Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

CrazyCzarina

Members
  • Content Count

    447
  • Joined

  • Last visited

Everything posted by CrazyCzarina

  1. Order flow and volume profile trading is a method of trading practice which combines two separate methods of price action analysis to identify price levels with significant support and resistance, thereby improving the rate of accuracy of trades. Traders use order flow analysis to identify and visualize both historic and current/real-time price data to get a clear(er) picture of the depth of market. A volume profile analysis is performed to identify the volume traded at specific price levels over a certain period of time.
  2. Yes, its important to select a forex broker, start by looking for brokers that are regulated in your country. Next, read full length forex reviews to assess the trading costs, tools, research capabilities, customer service, and other features of each forex broker. Finally, compare your top two choices side-by-side to decide on a winner.
  3. Many retail traders turn to the forex market in search of fast profits. Statistics show that most aspiring forex traders fail, and some even lose large amounts of money. Leverage is a double-edged sword, as it can lead to outsized profits but also substantial losses.
  4. The currency or forex market is a decentralized worldwide market. Today, it is the world’s largest financial market and has an average daily volume of about $5 trillion. A large currency trades involve the US dollar as one of the currencies in the currency pair. In Indian exchanges, currency derivatives segment provides trading in derivative instruments like currency futures on 4 currency pairs, cross-currency futures & options on 3 currency pairs (EUR-USD, GBP-USD, and USD-JPY). Demand and supply make the currency market work.
  5. It doesn't need to give you a 60% profit, but yet you can try it out by combining two strategies if it works well. Being a beginner to take chance is definitely risky.
  6. You can’t make good decisions without knowing the mechanics of a specific technique. In fact, the best traders are those who are acutely aware of the shortcomings of their particular approach. If the strategy isn’t appropriate for your financial situation, it should be avoided, regardless of how attractive it appears. Obviously every strategy has risk. The key is to develop an arsenal of profitable methods. Use only those that fit the market outlook, and manage each trade for maximum potential.
  7. If you chose paid service for your course it will definitely give you more advantages. They will offer you valid material and good trading technics. Also you get suport 24/7 from experts.
  8. Leverage has slightly different meanings in personal finance, investing and business. But in each case, leverage is the use of debt to help achieve a financial or business goal. Leverage is the use of borrowed funds to increase one's trading position beyond what would be available from their cash balance alone. Forex traders often use leverage to profit from relatively small price changes in currency pairs. Leverage, however, can amplify both profits as well as losses.
  9. Most of the time, futures open at a much different price than where they closed the previous day. Price volatility means that the chances of unexpected losses or profits rise when positions remain on the books at the end of a trading session.
  10. If not trader then don't know what would happen. I love to trade because my broker have taught me lots of thing. I was just a beginner started with demo account with LMFX and then slowly and steadily started making some profit.
  11. One of the most highly rated Forex signal services is 1000pip Builder. They are a very popular provider and are operated by a professional Forex trader. Now is a good time to join because they are currently offering a free 7 day trial. One of the key benefits of 1000pip Builder is that they are one of the few signal services that have independently verified results. It is easy to follow the signals and all the information is immediately sent to you by email and SMS. The usual monthly price is only $97 and they are so confident in their signals that they are currently offering a free 7 day trial. 1000pip Builder really is one of the best services out there and with a free 7 day trial they are definitely worth a visit.
  12. You cannot act like a beginner if your lose and as an expert when you win. Both experience are important to become a successful forex trader.
  13. There are several reasons forex can be an attractive market, even for beginners who have little experience. The forex market is accessible, requiring only a small deposit of funds for traders to get involved. Also, the market is open for 24 hours per day/5 days a week (it's closed for a short period on weekends). This means that traders can get into the market at any time of day, even when other more centralised markets are closed. Forex traders also pay only a simple trading fee determined by the spread between currency bid and ask prices, and trading is often governed by simplified tax rules. Finally, traders can pre-determine their stop-loss and trade exit prices prior to entering each trade, meaning they have full control over how much risk they want to take on.
  14. Swing trading is the buying and selling of futures or commodities on a multisession basis. The unique characteristic of swing trading methodologies is that open positions are held through at least one session or close. Swing traders are more reliant on fundamental analysis than intraday or day traders.
  15. Top 10 Rules for Successful Trading Always follow a trading plan. Keep on learning. Don't let your losses compound. Master one strategy at a time. Be emotionless. Do not overtrade. Prepare an exit strategy. Never chase the market. Be an informed trader Do more, analyze less
  16. Every investment choice should be made based on the risk involved for the individual, their investment goals and strategies. What is right for one investor may not be for another. Keep these basic differences and similarities in mind as you research your investments.
  17. Here’s a list of The Best No Deposit Bonus Forex Brokers Tickmill, GO Market, RoboForex, Axiory.
  18. Half knowledge is dangerous especially when your into trading. You keep you capital at risk so before that as a trader you should analysis everything and step into it. If you are struggling in Demo account then do not jump into live account. Don't be in a hurry to earn money.
  19. My tip would be that as a trader you should always have faith in yourself, whether success or failure always try to learn from the situation and move on. Don't become a sadist. Decisions ability will improve by this kind of attitude.
  20. Overtrading either trading too big or too often – is the most common reason why forex traders fail. Overtrading might be caused by unrealistically high profit goals, market addiction, or insufficient capitalization.
  21. Yes, i do trust my broker. LMFX offers are very good and attractive. They have high leverage for newbie so do try with opening Demo account with LMFX.
  22. Forex signals are best described as detailed trade recommendations or ideas. The sources of the best forex signals are usually experienced traders. Scores of online entities provide forex trading signals, for a fee, or even for free. ... There are even forex signal Telegram channels out there.
  23. BitBuddy is a platform exclusive for direct Bitcoin trading. BitBuddy claims to offer the best introductory offers in the market and the best values. BitBuddy is available on both Play Store and iOS. Users can buy any volume of Bitcoins instantly.
  24. MetaTrader 4 is a platform, which was specifically designed for FX trading. As retail Forex is a relatively new industry, it did not have reliable third party software available until MetaTrader 4 appeared. These are just a few of the benefits of MetaTrader 4. One of its strongest selling points is its stability. You can really count on this platform. In addition to this, it is also supplied with a powerful set of mobile apps. These applications are available for nearly any type of operating system, including iOS, Android, and Windows. Needless to say, these mobile platforms are also very stable and powerful. The LMFX MT4 Platform gives you easy access to fast trade execution, deep liquidity and the highly intuitive, powerful interface that has made MetaTrader 4 the most popular trading platform in the world.
  25. You are free to make your own decisions without having to find a way to explain the rationale of your decisions to anybody else. Your time and effort can be focused on what the market is doing and how you react to it, instead of worrying about the psychological and emotional dynamics of a trading group. You are free to experiment, based on the knowledge you gain from your experiences and your self-education, without having to asking others to allocate a certain portion of the trading funds to let you conduct your experiments. No one can blame you for their failures. No time is wasted on justifying your actions or feeling guilty about the impact of your trading blunders on someone else's financial situation. You alone are responsible and accountable for your own success or failure. You cannot shift the blame to anybody else. It could be disappointing to some knowing that they cannot blame anyone else if they fail. For others, it is very empowering to know that they, and they alone, are in charge of their own destiny.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.