Tools to trade.

when trade in practical mistake of course will happen , no way to avoid it. but if we do same mistake again and again there is no way to come out loss project , second mistake always our own choice.

Best way to avoid is to use a Forex robot. it will not make mistake

you would be joking of course pullpotential

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.

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.

i always prefer weekly trading target ,
monthly target is a long time approach

and we cant keep our patience properly. 

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.

I agree with you. I think your trading performance depends on the quality of broker you use. So that decision has to be made wisely.

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.

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.  

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.

AmDiab posted:

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.

It’s not easy to acquire this quality! But no doubt, such an incredible quality; the main advantage of price action trading is; it works in all kind of trading instruments!

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

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

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 :)

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.

for good trading learning is not everything , i
ts all about practicing. so emphasis on practicing besides learning.

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!

You only need the charts