in MetaTrader 4, you can find the indicator "Layers", which I thought was pretty good in the predicted trend up or down. Based on my experience, accuracy up to 70%. But you better use the TF 15...
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in MetaTrader 4, you can find the indicator "Layers", which I thought was pretty good in the predicted trend up or down. Based on my experience, accuracy up to 70%. But you better use the TF 15...
because the point is, no analysis and prediction 100% correct. There is always a possibility with the fact that the prediction is inversely proportional. Therefore, if you do not use stop loss,...
if I have a large capital, I prefer to do long term trading, but at this time because I have a small capital, I prefer the short term trading. But scalping is not well, just do intraday trading on...
it is quite difficult to be successful in trading, especially if we have a small capital. I think small-cap traders will tend to trade in large quantities, with the goal they wanted to raise the...
I love the candle stick. Because it shows every transaction buy and sell well. I was able to predict the price movement after seeing the candlestick, and combined with MACD Indicator. For the chart,...
each weekday, excluding holidays like Christmas and the international new year, is a good day for trading. In any case, it is trading well. So, it would not hurt if you want to take advantage of...
You can use the iPhone, Blackberry, any smartphone with Android operating system, or you can also use a tablet PC. But most of all, I think the easiest in terms of installation is the iPhone and...
Check how many days you are able to manage those funds, We should not think about the profits at starting stage, if you able manage for more than one month then it says you have some good skills.
I decide exit based on Time frame which i am using, if i am using H4 for analysis then TP is between 50-100pips, if its Daily time frame then TP is more than 100pips.
Thats better thing some times when i loss i do same, if we are watching market then mind says to open some more trades to recover loss but its not at all a good idea.
Those people deal with some huge amount as capital then their risk is either 1%of capital on one trade or might be less than this, But for now i have small funds thats why to grow well i am using 3%.
Using signals is not a good idea in my opinion they should learn and should made some Analise to know where to enter and where to exit, EUR/USD is ok, but JPY is very volatile newbies might not...
Yes main difficulty is deciding entry and exit points, all these analysis like Candles stick and trend line all are to decide Entry, One should learn things to be a successful trader.
I also saw such kind of losses, after that i concentrated on learning part and now able to make some good prediction technically and also fundamentally, it takes time to be a good trader we should...
Thats better, once we feel our analysis is going correct way then we can start real trading with some small lot, if we feel going well then we can increase investment.
For my point of view, eurusd and usdjpy is very good pair for all the newbies, as they are easy to predict as compared to other pairs and we can find many signal of this pairs in famous website.
10% is also very risky one , I am planning for a management of 3% per trade so that i have some good chances even i loss some 10 trades, if we plan 10% per trade then account will become empty in 10...
Now i am only on the way to develop a good money management and i will stick to it. Once we avoid those rules then its very risky, we may loose account if we do like that for few days.
In another account they will conduct some contests for people thats also demo account thats why most of good traders will try these demo contest account to check their ability.
Nice thing, But in my opinion emotions wll get controlled when we do some practice in tarding thats why we see some less emotions play in experienced trader. If we stick to money management rules...
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