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james_traderguy

Whats your favorite trading software?

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    • By ridhuanuzz
      Here are some trading courses that I know they have experienced trader as a teacher:
      - Stock Trading & Investing for Beginners by Udemy
      - Consistent Profits from Stocks With AI Assistance In Just 10 Minutes a Day! by Snap Academy
      - Trend Following For Stocks by Decodingmarkets
       
      Give me advice which one is the best to join?
    • By sergio
      Hi,
      We are doing a university job where we must investigate how banks manage their financial products that require trading, for example, they offer a fund, as they manage capital internally. Could you help me?
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    • By millonmethod
      Hello everyone!
      I am an advanced trader, with many years of experience (about 15 years - 10 living exclusively from this)
      I am going to give you some tips that you must know:
      There are going to be many people who tell you that trade is easy, that with only crossiing a line  with another one you will win a lot of money.... and that´s not true.  No, Sir, reality is far away from that. Many people who start arrive here with the hope that someone "gives them" a free method, they watch youtube videos thinking that this will give them the "strategy" and in a few days they realize that it does not work for them - they lose money - and then They go looking for a new one ... and so on. YES, IT´S TRUE YOU EARN IN TRADING, A LOT. BUT THINK: for a few to win (10% + any BROKER) many others must lose (90% people). YOU MUST HAVE A MONEY MANAGMENT FORMULA ( you can email me) People study so many years to live on this, not because they are dumb, but to know what they do, when, and have absolute effectiveness. It´s very easy to get lost here: do not disperse, jumping from one to another strategy WILL NEVER give you money, it will only waste your time and make you nervous when trading. PEOPLE WHO CHANGE THEIR METHOD CONSTANTLY : LOOOOSE ALWAYS.   If you have the knowledge to develop it, take your time and do it.  Always try it first on DEMO for at least 2 weeks! If not: search to buy a solid strategy (no you tube videos pleassse ! Avoid losing money! ) This is like any business, it requires some capital to start (capital = money in the broker + solid made /purchased strategy) If you are lost: I RECOMMEND YOU NOT TO WASTE TIME IN YOUTUBE, JOIN PEOPLE WHO HAVE EXPERIENCE AND IF YOU ARE GOING TO BUY A METHOD ... PLEASE !!!! DO NOT BUY 10 BAD AND CHEAP METHODS, SAVE MONEY AND BUY ONLY 1 BUT EXCLUSIVE AND MUST ALLWAYS HAVE SUPPORT !!!!!  Do not buy Signals! They never keep up with constant profits! One week will win and the next will lose. Nothing that does not depend absolutely on you will give you the money you are looking for. And if you do not have a strategy (made or purchased) do not even try PLEASE PLEASE PLEASE: DO NOT USE REAL MONEY! AT LEAST 2 WEEK DEMO FREE HELP HERE!!!!!  IF YOU FOLLOW MY ADVICE YOU WILL BE PART OF THAT 10% WINNER, email me.
      Have a nice trading day
       
       
    • By Georgebro8
      So I've been 18 for about 4 months, since I turned 18 I started up an account, and basically thought I was doing amazing because of beginners luck, put in some of my savings and managed to do well, some days I would make £200, one day I even made £900, after time I lost my profits and made a loss as well. I've realised I need to spend the time analysing the market and making technical judgments. I'm trying to read more and spend a lot of my time looking at the charts. is there any advice people can give me. and is making 5% a week a realistic goal to set myself? before anyone assumes that im looking for a get rich quick scheme, im certainly not, I see every loss ive made as a lesson and ensure that I learn from each mistake I make. 
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    • By jason.lee
      Does it mean that you are an expert just because you make a lot of profit? The amount of profit cannot be used to measure the value of a trader. Yes, you must be doing something right if you are making a frequent profit. However, that does not determine if you are an expert or not just by your profit. This is quite a common misunderstanding in the forex industry.
