New Forex Trader Here
Member Since Mar 18, 2019
98 posts
Apr 16, 2019 at 10:52
unpopular opinion but even watching youtube tutorial like videos of experienced traders running thorugh how to read and navigate charts, and MT4 in general. this really helped me in the beginning. :)
Apr 19, 2019 at 06:32
Wreeves posted:
Do you have any recommendations for traders to watch on youtube? I watched a few but they just ran through the basics. I really want someone to tell me the details of a strategy that really works
you can watch videos for Struckture and fibo knowlege from jason stepleton, for price action pinbar knowledge from Nial fullar videos.
Day by day having better, better and better...
Apr 19, 2019 at 06:47
Wreeves posted:
Do you have any recommendations for traders to watch on youtube? I watched a few but they just ran through the basics. I really want someone to tell me the details of a strategy that really works
Yes i provides Forex learning as well earning
Member Since Oct 09, 2018
21 posts
Apr 21, 2019 at 07:02
Wreeves posted:
Do you have any recommendations for traders to watch on youtube? I watched a few but they just ran through the basics. I really want someone to tell me the details of a strategy that really works
There probably is no one worth watching there. If you want a winning strategy you have to develop it yourself. No one would give it out for free. Liquidity is not infinite. If a strategy works then you would want to keep it to yourself so as to not break the flow of liquidity. You can't trade too big either because the large market participants would react to that and your edge could dissappear.
Member Since Feb 10, 2019
54 posts
Apr 21, 2019 at 10:00
AdamCantor posted:
unpopular opinion but even watching youtube tutorial like videos of experienced traders running thorugh how to read and navigate charts, and MT4 in general. this really helped me in the beginning. :)
I would have to agree with this!
Member Since Feb 10, 2019
54 posts
Apr 21, 2019 at 10:00
WinterWalker posted:
Broker is important but for new trader does not matter that much. New trader should be on demo only. Stay away from live account for months
Exactly my thoughts
May 27, 2019 at 10:54
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.
May 29, 2019 at 10:52
Mohammadi posted:exactly, strategies are formed according to the market trend and often are improvised while trading, i myself have done it a thousand times.
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.
Member Since Mar 03, 2019
57 posts
Oct 31, 2019 at 11:24
Thank you all for your responses.
Nov 08, 2019 at 05:28
Roberto21 posted:You said it right. Emotions are an inevitable part of life but can be overcome by practicing trading more and more.
from all reasons i think emotions is foremost , only due to emotions traders lost their temper and trade at random. only we can control emotions by practicing trading more and more.
Member Since Sep 10, 2019
10 posts
Nov 08, 2019 at 12:45
You can also overcome them by using a Forex robot or trade copier. Getting someone else trade trade for you could be bset solution
Member Since Mar 03, 2019
57 posts
Nov 09, 2019 at 22:01
kamikazebogeyman posted:yes maybe to start off with
You can also overcome them by using a Forex robot or trade copier. Getting someone else trade trade for you could be bset solution
Member Since Jan 05, 2016
1189 posts
Nov 17, 2019 at 01:54
Roberto21 posted:
newcomers always try to learn foor trading book, the bookish knowledge we acquire from reading a book , practically not works when trading in live. we should practice more and more.
Focusing on Risk Management would greatly reduce the level of losses, unfortunately, most new traders only focus on unrealistic profits, and ignore risk management.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Nov 17, 2019 at 01:56
Mohammadi posted:
according to me, newcomers shouldn’t focus on his winning trade percentage, he or she always have to emphasis to minimize risk and never trade with emotions.
EXACTLY! Risk Management is the #1 priority.
It's so simple and yet greater than 90% of traders lose in the markets because they focus on the strategy and profits above all else and ignore the #1 rule. :)
If it looks too good to be true, it's probably a scam! Let the buyer beware.
