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Less is more in forex trading


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123 replies to this topic

#1
showrov1993

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If we eliminate greed from forex trading, we can earn a lot. But we don't consider less enough in forex and that keeps us down in the market. My though is if we take less, we can remain in positive side of trading. What are your thoughts?


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#2
forexlover

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I think tha loss is not more in forex trading. Loss and profit are equal. But profit can be get by knowlegde and experience and loss can be get by mistakes. Some traders belives that forex market is a scam market but I think that there is no scaming in forex market.


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#3
waseemilyas

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yes dears less thing in really are good one just accept it and try more in other time but don't greedy to get more in a current time please avoid this and to get less its large but look small so i suggest you accept it


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#4
tray22

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For me i dont called it less I called it gradual thing we need to trade with calm mind and gradually through this factor a trader is able to earn some good amount of money and thus derived positive outcome from his trade through calm mind trading which is really the best
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#5
somupriti

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Little profit can make us happy and help us to dream more profits and encourage us to do more hard work and acuire more knowledge for practice. It is the vital thing why less is more in Forex. This business needs confidence to grow and little little profits helps to build this factor for growth in Forex.


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#6
Decub

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Sure, the risky nature of Forex will definitely give traders more losses than profit. That is exactly what makes it a risky business. It is only those who are ready to overcome that that will. Forex isn't a bed of roses but a business you have to think right before you can get right. Here also, knowledge plays more role than whatever capital the trader might have.
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#7
Redoy94

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Yes if we are remove greed from our trading then we can earn more good money from the forex trading.The forex trading is very good way to earn money from online but most of the trader are greedy for that they are cannot make good money from the forex trading and also they are loss full money in the forex trading.


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#8
Stekin

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Many people are losing in the forex trading business every day by day because they are not having the enough trading knowledge to trade. If we can be able to do our forex trading analysis, I'm sure we will be able to make more and more profit from trading in here in the forex business. It is the newbie traders who don't know how to trade that are the ones who lose very well.
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#9
waseemilyas

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A great deal of men and women are discovering rid of Regardless that inside the forex purchasing and endorsing Company frequently by Finishing up day normally simply because they sometimes will not be attaining the enough investing know-The obvious solution to trade. If we might have the possibility to achieve our forex investing Assessment.


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#10
uncle gober

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it is true that we should feel sufficient for the less that is the good way of the trainig to not to greed for the more because if we try to get the more and more that is totally greed which is harm full for the tradig forex

 

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#11
Decub

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There is less risk when we go for less profit than when we. go for a higher profit, that is why it is necessary that we always aim at making some moderate profit instead of aiming at making it high in Forex. Trading gives us a chance to make money from Forex but not a chance to break banks in profit.
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#12
Ajitesh Roy

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Less / Small everything is far more in Forex than any other business and this is why this is so highly rated, it is possible only here where we are capable of making huge money with lower investment while with any other work, it is next to impossible to make decent amount without risk. Currently with OctaFX broker, I am able to make decent amount without having to take risk and this is thanks to OctaFX broker with their IB program, I joined it under my friend and always make 15 dollars per lot size trade.


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#13
Decub

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Less / Small everything is far more in Forex than any other business and this is why this is so highly rated, it is possible only here where we are capable of making huge money with lower investment while with any other work, it is next to impossible to make decent amount without risk. Currently with OctaFX broker, I am able to make decent amount without having to take risk and this is thanks to OctaFX broker with their IB program, I joined it under my friend and always make 15 dollars per lot size trade.

But it doesn't mean if you have the chance to take some big chances you shouldn't take. I know having it in bits is somewhat preferable and it is even one of the ways you can make something good and reasonable from the market and make something from the market.


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#14
myregister

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I think what people mean here is earn less which means better here. To certain extent this thing is right but according to me not always, it`s just like leave your greed for good which i think is impossible.
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#15
sidejob

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Well it might be true that earn less which means better because we don't have to sacrifice a sizeable amount of money just to get bigger results. Earn less that means your risk of losing your money and i think many people who actually newbie prefer this way.


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#16
myregister

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Well it might be true that earn less which means better because we don't have to sacrifice a sizeable amount of money just to get bigger results. Earn less that means your risk of losing your money and i think many people who actually newbie prefer this way.

That is also depend on your strategy but once again you should back to you strict risk management rules, I've do it many time(breaking my own rules) and most of the results are very bad. I only once gain double profit but the rest are double loss. As long as i don't exceed more than my 5% total current capital that is not 'more' but still 'less' to me.


Edited by myregister, 21 December 2015 - 02:21 AM.

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#17
sidejob

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Less means less risk it is good but your earning would be low. This is just simple logic, you must risk more in order to earn more. If you want less risk then your chance to earn would be lower rather than the one who want to risk their account with bigger lot or pips. So It isn't a valid statement that less is more. But you can reduce the risk by doing this.


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#18
danielk5

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@sidejob,its better to take low risk and succeed gradually rather than taking high risk and at the end of the day you blow your account off so I go with low risk
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#19
sidejob

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But foreign exchange is already high risk business friend, losing money in relatively shorter time is a common thing which happened to forex nowadays. If you want better earning for sure you must try to sacrifice more, to get $1000 it is better to choose 1 lot size rather than 0.01 lot size for example.


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#20
myregister

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Less means less risk it is good but your earning would be low. This is just simple logic, you must risk more in order to earn more. If you want less risk then your chance to earn would be lower rather than the one who want to risk their account with bigger lot or pips. So It isn't a valid statement that less is more. But you can reduce the risk by doing this.

It is true that our earning might be low compared to someone who are ready to sacrifice their capital. This is common sense, sacrifice more then there are 2 options either you make big profit or big loss. In the end i think what original poster here mean is less in terms of pips. I mean many people already reached their target but want more so they create an unecessary risk for theirselves.


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