Чтобы пользоваться чатом, пожалуйста, войдите в систему
Обратно к контактам

Forex is profitable ?

Marcus (HyperAI)
Jan 31 2019 at 12:26
16 комментариев
Demetriof posted:
Would you say that 1h time frame is too short? I thougt that would be considered a longer time frame. I thought that M15 or M5 were short and 1H and above were generally considered the longer time frames


Time Frames up to H1 is a short and medium tf for scalp, day and swing trading. h4 and more is about fundamental, I suppose, but technicals can use it to see the general movements.

BenTrader
Feb 01 2019 at 10:16
6 комментариев
Demetriof posted:
Would you say that 1h time frame is too short? I thougt that would be considered a longer time frame. I thought that M15 or M5 were short and 1H and above were generally considered the longer time frames


Well, H1 is very fine because you can see clearly what did happen in previous sessions. ( American and Asian )

Ranges are very clear and also you can check Daily patterns on H1.
I use smaller timeframe for trigger.

But if you are a new trader, a strongly suggest you to avoid Time frame < M15
There is too much noise and the spread will kill you.

I don't use H4 at all.






Jdimitrov
Feb 03 2019 at 07:26
10 комментариев
Why don't you use H4? I also have never used it mainly because it seems like a weird in-between time frame but I have noticed some very reliable trade formations recently on H4

AniLorak
Feb 03 2019 at 08:16
920 комментариев
BenTrader posted:
Demetriof posted:
Would you say that 1h time frame is too short? I thougt that would be considered a longer time frame. I thought that M15 or M5 were short and 1H and above were generally considered the longer time frames


Well, H1 is very fine because you can see clearly what did happen in previous sessions. ( American and Asian )

Ranges are very clear and also you can check Daily patterns on H1.
I use smaller timeframe for trigger.

But if you are a new trader, a strongly suggest you to avoid Time frame < M15
There is too much noise and the spread will kill you.

I don't use H4 at all.







Agree with your opinion on the lower time frames! Yes, no doubt H1 is a good choice but H4 is the key to the long term traders.

jamesgwyther
Feb 03 2019 at 14:42
289 комментариев
Jdimitrov posted:
Why don't you use H4? I also have never used it mainly because it seems like a weird in-between time frame but I have noticed some very reliable trade formations recently on H4


I like H4

Matt (BluePanther)
Feb 05 2019 at 07:43
1356 комментариев
95% of traders lose because they don't trade correctly

Matt (BluePanther)
Feb 05 2019 at 09:52
1356 комментариев
Matt (BluePanther)
Feb 05 2019 at 09:52
1356 комментариев
Joseph Nemeth has a lot to say on this subject.

Richard Rest (Prest)
Feb 05 2019 at 11:13
43 комментариев
forex should be considered as a job for everyday and should not be considered as fast money and gambling.

BenTrader
Feb 07 2019 at 13:03
6 комментариев
Yep, Traders who lose money don't trade correctly.

Trading is simple when you understand a few basic things.




niceGLer
Feb 07 2019 at 14:52
169 комментариев
Jdimitrov posted:
Why don't you use H4? I also have never used it mainly because it seems like a weird in-between time frame but I have noticed some very reliable trade formations recently on H4


I use H4 mainly for support & resistance analysis.

Anthony Rizal (AnthonyWins)
Feb 10 2019 at 07:22
212 комментариев
BenTrader posted:
Yep, Traders who lose money don't trade correctly.

Trading is simple when you understand a few basic things.




Nice expression. Could you share your simple basic things?
(This is a rhetorical question)

P.S. 'understand' is not 'adhere'.

Imamul
Feb 10 2019 at 07:23
681 комментариев
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.

Teejy88
Feb 11 2019 at 06:47
36 комментариев
Forex is profitable as long as you have a decent system for managing risk, aim too high and you will burn.

Imamul
Feb 11 2019 at 11:05
681 комментариев
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.

MontaBill
Feb 11 2019 at 12:46
7 комментариев
babypips is ok but it is very basic. I also think that it makes Forex sound simpler than it really is. There is a lot of analysis required for Forex and babypips just scrapes the surface

ScottyCarsonMVP
Feb 12 2019 at 07:03
54 комментариев
If people are consistently doing it then that answers the question surely?

Alcides666
Feb 12 2019 at 09:53
10 комментариев
What do you mean? Profit?? People are consistently making losses in Forex. Most people cannot make profit. It is difficult to find anyone who make consistent profit at this game

Gracewilson1995
Feb 13 2019 at 07:34
147 комментариев
Forex is profitable as long as you are using the right strategies to place the trade. You must be completely aware of all the terminologies before placing trades in the live environment. The leverage, spreads should be kept in consideration before placing any trade. The best option to learn about the forex market is to place as much trades as you can on the demo account so that you can become familiar to market conditions, its liquidity, and volatility. Choosing a right broker also plays an important role in forex as the money makers make money when the traders lose, so in order to earn more profit, search for a pure ECN broker with lower spreads.

vontogr (togr)
Feb 13 2019 at 07:39
4862 комментариев
Alcides666 posted:
What do you mean? Profit?? People are consistently making losses in Forex. Most people cannot make profit. It is difficult to find anyone who make consistent profit at this game


I am sure majority of them [being profitable] are in this discussion. :)

Пожалуйста, войдите в систему, чтобы комментировать .