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anyone need help?

  • #681
  • Dec 30, 2019 7:59am Dec 30, 2019 7:59am
Respect to anyone helping us noobs, It can be hard enough trying to consume so much information whilst constantly coming across contradicting advice and literature. If anyone is willing to be a mentor of sorts it would be appreciated, or at least a thread specific to it?

just a thought?
  • #682
  • Dec 30, 2019 9:06am Dec 30, 2019 9:06am
Quoting warrenk1
or at least a thread specific to it? just a thought?
On which topic? Newbie’s are welcome here as you know! So feel free to ask question here!
  • #683
  • Jan 1, 2020 11:56am Jan 1, 2020 11:56am
Quoting GeorgeBaile
{quote} On which topic? Newbie’s are welcome here as you know! So feel free to ask question here!
Sorry, I was referring to mentoring. I'm lucky enough to have someone at the end of th phone that I can ask about I trading issues or about creating strategies etc but he he doesn't trade forex and uses a different trading style to me. I was just wondering if it were possible for individuals willing to mentor on a more personal level could be accessed from this forum?

thanks
  • #684
  • Jan 1, 2020 3:19pm Jan 1, 2020 3:19pm
Quoting renasdad
I have a feeling this is a thread noone has posted before. I love helping people. I know what it is like to not have a clue when it comes to know where to start with this forex jargen. If there is anyone that has questions that they feel are too stupid to ask publically, you can PM me. If there is anything that doesn't make sense to you, ask. If I don't know the answer, I will do my best to find it. I come here everyday looking for the "newbie" questions to find someone already ansered them. I love helping people. There have been so many people...
I'm new to forex started in February last year following a tipster, it was going good then the worse happened I lost my entire investment. I've realized the way to prevent this happening again is to fully understand and learn this for myself but I don't know were to start. I've tried going with a broker who said they teach you how to trade but I ended up losing my investment. I need someone who can give me guidance on trading and mentor me on this. Thanks
  • #685
  • Jan 1, 2020 4:37pm Jan 1, 2020 4:37pm
Hi,

I have started looking into forex about 6 months ago. I have been reading a lot of stuff on the internet and watching a lot of youtube videos.

I have a strategy I have been backtesting for a little while now. How do you guys do your backtesting? I have just been printing out previous charts and marking my entries and whether they are winners or losers. I was wondering if anyone has tips or better ideas for backtesting.

When creating a strategy, are there any good tips to help me with coming up with a strategy? Do you guys use indicators? I see a lot of people on youtube and use only support and resistance lines and not many indicators. I would like to use indicators, any tips to know what would be a good indicator when creating a trading strategy?
  • #686
  • Jan 1, 2020 4:44pm Jan 1, 2020 4:44pm
Happy new year and decade Good people
Thanks guys for responding to my first post.
Is anyone here can spare some time( to answer my questions give me pointers and correct me) to help me learning please. I will not ask your hard work / your strategy etc for free but your knowledge and experience to shape my learning.
Any help is appreciated
Thanks
  • #687
  • Jan 1, 2020 5:32pm Jan 1, 2020 5:32pm
Quoting renasdad
{quote} Vono, During my trading, I have found it is very hard to make only 10 pips a day. Don't take that the wrong way. 10 pips to get are simple. Closing a trade at 10 pips is the hard part. You see the positive pips and feel you are right. You let the trade go cause those 10 pips were so easy to get and think it will go to 20 pips. It drops back down to 1 or 2 and instead of closing the trade, you let it go cause it "has" to go back up. Next thing you know, you are down 10 pips or even more. When you are looking to make a trade and only get 10...
how can I PM you?
  • #688
  • Jan 3, 2020 7:32am Jan 3, 2020 7:32am
Quoting warrenk1
{quote} Sorry, I was referring to mentoring. I'm lucky enough to have someone at the end of th phone that I can ask about I trading issues or about creating strategies etc but he he doesn't trade forex and uses a different trading style to me. I was just wondering if it were possible for individuals willing to mentor on a more personal level could be accessed from this forum? thanks
I have very bad experience on paid courses; so can’t help directly on this issue! But you can open a thread!
  • #689
  • Jan 3, 2020 12:41pm Jan 3, 2020 12:41pm
Quoting GeorgeBaile
{quote} I have very bad experience on paid courses; so can’t help directly on this issue! But you can open a thread!

Yes I've not heard good things about paid courses. thanks
  • #690
  • Jan 3, 2020 1:28pm Jan 3, 2020 1:28pm
Quoting renasdad
I have a feeling this is a thread noone has posted before. I love helping people. I know what it is like to not have a clue when it comes to know where to start with this forex jargen. If there is anyone that has questions that they feel are too stupid to ask publically, you can PM me. If there is anything that doesn't make sense to you, ask. If I don't know the answer, I will do my best to find it. I come here everyday looking for the "newbie" questions to find someone already ansered them. I love helping people. There have been so many people...
That is very kind of you, and I know Who put it in your heart to be this way, brother.

