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Is trading really that hard?

  • #401
  • May 19, 2018 5:53am May 19, 2018 5:53am
Yes, trading is definitely hard without proper knowledge and experience.
  • #402
  • May 20, 2018 5:23am May 20, 2018 5:23am
Quoting maria098
Yes, trading is definitely hard without proper knowledge and experience.
It’s a complicated issue what actually real knowledge and experience. I think , knowledge we can ensure from many sources or from others trading but experience is a big deal that is to be achieved by passing a long time with trading in a real account.
  • #403
  • May 22, 2018 10:59am May 22, 2018 10:59am
Quoting AgusKurniaw
{quote} Yes trading is really hard unless you master it. It's not a thing for people who are not willing to learn it. And skills don't come in few months. You need good amount of time and dedication for learning. Most people come to trading with a hope of making quick money. That's the biggest problem.
I really agree with your opinion, trading with a short term vision is really a biggest problem, there is no shortcut way of success in any field.
  • #404
  • May 23, 2018 7:41am May 23, 2018 7:41am
Quoting maria098
Yes, trading is definitely hard without proper knowledge and experience.
If you ask me it's hard even when one has those.
  • #405
  • May 23, 2018 9:03am May 23, 2018 9:03am
I am just starting out and have been reading up on some EA's I would test them first of course but does anyone have any tips on evaluation of EA's?

i.e. do they perform better in one sense as not subject to a human and its emotions?

Thats to say that you have a working strategy right...
  • #406
  • May 23, 2018 10:34am May 23, 2018 10:34am
Quoting boostermm
I am just starting out and have been reading up on some EA's I would test them first of course but does anyone have any tips on evaluation of EA's? i.e. do they perform better in one sense as not subject to a human and its emotions? Thats to say that you have a working strategy right...
This questions can be better answered when you post the said EA for others to see and evaluate as well for better answers
Okechukwu Jacob.C.
  • #407
  • May 23, 2018 3:58pm May 23, 2018 3:58pm
Quoting jacobokey12
{quote} This questions can be better answered when you post the said EA for others to see and evaluate as well for better answers
Hi not sure if post worked.
I said that I meant more as a methodology and not as a particular EA
  • #408
  • May 24, 2018 3:44am May 24, 2018 3:44am
I think that learning the basics of Forex is the same when you want to learn anything else you interested in. The difficult part of trading is when you actually doing it and I mean when you are trading with a live account. For me when I started it was a whole another level. On the demo account I could let my trade run and only check it at the end of the day (I use daily charts). With Live account it is not the same.

It is difficult to not to check your trade a lot of times. Even though you believe your strategy works it's hard to stay focused, because you know it's your own hard-earned money. However

I trade with money I'm comfortable losing it, because it wouldn't hit me that hard for reasons like I know I would spend it on something else, instead I want to trade with it.
  • #409
  • May 24, 2018 7:45am May 24, 2018 7:45am
Quoting boostermm
I am just starting out and have been reading up on some EA's I would test them first of course but does anyone have any tips on evaluation of EA's? i.e. do they perform better in one sense as not subject to a human and its emotions? Thats to say that you have a working strategy right...
My advice is to learn the basics of technical analysis before you try using EAs. It's a good idea to understand how they work before evaluating any of them.
  • #410
  • May 24, 2018 11:49am May 24, 2018 11:49am
Quoting boostermm
{quote} Hi not sure if post worked. I said that I meant more as a methodology and not as a particular EA
Just like mlawson71 mentioned (the last response before mine), every EA is programmed to work according to a particular technic or pattern, therefore, it is very advisable that u first a study a particular trading style before looking for an EA that works according to ur style (if need would be for such EA)
Apologies dear, I didn't get ur question earlier..
Okechukwu Jacob.C.
  • #411
  • May 24, 2018 11:58am May 24, 2018 11:58am
Quoting jacobokey12
{quote} Just like mlawson71 mentioned (the last response before mine), every EA is programmed to work according to a particular technic or pattern, therefore, it is very advisable that u first a study a particular trading style before looking for an EA that works according to ur style (if need would be for such EA) Apologies dear, I didn't get ur question earlier..
I hope some one would prove me wrong, am yet to see any EA that stood the test of time (year in year out profit for up to 10years) ♂
Okechukwu Jacob.C.
  • #412
  • May 24, 2018 12:33pm May 24, 2018 12:33pm
Trading is simple, not easy.

If you are new, it would be best to be equipped with the right knowledge instead of banging the walls blindly.

I personally started off well with a strong group of community in the old sonic r system thread.
  • #413
  • May 24, 2018 4:12pm May 24, 2018 4:12pm
Quoting Muhammad Ezz
{quote} Thanks for giving a hope
dont give up pal. Here i gie you the best indicator im using. It always comes in handy. you can ask me for any further question.
Attached File(s)
File Type: ex4 RenkoLiveChart_v3.4.ex4   12 KB | 294 downloads
forex is better than cryptocurrency, trust me.
  • #414
  • May 25, 2018 1:27am May 25, 2018 1:27am
Quoting ekoveadvisor
{quote} dont give up pal. Here i gie you the best indicator im using. It always comes in handy. you can ask me for any further question. {file}
Screenshot of this indi. for picture view plsssss
Okechukwu Jacob.C.
  • #415
  • May 25, 2018 1:34am May 25, 2018 1:34am
Quoting AdamCrist
{quote} It’s a complicated issue what actually real knowledge and experience. I think , knowledge we can ensure from many sources or from others trading but experience is a big deal that is to be achieved by passing a long time with trading in a real account.
I agree with you that its a little complicated, as knowledge is a very broad term, just by reading few articles or blogs from few sources about trading doesn't give you knowledge, experience and knowledge both require enough time to be achieved. you can take experience from the demo account also, it works same as real account.
  • #416
  • May 25, 2018 1:38am May 25, 2018 1:38am
Quoting mlawson71
{quote} If you ask me it's hard even when one has those.
But as per my opinion it is the easiest way to make money if you are master in it.
  • #417
  • May 25, 2018 3:16am May 25, 2018 3:16am
Quoting jacobokey12
{quote} Screenshot of this indi. for picture view plsssss
there you go.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 143 KB
forex is better than cryptocurrency, trust me.
  • #418
  • May 25, 2018 5:06am May 25, 2018 5:06am
Quoting maria098
{quote} But as per my opinion it is the easiest way to make money if you are master in it.
U can say that again though not so reliable as it does not give profit year in year out..
But if u have any that have worked for u for more than 5years till now, u prove me wrong by sharing... Lol
Okechukwu Jacob.C.
  • #419
  • May 25, 2018 5:09am May 25, 2018 5:09am
Quoting ekoveadvisor
{quote} there you go. {image}
Thanks man
Okechukwu Jacob.C.
  • #420
  • May 25, 2018 5:31am May 25, 2018 5:31am
Quoting boostermm
{quote} I believe it is EA
not at all, its an indicator pal.
forex is better than cryptocurrency, trust me.
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