Loading...

Advertisement

New Traders Forum

1
2
3
4
5
..
54

About retracement

By THPX55 May 30 at 07:01

Absolutely agree with this! That “toll” mindset really helps frame things better - it's easy to get caught up in trying to squeeze every last pip out of a move. Accepting profit-taking as part of the game keeps emotions in check and helps maintain consistency. Great perspective!

1 Replies 94 Views

Last post by ForwardX Jun 05 at 12:51

About the data market

By THPX55 Jun 05 at 07:22

Five minutes before the CPI is released, either clear your position and wait and see, or place a breakout order. Don’t operate manually when the data is released - slippage and emotions kill both!

0 Replies 18 Views

Last post by THPX55 Jun 05 at 07:22

How Do You Use Order Flow Indicators Like FastBull to Improve Your Forex Tradi

By Nnamdik Jun 04 at 13:25

Gold has been holding strong above $3,330 despite some recent dollar strength. I noticed it's consolidating just below the $3,377 resistance zone, and a breakout above could open up room toward $3,400. FastBull’s latest chart also highlights strong support around $3,300, where order flow has been building. I’m watching closely for a...

1 Replies 21 Views

Last post by Nnamdik Jun 04 at 13:41

About light positions

By THPX55 Jun 03 at 07:17

Newbies always complain that light positions make money too slowly, but veterans understand: light positions are like leaving homework for yourself - if you fail, you can start over, but if you make a mistake with heavy positions, you will drop out.

0 Replies 27 Views

Last post by THPX55 Jun 03 at 07:17

Trading small account

By F6000 May 31 at 03:59

can u send me ur investor pass to watch the acc

1 Replies 79 Views

Last post by Gxemafia May 31 at 05:52

I need help with my trading calculator please!

By MassZERO Feb 06 at 05:32

Need help please I accidentally delete my google sheet my calculator there its gone...Hi brenda do you have a back up of the excel sheet?@Brenda13Help me please what is the formula to get the Pip value of gold...

15 Replies 204 Views

Last post by MassZERO May 30 at 18:13

"Cash is a position."

By Ngochieu May 30 at 08:40

In the forex market, the winner isn’t the smartest — it’s the one who can control their emotions in the middle of chaos. New traders come in thinking it’s a quick way to make money, but this is a psychological battlefield. Greed will blow up your account. Fear will have you buying tops and selling bottoms. If you’re no...

0 Replies 137 Views

Last post by Ngochieu May 30 at 08:40

What combination of technical indicators tends to provide consistent results?

By Kimmyyy May 30 at 04:11

Not tryna get blocked here but this is the article that I am referring, if anyone need some clarity about what "grid trading" is, as I think some called it range trading as well? https://www.atfx.com/en/analysis/trading-strategies/what-is-grid-trading-how-does-it-work

1 Replies 47 Views

Last post by Kimmyyy May 30 at 06:32

Alternative for stoploss always getting hit.

By dfx_trader May 21 at 02:39

Better be safe with your investment by picking correlated pairs. I hedge in various methods and once current loss gets beyond my appetite, it would be better to spread the loss. If you have been struggling with your stoploss always getting hit, removed your stoploss and use hedging.

4 Replies 80 Views

Last post by dfx_trader May 29 at 20:52

About mentality

By THPX55 May 29 at 06:42

Mindset is key for any trader, especially when starting out. Staying calm and following a solid plan helps avoid emotional decisions that can lead to mistakes.

2 Replies 98 Views

Last post by Alyssa__ May 29 at 13:42

About capital preservation

By THPX55 May 26 at 08:24

I completely agree. At the intermediate level, the priority must always be capital preservation. Consistently protecting your account balance allows you to stay in the market and capitalize on opportunities over time. Chasing profits without solid risk management often leads to unnecessary drawdowns. Just like learning to swim, mastering the fundam...

