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Can forex trading make you rich ?
v
Obecné
Dec 11, 2018 at 14:25
Matts work above would be the way most professionals would use Fibs ,mostly weekly and monthly time frames as another confirmation tools ,as the last part of the trade decision ,play with the settings for best fit.
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Dec 06, 2018 at 18:09
5 nice trades to choose from ,that will keep you busy till close.
EUR/USD
v
Zkušení obchodníci
Dec 03, 2018 at 13:44
Eur/Gbp heading for a breakout ,will we see 90 this week ?
EUR/USD
v
Zkušení obchodníci
Dec 03, 2018 at 13:42
You usually don't miss much , it was a boring trade till that happened.
EUR/USD
v
Zkušení obchodníci
Dec 03, 2018 at 13:39
I took a quick short from 13350 down to 13270 ,1% profit , aware of the spike it had earlier on the hourly at 1320 was bullish, 1350 test next.
Emotion in Forex trading
v
Obecné
Dec 03, 2018 at 13:31
We saw what happened last week when Powell spoke, investors sold USD on fear ,emotions are always in the market , sometimes this can work against us and sometimes in our favor , support lines are subjective ,its what happens at that level is important , math's does work sometimes but not all the time because markets are irrational at times with levy flight.Good money management and risk reward as you have mentioned above are corner stones of professional trading. I read somewhere that most retail traders get there trades right most of the time it was the money management that killed there...
Emotion in Forex trading
v
Obecné
Nov 30, 2018 at 12:34
I think most people would come to the conclusion that I wasn't talking about emotions but my answer to the question about econ background.
Emotion in Forex trading
v
Obecné
Nov 29, 2018 at 18:32
Most day traders risk profile would give a pro a heart attack ,its there job to know more than retail ,its all they think about.
Emotion in Forex trading
v
Obecné
Nov 29, 2018 at 18:05
Why is my post linked to your answer, your talking about a completely different subject.
How many pips a day ?
v
Noví obchodníci
Nov 29, 2018 at 17:12
I worked on the professional side and pips were used for Forex but you knew what they were trading, percentages for the index and stocks ,percentages instead of cash values and R values for portfolios.
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Nov 28, 2018 at 18:29
It depends what it does around that level ,say it spiked through it 50 pips, that could be a sign of reversal ,other factors need to be considered with it.
EUR/USD
v
Zkušení obchodníci
Nov 28, 2018 at 17:17
Cheers Powell !
Emotion in Forex trading
v
Obecné
Nov 28, 2018 at 16:31
Its not something that is a must have but it sure does help, especially for longer trades.
How long on a demo account
v
Noví obchodníci
Nov 27, 2018 at 12:16
TA is the last step in the process of Trading , the market doesn't move because of some fib level or what ever indicator ,deals are made at prices that the professional side want ,supply and demand or political change ,if you don't understand the market structure its going to make it really difficult on yourself.
How long on a demo account
v
Noví obchodníci
Nov 23, 2018 at 13:21
If everyone is using the same indicators there is no edge , so you need to do something different to what 90% are doing , if you know most are using those indicators how can you use that to your advantage.
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Nov 23, 2018 at 13:10
Its actually worse than a Ponzi scheme.
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Nov 23, 2018 at 13:05
There are safer things to invest in ,why risk your money on Crypto , its kind of wishful thinking.
How long on a demo account
v
Noví obchodníci
Nov 22, 2018 at 18:24
I traded Stocks to begin with then I started to get interested in Forex, now I trade both ,did really well on Stocks that's why I still trade them ,did get a good education, Forex is much more difficult but it's not impossible once you understand it.
How long on a demo account
v
Noví obchodníci
Nov 21, 2018 at 18:23
A bank trader and a retail trader trade completely different ,knowing what way they trade puts you in a better place , there is professional training available from professionals just check their background.
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Nov 21, 2018 at 18:11
Only smart way to trade Bitcoin was at the start with an amount you can afford to lose same as any investment.
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