dbelov275

I am not an expert in this, so whatever i say or have said may not be the perfect fact. I can't tell the difference, but i know it is better to use more than a single frame. Even experts use more than one. I have meet just 2 people who use single frame sometimes, but the have been trading for over 40years. Their wealth of experience is on another level.

That is a total gamble. no one can predict the movement of any stock in 60 seconds. that is simply to short for a reasonable analysis.

Don't do same mistake most new traders do. They basically jump into trading without proper understanding of what they are going into. I would advice you to take a whole lot of time to study and understand Forex. it took me 2 years of learning and paper trading. And it still takes me a long time to carefully analysis a trade before buying. So you need Time.

Indeed. it is not impatient folks. It takes time to learn and understand, and it takes even more time to sit behind your P.C, following charts and indicators plus news in order to make accurate analysis. Patient is one important key to be successful in Fores trading but the most important thing is the Knowledge.

It is possible, especially when the frame is like 2-3 day long. However, it is still not recommendable in my opinion. it is better to use 2 or 3 time frame.

Forex is simply profitable when you know how to trade, no matter the age. However, don't even start if you don't know how cos it can also be the fastest way to loss money.

Noted. thanks for all your ideas and advice. It was helpful.

First of all, trading is not for rich or wealthy people. as a matter of fact, the ends of trading is to build wealth. Also, Courage and being afraid are not tools or basic requirement for trading. you need KNOWLEDGE of trading. because entering the market with courage or fear will not help you except you know how and what to trade.

Hmm.. seem like a pretty cool strategy. How well have this worked for you? I actually have been following this stock after your reply, and it really looking good. Something else i should know before jumping in?

And concerning trading Forex, I will recommend you this; since it is post Brexit now, continue selling GBP against any currencies if you are trading the forex market. More room to go on the downside for GBP.

Well, depending on the your knowledge about the two, your risk tolerance, and how you want to invest and for how long.. Notwithstanding, i will recommend the stock market cos it offers lower price entry and yield quite much over time.

I don’t know how to explain the question i intend to ask, but i think i meant this: What kind of investment are you doing, and what did you consider before deciding to choose/go through with your own investment options? I hope i expressed myself enough. thanks for your answer.

I still do not think it was a better choice to leave the EU. I personally believe that the Brexit won't bring a sudden death, it is a slow poison. we have to wait and see it unfold itself. However, I am talking based on how it affects me. this issue is two sided, and everyone are on either side. It will benefit me personally when they stick together. #personalReasons..

I forgot to mention, the $3 trillion loss is almost recovered, as the market is soaring to new height daily. perhaps every prediction about the aftermath of the Brexit were overrated.

Well, they voted to leave, but it may as well be reversed, cos the referendum only called for the process of exiting the EU to begin. The formal step is for the government to trigger Rule 50, a formal notification of exit, which Prime Minister David Cameron has not done. Despite a campaign promise to do precisely that, he decided to leave power and leave that step to his successor. In other words, nothing has happened, nor is anything going to happen until September at least, when a new government takes power. That government will have to win a confidence motion in which the many legislators who fought to remain have to vote for a government committed to the exit, or the game ends there.

I totally understand from your own perspective. i must say that i am not in the camp of those that want Brexit, but i won't also admit that there is nothing good about it. However, i am not saying that it is good they left, but i think we should relax and watch, it may be for a greater good in a run long.

I had to look for this trend. Now we see that the Brexit has actually done more harm than good. I can begin to say them all, but right now the world has recorded more than $3 trillion lost because of Uk exit of EU. lets only hope it will be of more good in the long run, cos right now, things are not good at all.

Lose more than gain? well, once again, i can't say for sure. but the things is it looks like all analysis are very subjective, and based on one's opinion on Brexit. Very little science is involved in those. However, now that the leave won, lets see what is going to happen.

Also, i don't think they will even go. the last time i checked, the indications were showing 51% to 49% in favor of the remain campaign. So you may as well, not bother much.

Well, that seem to be what everyone is saying. however, i don't quite buy it. because there are no indication that the brexit will affect the balance of demand and supply of oil. this is my opinion.

I think there was an over supply of oil but this time, it was from the companies/refineries that stocked up oil during the time oil was sold at $30 per barrel.

but if i decide to invest for that long, what is the risk like, or is it a guaranteed profit?

well, i have about 50k that i do not intend to use for at least for a year or two. it took me all my life till this moment to gather up that amount, and i don't think i want to lose it. that all i can say about my level of risk tolerant.

which of these two will you consider better, considering that you may lose you money in the stock market because of its volatility. will you rather save your money in the bank or invest it in the stock market?

Thank you so much. it was really helpful. I think i should think about my level of risk tolerance before making a final decision.