1 Replies 65 Views

Last post by Louis__ May 28 at 13:19

About leverage

By THPX55 May 21 at 06:18

High leverage like 100x might seem appealing for fast gains, it also significantly increases the potential for losses. Starting with lower leverage such as 10x has helped me focus on building a solid foundation and understanding the market dynamics. In my view, protecting your capital and gaining experience gradually is far more sustainable than ta...

1 Replies 44 Views

Last post by Alyssa__ May 28 at 12:50

Stop Loss and Take Profit

By LovelyGirl1978 May 27 at 17:21

The club’s idea to lose 1% but only make 0.1% means you have to win almost every trade to make money - that’s really hard. I set stop loss where the market shows it makes sense like just below a support level or a bit beyond recent price move. I try to make profit at 1.5 to 2 times what I risk. So if I risk 1%, I aim to make 1.5% or 2%.

1 Replies 45 Views

Last post by Janice__ May 28 at 12:48

Understanding Drawdown

By AtlanticQuant May 21 at 03:49

Good to see a conversation about the Drawdown. To me, it has even more importance than the profit.Can you explain what the Drawdown metric in the stats panel (top left corner) of a Myfxbook track record actually represents? I'm looking at some track records showing a 20% drawdown, but when I check the drawdown chart, I don’t see any signi...

2 Replies 92 Views

Last post by AlgoTradingSpace May 28 at 09:00

About technical indicators

By THPX55 May 25 at 07:23

When I started, I wanted to use every indicator I could find, but it just made things messy. Sticking to MACD helped me focus and understand how they actually work.

2 Replies 68 Views

Last post by Alyssa__ May 27 at 13:21

About full-time trading

By THPX55 May 27 at 07:04

Don't quit your job to trade easily! First use your spare time to make stable profits for two years, and then consider working full-time. The premise of freelancing is “occupation”, not “freedom”.

0 Replies 54 Views

Last post by THPX55 May 27 at 07:04

Rebate with forex loss and come out from bad situation

By AtiqulIslam May 25 at 09:23

Hi, I've been a forex trader now 12 years. In short sentence I can say every trader first time make loss a lot before becoming a good trader. I had same during the start because it is a risky business. However, everyone can't manage risk properly. I meet online with a tons of trader who lost huge and breakdown their lives and life. The mome...

0 Replies 67 Views

Last post by AtiqulIslam May 25 at 09:23

About covering positions

By THPX55 May 22 at 06:24

Are you in a hurry to cover your position to dilute the cost after a 10% drop? Be careful when going from shallow to deep. Don’t add to a losing order. This is a lesson learned the hard way.

0 Replies 26 Views

Last post by THPX55 May 22 at 06:24

The Truth About Trading

By AtlanticQuant May 20 at 07:09

Absolutely agree with you! 🎯 Chasing a high win rate often blinds traders to the bigger picture—managing risk and preserving capital. Discipline and emotional control are the true pillars of long-term success. Consistency over perfection is what builds sustainable growth. How do you usually approach position sizing to keep your drawdowns in ...

2 Replies 48 Views

Last post by AtlanticQuant May 20 at 18:41

About cost

By THPX55 May 20 at 06:41

Transaction fees and spreads are invisible thieves. Frequent trading is like inviting thieves in. Those who cannot calculate the costs are just working for the platform no matter how much they earn.

0 Replies 46 Views

Last post by THPX55 May 20 at 06:41

1
2
3
4
5
..
54

Any opinions or market advice provided in the community sections are not necessarily the opinions of Myfxbook or its affiliates. The comments and opinions posted are of traders who may or may not be experienced. The comments are not reviewed or researched by Myfxbook.com or its affiliates. If you choose to make decisions or place trades based upon the comments, you are doing so at your own risk. Myfxbook and its affiliates are not responsible for any losses incurred due to the use of the content provided.

Terms | Privacy | Site Map | Site Map Calendar

© 2025 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.