To use chat, please login.
Back to contacts

What is Forex Trader Basic Framework?

Aug 03, 2020 at 11:50
737 Views
18 Replies
Biedrs kopš   20 ieraksti
Aug 03, 2020 at 11:50
Hi Friends

Its my point views are focuses on one central concept within the strategy framework: trade with odds. To do so, over multiple periods, we must analyze a variety of techniques in deciding if a specific company should be taken. Nonetheless, keep in mind that this is not a mechanical/automatic trading system; rather, it is a system that gives you technical information and makes a decision. It is important to find circumstances in which all (or most) technical signals point in the same direction. In addition, these highly likely trade conditions would usually be favorable.

Thank you
Sep 30, 2020 at 02:17
There are many types of strategies available in the Forex market. The best of these strategies is technical analysis. If a trader can trade with a combination of fundamentals and technical, he will be satisfied with the trading profit. Profit depends on trading analysis. If the analysis is good, it will be easy to make a profit.
Biedrs kopš   102 ieraksti
Sep 30, 2020 at 08:04
Agreed, when you are trading with fundamental and technical analysis, you will be able to gather enough knowledge to make a potential profit but that is not guaranteed profit tho.
Biedrs kopš   231 ieraksti
Oct 01, 2020 at 01:09
I think if you are going to start Forex trading you must know how to trade and how to deal with different strategies to find a good and working strategy.
Biedrs kopš   341 ieraksti
Oct 05, 2020 at 12:03
A trader should focus on earning money from this market. For that, he has to make a good and profitable plan. A good plan can make him rich.
Biedrs kopš   47 ieraksti
Oct 26, 2020 at 06:49
While trading, make use of technical analysis and fundamental analysis to make profitable trades.
Nov 05, 2020 at 11:03
There are different strategies available in the market. You just have to find the best one as per your trading style.
Biedrs kopš   25 ieraksti
Nov 26, 2020 at 07:55
By using both technical analysis and fundamental analysis, you can obtain enough knowledge to make profits. However, it doesn’t guarantee to make profits.
Dec 02, 2020 at 09:24
There are plenty of strategies that you have for trading forex. Based on what you are comfortable with, choose a suitable strategy for you.
Dec 03, 2020 at 07:58
Because there are a number of trading strategies available, you can try out different ones to suit your needs.
Dec 04, 2020 at 15:13
Every trader should make a trading plan to minimize their risks and ensure consistent profit from this market.
Biedrs kopš   330 ieraksti
Mar 15, 2021 at 18:34
Fundamental analysis is not that simple. To be good at fundamental you need to know about related counties economy very well. You can't just focus a few aspect of economy. You need full knowledge. For that you need to study a lot.
Biedrs kopš   17 ieraksti
Mar 15, 2021 at 19:44
GeorgeBischof posted:
Every trader should make a trading plan to minimize their risks and ensure consistent profit from this market.
Trading can be easy but making profit is difficult. Very few people can make consistent profit. Making profit is easy for those who have enough knowledge, skills and experience. You have to give lot of time in learning.
Biedrs kopš   22 ieraksti
Mar 20, 2021 at 06:01
marnuslabushane posted:
For fundamental analysis, it’s important to know about all the social, economical and political factors which tends to affect the exchange rates of currencies in forex.
Fundamental and Technical analysis are both good before trading. But if you are very much into day trades, you will require more of the technical bit. You need bar charts man. I'd suggest Turnkey forex for MT5 and XM for 5. And take one or two fundamental factors into account as well. will help you in the long run
Biedrs kopš   330 ieraksti
Jul 27, 2021 at 10:13
Anoxiare posted:
Tremblay posted:
Fundamental analysis is not that simple. To be good at fundamental you need to know about related counties economy very well. You can't just focus a few aspect of economy. You need full knowledge. For that you need to study a lot.
I totally agree to this. One needs to be fully equipped with all the information regarding fundamentals. It is one of the basic and the most important things.
Thanx for agreeing with me.
Sep 03, 2021 at 16:56
Always manage risk. Don’t trade if you are not sure.
Biedrs kopš   477 ieraksti
Sep 05, 2021 at 14:54
Knowledge needs to be created to trade. This is the basic framework. It is very difficult to make a profit without knowledge.
Biedrs kopš   617 ieraksti
Sep 06, 2021 at 09:45
Getting knowledge and skills are the key. No one has even been successful without knowledge and skills. If by chance he wins a big profit, he will lose it later.
Biedrs kopš   70 ieraksti
Sep 06, 2021 at 19:56
tts_markets posted:
Hi Friends

Its my point views are focuses on one central concept within the strategy framework: trade with odds. To do so, over multiple periods, we must analyze a variety of techniques in deciding if a specific company should be taken. Nonetheless, keep in mind that this is not a mechanical/automatic trading system; rather, it is a system that gives you technical information and makes a decision. It is important to find circumstances in which all (or most) technical signals point in the same direction. In addition, these highly likely trade conditions would usually be favorable.

Thank you


https://forums.babypips.com/t/what-is-forex-trader-basic-framework/342135
Pieslēgties / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.