What is a good number of trades to make in a week?

Discussion in 'Forex - Currencies Forums' started by tskier01123, Apr 7, 2016.

  1. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,720
    Likes Received:
    20
    Personally I think we should focus on the quality of trades in a week rather than the number - if you start aiming for trading targets is there not a danger you will loose focus on actual returns?
     
  2. ciao

    ciao Senior Investor

    Joined:
    Sep 2016
    Posts:
    769
    Likes Received:
    32
    Hiya
    Maybe it should be what type of trader one is.... IMO it depend what strategy-plan one use
    we can get in on a long discussion but in short I am a scalper and now I do between 5 to 10 a day..... (I say now because few years ago I used to turn 50 to 80 a day!!!!!) I cut dawn the losers and kept only the winners :p;):D

    I just saw that wasn't your first post here but there is another page .... they were talking about forex....
     
  3. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,720
    Likes Received:
    20
    HI Ciao

    I must apologise, forex is a whole different ball game. Lots of small trades and hopefully profits - I see where you are coming from.
     
  4. ciao

    ciao Senior Investor

    Joined:
    Sep 2016
    Posts:
    769
    Likes Received:
    32
    Hi LongTB no problem but the most important IMO isn't how many trades we do but how many right/winners we get ;):D
     
  5. radex78

    radex78 Senior Investor

    Joined:
    Sep 2015
    Posts:
    226
    Likes Received:
    0
    Might right but in my opinion not totally right, making more winning trades but only few pips also will vain if then occur one loss trades but facing with margin call account, we here learn how to manage money with goal to minimize the risk then increasing profit
     
  6. ciao

    ciao Senior Investor

    Joined:
    Sep 2016
    Posts:
    769
    Likes Received:
    32
    Hi Radex look what my answer-post was more on the frivolous sense .... ;):) but IMO each one should have a strategy to bring profit and improve it as one go along (months-years) then with money management and everything that it take make $$$$
    of course all depend how much capital one got but big or small to end up in profit is IMO what is all about ...
    then of course this discussion could be elaborate further ..... that is just one thought :)
     
  7. radex78

    radex78 Senior Investor

    Joined:
    Sep 2015
    Posts:
    226
    Likes Received:
    0
    Yes good if always trade with money management and safe trading low risk might will making more comfortable during trades, which with risk management and having more winning trades hence will increasing equity and profit, some trader using risk reward ratio on their plan and will making evaluate trading to make betterment analysis to determine best timing enter to the market
     
  8. Linda Smith

    Linda Smith Senior Investor

    Joined:
    Dec 2019
    Posts:
    479
    Likes Received:
    2
    According to me, forex trading is profitable enough to be a worthy career choice for those who wants to earn money sitting at home. There are so many people who earn lots of money through forex market. It needs to know some basic techniques and a good broker. Techniques help you to decide where to invest and how much. On the other side good broker suggest or advice you what is good for you to make profit. I use Tpglobalfx as my broker. they help me to make decision about my trading.
     
  9. Brentwood

    Brentwood Senior Investor

    Joined:
    May 2020
    Posts:
    227
    Likes Received:
    132
    The key is to understand how it really works and who is right to work with. I was losing funds to a broker and by the time i realised it, i had already lost $52000 which was over half of my savings. I met a friendly trader and she directed me to the recovery agent Mr Bart Kasch. He helped me recover all my money, every penny. Referred him to friends and colleagues already, you can contact him if you need help at [email protected]
     
    • Useful Useful x 1

Share This Page