Forex Zone - Forex Forum

Avoid Trading at the Sideway Market in General Forex Discussion_697bdb568da29

Avoid Trading at the Sideway Market

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
If the market is in a sideway condition, it is more effective in using cut loss than stop loss in my opinion
It's like that, because if we use a stop loss, we can be a lot of stop loss we will be affected even though the price is back again
#316 - September 14, 2022, 04:27:42 AM

  • Hero Member
  • Posts: 516
  • Points: 41
  • Likes Received: 6
  • Reputation: +1/-0
sideway market won't be able to change anything so you should avoid things like that
#317 - September 15, 2022, 02:58:59 AM

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 562
  • Reputation: +22/-18
Yes, that's right, always try to avoid the sideway, it's very risky when you open a position
#318 - September 17, 2022, 06:05:42 AM

  • Hero Member
  • Posts: 1112
  • Points: 62
  • Likes Received: 179
  • Reputation: +6/-3
when sideway you should use your time for something else because you can't open a position when sideway
#319 - September 21, 2022, 06:56:24 AM

  • Hero Member
  • Posts: 2887
  • Points: 57
  • Likes Received: 216
  • Reputation: +7/-4
It's true that when we run forex trading we can indeed avoid situations like that because the risk is high
#320 - September 26, 2022, 09:17:34 AM

Sponsored

Avoid Trading at the Sideway Market in General Forex Discussion_6803a6c52eb12
#321 - Today at 10:57:20 PM

  • Hero Member
  • Posts: 1351
  • Points: 157
  • Likes Received: 149
  • Reputation: +5/-1
this is something that is not good that we really have to avoid so that we have quality in an open position
#321 - September 30, 2022, 05:48:30 AM

  • Hero Member
  • Posts: 4322
  • Points: 2127
  • Likes Received: 247
  • Reputation: +20/-15
if you can, avoid having to do that because you have to be able to open a position in a trend
#322 - October 04, 2022, 04:19:53 AM

  • Hero Member
  • Posts: 1351
  • Points: 157
  • Likes Received: 149
  • Reputation: +5/-1
Avoiding the sideway market does make us better, but we can also be committed
#323 - October 09, 2022, 03:14:38 AM

  • Hero Member
  • Posts: 2887
  • Points: 57
  • Likes Received: 216
  • Reputation: +7/-4
a market with a sideway condition does not need to open a position because it is useless or you have another strategy
#324 - October 17, 2022, 08:02:36 AM

  • Hero Member
  • Posts: 972
  • Points: 289
  • Likes Received: 40
  • Reputation: +0/-3
a market with a sideway condition does not need to open a position because it is useless or you have another strategy
I think this depends on the strategy used by the trader, because sometimes there are traders who like the side way market conditions.
#325 - October 17, 2022, 08:04:25 AM

  • Hero Member
  • Posts: 2887
  • Points: 57
  • Likes Received: 216
  • Reputation: +7/-4
never be like that because sideways are always useless to open positions
#326 - October 18, 2022, 02:45:27 AM

  • Hero Member
  • Posts: 1602
  • Points: 568
  • Likes Received: 131
  • Reputation: +7/-3
avoid sideways market because it can cloud your account condition
#327 - October 21, 2022, 05:22:04 AM

  • Hero Member
  • Posts: 972
  • Points: 289
  • Likes Received: 40
  • Reputation: +0/-3
maybe for you trading in the side way market is not good, but for some traders they are happy if trading in the side way market.
#328 - October 21, 2022, 05:59:16 AM

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 562
  • Reputation: +22/-18
don't forget not to make bad trades like open positions when sideway as well as looking for another pair
#329 - October 21, 2022, 06:25:26 AM

  • Hero Member
  • Posts: 1602
  • Points: 568
  • Likes Received: 131
  • Reputation: +7/-3
We shouldn't use the sideway market, while we shouldn't take any position actions. 
#330 - October 25, 2022, 07:34:08 PM

Members:

0 Members and 2 Guests are viewing this topic.



Trade as a VIP with PrimeXBT