Feb 06 2021 at 05:44
josejames posted:PercymcDonnell54 posted:
I think position trading and day trading can be techniques as well as strategies because they are very similar. A position trader would keep the position for as long as possible and a day trader would not keep any security overnight because he will trade all the security as soon as possible.
Slippage becomes a considerable factor when we day trade because if the spreads are high we can suffer loss. The brokers also become very important in your strategy because spreads and leverages are offered by brokers. When I started demo trade to test out the brokers I finalized on Fxview and Robinhood because they fit into my strategy. So do think about the brokers.
Yes absolutely slippage and spreads are the real deal breakers while choosing a broker.
Feb 06 2021 at 08:08
ddarko3 posted:
Price action is good but it can be inaccurate. Just try MACD and RSI + always setting stop loss in your trade
Thanks for sharing.
Feb 08 2021 at 04:42
First step for beginners is learning their all concentration should remain on earning even if they are doing real trading. I will recommend micro accounts where their loss will less and learning will valuable with real trading.
Feb 08 2021 at 10:27
Forex market or forex trading i think is completely secure but
it depends on your broker performance , because without a broekr you cant a trade at all.
it depends on your broker performance , because without a broekr you cant a trade at all.
Feb 08 2021 at 11:47
i always try to learn from m y past mistake , because i do believe the only way i have that cam make prefect one from all.
Indeed, security depends on the broker you plan to trade with.
Feb 12 2021 at 11:15
I always use bollinger bands to predict the movement of currency pairs. Along with bollinger bands I use MACD and RSI to get the clear idea of overbought and oversold volumes. Combination of these three always helps me too keep my trade success around 80%.
Jul 04 2021 at 19:23
blackChelsea posted:
I always use bollinger bands to predict the movement of currency pairs. Along with bollinger bands I use MACD and RSI to get the clear idea of overbought and oversold volumes. Combination of these three always helps me too keep my trade success around 80%.
I will use it. Let's see.
Jul 06 2021 at 04:32
I think you need to listen to what suits you best, to which you have more opportunities to be confident that this strategy will be useful to you.
Aug 07 2021 at 15:09
I think all strategy is good if you can master it.
Sep 06 2021 at 15:58
Day trading is best for a new trader in my opinion.
Jan 01 at 03:56
The best trading strategy is the one you create for yourself. It is a bit difficult if you are a beginner, and if you are an experienced trader, then you already have some future strategic developments.
Jan 04 at 09:38
according to me any kind of trading strategy can bring good amount of money if you have most powerful analyzing trade knowledge and experience.
Jan 04 at 17:53
I would recommend the most neutral strategy in order to protect yourself from losses.
Jan 06 at 17:55
SofieAndreasen posted:
Day trading is best for a new trader in my opinion.
I also think so. Every new trader should start with day trading.
Jan 07 at 12:56
As a new trader, start trading with a demo account using regulated brokers like Avatrade or FP Markets that also offer training programs and 24/7 live chats to enhance knowledge on the forex market.
Basically, you have to create your own strategy. For new traders if you just recently have joined a broker, then you should go to demo account and just open positions, long or short, it doesn't matter. It's the best strategy and simultaneously you should learn theory about trading. When you will open positions, you will start noticing regularities on the graphics and gradually you will be able to start to understand some feature of trading activity. After you will gain enough theoretical knowledge, you will create your own strategy and you will have to test it on demo account. Guess that it's enough for a new trader.
Jan 12 at 09:29
as a beginner trader i always use scalping trading strategy which brings profit very rapidly than others.
Jan 12 at 15:49
I believe that there is simply no better strategy for working under any circumstance. You need to be prepared for the fact that any strategy can bring results under certain conditions.
Jan 13 at 00:49
Although you will get a good solution from Google. Yet I can give some ideas. There are some strategies you can use, such as having an idea about the news and thinking about the news effect, following the swing strategy, following the support/resistance level, understanding the market sentiment. Trading will not be so difficult for you if you can form an idea about these.
