ariesyn
2022-03-20

Sharing my own experiences that maybe useful for newbie in trading or investment or to one that still not yet profitable.


Previously i had traded forex without much knowledge on how to put SL for each my trade, so basically i just let go and try to do manual SL. But what is happening? When price at my SL price, i am reluctant to SL and end up i am losing more and become Margin Call (MC)/ lose all my deposit money.


Some goes with my investment journey, i just anyhow whack certain stock with no fundamental and wishing the price will go up and end up, the price going to nearly zero. 


With all of these condition, i should learn from my past and learn to become profitable trader/investor.


In conclusion, in any trading or investment, we should keep our SL in place and do not hesitate to execute it once it reach. cheers and lets huat together 

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Comments

  • predator007
    2022-03-20
    predator007
    Thank you for sharing you experience about investment, which provides mechanism for us.
  • EdwardHughes
    2022-03-21
    EdwardHughes
    You must stick to your plan.
  • ElvisMarner
    2022-03-20
    ElvisMarner
    It is obvious that you are an experienced trader.
    • ariesyn: 
      must learn each day, become better one each day
    • ariesyn: 
      i m still learning as well
  • PandoraHaggai
    2022-03-20
    PandoraHaggai
    Forex trading is too dangerous for most people.
    • ariesynReplyPandoraHaggai: 
      yea i can understand the pain bro, as i ever lost 1k in 5 mins liao
    • ariesyn: 
      yea i do agree, some ppl think that they can earn a lot in short period with forex trading, but they forgot it is double sword
    • PandoraHaggaiReplyariesyn: 
      I have traded Forex once and lost a lot of money.
  • HilaryWilde
    2022-03-20
    HilaryWilde
    What is SL? Is it stop loss?
  • ariesyn
    2022-03-20
    ariesyn
    One will need to use his or her own technique at the end that suit ourselves
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