Feb 02 2021 at 13:27
What was it and what did you do?
P.S. I didn’t ask how much because that’d be rude but you can tell me if you want to hehe.
P.S. I didn’t ask how much because that’d be rude but you can tell me if you want to hehe.
Feb 08 2021 at 06:21
I haven’t had much luck with my trades and I’m trying to work hard and improve my trades.I’ve opened some demo accounts recently so let’s see where that goes. Any tips would be great, thanks!
Feb 08 2021 at 10:38
I don’t know if I can call it the ‘most successful’ trade but it was somewhat close so I can consider it a success. I made some decent returns on EUR/GBP and since the price moved in my favor, I call it a win-win.
Feb 09 2021 at 04:20
Ericdier752 posted:
I haven’t had much luck with my trades and I’m trying to work hard and improve my trades.I’ve opened some demo accounts recently so let’s see where that goes. Any tips would be great, thanks!
I think you should focus on the methodology and determine the entry and exit points carefully. Set a trading goal and do everything you can to achieve it. You can use some strategies, indicators and other tools as you go. Another thing is to be able to calculate your expectancy and this will help you figure out how reliable your system is and can be. Good luck.
Feb 09 2021 at 05:16
Adamgylicrist posted:
I don’t know if I can call it the ‘most successful’ trade but it was somewhat close so I can consider it a success. I made some decent returns on EUR/GBP and since the price moved in my favor, I call it a win-win.
Was it the biggest win you've made till date?
Feb 09 2021 at 05:55
Mikehussey posted:Ericdier752 posted:
I haven’t had much luck with my trades and I’m trying to work hard and improve my trades.I’ve opened some demo accounts recently so let’s see where that goes. Any tips would be great, thanks!
I think you should focus on the methodology and determine the entry and exit points carefully. Set a trading goal and do everything you can to achieve it. You can use some strategies, indicators and other tools as you go. Another thing is to be able to calculate your expectancy and this will help you figure out how reliable your system is and can be. Good luck.
Thanks for the advice, I’ll try to get my head around this.
Feb 10 2021 at 10:17
Mikehussey posted:Ericdier752 posted:
I haven’t had much luck with my trades and I’m trying to work hard and improve my trades.I’ve opened some demo accounts recently so let’s see where that goes. Any tips would be great, thanks!
I think you should focus on the methodology and determine the entry and exit points carefully. Set a trading goal and do everything you can to achieve it. You can use some strategies, indicators and other tools as you go. Another thing is to be able to calculate your expectancy and this will help you figure out how reliable your system is and can be. Good luck.
Add weekly analysis to this maybe. I usually study charts on the weekends when the markets close to follow any pattern or news update that might affect my trades. I mean that’s how I do it.
Feb 10 2021 at 12:32
Joz8 posted:Adamgylicrist posted:
I don’t know if I can call it the ‘most successful’ trade but it was somewhat close so I can consider it a success. I made some decent returns on EUR/GBP and since the price moved in my favor, I call it a win-win.
Was it the biggest win you've made till date?
I can’t say this was the biggest win but yes, it was the most profitable return I’ve seen in a while. I’m glad I went with Ig and Fxview and got faster withdrawals on my trade.
Feb 11 2021 at 05:49
Martingupttil posted:Mikehussey posted:Ericdier752 posted:
I haven’t had much luck with my trades and I’m trying to work hard and improve my trades.I’ve opened some demo accounts recently so let’s see where that goes. Any tips would be great, thanks!
I think you should focus on the methodology and determine the entry and exit points carefully. Set a trading goal and do everything you can to achieve it. You can use some strategies, indicators and other tools as you go. Another thing is to be able to calculate your expectancy and this will help you figure out how reliable your system is and can be. Good luck.
Add weekly analysis to this maybe. I usually study charts on the weekends when the markets close to follow any pattern or news update that might affect my trades. I mean that’s how I do it.
Now this is some good addition to it. Thank you all for contributing. I’m taking notes and this will surely help me out.
Feb 11 2021 at 10:14
I did try some strategies but there hasn’t been a consistency in profits. I think it takes a lot of time to get constant results in forex. Wondering if I should start with scalping for making fast returns. Thoughts?
Feb 11 2021 at 12:26
mitchelstrack posted:
I did try some strategies but there hasn’t been a consistency in profits. I think it takes a lot of time to get constant results in forex. Wondering if I should start with scalping for making fast returns. Thoughts?
Sure, you should always keep exploring new avenues and strategies for improving your results. Good luck.
Feb 11 2021 at 13:15
verahopkins posted:
My most successful trade has to be the one in which I made 24.3% profits. There has not been any other trade where I made such nice profits.
What currency?
Feb 11 2021 at 16:24
First, you need to apply the trading mentality in the right way. Then you have to manage the discipline and plan and enter the trade.
Feb 12 2021 at 07:44
AliaDare posted:
First, you need to apply the trading mentality in the right way. Then you have to manage the discipline and plan and enter the trade.
That's right, following the right kind of plan and sequence is quite important if one wishes to succeed here.
Feb 12 2021 at 10:29
mitchelstrack posted:
I did try some strategies but there hasn’t been a consistency in profits. I think it takes a lot of time to get constant results in forex. Wondering if I should start with scalping for making fast returns. Thoughts?
Scalping didn’t really work for me and in my case, I don’t risk very high by using a higher leverage. I keep it as low as possible and trade. Scalping generally works for traders with more experience.
Feb 15 2021 at 05:18
One of the most profitable trades I’ve had is with EUR/USD and I believe I made a very good use of price action which happens to be my go-to strategy. Been working on taking up another one soon. Any broker suggestions would be great.
Feb 15 2021 at 11:04
Martingupttil posted:mitchelstrack posted:
I did try some strategies but there hasn’t been a consistency in profits. I think it takes a lot of time to get constant results in forex. Wondering if I should start with scalping for making fast returns. Thoughts?
Scalping didn’t really work for me and in my case, I don’t risk very high by using a higher leverage. I keep it as low as possible and trade. Scalping generally works for traders with more experience.
If you don’t risk high, go with strategies that will work on reducing any risk. Try to calculate your risk tolerance and set your risk reward ratio to 1:2 minimum, good luck.
Feb 15 2021 at 12:15
Till now, my most successful trade is the one in which I made 14.2% profit.
Hope, I will get to earn more profits soon.
Hope, I will get to earn more profits soon.
Feb 16 2021 at 04:08
That is right Adam, and it is exactly how low risking traders should work. There’s no harm in wanting to trade safely.
