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henryduncan12
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Everything posted by henryduncan12
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samuel23 I am agree with you. Some traders lose money due to not using good money management system. There are number of rules and money management tips to avoid lose. We should follow them.
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I hope Futures Trading | Futures Trading .com the News & Info Home on Futures Trading and Commodities Trading. may be helpful for you. I am a forex trader and not having sufficient knowledge about future trading.
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Which technical analytic tools are you using right now?
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Is it regulated broker? Can you share your trading chart with us?
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Forex is still a challenge and traders are trading against each others. There are number of brokers started trading contest like FXOPEN.
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Hi forexfx4x, I am agree with you for the following "trading strong versus weak is a trend trading approach and can be very effective if executed correctly." Even though experienced traders execute it properly.
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The detailed information about forex investment or forex trading can be found here: Foreign exchange market - Wikipedia, the free encyclopedia
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Money and Happiness both are associated with each other but having money is not guarantee of happiness. Some points of research are good. There are number of sources of happiness beyond money.
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Trading Tip: Trade with a Plan – Using a Stop Loss
henryduncan12 replied to tradingadvantagetm's topic in Stocks
I use stop loss to avoid loss in trading. However sometimes without any preparation and trading plan open trade. I think, I should avoid it. -
Most Liquid Currency Pair (futures & Spot)
henryduncan12 replied to Hugh Morris's topic in General Trading
You are right Hugh. EUR/USD is the most liquid currency pair. -
There is also a good thread on forexforum.asia titled "What Are the Best Times to Trade for Individual Currency Pairs?" Source: Forex Forum | Traders in Asia - What Are the Best Times to Trade for Individual Currency Pairs?
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Go through to http://backtesting-software.winsite.com/. There are backtesting software listed. I hope, it may be helpful for you.
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Introduce Yourself Here - Don't Be Shy!!
henryduncan12 replied to trading4life's topic in Beginners Forum
Welcome investment Guru in this traders community. I think, trading articles shared here may help you to learn more about trading. Articles -
Thanks samuel23 to share some useful trading tips with us. These are more helpful for new traders.
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I concentrate on only one that is forex market.
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I want to suggest you for AVAFX IB.
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Thanks to share your risk management plan with us. However the following are more helpful for me: Do not hold positions over the weekend. Be aware of order types and platform operations.
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What Stategy Did You Apply?- Fast or Slow Profit
henryduncan12 replied to Jack Francisco's topic in Beginners Forum
I prefer to slow profit because there is low risk and I am not in favor of taking high risk. Making money within a few hours sometimes lead to big loss. Therefore it does not match with my trading style. -
Forex Trading Strategies – Its All About Boxes
henryduncan12 replied to asiaforexmentor's topic in Forex
Thanks to share these Forex Trading Strategies here. However only few points are good and helpful as well. -
Who Has A Strategy That Works??
henryduncan12 replied to kick buttkowski's topic in Technical Analysis
It is not easy to say which strategy will work for you. As it depends on number of factors like trading style, currency pair, trading system, brokers etc. So, if you share some more details about yourself then we can better assist you. -
Hi Gurvinder, There are number of traders who are trading part time and making good amount of money as well but it comes with experience. If you are new in trading then I want to suggest you for learning more and more about forex trading before to enter in it. There are some good websites like Babypips, Traderslaboratory and Forexfactory to being familiar with all aspects of forex trading. Then start trading with demo account and after having sufficient confidence and able to make money in demo account switch to real account.
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I am agree with you Johnathon. There are no tools or strategies that could 100% accurate prediction about market trends otherwise there will not be any looser. These help to just understand market moves.
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Trainers or vendors who are regulated or certified will be more trusted and new traders will believe on him. Regulation or certification makes a big difference between trainers. It is just like regulated and non regulated brokers.
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How Do You Trade the News in Forex Trading?
henryduncan12 replied to asiaforexmentor's topic in Forex
Thanks pimpin_pips for your reply. It is really helpful for me. -
Thanks Richard to share detailed information about "Selecting Multiple TIme Frames". I also had much confusion to choose the time frames.