Learing
Jan 07, 2023 at 12:14
822 Visa
14 Replies
Jan 07, 2023 at 14:09
When you say 'Learn Forex', does that mean you already know how to trade and you want to apply it to Forex? Do you have a basic-advanced knowledge of charting?
I spent 5 years learning how to chart, figure out my strategy, incorporate my strategy and act on trades. I am just now profitable! Much like any other skill, you have to practice.
It took me the same amount of time to become somewhat proficient at Texas Hold'em and down here in Texas, we say 'you gotta pay to learn!'
I spent 5 years learning how to chart, figure out my strategy, incorporate my strategy and act on trades. I am just now profitable! Much like any other skill, you have to practice.
It took me the same amount of time to become somewhat proficient at Texas Hold'em and down here in Texas, we say 'you gotta pay to learn!'
Rules are Rules!
Jan 08, 2023 at 14:57
Hitch33 posted:
When you say 'Learn Forex', does that mean you already know how to trade and you want to apply it to Forex? Do you have a basic-advanced knowledge of charting?
I spent 5 years learning how to chart, figure out my strategy, incorporate my strategy and act on trades. I am just now profitable! Much like any other skill, you have to practice.
It took me the same amount of time to become somewhat proficient at Texas Hold'em and down here in Texas, we say 'you gotta pay to learn!'
I have experience in Stock market not in Forex That is other thing that I'm not profitable but I really want to learn it with my whole heart
Currently I'm trading with demo money. In which I'm quite Profitable Allhamdulliah but I'm not sure will that Consistency be in real account or not
And one more question Can we completely trade on news basis. If yes Which and Where can I get Real and Accurate news
I will be very thankful if you could help me
Jan 08, 2023 at 17:33
I personally can't speak to trading the news, as I don't use it (news just makes me jumpy and causes me to doubt my technicals.. I find that 'news' is generated after the move). I personally trade a technical setup that I've learned to incorporate with trailing technicals to manage risk.
My path -
Learned how to understand and use charts/candles/support & resistance, trend trading, etc.
traded like a moron for several years before finding a technical setup that worked for me.
I am currently 'perfecting' entry, exit, risk management (trade size, stop losses), profit taking.
Because I don't know how much you know, I'd say start here: https://www.babypips.com/learn
If you have specific chart questions, send me a message and I will invite you to my discord and I can try to help.
I am an amateur compared to smart, disciplined profitable traders, so I very rarely give trade advice. (blind leading the blind).
Lastly, I have tried it all.. bought signals, copied trades, you name it.. all unsuccessfully. I only became profitable when I dialed in my trades and studied the market I want to trade (mostly USD/JPY and EUR/USD).
You set up your trade, manage risk with SL's and everything else is in God's hands.. Insha'Allah my friend.
My path -
Learned how to understand and use charts/candles/support & resistance, trend trading, etc.
traded like a moron for several years before finding a technical setup that worked for me.
I am currently 'perfecting' entry, exit, risk management (trade size, stop losses), profit taking.
Because I don't know how much you know, I'd say start here: https://www.babypips.com/learn
If you have specific chart questions, send me a message and I will invite you to my discord and I can try to help.
I am an amateur compared to smart, disciplined profitable traders, so I very rarely give trade advice. (blind leading the blind).
Lastly, I have tried it all.. bought signals, copied trades, you name it.. all unsuccessfully. I only became profitable when I dialed in my trades and studied the market I want to trade (mostly USD/JPY and EUR/USD).
You set up your trade, manage risk with SL's and everything else is in God's hands.. Insha'Allah my friend.
Rules are Rules!
Medlem sedan Dec 28, 2013
171 inlägg
Jan 09, 2023 at 07:24
What is the added value for trading forex? I really don't see any after years of trying of becoming profitable. Either one has to be skilled in programming experts advisors, or one has to trade in really long time frames. I'd rather try something else than forex. Just my 2 cents..
Medlem sedan Aug 17, 2022
80 inlägg
Jan 09, 2023 at 11:30
Imhassan posted:You can study from trading books based upon your level of preference also podcasts are a great help.
Which is the best place to learn Forex
Because at youtube is full with fake teachings and showing the wrong way to beginers
Jan 09, 2023 at 14:13
Hitch33 posted:
I personally can't speak to trading the news, as I don't use it (news just makes me jumpy and causes me to doubt my technicals.. I find that 'news' is generated after the move). I personally trade a technical setup that I've learned to incorporate with trailing technicals to manage risk.
My path -
Le/arned /how to understand and use charts/candles/support & resistance, trend trading, etc.
traded like a moron for several years before finding a technical setup that worked for me.
I am currently 'perfecting' entry, exit, risk management (trade size, stop losses), profit taking.
Because I don't know how much you know, I'd say start here: https://www.babypips.com/learn
If you have specific chart questions, send me a message and I will invite you to my discord and I can try to help.
I am an amateur compared to smart, disciplined profitable traders, so I very rarely give trade advice. (blind leading the blind).
Lastly, I have tried it all.. bought signals, copied trades, you name it.. all unsuccessfully. I only became profitable when I dialed in my trades and studied the market I want to trade (mostly USD/JPY and EUR/USD).
You set up your trade, manage risk with SL's and everything else is in God's hands.. Insha'Allah my friend.
Thanks very much brother for all those valuable knowledge it would be pleasure joining your discord
Jan 12, 2023 at 15:51
niceGLer posted:
What is the added value for trading forex? I really don't see any after years of trying of becoming profitable. Either one has to be skilled in programming experts advisors, or one has to trade in really long time frames. I'd rather try something else than forex. Just my 2 cents..
I don't think there is any particular 'added value'. Interestingly, I do trade long time frames on both Weekly and Daily charts. I believe my trading plan would work on most instruments, however, I have watched, charted and become familiar with Forex pairs over the last 8 years, so I feel like my advantage lies there.
Take care,
Hitch
Rules are Rules!
Medlem sedan Mar 31, 2021
229 inlägg
Mar 01, 2023 at 12:47
Learning is not possible without practice. YouTube videos are great, but do you test your knowledge on a demo account? Do you read forex books? Do you follow successful traders? What do you like about them? What would you like to repeat and adapt to your style?
Think thrice before opening an order
Medlem sedan Mar 02, 2023
11 inlägg
Mar 02, 2023 at 10:13
There are many resources available to learn about forex trading, and the best place for you to learn may depend on your learning style and preferences. Some of the options you can consider are books, videos, online material, etc.
Medlem sedan Jun 23, 2018
2 inlägg
Mar 02, 2023 at 12:52
(redigerad Mar 02, 2023 at 12:57)
just read the book trade in the zone. You must read one of the best books to get started if you still have not read it. =)
Good luck.
Good luck.
Marching to the beats of my own music.
Medlem sedan Mar 31, 2021
229 inlägg
Mar 07, 2023 at 13:38
I am even wondering what is one of the best book?
Think thrice before opening an order
Mar 14, 2023 at 21:12
Books are good .they teach you HOW to trade ,
It is down to the individual to work out there own strategy //// edge to make them a profitable trader.
Any one can put a trade on , but where is your target - exit - stop loss.
If you donot have a plan-- Strategy.
I
It is down to the individual to work out there own strategy //// edge to make them a profitable trader.
Any one can put a trade on , but where is your target - exit - stop loss.
If you donot have a plan-- Strategy.
I
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