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profits in forex trading
v
Obecné
Jul 11, 2021 at 15:13
For sure i agree with above most dont get to the profit stage as they dont handle losses well
To be a successful trader
v
Obecné
Jun 26, 2021 at 16:15
If you have proper risk management it isn't an issue. Its just doing the right things and being persistent
Are you a full time trader?
v
Obecné
Jun 26, 2021 at 16:14
Im semi professional i wont go fully until i have a years salary saved to prevent pressure
Indicators are reliable but
v
Obecné
Jun 19, 2021 at 10:16
Wicks are unreliable as they contain broker spreads. Most will be different on different brokers. Bodies never change
How long it takes to learn
v
Obecné
Jun 19, 2021 at 10:12
Ive not found many if any consistently profitable after months. Mostly its years.
Risky business
v
Obecné
Jun 19, 2021 at 10:11
It can be risky but if you're using proper risk management risking 1% and having reward of 2/3R
There is a proverb that practice
v
Obecné
May 22, 2021 at 15:59
Completely agree. Its so fitting
There is no way to take revenge
v
Obecné
May 22, 2021 at 15:58
So true once you start to trade to 'get back at the market' youre in trouble youre not going in because of rules youre going in because of emotion
RTS AI EA (
[email protected]
)
v
Strategie
May 15, 2021 at 14:12
Interesting, ill be keeping an eye on this
Doji
v
Vzory
May 15, 2021 at 14:12
Doji is key, it shows that order flow is beginning to switch from one to the other. It shows how much buying or selling pressure is at a specific time
Hammer
v
Vzory
May 15, 2021 at 14:10
Ive always like this candle pattern. The logic behind it is sound. The pressure from either side of the market has to be respected
Risk/Reward Ration-Why you should master the Act.
v
Obecné
May 09, 2021 at 10:25
Completely agree, it will make sure you are profitable. Its so important to have a positive RR
It's very common
v
Obecné
May 09, 2021 at 10:21
I agree, i use higher time frames to gauge the overall trend of the instrument then i use smaller timeframes for my entry
Two important book about trading psychology
v
Obecné
May 09, 2021 at 10:20
Great books. I have read and listened to these lots of times.
Forex your second source of income
v
Obecné
May 06, 2021 at 12:55
Completely agree and then psychology comes with experience. Persistence is the biggest key
In trading consistency is important
v
Obecné
May 01, 2021 at 14:32
Completely agree. Its the cornerstone of anyone that is successful. No benefit in one large successful trade have to have small consistent wins
The Most Traded Currency Pairs in Forex
v
Obecné
May 01, 2021 at 14:31
I like this and GU. Both are nice and steady in their movement for the most part
Only a small percentage
v
Obecné
Apr 27, 2021 at 07:21
This is so true. If you have the patience to stick with this it will be life changing but like anything worth doing it isnt a straight forward road
Signal providing website.
v
Obecné
Apr 27, 2021 at 07:19
I feel signals can only get you so far. It is important to learn the skill of trading if the signal provider goes you are at the mercy of another who may not be as good. But as LukeRachel has said have a look at the list on here
Forex game is not business
v
Obecné
Apr 20, 2021 at 06:50
Completely agree. You need to find a set of rules that have the statistical edge in your favour. Once you execute and control your emotions you will be profitable
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