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forex_trader_723357
Member Since May 13, 2019
1 posts
May 16, 2019 at 06:31
Member Since May 13, 2019
1 posts
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
Member Since May 22, 2019
11 posts
Jun 02, 2019 at 07:27
Member Since Dec 09, 2016
49 posts
DeutschDom posted:
I have watched so many youtube video and read so much over 5 years and still I don't really have a firm strategy that works. I do not know if I every will (or anyone else really has a winning strategy)
before wasting 5 more years, try to get yourself into fundamental analysis, few months and your results will improve a lot
Jul 12, 2019 at 12:47
Member Since Jun 29, 2019
65 posts
A trader can either follow the footsteps of successful traders who are developing their own trading strategies or he can try to develop some trading approaches for him as per his knowledge and expertise level. Usually if you are a beginner, then pro traders suggest that try something completely new can be risky. Rather it can be better to acquire basic understanding with the adoption of established trading strategy here.
Member Since Jul 16, 2019
10 posts
Member Since Jul 03, 2015
10 posts
Jul 28, 2019 at 22:09
Member Since Jul 03, 2015
10 posts
Amirzayyani posted:Hi,
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
If you wanna develop a good strategy, begin with knowing which are the best currencies ( Fundamentals ) to trade on any given day or session. The technicals are just for entering and exiting the market. If you know the reason behind the move on any pair, you get the conviction to buy or sell any pair with a high rate of success!
Member Since Aug 27, 2017
994 posts
Oct 31, 2019 at 15:43
Member Since Aug 27, 2017
994 posts
Jedimaster1 posted:Amirzayyani posted:Hi,
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
If you wanna develop a good strategy, begin with knowing which are the best currencies ( Fundamentals ) to trade on any given day or session. The technicals are just for entering and exiting the market. If you know the reason behind the move on any pair, you get the conviction to buy or sell any pair with a high rate of success!
It takes such a long time to build a good trading strategy! In my trading, I don’t use any indicator based trading style! I am dealing with Price Action trading.
keeping patience.......
Member Since Mar 03, 2019
57 posts
Nov 13, 2019 at 07:54
Member Since Nov 08, 2019
26 posts
steveday1976 posted:
There are lots of good articles on youtube. I would also recommend Babypips to new traders. Also make sure that you test new strategies etc on demo.
I wouldn't strongly recommend YouTube videos because they are too biased sometimes and some information just fall flats. But I am sure there are other good one out there.
And yes, babypips School is really a good place to start with.
Also, if it helps, keep a journal with you every time you try to trade, whether it is in a demo or real account.
Member Since Aug 29, 2019
11 posts
Member Since Feb 14, 2020
10 posts
Mar 03, 2020 at 07:32
Member Since Jul 09, 2019
33 posts
Mohammadi posted:
for newcomers live account can be a dangerous decision,
because they cant control emotions when trading.
Yeah that's the most challenging thing for them. And if someone is able to control his emotions at an early stage, then he must not worry about his future as a trader.
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