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Does emotion harm?
v
Obecné
Jul 15, 2022 at 15:22
I think it can be difficult to gain control of your emotions but key to give yourself some slack so many want to be robots but we're not. Its key to have patience with yourself learning and trading
There is no short cut
v
Obecné
Jul 13, 2022 at 14:39
Perseverance is the single most important quality. You need to have a strong will and determination to deal with the set backs and losses before success comes
Consistency is the brick
v
Obecné
Jul 13, 2022 at 14:37
This is key, its not about making money on every trade its making money in a long run based on probabilities and having an edge as you say
Any 500 to 1 leverage brokers left?
v
Obecné
Jul 13, 2022 at 14:36
There are lots including LonghornFX, IC Markets and Hugosway.
EURGBP set up ideas
v
Zkušení obchodníci
Jul 11, 2022 at 11:48
Will be looking to the UK this week to see what's happening. Might enter come the end of the week
USDJPY set up ideas and trades
v
Zkušení obchodníci
Jul 11, 2022 at 11:48
Nice analysis. ill be keeping on the sidelines for the moment just too much going on with JPY
5 Things I have learned in 5 years of trading!
v
Obecné
Jul 11, 2022 at 11:47
Discipline for me is the biggest factor. It's the one that can help you follow a trading plan and money management
Bitcoin (BTC) analysis thread
v
Krypto
Jul 11, 2022 at 11:46
I think so too, it wont take much for it to start pushing up again and sentiment to change. I dont think it will be a rapid rise though as lots dont have disposable income with inflation to jump back on board
Forex Courses
v
Noví obchodníci
Jun 28, 2022 at 12:37
So much free content out there now ICT has hours upon hours of content that's free on YT and then there's babypips. Only after learning the fundamentals should anyone pay to progress
The dark side of forex markets
v
Noví obchodníci
Jun 28, 2022 at 12:36
That's true for sure but it should all be in a trading plan where you have backtested the correct risk management and the TP. This should be then tested on demo before even going to a live account
Does forex strategies usually work>
v
Obecné
Jun 28, 2022 at 12:35
This is very true as well a trending 'system' wont work in market conditions showing consolidation and vice versa. There are lots of things that are needed to be successful in forex
EURGBP set up ideas
v
Zkušení obchodníci
Jun 25, 2022 at 16:08
Thats a nice uptrend you have spotted. Ill be looking on lower time frames for entries next week
USDJPY set up ideas and trades
v
Zkušení obchodníci
Jun 25, 2022 at 16:08
I like the look of the buy once the recent low has been swept. Ill keep an eye on this moving forward :)
5 Things I have learned in 5 years of trading!
v
Obecné
Jun 25, 2022 at 16:07
Very true this also has to be done on a live account after the appropriate practice on a demo account. Its hard to follow each step but one is as important as another
Bitcoin (BTC) analysis thread
v
Krypto
Jun 25, 2022 at 16:05
Instruments move up and down for sure so a 'negative' chart is just as good as a positive one to those that trade leverage ;) I think itll go to 12kish but it has stabilised around the 21k mark for the moment
What market is more chaotic: forex or stocks?
v
Obecné
Jun 22, 2022 at 16:48
Forex would be but that has its advantages too. Its all relative and in line with how you want to trade
Is Forex risky?
v
Obecné
Jun 22, 2022 at 16:47
Very true a business that you have to purchase large amounts of stock at a decent price so you can make a profit has the risk of having unsold stock and can sink a person or company quicker than forex
The fear of losing opportunity
v
Obecné
Jun 22, 2022 at 16:45
FOMO is one of the biggest aspects to overcome. There are so many opportunities its hard sometimes not to enter late too due to FOMO
Can you borrow money from the bank to trade forex?
v
Obecné
Jun 21, 2022 at 10:42
It will also put undue pressure on your trading knowing you have a payment to come and interest to pay. It's not worth it at all. Build slowly and learn the craft of trading
Mind or Machine? What’s Better For Forex Trading?
v
Obecné
Jun 21, 2022 at 10:40
I use both, i use my mind to pick the trades and then i use a trade manager to manage them
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