Professional4X
Member Since Jan 05, 2016
1189 posts
Dec 18 2019 at 20:25
pleasingoink posted:
I do not understand how risk management can help you be a profitable trader. Sure it can minimise losses but how can this actually help you gain money
Let me ask you this ok?
How many times have you experienced a blown out account?
DEMO or LIVE does not matter, what matters is the account was blown.
Now consider WHY those accounts experienced a total loss.
And finally what do you think you could have done differently with those blown accounts, which would have prevented such a massive negative impact on the account?
If it looks too good to be true, it's probably a scam! Let the buyer beware.
so many paid course right now available in online and most of them are found to be scams. so beginners have to be more careful when choosing a learning platform.
ENIGMA CAPITAL
(transhuman)
Member Since Mar 03, 2015
14 posts
Mar 23 2020 at 11:34
Treeny posted:
You'll do well to find a profitable EA
Yes I agree, there is a lot of rubbish out there, what never ceases to amaze me, are the number of devs and retailers that only show backtesting results, and expect you to part with the $$. I did, however, find one that seems to be working, we made a few tweaks to the code, like money management, and vola! What's your view on well-designed grid traders?
Roberto21 posted:That's right. These scammers are present everywhere. Everyone needs to beware.
so many paid course right now available in online and most of them are found to be scams. so beginners have to be more careful when choosing a learning platform.
EbonyJones
Member Since Jul 20, 2020
232 posts
Aug 25 2020 at 07:57
If you are new in this market, you need to have proper knowledge about the market. Without proper knowledge you can not make money from this risky market. you can get knowledge about forex from many sources. But for me, The best way to learn forex is a demo account.
LeviSievwright5
Member Since Jul 20, 2020
298 posts
Sep 11 2020 at 02:34
If you are new to trading, you need the help of an expert advisor. If you don't learn to trade, there can be many kinds of problems. When I was a new trader, I had a lot of problems with the trading flame. But eventually, I found an expert advisor. From whom I learned a lot. And now I am getting much better rewards in trading.
lovefortrading
(perryjohn765)
Member Since Sep 12, 2017
238 posts
Sep 11 2020 at 08:19
EAs doesnot come with 100% profit guarantee
As a newbie, if you are going to use an EA must choose in accordance with your strategy bcoz there are lots of EAs in the market. It will be confusing for you as a newbie so plot a simple strategy and go for an EA according to that. It will be easy for you to choose from those.
hello sir.
i tried to buy an ea. but it does not work for me. that is why i do not want to buy it again. signals seems interesting. but nobody gives free signals. so anyway i should pay for them or trade myself.
i tried to buy an ea. but it does not work for me. that is why i do not want to buy it again. signals seems interesting. but nobody gives free signals. so anyway i should pay for them or trade myself.
ElliotCooke
Member Since Jul 20, 2020
341 posts
Sep 11 2020 at 17:17
If you are new in this market, you need to be very careful. First of all, you need to have proper knowledge of the market. You can get all the knowledge of forex from a demo account. it will help you to know all the tools and techniques of forex perfectly.
Alpscalp posted:Well said bro
There are no real good EA's for sale. The only goal is to make profit from the sales. The best EA's are kept for personal use and Signal services/PAMM etc.. A good chef does not sell his recipies but opens up a restaurant ;-)
Never Ever Give Up
pegima posted:Alpscalp posted:Well said bro
There are no real good EA's for sale. The only goal is to make profit from the sales. The best EA's are kept for personal use and Signal services/PAMM etc.. A good chef does not sell his recipies but opens up a restaurant ;-)
Im not so sure about that. A very good EA has approx 200 buyers /month for $500 each.
You need a hell of an accout to make that profit if you dont sell it.
I can just see to myself. I dont have a big account, but I have learned how to code EAs. When Im ready with a good one, it is out for sale.
Why should I trade with $5k or $10k if I can make $200k /month or even a fraction of that ?
GeorgeBischof
Member Since Jul 19, 2020
318 posts
Sep 15 2020 at 19:15
New traders should always be careful. Before making trade they should make a good plan to make money form this market.
LeviSievwright5
Member Since Jul 20, 2020
298 posts
Sep 16 2020 at 02:06
New traders always need to gather a lot of information about trading. If a trader participates in trading without acquiring proper knowledge, he will never get a good reward from trading. Choosing a broker is very important for new traders. A good broker can lead a trader to success.
every new trader should focus on making money. to do that they should make a good and profitable strategy
ElliotCooke
Member Since Jul 20, 2020
341 posts
Nov 03 2020 at 20:09
Every new trader should be very serious about their trading. Most of the traders lose their money because of their low knowledge and skills in trading. So, gather proper knowledge before entering into this risky market.
EbonyJones
Member Since Jul 20, 2020
232 posts
Nov 05 2020 at 08:24
A trader should choose a regulated broker to trade in this market. Without a broker, no trader can trade in this market.
generally the target we select is not realistic, this is the main problem we have and for that reason we cant fill up our target completely, we have to make sure the target according to our knowledge and experience , over targeting make make us always greedy and emotional. so be careful
Halexpark899
Member Since Nov 07, 2020
25 posts
Nov 27 2020 at 05:42
Before trading, you must be ready with your trading plan. It will help you make better decisions when you go live.