News trading is a great trading style to reap quick profit. But before trading news, analyze the market perfectly so you can catch the market movement.

True a trading strategy is important; mindset is more important! We basically need to know the tricks, when we shouldn’t trade actually!

I basically do Gold trading & in this year I am also bullish on Gold!

We the traders are doing mainly spot trading; because it’s simple!

Frankly, I have no headache on that! As a trader, I do my trading! Since it’s a sustainable market, not interested on zero sum game or not!

Well, according to my own trading system; I am using stop loss trading tool? What’s wrong on that?

It’s very common actually; suppose you are learning football; then you can’t expect your good skill from your 1st day of training! Without a good trading skill, Forex is so much difficult!

I don’t think, it’s usual to use free volume data; logically we retail traders are unable to know the actual volume of the market!

That’s really mandatory! In my trading I am also using stop loss; since I know the value of money management!

It’s the Gold trading pair; because - it’s volatile & I am following PA trading strategy for my trading!

I have the response; basically this type of setup works for 3-4 times; but in a long run we need to understand the whole context!

Yes, that’s the process! Stop loss is such an important tool; whatever trading strategy you are using you need to use stop loss according to your own calculation!

Again, in a long run, 10% is not looking like an achievable target! But if you are making it; congratulations!

Do you really believe 10% is a valid daily target? It’s really too much; even 10% as monthly target is too large!

It’s quite interesting; by the way do you use Forex trading pairs with your strategy?

Oh I see, thank you so much for your clarification! It’s looking like such an interesting tool!

Hi, what’s the name of your indicator? Is it support/resistant based trading tool or anything else?

Thank you! Actually, this is from my own experience! I also started with a big expectations and as a result I faced a huge loss!

It’s a nice approach; actually if we can trade with a small expectation then surely the trading journey would be pressure less!

I guess, breakout trading with channel would be so much profitable by this technical tool’s setup! It’s a nice combo I think!