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Intraday Trading is gambling
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นักเทรดมือใหม่
Sep 06, 2022 at 07:02
Day trading is not gambling unless you trade like a gambler. You don’t need to watch charts all day for day trading. You can just trade during the volatile hours and limit your number of trades. Do not over trade and stop when you start losing in a row.
scalping easy ?
ใน
นักเทรดมือใหม่
Sep 05, 2022 at 06:47
I don’t think scalping is easy at all. But you can become good at scalping if you learn properly. I think scalping is all about timing and timely decisions. It is risky but profitable at the same time. Only a skilled trader can make a good amount of profits from scalping.
When a trader is a newbie
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ทั่วไป
Sep 01, 2022 at 06:24
I can not agree more! A newbie should focus on learning and develop skills for trading profitably. He must consider practicing on the demo account.
Forex market offers great opportunity
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ทั่วไป
Jul 12, 2022 at 04:23
The Forex market offers great opportunities, but unfortunately, most people lose them due to a lack of the required knowledge and skills. Success has no shortcuts. one needs to go through hardships and struggles.
Keep your innovation running
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ทั่วไป
Jul 12, 2022 at 04:22
Using your trading experience to your benefit only helps you reach your goal quicker. Get creative and update your trading system, less often than usual, by placing your trades only when potential returns seem maximum than risks.
Good broker is needed
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ทั่วไป
Jul 08, 2022 at 08:08
You can have a look at fxview and xm, both are regulated and have a low minimum deposit requirement of $5.
The future of Alternative Intelligence in trading
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ทั่วไป
Jun 27, 2022 at 04:59
Yes, artificial intelligence has changed the situation in the market. Many newbies take the help of EA and often, most of them fail because even when they do help analyse data and make decisions for you, it may not always work out. AI will continue to evolve future trading techniques.
New Trader
ใน
นักเทรดมือใหม่
May 20, 2022 at 04:49
Wow, 10 years have passed and suddenly the thread is active. I am wondering if you are still an active trader and how it’s going for you. Coming to the signals I don’t have much knowledge about it since I feel it’s better to trust what you see in the charts.
How long does it take one to be consistently profitable with forex trading
ใน
นักเทรดมือใหม่
May 04, 2022 at 06:23
There is no fixed time frame as it depends on your skills and strategy to a great extent. If you are a good trader to begin with or a fast learner with the potential to become profitable right away, then you can start learning early. But all of this is subjective to the amount of money you put in and how you handle the risk per trade. Focus on learning and getting better at trading, Profits will come to you as a byproduct sooner or later.
Trading for the long-term
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ทั่วไป
Apr 28, 2022 at 05:11
Whether you choose to be a short term trader or long term, your priority should be creating and building a strong trading system. You must be able to adapt to change and enhance your skills as you move forward. In order to receive consistent profits, while managing risk and money, you must calculate a risk reward ratio which helps balance your capital and reduces the chances of blowing up your account. By maintaining discipline, you increase your chances of achieving your personal goals sooner.
There is a proverb that practice
ใน
ทั่วไป
Apr 28, 2022 at 05:10
Yes, I believe with patience comes great success. Especially, when it comes to trading, the uncertainty that the market brings to the equation can be quite challenging and stressful for traders, new or experienced. With only practice you will be able to understand how a particular system works. Likewise, to be able to ace trading, practice on a demo account is quite valuable and it also gives you a wide view of the dynamics of the market environment.
Demo can not make you well experienced
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ทั่วไป
Apr 26, 2022 at 05:46
I have to agree with everyone saying that demo accounts don’t prepare you for the live market conditions. You do get an introduction to the live market through your demo account but when it comes to understanding the live market, you will have to trade in the live market. You can make use of a micro account for that purpose.
Most people become unrealistic
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ทั่วไป
Apr 26, 2022 at 05:43
Unrealistic expectations are a result of a lack of knowledge. When a trader knows what is happening in the market and what needs to be done, they focus on what is possible. They will build their trading strategies accordingly and won’t distract from their plans.
Can you borrow money from the bank to trade forex?
ใน
ทั่วไป
Apr 26, 2022 at 05:41
This is not a good idea at all. Instead, keep aside a portion of your earnings and invest that in the forex market.
Demo Trading Advantages
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ทั่วไป
Apr 21, 2022 at 07:15
Here is why I find demo trading advantageous - 1. It allows you to see how price action develops and understand the risks inherent in Leverage.2. It allows you to understand how the platform works and get a feel for the broker's trading conditions. 3. It allows you to develop trading strategies.
Is trading hard?
ใน
ทั่วไป
Apr 21, 2022 at 07:12
Trading is difficult when you have insufficient market knowledge.
To shine in forex
ใน
ทั่วไป
Apr 20, 2022 at 07:11
You don't have to focus on profits to succeed in forex trading; instead, a successful trader is one who can safeguard his or her cash by employing effective risk management strategies.
Don’t Let Your Emotions Dictate Your Forex Trading
ใน
นักเทรดมือใหม่
Apr 19, 2022 at 07:12
Emotions should never be given space in forex trading. They are capable of ruining your entire trading career. A successful and a smart trader never let the flow of emotion block his trading path. If you do not have strong control on your emotions then no one can save you from failures. Most of the traders lose money because of their inability to control their emotions therefore, it’s very crucial to have control on your emotions.
Consistency is the brick
ใน
ทั่วไป
Apr 19, 2022 at 07:02
Yes indeed!Consistency is the brick of a successful forex trading career. Every trader should gain knowledge and should develop their own strategy and follow it consistently. Making money in forex is not an easy task at all and one should always be patient and consistent in order to be a successful forex trader.
Greed is poison
ใน
นักเทรดมือใหม่
Apr 15, 2022 at 06:23
Greed is never a good friend if one wants to grow and succeed as a trader. But sadly, the forex market is full of greedy people rather than genuine strategic traders. Yes, we all are here for the money. But it should not be the sole goal when you decide to become a forex trader. There are plenty of other ideas to make money and that too avoiding all the risk elements that comes with forex. But if you decided to choose this path it should be out of the passion and joy of trading. If you treat trading like a money tree then you will never be able to prosper. You should keep the monetary aspect i...
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