What would you rather use for trading?

May 21 at 13:42
356流覽
10 Replies
會員從Apr 30, 2024開始   1帖子
May 21 at 13:42
Hello guys,

I am rather new to trading. I was wondering what you would rather use in order to trade forex:

Expert Advisors, Signals, Social Trading or Indicators?
會員從Jun 25, 2020開始   11帖子
May 21 at 15:38
Hi,

Charts are enough to trade Forex but all is good as far as your trading style suits your psychology..
I suggest to learn it first from a good mentor(s) before putting any real money. It seems boring but this is the right approach towards success in trading.
One thing that I keep a note of, in trading, is not Money, It is Numbers!!
會員從May 07, 2024開始   2帖子
May 22 at 14:51
if you have to choose 1, go with indicators, but remember that indicators are lagging and the #1 input in most indicators is price, so you'd probably be better off just focusing on price action
會員從Aug 04, 2014開始   66帖子
May 22 at 16:17
panchovilla84 posted:
if you have to choose 1, go with indicators, but remember that indicators are lagging and the #1 input in most indicators is price, so you'd probably be better off just focusing on price action
Many times the indicators will mislead you, in my opinion, you should be more involved in learning raw chart analysis
會員從May 07, 2024開始   2帖子
May 22 at 16:24
Fx_challenger posted:
panchovilla84 posted:
if you have to choose 1, go with indicators, but remember that indicators are lagging and the #1 input in most indicators is price, so you'd probably be better off just focusing on price action
Many times the indicators will mislead you, in my opinion, you should be more involved in learning raw chart analysis
if by 'raw chart analysis' you're referring to naked price action, s/r zones, classic chart patterns, etc....then yes i agree
會員從May 24, 2024開始   3帖子
Jun 12 at 17:09
To start, I suggest using simple indicators such as moving averages, RSI, Ichimoku, ....
Social trading has the risk of being dragged into some point of market to be hunt by the brokers. So avoid it!!!
But for the Expert advisors, learning how to create a robot to backtest your trading strategy is an advantage. However to have a constantly profitable robot you need high level of programming, mathematics and statistics. So It is a team work.
Steady Growth
會員從Aug 22, 2024開始   2帖子
Aug 22 at 06:32
does indicator really work in trading ?
if so , Can I use this tool to train my skill?

guessupdown
會員從Sep 07, 2020開始   72帖子
Aug 28 at 08:55
Social trading is good if you are new to trading and want to try to copy someone's trade to understand and get better
會員從Sep 08, 2020開始   38帖子
Sep 12 at 05:00
If you're new to trading, I’d recommend starting with indicators to get a feel for how the market moves. Once you’re comfortable, you can explore Expert Advisors or signals for automated strategies. Social trading is great too, especially if you want to follow experienced traders and learn from their moves. It really depends on your learning style and goals.
會員從Oct 16, 2024開始   32帖子
Oct 18 at 08:41
I’d probably go for a mix of technical indicators and price action analysis for trading—it gives me a solid view of the market. But I know some folks who swear by fundamental analysis or even automated systems!
In trading, knowledge is power; in practice, patience is key.
會員從Oct 16, 2024開始   18帖子
Oct 21 at 08:05
If I were starting out again, I’d lean towards major currency pairs like EUR/USD or USD/JPY. They’re generally more stable and have plenty of resources to help you learn. Once you get comfortable, you can branch out to other markets, but starting with these pairs helped me build a solid foundation. Good luck on your trading journey!






Stay consistent, keep it simple, and let discipline shape success
登錄 / 註冊 to comment
You must be connected to Myfxbook in order to leave a comment
*商業用途和垃圾郵件將不被容忍,並可能導致帳戶終止。
提示:發佈圖片/YouTube網址會自動嵌入到您的帖子中!
提示:鍵入@符號,自動完成參與此討論的用戶名。