      Making a large profit is only one side of the forex market. Majority of forex traders tend to lose most of the time after they have experienced profit. But why?
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      The experts on the other hand who stayed became wealthy and stayed that way, continue gaining profit, are all knowledgeable when it comes to the basics. Experts have dialed many ways to control their minds to be set right to be a trader.
      Understanding of the market is a must know anyway. Expert traders wait patiently until the right opportunity comes. Opportunity comes to everyone.
      What differentiates the experts and the beginners is that experts know when the opportunity has come and knows to take advantage of it. Making profit by luck is possible, and yes luck is also very important. But can you profit with luck every time?
      How an expert trader is determined is not by how much the person gained, it’s about the precision and the frequency of results. Profit can’t be maintained by luck. It is maintained and is a result of precision and strategical execution. You shouldn’t worry because you’re not gaining any profit right now.
      You should be building your skill sets to be a better trader by experiencing many trading situations of losses and wins. If you invest in your time to improve, your results are guaranteed to increase more frequently and will become more stable.
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    • 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.
    • 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.
    • IS THERE ANYTHING GOOD ABOUT LOSS?   We trade to make profits, and therefore we hate losses and like profits. However, when we put losses in proper perspective, we would see it as occasional blessings in disguise. Losses can be a good thing if they make you evolve into a better and more effective trader. You will then be able to trade with peace of mind, knowing full well that risk is under control and you will gradually move ahead regardless of any temporary setbacks (loss trades) along the way. The notes below are taken from comments of Joe Ross’ clients, who are traders themselves. Joe Ross has been trading for more than 60 years, and he is the founder of Trading Educators, Inc. Please read and get enlightened. May your pips be green! WHAT EXPERIENCED TRADERS THINK ABOUT LOSS “The reason they lose is due to sloppy trading habits. Traders lack discipline and self-control. That is what is so upsetting. We look at our trades and know we shouldn’t be in them, or we should be getting out, but we don’t. When we lose, we know we have only ourselves to blame. It’s as if the market is holding up a mirror of our trading behavior. I discovered by keeping a log of my trades and analyzing my losses, the majority of them come from my impulsive behavior and lack of self-control.” “Overcoming oneself, impatience, greed, and insecurity are the biggest problems. That’s why, with almost every losing trade, it’s such a big deal. We end up saying to ourselves, ‘Oh no! Here I go again not sticking to my trading plan’ yet again! Our compulsive reactions are much like the smoker who can’t quit, or a dieter, who has that one last chocolate ……” “Trading quietly, patiently, and detached would make most traders profitable, myself included. Thanks again for focusing on the real issues in trading.” “What you wrote about losses, is an issue every trader has to come to terms with. I have an additional thought I’d like to pass on to those who might be interested. I know from doing some self-searching that what I discovered affects me. “First of all, the money traded has a value; I worked hard for my money. Because I worked hard for them, they have a ‘sweat’ value, and a ‘time’ value. It might be only a USD 100 loss, but it has value. Secondly, and I’m not certain how best to explain this, but the risk of loss factor has an emotional component related to the results of previous trades.” “My angle is slightly different from what Joe wrote, due to the inability to expect a profit. I mean that Joe and others trade with the knowledge they are right 60% or 80% or whatever it might be, so it is more easily possible for them to trade with positive expectations. Unless they’re screwing up their process, it is a numbers game, so make another trade. I’m not at that point of confidence which is perhaps necessary. I don’t know if the question was really asking for an answer, and I don’t offer my response as my excuse. The value in Joe’s writing is his providing evidence that there is possibly a more detached view separate from the specific outcome of any one trade, or even a small group of trades. I recall this discussion in one of his books. (Some trading things need constant reminding.) This perspective can assist with getting on with the next trade when it appears, with a better expectation that is not related to the previous trade’s result.” How