Trend is your friend

[Anderson]

It has been said that trend is your friend until it bends. A trend of any direction can be delegated either a long term trend, a middle of the road trend or a fleeting trend. For forex trading, a long haul trend is made out of a few middle trends. The fleeting trends are parts of both major and middle of the road trends.

 

[Kazumu Fukunaga]

Following trend is very good. But market doesn't stay in trend for long time. But yes if you are trading on small time frame, you may get small trend. And finding the early stage of a trend is the most difficult task. You need both the technical and fundamental knowledge to determine a trend.

 

[JosephRah]

11

 

[Gito Dinev]

Trading with trend will give high probability of success.

 

[Mark Dahl]

Following trend is very good. But market doesn't stay in trend for long time. But yes if you are trading on small time frame, you may get small trend. And finding the early stage of a trend is the most difficult task. You need both the technical and fundamental knowledge to determine a trend.

I agree. Enter the market when trend is strong and leave the market after trend become weak.

 

[Alexander Hudson]

Market doesn’t respond same in all. Some certain time zone always market become less volatile on the other hand become more volatile. Find the most suitable time table for your trading style.

 

[Darragh Bell]

It is rare to gain rapid profit especially in newbie. New trader often lose money rapidly in market.

 

[Eduardo Lucchese]

If the strategy is good, it can be traded in any position. Profits in trading depend on psychology. With short position trades, if the emotions are under control, it will be much easier to make a profit.

 

[Cooper Truebridge]

Of course, it is never possible to make a consistent profit without following the trend. If you want to gain consistent profit, you should trade from the swing of the trend.

 

[Gito Dinev]

Advanced technology-using brokers are highly needed for better trading experience.

 

[FXOpen Trader]

Advanced technology-using brokers are highly needed for better trading experience.

We will need to understand how the Trends work in the Forex markets.

 

[LouBega88]

During this period, you have to be careful about your trading.

 

[LouBega88]

Learn how to identify the right trend. Deficiency of practical knowledge pushes a trader towards recurring losses. For practical knowledge, you have no option except trading on demo account.

 

[Gito Dinev]

Regardless of how strong your strategy is, knowing the trend is important for you. However, start investing with a reliable and secure trading broker.

 

[Gito Dinev]

To come out of this problem, traders have to be very much cautious and should seek advice from those who already succeeded. Truly indeed, we are out of these qualities that kept us apart from reaching our target.

 

[Bahiya Shinam]

Technical knowledge is essential for trading but fundamental knowledge should also be accompanied with it.

 

[Nayek Pichai]

Newbie traders should start with demo trading. The higher the profit margin is, the higher the satisfaction is.

 

[Nayek Pichai]

A ground-up analysis is needed for Forex trading and you should make a weekly routine of trading based on your analysis.Consider time frames at the time of analyzing.

 

[LouBega88]

Try to recognize the trend before opening a trade. You can maintain risk management policy by using low leverage, narrow trading spread, flexible margin, avoiding trading in volatile market and other techniques can help you lengthen your trading profit.

 

[Nayek Pichai]

The lower the spread is, the higher the earning is.High spread means your broker is taking high commission from you for each trade opening.