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What would you rather use for trading?
Участник с Apr 30, 2024
1 комментариев
May 21 at 13:42
Участник с Apr 30, 2024
1 комментариев
Hello guys,
I am rather new to trading. I was wondering what you would rather use in order to trade forex:
Expert Advisors, Signals, Social Trading or Indicators?
I am rather new to trading. I was wondering what you would rather use in order to trade forex:
Expert Advisors, Signals, Social Trading or Indicators?
Участник с Jun 25, 2020
11 комментариев
May 21 at 15:38
Участник с Jun 25, 2020
11 комментариев
Hi,
Charts are enough to trade Forex but all is good as far as your trading style suits your psychology..
I suggest to learn it first from a good mentor(s) before putting any real money. It seems boring but this is the right approach towards success in trading.
Charts are enough to trade Forex but all is good as far as your trading style suits your psychology..
I suggest to learn it first from a good mentor(s) before putting any real money. It seems boring but this is the right approach towards success in trading.
One thing that I keep a note of, in trading, is not Money, It is Numbers!!
Участник с May 07, 2024
2 комментариев
May 22 at 14:51
Участник с May 07, 2024
2 комментариев
if you have to choose 1, go with indicators, but remember that indicators are lagging and the #1 input in most indicators is price, so you'd probably be better off just focusing on price action
Участник с Aug 04, 2014
66 комментариев
May 22 at 16:17
Участник с Aug 04, 2014
66 комментариев
panchovilla84 posted:Many times the indicators will mislead you, in my opinion, you should be more involved in learning raw chart analysis
if you have to choose 1, go with indicators, but remember that indicators are lagging and the #1 input in most indicators is price, so you'd probably be better off just focusing on price action
Участник с May 07, 2024
2 комментариев
May 22 at 16:24
Участник с May 07, 2024
2 комментариев
Fx_challenger posted:if by 'raw chart analysis' you're referring to naked price action, s/r zones, classic chart patterns, etc....then yes i agreepanchovilla84 posted:Many times the indicators will mislead you, in my opinion, you should be more involved in learning raw chart analysis
if you have to choose 1, go with indicators, but remember that indicators are lagging and the #1 input in most indicators is price, so you'd probably be better off just focusing on price action
Участник с May 24, 2024
3 комментариев
Jun 12 at 17:09
Участник с May 24, 2024
3 комментариев
To start, I suggest using simple indicators such as moving averages, RSI, Ichimoku, ....
Social trading has the risk of being dragged into some point of market to be hunt by the brokers. So avoid it!!!
But for the Expert advisors, learning how to create a robot to backtest your trading strategy is an advantage. However to have a constantly profitable robot you need high level of programming, mathematics and statistics. So It is a team work.
Social trading has the risk of being dragged into some point of market to be hunt by the brokers. So avoid it!!!
But for the Expert advisors, learning how to create a robot to backtest your trading strategy is an advantage. However to have a constantly profitable robot you need high level of programming, mathematics and statistics. So It is a team work.
Steady Growth
Участник с Aug 22, 2024
2 комментариев
Aug 22 at 06:32
Участник с Aug 22, 2024
2 комментариев
does indicator really work in trading ?
if so , Can I use this tool to train my skill?
guessupdown
if so , Can I use this tool to train my skill?
guessupdown
Участник с Sep 07, 2020
67 комментариев
Aug 28 at 08:55
Участник с Sep 07, 2020
67 комментариев
Social trading is good if you are new to trading and want to try to copy someone's trade to understand and get better
Участник с Sep 08, 2020
35 комментариев
Sep 12 at 05:00
Участник с Sep 08, 2020
35 комментариев
If you're new to trading, I’d recommend starting with indicators to get a feel for how the market moves. Once you’re comfortable, you can explore Expert Advisors or signals for automated strategies. Social trading is great too, especially if you want to follow experienced traders and learn from their moves. It really depends on your learning style and goals.
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