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Crowe
How to build a good trading strategy?
in
General
Apr 18, 2017 at 06:40
Back testing is a good way to build a good trading strategy. Observe the chart to learn the pattern of candlestick of a pair. Every pair has its own characteristics. Then use indicator if you are exoert at those indicator. Tesr the method over few months. It is important to test it. I am a binary options trader. If you are interested in options trading, go to lxmarkets and open an account with the broker.
How do I use the strategy tester to go back in time and manually place trades?
in
General
Apr 17, 2017 at 07:21
I have a trade director EA and I might want to perceive how it would have overseen trades set physically without anyone else's input. What I might want to do is utilize the technique analyzer to backpedal in time, put a trade on the diagram and after that watch how the stops and TPs would be executed by the trade trough EA. Consequently permitting me to outwardly change the parameters. I love binary options trading at lxmarkets.
Do you prefer fixed spreads or dynamic spreads?
in
New Traders
Feb 12, 2017 at 08:11
Forex brokers generally offer two types of trade spreads, variable or fixed. On the other hand, fixed spreads are predetermined and remain constant throughout all trading conditions and variable spread are changing constantly on the basis of the market condition. Personally I prefer to use variable spread in forex market. Because sometimes the spread is very low in market and we can take a short trade with low spread and more profit.
Best pairs to start?
in
New Traders
Feb 12, 2017 at 08:11
For a new forex trader it’s been confusing that how they should start and how much money they should invest in forex market and which pair should use in chart and which time frame they can use. in case of pair discussion I can say that the best pair to start forex trading is that AUDUSD, EURUSD, GBPUSD, USDCAD, NZDUSD etc. that means all the major pair you can select to start trading.
Psychology of Forex Trading
in
General
Feb 12, 2017 at 07:59
Trading psychology is very important thing for a forex trader who want to be a market leader. He or she have to understood the trading psychology whether it is long term trade or short term trade. When you want to become a master trader you have to understand the market psychology in a discipline way. Because when a trader trade with their emotion he or she can lose his account.
How to build a good trading strategy?
in
General
Feb 09, 2017 at 09:58
To build a good trading strategy i simply follow some basic rules. Which are-Grow your knowledge about forexAt first give time to learn not to tradeMake your skillTake a mental preparationControl your emotionSet goals & observe the market at firstDon’t get biased with the screenTake a shoot and be patient. You will see the result. Follow the simple rules & stay with that.
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