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Risk/Reward Ration-Why you should master the Act.

Od forex_trader_1984295 Nov 05, 2020 at 06:26

@croisssan Yes risk can bring good return. But problem with forex is it's already risky business due to high leverage. It's like taking double risk when we don't follow proper risk management system.

22 Replies 1,871 Pozreté

Posledný príspevok od Akasuki Nov 06, 2021 at 09:33

Forex trading is for expert people

Od UweMoench Oct 25, 2020 at 12:59

Knowledge is the main goal in my trading. If I trade with that goal in mind, I will be able to move forward. Otherwise, I will be a failure trader. For this, first I have to gain trading knowledge.

29 Replies 1,924 Pozreté

Posledný príspevok od AliaDare Nov 04, 2021 at 16:36

Number one biggest mistake

Od Michihito Nov 29, 2020 at 14:42

@marindateal Yes most people treat it like it's a quick money scheme. But it's not what they think. You can make more than any other business but that doesn't mean it has to be within 1 month.

30 Replies 2,345 Pozreté

Posledný príspevok od UweMoench Nov 04, 2021 at 14:59

No one should depend upon luck

Od Michihito Dec 27, 2020 at 07:04

@jonathandaniel Yes there is no option for luck. Luck can't favour us in every trade if we not have skills. It's the skills that bring luck. Not the other way around.

27 Replies 2,116 Pozreté

Posledný príspevok od Akasuki Nov 04, 2021 at 13:42

Leverage

Od forex_trader_2009352 Dec 12, 2020 at 15:38

@RobSchiz Yes you are right. But it is also right that without leverage, it would be for people with small capital. It's the leverage that help them to trade with small amount of money.

32 Replies 2,166 Pozreté

Posledný príspevok od Akasuki Nov 04, 2021 at 13:37

Classic books about forex

Od forex_trader_318221 Sep 25, 2016 at 06:38

@sebking1986 Yes I agree with you, these two are gem on trading psychology. Unfortunately most people do not bother about trading psychology and don't study about it.

57 Replies 3,537 Pozreté

Posledný príspevok od UweMoench Nov 04, 2021 at 08:08

Purpose of demo trading

Od Michihito Jan 27, 2021 at 12:28

@Dwane47 Yes I absolutely agree with you that demo is for developing different skills and strategy not for random trading. But most people just do random trading.

80 Replies 4,433 Pozreté

Posledný príspevok od UweMoench Nov 04, 2021 at 07:25

GBP/USD LONGS HEIGHTEN DOWNSIDE RISKS.

Od mdsh7864 Nov 02, 2021 at 07:16

There is massive news coming for GBP and also USD this week. This is going to be a very volatile one i think

1 Replies 613 Pozreté

Posledný príspevok od CraigMcG2020 Nov 02, 2021 at 08:07

You don't need to be

Od UweMoench Jun 27, 2021 at 10:20

Price Action Trading System Traders can study this. There is an idea about risk ratio. Generally speaking, if traders trade at a 1: 2 or 1: 3 risk ratio, their profit percentage is higher than the loss.

20 Replies 1,317 Pozreté

Posledný príspevok od LukeRachel Nov 02, 2021 at 00:54

Forex is not a bad business

Od Michihito Nov 22, 2020 at 07:04

I think forex gets a bad reputation because of all the scammers out there, along with the influencers that trick newbies into signing up with little knowledge and blowing their account.

32 Replies 2,104 Pozreté

Posledný príspevok od HeavLeighGill26 Oct 28, 2021 at 17:19

Complicated strategy is not good

Od UweMoench Jan 10, 2021 at 16:50

@sharabela yes the simpler is the better when it comes to forex trading strategy. Some people like complicated strategy. That's okay if they are doing good with it.

28 Replies 2,098 Pozreté

Posledný príspevok od Akasuki Oct 27, 2021 at 12:44

what kind of spreads do you look in a broker

Od richardmarcus Nov 27, 2020 at 04:39

Happy if I get 0.0 or 0.1 but pretty much satisfied as most of the time I get 0.2 to 0.5 on major pairs with fxview.

61 Replies 3,528 Pozreté

Posledný príspevok od winning_trades Oct 25, 2021 at 16:31

Own Hardware vs VPS?

Od Ian81 Oct 23, 2021 at 05:38

Thanks @bl4ckp3n9u1n. I have an older Dell R310 server (16gb ram, 2 psu, Xeon X3440 @ 2.53ghz, Win2019) running mine, way overkill, but figured this was the cost effective solution compared to a VPS. I do a similar strategy as yours, let it and the EA run 24/7, doing the required maintenance & patching on weekends. Thanks for the URL, the s...

2 Replies 442 Pozreté

Posledný príspevok od Ian81 Oct 23, 2021 at 17:37

New MAE / MFE feature

Od kslay Mar 19, 2013 at 16:10

First of all thanks to Arcforex for the explanation. Now I understand what is about. That's strange there is no any explanation on the vendor site even in help topics. Secondly about the value of such analysis. It reflects real risk taken to real reward/loss fixed for each trade. The best trades are where the risk is 0 (it can not be less than ...

5 Replies 2,518 Pozreté

Posledný príspevok od Stepik Oct 23, 2021 at 17:22

HOW TO GET STARTED WITH AUTOMATE TRADING IN FOREX MARKETS

Od DivvyGala Oct 20, 2021 at 08:08

CAN SOMEONE PLEASE HELP ME , I WANT TO GET STARTED WITH MAKING BOTS/EA'S .PLEASE GOD BLESS YOU.THANKS😄

0 Replies 492 Pozreté

Posledný príspevok od DivvyGala Oct 20, 2021 at 08:08

what is biggest pip trade you have seen?

Od rickyb Aug 02, 2019 at 03:39

That is quite fine, but yes you can always change the strategy.

52 Replies 2,879 Pozreté

Posledný príspevok od reggae Oct 19, 2021 at 07:51

Indicators are utilized

Od Michihito Nov 01, 2020 at 07:08

Indicators are useful if you can use them properly.

1 Replies 330 Pozreté

Posledný príspevok od SteveHanks Oct 18, 2021 at 11:21

A good strategy can

Od UweMoench Nov 08, 2020 at 12:25

A good strategy can make you rich in this market.

20 Replies 1,382 Pozreté

Posledný príspevok od SteveHanks Oct 18, 2021 at 11:01

Discipline is the most basic thing

Od UweMoench Oct 28, 2020 at 12:51

Yes, discipline is the most basic thing to consider when you are in forex trading. It’s important to be able to stick to a trading plan and that needs discipline.

29 Replies 1,988 Pozreté

Posledný príspevok od Tradextol Oct 16, 2021 at 08:07

Volume

Od Keldrilh Oct 15, 2021 at 18:49

Hello,I have a question.In MT4 in the history center there is the column volume, last one on the right.The data in the screenshot are those of IC Markets broker 1 minute candles on USTEC.How to read that volume number?I mean, for example, in the first lines it says 28.Is that 28 lots? 28.000 lots? 28 millions lots? 28 million euro?If anybody knows ...

0 Replies 196 Pozreté

Posledný príspevok od Keldrilh Oct 15, 2021 at 18:49

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