if our trading experience many losses then we need to constantly improve the skills of a good trading forex because the risk is very high, with the risk that it could be trading for well then we need to continue to improve the skills of good
Everyone just grow from newones, the largest problem for newbies is trading mind, forex trading should be long term business, and target should be obtaining constaint profit. I suggest to start from lower leverage and small funds.
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Joined Mar 2017
|629 Posts
That’s the reality; all of strategies are available in Forex are bullshit actually! Don’t try to rely on any particular trading tool! Try to learn technical and fundamental analysis with details! According to me, fundamental analysis is the key point here!
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Joined Dec 2015
|3,529 Posts
Hello, Cheezy! It's been four years since your initial post on this thread. How is your trading going? I hope that you have improved over the past few years due to the experience you have accumulated.
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Joined Mar 2016
|641 Posts
What actually bad trading we can suspect it by money managing plan. A successful trading always fill up with good trading strategy with real money management. otherwise it could be face a loss.
if our trading experience many losses then we need to constantly improve the skills of a good trading forex because the risk is very high, with the risk that it could be trading for well then we need to continue to improve the skills of good
Ignored
Yes it is. Bad or unsuccessful trading can be done when you are newcomer in Fx trading, besides live account we can practice in demo to increase our trading skill as well experience. We can practice here our all trading strategies first of all to see the performance how it works. this idea can be supportive to bring a healthy trading when live.
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Joined Sep 2017
|217 Posts
Did you use BabyPips school? I seem, this is one of the most useful educational instrument in Forex! Listen, strategy doesn’t mean only indicator based system! For being a successful Forex trader you have to learn technical and fundamental analysis very deeply!
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Joined Mar 2017
|304 Posts
my trading is bad trading of course particularly when news , as a newcomer i lost vast of money during news due to lack of exact fundamental knowledge which is the key to success news trading.
my trading is bad trading of course particularly when news , as a newcomer i lost vast of money during news due to lack of exact fundamental knowledge which is the key to success news trading.
Ignored
Hey BenDunk, what kind of fundamental knowledge do you mean? Like the forecast and actual, stuff like that . . . Or like the reading aspect of what's going on?
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Joined Apr 2018
|459 Posts
my trading is always bad when particularly during news , i acquired more fundamental knowledge but still not getting minimum result from news trading. there is anyone who is profitable in news trading ?
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Joined Mar 2016
|641 Posts
trading during news complicated issue really above all when you are a completely new in this stock market. by the way , sounds not goof that you did huge losses in that time , have you used Forex factory economic calendar during news trading at all ?
I know the indicator you are using and I have also found a lot of numbers to set for the indicator. In the end, I removed it and didn't use it anymore, because analyzing the other is more important. The indicator has a high latency.
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Joined Jul 2020
|131 Posts
Discipline is the most basic thing for getting desired success in forex. Among all the successful traders discipline is the common quality they all have. It doesn't have any kind of effect which approach you utilize, you ought to be trained.
