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How to know, which brokers is the best in forex?
v
Obecné
Apr 20, 2021 at 06:49
Definitely do your due diligence. Lots of sites out there that have reviews. Also trial it first through demo and then live.
Most traders are impatient
v
Obecné
Apr 18, 2021 at 11:42
Patience is so key and just being disciplined will get you further than the most expensive strategy you can find for sure
Scalping is good
v
Obecné
Apr 10, 2021 at 12:14
Can be risky but it can be very profitable if you stick to a set criteria and rules. I love scalping but it also suits my personality as i like some action lol
I NEED A FOREX GROUP
v
Obecné
Apr 10, 2021 at 12:14
I would agree with the above and also i would say to make sure you don't join too many. Find a group that suits your analysis and make sure they are traders and not marketers. Once you do it can be very helpful
Prop-Quant
v
Obecné
Apr 10, 2021 at 12:12
Havent heard of them either. Please be very careful. Do your full due diligence before you invest anything
HEAD AND SHOULDERS
v
Obecné
Apr 09, 2021 at 13:43
Its a measures move so you measure from the head to the neckline and then whatever that is that's your TP pip target
Is trading for living possible?
v
Obecné
Apr 09, 2021 at 13:42
Completely agree with this. You need to treat trading like a business and take time. Dedication is the most important thing alongside discipline
Choosing a pair
v
Obecné
Apr 09, 2021 at 13:40
Very true. It depends on what style of trading you're doing too if you're scalping a fast pair is good if youre swinging a trending pair is best
Both fundamental and technical
v
Obecné
Apr 09, 2021 at 13:39
I use fundamental as market drivers and use technicals for entries and exits
The demo account is the master
v
Obecné
Mar 27, 2021 at 14:32
Yes i agree completely. It is perfect for trialling a strategy and for working on entries. You will need to go live to help with psychology though
What is fast forex scalping?
v
Obecné
Mar 27, 2021 at 14:32
Yeah me too scalping by nature is quick so all are within a short space of time.
Basic mistake we make
v
Obecné
Mar 27, 2021 at 14:30
Yes for sure. Losses are a part of the process so they should not effect you. Thats the skill and it will come with experience.
Over-trading is a very harmful
v
Obecné
Mar 19, 2021 at 08:22
So true. Its key to walk away when you hit your target. Structure and a plan are so important. Plan your work and work your plan
Profit targeting
v
Obecné
Mar 19, 2021 at 08:21
Your profit target should be fluid. Check the markets, check the fundamentals check your risk to reward. All are important
HEAD AND SHOULDERS
v
Obecné
Mar 19, 2021 at 08:18
They are reversal patterns. Search it on Youtube
Only a small percentage
v
Obecné
Mar 19, 2021 at 08:18
Discipline is the key for me.
Choosing a pair
v
Obecné
Mar 13, 2021 at 17:20
Completely agree. :)
The beauty of forex trading
v
Obecné
Mar 13, 2021 at 17:19
Yes some day soon ill be sitting in the sun trading :) Im from Ireland the sun doesnt come here often lol
It has been said that
v
Obecné
Mar 13, 2021 at 17:18
Completely agree. Perfection is not possible i might add. One of the biggest things ive learned is to incorporate mistakes into my trading plan. They will always happen
Money Management
v
Noví obchodníci
Mar 06, 2021 at 13:43
1% risk of my capital. My trades are looking to gain 3/4/5R so it can still be worth my while. Good risk to reward is key.
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