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Posts by BaldoN

Robotic Trading VS Manual Trading In New Traders Oct 03 2016 at 11:52
Have you thought of a hybrid system. Using an automated system to make a small consistent profit. Most of the automated systems require big balances. In another account you can manually trade if you know how to but never combine both in the same account. Another thing you can do is use Money management Experts for setting the TPs SLs Trailing Stops and Breakeven points automatically while you trade manually. This approach is great for scalping. Just my 2 cents.
What indicator you use for scalping? In New Traders Oct 03 2016 at 11:52
For scalping you don’t need many indicators I just use moving averages 20 , 50 and 100 check the different timeframes use support and resistance and pure price action. Watching the Daily pivot is a great tool too.Using the Volume levels and follow the volume and volatility. Than the candles say it all.
DEMO ACCOUNT vs LIVE ACCOUNT In New Traders Aug 24 2016 at 05:27
If you play football do you always go to the stadium and just play the big game, no. You go and practice and train. Demo is practicing and Live is playing the real game, but you have to do both in order to succeed. Have you seen a professional who has never trained and started playing from the beginning? No! Its all about practice , practice, practice.
Using low cost binary options to build account for Forex trading. In New Traders Aug 24 2016 at 05:25
I did my own research about binary options and to be honest coulnd’t find a good broker , at the end I got the impression its truly a scam. Is there someone here who can say a reliable binary options broker where you can withdraw your funds. Something is even wrong with the whole concept behind the binaries, there is no real execution to the market and only individual platform it more looks like a online game where you put your money in and never get it back. Forex is a zero sum game as the market is , someone buys at the same time someone sells. With binaries its you against the broke...
What do you wish to achieve through forex? In New Traders Feb 25 2016 at 07:41
Yes trendfollowers, we may agree that the dreams may become goals and anyone of us to try to accomplish them. This is not one sided process and have to learn every day to achieve them. Everyone who starts trading on the market has something which he wishes to achieve with that – no matter if those are money, or learning new things. My opinion is that the person who wants to made good performance for long time period should be down to earth, and not living in dreams. Yes it is better to have, but it is hard if not fill your dreams, to fall from the castle you’ve build.
What do you wish to achieve through forex? In New Traders Feb 24 2016 at 07:15
You know what moves the market? There are two factors – fear and greed. If you start to supplement your income more often I guaranteed to you that you will become greedy – you will said to yourself – I want a bigger house, new car or something like that. Seeing that you have success on the market making small amount constantly – you will decide to raise the bar – put the big money – and then… The wishes are good thing, but you need to stay on the ground, not to live in the clouds. Developing the system which brings you success is long and hard work. ...
Is demo trading enough before real account? In New Traders Feb 19 2016 at 11:56
You may use demo to test different strategies, which to use afterwards on real account. Truly on demo acc you don’t feel the pressure of worries of losing real money, but also gives you priceless experience on the market. My opinion is to first try the demo and see if you are good to this job – after that you may put small amount of money on real – just to feel the difference. And after those two tests are suitable for you – only then to start this.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.