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The Most important Consideration in Trading

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Noviarini

The most important consideration in trading is the direction of the overall trend. This is especially true in Foreign Exchange as trends tend to stay in place longer than in any other market. The reason is that FX reflects actual money moving from one economy to another. Whether the flow of money from one economy to the other is caused by trade between the two economies or investments (capital flows), once those natural forces are in place, they can stay in place for extended periods of time. It is sort of like a fully loaded supertanker in the open ocean at full speed, even if you cut the power, it will continue to drift in that same direction for an extended period of time.


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#1 - February 10, 2019, 03:08:39 AM

Lordmishi

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So what you say is, trend is the most important consideration is forex? 

Well, like people said, trend is your friend
#2 - February 10, 2019, 04:45:13 AM

Hisbul Maulana Fahmi

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make that trend your friend then you can run it
#3 - February 10, 2019, 05:11:55 AM

ariezz

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Quote from: Noviarini on February 10, 2019, 03:08:39 AM
The most important consideration in trading is the direction of the overall trend. This is especially true in Foreign Exchange as trends tend to stay in place longer than in any other market. The reason is that FX reflects actual money moving from one economy to another. Whether the flow of money from one economy to the other is caused by trade between the two economies or investments (capital flows), once those natural forces are in place, they can stay in place for extended periods of time. It is sort of like a fully loaded supertanker in the open ocean at full speed, even if you cut the power, it will continue to drift in that same direction for an extended period of time.
Follow the trend is already well-known to be a safe and profitable strategy especially if the trend that we are following is a big time frame trend, it could be a long-term trend. But even if we follow the trend we still have to be vigilant because the trend can be reversal anytime.
#4 - February 10, 2019, 05:15:55 AM

mohammad mmufroil

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Quote from: Noviarini on February 10, 2019, 03:08:39 AM
The most important consideration in trading is the direction of the overall trend. This is especially true in Foreign Exchange as trends tend to stay in place longer than in any other market. The reason is that FX reflects actual money moving from one economy to another. Whether the flow of money from one economy to the other is caused by trade between the two economies or investments (capital flows), once those natural forces are in place, they can stay in place for extended periods of time. It is sort of like a fully loaded supertanker in the open ocean at full speed, even if you cut the power, it will continue to drift in that same direction for an extended period of time.
indeed, the current potential of trends is more than sideways, because when we open a purchase, the more the price rises, the more we profit,

If we can take advantage of a bullish trend (for example) that is strong then the profits will be very much, and the core of forex is a trend
#5 - February 14, 2019, 05:35:52 PM

Peterix

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it is true, the trend is one of the important things in our trading analysis so as long as we know the character and direction of the trend well we will be safe, especially coupled with good management.
#6 - March 02, 2020, 04:37:50 PM

Erphat

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if trends are indeed an important consideration then we can focus on determining and identifying trends by learning how to determine the correct trend and reversal point to find the right entry point.
#7 - March 02, 2020, 11:46:28 PM

Alfreddy

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focus on determining the trend is very important and I think traders do the main target of trading is the trend, from the trend we can take advantage that we like with strategy and management.
#8 - March 03, 2020, 10:22:06 AM

Admirald

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if we talk about analysis then the trend is the main focus and important because with the trend we can take advantage of forex trading, but if overall the system and strategy is quite important.
#9 - March 11, 2020, 11:43:59 AM

Paesan

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the main target in finding profit targets is a trend but trends that we cannot identify the direction of price movements and the strength of the trend will also be difficult for us in determining the appropriate entry and exit points.
#10 - March 17, 2020, 04:53:04 PM

DewaFx

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many things are important concerns and considerations in trading, if technically the trend is important and the main consideration because the trend is a tool for us to make a profit.
#11 - March 17, 2020, 05:59:27 PM

Sarijos Soros

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indeed the trend is also very important and fundamental in conducting analysis, but in trading not only limited to identifying trends but also the management and calculation of all possibilities and exact figures.
#12 - March 18, 2020, 07:58:10 AM

Billy Atkinson

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one of the most important things to consider in trading is interest because interest is the basis of whether we will try our best or just fad in trading.
#13 - April 20, 2020, 02:22:05 AM

aZGuners

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we should consider something important enough not only about stop loss but overall including psychology and discipline.
#14 - April 22, 2020, 02:39:56 PM

Jajami

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Quote from: aZGuners on April 22, 2020, 02:39:56 PM
we should consider something important enough not only about stop loss but overall including psychology and discipline.
Yes, trading has a lot of things that need to be considered and taken into account.
Stop loss goes to money management, and there are still things to consider such as analysis, strategy, psychologists, etc.
#15 - April 28, 2020, 03:59:16 PM
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