I extend my hand of friendship to you.
Learn from your mistakes and march on.
  • #691
  • Jan 4, 2020 4:35am Jan 4, 2020 4:35am
Quoting warrenk1
{quote} Yes I've not heard good things about paid courses. thanks
That’s the reality; I see Forex forums are much useful than the so called paid training courses!
  • #692
  • Jan 4, 2020 6:06am Jan 4, 2020 6:06am
Quoting warrenk1
{quote} Yes I've not heard good things about paid courses. thanks
You are always welcome! And, be careful on paid courses or any mentor!
  • #693
  • Jan 12, 2020 12:16pm Jan 12, 2020 12:16pm
Hi,

i have tried some of these online courses and watched hundreds of YouTube videos. They all say different things and contradict each other on where to start and how to trade. I have spent many hours trying to find a good system and I never can. I’m not asking to be spoon fed a system but just a point in the right direction.

Thanks.
  • #694
  • Jan 12, 2020 1:56pm Jan 12, 2020 1:56pm
Quoting Liamforex
Hi, i have tried some of these online courses and watched hundreds of YouTube videos. They all say different things and contradict each other on where to start and how to trade. I have spent many hours trying to find a good system and I never can. I’m not asking to be spoon fed a system but just a point in the right direction. Thanks.
I hear you brother, its just a case of finding what works for you I find. so many different opinions, professional and personal. keep plugging away with your research, management and strategy/plan.
  • #695
  • Jan 12, 2020 6:00pm Jan 12, 2020 6:00pm
Quoting warrenk1
{quote} I hear you brother, its just a case of finding what works for you I find. so many different opinions, professional and personal. keep plugging away with your research, management and strategy/plan.
thanks man! Would you say it’s a matter of trial and error? Set up a demo account an keep trying things till I establish some sort of strategy.
  • #696
  • Jan 12, 2020 9:41pm Jan 12, 2020 9:41pm
I think the idea of demo trading for three months with any strategy you find is the best. But my problem is what strategy to use. When I Google forex strategy I come up with millions of search results that I become confused. I would need help if someone would point me to a good strategy. It has been fun learning and learning, but the most important thing is to practice first with a demo account and then with a live account. I am still looking to get there with a good strategy.
  • #697
  • Jan 13, 2020 1:49pm Jan 13, 2020 1:49pm
Quoting Liamforex
{quote} thanks man! Would you say it’s a matter of trial and error? Set up a demo account an keep trying things till I establish some sort of strategy.
no worries I know the struggle. yes definitely trial and error. I've noticed a big improvement in my trading since giving more attention to overall market structure over price action and indicators, making them secondary . but everyone is different from preferred time frame to what type of MA they prefer. follow as many informational threads as you can. a lot of priceless information floating around
  • #698
  • Jan 13, 2020 1:53pm Jan 13, 2020 1:53pm
Quoting Emekadavid
I think the idea of demo trading for three months with any strategy you find is the best. But my problem is what strategy to use. When I Google forex strategy I come up with millions of search results that I become confused. I would need help if someone would point me to a good strategy. It has been fun learning and learning, but the most important thing is to practice first with a demo account and then with a live account. I am still looking to get there with a good strategy.

Totally agree with you make the mistakes with fake capital. lots of good strategies online but they may not fit your style, period or trading hours. maybe take what works or what sounds good and put your own twist on it???
  • #699
  • Jan 14, 2020 6:18am Jan 14, 2020 6:18am
Quoting warrenk1
{quote} I hear you brother, its just a case of finding what works for you I find. so many different opinions, professional and personal. keep plugging away with your research, management and strategy/plan.
True! Everyone has his own trading style, it is quite possible a strategy that works for one person not necessarily will work for another, so its better keep trying instead of falling in the honey trap of paid courses.
  • #700
  • Jan 15, 2020 10:50am Jan 15, 2020 10:50am
Quoting Victory9
{quote} True! Everyone has his own trading style, it is quite possible a strategy that works for one person not necessarily will work for another, so its better keep trying instead of falling in the honey trap of paid courses.

Couldn't agree more, Ive been to a few (what I thought would help) seminars and at the end of all of them after they've gone over the basic principles of trading, is a hefty price tag for a course which basically is just there system with a few clever bots thrown in. its very easy to fall victim to believing one possible system is the magic strategy, best to keep an open mind. FF community is by far one of the top informative resources I use personally.
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