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Tools to trade.
Mitglied seit Sep 06, 2019
10 Posts
Mitglied seit Oct 26, 2013
2 Posts
Mitglied seit Feb 22, 2011
4573 Posts
Nov 05, 2019 at 09:06
Mitglied seit Feb 22, 2011
4573 Posts
pullpotential posted:
Best way to avoid is to use a Forex robot. it will not make mistake
You are right but with the addition you have to use the robot which you perfectlly know. Ideally the one programmed by you.
Don't buy and use bots you know nothing about.
Nov 05, 2019 at 09:27
Mitglied seit Aug 11, 2017
870 Posts
In forex trading there are many important things we the traders have to make sure for ensuring a better trading life. as like good trading knowledge , good support from a trading broker , real money managing plan , risk management approach , knowing the approach how to use Stop Loss , controlling emotions and much more that are very supportive to lead a comfortable trading life with certainly.
Nov 13, 2019 at 06:37
Mitglied seit Aug 11, 2017
870 Posts
The most important think is the broker in Fx trading, because the broker can affects the result of our trading with certainly. for leading a healthy and secure trading life we the traders have to choose the broker which for all time make sure secure environment for trading . Actually the most credible trading for all time ensures security of funds at any kinds of investments with a wide range of trading technologies.
Nov 29, 2019 at 09:17
Mitglied seit Apr 18, 2017
659 Posts
Roberto21 posted:
the man who can make real money from here of course has most powerful analyzing trading knowledge including a reliable support from a credible trading broker.
I think, chart reading strategy is very much powerful; besides having a good trading environment is crucial.
Mitglied seit Feb 22, 2011
4573 Posts
Dec 13, 2019 at 12:11
Mitglied seit Feb 22, 2011
4573 Posts
Debtless posted:
There is too many sources. It is impossible to know which are good and which are not. It would take lifetime to read it all and even then not know what works and whatnot
You are right. Nowadays there are so many wrong or false information everywhere. Not only related to Forex.
My advice - listen only to users who has proven, long term results.
I know one here :)
Dec 14, 2019 at 16:07
Mitglied seit May 16, 2019
28 Posts
I think that in order to achieve high results on forex you need to use a combination of technical analysis and fundamental analysis. Each of these directions opens its own possibilities, which allows you to make your income large and stable. Another thing is that this approach requires constant training and study of a lot of information, but I think you will agree with me that the result you will get in the end deserves these sacrifices. And on the other hand, in any business, to get something you need to work hard and spend your energy. Otherwise, there is no way. Even if you do passive investment, you still have to think in advance how to act in this or that situation. I don't know how to recommend something specific, because everyone has their own approach and criteria.
Mitglied seit Aug 27, 2017
875 Posts
Dec 29, 2019 at 13:27
Mitglied seit Aug 27, 2017
875 Posts
Roberto21 posted:
for good trading learning is not everything , i
ts all about practicing. so emphasis on practicing besides learning.
I got your point; this is why demo practice is so impotent! Traders need to use their practice account until they are very sure on their trading strategy!
keeping patience.......
Apr 21, 2020 at 14:45
Mitglied seit Aug 11, 2017
870 Posts
leverage is a very complicated tool in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.
Apr 26, 2020 at 18:55
Mitglied seit Aug 09, 2017
598 Posts
I trade based of my personal trading strategy, it’s a combination of 4 default and 2 custom indicators! So for me, trading preparation means, counting the positions of all of trading indicators according to my strategy! Besides, I also count currency correlation! That’s my preparation!
May 07, 2020 at 08:38
Mitglied seit Aug 11, 2017
870 Posts
in order to me , the best way is for someone to get a demo account and then try Forex trading without the benefit of any training or even reading of the basic of Forex trading, this way , you will get confused a lot and therefore , if you get attracted to the trade, you will search the web and find out and learn about the things which are making you confused.
Mitglied seit Mar 02, 2020
13 Posts
May 14, 2020 at 13:28
Mitglied seit Mar 02, 2020
13 Posts
Roberto21 posted:
So many experience traders always suggest us to acquire good trading knowledge by learning to keep survive in Forex in a proper way. But according to me , only trading skill is not good enough to make profit consistency devoid of ensuing exact trading discipline and money managing plan.
so what else you need to have? Beside knowledge and trading skill?
May 16, 2020 at 00:07
Mitglied seit Mar 03, 2020
11 Posts
eleonorashatik posted:Roberto21 posted:
So many experience traders always suggest us to acquire good trading knowledge by learning to keep survive in Forex in a proper way. But according to me , only trading skill is not good enough to make profit consistency devoid of ensuing exact trading discipline and money managing plan.
so what else you need to have? Beside knowledge and trading skill?
experience, A LOT of experience.

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