- Search Forex Factory
- 61 Results (1 Thread , 60 Replies )
- mike1994 replied 29 hr ago
Cool explanation. I also prefer to rely on chart patterns in my trading. For me, I use harmonic harmonic patterns. If you are looking to learn more about harmonic patterns these guides can help: url url url url
- mike1994 replied May 3, 2024
Cool explanation if anyone looking to advance their strategy, harmonic patterns, can offer valuable insights into market movements. You can use this as a reference to learn about harmonic patterns: url url url url
- mike1994 replied Feb 15, 2024
I am skeptical about the possibility of achieving a 100% win rate in trading. While it's certainly an attractive idea, the reality is that losses are an inevitable part of trading due to market uncertainty and unpredictability. But being profitable ...
- mike1994 replied Feb 7, 2024
Wow, this perspective is really insightful! Thanks for sharing such a unique take on trading axioms.
- mike1994 replied Feb 7, 2024
For beginners, focus on learning and practicing in a demo account first. Develop a solid trading plan, manage risks wisely, and be patient. Stay disciplined and continuously educate yourself. Don't rush into live trading until you feel confident and ...
- mike1994 replied Feb 7, 2024
It's crucial to be vigilant in the forex market. Instances like yours highlight the importance of choosing a reputable and regulated broker. Always do thorough research before selecting a broker, and if anything seems questionable, it's wise to seek ...
- mike1994 replied Jan 23, 2024
Wow, that's fascinating and quite impressive! It sounds like your nieces and nephews have a straightforward yet effective approach.
- mike1994 replied Jan 23, 2024
Lmao, that’s a good one. If it happens to you, it might feel like a depression.
- mike1994 replied Jan 23, 2024
The margin level is the ratio of your account equity to the used margin, expressed as a percentage. If your margin level drops below a certain point (usually 100%), it triggers a margin call. This is like a safety net set by your broker to prevent ...
- mike1994 replied Jan 16, 2024
It's cool that you took the time to crunch the numbers! The concept of making consistent gains with smaller pip targets is a solid strategy. It's a matter of maintaining discipline and managing risk effectively. If you've found a method that works ...
- mike1994 replied Jan 16, 2024
Learning about harmonic patterns can be beneficial for traders. Harmonic patterns are formations that can provide insights into potential price reversals and trend continuations. Maybe these guides will help: url url url url url
- mike1994 replied Dec 27, 2023
I don't agree. Forex trading, when approached with proper education, risk management, and a disciplined strategy, can be a legitimate and profitable endeavor. I found this insightful article on identifying forex broker scams. Kindly check it out, ...
- mike1994 replied Dec 27, 2023
Nope. Concentrating on one or two currency pairs doesn't necessarily mean sticking to a single timeframe. In fact, examining different timeframes can provide valuable confirmation signals.
- mike1994 replied Dec 27, 2023
Begin by selecting a handful of pairs that you're familiar with, and make sure you implement proper risk management strategies.
- mike1994 replied Dec 19, 2023
Agree with you. Trading is basically the buying and selling of financial instruments, such as stocks, bonds, commodities, or currencies, with the aim of making a profit. Maybe this article will help with the basic logic: url
- mike1994 replied Dec 19, 2023
Absolutely, discipline is a key factor in trading success. Maintaining a disciplined approach helps traders stick to their strategies, manage risk effectively, and avoid emotional decision-making.
- mike1994 replied Dec 6, 2023
I think it depends on your financial situation and emotional wellbeing.
- mike1994 replied Nov 29, 2023
While it's true that there are scams and risks in the forex market, it's not accurate to label the entire forex market and all EAs (Expert Advisors) as scams. Forex trading, when done with a reputable broker and with proper knowledge and risk ...
- mike1994 replied Nov 15, 2023
Losing in trading, especially for beginners, often stems from a few common mistakes. One of the significant factors is emotional decision-making. New traders might panic or get overly confident, deviating from their strategy. Lack of risk management ...
- mike1994 replied Nov 15, 2023
Absolutely, your perspective is very insightful. Trading is indeed similar to mastering any other sport or business. It's about understanding the fundamentals, respecting the rules, and most importantly, having a well-thought-out plan. Just like ...