliant future 786pk has a brilliant future 786pk has a brilliant future 786pk has a brilliant future 786pk has a brilliant future 786pk has a brilliant future 786pk has a brilliant future 786pk has a brilliant future 786pk's Avatar
      Posts
      671
      Accumulated bonus
      685.25 USD (What is this?)
      Thanks
      782
      Thanked 1,904 Times in 554 Posts

      Default

      Quote Originally Posted by Oghale View Post
      Stop loss is really not necessary because you can do without it, the only thing there is that you need to be watching the chart so that you will know exactly when the price is going against your trade and make plans to leave with a small loss, this is a bit complex though.
      I don't agree with you on this point regarding stop loss stop loss is mandatory thing in Forex and you would not get a longer term success without if because if market crashes like we see in past then you can't survive in that situation when few years ago CHF strong it give 2500 to 3000 pips move in market in 5 minutes How you survive in that situation?

    5. The following 6 users say Thank You to 786pk for this useful post.

      Honey Bee (04-16-2018), Interlock (04-16-2018), loveyo (04-16-2018), shahidmehmopd (04-16-2018), whiteliontrader (04-16-2018), zahidmehmood (04-16-2018)

    6. #1693
      Forex in the blood
      I am:
      ----
       
      ola4real is a name known to all ola4real is a name known to all ola4real is a name known to all ola4real is a name known to all ola4real is a name known to all ola4real is a name known to all ola4real's Avatar
      Posts
      317
      Accumulated bonus
      83.19 USD (What is this?)
      Thanks
      252
      Thanked 629 Times in 215 Posts

      Default

      Quote Originally Posted by Oghale View Post
      Stop loss is really not necessary because you can do without it, the only thing there is that you need to be watching the chart so that you will know exactly when the price is going against your trade and make plans to leave with a small loss, this is a bit complex though.
      I have seen traders saying that stop loss is not good, i have seen countless of them coming back to say that the use of stop loss is good, which one will we have to believe? To me, i can not say that the stop loss is not compulsory since i know the good value of using the stop loss. Maybe you are saying that stop loss is not necessary because you are using the bonus account, you might not really care if you lost it or not. But if it was your real money account, you might not be able to say the same thing that stop loss is of no need.

    7. The following 3 users say Thank You to ola4real for this useful post.

      Honey Bee (04-16-2018), Interlock (04-16-2018), loveyo (04-16-2018)

    8. #1694
      FX Vampire
      I am:
      Dead
       
      Interlock has a reputation beyond repute Interlock has a reputation beyond repute Interlock has a reputation beyond repute Interlock has a reputation beyond repute Interlock has a reputation beyond repute Interlock has a reputation beyond repute Interlock has a reputation beyond repute Interlock has a reputation beyond repute Interlock has a reputation beyond repute Interlock has a reputation beyond repute Interlock has a reputation beyond repute Interlock's Avatar
      Posts
      1,754
      Accumulated bonus
      697.23 USD (What is this?)
      Thanks
      2,242
      Thanked 3,265 Times in 1,015 Posts

      Default

      Stop loss is really not necessary because you can do without it, the only thing there is that you need to be watching the chart so that you will know exactly when the price is going against your trade and make plans to leave with a small loss, this is a bit complex though.
      It's really painful as well as pathetic to spend day after days without trading. I have lost all of my bonuses due to not using stop loss. I request to everyone please avoid taking such kinds of horrible decision. Don't try to get everything from a single trade. The more you trade then the more you can get profit. Now i am using demo account and missing my real trading account. If you don't wanna face such situation then please avoid greed and try to use stop loss in every trade.
      Who Is Your Creator And What Is His Intention? Find It Before It Becomes Too Late. If You Search You Will Realize That Allah Is One. May Allah Bless You.

