Forex Zone - Forex Forum

Traders must be willing to do research

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
That's right a trader has to be smart to do research because with. do their research get. own method to use in the trading plan to use analysis You have to be able to think creatively to create your own method. although. You use the general method or use the existing indicators in metatrader it doesn't matter. But I'm sure that every trader must have their own way of trading. use this indicator tool and for sure you should be able to have it. a method that only you know and that way you can. know what the advantages and disadvantages are
#436 - August 26, 2023, 08:11:31 AM

  • Hero Member
  • Posts: 62264
  • Points: 598
  • Likes Received: 57
  • Reputation: +53/-46
Doing research is indeed important because when you can do research. then it will be easy for you to find a method that suits you. do it yourself doing research is not an obligation but. doing research is usually used by creative people and people who have high imagination because. in fact, every analysis will definitely work if it is always tested, always do the test first. well. So it all depends on whether you want to use your own research or use a method that is already available.
#437 - August 27, 2023, 09:44:39 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
For me doing research is important because when we do research it means we want to form or create a method for ourselves in trading and that is good because when a trader wants to do research they have to be able to practice all the methods well where to use the time long and on the positive side when they have found these results then they become professionals who know the weaknesses and advantages of the method
#438 - August 29, 2023, 09:23:40 AM

  • Hero Member
  • Posts: 62264
  • Points: 598
  • Likes Received: 57
  • Reputation: +53/-46
For a beginner or a professional doing research is a thing. it's good because there are benefits that will be very high because by doing research it means you find out for yourself about the method or science that you use and that's very good. So you don't need to plagiarize or. copy other people in technique and it's all up to you. If you really have a lot of time then my advice is to do better research
#439 - August 30, 2023, 08:48:27 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
the characteristic of people who always trade with good effort is to do. research in everything they do. Because doing research doesn't have to be a matter of technical analysis, doing research is all a matter of management, a psychological problem, an Open position problem. at that time everything was included in a research that we had to do because when we didn't do a research well we would be swayed by other people's knowledge and in the end we had no principles so basically we had to have our own method by doing thorough research
#440 - September 01, 2023, 09:05:06 AM

  • Hero Member
  • Posts: 62264
  • Points: 598
  • Likes Received: 57
  • Reputation: +53/-46
Doing some research is important because when you do some research on the method you will do on the account. Your trading will make you more comfortable using your own methods. Actually, you don't have a problem using general techniques. But I think when you using common techniques that are not according to your own ability is uncomfortable so you better be. spend months doing research but you can do it comfortably than you use something common but you are not comfortable
#441 - September 02, 2023, 08:59:06 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
Doing research while we study. the method to find a knowledge that is indeed one of the things that is mandatory for a trader. Why is that. is mandatory because we have to realize that everyone has a different method because everyone has a way to open positions. different therefore it is very important for us to find research that suits our personality and abilities and this is very positive and I totally agree with this because of that we have to be able to. Be an active person who has good research for trading
#442 - September 03, 2023, 09:42:30 AM

  • Hero Member
  • Posts: 62264
  • Points: 598
  • Likes Received: 57
  • Reputation: +53/-46
when you do research. Better. you do whatever you do. by good what it means is that when you can use indicators then use research on indicators if you can use requests and. offer or support is resistant, so use research on it so do it with research according to ability. You don't conflict with your own abilities and that's very important so you don't get confused using the method
#443 - September 05, 2023, 08:56:46 AM

  • Hero Member
  • Posts: 15541
  • Points: 417
  • Likes Received: 31
  • Reputation: +2/-0
You certainly don't know how the actual condition of a market is without doing research. That's why it's important to do market research before a business is officially operated or a product is launched. Surveys are not only useful to see the situation and condition of the place of business
#444 - September 05, 2023, 09:11:40 AM

  • Hero Member
  • Posts: 62264
  • Points: 598
  • Likes Received: 57
  • Reputation: +53/-46
Doing research is considered important when you don't want to use it. indicators or don't want to use a common method. You can do research on your own knowledge. You can also create a method that is. new one that is not used by anyone else. It's all up to you. There are no limits to analyzing or analyzing. use any technique in forex trading because you really like it as long as you can make a profit it's a good thing
#445 - September 06, 2023, 08:33:01 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
Doing research is our duty. as a trader doing research it is not necessary to use the method we created even if you use a common method or use a common indicator you should. do the research so that we can find out whether what we are using is suitable or not, we must be able to find out our own method before trading, we must first test it in depth so that we know the results
#446 - September 07, 2023, 09:20:44 AM

  • Hero Member
  • Posts: 62264
  • Points: 598
  • Likes Received: 57
  • Reputation: +53/-46
When you want to do research, if you can, what you do is a must. according to what you have learned or maybe If you really want to use or create. A method uses a method that has been tested for at least 1 year, so you shouldn't just apply the method carelessly because the name of the method is forever. If possible because. Later the method from the research you do will be used as your trading system, so don't make the mistake of implementing a system that doesn't meet the requirements.
#447 - September 08, 2023, 09:18:40 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
Actually, in my opinion, doing research here is not something that is necessary but. Doing that research is for a trader who doesn't want to use a method. the same thing from other people and I myself also did research because in my opinion when I used the indicator it wasn't suitable and I often did it. I use my own research to open positions and so far it's good, but only I understand it because in the trading business the most important thing is the final result.
#448 - September 09, 2023, 08:34:40 AM

  • Hero Member
  • Posts: 62264
  • Points: 598
  • Likes Received: 57
  • Reputation: +53/-46
The more you do research well the easier it will be for you to do it. Open positions by getting the advantage of people who do research are people who can gain knowledge independently without using other people's rules or methods and I also do research on my methods. Even though the method I used has been used before, the conditioning method for doing the Open Position is purely from my own research so I did a material dissection.
#449 - September 11, 2023, 08:51:41 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
A trader is actually obliged to do research even though they don't use their own method because when they do research it means they want to form a system according to their own will and their own abilities and in fact that is a good thing, it will be even better when you do research on the method used. you create it yourself. But that's all just a snippet of what is possible. The important point is that we have to do research with knowledge that we don't yet know so that we can become better and can use it properly.
#450 - September 13, 2023, 08:13:59 AM

Members:

0 Members and 1 Guest are viewing this topic.