Forex Zone - Forex Forum

Traders Must Be Able To Be Friendly With Uncertainty

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 619
  • Points: 184
  • Likes Received: 8
  • Reputation: +0/-0
I totally agree with this statement because indeed in forex trading we can't be 100% sure where the price will move, we can only guess and we have to get used to it.
#31 - December 08, 2021, 11:47:50 PM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
I agree with that we as foreign exchange traders should be able to make friends with uncertainty because we have to do it in a good way and so that we know that it is all about probability which we really have to study carefully so that we understand how to use it.
#32 - December 08, 2021, 11:49:59 PM

  • Hero Member
  • Posts: 2600
  • Points: 165
  • Likes Received: 193
  • Reputation: +1/-0
A trader must be able to deal with a problem in a good way. So they must be able to make friends with the uncertainty of the impossibility. Mention it is very necessary so that we are enthusiastic to solve a problem and it will make us one step ahead.
#33 - December 09, 2021, 11:14:44 PM

  • Hero Member
  • Posts: 2600
  • Points: 165
  • Likes Received: 193
  • Reputation: +1/-0
uncertainty we have to face because when we don't want to face uncertainty then we don't do forex trading whose name is analyzing divided by uncertainty and based on what we see and it's all subjective and we must know that whatever we do will definitely get results whether you lose or win
#34 - December 09, 2021, 11:57:59 PM

  • Full Member
  • Posts: 141
  • Points: 661
  • Likes Received: 0
  • Reputation: +0/-0
sometimes we want the price to go up but the price goes down, and indeed forex is uncertain, therefore we can only analyze and minimize risk.
#35 - December 09, 2021, 11:58:08 PM

  • Hero Member
  • Posts: 4322
  • Points: 2127
  • Likes Received: 247
  • Reputation: +20/-15
a forex trader really has to be friendly with uncertainty because when you can't use your brain then you will have a hard time properly
#36 - December 11, 2021, 05:09:37 AM

  • Hero Member
  • Posts: 6978
  • Points: 2
  • Likes Received: 657
  • Reputation: +23/-19
a foreign exchange trader must be able to be friendly with the uncertainty that will come to you because of that uncertainty you must understand the problem of momentum in trading
#37 - December 12, 2021, 02:52:40 AM

  • Full Member
  • Posts: 102
  • Points: 612
  • Likes Received: 0
  • Reputation: +0/-0
If the trader does not have a stable mentality. So the trader cannot develop his business. He will tend to be impatient in achieving large profits. We must be able to analyze what risk we choose, what trading techniques, the business plan we make, our MM and others.
#38 - December 19, 2021, 02:47:15 AM

  • Sr. Member
  • Posts: 252
  • Points: 757
  • Likes Received: 0
  • Reputation: +0/-0
We also have to think about the risk factors and consequences. If we can't do all of that, it will take a harder effort to get big profits and also in the face of market uncertainty.
#39 - December 19, 2021, 02:48:02 AM

  • Full Member
  • Posts: 192
  • Points: 702
  • Likes Received: 2
  • Reputation: +0/-0
Uncertainty is an art in forex because actually making forex a main job is like pursuing a career in uncertainty. If we study various forex sciences, everything remains at an uncertain conclusion.
#40 - December 19, 2021, 02:48:51 AM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
foreign exchange traders must be friendly with uncertainty because in the business world it is a probability that you can win and you can lose
#41 - December 19, 2021, 07:54:04 AM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 200
  • Reputation: +4/-0
You use forex trading as your business. You must be able to do the best in the business world, don't let you do something that is uncertain, especially in forex trading, the uncertainty is very high. You can find that momentum.
#42 - December 19, 2021, 07:54:48 AM

  • Hero Member
  • Posts: 2600
  • Points: 165
  • Likes Received: 193
  • Reputation: +1/-0
lest you can not be friends with uncertainty When you want something certain then you are not suitable to use forex trading as your job because in forex trading everything will be balanced
#43 - December 19, 2021, 07:55:33 AM

  • Hero Member
  • Posts: 6978
  • Points: 2
  • Likes Received: 657
  • Reputation: +23/-19
a habit that can damage psychologically is when you want something to be seen for sure it won't work because when you do business all business is probablity where when you do something good you can be sure 90% of the results will also be good so all that is uncertainty
#44 - December 19, 2021, 07:56:35 AM

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
In forex trading, prices sometimes go up and down, this depends on supply and demand and the chart has already been drawn. Forex is not certain but we can analyze when we think it will go up or it will go down.
#45 - December 19, 2021, 09:03:42 AM

Members:

0 Members and 1 Guest are viewing this topic.