If you've gotten to this stage then you'll probably improve further in the next several years. I am still unable to be consistent.
Type: Posts; User: kevin8893
If you've gotten to this stage then you'll probably improve further in the next several years. I am still unable to be consistent.
Some people do use only 1 time frame for part of the egy. However, I think that it's a good idea to check the others at least.
Which time frames do you prefer to utilize? And what are the motives?
That depends upon your egy. When you have a egy that needs more time frames, you'd focus on more than 1 time period.
Way before the play with FXCM being kicked from the American market https://smnweekly.com/2016/02/29/fxcm-ib-atc-brokers-files-for-bankruptcy/ A total of 10 creditors were holding $1.56 million in...
I don't consider myself a newbie but I still have a fear of failure. That said, I do commerce on a live account most of the time. I don't know if I could invest that long (15 decades, that is) on...
I too am not certain what the part about the machine means. Faisal, please elaborate?
I believe that is what most people do when they trade. The question is how long do you wait?
That depends on what they're teaching - the bare theory or the practical appliion of that theory. If they're instructing the latter I'd want them to have some expertise on the area, I believe.
About the contrast to basketball coaches - I think we should not forget that some coaches are former players that have stopped playing because of age, rather than inability, plus they have the...
I might look at instructing somebody who asks me about it the basics which every trader should know, regardless of whether they are profitable or not, but I would not ask to be paid for this, I think.
What egy do you suggest? Do you've got anything in mind?
He doesn't even have to Google it, there's a fantastic financial sessions clock on forexsoutheast.asia.
You're welcome.
I, personally, recommend to look at the clock regularly, in addition to the economic calendar. I find both useful.
Click on the Market segment here on forexsoutheast.asia, it will direct you to a decent sessions clock you can use.
FXCM was having problems. The US National Futures Association (NFA) https://smnweekly.com/2016/10/05/nfa-bans-permanently-introducing-forex-broker-fxcm-gain-capital-vankar-trading/ The body...
I am pretty sure that a lot over 90% of the traders are losing money on a regular basis. Some individuals do profit, certainly, but the majority lose their accounts.
In theory that is right, in practice we frequently see whipsaws like the one that shaped last Friday. Sometimes the reaction is very unambigious, other times the reaction amounts into the...
To put it simply, first of all one should learn the basics - the platform, the fundamental terms and exactly what they mean, then the market itself. In order to be ready to trade you will need to...
The best thing I can come up with is complete manual trading or entirely automated trading. But accounts for the reduction of internet or server connection.
For how long do you recommend to exchange on a demo account? Do you think if performed for a long time that trading on a single can be detrimental?
I trade Forex for several reasons - I find it a fascinating intellectual challenge, through it I meet fascinating people I can talk to, and, of course, because I could make money if I trade nicely. ...
I agree on principle, however I believe it is also important to remember that one must know how to set the stop loss so it's going to be useful. A bad placed stop loss only leads to more losses.
That is a pretty good analogy, I concur. It may be nearly as disastrous, even though the context is obviously distinct.
That's exactly what the stop loss is for. In the worst case scenario one could call their broker by the phone and ask them to close their position manually.