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ClausBonne
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How to trade effectively in forex?
Yeni Traderlar
içinde
Mar 22, 2023 at 16:54
No there is no one strategy. That is impossible to create.However some tools are handy : Fib levels 20, 50, 200 ema Some Divergence indicator (not so important)Some rules could be :Above 200 ema - BuysBelow 200 ema - SellsOnly trade the 1 hour mark ( usually most volatile around the last 10min and first)
Money Management Tips
Genel
içinde
Mar 22, 2023 at 16:48
Well.I´m trading over 100k accounts and rarely i go above 1 lot. Usually 0.30 and scale up if the trade is going my way. With a 500 pip move that is well above 1000$ in profit. But my loss is tiny.I do scalp the stock market, again less than 200 shares or about. This is how we stay in the game
Is Copy Trading profitable?
Genel
içinde
Mar 22, 2023 at 16:44
I think it is ok. If you dont have time to follow the markets and structure/price action. - Perhaps with your own analysis in conjunctionThe problem is not your entry and exit and signals. Everyone can enter a market and make profit. It is 50/50 for beginners.So, the solution.Cut your loosing trades Let your winners go That is it. Even with a 40% hit rate, your RR should be massive.
Does forex strategies usually work>
Genel
içinde
Mar 22, 2023 at 13:42
Yes. But do not confuse strategies with indicators. Market structure and price action is king.
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