1. The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

How do you handle market uncertainty

Discussion in 'General Trading Forum' started by Daisy, Oct 21, 2013.

  1. When our trading strategies and analysis become stronger we can make good profit in a proper way and like that handle any uncertain market situation with ease.
  2. Frankly, my money management and risk management knowledge is the main weapon in this case! I am not making here 100% success, but I can recover my losing trades so smoothly because of my MM and RM knowledge! Certainty doesn’t exist in Forex!
  3. yes the market is uncertain and for that traders have to trade with perfect strategy and plan so that they can cope with the situations properly and like that can make good pips progress.
  4. Well, my trading strategy provides me 70% accuracy! In addition, I recover my losing trades by using flexible profit ratio (minimum 1:2)! Besides, I use stop loss trading tool to avoid big losses in trading!
  5. The market is excessively uncertain at times so I feel that stop loss is generally so vital to ensure your trades or else you will wind up in all out wretchedness. I think terrible news can make the wave conflict with you so strongly that you will wind up losing parcels so keep an eye out for that. I think we should recognize that the market get dubious now and again so we should be watchful and don't be too careless with our forecast. I do trade with Markets Cube, a broker with SiRiX Trading platform. I like their instant deposit and withdrawal facility. I also get very tight spreads.
  6. My trading skill helps me a lot to understand the nature of market trend! By the way, I don’t trade with certainty mentality, so when I face SL in my trading, I take it as normal as possible! Because I believe lose is a part of every business!
  7. 1st of all, my long time trading experience and knowledge guides me on the right way! I know, trading is all about probability so, I use stop loss and trailing stop position in my trading, usually I take only 1% risk reward ratio in my trading. So, I can recover this low RRR so smartly.
  8. Trading in uncertainty market condition is not so easy, as trader need to using risk management to prevent from big loss in single transaction, like as last night might so many trader still thinking if gold will continue bullish trend but suddenly move fall down trend