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Pietro_Seitz
How long does it take one to be consistently profitable with forex trading
in
Новые трейдеры
Aug 31, 2022 at 14:43
I do not think that the beginner can hope that in 2-3 months he will earn good money.This is absurd.I know there are fools who think they will make their first $1000 in a month.... lol... 😁It actually takes at least half a year to start making money. I mean good money.But that doesn't mean you have to quit your job. You have to become a real professional successful trader first.
Books or Videos - Which one is better for learning?
in
Новые трейдеры
Aug 27, 2022 at 18:29
I think you have to use the most effective sources of learning. As for books or videos, I think videos are better.But you can also read books. Why not?Maybe some successful trader wrote a useful book with different insights and answers. Every trader has his own way. On this way some problems may occur. As a rule, almost 70% of problems are similar.That's why in some book there can be a description of how to solve problems and what this trader did.It is like a supplement.The main training is video tutorials from professionals and a demo account. I have watched it and then tried it on the de...
FXCC
in
Брокеры
Feb 23, 2022 at 07:33
Totally agree with you, man. There is nothing more devastating than hidden charges when you have to rack your braing over where your money has gone. Fxcc is a pretty transparent broker which actually confides trust.
GBP/USD
in
Новые трейдеры
Feb 05, 2022 at 12:43
I really hate this currency pair and I am telling this based on my demo trading experience. It’s so scary for me to imagine trading this stuff on a real account. For me it’s hard to trade. I usually fail to enter the market properly trading this pair. I don’t know, maybe I’m just psychologically incompatible with this asset.
Emotion in Forex trading
in
Общее
Jan 15, 2022 at 14:00
Emotions are a geat enemy of success in trading. However, that is the thing that we cannot get rid of. The only way to survive on the market is to comb your emotions and control them. I believe that the best way to deminish the influence of psychology is to work out a precise and categorical trading strategy. If you build such a plan which will be objective and precise, you will just follow the formula of taking trading decisions and you will hardly experience greed or fear when you will deal with sheer numbers and calculations.
Arrogant advice
in
Новые трейдеры
Nov 12, 2021 at 12:51
I can't agree with your words actually. Every human being chooses by himself how to earn money. If traders want to try to earn money due to trading activity, then there is nothing in our world which can prohibit them to do it. Every trader decides by himself whether he wants to lose money or not. Of course, trading activity brings plenty of risks which you have to take on yourself, however those activities which don't imply risks can never be profitable. You will be just an ordinary man, with stable salary and no perspectives at all. However, if you decide to take some risks on yoursel...
Part time trading
in
Общее
Sep 27, 2021 at 20:31
Trading can be a part-time job and I feel that it is the best option for every trader. I mean that every trader should aspire to spend little time on trading in order to find time for other things in life. Surely, a trader needs lots of time and expertise to make it happen, but I believe that it is better to trade with the bigger timeframes and do more long-term analysis in order not to spend all of your time before the computer screen and following the charts.
Customize your strategy
in
Общее
Sep 25, 2021 at 16:07
Absolutely agree with this statement.Trading strategy is like a rifle: yu've got to know it perfectly well in order to use it in the most efficient way. Trading strategy shouldn't contradict your personal vision of the market. Like there are many traders that I know who don't understand how some of the trading strategies work, but they implement them and manage to earn some money. However, I feel that it cannot last long because one day they will face with the situation which they won't be prepared for. More than that, every trading strategy should be improved regularly because...
No alternative to learning
in
Общее
Aug 25, 2021 at 19:36
I quite agree with that there are no alternatives to learning and if you're a novice you have no choice actually. Of course, I speak about those novices who seriously want to start trading activity and become successful in it. Some traders just open couple of deals, then gove up everything after deposit dumping and start accusing trading of their losses. I don't understand such people. Speaking about alternatives, there are no alternatives as I said before, but some traders can do only practicing. Of course, it's also a part of learning, however they can combine theory with practic...
Fondex
in
Брокеры
Jan 29, 2021 at 22:13
Here it is best to study the statistics of traders and the number of trades. I would focus on those who trade regularly, but with small volumes - it's safer. Aggressive traders can work too risky.
Fondex
in
Брокеры
Jan 17, 2021 at 17:40
I have chosen Fondex because this brokerage offers copy-trading, one of the few brokers in the industry to offer copy-trading not through the third-party service, but directly through the trading platform. And now I have 2 insights to share with you:1. Copy-trading is less profitable then manual trading, so if you have free time - better learn how to trade yourself.2. In Fondex you can trade with all masters that use cTrader. That's inconvenient sometimes, as you may have different liquidity/spreads.So keep this 2 points in your mind =)
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