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Learning Forex Trading
Členom od Aug 11, 2017
870 príspevkov
Apr 22, 2018 at 10:08
According to me, You must learn a lot firstly by reading some tutorials. Try to consistent in pips school. There is a proper guide for learning Forex for the traders who are particularly beginners. And try to join a broker and open a demo account. But you will learn what you need to do in the tutorials and try to participate on this forum especially Newbie Island so you can learn more.
Členom od Apr 06, 2018
242 príspevkov
Apr 23, 2018 at 06:26
Here are some nice books that are really good you can learn every aspect of trading-
1.Beyond Technical Analysis-Tushar Chande
Brief Intro.-Old book 1997 edition but these system really works in today market also. The book is broadly divided into two parts. The first half deals with development and testing—how the system worked on past data— and discusses basic rules, key issues, and many new systems. The second half explores how the system might do in the future, with a focus on equity curves, risk control, and money management. A key contribution is a new method called "data scrambling," which allows unlimited amounts of synthetic data to be generated for true out-of-sample testing.
2.BUILDING RELIABLE TRADING SYSTEMS-Keith Fitschen
Brief Intro.-This book shows you how to build a tradeable strategy. A tradeable strategy is one that fits your own risk/reward goals, and one that trades in real‐time as well as it performs in the development back‐test. It is not easy to develop a tradeable strategy because there are serious pitfalls. Most of us are greedy and want to trade something that has a large return.
3.Definitive Guide to Position Sizing - Van Tharp
Brief Intro.-One of the best book on Money management/Risk Management
4.Trading in the Zone-Mark Douglas
Brief Intro.-The goal of any trader is to turn profits on a regular basis, yet so few people ever really make consistent money as traders. What accounts for the small percentage of traders who are consistently successful? The determining factor is psychological—the consistent winners think differently from everyone else.
1.Beyond Technical Analysis-Tushar Chande
Brief Intro.-Old book 1997 edition but these system really works in today market also. The book is broadly divided into two parts. The first half deals with development and testing—how the system worked on past data— and discusses basic rules, key issues, and many new systems. The second half explores how the system might do in the future, with a focus on equity curves, risk control, and money management. A key contribution is a new method called "data scrambling," which allows unlimited amounts of synthetic data to be generated for true out-of-sample testing.
2.BUILDING RELIABLE TRADING SYSTEMS-Keith Fitschen
Brief Intro.-This book shows you how to build a tradeable strategy. A tradeable strategy is one that fits your own risk/reward goals, and one that trades in real‐time as well as it performs in the development back‐test. It is not easy to develop a tradeable strategy because there are serious pitfalls. Most of us are greedy and want to trade something that has a large return.
3.Definitive Guide to Position Sizing - Van Tharp
Brief Intro.-One of the best book on Money management/Risk Management
4.Trading in the Zone-Mark Douglas
Brief Intro.-The goal of any trader is to turn profits on a regular basis, yet so few people ever really make consistent money as traders. What accounts for the small percentage of traders who are consistently successful? The determining factor is psychological—the consistent winners think differently from everyone else.
The market will trade through it’s path of least resistance .
Členom od Aug 11, 2017
870 príspevkov
Apr 25, 2018 at 12:36
In Fx trading by and large traders think only good trading knowledge can brings success very rapidly , but practically despite of good trading knowledge that’s not possible at all to lead a comfortable trading life if you don’t know how to manage your time.
Členom od Jul 20, 2020
278 príspevkov
Nov 09, 2020 at 12:19
Learning is the most important thing in the forex market. Without learning you can not survive in this risky market.
Členom od Jul 20, 2020
172 príspevkov
Nov 09, 2020 at 12:53
Knowledge is the main key to success in the forex market. No trader can make a good career without proper knowledge.
Členom od Apr 18, 2017
659 príspevkov
Nov 10, 2020 at 12:13
knowledge and experience needed i agree with you , but it can be valueless if you dont have regular practice , so besides acquiring good knowledge its more appropriate to emphasis on practice session.
Členom od Jul 19, 2020
283 príspevkov
Nov 10, 2020 at 19:44
If you want to become successful in this market, you need to learn all the tools and techniques of forex trading perfectly.
Členom od Mar 17, 2021
494 príspevkov
Apr 13, 2021 at 19:26
ElliotCooke posted:
Learning is the most important thing in the forex market. Without learning you can not survive in this risky market.
I agree with you. Proper learning is mandatory to survive in this market.
Členom od Nov 16, 2020
52 príspevkov
May 09, 2021 at 09:49
Being able to understand these concepts is really dangerous, because they are one of the components of trading.
Členom od Jul 23, 2020
696 príspevkov
May 11, 2021 at 00:14
There are a lot of sources to learn. But traders often show less interest in learning.
Členom od Aug 27, 2017
875 príspevkov
May 11, 2021 at 09:41
learning is important its okay, but in spite of having good learning, approach trading can be useless if there is no regular practice.
keeping patience.......
Členom od Apr 03, 2021
28 príspevkov
May 27, 2021 at 10:08
That probably depends on the money and broker you are willing to invest in. good luck to you.
Členom od May 31, 2021
35 príspevkov
May 31, 2021 at 07:34
(upravené May 31, 2021 at 07:35)
For every trader, it is very important to gain sufficient knowledge to excel in the forex market, no profit can be made with lack of education.
Členom od Aug 26, 2020
76 príspevkov
Jun 04, 2021 at 09:54
It is necessary to study and understand all the trading rules that will be necessary in order to start working here.
Členom od Nov 16, 2020
52 príspevkov
Jun 05, 2021 at 08:25
I can’t imagine how you can even start trading vine with your funds if you have not studied and do not know anything.
Členom od Jul 23, 2020
816 príspevkov
Aug 08, 2021 at 02:40
Knowledge is the key to success in trading. So, focus on learning.
Členom od Jun 26, 2020
323 príspevkov
Aug 11, 2021 at 06:14
demo is important for ensuring all basic knowledge but i dont like to trade in there , because there is no real money and we cant focus on there consistently , so i think micro account is the good solution,.
Členom od Aug 13, 2021
39 príspevkov
Aug 16, 2021 at 02:35
I am sure that no one wants to win virtual money. Yet, I also believe no one want to lose the real money in vein when you just dont know how the market is functioning. You should always find a proper BROKER and learn paper trading before you take it in the real fight. Get a demo account first please!
Členom od Nov 16, 2020
52 príspevkov
Aug 16, 2021 at 07:32
Of course, we all always go for normal earnings and, but I think that without testing the strategy and our skills on a demo account, it is quite difficult to move on.
Členom od Aug 16, 2021
9 príspevkov
Aug 16, 2021 at 09:58
But how valuable is demo account if you do not care about losses of virtual money. It surely cannot help teach you
