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mab8
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Free Trade Copier EA
in
Программирование
Sep 29, 2021 at 12:42
Yes, this one is very good and without any limitations, full version.
Acquiring knowledge is basic
in
Общее
Aug 10, 2021 at 06:57
Yes you need knowledge but you also need other aspects for successful trading such as risk management, money management and psychological training to keep your emotions at bay.
Ideal place for trading
in
Общее
Aug 10, 2021 at 06:56
While the truth is that you can trade from anywhere you are, it is best to have a place where you feel focused. So a quiet area, such as a home office works best so as to concentrate and avoid distractions. It can also help you take trading more seriously too and I feel that helps.
profits in forex trading
in
Общее
Aug 09, 2021 at 11:26
Yes you can definitely do well in forex, but I have come to the conclusion that you need to be persistent and also a hard worker. I think it is a mistake to think you will get money easily ad while you can gain profits, you need to be careful with the amount of risks you take on.
Discipline is the most basic thing
in
Общее
Aug 09, 2021 at 11:24
You need discipline to spend enough time analysing, checking charts etc, to be able to make an informed decision that has good potential to lead to profits. You also need discipline to control your mind to think in a focused way not with emotions.
Newbie looking for guidance and support
in
Новые трейдеры
Aug 06, 2021 at 04:45
Hi, I do not suggest signals personally I do not vouch they help at all.It is best you stick to a demo account, so that you get better at trading, but be aware that once you go into live trading things change, as you would also need to be able to control your emotions for example, and that cannot be trained from demoing. However demo trading is important. As you move on to actual trading make sure you have set a strategy and that you use proper risk management plans. Never risk more than you are willing or able to lose. It is best to use a stop loss and to avoid trading highly volatile pairs. ...
What is your trading strategy ?
in
Новые трейдеры
Aug 06, 2021 at 04:42
Using a trading strategy that works for you is very important. Yes Scalping is good if you cannot devote too much time to trading, but you still need to be careful.
Hello world
in
Новые трейдеры
Aug 06, 2021 at 04:40
Welcome and good luck!If you are back after a hard time I suggest you take it slowly and gradually. Never risk more than you are willing to lose. Use risk management and money management, and I find it helpful to keep a trading journal to look back on what I did and improve.
what pairs do you dislike most ?
in
Новые трейдеры
Aug 05, 2021 at 04:35
It depends what is going on at the time so I cannot really pinpoint a particular pair. I try to avoid those with higher spreads though.
Is demo trading enough before real account?
in
Новые трейдеры
Aug 05, 2021 at 04:33
A demo account is going to give you the possibiility of using the platform, see how trading works, but it is not going to give you the emotions associated with real trading, such as how fear or doubt set in before you make a decision. Nonetheless it is still helpful to spend time on a demo account at first. However you should also substantiate that with plenty of reading and research so as to learn more about news that affect the market, for example, and there are also courses you could consider following. I suggest you start with small amounts first when you move on to real trading and it is ...
strength of currencies
in
Новые трейдеры
Aug 04, 2021 at 05:01
Each currency pair is different, and it is up to you to find what seems to be a strong pair or not. There are tools you could use such as the currency strength meter.
Loss
in
Общее
Aug 04, 2021 at 05:00
Sure, loss is part and parcel of trading as there is always the element of risk, but you need to speculate, analyse and do your best to avoid losses. Risk management is very important. Having said that it is best to prepare yourself psychologically for the possible loss too. Too high expectations that you will gain is not healthy as loss is often the result, and you need to be prepared for that.
Simple Trading Tips for beginner.
in
Новые трейдеры
Aug 03, 2021 at 07:30
Interesting points;1. Use economic calendar and the news. The Economic Calendar is just one fo the tools you need to use. There are also indicators, and you need to keeo your eye on the news that may affect the currency changes and movements.2. The demo account It is important to start out with a demo account as you can train yourself in a risk free way.3. The brokerThe choice of the broker is very important as you need to maek sure he is to be trusted and can make your trading experience according to what you intend it to be ex. with the platform offered and the trading style.
Not gambling
in
Общее
Aug 03, 2021 at 07:26
It is important to relaise that forex is in no way related to gambling. They are different because even though you use money you are investing in forex, and not playing around with it as you would when gambling.
Forex is good in terms of return
in
Общее
Aug 03, 2021 at 07:22
Forex trading can indeed lead to great returns, but it is important to avoid thinking that it is so easy and quick to attain. The truth is that it takes time, plenty of work such as by carrying out careful analyses, and you also need to be responsible in your trading by setting certain limits in terms of risks and money management.
Profit target?
in
Общее
Aug 02, 2021 at 12:28
The target will depend on how much you can stand to lose. This obvioulsy varies from one trader to another. Besides the capital, it also reflects on the expereince of the trader too.
Money Management Tips
in
Общее
Aug 02, 2021 at 12:27
It is very important to be aware of how you are trading. Money used in trades depends on your income, as well as how you decide to manage it in terms fo the various trades. The general rule is to stick to a percentage, such as 2% as you said , of the capital you have when trading. So a plan is important in these cases as it helps you keep better track of wht you intend to do.
Control your greed.
in
Общее
Jul 30, 2021 at 05:36
Yes, greed can be your biggest enemy in forex trading. If you are not able to slow your pace and think well before making a decision you will most likely end up making a wrong move if you allow greedy feelings to lead the way. You need to pur emotions at bay and focus on a realistic and complete analysis as much as you can.
No alternative to learning
in
Общее
Jul 30, 2021 at 05:34
I think what you mean is that if you really want to succeed in forex you need to be willing to learn, and also, keep learning as things change all the time. Learning is indeed the foundation of being a good trading, and you need to understand what is going on in the market in order to hope for good decisions when you buy and sell forex.
Whats your opinion on the most important aspects of a trading system
in
Опытные трейдеры
Jul 27, 2021 at 14:29
Risk management is always very important. So is money management. You also need to combine analysis methods that can allow you to choose good entry and exit points.
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