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Forex Courses
in
New Traders
Mar 11, 2019 at 07:33
It is good, incredible value when starting out.
New Forex Trader Here
in
New Traders
Mar 11, 2019 at 07:32
We will all make mistakes as we learn.Those that will be successful are the ones who will review their trades and learn from the mistake.
New Forex Trader Here
in
New Traders
Feb 28, 2019 at 06:53
have you checked out the Youtube series ? This 5 or maybe 6 hours of awesome content broken in to a 4 part series.
New Forex Trader Here
in
New Traders
Feb 24, 2019 at 08:12
That's a high price tag, all I can say is do your research, understand exactly what the value is being offered and only you can decide if it is right for you.Best of luck with your Forex trading, I hope you crack it :)
Forex Courses
in
New Traders
Feb 21, 2019 at 07:55
Totally understand where you are coming from there. I took a lot of good education from IML however, in hindsight was all out there for free lol.
Forex Courses
in
New Traders
Feb 17, 2019 at 07:36
I am making rewards now yes, but this took time to learn, and some mistakes along the way.I developed my trading style through a team of like minded traders. I believe the trading style is very effective, and there is no hype, plus support is invaluable. Do you know what trading style you want to use? How long have you been learning Forex?
scalping is risky ?
in
General
Feb 17, 2019 at 07:36
Trading can certainly be profitable, but it is not easy, and it takes experience and time to be consistent. I tried scalping but it wasn't for me and found my comfort zone on the 4hr charts mainly.Markets are unpredictable and there is never a guarantee a trade will go how you planned, but there are certainly patterns and chart areas that can be identified for higher probability trades. You must find a trading edge in whatever style you trade to be profitable.
How you find Reliable Forex Experts?
in
General
Feb 14, 2019 at 08:57
Good EAs are very hard to find as there are so many bad ones out there it creates a sense of mistrust in many of them.I use one EA, but this was not through websites etc, but recommendation of a person I trust. It is still imperative to do your own research, and after observing the product it gave me the trust to get involved.The USP for the EA was there is no upfront cost and it is performance based fee, which I had not come across before.There is no guarantees with any EA, and anyone who says otherwise should not be trusted.
Forex Courses
in
New Traders
Feb 14, 2019 at 08:56
Not for me personally.Plenty of great education for free/reasonably priced out there without spending huge amounts.I think people new to trading are easily attracted to these courses, on the hope it will cut a corner and make them profitable quickly, but unfortunately this often is not the case.Put the work in yourself and the rewards will be greater.
Emotion in Forex trading
in
General
Feb 14, 2019 at 08:51
Understanding mindset in trading was a break through for me.Learning the nuts and bolts I would say is the easier part, controlling your emotions and developing the mindset to apply what you know is the key to unlocking success.
New Forex Trader Here
in
New Traders
Feb 12, 2019 at 14:40
Learning forex can be very overwhelming, and despite the vast amount of education sources out there, I personally think as a complete newbie you should stick to one, and not try and jump into everything at once. Master and understand the basics is vital.There is a lot of hype out there, and it can be hard when first starting forex not to be pulled towards lots of different things and ultimately not get very far!
scalping is risky ?
in
General
Feb 12, 2019 at 11:14
All Forex trading is risky, whatever style you trade you must implement a sound trading plan with good risk management.Ultimately it will come down to your own preference and how risk averse you are, and what will suit your personalityThere are successful traders out there using all time frames and strategies, but risk is inevitable, and you decide what you are comfortable risking. Its your money at the end of the day nobody elses!
How long on a demo account
in
New Traders
Feb 12, 2019 at 11:14
I relate to this, great advice too about having a good teacher, was a key step forward ion my trading as well.
New Forex Trader Here
in
New Traders
Feb 12, 2019 at 11:12
Thanks for the welcome.Have you all been trading for long?
New Forex Trader Here
in
New Traders
Feb 11, 2019 at 06:49
I'm not new to myfxbook, but new to the forum community.... hi everyone :)
How long on a demo account
in
New Traders
Feb 11, 2019 at 06:48
I understand the argument for longer periods of demo, but personally a small live account was the best practice for me.I used a demo for a very brief amount of time, but it was not until I started a small live account that I felt I made any real progress. Not only in my trading strategy which comes with time and practice but the biggest benefits of trading real money is learning how to manage your emotions when trading and developing the correct mindset.
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