A Rookie
forex_trader_723357
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May 16, 2019 at 06:31
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
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May 27, 2019 at 11:53
have you tried youtube? i dont know much about elliott wave but i find a lot of good videos on there about other stuff, i guess practice is key to getting it right.
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May 28, 2019 at 11:50
right, youtube is the best way to learn, you get visual examples of the strategy and how it works,
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May 29, 2019 at 05:51
I have watched so many youtube video and read so much over 5 years and still I don't really have a firm strategy that works. I do not know if I every will (or anyone else really has a winning strategy)
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Jun 02, 2019 at 07:27
DeutschDom posted:
I have watched so many youtube video and read so much over 5 years and still I don't really have a firm strategy that works. I do not know if I every will (or anyone else really has a winning strategy)
before wasting 5 more years, try to get yourself into fundamental analysis, few months and your results will improve a lot
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213 ieraksti
Jun 02, 2019 at 14:08
Elliott Waves are an advanced topic and not where a beginner trader should be starting. I advice you do as Gabor says above...
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Jul 12, 2019 at 12:47
A trader can either follow the footsteps of successful traders who are developing their own trading strategies or he can try to develop some trading approaches for him as per his knowledge and expertise level. Usually if you are a beginner, then pro traders suggest that try something completely new can be risky. Rather it can be better to acquire basic understanding with the adoption of established trading strategy here.
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Jul 16, 2019 at 10:37
Most youtube videos are secretly trying to sell you some scam. I wouldn't trust anything that they say. Go find a proper trading course not some joker who claims to know what they are talking about
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Jul 28, 2019 at 22:09
Amirzayyani posted:Hi,
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
If you wanna develop a good strategy, begin with knowing which are the best currencies ( Fundamentals ) to trade on any given day or session. The technicals are just for entering and exiting the market. If you know the reason behind the move on any pair, you get the conviction to buy or sell any pair with a high rate of success!
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Oct 31, 2019 at 15:43
Jedimaster1 posted:Amirzayyani posted:Hi,
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
If you wanna develop a good strategy, begin with knowing which are the best currencies ( Fundamentals ) to trade on any given day or session. The technicals are just for entering and exiting the market. If you know the reason behind the move on any pair, you get the conviction to buy or sell any pair with a high rate of success!
It takes such a long time to build a good trading strategy! In my trading, I don’t use any indicator based trading style! I am dealing with Price Action trading.
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57 ieraksti
Nov 10, 2019 at 20:54
There are lots of good articles on youtube. I would also recommend Babypips to new traders. Also make sure that you test new strategies etc on demo.
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26 ieraksti
Nov 13, 2019 at 07:54
steveday1976 posted:
There are lots of good articles on youtube. I would also recommend Babypips to new traders. Also make sure that you test new strategies etc on demo.
I wouldn't strongly recommend YouTube videos because they are too biased sometimes and some information just fall flats. But I am sure there are other good one out there.
And yes, babypips School is really a good place to start with.
Also, if it helps, keep a journal with you every time you try to trade, whether it is in a demo or real account.
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Nov 25, 2019 at 03:43
i was actually looking for some good youtube channels. will check the ones listed here. thanks.
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Jan 14, 2020 at 16:14
for newcomers live account can be a dangerous decision,
because they cant control emotions when trading.
because they cant control emotions when trading.
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Jan 23, 2020 at 09:43
the result of any kind trading strategy depends on your money management, if not there is no real chance to bring good result by using any good strategy.
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11 ieraksti
Jan 24, 2020 at 13:51
You can get good results with good strategy even if bad money management but not the other way round
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213 ieraksti
Jan 26, 2020 at 16:12
Without good money management you will be doomed to failure
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10 ieraksti
Feb 14, 2020 at 09:58
This resource contains a lot of useful information, but not everyone can use it correctly.
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39 ieraksti
Mar 03, 2020 at 06:30
Treeny posted:Exactly many traders tend to neglect the significance of money management which results in a total wipeout of their trading account sooner or later.
Without good money management you will be doomed to failure
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33 ieraksti
Mar 03, 2020 at 07:32
Mohammadi posted:
for newcomers live account can be a dangerous decision,
because they cant control emotions when trading.
Yeah that's the most challenging thing for them. And if someone is able to control his emotions at an early stage, then he must not worry about his future as a trader.
