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How to increase trading skills ?

snapdragon1970 (snapdragon1970)
Oct 20 2015 at 06:20
1944 postów
ForexAssistant posted:
the robot you bought might be already obsolete, then you need to reprogram it....or buy another one?


That's not exactly true, My one robot has been working well since 2008 but you may have to trade with a broker outside the US. The US government has ruined trading for US citizens at home. Even going off shore has become a pain for US traders but if you want to find gold you have to dig where the gold is and that means outside the US.

Trading is hard enough but trading in a manipulated market is financial suicide. The problem is that in the US, all markets are manipulated. I won't even buy stock in a company in the US. Once burnt, twice wary.

Bob


It's true you guys in the US get a raw deal on trading,here in Europe theres less control on many levels,you started your robot at a great time,no wonder it's working great ,you picked the bottom!

"They mistook leverage with genius".
BenNathanFX (BenNathanFX)
Oct 20 2015 at 08:17
137 postów
rockiee posted:
hey , guys

how do you increase trading skills.


If you can afford the investment get some private coaching from a Fund Manager with some verified Live Trading track record and more importantly FCA regulation... and get on to a live account asap and start SMALL!

Finally try and think of technical s purely as a way to enter trades and manage them consistently - there should be a fundamental reason for your trades.

Those alone are the things that helped me and thanks to them my full time living comes 100% from FX

HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
ForexAssistant (ForexAssistant)
Oct 20 2015 at 13:49
465 postów
you started your robot at a great time,no wonder it's working great ,you picked the bottom!


We are talking about the forex market, there are no bottoms.

where research touches lives.
Devhuti
Oct 21 2015 at 09:50
94 postów
daily forex major currencies forecast
visit my profile to communicate with me .

snapdragon1970 (snapdragon1970)
Oct 22 2015 at 11:20
1944 postów
ForexAssistant posted:
you started your robot at a great time,no wonder it's working great ,you picked the bottom!


We are talking about the forex market, there are no bottoms.


You want to go back to spreads of at least 400% wider than normal times?




"They mistook leverage with genius".
snapdragon1970 (snapdragon1970)
Oct 22 2015 at 11:20
1944 postów
BenNathanFX posted:
rockiee posted:
hey , guys

how do you increase trading skills.


If you can afford the investment get some private coaching from a Fund Manager with some verified Live Trading track record and more importantly FCA regulation... and get on to a live account asap and start SMALL!

Finally try and think of technical s purely as a way to enter trades and manage them consistently - there should be a fundamental reason for your trades.

Those alone are the things that helped me and thanks to them my full time living comes 100% from FX


FCA regulation means very little to be honest ,Ive worked in the industry.

"They mistook leverage with genius".
stevtheangle
Oct 23 2015 at 16:20
6 postów
mavericks posted:
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

is there an ea for trailing stop or stop loss? i dont get to be able to set the stop loss manually on every order, sometimes i make out of it and most times i lose, because i didn't set the stop loss.

ergo, a ea would be a tremendous benefit ))

M

stevtheangle
Oct 23 2015 at 16:20
6 postów
is there an ea for trailing stop or stop loss? i dont get to be able to set the stop loss manually on every order, sometimes i make out of it and most times i lose, because i didn't set the stop loss.

ergo, a ea would be a tremendous benefit ))

Steve

luthfi_maung
Oct 28 2015 at 07:13
11 postów
It might takes more than 3 months to train and improve your trading skills, more than 6 months to make a profitable trade so you may move to live account, and it takes forever to train your emotional control...

arigoldman (arigoldman)
Oct 29 2015 at 12:25
907 postów
Know how the markets work, read books, learn from the successful.

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