Results 1 to 4 of 4
  1. #1
    Banned Array
    Join Date
    Oct 2017
    Posts
    0
    Thanks
    0
    Thanked 1 Time in 1 Post

    What Professional Trader Do?

    One of the things that professional traders do to ensure discipline during these trying times is to plan out their approach. The old adage ‘Failing to plan is planning to fail,’ can really hold true in financial markets. As traders, there isn’t just one way of being profitable. There are many strategies and approaches that can help traders accomplish their goals. But whatever is going to work for that person is often going to be a defined and systematic approach; rather than one based on ‘hunches.’

  2. #2
    Standard Member Array
    Join Date
    Mar 2018
    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts
    We need to take a pattern by professional traders because they really make a lot of money every day. However, they contributed a huge effort in it.

  3. #3
    Standard Member Array
    Join Date
    Apr 2020
    Posts
    9
    Thanks
    0
    Thanked 0 Times in 0 Posts
    It is the key to long-term trading survival and success. A professional trader is aware of trading in correlated markets and ensures that they do not double up on trades by taking positions in two highly correlated markets, such as the EUR/USD and GBP/USD at the same time.

  4. #4
    Bronze Member Array
    Join Date
    Sep 2011
    Posts
    97
    Thanks
    442
    Thanked 27 Times in 20 Posts
    professional traders do not keep there position on because they think they are correct. They let market decide if they are correct or not. If they are wrong, they cut there losses as early as possible. Retail traders mostly trade on emotions and because they are long in a position, they think that market should/must go there way. They try to force there emotions on market rather than understanding what market is doing.

Similar Threads

  1. Replies: 21
    Last Post: 12-30-2019, 01:05 PM
  2. Forex Set: Professional Trader Education Value Pack for Forex Trader 2010
    By gelan2000 in forum Forex Clips & Movie Tutorial Request
    Replies: 5
    Last Post: 10-05-2013, 02:54 PM
  3. OTA professional trader days 1-3 and 4-7 merged
    By blue in forum Forex Clips and Movie Tutorial
    Replies: 9
    Last Post: 11-02-2010, 06:51 AM
  4. (req) How To Think Like a Professional Trader - Mark Douglas
    By andrewte in forum Forex Clips & Movie Tutorial Request
    Replies: 0
    Last Post: 06-16-2010, 07:19 AM

Bookmarks

Posting Permissions

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