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Discipline is the most basic thing

By UweMoench Oct 28, 2020 at 12:51

Yes, discipline is the most basic thing to consider when you are in forex trading. It’s important to be able to stick to a trading plan and that needs discipline.

29 Replies 1,988 Skatījumi

Pēdējais ieraksts no Tradextol Oct 16, 2021 at 08:07

Volume

By Keldrilh Oct 15, 2021 at 18:49

Hello,I have a question.In MT4 in the history center there is the column volume, last one on the right.The data in the screenshot are those of IC Markets broker 1 minute candles on USTEC.How to read that volume number?I mean, for example, in the first lines it says 28.Is that 28 lots? 28.000 lots? 28 millions lots? 28 million euro?If anybody knows ...

0 Replies 196 Skatījumi

Pēdējais ieraksts no Keldrilh Oct 15, 2021 at 18:49

Traders view

By snapdragon1970 Sep 19, 2021 at 18:10

The quality and profitability of trading really directly depends on your preparedness.

10 Replies 868 Skatījumi

Pēdējais ieraksts no Malajind Oct 12, 2021 at 07:13

Can someone explain Z-score to me....

By forexproptrader Dec 23, 2011 at 16:10

Working method. A bit complicated in my opinion. But working is the main thing.

8 Replies 3,916 Skatījumi

Pēdējais ieraksts no Fredriksen Oct 07, 2021 at 18:27

Market Update 12/7/21

By ACYWillllllll Jul 12, 2021 at 00:55

I like these kinds of reviews because they give you a basic reference point - that's really important.

1 Replies 501 Skatījumi

Pēdējais ieraksts no Tiafang Oct 07, 2021 at 16:43

RICE trading candlestick basic indicator for Forex trading?

By for_xlive Oct 07, 2021 at 05:16

What causes more forex traders to go bankrupt? The reason is that the most basic thing is the candlestick indicator which was originally not for forex trading, but for trading RICE 😁😁😁 Rice trading is of course very different from forex trading. Rice prices DO NOT have a correlation price formula, but forex prices MUST move ...

0 Replies 458 Skatījumi

Pēdējais ieraksts no for_xlive Oct 07, 2021 at 05:16

modern economy crumble. what will happen next?

By Alexander14111 May 25, 2020 at 11:26

That is an arguable thing because there are no people who can see the future. Everything might happen and it is impossible to prepare for it, I am talking about the black swans. They are game changers and affect the situation dramatically. So, my position is that it is early to say about crisis in such a situation when a single event can lead to di...

39 Replies 2,804 Skatījumi

Pēdējais ieraksts no Pengus Oct 05, 2021 at 20:05

Palm Oil Prices Hit Record High

By mdsh7864 Oct 05, 2021 at 12:54

Malaysian palm oil futures continued to rise and hit a record high of MYR 4,742 per tonne in October, after gaining 8% in September, amid tight supply and prospects of strong demand. Palm oil inventories in Malaysia are seen falling in September from a 14-month peak in August, due to rising exports mainly to India ahead of the festival season. At t...

0 Replies 576 Skatījumi

Pēdējais ieraksts no mdsh7864 Oct 05, 2021 at 12:54

Marginal trade

By Marinajett Oct 05, 2021 at 08:46

📊💸Margin trade Margin trading is the execution of transactions on the exchange using leverage. It represents the conclusion of transactions using borrowed funds issued against the security of a certain amount-margin 📌The leverage itself ("leverage") is a service from a broker, which is a loan provided to a trader to conclude a transac...

0 Replies 251 Skatījumi

Pēdējais ieraksts no Marinajett Oct 05, 2021 at 08:46

Forex is good in terms of return

By UweMoench Dec 31, 2020 at 13:19

@karenpeters Yes you are right. Good strategy, risk management and a solid trading psychology is very much needed for success in forex trading.

