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16th February 2018
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Why you should sit on the sideline 99% of the time

Traders have been trading the market and they do not make the profit. If you look at this market, you will find that most of them lost their money and they are overtrading the market. It is one of the mistakes and for that, you are not making money. Though it sounds profitable when you are using much time in Forex, it does not help you to make more profit. Less is more in Forex. If you spend not much time on analyzing the market, keeping their trades open, you will be benefited from the market. This article will tell you why less is more and how you can increase your profit when you trade in Forex less.

The professional traders know very well that trading is all about quality trade execution. If you place random trades without following proper discipline you are not going to become successful in the Forex market. If you look at the professional trades’ history you will be surprised to see that most of the traders are waiting on the sideline 99% of the time. They know very well that a single high-quality trade execution is enough to secure their whole month. You have to understand that this market is for the passionate traders who deal with the best quality trading signals.

High-quality trade execution

As a retail trader, it’s your duty to find the high-quality trading signals. If you trade the lower time frame data, chances are very high you will never find success in this industry. You need to look for reliable trading signals in favor of the long-term market trend to place a trade in your Forex trading account. Never take any unnecessary risk and try to embrace the losing trades. Always remember losing trades are inevitable in Forex and there is nothing you can do to prevent it. So trade this market with precise risk management factors.

Less trading has fewer risks

If you trade less in Forex, you will take fewer risks. Do you know why common traders lose their money and professional traders don’t? Because they trade with fewer trades and they have less chance of losing your money. You know that is the market is volatile. The trades that you are making can be changed and affected by the trends anytime. If the trends change, you will lose your money. One way to know that your money is safe in your account is by trading less. Only trade when you know you can make the profit. Do not try to trade to make your ego happy.

The trends are risky

It is hard to know when the market is going to be choppy. Trader’s trade in the volatile market and it is very risky. In a volatile market, it is not understood where the trend is going. You will think the trend is going that way but you will find the trend is going in the other way around. In choppy markets, it is impossible to trade. Professional traders also do not trade in choppy markets. When you trade more in Forex, you open yourself to the risks of choppy markets. The market can be risky and you can lose your money.

Trends can change

The trends of Forex market can change anytime. The trends that you are watching on your chart changes from time to time and traders have to plan their strategy in this little time. If you are always trading in Forex, you will be confused what to trade in Forex. Trading is only profitable when you trade with the trend and this is why traders who are less trading in Forex makes them more money. They know these trends can change anytime and they close their trades with the small profit. Greedy traders want to let their profits run and lost all of their profit in trades.

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