This Week's Question: When Do You Consider a Trade "Successful"?

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Since your last visit 48 1 789 New Topics Unread Notifications New Users Popular Topics Trading Discussion April 4 This Week's Question: When Do You Consider a Trade "Successful"? Ananais Do you only consider your trades successful when you make money from them or is it only when you've followed your strategy or plan regardless of the outcome? Maybe you have other gauges that you use to identify whether your trades are successful or not?  54  25 Read More Trading Discussion April 4 To those who have traded a small account ($100-500) in the past, what happened to that account? ponponwei Did you grow it to $1million as some newbies here seem to think? Serioulsy though, I ask because I started with a $300 account and it's now just at $400 and I've had this account for a while now. Provided that I don't trade full time and I only place about 2-3 trades per week, am I wrong to think this is probably going to be the case for most new traders?  17  20 Read More Trading Discussion April 4 Play of Chance in Forex Amy95 I always wonder if the forex trading is the play of chance. What do you think is the role of luck in forex trading? Shall I focus on learning?  20  11 Read More Trading Lifestyle April 3 Stay Motivated during Losses Amy95 How do you stay motivated during periods of losses?  23  16 Read More Broker Discussion April 3 Forex review websites? babygogo i am looking for some good review websites, forex related or otherwise, that might have good reviews of forex related businesses.  10  10 Read More

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Great question! Amateur poker players often consider their 'hand' to be the two starting cards in front of them and, as the game plays out perhaps, the five community cards that are gradually dealt after each round of betting (using Texas Hold 'Em as an example). Dan London DanLondon This Week's Question: When Do You Consider a Trade "Successful"? Read More A successful trade is definitely one in which you follow your strategy. The decision to make the trade is not right or wrong, the outcome of the trade is irrelevant - as long as the strategy is good and the strategy was applied. This re-emphasises that every trade is a learning opportunity, not just the losers. tommor This Week's Question: When Do You Consider a Trade "Successful"? Read More There is only one thing you should ultimately avoid: Distraction. If you have a solid understanding of how to extract profits from the market and you have come up with what you think is an edge in the market, you're halfway there. Dan London DanLondon What are some things I should really try to avoid Read More All trading is gambling in the sense that the outcome is unknown and contains two possibilities - win or lose. tommor This Week's Question: When Do You Consider a Trade "Successful"? Read More New closing high for Top Trade GBPAUD Dennis3450 Trading the Trend with Strong Weak Analysis Read More

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