To use chat, please login.
Back to contacts

Learning Forex Trading

kieran (snapdragon1970)
Jun 13 2017 at 12:43
1946 posts
Trading the DAX was very popular, traded it many times and the commissions were good because it was so predictable ,not as much now, it would gap up at the open or gap down then it would close the gap on a regular basis.
"They mistook leverage with genius".
mlawson71
Jun 14 2017 at 09:22
1487 posts
snapdragon1970 posted:
Trading the DAX was very popular, traded it many times and the commissions were good because it was so predictable ,not as much now, it would gap up at the open or gap down then it would close the gap on a regular basis.

Do you know why these changes happened actually? The political situation in Europe?
AnnaJolie
Jun 15 2017 at 06:26
3 posts
markjasonmanikan posted:
How much is the minimum amount I should invest for my leverage if I will open new account?
At TeleTrade the courses are of very good quality, with good specialist knowledge.
Barrowness
Jun 15 2017 at 10:13
6 posts
I haven't head of TeleTrade are they good?
TerraTopNova
Jun 27 2017 at 13:44
15 posts
I read on an other forum that it is just the standard strategies that don't seem to work
kieran (snapdragon1970)
Jun 27 2017 at 19:20
1946 posts
mlawson71 posted:
snapdragon1970 posted:
Trading the DAX was very popular, traded it many times and the commissions were good because it was so predictable ,not as much now, it would gap up at the open or gap down then it would close the gap on a regular basis.

Do you know why these changes happened actually? The political situation in Europe?

Less traders getting away with calling their buddies in Germany ,'lets push this down for fun see who freaks out'.
"They mistook leverage with genius".
Baldo (BaldoN)
Jun 28 2017 at 11:49
522 posts
AnnaJolie posted:
markjasonmanikan posted:
How much is the minimum amount I should invest for my leverage if I will open new account?
At TeleTrade the courses are of very good quality, with good specialist knowledge.

Trading course will not lead to consistent profitability, but just to understand what should to avoid. All the rest is coming with experience, own understanding about the market and proper mind set.
Mohammadi
Oct 01 2017 at 06:28
886 posts
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Admoni
Oct 01 2017 at 06:30
95 posts
Without learning most powerful analyzing trade knowledge that’s not possible at all to lead a comfortable trading life despite of a reliable support form a credible trading broker , so we have to choose the best trading platform which for all time make sure best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities.
dejesusanta
Oct 06 2017 at 09:33
2 posts
markjasonmanikan posted:
How much is the minimum amount I should invest for my leverage if I will open new account?

according to the broker, and for start 1: 100😀
Mohammadi
Oct 06 2017 at 10:09
886 posts
Every traders got their own criteria for installing stops, it also all depends on how much you can afford to lose at an unsuccessful deal. And look at the trading strategy.
kieran (snapdragon1970)
Oct 06 2017 at 10:51
1946 posts
My plan is to lose as little as possible on every trade, that's why you have to wait for the right moment or what you think is a higher probability of it going in the right direction, just example: waiting for re tests, extended or exhausted price action
"They mistook leverage with genius".
achillea
Oct 08 2017 at 06:34
2 posts
markjasonmanikan posted:
How much is the minimum amount I should invest for my leverage if I will open new account?

 1: 10 leverage/ 1000USD 😄
ethanav
Oct 08 2017 at 06:35
2 posts
paull3000 posted:
In my opinion:

Leverage needs are different to every trader, depends on your strategy and how much money you plan to risk on every trade, anything above 5% risk per trade is suicide, 3% is already a good number.

If (for example) you plan to eventually open an account with $5,000:

1. open a $5,000 demo account and trade with that for a few months untill you become profitable. That way you will have time to test and try your system and emotions.

2. Once you are profitable on demo start with a real account, but fund it only with $1,000 (out of your $5,000), wait until you are profitable, at least one month.

3. Deposit up to half of your capital, wait until you are profitable. At least one month.

4. Deposit the whole amount

You wil:
a) learn to trade first with demo funds,
b) you will learn to control your emotions first with a small amount of money
c) You will not risk your capital until you feel safe and you can really trade
d) You can use all the time it will take you to become profitable to save the money to finally fund your real account
 

interesting!
I have to learn a lot yet.
Mohammadi
Oct 11 2017 at 11:20
886 posts
Actually profitable Forex trading depends on a great combination, so many traders only emphasis on good trading knowledge. but practically to get maximal result by trading we have to make sure powerful trading strategies , risk managing plan , real time of using SL and much more besides real trading knowledge.
Mike76
Oct 30 2017 at 07:38
10 posts
Mohammadi posted:
Actually profitable Forex trading depends on a great combination, so many traders only emphasis on good trading knowledge. but practically to get maximal result by trading we have to make sure powerful trading strategies , risk managing plan , real time of using SL and much more besides real trading knowledge.

Can you recommend some books or where could I get the best know-how for trading strategies or risk management plan?
CoolKimOne
Oct 30 2017 at 15:34
12 posts
babypips is good online source
Admoni
Nov 01 2017 at 07:17
95 posts
I think the main reason is that people think they can enter a market and ready. .. believe it is easy and that from one day to another can be a trader, to succeed takes time analyzing markets and in particularly by developing a system that functions for them because if a system works for me does not imply that works for all others persons.
kieran (snapdragon1970)
Nov 01 2017 at 12:04
1946 posts
chasingreturns has a platform worth checking out if you want to improve.
"They mistook leverage with genius".
Mike76
Nov 02 2017 at 07:28
10 posts
CoolKimOne posted:
babypips is good online source

Great! Thank you!
Please login to comment .