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rockiee
Feb 17 2015 at 20:14
4 postów
hey , guys

how do you increase trading skills.

mavericks
Feb 18 2015 at 07:44
110 postów
Hi there

As with every human endevour it takes about 10 000 hours of practice to become profficient.

For begginers demo demo trading. Swithing to live after about 5000 traders executed and demo account in profit.

Than after about another 2 years and another 5000 live trades you should be good.
That applies to the case that you want to trade manually, as you see fit based on marked condition.
You may also be that smart that you discover some edge very early on and keep doing it until perfect.
In that case it will take much shorter time.

Regards

M

Get investors and get paid 15 percent of theyr profits. More on my website.
Rustan mallari (tankbeta)
Feb 18 2015 at 13:17
169 postów
^ thats all about it.

eventually experience will teach you and increase your skills.

Plan your trades and trade your plans.
shayguevara
Feb 19 2015 at 07:26
10 postów
1. Get a great coach and mentor who has been in the industry for a long time and knows what they are doing. Do everything they say and copy everything they do. Hopefully you find one who is willing to train you. I know of only one company here in Sydney offering anything close to professional training in an institutional trading environment. Msg me for details.

2. Work hard to learn everything you can and get right into the industry. Talk to traders, socialize with traders, go to the beach with traders.. make it your life. You become who you spend most of your time around.

3. Don't use ea's or robots unless they are proven in an institutional trading environment by people that have invested heavily in the technology I.e hedge fund traders. Good luck finding one of these! Your brain is much better than any ea.

4. Do something to increase your self control and discipline. Martial arts, go on a diet and stick to it, go to the gym and stick with it, military training, etc. You will know you have it when you can put on trades, change your trade direction anytime, and not trade when there is no opportunity, without thinking twice about it. With no emotional connection to an individual trade. Individual trades do not make the trader. It's the risk profile and account equity volatility that matters to investors.

Regards,

Shay

Carter Benson (LuckyCarter)
Feb 27 2015 at 07:36
13 postów
Practice-practice-practice (and practice one more time). Understand, how to work with news (not only financial btw), learn how to read charts. And profit will be with you very soon :))

Tim (timthetrader1)
Mar 01 2015 at 14:31
2 postów
Practice on demo is the best way to improve, no other way.

CrazyTraderfx (CrazyTrader)
Mar 01 2015 at 21:42
1717 postów
Find out about price action

Blown Forex Account Recovery Managment (blownaccount)
Mar 02 2015 at 06:39
104 postów
Follow these 2 threads ......

https://www.myfxbook.com/community/experienced-traders/daily-trade-alerts-for-eurusd/889913,1

And

https://www.myfxbook.com/community/experienced-traders/eurusd/351341,1

you will find experts like myself and Crazytrader commenting on them often.


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Chistopher Robin (ChrisMuzhik)
Mar 02 2015 at 10:11
65 postów
Leave it to professionals, use pamm-system :) It will give you profit without skill in forex

There can't be enough money
Ben Nathan (BenNathanFX)
Mar 02 2015 at 13:26
137 postów
Forget patterns, forget 'price action' , martingale... all that absolute nonsense, and just learn about fundamentals - once you learn them and see HOW they affect the market then start looking for technical ways to trade those fundamental moves...

Basically learn to INVEST and not GAMBLE....

Ever since I started trading on this principle I got to make a full time living from FX (from Fund Managing and Mentoring)

Good luck with it all.....

Oh and if you see a big move dont start looking at various patterns and S&R levels and start looking at stuff like R1 M1 etc etc - just look on Bloomberg or a news feed - youll start to see what is actually moving the markets and get a feel for investing...

HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
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