Yijun posted:
Babypips is a great place to start. Lots of beginner information. Not so good for advanced strategies but if you are total newbie then it is great resource
Yes, I see their beginner’s school is very much useful & the main point is; it’s open to all without any fee. On the other hand, new traders can add any question based on their course on the forum.
when you have to be experienced about money management then you can consider trading as an easy issue , otherwise no way , every faction is uncertain in Forex trading , without money management no way to survive in here at all.
i always prefer weekly trading target , monthly target is a long time approach and we cant keep our patience properly.
Imamul posted:
i always prefer weekly trading target , monthly target is a long time approach and we cant keep our patience properly.
i agree, i too keep weekly targets, but on the side i do keep a track for the whole month compare with the previous month.
Adribaasmet
Aug 27, 2017 부터 멤버
게시물994
May 22 2019 at 12:11
millerwe posted:Imamul posted:
i always prefer weekly trading target , monthly target is a long time approach and we cant keep our patience properly.
i agree, i too keep weekly targets, but on the side i do keep a track for the whole month compare with the previous month.
I don’t think; we should take seriously that much the weekly and others target since, it’s a decentralized market! Maybe having a weekly target is useful in some cases!
Trading is an active style of participating in the financial markets that seeks to outperform traditional buy-and-hold investing. Rather than trying to profit from long-term uptrends in the markets, traders look for short-term price moves to profit in both rising and falling markets.
Alexsajed posted:
Trading is an active style of participating in the financial markets that seeks to outperform traditional buy-and-hold investing. Rather than trying to profit from long-term uptrends in the markets, traders look for short-term price moves to profit in both rising and falling markets.
Yes, you are talking about the short term traders! But till now long-term trading is my 1st choice! My concern is quality rather than the amount of trade’s number!
MaximePips
May 28, 2019 부터 멤버
게시물9
May 28 2019 at 11:30
Long term trading is much easier than short term. Just check a strategy on daily versus 5 minute chart. So many set ups fail on 5 minute that work on daily
MaximePips posted:
Long term trading is much easier than short term. Just check a strategy on daily versus 5 minute chart. So many set ups fail on 5 minute that work on daily
Yes it is! Long-term trading is much easily, but we have to make sure good entry points than; because the SL size is relatively wider than the short-term trading in the long-term.
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Adribaasmet
Aug 27, 2017 부터 멤버
게시물994
Jun 25 2019 at 05:34
Imamul posted:
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
I agree with you; learning is a complicated way in Forex since; there is no specific way of trading; the market is decentralized as well as the learning path.
Before large investments we generally open a demo account in a broker to see the performance how it works. But I have seen, after large investments brokers attitude changes sometimes that is not available in micro accounts.
Before large investments we generally open a demo account in a broker to see the performance how it works. But I have seen, after large investments brokers attitude changes sometimes that is not available in micro accounts.
fx trading is hard. most people advocate a simple approach such as moving averages and such. thats a bit of a trap. complex problems rarely have simple solutions. all you can do is try this and that and keep what works and throw out the rest.
newcomers should learn Forex trading step by step , otherwise any valuable learning approach can be useless , advanced level is long far.
Imamul posted:
newcomers should learn Forex trading step by step , otherwise any valuable learning approach can be useless , advanced level is long far.
Yes & it’s a slow process since new traders need to gather so much info’s! So, there is no way of rushing!
in fx all currencies in Forex trading are good, just we have to experience with them by trading . We can trade all major currency in our demo account. Because we can see here the pairs performance how it works.
Imamul posted:
in fx all currencies in Forex trading are good, just we have to experience with them by trading . We can trade all major currency in our demo account. Because we can see here the pairs performance how it works.
That’s the strategy; by the way, I am not interested in exotic trading pairs because of the high trading spreads issue; besides the trading environment is much different!