A Rookie
forex_trader_723357
Mitglied seit May 13, 2019
1 Posts
May 16, 2019 at 06:31
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
Mitglied seit May 22, 2019
11 Posts
May 29, 2019 at 05:51
I have watched so many youtube video and read so much over 5 years and still I don't really have a firm strategy that works. I do not know if I every will (or anyone else really has a winning strategy)
Jun 02, 2019 at 07:27
DeutschDom posted:
I have watched so many youtube video and read so much over 5 years and still I don't really have a firm strategy that works. I do not know if I every will (or anyone else really has a winning strategy)
before wasting 5 more years, try to get yourself into fundamental analysis, few months and your results will improve a lot
Jul 12, 2019 at 12:47
A trader can either follow the footsteps of successful traders who are developing their own trading strategies or he can try to develop some trading approaches for him as per his knowledge and expertise level. Usually if you are a beginner, then pro traders suggest that try something completely new can be risky. Rather it can be better to acquire basic understanding with the adoption of established trading strategy here.
Mitglied seit Jul 16, 2019
10 Posts
Jul 16, 2019 at 10:37
Most youtube videos are secretly trying to sell you some scam. I wouldn't trust anything that they say. Go find a proper trading course not some joker who claims to know what they are talking about
Mitglied seit Jul 03, 2015
10 Posts
Jul 28, 2019 at 22:09
Amirzayyani posted:Hi,
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
If you wanna develop a good strategy, begin with knowing which are the best currencies ( Fundamentals ) to trade on any given day or session. The technicals are just for entering and exiting the market. If you know the reason behind the move on any pair, you get the conviction to buy or sell any pair with a high rate of success!
Mitglied seit Aug 27, 2017
994 Posts
Oct 31, 2019 at 15:43
Jedimaster1 posted:Amirzayyani posted:Hi,
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
If you wanna develop a good strategy, begin with knowing which are the best currencies ( Fundamentals ) to trade on any given day or session. The technicals are just for entering and exiting the market. If you know the reason behind the move on any pair, you get the conviction to buy or sell any pair with a high rate of success!
It takes such a long time to build a good trading strategy! In my trading, I don’t use any indicator based trading style! I am dealing with Price Action trading.
Mitglied seit Mar 03, 2019
57 Posts
Nov 10, 2019 at 20:54
There are lots of good articles on youtube. I would also recommend Babypips to new traders. Also make sure that you test new strategies etc on demo.
Nov 13, 2019 at 07:54
steveday1976 posted:
There are lots of good articles on youtube. I would also recommend Babypips to new traders. Also make sure that you test new strategies etc on demo.
I wouldn't strongly recommend YouTube videos because they are too biased sometimes and some information just fall flats. But I am sure there are other good one out there.
And yes, babypips School is really a good place to start with.
Also, if it helps, keep a journal with you every time you try to trade, whether it is in a demo or real account.
Mitglied seit Aug 29, 2019
11 Posts
Jan 24, 2020 at 13:51
You can get good results with good strategy even if bad money management but not the other way round
Mitglied seit Feb 14, 2020
10 Posts
Feb 14, 2020 at 09:58
This resource contains a lot of useful information, but not everyone can use it correctly.
Mar 03, 2020 at 07:32
Mohammadi posted:
for newcomers live account can be a dangerous decision,
because they cant control emotions when trading.
Yeah that's the most challenging thing for them. And if someone is able to control his emotions at an early stage, then he must not worry about his future as a trader.
