how long you in front of the chart?
i want to stay as less as possible. ideally, i will leave the market when i already get net profit for the day and come back again tomorrow.
this will help me to...
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how long you in front of the chart?
i want to stay as less as possible. ideally, i will leave the market when i already get net profit for the day and come back again tomorrow.
this will help me to...
in war, indeed, the ones who sacrifice their lives is considered as heroes.
but in this field, those who can protect their balance and make it grow even bigger is the heroes.
so it's a bit...
this forum is very useful cause someone can learn from numerous good traders from this forum.
it is good to know what other trader's point of view regarding certain things so it can expand our...
this currency pair has been on the uptrend mode.
on the daily side it has taken a good sum of pips up also.
this could be the early move up from this pair. the indicator that i use also confirms...
double lot is indeed double profit provided that the trader can use it appropriately because if not the trader will incur a double loss.
this is why it is wise to double your lot only when you...
trading opportunities come in various way so i don't want to seclude myself in a particular way.
i will enter the market when i see opportunity and then see what will happen.
if the market is...
i prefer to trade based on technical analysis because the expectation of the traders is reflected on the chart already.
however, there is no harm in understanding fundamental analysis too.
if you...
high loss is not caused by high leverage at all.
high leverage is only a tool to help traders not the main cause of it.
if the trader is not good no matter what kind of leverage that he use he will...
i think borrowing money to be used as a trading capital is a viable option provided that the trader himself is already good at making money from this market.
because in this business there are no...
the most important reason for the losses in trading is probably the fact that people rush in to enter their trade without proper preparation.
however, there are times where the market also make us...
monitoring the movement of several currency pairs is something not easy to do.
it takes a lot of focus and decisiveness to determine the market direction and a ton of things to make profit.
i think hedging can be used not only to prevent losses but also to prevent the profit from decreasing and then open the hedge when the trend resume.
but to do this means we must know the trend cycle...
yes. it really depend on our analysis.
but putting a tight and fixed level of pips behind our position on every trade is not a good choice.
if it's like 30 pips or 50 pips then it's a different...
some indicators are good for confirming a trend.
some others are good to identify the early stage of the trend (when the trend is still building into certain direction up or down).
using a...
during the early spring and summer time the forex market move very active.
if you observed your chart long enough or if you have been in this market you will know this fact.
just check your chart...
any trend is good (i mean up trend and down trend not the sideways trend).
but in my experience, it is much more fast making profit during a downtrend than uptrend.
the reason is panic strikes the...
this is the only business in the world where you can achieve massive success whether you do it part-time or full-time.
the reason is trading opportunity may appear at any time during the day.
if...
two different types of analysis and two different conclusion.
i go with the downward move as the daily time frame still suggest the down bias.
but on the lower time frame it may go either way....
maybe this pair will continue downward because there is no sight of stopping on daily chart.
but on the low time frame like h1 this pair might retrace again.
well, the market will go wherever it...
the worst time to trade forex are:
1. when the market is so flat, not moving anywhere.
2. when the market is too hectic.
3. when you don't have a good trading signal from your trading method....
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