29 Replies 1,874 Skatījumi

Pēdējais ieraksts no AliaDare Oct 01, 2021 at 13:06

Market updates 7th July 2021

By ACYWillllllll Jul 07, 2021 at 00:18

for sure the swings are a lot more volatile that is also due to the lower amount of liquidity so there isnt much resistance either way. This week has been much more liquid so interesting to see how NFP reacts this month

4 Replies 545 Skatījumi

Pēdējais ieraksts no CraigMcG2020 Oct 01, 2021 at 06:51

There is no secret holi-grail

By Michihito Oct 04, 2020 at 11:32

There are still a lot of people who believe that you can make a lot of money here without any effort.That is a lie. It even annoys me.

13 Replies 955 Skatījumi

Pēdējais ieraksts no Maveswyn Sep 30, 2021 at 18:40

Ideal place for trading

By UweMoench Nov 25, 2020 at 12:18

I totally agree with the idea that place matters. However, it is not only about trading but about any kind of activity. Working place should inspire you and make you concentrate on your work. More than that, your working spot shouldn't discourage you from working, on the contrary, it should be a place where you want to return, a place of compfo...

22 Replies 1,558 Skatījumi

Pēdējais ieraksts no Andromaris Sep 30, 2021 at 16:51

Over-trading is a very harmful

By UweMoench Feb 02, 2021 at 11:05

Automation of trading and scheduling of trading sessions excludes the possibility of overload. If you trade during a trading session that starts at night, then you will have to use a EA to sleep on time, or change your working day. Overtrading is profitable if you practice such a brainstorm periodically, during key market events. But don't do t...

44 Replies 2,929 Skatījumi

Pēdējais ieraksts no Siomo Sep 28, 2021 at 11:14

Profit target?

By Michihito Dec 23, 2020 at 12:18

Profit targets are quite subjective and depend on your trading strategy. I mean that scalpers can use very low profit targets like several pips, but I don't see fit in trading with so little profits. Swing traders' targets are bigger and I think that profit objectives should be connected to support and resistance levels.

33 Replies 1,857 Skatījumi

Pēdējais ieraksts no Fenritaxe Sep 27, 2021 at 20:27

Trading time is very important

By UweMoench Oct 16, 2020 at 12:55

Currency trading is unique because of its hours of operation. The best time to trade is when the market is most active. When more than one of the four markets are open simultaneously, there will be a heightened trading atmosphere, which means there will be more significant fluctuation in currency pairs.

34 Replies 2,249 Skatījumi

Pēdējais ieraksts no AliForexTalks Sep 25, 2021 at 17:30

What is your favorite leverage?

By stevenflam Nov 05, 2020 at 12:34

It is agreed that 1:100 to 1:200 is the best forex leverage ratio. A leverage of 1:100 means that with $500 in the account, the trader has $50,000 of credit funds provided by the broker to open trades. So 1:100 leverage is the best leverage to be used in forex trading.

40 Replies 2,664 Skatījumi

Pēdējais ieraksts no AliForexTalks Sep 25, 2021 at 17:15

Common mistakes

By UweMoench Dec 30, 2020 at 12:45

These are the best forex trading tips and skills every forex trader needs to be aware of:1. Be clear about your goals2. Plan ahead3. Leverage day trading4. Select the appropriate trading platform5. Study the market6. Know about market correlations7. Entry and exit8. Rely on facts and not emotions.9. Choose the right forex forum

70 Replies 4,194 Skatījumi

Pēdējais ieraksts no mdsh7864 Sep 22, 2021 at 18:23

Forex is Hobby ?

By Admoni Sep 14, 2017 at 14:18

@skihav but one wouldn't play with their money in the name of a hobby. What I think is that people who fail to earn profits and lose most of their money are forced by guilt to call forex their hobby, so that people don't judge them by their loses

215 Replies 9,999 Skatījumi

Pēdējais ieraksts no mattieharper Sep 08, 2021 at 07:55

Professional trading tips for beginners

By forex_trader_1786937 Oct 02, 2020 at 16:46

You made a few good points, although I’d also point out the need to avoid scams and to practice proper risk management.

33 Replies 2,472 Skatījumi

Pēdējais ieraksts no HeavLeighGill26 Sep 08, 2021 at 02:04

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