Please I would like to know how to set the 200 Moving Average correctly. In applying moving averages, which is the best to use: simple, exponential, smoothed or linear weighted?
And also, should...
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Please I would like to know how to set the 200 Moving Average correctly. In applying moving averages, which is the best to use: simple, exponential, smoothed or linear weighted?
And also, should...
I think that emotional trading is usually brought about as a result of either greed or naivety. When we are newbies and don't understand how the market works we are emotional in trading because we...
Well, am not a scalper so I don't have any indicator to share with you but i know that scalpers usually use a lower time frame from 5 to 15 minutes time frame. Scalpers also use the moving average...
I also think that the 4 hour chart is useful for me as a long term trader but I haven't really given the daily time frame a try before. I know that the higher the time frame, the better for us...
I learn every day about forex trading because I spend my time in most forex forums and sometimes in my trading chart. And when I place a trade, I ensure to check the reason of my loss or profit so...
Yes of course, forex is one of the best business that I have come across with in my entire life. It gives us to much room, first the ability to trader with low capital because of as a result of the...
We know that forex trading is very risky and the best way to minimize risk is for us to use proper money management but we must also make sure that we only open trade when we have a good trading...
That is the best approach you should use, when you get loss you shouldn't just think of quitting forex trading but rather, you should be thoughtful of what caused the loss and look for a better way...
Hedging is kind of complicated for us to be able to trade with hedging system, we should have enough experience and we shouldn't just use it when we are newbies. Where hedging is very good is when we...
I haven't come across any broker that charges for commission my broker charges me for spread. As for me, I would prefer those brokers that are charging for spread so that you only get to pay for any...
Patience and discipline are good qualities that a trader needs to succeed in the forex business. With patience we can be able to spend time learning how the market works instead of being bothered to...
Of course on weekends it is better that we stretch our bodies a little and take a break from trading on the forex market and staring at the screen continuously but some of us would still be on this...
You are totaling right @golpo20, forex can be a money sucking machine for those who are not willing to learn how the forex market works they don't intend to build their knowledge and don't give a...
As we all know as human beings, money doesn't get too much so if I become a millionaire I would still trade forex to increase my capital only that this time around, I won't be using very high capital...
Wow congrats to your friend am sure he must have some experience and also has some great strategy that he is using to trade with that generates him good profit. You should learn from your friend by...
definitely if we are using good strategy in forex trading, it doesn't matter whether or not if we have huge capital what simply counts is that we are able to grow our profit consistently with our...
You make point every trader has an ability to learn some can learn faster than the others. So why it might take a longer time for some to learn others would learn very fast. As for me the minimum...
If we keep on accumulating our bonus for post until it becomes big enough then we would see any barrier for not trading forex to success. Because with good capital investment we can be able to make...
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