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New Traders Forum

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Don’t Let Your Emotions Dictate Your Forex Trading

By forex_trader_1996705 Mar 02, 2021 at 15:39

Emotions do not allow traders to be rational while trading. Traders should not allow their emotions to overpower them and affect their trading decisions.

55 Replies 3,190 Skatījumi

Pēdējais ieraksts no jambeau May 20, 2022 at 03:53

Which indicator you use most for your trading?

By lanzu Apr 27, 2020 at 13:26

mostly prefer price action even though i am not expert about this.

53 Replies 3,489 Skatījumi

Pēdējais ieraksts no AndrewMcCalam54 May 19, 2022 at 08:47

[TIPS] How to choose the best Forex trading system?

By NewCityTrader May 13, 2022 at 15:09

If you have problems with choosing a forex system right for you, here’s some tips. Or, if you change systems often, here is the answer:1. Ask yourself: is trading really for you? Forex trading is a profession, not suitable for every personality. Just like any other job it simply does not have to be your thing. And that is ok.2. Think which as...

0 Replies 386 Skatījumi

Pēdējais ieraksts no NewCityTrader May 13, 2022 at 15:09

Trading 100 Lots on Gold Spot (XauUsd)

By forex_trader_479285 Apr 22, 2022 at 20:29

Has anyone here traded 100 Lots on Gold Spot (XauUsd), through a Retail Broker? I wanted to know the following.(1) Would the Trade execution get Filled Instantly (during London and New York Hours)?(2) When you close the trade, is it closed instantly? (3) Can Retail Brokers such as IC Markets handle such large orders? I’m only interested from...

0 Replies 453 Skatījumi

Pēdējais ieraksts no forex_trader_479285 Apr 22, 2022 at 20:29

97% win rate 230+ plus trades, 3yr experience.

By shaysabranfiji Mar 01, 2022 at 06:39

rags to riches story...college dropout to self made millionaire...thats what i want as my title in a few years cuz the way im trading the math is accurate that within a few years ill be rich.

0 Replies 438 Skatījumi

Pēdējais ieraksts no shaysabranfiji Mar 01, 2022 at 06:39

How Attractive are Forex Day Trading Strategies?

By zhsy Feb 24, 2022 at 08:55

They certainly have more appeal than longterm id say the prospects of making daily profits certainly appeal to the new trader. Im in the business of playing the long game thinking in terms of months/weeks as opposed to days

2 Replies 551 Skatījumi

Pēdējais ieraksts no Jungle78 Feb 28, 2022 at 20:05

Manual is best

By mattkw174 May 11, 2011 at 07:02

I agree that manual trading makes you the master of your trades. But you can’t keep up with the market competition when you know there are traders who are using bots that are getting profits even if the market is moving way too rapidly.

37 Replies 4,952 Skatījumi

Pēdējais ieraksts no davemack Feb 23, 2022 at 04:48

Steps to Mental Success in Trading

By NzeCapitalTrades Aug 02, 2020 at 04:50

Mental success in trading is a subject of preoccupation among many professional traders. One should never underestimate the effects of stress and emotions in trading.

50 Replies 3,340 Skatījumi

Pēdējais ieraksts no miguelcaron Feb 16, 2022 at 07:06

Anyone who trades more than 15 currency pairs at a time?

By tolgupde Mar 05, 2014 at 07:02

The best advice would be to start with one pairs and get used to its behavior and characteristics.

103 Replies 6,125 Skatījumi

Pēdējais ieraksts no LyudmilLukanov Feb 06, 2022 at 20:13

GBP/USD

By ChangGoh Mar 29, 2017 at 06:39

I really hate this currency pair and I am telling this based on my demo trading experience. It’s so scary for me to imagine trading this stuff on a real account. For me it’s hard to trade. I usually fail to enter the market properly trading this pair. I don’t know, maybe I’m just psychologically incompatible with this asset.

