I think newbies should start with MACD and RSI. They will get good practice of these indicators to get good knowledge. Although these are not enough but they will be good for you.
Type: Posts; User: anj15 Total posts found:
* Only the account owner can search for likes
I think newbies should start with MACD and RSI. They will get good practice of these indicators to get good knowledge. Although these are not enough but they will be good for you.
Yes little profits are acceptable especially when you are new and you need to invest more. You have low investments you need to rely on little profits without risking more.It will be beneficial for...
Yes i did copy a lot of traders but it is not always good because many times it happens to me that trader blowed both his and mine account and that made me totally desperate. Now i don,t trust others.
To improve your skill you need to work with your knowledge and after that you need to practice that knowledge again and again so that you could be perfect in that.
To avoid losses you must follow a proper trading plan and you should keep your risk factor properly calculated and according to the schedule. More disciplined you will be more accurate will be your...
Indicators are always based on the price movements so if indicator are depending on results of price why don't you directly work with price as indicators will be lagging behind the price.
Yes it is possible in Forex to get the daily profits We can work and get daily profits if we have enough capital to work with. We should work hard to and with good capitals to get the profits.
No Forex don't need you to be a mathematician and you don't need big math magics. You just need some to be simple with a working brain and calculator so that you imagine the markets.
A good trend is when you can clearly see the market moving in a clear up or down direction and new highs than previous or new lows compared to previous in a clear direction it will be good trend.
Both are equally harmful and both come together as first your greed will make you to over trade or open a trade more than the required volume and after that when you start losing you will be in fear...
Yes bro i agree with you don't over trade or don't trade more than the risk controllable as it will be dangerous for you to over trade and you will loose all your money in just a little market move.
I think at least 6 month of Demo trading is must before starting on real account. It is very essential for all new traders to work on this because it is risky market so you have to learn and work.
I have used nearly all the leverages but most of the time i use 1:100 and minimum i have used 1:50 leverage and i like to be on 1:100 as it is easy for me to cop with this leverage.
Scalping with a good strategy is easy and more profitable as compared to long term but it is more difficult to guess as compared to long term trades where analysis is an easy thing to do
To protect your full account loss in Forex you must work with a proper strategy and you must use a definite stop loss. Never move the stop loss hoping that it will be again back.
Yes Forex is highly risky business but it is always giving great profit which no other business could offer so still after losses i am doing Forex and i think i will keep working with it in Future...
Yes you said very well !00 usd is not a big capital but its good one to start with and to grow. You cannot start an earning for the living with 100 usd but it will help you to build an account.
Forex is good platform but it involves a lot of things in it so proper training and knowledge is must to be profitable in this business so one must get that from someone or from internet before...
A trend line is the line which shows you the direction of the market and it also acts as support or resistance for the price. If price breaks it this goes to new area.
When i open a trade i already know the place where it has to stop if market goes wrong or opposite to me so in such cases i just wait for hit to my stop loss.
There are currently users online. members and guests
Threads:
Posts:
Member: