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Pro traders need your adivice
Miembro desde Jul 20, 2020
posts 298
Miembro desde Oct 27, 2020
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Miembro desde Jul 23, 2020
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Miembro desde Jul 14, 2020
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Mar 02, 2021 at 09:25
Miembro desde Jul 14, 2020
posts 42
deckwisp posted:That is how it mostly is, but if you keep working hard and use effective risk or money management, you’ll be fine. What platforms are you using now?
It is not at all easy to make consistent profits in forex. I mean I haven’t had the chance to so I can say that.
Mar 02, 2021 at 12:58
Miembro desde Nov 30, 2020
posts 25
philipsimmions posted:I have been looking for a broker change these days. I was making a list and analysing some broker conditions. So far I’ve landed on Exness and Fxview. Heard a lot about them.deckwisp posted:That is how it mostly is, but if you keep working hard and use effective risk or money management, you’ll be fine. What platforms are you using now?
It is not at all easy to make consistent profits in forex. I mean I haven’t had the chance to so I can say that.
Miembro desde Jul 23, 2020
posts 759
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Miembro desde Jun 29, 2020
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Mar 05, 2021 at 10:11
Miembro desde Jun 29, 2020
posts 26
LyudmilLukanov posted:Ok so here’s a catch. Everyone says that the risk-reward should be 1:2 but how many of you know it's mere bluff? If you ask me, the risk-reward ratio on its own is completely meaningless.
Don’t risk too much for small gain. Set your risk reward ratio effective.
Miembro desde Dec 24, 2020
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Miembro desde Jun 29, 2020
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Mar 06, 2021 at 10:02
Miembro desde Jun 29, 2020
posts 26
leecopp posted:I don’t know whether you’ve got this reply earlier too but I use Fibonacci extension. It’s quite useful for a healthy or weak trend and exciting to be able to predict how high the price will go and thereon exit the trade before it retraces. Suggestion here- the Fibonacci extension tool doesn’t necessarily come with 127 and 138 levels. Turnkey forex and oanda offer this setting but I had to tweak it when trading with pepperstone. So, keep your eyes open.
I’ve been asking this question a lot at different portals too but haven’t got any satisfactory answer. Hoping to get one here. So, how do I set my target reward?

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