      My Trading Journal: RSI, ZigZag in D1 Time Frame

    9. The following 9 users say Thank You to Interlock for this useful post.

      FlyingShark (04-16-2018), Honey Bee (04-16-2018), loveyo (04-16-2018), MartyFish (04-16-2018), Neriah (04-16-2018), Oghale (04-16-2018), simisola (04-16-2018), Unregistered (2)

    10. #1695
      I just can't quit pips!
      I am:
      Inspired
       
      loveyo has a reputation beyond repute loveyo has a reputation beyond repute loveyo has a reputation beyond repute loveyo has a reputation beyond repute loveyo has a reputation beyond repute loveyo has a reputation beyond repute loveyo has a reputation beyond repute loveyo has a reputation beyond repute loveyo has a reputation beyond repute loveyo has a reputation beyond repute loveyo has a reputation beyond repute loveyo's Avatar
      Posts
      5,148
      Accumulated bonus
      1254.01 USD (What is this?)
      caught pokemons
      230 (What is this?)
      Thanks
      3,324
      Thanked 5,091 Times in 1,818 Posts

      Default

      Quote Originally Posted by Interlock View Post
      It's really painful as well as pathetic to spend day after days without trading. I have lost all of my bonuses due to not using stop loss. I request to everyone please avoid taking such kinds of horrible decision. Don't try to get everything from a single trade. The more you trade then the more you can get profit. Now i am using demo account and missing my real trading account. If you don't wanna face such situation then please avoid greed and try to use stop loss in every trade.
      Agree with you dear Interlock and I think we should achieve proper knowledge, proper analysis, follow good money management, follow risk management, use trading tools, discipline and properly follow all Forex rules before open position in Forex market then we may success and we can protect our invest and account both. And we should try to learn our previous mistake. Wish you best of luck. Thank you.

    11. The following 12 users say Thank You to loveyo for this useful post.

      Honey Bee (04-16-2018), Interlock (04-17-2018), Leonvic90 (04-16-2018), Neriah (04-16-2018), Oghale (04-16-2018), simisola (04-16-2018), Sixteen (04-16-2018), Timon (04-16-2018), Unregistered (4)

    12. #1696
      My charts talk to me!
      I am:
      ----
       
      Honey Bee has a reputation beyond repute Honey Bee has a reputation beyond repute Honey Bee has a reputation beyond repute Honey Bee has a reputation beyond repute Honey Bee has a reputation beyond repute Honey Bee has a reputation beyond repute Honey Bee has a reputation beyond repute Honey Bee has a reputation beyond repute Honey Bee has a reputation beyond repute Honey Bee has a reputation beyond repute Honey Bee has a reputation beyond repute Honey Bee's Avatar
      Posts
      892
      Accumulated bonus
      543.23 USD (What is this?)
      Thanks
      2,927
      Thanked 2,813 Times in 589 Posts

      Default

      Quote Originally Posted by loveyo View Post
      Agree with you dear Interlock and I think we should achieve proper knowledge, proper analysis, follow good money management, follow risk management, use trading tools, discipline and properly follow all Forex rules before open position in Forex market then we may success and we can protect our invest and account both. And we should try to learn our previous mistake. Wish you best of luck. Thank you.
      Well said these are the good qualities of expert trader they will enter in live market will proper planing and analyses the market chart, facing many ups and down in live market must use Stop loss and Take profit on every trade then we will safe our account from red margin call and success in making daily based profit.

    13. The following 8 users say Thank You to Honey Bee for this useful post.

      Interlock (04-17-2018), Leonvic90 (04-16-2018), Neriah (04-16-2018), Oghale (04-16-2018), shahidmehmopd (04-17-2018), simisola (04-16-2018), Sixteen (04-16-2018), Timon (04-16-2018)

    14. #1697
      MT5 Resident
      I am:
      ----
       
      simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola's Avatar
      Posts
      6,184
      Accumulated bonus
      2225.50 USD (What is this?)
      Thanks
      11,993
      Thanked 8,856 Times in 2,409 Posts

      Default

      Forex is about luck, practice, patience, discipline, self control and understanding, the issues of whether it is important to use stop loss or not is really not the problem, our greatest challenge is lack of money management which is something that needs to be handled, the forex traders that don't use money management are the ones with the greatest issues.

