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Pievienoja lietotājs
BrienBooker
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Indicators are useful but
in
Galvenais
Jun 16, 2022 at 06:11
Everything, after all, has its own significance. I believe we should develop a technique that incorporates charts. Simply analyzing charts without indicators may cause your strategy to fail and result in a significant loss.
Ready made strategy doesn't
in
Galvenais
Jun 16, 2022 at 06:10
A pre-made approach will never work for you in the long run because what works for someone else may not work for you. As a result, create a strategy based on your own personality and goals.
What do you learned while trading?
in
Galvenais
May 06, 2022 at 12:10
a
What do you learned while trading?
in
Galvenais
May 06, 2022 at 03:50
While trading I learned that patience and learning is the key to success in forex trading. And always remember that failure is the stepping stone to success.
There is no short cut
in
Galvenais
May 06, 2022 at 03:48
To be successgful at Trading a significant amount of time and work is required. It is impossible to achieve consistent success in a short period of time.
Various Reasons why ppl use a lot of brokers.
in
Galvenais
May 06, 2022 at 03:47
In my point of view the advantage of using multiple brokers is that they charge the regular payments which are quite lower. The other advantage is that best brokers offer detailed fundamental research on various forex pairs and help traders in making the profits.
Strategy-based trading
in
Galvenais
May 03, 2022 at 08:02
Strategy is very important while doing trading because without strategy you can never earn good profits in the forex. Your own practice and knowledge of how to use indicators will lead you to make good trades.
Whats your opinion on the most important aspects of a trading system
in
Pieredzējuši treideri
May 03, 2022 at 08:00
According to me the key aspect to success is effective management. For successful trading, both risk and money must be appropriately handled. With this working on the plan on a regular basis is also beneficial.
MetaTrader4 (MT4) vs MetaTrader5 (MT5) for beginners
in
Galvenais
May 03, 2022 at 07:57
So the general difference between the two is that MT4 was created to trade Forex, while MT5 was created to make trading non-Forex CFDs easier. They are programmed in distinct languages, and MT5 enables faster backtesting than MT4. Unlike MT4, MT5 has a DOM (depth of market) feature and is theoretically supported by MetaQuotes.
Forex Courses
in
Jauni treideri
May 03, 2022 at 07:55
Well, I don’t refer to any paid courses, I prefer to learn from the school of pipsology on babypips. It is an easy as well as a very informative source to learn forex trading.
Books or Videos - Which one is better for learning?
in
Jauni treideri
Apr 30, 2022 at 10:13
Both are good sources to learn about forex. I mostly refer to “The Little Book of Common Sense Investing” by Jack Bogle and “A Random Walk Down Wall Street'' by Burton G. Apart from this I follow the school of pipsology on babypips.
When a trader is a newbie
in
Galvenais
Apr 30, 2022 at 10:12
As per my point of view, beginners should always practice on demo accounts before going for live trading, this will not only make them familiar with the trading environment but will also make them aware of the risks that can be avoided while placing live trades.
The fear of losing opportunity
in
Galvenais
Apr 29, 2022 at 11:46
According to me, this can happen with anyone who has just begun his trading and is quite common but with consistent practice and learning one can definitely overcome their fear and slowly can lead to the path of a profitable forex journey.
Free sources of professional Forex education
in
Galvenais
Apr 29, 2022 at 11:45
To gain forex education, I read different trading-related books, journals, and articles and also refer to the school of pipsology on babypips.
You need sound mind
in
Galvenais
Apr 29, 2022 at 11:42
A bad day in trading can make you feel frustrated and upset. But you need to keep your mind calm and cool as emotions can ruin your knowledge as well as skills.
Forex is not scam
in
Galvenais
Apr 28, 2022 at 11:06
The Forex market is a legal trading market where you can trade the world's major currencies. It would be difficult to trade the currencies required to conduct cross-border commerce without the forex market. So in my opinion it can’t be related to any kind of scam or fraud.
Famous Traders and Investors, what to think of them
in
Galvenais
Apr 28, 2022 at 11:04
Famous traders not only inspire and drive me, but they also inspire me to believe that it is possible to make it a full-time career. When I analyse their success and accomplishments, they inspire me to trade and learn more.
What are the popular Techniques for Forex trading?
in
Galvenais
Apr 27, 2022 at 10:50
Time period, forex signals employed, and entry/exit methods are only a few of the approaches used in forex trading strategies.
The future of Alternative Intelligence in trading
in
Galvenais
Apr 27, 2022 at 10:46
AI will surely have a significant role to play in the future of trading. Probably, advanced versions of trading platforms would create and augment themselves. So the question isn't whether man or machine will triumph. I believe the answer is neither; the future belongs to a man with a machine.
Money Management Tips
in
Galvenais
Apr 26, 2022 at 06:28
Here are a few tips on money management:1. Set a total account drawdown limit for all trades.2. Each trade should be assigned a risk-to-reward ratio.3. Always make proper use of stop-loss while placing trades.4. You should only trade with money that you can afford to lose.
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