MeuLugar's Posts - Page 2

What is best trading journal software? في عام May 17, 2017 at 11:50

According to me, Tradervue the best one! Here I get Auto-Import, Specific Trade Notes, Daily Notes, Tagging, Filtering and multi currency trading features! Actually I believe, maintaining a trading journal is one of the best ways to improve my trading skill! So, I use my journal so sincerely! In addition, now I am able to avoid my previous trading mistakes so keenly because of using my journal!

Reduce your trading risk! في عام May 15, 2017 at 14:55

That’s really true, maximum retail Forex traders are losing their money here since they are not careful enough on money management as well as risk management policies! Whatever, I worked hard in my demo on sentimental analysis, as a result now I don’t need to work on MM and RM policies, I just follow my previous trading plan including risk reward ratios!

profit calculation? في عام May 12, 2017 at 13:52

You are absolutely right, you need to count your monthly percentage according to your trading equity not on based your initial trading capital! By the way, nice to see your winning ratio, very impressive! I have almost 7 years trading experience and now I am trading with 15% monthly trading target!

Need to do 99% modelling quality backtests في عام May 10, 2017 at 10:35

Well, I calculate it manually! In addition, I don’t have any specific target that I want to make in my every single trade position, I set my Stop Loss and Take Profit positions in order to neatest support and resistant levels! In addition, I count profit ratio here so seriously and I use only 1.5 and above profit ratio’s trade positions!

Picking currency Market Sentiments في عام May 08, 2017 at 10:58

I am not sure actually, because I identify market sentiment according to my Price Action knowledge, when I get buy trend on EUR/USD and EUR/JPY but sell trend on USD/JPY, then I use more EUR/USD than EUR/JPY, thus currency correlation helps me to identify market sentiment! In addition, I am not going to following others statement or data!

linear regression to predict things في عام May 07, 2017 at 07:22

Whatever, it is; I have 5 years trading experience but till now I am not interested on any specific trading strategy or system! Because, I seem it’s a decentralize market; so I make live market analysis for trading! For me technical analysis mean find out important swing points, besides news analysis is my main weapon here!

Forex Trading Strategies في عام May 07, 2017 at 06:57

You are absolutely right, there is no specific formula of success! That’s way, don’t believe on Holy Grail trading strategy, 100% doesn’t exist in Forex! At the moment, I am comfortable with my personal trading strategy even though I get 70-73% accuracy from this trading system! I can recover my losing positions too early because of using higher profit ratio, I use multiple TP positions in a trade!

no slippage broker في عام May 04, 2017 at 06:06

Well, only regulated Forex brokers are able to provide first class live trading environment with enough security! But you may face this kind of technical problem if you use market maker broker who are mainly non-regulated! So, if you face slippage issue, that means you are using a market maker broker! Of course, market maker brokers are scammers!

Windows 10 will make MetaTrader passwords invalid في عام May 03, 2017 at 06:14

Really? I am not sure because till now I am with Win7! In addition, I update my mt4 trading platform automatically just when I get notice from mt4! In this case, I don’t need to set my login and password anymore! Although, sometimes it’s really embarrassing to update mt4 trading platform when I have running trade positions in my account!

The Real HOLY GRAIL في عام May 02, 2017 at 09:11

There is nothing like Holy Grail in trading industry! Certainty doesn’t exist in Forex, it’s all about probability! Actually, Holy Grail is a language of marketing, even I bought my 1st trading EA with 100% guarantee, and then I lost my 1st live trading balance (1K) within just 3 hours, and now I trade manually here!

AutoTrade Systems في عام Apr 30, 2017 at 06:37

There have so many popular ways of automatic trading! In addition, I have used PAMM account service, trading EAs, and so many trading signal services as well! But very bad experience, I crashed my live trading balance for most of the time! By the way, now I trade manually and I want to inspire you to do manual trading! Manual trading is much reliable than automatic trading!

Is our account info safe with Myfxbook? في عام Apr 28, 2017 at 10:55

Here we are using only investor password, so don’t be scared on any security related issue! This is the most popular trading journal, I have improved a lot by using this trading journal! In my early stage of trading I was involved with so many common mistakes, but now I am not because of this trading journal!

How can I obtain my MT4 Investor Password from my Broker? في عام Apr 26, 2017 at 08:53

After opening your trading account in a broker, they may provide you all of your trading details in your relevant Emil ID with Investor Password! Please keep secure this Email, it’s very important, you need verify your identity during your withdrawals!

I love Gold Only في عام Apr 25, 2017 at 13:43

Yes, Gold trading metal is one of my favorite trading instrument! I basically use this volatile trading metal for news trading! By the way, right now I have more than 15 trading pairs into my live chart for real trading! The main advantage of using volatile trading instrument is, I get my daily trading target too early! Besides, I like to use GBP/JPY and USD/CAD!

Pip Calculator question في عام Apr 24, 2017 at 13:49

Well said! When I was a novice trader then I also didn’t know this type of technical answer! Whatever, I use all of my trading targets according to the pips target, like right now my daily trading target is 65 pips; I seem traders need to set their trading targets with pips measurement, they shouldn’t use $ calculation in this case!

Who can help me to trade? في عام Apr 24, 2017 at 13:49

If you want to make lifetime money from this trading profession, then go for manual trading! Start your trading with a demo account, it’s a free service so, you can boost up your trading skill by demo practicing! But, till now automatic trading services are open for you, this type of trading services are too much risky since, pro trades are very silent, so select your trading partner after verifying his/her trading skill!

Classic books about forex في عام Apr 23, 2017 at 06:35

Yes, there have so many ways of learning Forex business, but till now reading eBook is my favorite! I have read more than 100 trading eBook till now! But it’s true, all of trading eBooks were not meaningful! By the way, I found proper price action knowledge by reading ‘Best Forex System: Price Action’! In addition, right now I use my PA knowledge in my live trading account!

Is there such a thing as an honest broker في عام Apr 21, 2017 at 05:28

Of course! But, unfortunately it’s true market maker Forex brokers are available here and there, they are very active on marketing policy! So, retail traders start their trading journey with a market maker Forex broker most of the time! Regulation is one of the most important parameter here, regulated Forex brokers are honest, so invest your money after confirming the status of your broker regulation!

Managed Accounts في عام Apr 19, 2017 at 14:19

Yes, PAMM and others automatic trading services are available right now! But don’t go for auto choice, if you wanna be a successful Forex trader! Here all of successful Forex trader handle their trading account manually! You need to follow that reliable way! By the way, if you want to use this financial market as an investor, then you can go with automatic trading services but carefully!

Show your profitable account here. في عام Apr 19, 2017 at 07:21

Thank a lot for this useful thread! I am a new member here and I see, there have so many successful Forex trader here! Of course, I will add my profitable trading account here very soon! Actually, I have 6 years trading experience and from last 4 years I have been enjoying my live trading journey!

EURUSD	1.15041	GBPUSD	1.34261	AUDUSD	0.69938
USDJPY	156.956	USDCAD	1.40467	USDCHF	0.81135

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