should you feel about losses? I once read somewhere that you are supposed to love losses. Does that make sense to you? It doesn’t to me. The worst aspect of losing is that it tends to create pessimism. Traders should feel bad when they lose only if they fought the market trend, or violated their own trading strategies. The best traders have a healthy ‘so what, big deal!’ attitude that maintains a sense of humor about losses. There is no reason to feel bad about losses if the trading discipline was correctly used. On the other hand, there is no reason to learn to love them either.” “Analyze losses, learn from them, and then let them go; move on, that’s the best thing to do. Understanding man’s relationship to time is one of life’s most important challenges. When man becomes free of time’s constraints, he lives life to the fullest and achieves goals on his own terms. Pessimism traps traders in the past, destroys their present, and robs them of the future. Imagine a world without time where the thought of death is not a finality of existence. If profits were not the reason for your work-related behavior, then who are you? Where are you and what are you doing? Who shares this existence with you? In the philosophical sense, man creates himself and his existence when he takes responsibility for his actions and his time. Think how various individuals create order, structure and discipline in their lives. How will you allow a trading loss today affect your life five years from today? Thinking the wrong way can become self-fulfilling. The trouble with self-fulfillment is that many people have a self-destructive streak. Accident-prone drivers keep destroying their cars, and self-destructive traders keep destroying their accounts. Markets offer unlimited opportunities for self-sabotage, as well as for self-fulfillment. Acting out your internal conflicts in the marketplace is a very expensive proposition. Traders who are not at peace with themselves often try to fulfill their contradictory wishes in the market. If you do not know where you are going, you will wind up somewhere you never wanted to be. Every business has losses. I cannot think of any that don’t. Shoplifting, embezzlement, internal pilferage, lawsuits, bad debts, spoilage, etc., I’m sure you can think of even more. You name it and businesses have one or more of the many ways to experience losses. Most businesses expect and accept such losses as part of doing business. Why, then, is it such a big deal when you have a loss in trading? If you know the answer to that, please let me know. The way I handle a loss is this: I examine it, make every attempt to learn from it, and ascertain whether I had the loss by straying from my trading plan. If I have strayed, I reinforce my resolve to stick with my plan. If I have not strayed, then I learn from it what I can, and shrug it off as a cost of business. It is not an expense, it is a cost, and if you don’t know the difference, you need to take a course or read a book on the basics of accounting.” Source: https://learn2.trade 
    • CHAINLINK (LINK) PRICE ANALYSIS: LINK CONTINUES ITS BEARISH PATTERN, MAY DROP TO $4 LOW Key Highlights LINK price making a series of lower highs and lower lows The market may fall to $4 low if the support at $9.50 is breached Chainlink (LINK) Current Statistics The current price: $11.01 Market Capitalization: $3,853,295,393 Trading Volume: $1,244,310,906 Major supply zones: $18.00, $20.00,$22.00 Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis September 18, 2020 Since August 15, LINK price has been making a series of lower highs and lower lows. This explains that the coin is in a downtrend. It will continue to fall except the bearish pattern is interrupted. Today, LINK is trading at $11 at the time of writing. On the upside, if buyers push LINK above the $14 high, the coin will resume upside momentum. However, if buyers fail to sustain the upward move, the downtrend will continue. On the downside, the market is falling to the lower lows. LINK/USD – Daily Chart Chainlink Technical Indicators Reading LINK is now in a descending channel. The coin will resume uptrend if price breaks and closes above the resistance line of the descending channel. In the same vein, the crypto will further decline, if price breaks below the support line of the descending channel. Meanwhile, the price action is indicating a bearish signal. LINK/USD = Daily Chart Conclusion On September 5, the coin has earlier fallen to the $9.50 low before making an upward correction. On September 5 downtrend, the retraced green candle body tested the 61.8 % Fibonacci retracement level. This implies that the market will fall to the 1.618 Fibonacci retracement level. That is a low of $4. Source: https://learn2.trade 
    • Binary Options No Deposit Bonuses List for 2020 - 2021 - https://binaryoptionsfree.eu/latest-binary-options-no-deposit-bonuses-in-2020/
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