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Tools to trade.

45656
Sep 15 2019 at 08:17
65 posts
There are many tools like oscillators, averages, and others. Common mistake among new traders is to mix everything up. They feel more comfortable when there are more tools on chart. This way it is hard to learn with one specific tool. Because you have so many tools on chart you will act on different signals. Yes, some indicators work great together but you should know what are you looking for. This may be very confusing. Result is always the same – no progress.

Roberto21
Sep 16 2019 at 05:24
364 posts
which amount is more appropriate for new Forex trader , it depends on how much basic knowledge he acquired including practicing, if any newcomer go thorough all basic level of trading with live experience for 6 month , i think he has the capability to reduce unfortunate losses and risk.    

HertzTrader
Sep 16 2019 at 10:47
11 posts
I had best progress when I took all the indicators off my charts and just traded price action. I think that is the best way

togr (togr)
Sep 17 2019 at 09:01
4862 posts
Your
- eyes
- brain
- hands
- internet connected device


Mohammadi
Sep 17 2019 at 10:15
886 posts
For keeping survive in this volatile trading place confident is needed but overconfident is will harmful , sometimes because overconfident then leading trader greedy in trades, and dare to take risk in trading which actually the market very dynamic and not always after trade open trades then will directly get profit.

lazilybento
Sep 17 2019 at 12:34
8 posts
All you need is
 - patience
 - cool head
 - determination


AmDiab
Sep 17 2019 at 14:56
718 posts
lazilybento posted:
All you need is
 - patience
 - cool head
 - determination



And of course a good trading strategy; when you are trading with a smooth trading system then the procedure will be meaningful!!

togr (togr)
Sep 18 2019 at 06:36
4862 posts
AmDiab posted:
lazilybento posted:
All you need is
 - patience
 - cool head
 - determination



And of course a good trading strategy; when you are trading with a smooth trading system then the procedure will be meaningful!!


Good trading strategy is necessarry for trading, but it is not a tool.
It is telling you how and when to trade while tool is to execute the trade

jakes90
Sep 18 2019 at 11:21
19 posts
Forex traders tend to make everything over complicated with the excess use of these trading tools. I don’t say they are not useful, but sometimes a simple strategy with lesser stress works better, as in my case.

togr (togr)
Sep 18 2019 at 12:23
4862 posts
jakes90 posted:
Forex traders tend to make everything over complicated with the excess use of these trading tools. I don’t say they are not useful, but sometimes a simple strategy with lesser stress works better, as in my case.

thumbs up

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