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teadragon1
a good trading strategy
v
Noví obchodníci
Jul 27, 2021 at 11:17
A good strategy is one that works LONG TERM. Any strategy will work in a trending market but only the best strategy will work in all market conditions
Overconfident
v
Noví obchodníci
Jul 27, 2021 at 11:16
One needs a trading plan to stop over confidence. Reading that and sticking to it will stop over trading
Why are forex traders interest rates so important?
v
Noví obchodníci
Jul 27, 2021 at 11:15
it is important to remember that it is the PREDICTION of interest rate changes that drives FX price changes. This is why all the other economic data moves the markets - it provides an early indication of how interest rates may change. So when rates actually change there may be only be a small change in price because the change is priced in
You don't need to be
v
Obecné
Jul 12, 2021 at 12:23
RR is no everything but it is important. But be careful not to go too extreme. An RR of 1:10 may sound great but will the price ever reach such a large target
Famous Traders and Investors, what to think of them
v
Obecné
Jul 12, 2021 at 12:22
I am more impressed with the self taught home trader making a steady income than the rich kid who works at a bank and then makes a name for himself through a few lucky trades
profits in forex trading
v
Obecné
Jul 12, 2021 at 12:21
With experience and time the profits will eventually come. Too much focus on profit immediately will just result in over trading
Is forex is best source of income?
v
Noví obchodníci
Jun 17, 2021 at 10:21
Forex is great way of making money if you can make it work. If not, you will lose everything. So it is very high risk - high reward
Max allowed investment
v
Noví obchodníci
Jun 17, 2021 at 10:20
$0 - If you are using Forex Fury. Best to stay away or at least use a demo first
Trade Around the Clock
v
Noví obchodníci
Jun 17, 2021 at 10:19
It is open 24 hours but best trading is in European and US sessions so Asian traders still have a rough time
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