Forex Zone - Forex Forum

Avoid Trading at the Sideway Market

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 46656
  • Points: 515
  • Likes Received: 20
  • Reputation: +18/-46
Do not open a position in a sideways condition because when you trade in a sideways condition it will actually be detrimental to you as a trader because it is not clear on a regular basis.
#691 - January 19, 2024, 01:01:14 AM

  • Hero Member
  • Posts: 44552
  • Points: 165
  • Likes Received: 22
  • Reputation: +53/-46
Indeed, this must be avoided so that mistakes do not occur so that we as traders must choose currency conditions that have a good enough trend to open positions.
#692 - January 20, 2024, 01:50:04 AM

  • Hero Member
  • Posts: 46656
  • Points: 515
  • Likes Received: 20
  • Reputation: +18/-46
You must be able to avoid incidents like this. Currency like this will not possibly make you successful, it will actually make it difficult for you to get quality results.
#693 - January 22, 2024, 05:09:05 AM

  • Hero Member
  • Posts: 7295
  • Points: 933
  • Likes Received: 26
  • Reputation: +2/-0
A trader needs a lot of experience and needs to learn a lot to achieve his goals as a trader. In my opinion, there is no problem trading on the Marlet side way to gain experience. If we haven't been able to get the profit we hoped for, it would be a good idea for us to find out where we went wrong as a trader.
#694 - January 22, 2024, 12:32:08 PM

  • Hero Member
  • Posts: 44552
  • Points: 165
  • Likes Received: 22
  • Reputation: +53/-46
It's best not to use it because market conditions like that won't last long enough to lose our money, so make sure we always use active market conditions, forced conditions that can make us always profitable.
#695 - January 23, 2024, 06:27:51 AM

  • Hero Member
  • Posts: 46656
  • Points: 515
  • Likes Received: 20
  • Reputation: +18/-46
Sideways market conditions are indeed one of the things that must be avoided. Market conditions like this will not possibly make you successful and will instead make you unable to focus on becoming a mature person.
#696 - January 24, 2024, 03:59:03 AM

  • Hero Member
  • Posts: 7295
  • Points: 933
  • Likes Received: 26
  • Reputation: +2/-0
If you want to trade trends and not market sideways then we look for currencies with high volatility, and you might try gold and if it's gold maybe we can trade one way.
#697 - January 25, 2024, 01:00:25 PM

  • Hero Member
  • Posts: 46656
  • Points: 515
  • Likes Received: 20
  • Reputation: +18/-46
Market conditions like this should not do anything. You can look for better market conditions that you think can get big profits. In my opinion, they are better and more conditioned.
#698 - January 27, 2024, 03:42:20 AM

  • Hero Member
  • Posts: 44552
  • Points: 165
  • Likes Received: 22
  • Reputation: +53/-46
Unstable market conditions should not let you dare to open a position, especially in sideways conditions, which are conditions that are not clear. You can take another currency to open a position.
#699 - January 30, 2024, 06:09:24 AM

  • Hero Member
  • Posts: 46656
  • Points: 515
  • Likes Received: 20
  • Reputation: +18/-46
We really have to get rid of sideways conditions because conditions like that will make it difficult for you to work hard to get maximum profits.
#700 - February 02, 2024, 03:34:11 AM

  • Hero Member
  • Posts: 44552
  • Points: 165
  • Likes Received: 22
  • Reputation: +53/-46
You must be able to avoid sideways market conditions because after all market conditions like this will make it difficult for you to open positions and this will make you unable to open positions properly.
#701 - February 07, 2024, 12:27:05 AM

  • Hero Member
  • Posts: 12797
  • Points: 764
  • Likes Received: 15
  • Reputation: +51/-45
Sideways conditions are indeed appropriate not to do anything, either analysis or open positions, because if you are reckless then I am sure you will float minus and that will definitely happen
#702 - February 09, 2024, 06:41:41 AM

  • Hero Member
  • Posts: 44552
  • Points: 165
  • Likes Received: 22
  • Reputation: +53/-46
Sideways market conditions are the wrong thing for you because when you use sideways conditions it is bad, you should just choose something else.
#703 - February 13, 2024, 02:17:08 AM

  • Hero Member
  • Posts: 7295
  • Points: 933
  • Likes Received: 26
  • Reputation: +2/-0
Trading is the activity of buying and selling financial instruments, so sometimes the market is also sideways if the market is quiet, and we can avoid this to avoid losses
#704 - February 13, 2024, 10:03:30 PM

  • Hero Member
  • Posts: 44552
  • Points: 165
  • Likes Received: 22
  • Reputation: +53/-46
When market conditions are uncertain or in sideways conditions, you should not trade.  If you want to do this, you should try other currency pairs more wisely.
#705 - Today at 02:23:39 AM

Members:

0 Members and 1 Guest are viewing this topic.