for me i believe candlesticks gain more importance as you move to higher time frames thats why its always important to look at daily and weekly chart even months charts and trade with the prevailing...
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for me i believe candlesticks gain more importance as you move to higher time frames thats why its always important to look at daily and weekly chart even months charts and trade with the prevailing...
for me i have seen in competitions where number one has 4000% i really wonder how do they do it . thats insane and they are manual trading . Gosh . i barely make 100% on a good month yet they make so...
entry is as important as exit ans exit is as important as entry .when you are in a profitable trade those profits are just paper profits until you close the trade . but we cannot capture each and...
the thing about 200 sma is that very many people are looking at it even the big boys who move the market and thus it becomes very important but like all moving averages its suicidal to use it on...
whenever am trading i always like to convince myself that i can trade another lot ontop of the lots am trading . its always good to prove to your self you can trade big lots . otherwise you might...
No . i donot think there's a strategy that can win 100% . becasue all strategies really are man made can can get into errors so i think if you have a decent return using your strategy then stick to...
whatever trading strategy that you use remember to always know the trend . and also know the big picture of where price has been and also where its heading . this will remove 90% of the headache of...
there's nothing volatile that news generated events . price really shoots up during volatile news i think news trading is for those who have a high risk taking capability because you never know the...
most of the traders i know use indicators they they have developed. i know it mightn't make sense because not all of us are good at coding indicators but thats my experience . but also all the...
trailing stops are nice but when and how do you put trailing stops ? i strongly believe that trailing stops should be use in trending markets and also be wide enough to accommodate corrections and...
One thing about scalping is that it exposes you to dangerous trades because you are constantly trading and getting in and out of positions . for me swing trading using Fibonacci levels is the way to...
there will always be risks in forex trading . because the market can move against you but if we have risk why isit that some traders return over 4000% in competitions for me i believe its because...
its one thing to make profit in forex and its another one to retain them . me i believe that is what makes traders tick. we should also be very keep in retaining our profits and nor returning them to...
one thing that its good to keep in mind is that the trend is your friend till the end . never trade against the trend . to say the truth the most time i made loss wasn't because my strategy was bad...
a margin call is very demoralizing the very fact you have lost your money is enough to make you quite and that's why people blow up their account and quit forex trading . for me its just another...
i have heard people say that forex market all newbies must blow their account and i say that rubbish and not true . if you are starting out and haven't blown your account its not a must you blow your...
well i think instaforex is very generous to give us very many forex contest there's no other fx broker with as many contest as instaforex i think instaforex is a very rich broker . forex...
bi think if i were to advice on the actual amount then i would say you trade with 100$ to start with and use 0.1 lots with a leverage of 1:500 . that's sufficient and always know the trend to trade ....
although i donot put too much emphasis on indicators i will always look at them before i trade always but yet again why should i trade without indicator . that are like a map that will guide you to...
if you want to quite forex after a long time trading you should ask yourself this ' why have you been holding for so long" better to hold on because you have what most donot have and that experience...
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