Jan 16 at 10:30
WaltonCharles posted:
Broker is the most important thing in this market.
totally agree with this. one thing that sticks out that i learned is less is more.
Jan 16 at 12:38
Develop some regime that works for yourself only. Its hard to understand other peoples ideas and try to fit them exactly into your own trading life
Jan 19 at 09:06
Even if your analysis is correct, accept the loss. because losses will teach you the lesson while profit does not.
Jan 19 at 16:59
If you remember all the difficulties and moments from which I drew conclusions after 5 years of work, you can see a lot of different information.
Jan 20 at 09:40
WOTMAN_ posted:
Develop some regime that works for yourself only. Its hard to understand other peoples ideas and try to fit them exactly into your own trading life
Precisely why I am so anti signal services. I just don't think they are helpful even if the signals are legit.
If you can't spot the liquidity then you are the liquidity.
Jan 20 at 11:34
I can say that 5 years to work in this niche is a lot. In my opinion, it's much better to do it a little faster.
Jan 24 at 17:03
Very much agree with the points you have outlined here.
Number 3 is a harsh but true reality many new traders have to face up to if they are going to stay in the game!
But for me learning Risk Management above all else.'Mastering' 'Understanding' was the break through lesson for me and is what has kept me in the Forex markets!
Number 3 is a harsh but true reality many new traders have to face up to if they are going to stay in the game!
But for me learning Risk Management above all else.'Mastering' 'Understanding' was the break through lesson for me and is what has kept me in the Forex markets!
Jan 26 at 11:52
Risk management is something a lot of traders start learning after it's already too late to save an account.
If you can't spot the liquidity then you are the liquidity.
Jan 26 at 14:34
Most important thing I have learned is that a demo account is the most valuable asset that you can invest in (and it is free!)
Jan 26 at 18:37
WOTMAN_ posted:
Develop some regime that works for yourself only. Its hard to understand other peoples ideas and try to fit them exactly into your own trading life
Yes. every trader should have their own techniques.
Jan 27 at 11:50
A trading strategy has to be personal. One of the unique things about this business.
If you can't spot the liquidity then you are the liquidity.
Jan 27 at 14:19
As for me, the best option for getting experience is a demo account. As for me, this option is really the most reliable.
Jan 27 at 15:12
windpower posted:
Most important thing I have learned is that a demo account is the most valuable asset that you can invest in (and it is free!)
Demo platform is very helpful to gain knowledge about these 5 topics. Platforms that can keep valuable assets safe during my training.
Jan 27 at 19:48
Demo can get you so far but you will get different results when you go live...
Jan 28 at 14:43
One of the best most comprehensive lists ive seen cannot argue with it .
If only more people would taje more heed and stock in these before throwing good momey down the drain
If only more people would taje more heed and stock in these before throwing good momey down the drain
Jan 30 at 00:51
The best traders hone their skills through practice and training. You will also do a self-analysis to see what is driving your trade and learn how to not apply fear or greed to the equation.
Jan 30 at 16:50
The best what i`ve learned is to not risk what i can`t afford to lose. I you follow this everything is fine and easier.
Feb 02 at 14:48
windpower posted:
Most important thing I have learned is that a demo account is the most valuable asset that you can invest in (and it is free!)
Agree with you there! I've seen so many posts where beginners are eager to skip demo trading and never understand why you'd opt out when it's free and the best hands on tool for traders to use.
Feb 02 at 15:41
5 Things every trader should know, I believe.
Profitable trading is all about math, not hope. Calculations like:
1- Risk/reward ratios
2- Position sizing
3- Win%
4- Stop losses
5- Profit targets
It’s all math & no magic.
If you personalize losses, you can't trade.
Profitable trading is all about math, not hope. Calculations like:
1- Risk/reward ratios
2- Position sizing
3- Win%
4- Stop losses
5- Profit targets
It’s all math & no magic.
If you personalize losses, you can't trade.
Have your trading charts ready!
Feb 20 at 12:46
zzzTraders posted:
5 Things every trader should know, I believe.
Profitable trading is all about math, not hope. Calculations like:
1- Risk/reward ratios
2- Position sizing
3- Win%
4- Stop losses
5- Profit targets
It’s all math & no magic.
If you personalize losses, you can't trade.
Absolute truth.
