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Trading is all about your comfort
v
Obecné
Nov 27, 2020 at 07:03
Hourly time frame is best for day trading. Minute time frame give less information about market.
How long it takes to learn
v
Obecné
Nov 27, 2020 at 07:02
It depends on trader’s ability. I spent 6-7 month in demo account then I went to real trading.
Online source of income
v
Obecné
Nov 26, 2020 at 17:26
I also agree. Forex is the best online income sources. Actually, trading hype increase more in 2020 due to corona.
Most traders don't get success
v
Obecné
Nov 26, 2020 at 17:24
That’s true. I think fear of lose make the trader to do overtrading. So, invest small and keep your fear in control.
Without skills trading
v
Obecné
Nov 25, 2020 at 14:44
I agree with you. My moto in trading is learn as much as possible and trade to survive and gain experience.
Ideal place for trading
v
Obecné
Nov 25, 2020 at 14:42
That’s true. Many traders gamble in trading and lose money because of that. Proper trading plan is needed in trading.
Acquiring knowledge is basic
v
Obecné
Nov 24, 2020 at 13:47
I also agree. Knowledge is the main power source of trading. Many new traders jump into the market without knowing the basic and end up losing money.
What works?
v
Obecné
Nov 22, 2020 at 17:10
That’s true. Every person is different from one and another. So, building own trading strategy is wise choice.
Forex is not a bad business
v
Obecné
Nov 22, 2020 at 17:07
Sorry I don’t agree. You can earn money from forex with spending little time and investment.
Bored in the Corona phase
v
Obecné
Nov 20, 2020 at 16:52
I also agree. Corona come as health disasters but people learn lot of thing from it. Now everyone will not consider any asset as safe haven in trading.
Pros and Challenges of Trading Forex
v
Obecné
Nov 20, 2020 at 16:49
That’s true. I also agree. But traders need to know about both. It helps to grow as a trader.
Expectations
v
Obecné
Nov 18, 2020 at 13:26
Expect volatility with the US elections. It could have potential impact on policies that can move the economy and markets.
Trade few pairs
v
Obecné
Nov 15, 2020 at 13:29
Yes. Mastering only one or two pair is enough to become successful in the market. New traders often trade with many pair and end up learning nothing.
What are two types of analysis?
v
Obecné
Nov 15, 2020 at 13:26
I think trader should spend some of their time to learn new aspect of trading. Learning is a never ending process.
Learn how to code your own ideas on Ea and one day you will be profitable.
v
Obecné
Nov 13, 2020 at 17:26
I prefer manual trading. However, I will try to start coding my own EA. Thanks to you.
Real traders - Blogs, Groups, Youtube
v
Obecné
Nov 12, 2020 at 17:28
Main factor is regulation. Also, check their trading platform and customer services.
Does forex strategies usually work>
v
Obecné
Nov 12, 2020 at 17:26
Every person is different. So, trader should build their own strategy or customize other's strategy.
Fear of losing
v
Obecné
Nov 11, 2020 at 13:34
Don’t invest money what you cannot afford to lose. It gives extra pressure of fear in trading.
Not that easy
v
Obecné
Nov 11, 2020 at 13:33
That’s absolutely true. Success or getting rich don’t come overnight. Spend time as much as possible to learn. Success and money will come eventually.
Stop loss is a killer if
v
Obecné
Nov 09, 2020 at 15:55
Support and resistance level are the main aspect of stop loss. So, learn about those two first.
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