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You don't need to be

Genom UweMoench Jun 27, 2021 at 10:20

Price Action Trading System Traders can study this. There is an idea about risk ratio. Generally speaking, if traders trade at a 1: 2 or 1: 3 risk ratio, their profit percentage is higher than the loss.

20 Replies 1,266 Utsikter

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Forex is not a bad business

Genom Michihito Nov 22, 2020 at 07:04

I think forex gets a bad reputation because of all the scammers out there, along with the influencers that trick newbies into signing up with little knowledge and blowing their account.

32 Replies 2,023 Utsikter

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Complicated strategy is not good

Genom UweMoench Jan 10, 2021 at 16:50

@sharabela yes the simpler is the better when it comes to forex trading strategy. Some people like complicated strategy. That's okay if they are doing good with it.

28 Replies 1,983 Utsikter

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what kind of spreads do you look in a broker

Genom richardmarcus Nov 27, 2020 at 04:39

Happy if I get 0.0 or 0.1 but pretty much satisfied as most of the time I get 0.2 to 0.5 on major pairs with fxview.

61 Replies 3,414 Utsikter

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Own Hardware vs VPS?

Genom Ian81 Oct 23, 2021 at 05:38

Thanks @bl4ckp3n9u1n. I have an older Dell R310 server (16gb ram, 2 psu, Xeon X3440 @ 2.53ghz, Win2019) running mine, way overkill, but figured this was the cost effective solution compared to a VPS. I do a similar strategy as yours, let it and the EA run 24/7, doing the required maintenance & patching on weekends. Thanks for the URL, the site ...

2 Replies 435 Utsikter

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New MAE / MFE feature

Genom kslay Mar 19, 2013 at 16:10

First of all thanks to Arcforex for the explanation. Now I understand what is about. That's strange there is no any explanation on the vendor site even in help topics. Secondly about the value of such analysis. It reflects real risk taken to real reward/loss fixed for each trade. The best trades are where the risk is 0 (it can not be less than ...

5 Replies 2,463 Utsikter

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HOW TO GET STARTED WITH AUTOMATE TRADING IN FOREX MARKETS

Genom DivvyGala Oct 20, 2021 at 08:08

CAN SOMEONE PLEASE HELP ME , I WANT TO GET STARTED WITH MAKING BOTS/EA'S .PLEASE GOD BLESS YOU.THANKS😄

0 Replies 446 Utsikter

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what is biggest pip trade you have seen?

Genom rickyb Aug 02, 2019 at 03:39

That is quite fine, but yes you can always change the strategy.

52 Replies 2,716 Utsikter

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Indicators are utilized

Genom Michihito Nov 01, 2020 at 07:08

Indicators are useful if you can use them properly.

1 Replies 325 Utsikter

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A good strategy can

Genom UweMoench Nov 08, 2020 at 12:25

A good strategy can make you rich in this market.

20 Replies 1,321 Utsikter

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Discipline is the most basic thing

Genom UweMoench Oct 28, 2020 at 12:51

Yes, discipline is the most basic thing to consider when you are in forex trading. It’s important to be able to stick to a trading plan and that needs discipline.

29 Replies 1,872 Utsikter

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Volume

Genom Keldrilh Oct 15, 2021 at 18:49

Hello,I have a question.In MT4 in the history center there is the column volume, last one on the right.The data in the screenshot are those of IC Markets broker 1 minute candles on USTEC.How to read that volume number?I mean, for example, in the first lines it says 28.Is that 28 lots? 28.000 lots? 28 millions lots? 28 million euro?If anybody knows ...

0 Replies 190 Utsikter

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Traders view

Genom snapdragon1970 Sep 19, 2021 at 18:10

The quality and profitability of trading really directly depends on your preparedness.

10 Replies 818 Utsikter

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Can someone explain Z-score to me....

Genom forexproptrader Dec 23, 2011 at 16:10

Working method. A bit complicated in my opinion. But working is the main thing.

8 Replies 3,829 Utsikter

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Market Update 12/7/21

Genom ACYWillllllll Jul 12, 2021 at 00:55

I like these kinds of reviews because they give you a basic reference point - that's really important.

1 Replies 481 Utsikter

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RICE trading candlestick basic indicator for Forex trading?

Genom for_xlive Oct 07, 2021 at 05:16

What causes more forex traders to go bankrupt? The reason is that the most basic thing is the candlestick indicator which was originally not for forex trading, but for trading RICE 😁😁😁 Rice trading is of course very different from forex trading. Rice prices DO NOT have a correlation price formula, but forex prices MUST move ...

0 Replies 446 Utsikter

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My psychology - my personality development system's cornerstones

Genom forex_trader_81857 Jan 07, 2013 at 08:59

This post is great. I really enjoyed reading it because it is really precise and sensible. Surely, we should use our pains in order to develop and improve out trading strategies. Thinking-about-thinking is very important because every trading strategy should always undergo some alterations because of the fact that the market is extremely dynamic an...

4 Replies 1,679 Utsikter

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modern economy crumble. what will happen next?

Genom Alexander14111 May 25, 2020 at 11:26

That is an arguable thing because there are no people who can see the future. Everything might happen and it is impossible to prepare for it, I am talking about the black swans. They are game changers and affect the situation dramatically. So, my position is that it is early to say about crisis in such a situation when a single event can lead to di...

39 Replies 2,728 Utsikter

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Palm Oil Prices Hit Record High

Genom mdsh7864 Oct 05, 2021 at 12:54

Malaysian palm oil futures continued to rise and hit a record high of MYR 4,742 per tonne in October, after gaining 8% in September, amid tight supply and prospects of strong demand. Palm oil inventories in Malaysia are seen falling in September from a 14-month peak in August, due to rising exports mainly to India ahead of the festival season. At t...

0 Replies 544 Utsikter

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Marginal trade

Genom Marinajett Oct 05, 2021 at 08:46

📊💸Margin trade Margin trading is the execution of transactions on the exchange using leverage. It represents the conclusion of transactions using borrowed funds issued against the security of a certain amount-margin 📌The leverage itself ("leverage") is a service from a broker, which is a loan provided to a trader to conclude a transac...

0 Replies 241 Utsikter

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