forex ki trading

The Trader's Fallacy is one of the most familiar yet treacherous ways a Forex traders can go wrong. This is a huge pitfall when using any manual Forex trading system. Commonly called the "gambler's fallacy" or "Monte Carlo fallacy" from gaming theory and also called the "maturity of chances fallacy".

The Trader's Fallacy is a powerful temptation that takes many different forms for the Forex trader. Any experienced gambler or Forex trader will recognize this feeling.

It is that absolute conviction that because the roulette table has just had 5 red wins in a row that the next spin is more likely to come up black. The way trader's fallacy really sucks in a trader

or gambler is when the trader starts believing that because the "table is ripe" for a black, the trader then also raises his bet to take advantage of the "increased odds" of success. This is a leap into the black hole of "negative expectancy" and a step down the road to "Trader's Ruin".

"Expectancy" is a technical statistics term for a relatively simple concept. For Forex traders it is basically whether or not any given trade or series of trades is likely to make a profit.

Forex traders it is basically whether or not any given trade or series of trades is likely to make a profit in this field we gain to much profit in very short time.

If some random or chaotic process, like a roll of dice, the flip of a coin, or the Forex market appears to depart from normal random behavior over a series of normal cycles -- for example if a coin flip comes up 7 heads in a row

The gambler's fallacy is that irresistible feeling forex trading that the next flip has a higher chance of coming up tails. In a truly random process, like a coin flip, the odds are always the same.

In the case of the coin flip, even after 7 heads in a row, forex trading the chances that the next flip will come up heads again are still 50%. The gambler might win the next toss or he might lose, but the odds are still only 50-50.

What often happens is the gambler will compound his error by raising his bet in the expectation that there is a better chance that the next flip will be tails. HE IS WRONG.

forex trading is a art its not gambling its not time waste not even its your money waste it is a art which never learn about ir anybody it just for those people who want to work hard and who have a strong ambitions in their life and they want to fulfil them as early as possible

If a gambler bets consistently like this over time, the statistical probability that he will lose all his money is near certain.The only thing that can save this turkey is an even less probable run of incredible luck.

mery khayal mein forex trading ke business mei trading karny se pehly humy forex trading ke business ke bary mein knowledge skill or experience hasil karna chahey.

The Forex market is not really random, but it is chaotic and there are so many variables in the market that true prediction is beyond current technology. What traders can do is stick to the probabilities of known situations.

This is where technical analysis of charts and patterns in the market come into play along with studies of other factors that affect the market. Many traders spend thousands of hours and thousands of dollars studying market patterns and charts trying to predict market movements.