5 Replies 857 Skatījumi

Pēdējais ieraksts no Pietro_Seitz Feb 05, 2022 at 12:43

Expert Advisors TimeZone

By holguinmora Feb 03, 2022 at 16:17

Hi, I´m looking at this Ea but not sure in which time zone the trades where made / upload?Any one knows where I can find the TimeZone from this and other accounts and replicate some trades in other platforms as TradingView or Mt4 Mt5?

0 Replies 484 Skatījumi

Pēdējais ieraksts no holguinmora Feb 03, 2022 at 16:17

Why not trade your own money?

By wilfredoaa Sep 16, 2010 at 07:18

I know for sure that I will never dare to trade somebody’s money. I’m afraid of taking such huge responsibility. I know that I can’t guarantee anything. I’d better take responsibility for my own trades. It’s much better for me.

54 Replies 5,201 Skatījumi

Pēdējais ieraksts no ElsN55 Feb 03, 2022 at 14:38

newcomers trading habit

By Mohammadi Apr 22, 2020 at 15:07

I think that one of the worst trading habits is trading during consolidation. It’s so easy to lose money when trading during consolidation but many newcomers keep trying. Perhaps, there’s something attractive for them here.

71 Replies 4,287 Skatījumi

Pēdējais ieraksts no TomBrunt Feb 03, 2022 at 14:28

a good trading strategy

By Mohammadi Aug 23, 2019 at 09:15

right now i am trying to be skillful about price action trading strategy , using this effort in a demo account to see the performance how it works.

77 Replies 5,168 Skatījumi

Pēdējais ieraksts no AndrewMcCalam54 Feb 03, 2022 at 07:31

Successful trading

By Imamul Mar 01, 2019 at 13:34

You cannot be successful if you aren't a professional. Trading is not a profession. This means that you have the necessary skills and mindset to trade forex.

93 Replies 6,237 Skatījumi

Pēdējais ieraksts no Akasuki Feb 01, 2022 at 03:35

Beginner's Tips

By FxFTradingGroup Dec 24, 2018 at 15:09

If you're not making money with your own money, don't trade with money from other people. It can lead to double losses.

238 Replies 13,721 Skatījumi

Pēdējais ieraksts no UweMoench Jan 31, 2022 at 18:39

Swap free vs Commission based brokers

By Shawnlittle Jan 09, 2022 at 15:02

Most brokers charge a fee depending on the lot size of the trade, while some brokers do not, but there is markup in the spread.

7 Replies 910 Skatījumi

Pēdējais ieraksts no SofieAndreasen Jan 29, 2022 at 21:50

Demo of USD/GBP pair

By Rjengs Jan 29, 2022 at 16:39

Just beginning to get down to trading, I have gone through a couple of demo accounts for the USD/GBP exchange. I have all of the basics like the 2 AM Tuesday mornings time stamp, and the position and lot sizes. Most demo accounts allow you to start above $30k for practice. I discovered that I need the 'limit' order more than the 'stop ...

0 Replies 444 Skatījumi

Pēdējais ieraksts no Rjengs Jan 29, 2022 at 16:39

Mentorship

By AltitudeSIgnals Oct 07, 2020 at 09:08

I don't need a mentor actually. In my opinion, new traders have to explore trading activity on their own without help from the side, however everything depends on the cognitive abilities of each trader. Some traders understand that they digest information better, when it's explained by someone else, while others can easily learn the informa...

15 Replies 1,043 Skatījumi

Pēdējais ieraksts no Morlulune Jan 22, 2022 at 13:25

Forex trading for cash flow..

By camerongill Jun 19, 2017 at 07:36

I believe that forex trading can help lots of peopl to become financially independent, however it may take years of practicing and learning. If you don't have a particular sum of money per month which you can allocate specially for forex trading, then perhaps it will really take too much time for you to gain experience and knowledge. As a rule ...

4 Replies 780 Skatījumi

Pēdējais ieraksts no ArakQW Jan 20, 2022 at 20:41

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.