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Need help for be a good trader
Sep 23, 2019 at 08:35
Member Since Aug 09, 2017
785 posts
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Sep 23, 2019 at 11:33
Member Since May 31, 2019
12 posts
Imamul posted:Agree! profit depends on the market movemnts, if market is highly volatile then chaces of making money becomes higher (but never forget the risk as well which comes with high volatility).
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
And needless to say poor money management can destroy you.
Sep 23, 2019 at 14:08
Member Since Jun 17, 2018
1 posts
If I were you, I would save myself a lot of time and look up 'ICT xmas', and really subscribe to his channel. Everything any 'Guru' is going to teach you is BS. %90 of traders lose money. Coincidentally, %90 learn the same thing. So learn about market makers, learn about order blocks, and market manipulation and how it works. Then youll find yourself not like the rest.(Well, after you get money management down.) Ive been trading for years and im just realizing the true issue. Indicators don't work, its only price action you should care about. If indicators did work, wouldn't everyone be making money? Just look into it.
Member Since Aug 05, 2017
289 posts
Sep 23, 2019 at 15:08
Member Since Aug 05, 2017
289 posts
Nasiir83 posted:
If I were you, I would save myself a lot of time and look up 'ICT xmas', and really subscribe to his channel. Everything any 'Guru' is going to teach you is BS. %90 of traders lose money. Coincidentally, %90 learn the same thing. So learn about market makers, learn about order blocks, and market manipulation and how it works. Then youll find yourself not like the rest.(Well, after you get money management down.) Ive been trading for years and im just realizing the true issue. Indicators don't work, its only price action you should care about. If indicators did work, wouldn't everyone be making money? Just look into it.
I will check out this channel, thanks.
Member Since Aug 05, 2019
50 posts
Member Since Oct 05, 2019
37 posts
Oct 19, 2019 at 07:37
Member Since Oct 05, 2019
37 posts
jaredtaylor posted:
Slow start and steady. Also don’t let emotion get in the way of your plan for successful trading.
Yeah! And also don’t put all your money in trading or for what that matter don’t invest more than you can afford to lose.
Oct 19, 2019 at 08:53
Member Since Dec 09, 2016
49 posts
I read all these advice in many forum topics addressed to beginners or traders who`s not profitable, and its easy to see that most ppl on this site just simply ignore Fundamental analysis!! I`m really curious why that is?
Do you guys think fundamental analysis is so insignificant that most of the time it`s not even worth mentioning it?
Bcoz how I see it, the price mostly moves based on the fundamentals, so I think it is really something that everyone should get into a little bit at least.
So if you wanna be a good trader, i strongly advise you to get into and start reading about it, and in time you won`t just see the charts and think ''hmm, the price went up, but i have no clue why'', you will actually understand the reasons behind price moves and you`re confidence will grow significantly in your trading.
Do you guys think fundamental analysis is so insignificant that most of the time it`s not even worth mentioning it?
Bcoz how I see it, the price mostly moves based on the fundamentals, so I think it is really something that everyone should get into a little bit at least.
So if you wanna be a good trader, i strongly advise you to get into and start reading about it, and in time you won`t just see the charts and think ''hmm, the price went up, but i have no clue why'', you will actually understand the reasons behind price moves and you`re confidence will grow significantly in your trading.
Apr 13, 2020 at 19:51
Member Since Sep 22, 2019
24 posts
You are in the right correct hands my dear and I am more than sure that we really can help you with that if there will be a need for such, are you able to put out some things on it or not? do you set some money aside for that matter or not?
Apr 14, 2020 at 07:27
Member Since Oct 19, 2019
38 posts
Gabor33 posted:
I read all these advice in many forum topics addressed to beginners or traders who`s not profitable, and its easy to see that most ppl on this site just simply ignore Fundamental analysis!! I`m really curious why that is?
Do you guys think fundamental analysis is so insignificant that most of the time it`s not even worth mentioning it?
Bcoz how I see it, the price mostly moves based on the fundamentals, so I think it is really something that everyone should get into a little bit at least.
So if you wanna be a good trader, i strongly advise you to get into and start reading about it, and in time you won`t just see the charts and think ''hmm, the price went up, but i have no clue why'', you will actually understand the reasons behind price moves and you`re confidence will grow significantly in your trading.
Well i would agree with you, the importance of neither fundamental nor technical analysis can be underestimated. Both are important and must be taken together than focusing on one alone.
Apr 14, 2020 at 20:06
Member Since Apr 04, 2020
38 posts
If you want to be a good trader then first you need to know trading rules.
Because without knowledge you can not be a good teader. You need connect a good broker. Trading is a very risky business but if you know the perfect using of forex trading then you can also make money with trading.
Thank you
@mdsh7864
Because without knowledge you can not be a good teader. You need connect a good broker. Trading is a very risky business but if you know the perfect using of forex trading then you can also make money with trading.
Thank you
@mdsh7864
Apr 18, 2020 at 15:26
Member Since Dec 14, 2019
22 posts
IT's not working like that, sorry, you really need to improve something in yourself to be that cool anyway. Thanks for reminding me about anything else entirely and clearly. I do want to get it better absolutely. LEt's move on with that;)
Member Since Jul 19, 2020
318 posts
Aug 05, 2020 at 09:38
Member Since Jul 19, 2020
318 posts
If you want to be a good trader you need to be very careful when you are going to trade. You need to make a profitable strategy to make money from this market. You need to have proper knowledge about the market situation. Never try to make decisions from heart. Always make decisions with your brain.
Member Since Jun 21, 2020
59 posts
Member Since Jul 20, 2020
232 posts
Member Since Jul 20, 2020
341 posts
Member Since Jul 20, 2020
298 posts
Aug 12, 2020 at 17:27
Member Since Jul 20, 2020
298 posts
Forex trading is very difficult but if you learn and gain experience you can trade. However, a lot of profit can be made. If you are interested in trading, you can do demo trading. If you think I can trade after demo trading, you can join trading. And if you think you can't trade, then trading is not for you. The mindset has something to do with it. If you trade without a proper mindset, you will lose which is not desirable at all.

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