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bearhugs

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Everything posted by bearhugs

  1. how to set up the screen for each strategy, and what indicators I use what currency pairs and time frame I use for each strategy what specific parameters I use for the indicators in each strategy where are the entry points, and how I follow the longer time frames to confirm the trend direction the process of placing the Expert Advisors on Meta Trader and trade automatically how to fit the strategies to your trading broker quotes trade with confidence proven Forex strategies
  2. There are many kinds of indicators and when you mix them it can result in excluding signals. Like this, it will be very difficult to make a decision about the right moment to enter the trade. On the other hand, adding a few indicators that provide comparable information is not the best idea either. Some think it will give them a confirmation of the entry points. But in reality, it can lead to unnecessary confusion and make the market difficult to evaluate accurately.
  3. Ten Tips for Forex Risk Management 1) Educate Yourself About Forex Risk and Trading 2) Use a Stop Loss 3) Use a Take Profit to Secure Your Profits 4) Do Not Risk More Than You Can Afford to Lose 5) Limit Your Use of Leverage 6) Have Realistic Profit Expectations 7) Have a Forex Trading Plan 😎 Prepare For the Worst 9) Control Your Emotions 10) Diversify Your Forex Portfolio
  4. There are many benefits to forex trading but, as with any market, there are also associated risks and it should not be entered into lightly. Whilst this article has covered the main advantages of forex trading, it’s also vital that you familiarise yourself with the potential pitfalls to ensure it’s the right decision for you. Forex trading is not a get-rich-quick scheme. Rather, it is a long-term strategy that requires knowledge and a keen understanding of how global events can affect the market.
  5. No FOREX trading is not at all an easy job, you should have to keep your self up to date with the market's news and should have complete involvement otherwise you will be on losing side.
  6. Forex trading is not an easy skill to master but you can shortcut your learning curve by implementing the right tips and tricks which I'll share with you. If you would like to understand more about the mistakes that beginner traders make, you should check out some videos on internet.
  7. @Ademas I totally disagree with you, you might have loss your money but it would be some error from your side too. WU always keeps all credential confidential and secure.
  8. I am not sure about this list but yes many countries are having banned on FOREX Broker, some of them are India – Restrictions on the way Indian citizens are allowed to trade in the Forex markets are being regulated by Securities and Exchange Board of India (SEBI) Belgium. North Korea. Malaysia. France. Bosnia Herzegovina. etc.
  9. For a fledgling financial backer or merchant there are specialized and principal pointers to learn. Financial backers utilize more principal pointers and the best graphs currently have line essential markers. There are a few that I use as a teacher. Level of Shares Held by Institutions PSHI is especially significant.
  10. A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed. If the price falls below a support level, that level will become resistance. If the price rises above a resistance level, it will often become support.
  11. The only way to improve forex trading is constant practice and learning new things. Overcoming your fear and mistakes is one of the most important aspects of improving trading.
  12. It is little wonder that Forex traders prefer to be protected. To ensure the safety of their transactions, investors usually choose to trade over a secured platform and this is what only regulated brokers can provide.
  13. A low spread means there is a small difference between the bid and the asking price. It is better to trade when spreads are low like during the major forex sessions. A low spread usually indicates that volatility is low and liquidity is high.
  14. Learning and practising in the forex market is very important. The constant learner can only gain rich experience which will help them a lot to stabilize and grow immensely in forex.
  15. Forex robots need 24/hours internet connection to execute trades automatically. In addition, the server that hosts the Forex robot should be reliable and offer maximum uptime. A delay or glitch in the server may cause Forex robot to make wrong trades.
  16. Spread betting is a leveraged product. This means that you only need to deposit a small fraction of the overall value of any trade, known as margin. For example, if the margin requirement for a trade is 20% then you would need 20% of the full value of the trade in your account to open the position.
  17. Money management is a strategy for increasing or decreasing the position size to limit risk while achieving the greatest growth possible from a trading account.
  18. A demo account helps traders practice trading beforehand and determine the potential risks of trading since they get to trade in a risk-free environment using virtual money. But a live Forex account is meant for traders who are experienced enough to calculate their risks and place accurate or profitable trades.
  19. The average true range (ATR) is a market volatility indicator used in technical analysis. It is typically derived from the 14-day simple moving average of a series of true range indicators. The ATR was originally developed for use in commodities markets but has since been applied to all types of securities.
  20. Newbie is often full of energy initial and thinks it's easy to earn profit in forex. but once they gain some lose their morale is totally down. so I think you should have a focused mindset, gain proper knowledge, be ready to face loss without fear, and trade with the demo first.
  21. Every forex trading strategy hasthier own pros and cons, so I think you should have the potential and knowledge to know which will suit best to that current situation.
  22. Every forex trading strategy hasthier own pros and cons, so I think you should have the potential and knowledge to know which will suit best to that current situation.
  23. Label your emotions. Before you can change how you feel, label the emotion you're experiencing right now. Reframe your thoughts. Your emotions affect the way you perceive events. Engage in a mood booster.
  24. Yes, to become a successful trader you have to create your own set of ethics and discipline. Controlling your emotions. on greed, learning from mistakes are some of the ethic as a trader you should have.
  25. The volatility calculator can be a helpful tool when trying to identify assets that you want to focus on closely. It allows you to measure the volatility of anything you might want to trade, over any given time period. Whether you are looking for a highly volatile market to generate high returns, or you want to avoid the dangers of high volatility, you can use a volatility calculator to find a suitable asset to trade.
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