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TradeWizards
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Psychology
in
New Traders
Dec 17, 2024 at 14:30
I do very little manual trading. I have been using my own robots for about 5 yearsI am a programmer and I also sell some of my products on the MQL5 site
Psychology
in
New Traders
Dec 17, 2024 at 05:21
There are several ways to control and override this:1- Creating conditions for emotional and psychological control.2- Test and practice for mastery and self-confidence so that fear and greed disappear.3- Use robots and algorithms instead of personal trading.4- use signals and experts.If you can't find a way to control your emotions when trading, you're doomed to fail in the long run.
Psychology
in
New Traders
Dec 17, 2024 at 05:14
Creating a mental balance is very important for traders.But prevention is always better than getting into a crisis. If you have a crisis in a row, it will be difficult to mentally control it.
Stress, anxiety and motivation.
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General
Dec 11, 2024 at 07:08
I am a trader and MQL programmer and have been working in this field for 10 years.I am just telling my personal experienceThere are several ways:The hardest way is to control your mind and master risk management when problems arise. This is very difficult.The second way is to use risk and capital management tools that create alerts and forced stops on your account and performance. You set them before you start trading and in normal mode, not when you trade.The third way is to convert your strategy or a strong strategy into an Expert Advisor that only executes the strategy without emotion and ...
Psychology
in
New Traders
Dec 10, 2024 at 06:39
You're absolutely right.But there are tools to manage and control emotions, such as:1- Expert Advisors that just execute the strategy without emotion and have no human error, they just need to be chosen correctly2- Risk management panels that prevent you from taking positions beyond your financial means
Mt5 vs Mt4
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General
Dec 09, 2024 at 05:42
The MT5 platform is much more powerful in terms of both computational cores and liquidity.It offers a lot of analytical tools and data for strategy testing, which is great.The speed of order execution is very high, which is great for scalpers and expert advisors.It also usually has lower spreads.
Psychology
in
New Traders
Dec 05, 2024 at 06:03
Most traders lose because of their emotional and mental control during profit and loss.Someone who cannot control their fear and greed should not be involved in manual trading.The best way to eliminate this situation is to use algorithmic patterns that have zero emotional and human error and just execute your strategy.
Stress, anxiety and motivation.
in
General
Dec 04, 2024 at 05:03
This is true to some extent, but if your profits are too small in the long run, the motivation to continue is lost and you may not continue.The volumes should be proportional to your capital and principled risk management.
Mt5 vs Mt4
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General
Nov 25, 2024 at 06:20
Do you get different results with the same strategy in MetaTrader 4 and 5?This amount of difference is very surprising to me. Because the difference between the two platforms is only in the servers and users and the charts are not fundamentally different.Of course I agree that MetaTrader 5 is better and more dynamic.
Psychology
in
New Traders
Nov 24, 2024 at 05:07
You are correct to some extent.But there are many ways to control and ignore this:1- Create emotional and psychological control conditions.2- Test and practice a lot for mastery and confidence until fear and greed disappear.3- Use robots and algorithms instead of personal trading.4- Use signals and experts.If you can't find a way to control your emotions when trading, you are doomed to failure in the long run.I personally recommend ways 3 and 4.Visit my profile to see the results.
Mt5 vs Mt4
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General
Nov 23, 2024 at 06:20
Dear friend, I work with both platforms. Making a profit is related to your strategy first and secondly to the account type and the speed of your broker's servers.In Meta5, the speed and types of accounts and spreads are less, so it may work better.But Meta4 is simpler and easier to work with.For programmers like our team who write strategies, there is no difference and a strategy has similar results on both platforms. Only in real accounts, the account type (ECN & ECN_pro ) must be selected and the broker server ping must be paid attention to.I hope you are always profitable.
How to become emotionless in forex?
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General
Nov 22, 2024 at 08:16
Dear friends, emotions, fear and stress during trading are natural and instead of suppressing and ignoring them, you should find a way to deal with them.1- Create a calm environment for trading.2- Do not trade during emotional times (happy and sad).3- Work with a demo account until you have fully mastered your strategy.4- Trade with a minimum volume in a real account for several months so that your mind gets used to it.5- Use the experiences and signals of successful traders along with trading.6- Backtest successful trading patterns several times.😀😁
How to make much profits
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General
Nov 21, 2024 at 18:55
Focusing on personal strategy and one area of work is great and produces amazing results
Stress, anxiety and motivation.
in
General
Nov 21, 2024 at 05:35
Yes, and your opinion is correct.But you have to find a solution for these mental states to be successful in the market.In my opinion, along with continuous training and finding a personal strategy, you should also use the capabilities and successful results of others.
Stress, anxiety and motivation.
in
General
Nov 19, 2024 at 07:09
It is normal to have stress during trading, but it is very important to control it. Fear and greed can destroy you.Using predetermined patterns and planning for different market conditions can save you.Before starting to trade, backtest the strategy to be comfortable in the real market and watch. Understanding these components helps traders choose the right strategy and make informed decisions about possible future moves.You can take a backtest from "TW Volume Signal Pro" before using it and enjoy the results.
XAUUSD Downfall?
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General
Nov 11, 2024 at 05:30
Your analysis is correct and the trend of gold will probably be declining, but it will remain attractive for investors considering the geopolitical conditions.But gold scalpers can make great profit from TW Volume Signal in any situation.
Trading Psychology: The Key to Success in Forex
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General
Nov 09, 2024 at 04:55
Dear friend, in order to succeed in trading, you must master your emotions and greed. In this field, you can read the books of " Mark Douglas" .But the next step is risk management and having a good strategy that you can test from TW Trend Sniper and TW Volume Signal.
Not gambling
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General
Nov 06, 2024 at 08:35
The forex market is not a gambling place. I wonder how you can play with your capital! Gamblers will definitely lose their money sooner or later.But there are methods in gambling that can be used with changes in the financial markets, such as Grid, Martingale, etc.But there is nothing better than having a good entry point and SL&TPYou can use TW Trend Sniper indicator, SL and TPs or you can do martingale.
IS VIP Third EA
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Strategies
Nov 04, 2024 at 16:10
Our team has been working with different market strategies for years. You can test any strategy and robot and check the results.
IS_Purple_EA
in
Strategies
Nov 04, 2024 at 16:09
Our team has been working with different market strategies for years. You can test any strategy and robot and check the results.
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