Tools to trade.

Sep 15, 2019 at 08:17
Vues 3,151
61 Replies
Membre depuis Sep 06, 2019   posts 11
Nov 04, 2019 at 18:08
Best way to avoid is to use a Forex robot. it will not make mistake
Membre depuis Oct 26, 2013   posts 2
Nov 04, 2019 at 23:08
you would be joking of course pullpotential
wealth is important but health is more important
Membre depuis Feb 22, 2011   posts 4862
Nov 05, 2019 at 09:06
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.
Membre depuis Aug 11, 2017   posts 886
Nov 05, 2019 at 09:27
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.
Membre depuis Aug 11, 2017   posts 886
Nov 13, 2019 at 06:37
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.
Membre depuis Aug 09, 2017   posts 785
Nov 20, 2019 at 03:37
best tool initial capital in Fx. according to me, its much important , any smart initial amount can make you more confident when trading in practical. so we cant avoid the importance of this at all.
Membre depuis Apr 18, 2017   posts 718
Nov 29, 2019 at 09:17
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.
Membre depuis Sep 26, 2019   posts 11
Dec 13, 2019 at 11:54
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
Membre depuis Feb 22, 2011   posts 4862
Dec 13, 2019 at 12:11
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 :)
Membre depuis May 16, 2019   posts 29
Dec 14, 2019 at 16:07
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.
Membre depuis Aug 27, 2017   posts 994
Dec 29, 2019 at 13:27
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!
Membre depuis Aug 11, 2017   posts 886
Apr 16, 2020 at 06:57
demo is the best place to see leverage performance , before live traders should use high leverage in demo., it always supportive to avoid risk when live.
Membre depuis Aug 11, 2017   posts 886
Apr 21, 2020 at 14:45
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.  
Membre depuis Aug 09, 2017   posts 785
Apr 26, 2020 at 18:55
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!
Membre depuis Feb 13, 2017   posts 251
Apr 26, 2020 at 22:57
Your eyes your best trading tools
Membre depuis Aug 11, 2017   posts 886
May 05, 2020 at 09:39
demo is the best place to see leverage performance , before live traders should use high leverage in demo., it always supportive to avoid risk when live.
Membre depuis Aug 11, 2017   posts 886
May 07, 2020 at 08:38
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.
Membre depuis Feb 18, 2020   posts 19
May 13, 2020 at 17:33
the best tools is your brain and experience. the big amount of 'ammunition' and 'weapon' can make you slow and ineffective.
don't chase tools - chase knowledge and experience
Membre depuis Mar 02, 2020   posts 14
May 14, 2020 at 13:28
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?
Membre depuis Mar 03, 2020   posts 12
May 16, 2020 at 00:07
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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