I am a beginner and do not understand anything about Forex and CFDs.

Dec 13, 2023 at 15:00
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11 Replies
Členem od Dec 13, 2023   4 příspěvků
Dec 13, 2023 at 15:00
I have been trading crypto exchanges for 2 years now and decided to try Forex and CFDs as it is very similar to Perpetual Contracts. But it's different here and I would like you to help answer a few questions.

- Where did you start your journey in trading?
- What are some useful chat rooms for traders?
- What brokers do you use?
- What is your opinion about trading robots?
- If you used expert advisors or special applications with robots, which ones?
Členem od Oct 06, 2017   4 příspěvků
Dec 14, 2023 at 08:32
Where did you start your journey in trading? Start your journey with ICT youtube channel
- What are some useful chat rooms for traders? TOPSTEP YOUTUBE CHANNEL
- What brokers do you use? IC MARKETS HAVE GOOD SPREADS
- What is your opinion about trading robots? DONT BOTHER MOST WILL LOSE YOU MONEY
- If you used expert advisors or special applications with robots, which ones? SAME DONT BOTHER


AND
GOOD LUCK
ON YOUR JOURNEY
Členem od Dec 13, 2023   4 příspěvků
Dec 14, 2023 at 09:53
carlton888 posted:
Where did you start your journey in trading? Start your journey with ICT youtube channel
- What are some useful chat rooms for traders? TOPSTEP YOUTUBE CHANNEL
- What brokers do you use? IC MARKETS HAVE GOOD SPREADS
- What is your opinion about trading robots? DONT BOTHER MOST WILL LOSE YOU MONEY
- If you used expert advisors or special applications with robots, which ones? SAME DONT BOTHER


AND
GOOD LUCK
ON YOUR JOURNEY
Thanks! I'm hoping to hear some more opinions. I did the same when I started trading crypto, and I want to start working with Forex/CFD in the same way, based on a few opinions.
I am asking about robots because they bring me some results in crypto. Robot services there are much more convenient than they are realized on this market.
Členem od Feb 13, 2023   2 příspěvků
Dec 15, 2023 at 15:46
whats up koles?

im brazilian trader (and practicing my english kkkk 'lol')

my first contact with the investiments world was in a company I worked, I like to say I was very lucky guy because I learn to understand the charts with very exp traders..
they have some thing in comum: they listen my ideas. Its very important to trader believe in your ideas. Its a solo jorney.

after this introduction I will asnewr your questions about forex and cfds


- What are some useful chat rooms for traders? I use Trading View to show my trades and talk with other guys
- What brokers do you use? IC MARKETS
- What is your opinion about trading robots? This is to who have MUCH money (In my opinion)
- If you used expert advisors or special applications with robots, which ones? No... manual trading

I hope you have profit and be welcome to the most financial market !!!

Členem od Dec 13, 2023   4 příspěvků
Dec 18, 2023 at 12:40
ViniciusFranco posted:
whats up koles?

im brazilian trader (and practicing my english kkkk 'lol')

my first contact with the investiments world was in a company I worked, I like to say I was very lucky guy because I learn to understand the charts with very exp traders..
they have some thing in comum: they listen my ideas. Its very important to trader believe in your ideas. Its a solo jorney.

after this introduction I will asnewr your questions about forex and cfds


- What are some useful chat rooms for traders? I use Trading View to show my trades and talk with other guys
- What brokers do you use? IC MARKETS
- What is your opinion about trading robots? This is to who have MUCH money (In my opinion)
- If you used expert advisors or special applications with robots, which ones? No... manual trading

I hope you have profit and be welcome to the most financial market !!!

Thanks!
Členem od Jun 21, 2018   10 příspěvků
Dec 18, 2023 at 15:16

- Where did you start your journey in trading? - Trading FX on IG Markets
- What are some useful chat rooms for traders? - MyFXBook is the best one
- What brokers do you use? - IG, IC
- What is your opinion about trading robots? - Mixed. Some good, most bad
- If you used expert advisors or special applications with robots, which ones? MT4
Členem od Dec 13, 2023   4 příspěvků
Dec 18, 2023 at 15:19
SpacePower posted:

- Where did you start your journey in trading? - Trading FX on IG Markets
- What are some useful chat rooms for traders? - MyFXBook is the best one
- What brokers do you use? - IG, IC
- What is your opinion about trading robots? - Mixed. Some good, most bad
- If you used expert advisors or special applications with robots, which ones? MT4
Super thanks!)
Členem od Mar 31, 2018   27 příspěvků
Jan 07 at 15:56
- Where did you start your journey in trading? 6 years ago
- What are some useful chat rooms for traders? MyFXBook
- What brokers do you use? ICMarket/XM market

- What is your opinion about trading robots?

If you have a strategy that is systematic, inline with robust risk management and you can create a bot to execute these trades. Its a no brainer!!

However if your using someone's bots and don't fully grasp the strategy, and understand its limitation, with no risk management. Wasting your time

- If you used expert advisors or special applications with robots, which ones? NO

All the best!
Členem od Jan 13, 2024   1 příspěvků
Jan 13 at 14:14
Hey guys !
Členem od Nov 21, 2022   11 příspěvků
Jan 15 at 06:01
>What brokers do you use?
i use a fully regulated forex broker.

>What is your opinion about trading robots?
a computer program only does what it is told to do.
if you give it garbage instructions, the output result will be garbage.

>If you used expert advisors or special applications with robots, which ones?
i do not use any moving averages.
i never use any of the basic indicators, because they are based on moving averages.

i am a C language programmer with 40 years of experience.

my work is a hybrid of martingale/gridding/arbitrage.

Členem od May 22, 2017   85 příspěvků
Jan 15 at 14:45
kolesnikoff posted:
I have been trading crypto exchanges for 2 years now and decided to try Forex and CFDs as it is very similar to Perpetual Contracts. But it's different here and I would like you to help answer a few questions.

- Where did you start your journey in trading?
- What are some useful chat rooms for traders?
- What brokers do you use?
- What is your opinion about trading robots?
- If you used expert advisors or special applications with robots, which ones?
Whats the main difference between CFDs and Perpetual contracts?


- Where did you start your journey in trading?

At a trading Firm

- What are some useful chat rooms for traders?

I have never done char rooms, sorry.

- What brokers do you use?

ICMarkets
FxPro
Pepperstone
Others

- What is your opinion about trading robots?

They haven't worked for me, if you get different results, let me know.

- If you used expert advisors or special applications with robots, which ones?

None.
F*** it we ball!
Členem od Jan 16, 2018   7 příspěvků
Jan 15 at 16:50
Stay away from robots until you are more knowledgeable.
Focus on learning about FX and how to trade (on demo) first. Don't worry about trying to earn money. The first few months should all be about learning
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