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Do You Like Bottom Fishing?


ali555

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When there is big fall in prices people start guessing about the possible bottom, and so they become greedy to open trades for buy at possible bottoms though those bottoms not always prove to be bottoms and market can go further down. Still in case of recovery these bottom fishers make good profits with less risk as the prices being near bottom if not exactly bottom down side remain limited.
Do you like bottom fishing to make big profits?

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I think that open position in after oversold is pretty good, but we must know when the market is overbought or oversold...

I've try to trade this strategy in liteforex and some other brokers, i was like to trade on overbought, i looking the sold moment and gotcha...,some pips become our..

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  • 5 years later...

Emotional people failed to set their business goal and cannot select a good broker. It is better to select a credible broker like BPRIMES to get profit and success both in your business. Being a human you can get emotional but to be professional it is important to no to be emotional. It can be very harmful to your business. Getting emotional is one of the reasons to get lost.

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To set the trading goal and reliable broker an emotional trader always fail. Because emotion makes a man weak and nervous. While trading in Forex market which is really very challenging a trader needs to work emotionless. At Forex4you trading platform I have fluent and amazing trading environment and platforms. That always helps me to work without emotionally. Now I can make my own trading decision very confidently by the motivation of my broker.

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