What has been your biggest lesson as a Forex trader?

[Petrick Liman]

Not to use many indicators while making a decision - my lesson!

 

[Resolve]

Not to use many indicators while making a decision - my lesson!

We need to make sure that the Indicator t hat is being used by us is reliable and can help us in getting the profits from our trades.

 

[ForexandGirlsIlike]

Indicators are not really helpful.

 

[Viceroy]

Indicators are not really helpful.

Or "not helpful at all"! )

 

[Petrick Liman]

Indicators are not really helpful.

Yes, that's what i meant

 

[ForexandGirlsIlike]

Or "not helpful at all"! )

true

 

[e_abrams]

Personally I find the indicators I use (Bollinger Bands and Moving Average) quite helpful for the purposes I use them for.

 

[forexking]

My biggest lesson is never to trade without using stop loss.

 

[e_abrams]

Was there a particular incident that taught you that lesson? In my case it was the unpegging of the CHF from the EUR. That was "fun.".

 

[LiftEmpire]

The biggest lesson I have learnt is not to lose patience. One should always spend enough time on research and trade with utmost patience, one wrong move can give you huge losses.

 

[e_abrams]

One either learns that lesson or they continue losing money, unfortunately.