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naked trading
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Skúsení obchodníci
Nov 15, 2021 at 13:41
I was the case for me but it depends on what works for the individual. There is no right or wrong way. if it makes money they it's right for you.
My Favourite pairs
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Skúsení obchodníci
Nov 15, 2021 at 13:39
I prefer to stick to EURUSD most of time and will look at GBPUSD occassionally. I don't find any need to look at others to trade. I like the way especially EURUSD lines up with DXY for extra confluence.
Basics knowledge is not enough
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Obecné
Nov 11, 2021 at 11:53
It is exactly the same in other professions that are difficult to master. I can have a basic understanding of medicine but that doesn't make me a great surgeon. Only adding in hours of practice will help there. Same for any skill based vocation. People don't want to learn, and more so don't want to commit to the time it takes to practice and study.
Emotional Trading
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Obecné
Nov 11, 2021 at 11:46
I also think that emotions are what make us human. To not have them is unreasonable. But they MUST be controlled when trading. That is the biggest task most traders will face. Especially when the markets will brutally lay out your weaknesses in front of you. Most people react badly to that.
Trading without stop loss
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Obecné
Nov 11, 2021 at 11:43
I don't think trading without a stop loss has got anything to do with skill. It's kamikaze risk management and wouldn't fly on any trading floor or in any fund so why is it acceptable for your own personal account? As the poster above me rightly says, this is a game of capital preservation first and foremost. We all lose trades and it's about ensuring those losses don't wipe out your gains. Yes you can hedge but how often does that go well?
Dogecoin
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Krypto
Nov 10, 2021 at 19:50
It will be popular until the next shiny thing comes along. Not a viable investment in my opinion.
BITCOIN DEAD ¿?
v
Krypto
Nov 09, 2021 at 10:24
This OP didn't age well
Bitcoin future?
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Krypto
Nov 09, 2021 at 10:22
Agreed. I can't see BTC ever being widely adopted as currency. Especially with some other tokens being better suited to that. But as a store of wealth, BTC is already being seen that way as per gold.
WHY PEOPLE CHANGE THEIR METHODS?
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Obecné
Nov 09, 2021 at 10:18
If a method is working then I don't understand the need to change. I like my trading to be boring. I guess some like more risk than that.
In trading everyone should have some rules
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Obecné
Nov 09, 2021 at 10:10
100%. Trading randomly will get you random results that you can't draw any conclusions from. Having some rules means you have areas you can tweak if needed while controlling the other areas. This is how to make progress.
COPY TRADE
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Obecné
Nov 08, 2021 at 11:37
This is vital if you can get the information. Simply copying and not taking the time to learn anything from the trades win or lose won't help you long term. Plus a copy trade service is only as good as it lasts.
Why demo is easy?
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Obecné
Nov 08, 2021 at 11:36
Of course there is some difference but I think half the problem is that people don't treat their demo accounts as if they are live accounts, making decisions as they would live. Doing so at least somewhat prepares you more as it builds good habits regarding risk and capital management.
zero spread brokers needed
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Obecné
Nov 08, 2021 at 11:34
You won't get that always but IC Markets raw spread has been good so far. As low as I've seen.
Whats your opinion on the most important aspects of a trading system
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Skúsení obchodníci
Nov 05, 2021 at 11:44
To add to my earlier answer I also think the ability to fit in around your lifestyle and time constraints is vital. Trading is something that takes a lot of time to get right. If you can't get it to fit around your life you will burn out and lose interest more quickly.
Does bitcoin still holds stronger than stocks?
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Krypto
Nov 05, 2021 at 11:42
Indeed a personal choice. I like crypto and am very bullish on it. But I wouldn't have it make up the majority of my asset portfolio.
Forex market is an unpredictable
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Obecné
Nov 04, 2021 at 11:50
That's all it is. A probablilities game. Stack the odds in your favour as much as possible and then let the maths play out.
Crypto death
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Krypto
Nov 04, 2021 at 11:47
Also look back its albeit short history. It generally does.
Do any forex brokers offer crypto deposit?
v
Krypto
Nov 03, 2021 at 10:22
There are several offshore choices that allow BTC deposits directly from your crypto wallet/exchange. Obviously going to be some dreadful brokers out there too so make sure you research them. Wary of naming names as it can result in getting your post pulled or worse.
Best Crypto to Invest in these Times.
v
Krypto
Nov 03, 2021 at 10:20
Also been adding BNB to my portfolio as well. Think the competition for these prominant blockchains is so important for development and mass adoption.
GBPUSD - screenshots of current analysis...
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Skúsení obchodníci
Nov 03, 2021 at 10:19
Be wary of today and the rest of the week for that matter. Several direction changing news events coming up.
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