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Posts by Samsu_samsul

How long do you test you Manual Strategy before going live? In New Traders Dec 08 2015 at 15:10
Personally, I took it about a week to test my trading system before applying it into live trading. And yeah, it depends on the trader itself, some took a test it for couple days and some took it longer...
lost In New Traders Dec 08 2015 at 15:08
[quote]LorraineP posted: Start with Babypips.com or Forex4noobs.com Study charts. Study Supply and Demand. Study Support and Resistance. AVOID PAID SERVICES - most are scammers AVOID loading your charts up with tons of indicators. 20 EMA, and supply and demand zones is all I use. Learning forex is equal to getting a college education. Yes, it can take that long to be profitable. [/quote] Thumbs up for this best advice! And so, you need to dedicate yourself to learn more about this business because most newbies were fail to soon because they were controlled by their own greed...
recently joined. In New Traders Nov 30 2015 at 08:08
[quote]luthfi_maung posted: [quote]snapdragon1970 posted: A quote from a friend of mine"you really dont learn how to trade until you have skin in the game".[/quote] Correct. Keep rolling in the game and you'll get yourself better in trading.[/quote] True! the more experiences, the more skillful you are in trading. So keep trading...
How to increase trading skills ? In New Traders Nov 30 2015 at 08:07
[quote]Apipfx posted: [quote]snapdragon1970 posted: [quote]JenalAripin posted: Too much indicators means too much things to understand. The question is: do you really understand all of them? If you do, then it wouldn't be a problem to your trading process...[/quote] I use two indicators PSAR and Bollinger bands ,that's it,they can be effective sometimes but it takes experience to use them properly. But as you say above lagging is of little use,best to test on demo and see how it behaves on one product.[/quote] Personally I just use SMA and BB Aand I agree with both of you, we need ...
Honest truth about forex..... In New Traders Nov 13 2015 at 10:35
[quote]kmartyn posted: 3. Worry about entries less and focus on how you're going to exit the trade that makes the most sense. Once you're in the market manage that position. [/quote] I agree with this one. stay focus to your position and make sure you're really ready to handle that position...
Trading Journal In New Traders Nov 13 2015 at 10:35
[quote]Pepen_supendi posted: [quote]GJim posted: In addition to all the other advice new traders may find here, I will add a suggestion of keeping a trading journal. I have logged every trade since May 2005 - win, lose, draw. The reasons for entering a trade, strategies, &c. - a 'post-mortem' on losing trades, and also on winning trades. Every trade includes a chart picture showing entry/exit points, along with the indicators used for the particular strategy. It's often enlightening to review those historic trades to see the lessons learned. [/quote] A good detail about t...
Trading Journal In New Traders Nov 04 2015 at 08:26
The most useful thing (yet forgotten by most of the beginners) is our own trading journal (our own trading experience). A good part of our trading lesson, to evaluate our progress (we may evaluate it daily, weekly, or monthly).
DEMO ACCOUNT vs LIVE ACCOUNT In New Traders Nov 04 2015 at 08:26
Take your time when hanging around demo account. It's a huge difference when moving to live account cuz your trading psychology is being trained and tested.
The reason that new traders fail that doesn't involve psychology In New Traders Oct 27 2015 at 07:22
[quote]JacoAF posted: [quote]Gennnady posted: [quote]BenNathanFX posted: Without Fundamentals you are gambling... trading on the CHANCE that a pattern if traded enough will eventually win.... [/quote] There are tons of different approaches for making profits on financial markets and stating that one thing is gambling and the other thing is THE THING is arrogant. If you are making a living with fundamentals, good for you but it doesn't mean you can't be profitable with technicals or algorithms or whatever. Everyone chooses a strategy according to his mindset. You refer to Wall Str...
Trader or Gambler? In New Traders Oct 27 2015 at 07:22
Both traders and gamblers have chances, and luck factor isn't avoidable. But for traders, technical and fundamental are part of them before execute their opportunity.
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