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Any Rookies need some help

  • #181
  • Mar 4, 2015 7:36am Mar 4, 2015 7:36am
Quoting WJmadeit1
Hi everyone, Ive started trading for a couple months now and i don't feel like i'm going in the right direction. I'm not really down packed with the fundamentals of trading, does anyone have any tips on how to be more constant on my trades? or what to research? Ive come across several companies that provide courses or platforms for beginners but how do i know if this will help me and can they be trusted? Please i would like some feedback if anybody has any. Thank.
I'm on the same boat as you!

Somebody please point us in the right direction.
  • #182
  • Edited 10:52am Mar 4, 2015 8:17am | Edited 10:52am
Unfortunately there isn't a quick fix. You have to do the work and put in the hours. Any courses where you pay for expert help will probably take you through of their favourite set ups. See Youtube link here https://www.google.co.uk/search?q=yo...rDFIG4UPWfgagE for example.

There's no substitute for experience, so study and try trading, preferably with less than 1% risk. That means you can be wrong 50 times before you lose half your account. There are thousands of strategies. If you go on a course how will you know if their strategy will fit your life and needs? Maybe you want to trade the 5 minute chart for an hour a day. Maybe you have all day every day? Maybe you want to trade the daily chart and spend 30 minutes a night checking the chart?
Gone to a better place
  • #183
  • Mar 4, 2015 2:47pm Mar 4, 2015 2:47pm
Quoting SimonChik
{quote} I'm on the same boat as you! Somebody please point us in the right direction.
As @smikester said, there is no quick fix. I've found (in most endeavors in my life) that taking the time to do things myself instead of taking the word of others is where i am able to get the most out of what i want from doing said thing.

There is no perfect fit learning system for you. You really have to just get as much information as you can and pick and choose what is or isn't BS to you. Start from there but never stop learning. If you assume that you know enough, you've already lost.

I, just as you, am an amateur trader. I haven't even made my first trade. But, I'm going to slowly absorb material here and there and take what I want to hone my skills to become a better trader along the way. Again, there is no perfect learning system for you. You have to go out there and make it happen. Read this, watch that, and make a few simulation mistakes until you feel comfortable in not losing a chunk of your portfolio in one trade. Then, start trading and just keep learning.
  • #184
  • Jun 11, 2015 6:18pm Jun 11, 2015 6:18pm
Hi All, does anyone know where to download the data from data window in MT4, when I go to the History Center under Tools, it only gives me High Low Open Close and Volume, I am looking for the data for a few indicators, it's in there somewhere just don't know how to scrape it out... Thanks a Million!
Cheers, Sammy
  • #185
  • Jun 15, 2015 7:20am Jun 15, 2015 7:20am
Any rookies are welcome to contact me..I have been trading for 9 years and if you would like to harness my experience and see my results,you are welcome to contact me at [email protected].I am providing info for a number of rookies,so join the crew if you are tired of all the bull/S
clasgolf
  • #186
  • Jun 16, 2015 3:30am Jun 16, 2015 3:30am
B
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad3.png Size: 61 KB

Bought usd/cad @ 1.2331 stoploss @ 1.2314
clasgolf
  • #187
  • Jun 16, 2015 3:40am Jun 16, 2015 3:40am
Sell GBPUSD @ 1.5584 Stoploss @ 1.5623
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 154 KB
clasgolf
  • #188
  • Jul 9, 2015 4:07am Jul 9, 2015 4:07am
Hi, I have a system that is working well for me but I am trying to turn it into an EA. I have code but I am struggling slightly. Would you or anyone else be able to assist by pointing out my errors and helping me correct them.

Thanks in advance.

Attached File(s)
File Type: mq4 Daytrader_First_EA.mq4   4 KB | 323 downloads
  • #189
  • Edited 10:42am Mar 30, 2016 9:36am | Edited 10:42am
hi guy's I'm going over my last month I have made 52 deals with 37 winning and 15 losing the problem is the winning one's are avg0.5% of the account and the losing one's are avg 0.75% of the account does anyone have some advice on the setup of a deal. .(I know mouth's not over yet but a slow day)
  • #190
  • Mar 31, 2016 12:43am Mar 31, 2016 12:43am
Hello. I am a rookie in forex trading and I need help.

Can you tell me what happened in my trade?
I have $300.
I calculated to trade 20% of 300 with a 5 pip stop.
I used 135000 units or 1.35 std lots.
The 13.5 is in mini lots.
This trade is my only open trade.

Here are the times I got in and got stopped out.
Attached Image (click to enlarge)
Click to Enlarge Name: Euro.png Size: 15 KB

Here is the chart of what happened.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart.png Size: 41 KB


My question is how did I get 7.8pips in profit and still lose money?
The spread became so high?

Anyone out there. Please answer.
Multiple SMA Trader
  • #191
  • Apr 18, 2016 3:32am Apr 18, 2016 3:32am
Hi guys
I have a a Metatrader problem
I want to display Pound /Cad in metatrader graph
If I go to File and then to new charts it is not displayed in any of the lists
If I go to Metatrader Tools and then history center I can list the history of the pair in any time frame
Is there any way of displaying the chart
  • #192
  • Apr 30, 2016 1:38pm Apr 30, 2016 1:38pm
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting vehatde
Hey guys, I find this indicator that gives trend signal for currency pairs. It's free and no repaint. To me, it's easy and simple to use. No complicated figures and lines. If the indicator is above the price (Red line), there is a downward trend. If you see the blue line is under the price, there is an upward trend. {image} {image} I think it could give more accurate trend forecast if used with other indicators. But i still don't have any idea about it. You guys can check it out and give suggestion plz? Thanks and Happy trading MuaEA...
Attach the indicator! Enough is enough. You always write the same.
  • #193
  • Last Post: May 3, 2016 8:01am May 3, 2016 8:01am
Hey Guys I was hoping if anybody knows how to use the Signal Bars indicator by CJA I always see it on lots of charts and it must be a really great indicator

because according to CJA people are selling it on ebay when you can get it for free on ff
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