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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.
     

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