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Who can help me to trade?

AniLorak
Aug 14 2017 at 08:40
920 poster
FxKing01 posted:
RedRhino posted:
Why do traders feel that Babypips is a good source of trading advice?


I totally agree with you!



I think, BabyPips School is a good learning source for the newbies!

togr (togr)
Aug 14 2017 at 11:47
4862 poster
leo23 posted:
The most important thing is backtesting your system with sufficient amount of past history data. If you have not backtested your system and trying directly with one system to other system either in demo or live account, it is complete waste of time.

Backtesting a system with 'Forex tester' will save a lot of time may be years of research and analysis. Just take any mechanical system trading at least 4H timeframe or more and backtest it.

For beginners the best thing is to trade on Daily charts so that everyday just open a trade at specific time with stoploss and takeprofit like a set and forget system. In this way, the over analysis on charts and over thinking and trading psychology and all can be avoided by new traders.

Also, Daily time frames are much more reliable without much market noise and easy to backtest and easy to forward test with low risk.

To achieve consistent trading And to backtest properly you need the EA. Many people here Are jíst trying new And new systems without Real success

Mohammadi
Aug 15 2017 at 06:25
880 poster
I think the traders who are particularly newcomers first of all have to move in demo account which is the master place to acquire basic fundamental knowledge. but practically they don’t believe the importance of this trading place at all. so they fall a great trouble when kick off a live account without practicing demo.

Patrick1981
Aug 16 2017 at 06:26
7 poster
Demo is essential for successful trading but so is a live account that you can trade with mini and micto lots

mlawson71
Aug 21 2017 at 13:31
1487 poster
Another thing that you should probably look into is whether you prefer to trade with or against the trend. (https://www.forexbrokerz.com/news/trend-following-counter-trend-trading) Both options have pros and cons, and both can be profitable if one knows how do them well. It depends on the trader which one they’ll pick.

TerraTopNova
Aug 22 2017 at 14:39
15 poster
There is also range trading. The markets are not trending for 90% of the time so this is worth considering

AmDiab
Aug 23 2017 at 06:44
718 poster
Prince_FX posted:
Dear friends!

My name is Prince, I am from Nigeria. I have some money to trade, but my trading results are not so good so far, that is why I would like to ask some experienced traders to guide me or advise me somebody who could help me to trade, or to teach me.

Than you all!


I understand your condition, but again; if you want to stay here permanently there is no why without manual trading! BY the way, these days automatic trading services are very popular; so many options! But you have to choose your trading partner so carefully!

petkofxlev38
Aug 24 2017 at 06:28
14 poster
You should take a professional education and trust no body but yourself. Do not relay on people/brokers/account managers that will handle your money and they will bring you profits. Most probably will loose it all this way.
You can have a look at the courses in eaforexacademy.com - there are manual and automated. There are free videos of some of the courses, so you will decide which one to choose. There is forum also with students, so you can exchange some experience and ask questions

snapdragon1970 (snapdragon1970)
Aug 24 2017 at 15:50
1944 poster
Go and get educated by a professional,cuts out a lot of time wasting and losing money.

"They mistook leverage with genius".
TradingtheCloud (TradingtheCloud)
Aug 25 2017 at 08:19
38 poster
I don't believe any anyone here got trained with a pro but are very forthcoming to give such advice. There are some great books that you can buy and I had found Trade Forex with Confidence and developed a winning system.

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