      My Trading Journal: ~~~My RSI AND 200 EMA Combo~~~

    15. The following 7 users say Thank You to simisola for this useful post.

      Interlock (04-17-2018), Leonvic90 (04-16-2018), Neriah (04-16-2018), Oghale (04-16-2018), shahidmehmopd (04-17-2018), Sixteen (04-16-2018), Timon (04-16-2018)

    16. #1698
      My charts talk to me!
      I am:
      ----
       
      Neriah has a reputation beyond repute Neriah has a reputation beyond repute Neriah has a reputation beyond repute Neriah has a reputation beyond repute Neriah has a reputation beyond repute Neriah has a reputation beyond repute Neriah has a reputation beyond repute Neriah has a reputation beyond repute Neriah has a reputation beyond repute Neriah has a reputation beyond repute Neriah has a reputation beyond repute Neriah's Avatar
      Posts
      708
      Accumulated bonus
      462.86 USD (What is this?)
      Thanks
      4,797
      Thanked 3,732 Times in 602 Posts

      Default

      If you don't use stop loss for your trading, the essence of this is that you are prepared for whatever outcome happens to your account and we do this especially when we want to be care free about what balance is left for us to trade, I don't believe that should be the best approach for us to adopt because it is an invitation for easy margin call.

    17. The following 7 users say Thank You to Neriah for this useful post.

      Interlock (04-17-2018), Leonvic90 (04-16-2018), Oghale (04-16-2018), Sixteen (04-16-2018), Timon (04-16-2018), Unregistered (2)

    18. #1699
      FX Zombie
      I am:
      ----
       
      maximum is a glorious beacon of light maximum is a glorious beacon of light maximum is a glorious beacon of light maximum is a glorious beacon of light maximum is a glorious beacon of light maximum's Avatar
      Posts
      2,703
      Accumulated bonus
      822.74 USD (What is this?)
      Thanks
      115
      Thanked 493 Times in 244 Posts

      Default

      One thing most forex traders normally ignore is how convenient is our term of trading to us, in fact this is one of the many factors traders must consider before choosing time frame to trade. Both short and long term trading are good, they also have their shortcomings. A full time trader can maximize profit trading any time frame but larger time frames are better for part time trader

    19. The following 3 users say Thank You to maximum for this useful post.

      Interlock (04-17-2018), Unregistered (2)

    20. FB
    21. #1700
      FX Vampire
      I am:
      Daring
       
      Leonvic90 has a reputation beyond repute Leonvic90 has a reputation beyond repute Leonvic90 has a reputation beyond repute Leonvic90 has a reputation beyond repute Leonvic90 has a reputation beyond repute Leonvic90 has a reputation beyond repute Leonvic90 has a reputation beyond repute Leonvic90 has a reputation beyond repute Leonvic90 has a reputation beyond repute Leonvic90 has a reputation beyond repute Leonvic90 has a reputation beyond repute Leonvic90's Avatar
      Posts
      1,877
      Accumulated bonus
      988.10 USD (What is this?)
      Thanks
      7,511
      Thanked 5,437 Times in 1,163 Posts

      Default

      Interlock I can see that you opened a demo account for trading, I believe that you did the right thing because it is better to stay in touch with the market so that when we have another cash flow for trading we won't be disconnected from the market, but I will also advise that you take it easy this time around with your trading so that margin call won't happen again.

    22. The following 5 users say Thank You to Leonvic90 for this useful post.

      Interlock (04-17-2018), Neriah (04-17-2018), Oghale (04-16-2018), Sixteen (04-16-2018), Timon (04-16-2018)

    Reply to Thread
    Page 170 of 192 FirstFirst ... 165 168 169 170 171 172 175 ... LastLast

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts