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Whats the Best Education Around??

yersonv
Jan 08 2017 at 07:46
24 posts
@NadineB Congratulations, you are taking trade seriously. It must be so!

yersonv
Jan 08 2017 at 07:46
24 posts
rrrfx1 posted:
I by nature ask a lot of questions, so I went into forums and exploded them with well-formulated questions. I like to write so that everything I did not know put it on a list and I would seek answers by all means, until I reached an acceptable knowledge of that area and then move on to the other. However, there are common mistakes you are going to make and what you have to commit to form what we call experience.



Well the list of doubts is endless in the trade.

Crocodile (Croco_Dile)
Jan 08 2017 at 08:18
281 posts
The Market Makers try to steal money from traders by building traps.
Learn how they do that :

Complexity is expensive, inefficient, and ineffective > Crocodile trading
rob559
Jan 08 2017 at 08:42
1916 posts
wiseinvest posted:
School of pipsology at babypips..


agree 100%

Michael (michaelinman11)
Jan 08 2017 at 08:42
5 posts
Hello Robin, way to go! Almost a year Trading tenacity is an absolute requirement of every successful Forex Trader. I am an intermediate level Trader which means I know how to trade profitably I just don't do it for a living yet. Hopefully I can help point you in the right direction.

You're in the R&D phase of your trading career and should be free to explore a wide variety of trading Styles and strategies. If you restrict yourself to a cash account you're going to need virtually unlimited resources or time to explore the different strategies available. Demo accounts are free and easy to use. I have 3 demo accounts from different brokers running on my computer right now. I personally have found that backtesting doesn't work and it's a complete waste of time. So the only realistic way for me to test out a good strategy is to test it out on a demo account in real time. I just don't want you to lose any money until you're more sure of what you're doing. I have burnt a few accounts and know how it feels. That's enough about demos, I have 2 tips to share.

     Tip 1 Consistency Every successful business you're familiar with started with a business plan and trading is no different. If you want to be a successful Trader you're going to need a trading plan. Plan your trade and trade your plan.


     Tip 2 Overtrading In my humble opinion overtrading is the number one reason most Traders fail. The 1 minute to 15 minute time frame I would avoid until you're more experienced in trading as there are some very good Traders there and they will take your money if you give them half a chance. Swing trading systems is a much safer choice as you'll be trading in a higher time frames 4 Hour or 1 day which would naturally keep you above The Fray. There are many good and free examples to choose from online. Good luck and happy Trading.


“Life is short, break the rules, forgive quickly, kiss slowly, love truly, laugh uncontrollably, and never regret anything that makes you smile. Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” Mark Twain
Crocodile (Croco_Dile)
Jan 08 2017 at 08:49
281 posts
wiseinvest posted:
School of pipsology at babypips..


They start with the truth :

Our definition of a successful trader is having the ability to do three things :

1. Make pips
2. Keep pips
3. Repeat

But this is followed by all the useless 'knowledge' we can read about everywhere !
There is no path a newbie can follow and have success. He has to figure it out on his own.
This is no school !

Complexity is expensive, inefficient, and ineffective > Crocodile trading
NadineB
Jan 09 2017 at 08:02
20 posts
edwige posted:
NadineB posted:
@yersonv good to hear then. I will be joining webinars this January and I am hoping that will enrich my knowledge even more!



Good decision to start the year.


Thank you so much!

NadineB
Jan 09 2017 at 08:02
20 posts
yersonv posted:
@NadineB Congratulations, you are taking trade seriously. It must be so!


Yes, especially that this one made a good result as my secondary income.

NadineB
Jan 09 2017 at 08:02
20 posts
monkyl posted:
The best education conforms to your method of study and research based on various means and the ability to analyze your own trading strategy.
Who studies their own trade learn more!


I must agree with you, and while studying you'll discover the best strategy for you own as well.

Forex Dave (daytrader105)
Jan 12 2017 at 08:11
1 posts
robinpike posted:
I started to learn how to trade in February, 2016 and have gone through two programs (MTI and Apiary Fund) and while I have learned a TON of information and have done some successful trades I feel there is a piece missing. I am sure it has a lot to do with the learning curve and just needing experience behind me but I can't help but feel there is something missing. My husband keeps telling me, one day the light bulb is going to go off and it will all click for me! I do not plan on being in the 95% of those traders who quit. I plan on making this my full time income so I am extremely determined to make it work!! Any productive advice is welcome!!

Thank yoU in advance for your feedback!! :-)

Robin



Learning how to trade is not as important as learning a winning system, from experience trading for 6 years and loosing i can tell you a winning system is a must. just take your time and you will find the light eventually, but you have to be persistent, and there will be a lot of bad times.

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