Um den Chat zu nutzen, melden Sie sich bitte an.

How to increase trading skills ?

garjus
Sep 23 2015 at 09:51
32 Posts
Fundamentals tell you what 'should' be happening...technicals tell you what 'is' happening!

Ben Nathan (BenNathanFX)
Sep 23 2015 at 10:06
137 Posts
garjus posted:
Fundamentals tell you what 'should' be happening...technicals tell you what 'is' happening!


Technicals show you what's happening, fundamentals tell you why it's happening

HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Bob LLewellyn (ForexAssistant)
Sep 23 2015 at 16:24
465 Posts
'Fundamentals tell you what 'should' be happening..
technicals tell you what 'is' happening!

And systemic (mathematical) is how you trade when you want to stop guessing.



where research touches lives.
Ari Goldman (arigoldman)
Sep 23 2015 at 20:33
907 Posts
Combine technicals with fundamentals and you have a good chance of winning.

garjus
Sep 23 2015 at 20:46
32 Posts
BenNathanFX posted:
garjus posted:
Fundamentals tell you what 'should' be happening...technicals tell you what 'is' happening!


Technicals show you what's happening, fundamentals tell you why it's happening


Then that defeats the purpose of Fundamental analysis because all you end up doing is following the crowd 'after' the fact, rather than gaining some insight as to what might happen 'before' the fact. I don't need to know 'why' prices are rising in order to profit from a long position, but it would be very handy to know in advance. In its purest form, Fundamental analysis seeks to determine fair pricing given a set of influencing factors, i.e. wages growth, retail sales, inflation, and interest rates, which can be used to form a price model. If today's price is $1.00 and the Fundamentals say it should be $1.45, then I'm looking for a long position and I'll use Technical analysis to achieve that aim.

garjus
Sep 23 2015 at 20:46
32 Posts
ForexAssistant posted:
'Fundamentals tell you what 'should' be happening..
technicals tell you what 'is' happening!

And systemic (mathematical) is how you trade when you want to stop guessing.




Who's guessing, Bob?

Bob LLewellyn (ForexAssistant)
Sep 24 2015 at 05:02
465 Posts
No one really know if the price is going to go up or down, or how far it will go before it reverses. No matter what indicators say or news release one hears, you are guessing that you will be right. Playing the odds so to speak. However, the split grid took over 3000 trades with no losses, except one for 8 cents when the power went out. No guesswork with that kind of a system, of course it only makes about 10% a year but families wanting to retire would like a rather steady 10% as long as it is fully automated. Traders want more so the split grid is usually overlooked by active traders. Well, you know, to each their own.

where research touches lives.
garjus
Sep 24 2015 at 09:01
32 Posts
ForexAssistant posted:
No one really know if the price is going to go up or down, or how far it will go before it reverses. No matter what indicators say or news release one hears, you are guessing that you will be right. Playing the odds so to speak. However, the split grid took over 3000 trades with no losses, except one for 8 cents when the power went out. No guesswork with that kind of a system, of course it only makes about 10% a year but families wanting to retire would like a rather steady 10% as long as it is fully automated. Traders want more so the split grid is usually overlooked by active traders. Well, you know, to each their own.


It can only ever be a probability, Bob, whether you apply Technicals, Fundamentals, a mathematical grid, or some combination of all methods.

FXtrader2010
Sep 26 2015 at 04:45
724 Posts
THE ONLY WAY. IS EXPERIENCE. NOTHING ELSE.

molyang
Sep 26 2015 at 15:46
13 Posts
Fail fail fail until you succeed :) Just trade!

Bitte melden Sie sich an, um zu kommentieren.