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NascarLover
news trading
em
Geral
Oct 26, 2023 at 19:21
If it is important like, NFP, I will close my positions but if it is a lower impact event, I will leave my trades open
This is the most important thing of Forex trading
em
Geral
Oct 26, 2023 at 19:20
Stop loss is important but so if choosing the Lot size. You can still lose you account if you use a small stop loss but a large Lot size
How much gain is realistic ?
em
Geral
Oct 26, 2023 at 19:19
The peecent per day or week does not matter. The important thing is consistency. If you make 1% per week then with 1:100 leverage you can turn this into 100% per week. But if you are not consistent then you will eventually loose. Focus on consistancy not percent
What makes one a Professional Trader?
em
Geral
Feb 07, 2019 at 07:00
Yes, it is a lot of work to understand trading and most never make it (usually due to lack of work). But with dedication I think it can be done
Emotion in Forex trading
em
Geral
Feb 07, 2019 at 06:59
There are meditation techniques that can be used to control emotion and body chemistry. I use them to remain as calm and emption less when trading
Psychology of Forex Trading
em
Geral
Feb 07, 2019 at 06:59
That is true but some FX strategy cannot really be programmed well with EA. It is difficult to program SR an strategy that use chart patterns / sloping trend lines. it is possible but not easy. Also, the results are less good than real trader. Obvious there are psychology factors with trading manually but overall I believe it is better
Need help for be a good trader
em
Novos Negociantes
Jan 11, 2019 at 11:04
Make sure you use a demo account for a few months practicing first. Then move on to a micro account to understand the difference between demo and live trading. Some people have a lot of emotional problems when trading with real money. Start small to avoid those problems
Demo trading
em
Novos Negociantes
Jan 11, 2019 at 11:04
I think that is too long. I trade demo for 12 months and had big problem when I went live. I wish I had gone live sooner but onto a micro account with low leverage. That is a much better way to understand how the markets really work
Emotion in Forex trading
em
Geral
Jan 11, 2019 at 11:04
I don't know of ANY retail trader who went into institutional trading. Never heard or seen of anyone do that. Bank traders come straight out of college and then start trading. Retail traders are usually older and already have a day job
Psychology of Forex Trading
em
Geral
Jan 11, 2019 at 11:04
I try to automate all my trading to avoid psychological problems. I can then be hands off and let the EA do all the work. No emotions there. There are limitations to robots but you can ensure that there is no revenge trading or bending of the rules
Reasons why you should NOT trade cryptocurrencies
em
Crypto
Jan 11, 2019 at 11:03
I agree. Crypto is dead. Even forgetting the fact that the price has fallen massively there just isn't the interest there any more. Trading volumes are way down. The fad has passed and everyone is looking for the next big thing.
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