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SofieAndreasen
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Posts by
SofieAndreasen
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scalping is risky ?
in
General
Nov 28, 2020 at 13:02
I also agree with you. I think most people prefer this kind of strategy due to its short time analysis.
Almost all methods give profit if
in
General
Nov 27, 2020 at 07:37
Nice tips. I always test every new strategy in demo account. I never apply to real trading before getting my expected result in demo.
Customize your strategy
in
General
Nov 26, 2020 at 17:40
I also prefer to build and use my own trading strategy. Every person has his/her own agenda. So, customize your strategy in your own way of trading.
Fear of losing
in
General
Nov 25, 2020 at 17:15
Trader should not invest what they can afford to lose. Invest small that’s how they can control their fear of loss.
It is the psychological aspects
in
General
Nov 25, 2020 at 17:14
That’s right. Trader often fail to execute their perfect trading setup due to emotion. That’s why trading psychology is important in trading.
Why day trading is better than long-term (Opinion )
in
General
Nov 24, 2020 at 14:02
I think day trading is best especially for new trader. However, most of the new trader often show interest in scalping which is riskier in my opinion.
Bored in the Corona phase
in
General
Nov 24, 2020 at 13:59
Corona impact in every sector in our life and world. But trading activity increase in 2020 due to the lockdown.
Common Quality
in
General
Nov 22, 2020 at 17:29
I also agree. Discipline, hard work and patience are most essential facts which most traders lack in trading.
Stop loss is a killer if
in
General
Nov 22, 2020 at 17:27
Many traders lose opportunity to make profit from potential trade due to wrong SL placement. Support and resistance level are important regrading SL placement.
Trading in lower timeframes
in
General
Nov 20, 2020 at 17:18
Lower timeframe is essential to get more accurate information about price action. However, timeframe depend on trading strategy.
Trade few pairs
in
General
Nov 20, 2020 at 17:16
That’s true. Traders also need to know about correlation which is important to choose best suitable pair according to your trading strategy.
how many pips a year do you need to make ?
in
General
Nov 13, 2020 at 17:39
Nothing is fixed. That why you need to adjust your trading strategy according to this changing market.
Before the slow rise of gold and silver, there are three investment strategies
in
General
Nov 13, 2020 at 17:37
Thanks for the information. It is really helpful. I was looking opportunity for long time in gold.
Online source of income
in
General
Nov 12, 2020 at 17:42
Yes. Forex is also easy to start with little capital. However, it is riskier than other sources.
Not gambling
in
General
Nov 12, 2020 at 17:40
Gambling cannot give you long time success only short time pleasure. So, focus on learning real trading rather than random trades.
There is no short cut way.
in
General
Nov 11, 2020 at 13:44
I think learning is the fastest way rather gambling or searching for some magical indicators or strategies.
What is your favorite leverage?
in
General
Nov 11, 2020 at 13:42
I am using 1:100 in real account. However, I am trying to learn managing high leverage in demo account.
Learning is a nonstop procedure
in
General
Nov 09, 2020 at 16:20
That’s true. Practical knowledge is also important. If I learn something about new strategy, I always test it according to my trading plan.
Money Management Systems.
in
General
Nov 09, 2020 at 16:19
However, sometime I also open 2 or 3 trade in single day if I find good and potential trade. But I adjust my SL into my risk ratio what I set for per trade.
Leverage is useful or not ?
in
General
Nov 07, 2020 at 11:19
Yes. Leverage make this market more interesting. However, many traders lose money rather than gaining due to using high leverage without proper risk management.
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