Mar 29 2019 at 07:04
I also tried elliot wave but putting it into practice is very difficult. So many false signals. I am not sure it is even worth it. Better off focus on another strategy that is easier to judge
Elliot wave work on all time frame, normally i start count the wave in bigger time frame (monthly) then slowly drill down into smaller time frame. example if you see correction wave of 2/4(correction) in monthly chart, then if you look at weekly/daily chart, you should be able to count the wave A-B-C. They works like magic.
4MoreYears posted:
I also tried elliot wave but putting it into practice is very difficult. So many false signals. I am not sure it is even worth it. Better off focus on another strategy that is easier to judge
Oh i see
Apr 01 2019 at 06:01
tracydavison posted:natalieFx posted:
hi everyone, i am a natalie, i am a teacher, i am interested in forex trade but i have no experience in trading, i heard that myfxbook is a good community and i should get here good suggestion or advice .
if i say 100% truly i have just idea about forex but not in trading so i want to be a trader,,,
Now your turn, for give me suggestion or resource,,, advanced thanks. 😐
hi and welcome :) I can also suggest babypips. its a pretty good resource, good luck
Agreed, Babypips is very helpful
May 08 2019 at 09:44
As per me demo account is like trainer or teacher we help in understanding hoe trading is done , helps to learn building strategy , practicing lot and all this without having loss of single penny.
May 14 2019 at 11:58
To be successful in anything, experience matters the most! Agree or not? If you want to become good in the Forex trading then you first have to find out a trusted broker that can help you as a mentor with every trade! You should checkout VolumeFX, these guys helped me a lot when I was new in the trading world! Know more about them here at volumefx.com/!
May 19 2019 at 10:00
Welcome, Natalie. Read all you can read here. Ask questions and you`ll be answered. Then test yourself in demo trading. And remember to do not risk what you cant afford to lose.
momchil_slavov@
Here are Benzinga's top six free ways to become a better trader:
Visit Your Local library. The best free resource for developing your trading skills is your local library. ...
Attend Webinars. ...
Enroll in Open Source Finance Courses. ...
Learn Everything about the Stocks You Follow. ...
Paper Trade. ...
Manage Your Emotions.
Visit Your Local library. The best free resource for developing your trading skills is your local library. ...
Attend Webinars. ...
Enroll in Open Source Finance Courses. ...
Learn Everything about the Stocks You Follow. ...
Paper Trade. ...
Manage Your Emotions.
With due respect of this world market, you are trying to learn the fundamentals of trading and I am appreciating your desire. It is quite appealing that today's new babies are trying to learn how to deal with various newer things related to trading by means of applying the real thing in their journey of trading. Best of luck, try to complete the education with the help of demo trading account.
natalieFx posted:
hi everyone, i am a natalie, i am a teacher, i am interested in forex trade but i have no experience in trading, i heard that myfxbook is a good community and i should get here good suggestion or advice .
if i say 100% truly i have just idea about forex but not in trading so i want to be a trader,,,
Now your turn, for give me suggestion or resource,,, advanced thanks. 😐
Hey natalie , its wonderful to see how keen you are in learning trading. You can start with the following :
Read some books on trading such as market wizards and intelligent investor.
Keep yourself updated with the news and markets.
Go through magazines and newspapers regularly related to trading.
Visit websites that provide a full course on learning trading and forex such as babypips and others.
Once you get a hang of it , practice on a DEMO account for as long as you want until you are ready to trade on a real account.
Hope this helps!
