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Harmonics: Did you know there are several ways to use harmonics?

Genom FaintToasted May 16, 2022 at 06:54

Harmonics are based on the Elliott Wave Theory and they are patterns that develop based on reversal zones that sum up into a final potential reversal zone called point D. Point "D" is the expectation of a reversal and entry point. The margin of error is given as +-5%. This is what gives you stop loss limits. . The take profits areas are b...

2 Replies 554 Utsikter

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Various Reasons why ppl use a lot of brokers.

Genom saurabhsuman003 Aug 06, 2020 at 10:41

I think we should trade with only one broker if it suits our trading style.

40 Replies 2,631 Utsikter

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How much money can I expect to make from trading?

Genom cashonmymind Jan 22, 2021 at 17:37

No one can exactly predict how much profits they are going to make. Every trader has their own way of trading and you can only make profits when you have trading skills. Also I think you should be more focused on learning and understanding the market. Once you master all the skills, you can start making money.

53 Replies 3,070 Utsikter

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Least correlation with EURUSD ?

Genom MohammadNoa May 01, 2022 at 08:27

The dollar index is near the exact mirror image of EURUSD. Watching the two side by side can be very useful. When they fall out of sync there is normally a strong reaction to bring them back in line.

2 Replies 432 Utsikter

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Forex market

Genom obarone May 01, 2022 at 08:27

The primary reason why individuals join forex trading forums is to receive free rewards. If traders enjoy writing about trading or participating in trading articles, trading forums are the place to be since they can earn money. Why does this happen? Through the forex bonus program, traders can make money by publishing articles, posts, or anything e...

4 Replies 638 Utsikter

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Fear is the greatest reason

Genom Michihito Mar 02, 2021 at 04:58

Agreed, fear is the greatest reason of most of the failures in forex trading.

50 Replies 2,989 Utsikter

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Trades that are as likely and as long as possible. Interested?

Genom NewCityTrader Apr 14, 2022 at 06:31

Fantastic post once we start thinking mathematically we are nearly there. It really is just a pattern recognition numbers game

1 Replies 446 Utsikter

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Be productive

Genom Michihito Oct 25, 2020 at 14:33

I agree, experience cant be bought or there is no shortcut to it. It is the one thing all traders have to go through. I am still in the experience learning stage but it is definitely the best teacher

33 Replies 1,821 Utsikter

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Z-Score (Probability):

Genom RanjanaDeSilva Apr 11, 2022 at 17:14

can anyone explain me what does my Z-Score (Probability): -18.43 (99.99%) mean?

0 Replies 312 Utsikter

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Nor buy stock online Uganda rural health insurance price $9.56

Genom Nsemalrooh Apr 10, 2022 at 22:12

Where is the answer to the question what is the minimal price Uganda rural health insurance of i want Monthly $0.02 dividend! Owerri, Nigeria

0 Replies 135 Utsikter

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Making consistent money

Genom UweMoench Jan 17, 2021 at 11:40

Make learning your top priority, I assure you of success in trading. Even though consistent money making becomes tough sometimes, however, it is possible if traders avoid trading when market is volatile. So, traders should focus on learning as much as possible.

62 Replies 3,499 Utsikter

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Fun on MyfxBook

Genom forex_trader_249603 Apr 03, 2016 at 15:02

A good idea.

374 Replies 16,251 Utsikter

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Maybe the losses you're taking have something in common...

Genom NewCityTrader Apr 04, 2022 at 13:28

Even if such trades continue consistently many times, this will give a chance to correct this mistake. But if you change the rules and conditions for each loss, how can you understand where the error is hidden? I agree with you and also agree on the issue of a strict attitude to the trading strategy.

1 Replies 465 Utsikter

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Find your Trading Coach / Mentor

Genom munainathan Mar 30, 2022 at 07:04

Getting a mentor can be helpful but there are a lot of instances where it isn't. First of all, many mentors maybe failed traders themselves. Second, you put even more money in by investing in said mentor so if you lose everything you also have to add that fee on top of it. Third, it seems like somewhat of a waste to me considering all the neede...

3 Replies 523 Utsikter

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How much Important of Leverage for Trading

Genom Fxanbu Aug 25, 2020 at 11:39

Leverage can be extreme;y useful for those who know hoe to use and when to use. By using leverage we are increasing the risk exposure so beginner should use as less as possible.

56 Replies 3,149 Utsikter

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How to improve the probability and length of your trades

Genom NewCityTrader Mar 31, 2022 at 11:48

Mathematically, the outcome of a system over a long period of time is the expected value. Therefore, we are interested in trades that are as likely and as long as possible, and we want losses to be as unlikely and as small as possible. That's what the math says. And that's what the task is derived from. Solving it shows a clear direction fo...

0 Replies 378 Utsikter

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download all trading activity history

Genom NRotunda Mar 28, 2022 at 17:14

Is there a way to download all trading activity history from myfxbook? I want to import it all into excel.

0 Replies 495 Utsikter

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Alternative Data gives traders and funds the biggest advantage today, not AI

Genom NewCityTrader Mar 27, 2022 at 07:02

A fierce battle is underway for better profits, reduced risk and faster trades. It's Alternative Data that gives traders and funds the biggest advantage today, not AI. The time of AI dominance is yet to come.Alternative Data is a revolution in trading today more important than the Artificial Intelligence revolution. They are able to improve vir...

0 Replies 365 Utsikter

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Weltrade

Genom manju96322 Mar 25, 2022 at 04:58

Best ecn broker ever i seen i have been there client from 2014 30 minutes withdrawal 0 spreads on pro account promotions like spins astrocard . I get fastest withdrawal to skrill in industry

0 Replies 148 Utsikter

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Greed, the destruction

Genom Michihito Nov 02, 2020 at 12:37

So true, I know a trader who used such a high risk reward ratios in his trading; he almost lost 20K and till now he is following that dangerous way! There is no sustainable way to test your luck!

39 Replies 2,053 Utsikter

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