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Learing
Jan 07, 2023 at 14:09
Miembro desde Dec 17, 2018
posts 3
When you say 'Learn Forex', does that mean you already know how to trade and you want to apply it to Forex? Do you have a basic-advanced knowledge of charting?
I spent 5 years learning how to chart, figure out my strategy, incorporate my strategy and act on trades. I am just now profitable! Much like any other skill, you have to practice.
It took me the same amount of time to become somewhat proficient at Texas Hold'em and down here in Texas, we say 'you gotta pay to learn!'
I spent 5 years learning how to chart, figure out my strategy, incorporate my strategy and act on trades. I am just now profitable! Much like any other skill, you have to practice.
It took me the same amount of time to become somewhat proficient at Texas Hold'em and down here in Texas, we say 'you gotta pay to learn!'
Rules are Rules!
Jan 08, 2023 at 14:57
Miembro desde Dec 31, 2022
posts 8
Hitch33 posted:
When you say 'Learn Forex', does that mean you already know how to trade and you want to apply it to Forex? Do you have a basic-advanced knowledge of charting?
I spent 5 years learning how to chart, figure out my strategy, incorporate my strategy and act on trades. I am just now profitable! Much like any other skill, you have to practice.
It took me the same amount of time to become somewhat proficient at Texas Hold'em and down here in Texas, we say 'you gotta pay to learn!'
I have experience in Stock market not in Forex That is other thing that I'm not profitable but I really want to learn it with my whole heart
Currently I'm trading with demo money. In which I'm quite Profitable Allhamdulliah but I'm not sure will that Consistency be in real account or not
And one more question Can we completely trade on news basis. If yes Which and Where can I get Real and Accurate news
I will be very thankful if you could help me
Jan 08, 2023 at 17:33
Miembro desde Dec 17, 2018
posts 3
I personally can't speak to trading the news, as I don't use it (news just makes me jumpy and causes me to doubt my technicals.. I find that 'news' is generated after the move). I personally trade a technical setup that I've learned to incorporate with trailing technicals to manage risk.
My path -
Learned how to understand and use charts/candles/support & resistance, trend trading, etc.
traded like a moron for several years before finding a technical setup that worked for me.
I am currently 'perfecting' entry, exit, risk management (trade size, stop losses), profit taking.
Because I don't know how much you know, I'd say start here: https://www.babypips.com/learn
If you have specific chart questions, send me a message and I will invite you to my discord and I can try to help.
I am an amateur compared to smart, disciplined profitable traders, so I very rarely give trade advice. (blind leading the blind).
Lastly, I have tried it all.. bought signals, copied trades, you name it.. all unsuccessfully. I only became profitable when I dialed in my trades and studied the market I want to trade (mostly USD/JPY and EUR/USD).
You set up your trade, manage risk with SL's and everything else is in God's hands.. Insha'Allah my friend.
My path -
Learned how to understand and use charts/candles/support & resistance, trend trading, etc.
traded like a moron for several years before finding a technical setup that worked for me.
I am currently 'perfecting' entry, exit, risk management (trade size, stop losses), profit taking.
Because I don't know how much you know, I'd say start here: https://www.babypips.com/learn
If you have specific chart questions, send me a message and I will invite you to my discord and I can try to help.
I am an amateur compared to smart, disciplined profitable traders, so I very rarely give trade advice. (blind leading the blind).
Lastly, I have tried it all.. bought signals, copied trades, you name it.. all unsuccessfully. I only became profitable when I dialed in my trades and studied the market I want to trade (mostly USD/JPY and EUR/USD).
You set up your trade, manage risk with SL's and everything else is in God's hands.. Insha'Allah my friend.
Rules are Rules!
Jan 09, 2023 at 07:24
Miembro desde Dec 28, 2013
posts 171
What is the added value for trading forex? I really don't see any after years of trying of becoming profitable. Either one has to be skilled in programming experts advisors, or one has to trade in really long time frames. I'd rather try something else than forex. Just my 2 cents..
Miembro desde Aug 17, 2022
posts 80
Jan 09, 2023 at 11:30
Miembro desde Aug 17, 2022
posts 80
Imhassan posted:You can study from trading books based upon your level of preference also podcasts are a great help.
Which is the best place to learn Forex
Because at youtube is full with fake teachings and showing the wrong way to beginers
Jan 09, 2023 at 14:13
Miembro desde Dec 31, 2022
posts 8
Hitch33 posted:
I personally can't speak to trading the news, as I don't use it (news just makes me jumpy and causes me to doubt my technicals.. I find that 'news' is generated after the move). I personally trade a technical setup that I've learned to incorporate with trailing technicals to manage risk.
My path -
Le/arned /how to understand and use charts/candles/support & resistance, trend trading, etc.
traded like a moron for several years before finding a technical setup that worked for me.
I am currently 'perfecting' entry, exit, risk management (trade size, stop losses), profit taking.
Because I don't know how much you know, I'd say start here: https://www.babypips.com/learn
If you have specific chart questions, send me a message and I will invite you to my discord and I can try to help.
I am an amateur compared to smart, disciplined profitable traders, so I very rarely give trade advice. (blind leading the blind).
Lastly, I have tried it all.. bought signals, copied trades, you name it.. all unsuccessfully. I only became profitable when I dialed in my trades and studied the market I want to trade (mostly USD/JPY and EUR/USD).
You set up your trade, manage risk with SL's and everything else is in God's hands.. Insha'Allah my friend.
Thanks very much brother for all those valuable knowledge it would be pleasure joining your discord
Jan 12, 2023 at 15:51
Miembro desde Dec 17, 2018
posts 3
niceGLer posted:
What is the added value for trading forex? I really don't see any after years of trying of becoming profitable. Either one has to be skilled in programming experts advisors, or one has to trade in really long time frames. I'd rather try something else than forex. Just my 2 cents..
I don't think there is any particular 'added value'. Interestingly, I do trade long time frames on both Weekly and Daily charts. I believe my trading plan would work on most instruments, however, I have watched, charted and become familiar with Forex pairs over the last 8 years, so I feel like my advantage lies there.
Take care,
Hitch
Rules are Rules!
Miembro desde Mar 31, 2021
posts 229
Mar 01, 2023 at 12:47
Miembro desde Mar 31, 2021
posts 229
Learning is not possible without practice. YouTube videos are great, but do you test your knowledge on a demo account? Do you read forex books? Do you follow successful traders? What do you like about them? What would you like to repeat and adapt to your style?
Think thrice before opening an order
Miembro desde Mar 02, 2023
posts 11
Miembro desde Jun 23, 2018
posts 2
Miembro desde Mar 31, 2021
posts 229
Mar 14, 2023 at 21:12
Miembro desde Mar 24, 2020
posts 98
Books are good .they teach you HOW to trade ,
It is down to the individual to work out there own strategy //// edge to make them a profitable trader.
Any one can put a trade on , but where is your target - exit - stop loss.
If you donot have a plan-- Strategy.
I
It is down to the individual to work out there own strategy //// edge to make them a profitable trader.
Any one can put a trade on , but where is your target - exit - stop loss.
If you donot have a plan-- Strategy.
I
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