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GreenTrades
How long on a demo account
in
New Traders
Oct 31, 2018 at 13:49
To analyze multi-time frame, you got to decide the order (buy/sell) after you analyse on not one time frame, but multi-time frames [15M, 1HR, 4HR, 1D etc]. doing this helps confirm the trend against the deceptive 5M timeframe.Use longer one for general direction, use smaller one for entry point.
Forex is Hobby ?
in
General
Oct 31, 2018 at 12:11
and here as we..Hobby is when you do something you love in leisure time, not devoted time. But if you're new to trading, hobby is needed to have a good start. But while learning and practicing, it should convert your hobby to your passion, many lacks that path as they focus on making money which is a big hindrance to become good trader.
New in forex trading
in
New Traders
Oct 24, 2018 at 07:37
6. Patient and discipline are the key to make all the points go smooth.
Forex is profitable ?
in
General
Aug 30, 2018 at 14:03
True, which is why compounding is awesome and is an 8th wonder of the world.
New in forex trading
in
New Traders
Aug 29, 2018 at 11:57
Pretty good points, but I would add that there need to be organized course to avoid getting stuck in many technical terms for beginners. I recommend these two free online courses below:- School of Pipsology in Babypips. Those are fun for learning.- Trading Course in ForexPeaceArmy. It's designed like a forum but a good one, fun as well.
Learning and earning
in
General
Aug 29, 2018 at 11:56
Yes, like I shared, continuous learning along with experience can make trading interesting and can be a profitable if done in good strategy/logic along with good management.
Overconfident
in
New Traders
Aug 29, 2018 at 11:55
Very true. Continuous education is more like a theory part which is pretty boring. But if done continuous learning with continuous experience, it becomes interesting plus knowledge is growing fast and may become good trader if strategy + logic + management is good.
Forex is profitable ?
in
General
Aug 29, 2018 at 10:45
Forex is profitable for those who are passionate in trading and they indeed manage A to Z in their trading life. Else time, effort and money are wasted for those who take Forex as "Richer machine" (never realizing that it's poverty machine for them). Passion matters the most.
Can forex trading make you rich ?
in
General
Aug 27, 2018 at 14:22
Well I would say that those who are stabbed hard by the markets can make them rich. Passion speaks.
Overconfident
in
New Traders
Aug 16, 2018 at 10:50
When you didn't find the solution, lesson is the one. And if you don't want to go wrong in the first place, catch the valuable advises as much as you can. :)
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