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New traders Guide

  • #41
  • Feb 26, 2018 6:10pm Feb 26, 2018 6:10pm
Quoting hanover
{quote} Looks like it's time for me to confess. Earlier this year I sold one of my "worthless" EAs to the ECB for 7.2 billion euros. Many of their board members trade with MT4, as an important adjunct to their QE programme, and you can see ECB chief Mario Draghi sealing the deal with me in the photo below.{image} You'll also be DELIGHTED to know that, since apparently upsetting you by posting this, some more recent statistics have caused me to come around to yours and...
Haaaa'''Ha..RRRRRRRRRRRRRRRRRRRRRRRRR..so true.. and many off them..back in the 80tys there was a mob around called Safety in the Market..i musta spent 30/40 thou d with them..might as well threw it in breakfast creek and sailed it down the river......
  • #42
  • Feb 27, 2018 10:43pm Feb 27, 2018 10:43pm
Quoting Quants
Im here because of his sensless post against hanover..
Many thanks for your response, although I see no point in attempting to defend my credibility on a forum that I no longer take seriously. The naysayers have apparently lost money, and I can only assume that they feel some kind of perverse consolation by attempting to discredit others.

Quoting danc
{quote} Haaaa'''Ha..RRRRRRRRRRRRRRRRRRRRRRRRR..so true.. and many off them..back in the 80tys there was a mob around called Safety in the Market..i musta spent 30/40 thou d with them..might as well threw it in breakfast creek and sailed it down the river......
I recall some elderly trader at our old TA discussion group mentioning that system, but it was many years ago. Anyway, Google reveals that SITM is still around nowadays, and supposedly still making a play for the wallets of the uninitiated.
  • #43
  • Mar 8, 2018 4:33am Mar 8, 2018 4:33am
For the beginners level I always prefer prep school + demo account. But they try to earn money very rapidly without learning. As a result they become loser when trading practically.
  • #44
  • May 8, 2018 8:07am May 8, 2018 8:07am
Quoting MitchellMcC
For the beginners level I always prefer prep school + demo account. But they try to earn money very rapidly without learning. As a result they become loser when trading practically.
Using in a demo account beginners sometimes feel boring, so I always prefer micro account instead of demo, even though there is a chance to make beginners emotional.
  • #45
  • May 17, 2018 4:19pm May 17, 2018 4:19pm
Quoting AdamCrist
{quote} Using in a demo account beginners sometimes feel boring, so I always prefer micro account instead of demo, even though there is a chance to make beginners emotional.
but micro account can make beginners greedy , so there is a risk.
  • #46
  • May 18, 2018 5:14am May 18, 2018 5:14am
Quoting MitchellMcC
For the beginners level I always prefer prep school + demo account. But they try to earn money very rapidly without learning. As a result they become loser when trading practically.
Please don’t go negative mind , pips school is not appropriate right now for beginners level, this trading community not active and knowledgeable than before.
  • #47
  • Jul 26, 2020 8:25am Jul 26, 2020 8:25am
If you are new in this market, you should use the demo account before enter into the real market.
  • #48
  • Jul 27, 2020 3:45am Jul 27, 2020 3:45am
very poor suggestion, by the way practice is much important demo or live , i prefer micro account in real money , because in demo traders cant focus on there , because no real money and no emotions.
  • #49
  • Aug 6, 2020 3:20am Aug 6, 2020 3:20am
At first, you need to do more practice to maek a profit from this market. Don't try to earn money quickly. First, learn then earn.
  • #50
  • Last Post: Aug 9, 2020 7:00am Aug 9, 2020 7:00am
Quoting roughtrader
Indicators

Stop your search for indicators that will win for you,
I agree with you. Some traders use only price chart to make trade. Indicator help but too much rely on them is not good for trading.
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