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wait for the moment then transact

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Dyandra

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In my opinion, if you are able to wait for the momentum well, then you can open a special position because many people mistakenly think that with analysis alone we can open a position without having to wait for the momentum, which may take a long time to happen in my opinion.  The art of trading is like that when we only analyze. I think everyone can do it, but in forex trading there is something called the science of patience, patience.  This is what we have to practice to wait for momentum because momentum is something that can really make our open position decisions have high accuracy
#526 - November 21, 2023, 08:23:41 AM

Ikhtiar

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Waiting for the moment is actually related to risk management. It is important to manage risk carefully when you make transactions. This means only investing with the amount of money you can afford to lose. But personally, now I am getting used to trading in high timeframes because in those timeframes we are taught to be patient. And can control emotions.
#527 - November 22, 2023, 01:49:42 AM

Vernalta

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Waiting for transaction momentum is something that is optional but is required unwritten. The meaning here is that when you do the analysis you will definitely wait for momentum that you really believe is a good open position so that there are many ways to wait for momentum. I don't have to say it here. but what is clear is that each person must have their own signal, but when you just analyze it, don't ignore the existence of momentum. In my opinion, it is not valid because we need something valid to enter the market so that we are free from floating minus or being hit by a stop loss, so it is very it is important to wait for the momentum to occur.
#528 - November 23, 2023, 08:13:54 AM

Dyandra

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The momentum that you are waiting for is very important to open a position with the right target. The momentum that you don't wait for will cause your Open position to always be hit by floating minus and even hit by MC. Because after all, momentum is a strong signal which when you have been analyzing it for a long time  and the most important thing is to wait for momentum to occur, wait for reactions to occur, wait for patterns to occur because this is the most important thing in all forex trading lessons. You must know when you analyze. When you have decided on the direction of the trend, you must be able to wait for momentum first.
#529 - November 28, 2023, 08:02:29 AM

Ikhtiar

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I think waiting for the moment is part of a forex trading strategy that will make a trader successful in his trading, patience and discipline are parts that cannot be separated from waiting for the moment because this is one of the trading arts that we must master in order to be successful.
#530 - November 28, 2023, 11:52:42 AM

Dyandra

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When you have confirmed that your analysis is correct in accordance with the direction of the next trend, the most important thing here is to wait for the momentum to occur. I suggest you use a candlestick pattern because it is easier in my opinion here when you do an upward analysis then you have to wait for momentum such as a correction or  a pattern that requires you to open an upward position and it will be very effective when you are willing to be patient because in my opinion there are a lot of people who can't be patient waiting for momentum and in the end they get floating minus and that's very painful later
#531 - November 30, 2023, 07:51:48 AM

Vernalta

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I agree with this because there are many people who are actually smart at doing analysis, now I'm right on target even though it has to be preceded by a floating minus, but sometimes you have to understand that momentum is more important than analysis.  Why don't you ever think that what causes you to float minus is because you don't wait for momentum first even though your direction is right, therefore it is very important to wait for momentum. Because actually opening a position shouldn't be too often what makes us open a position is the presence of momentum.  is there a signal that makes us believe that what we are doing is right
#532 - December 01, 2023, 07:59:45 AM

Dyandra

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Waiting for transaction momentum is an important thing for us to take advantage of as traders. Waiting for momentum will train our patience to always try to be patient and not make too many open positions because in my opinion it's called trading. We have to wait for the right momentum so we can enter the market safely.  Even though we will lose, at least we won't make too many mistakes by implementing stop loss. Because after all, the scariest thing is when we experience a serious floating minus because we don't wait for momentum, we don't wait for reaction.
#533 - Today at 08:02:40 AM
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