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a good trading strategy
Biedrs kopš
17 ieraksti
Dec 28, 2020 at 11:41
If you want to make it a success in forex the you need to come up with a trading strategy that works. Coming up with one is easy but coming up with none that actually yields results is the difficult part. You need a lot of knowledge to come up with the best strategy. Do not just copy.
Biedrs kopš
283 ieraksti
Dec 28, 2020 at 19:15
Making money from this market mainly depends on your broker. If your broker is reliable, regulated and good service provider, you can easily make money from this market.
Biedrs kopš
89 ieraksti
Jan 04, 2021 at 21:21
Each Forex trading strategy implies a number of security rules that it makes sense to adhere to to achieve greater productivity and reduce the risk of serious drawdowns on the deposit.
Biedrs kopš
140 ieraksti
Jan 06, 2021 at 08:12
thats true but in my case i believe the 1 min charts are more helpful and it can give decent profit and loss
Biedrs kopš
16 ieraksti
Jan 19, 2021 at 08:52
It is not at all easy to establish a strategy that will bring about profits. There is no such guarantee. Every trader has to work for it.
Biedrs kopš
16 ieraksti
Jan 21, 2021 at 05:25
Roberto21 posted:
Due to small balance I always have to depend on scalping that brings profit in a short time. But it causes a great loss sometimes, because within short it’s really difficult to predict the market with certainly. So I think long term trading is too much safe and sounds.
I think if you have a small balance you can use the micro accounts until you dont perfect scalping. There are many scalpers which are using their own scalping strategies using automated trading scripts per day to rapidly trade the securities.
Biedrs kopš
875 ieraksti
Jan 21, 2021 at 11:06
beginners have no patience , its very common issue , for that reason i think its too much . i prefer demo besides studying with baby pips school.
keeping patience.......
Biedrs kopš
875 ieraksti
Jan 21, 2021 at 11:07
beginners have no patience , its very common issue , for that reason i think its too much . i prefer demo besides studying with baby pips school.
keeping patience.......
Biedrs kopš
32 ieraksti
Jan 21, 2021 at 12:36
Christopher332 posted:Roberto21 posted:
Due to small balance I always have to depend on scalping that brings profit in a short time. But it causes a great loss sometimes, because within short it’s really difficult to predict the market with certainly. So I think long term trading is too much safe and sounds.
I think if you have a small balance you can use the micro accounts until you dont perfect scalping. There are many scalpers which are using their own scalping strategies using automated trading scripts per day to rapidly trade the securities.
I am not a huge fan of automated trading because if due to some factor markets go in different directions than we predicted, we have no time to stop the trade. I like the MT4 platform for its interface and I also started with very small capital. At that time I think I started with only 50 dollars using Fxview broker and only earned 1 or 2 dollars per trade. So investing and reinvesting the profits then flew me to indices using XTB but I am still scalping in the markets. There are a lot of strategies that involve use of indicators which you can learn for scalping like Parabolic SAR indicator or the RSI, which is also a good method to calculate for scalping.
Biedrs kopš
16 ieraksti
Jan 25, 2021 at 05:34
Don’t be afraid of the big names; believe me the underlying concept of the strategies is very easy. The stochastic oscillator is one such strategy which will help you a lot in scalping (it is what I believe). I used it a lot with Fxview on which I was using the MT5 trading platform. Then this oscillator graph will spot the trends on the three minute timeframe in the moving market. The highs in the market is your entry point and the lows is the exit point. In the downward trending market the reverse of this strategy is true. Read more about this strategy and then use multiple low cost brokers like fxtm to diversify.
Biedrs kopš
79 ieraksti
Jan 25, 2021 at 06:34
Using a small amount for trading is the right decision, because we don't have enough practice at the initial stage. And in principle, in the future, I always use the 1: 1000 leverage offered by the Amarkets broker.
Biedrs kopš
140 ieraksti
Jan 25, 2021 at 09:48
follow what your heart says
Biedrs kopš
32 ieraksti
Jan 25, 2021 at 11:40
Christopher332 posted:
Don’t be afraid of the big names; believe me the underlying concept of the strategies is very easy. The stochastic oscillator is one such strategy which will help you a lot in scalping (it is what I believe). I used it a lot with Fxview on which I was using the MT5 trading platform. Then this oscillator graph will spot the trends on the three minute timeframe in the moving market. The highs in the market is your entry point and the lows is the exit point. In the downward trending market the reverse of this strategy is true. Read more about this strategy and then use multiple low cost brokers like fxtm to diversify.
Diversification is certainly required in trading to be safe.
Biedrs kopš
742 ieraksti
Jan 27, 2021 at 00:10
If the strategy is not right, it is not possible to make a profit by trading. As a trader I always try to develop strategy.
Biedrs kopš
76 ieraksti
Jan 27, 2021 at 13:58
A lot depends on the strategy, so you need to work on it very well if you want to get a good result.
Biedrs kopš
126 ieraksti
Jan 28, 2021 at 16:04
I would say mere strategy will not help. I agree with part of the strategy but you must have the knowledge of what is going around the globe as forex is very volatile and reflects upon the market sentiments and news related to it.
Biedrs kopš
50 ieraksti
Jan 28, 2021 at 19:08
Depends on your style etc but I like scalping, quick short profits
Biedrs kopš
63 ieraksti
Feb 01, 2021 at 07:11
Indeed, trading a scalping strategy is very profitable in terms of the fact that everything happens quickly enough and profits are obtained quickly, especially if you are trading with reliable and safe brokers, such as Amarkets.
Biedrs kopš
659 ieraksti
Feb 01, 2021 at 13:47
I don’t see any good trader in PAMM, yes tons of fake results are available in there! But, it’s really tough to get a good performer in a long run.
Biedrs kopš
115 ieraksti
Feb 17, 2021 at 07:33
Having developed and tested a strategy on a demo account, give some time about yourself, oh, to see its effectiveness on a real account.
