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Backtesting is of course very important in order to detect loopholes in our strategy before launching the strategy on a real account. -
When I lose money successively on my trades, I simply stop and think. Often I may have fallen to emotional trading, over-trading or any of the don'ts...Leave a comment:
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The best time to trade depends on what currency pair you choose to trade. There is no hard and fast rule about what time one must trade, but greater profitability...Leave a comment:
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In my opinion, I do not think the monies we trade with as individual traders has enough volume to move the markets. We must depend on multi-national companies...Leave a comment:
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@ libya:
I also agree with that. Some traders simply send great targets for themselves thinking that forex is a make-quick-money scheme. When however...Leave a comment:
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Forex is , as experts say, a zero-sum game. The money you gain is the money lost by another trader and the money you lose is profit to another trader,...Leave a comment:
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@ pinpin:
I agree with you that we need to be confident in our trades in order to boost up our own self esteem, but problem is when the trader...Leave a comment:
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Scalping appears easy at first, but even at that it requires great attention to technical and fundamental analysis. Some traders try to equate scalping...Leave a comment:
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I have tried fapturbo which was fabulous! Some EAs are indeed very good and the only limiting factor is that they tend to cost a fortune, but for sure...Leave a comment:
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Greed and loss are not unlike sisters. Greed is the elder sister while loss is the younger one. A trader who falls to greed falls to the greatest sin...Leave a comment:
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I have never tried trading gold, however from the charts it is not hard to see how tremendous the movements are. Apart from gold, I know the JPY has big...Leave a comment:
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@ sasa:
But for beginner tradrs like myself, it is important to begin learning how to be consistent with setting a stop loss in order not to fall...Leave a comment:
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I have read that the Japanese Yen is very volatile in all its pairs so if you want great pip movement in little time, then better to use of he the Yen...Leave a comment:
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