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  • Closed Thread
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    Thread: Trading without direction

    1. #1
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      Default Trading without direction

      some traders are doing trades without follow of market direction ,they can not follow the market trend , are you agree with me or not?

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    2. The Following User Says Thank You to tanibutt3 For This Useful Post:

      dhineshramu (01-10-2014)

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      no trading needs planning if you tarde with out planing and direction then you will not success in trade because it need some planing so try to have target and direction then trade

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      Default

      This is a very fool thing to do, all traders need to know the direction of the marks before they launch the trading attack, if you launch an attack without knowing the direction of the market, then you will be gambling, and this does not fit a good forex trader.

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    5. #4
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      Forex market direction means trend. Most of FOrex trader don't understand market trend so they open trade when market going one trend so before start trading market direction I mean trend understand must important.
      I strongly belive Man can do anythings

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      Default

      Quote Originally Posted by tanibutt3 View Post
      some traders are doing trades without follow of market direction ,they can not follow the market trend , are you agree with me or not?
      hi ..... If I agree to it but it's better to use market trends that have been analyzed. use indicators that you think could be a supporter of your trading, many people trade without following the direction of the market that the results are not good but loss. so it would be nice to use the market directions more secure .... regards

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    7. #6
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      Default

      not some traders, most of the traders do their trades without knowing the market trend, because they mostly are gamblers and they try their luck only, they don't have any problem if they lose their money, mostly they do their trading on the basis of bonus amount or no deposit bonus.
      If you are newbie then don't send friend request just Learn basics of forex Trading

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    8. #7
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      I think this is possible from newcomer because new traders can do this mistake and make a trade without market direction and without analysis the market trend but mostly trader use any strategy plan for success .

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    9. #8
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      Default

      Quote Originally Posted by tanibutt3 View Post
      some traders are doing trades without follow of market direction ,they can not follow the market trend , are you agree with me or not?
      whatever strategy a trader follows one should always trade with the trend direction. if your trading system gives sell signal and the trend is upward then the signal should be avoided and trade should not be made. i am a scalper and i trade in 5 min chart. i find signals in 5 min chart and confirm it with 15 min chart for trend direction. i can filter the false signals through this method.

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      Quote Originally Posted by tanibutt3 View Post
      some traders are doing trades without follow of market direction ,they can not follow the market trend , are you agree with me or not?
      Yes, usually make mistakes like that are newbies and it resulted in the exhaustion of capital in their accounts, trading without direction is a gamble. Forex trading is a business investment that can provide great benefits but has a high degree of risk. If you do not have enough experience and knowledge that we can be sure you will experience your first bankruptcy when your foot in the forex business. Hopefully we can be successful in this field. regards

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    11. #10
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      Your trading method is very good analysing the market is very important for a trader it gives direction for the trader for a profitable trade. Scalping does not need much long term analysis this makes trading easier Knowing the direction of the market is needed mostly for long term trade.

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