Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
aimhi
-
Content Count
303 -
Joined
-
Last visited
Everything posted by aimhi
-
Are you an expert when you win, a beginner if you lose?
aimhi replied to jason.lee's topic in Beginners Forum
Traders should get their hands on journaling in order to review them for improvements and learning from their mistakes. -
Nowadays, it is really becoming hard recommending any broker since there are many new players joining this industry while many somehow winding up as well. So, it is good to check broker's reputation and number of years in service before opening live account with them. I guess HFM has a good past reputation in my opinion.
-
Candlestick patterns are easier to understand than any other charts in my opinion.
-
Yet being bad at contest but keep participating can be good to perform among the competition showcasing the skills and earning prizes as well. I guess even if there is no prize it helps us measuring our strength.
-
Gambling and Trading are two different chapters however many new forex traders take it as gambling which lead them to losing money because whatever we take into casino is theirs.
-
I always stick what Warren Buffet once said: "protect your capital", so whatever you risk keep in mind that it would be something that you can afford to lose and if you risk you can make some profits out of it.
-
Demo trading contests are always good since they come up for free and give you a chance to stand out of crowd by showing your skills and earn a prize too as an appreciation.
-
I guess the FPA can have some actual insights of the trader regarding any broker of your choice so we can check it before finalizing any reputed broker.
-
In my opinion this usdt is the only stable coin which is being traded against the btc and other crypto currencies since a long time now.
-
I hope you might have got this EA working on your MT5 platform or have you been using any other profitable EA now.
-
Candlestick charts are easy to read as compare to the other price charts however it may take some time and practice following these charts.
-
The traders need to think about what personality traits do they have in order to find out which type of trading best suits them. So if you are able to react quickly around the changes you can do short term trading but if not then you can go for a long term trading career in my opinion.
-
It is so hard because we don't want to learn those necessary skills that needed to make money out of this marketplace.
-
Many new traders go hunting for money in forex trading similar to gambling since they do not have the idea of whats going on in the market so they end up losing money. Better is to learn how the forex or any trading mechanism works in my opinion rather to end up wasting the time and money in this marketplace.
-
Markets become volatile during the news release or during holidays (christmas etc), i preferably avoid trading during the high impact news releases since you never knew which one sided direction market may tends to reach for during such high volatile periods.
-
They have a payment wallet however i usually withdraw my payments in ewallet and the transfers are usually instant.
-
Many new traders quit the markets after losing money (approx 90%) , some stay in the market and eventually they also leave within the next two year and those who stay for longer are the few which makes the top successful traders.
-
Agreed since every market crash is yet another opportunity of making money yet people got scared and stay away from the market at that times.
-
That may sounds quite interesting since the best thing is to protect your capital while risking it to make more money in forex or any trading business in my opinion.
-
I guess we should learn forex trading first and then trade the demo account for some before jumping to live trading account. When trading live we should only focus on one trading session and i prefer trading either London or New York for better results.
-
Metatrader Broker for Trade Future and Index ?
aimhi replied to dowjonestrader's topic in E-mini Futures
You can google the entire list of brokers using the MT4 from the internet in my opinion. -
What is the most important thing in a person's life?
aimhi replied to analyst75's topic in Trading Psychology
Agreed because health is more important than anything in this world. What can we do with getting a million dollars but no confirmation of waking up another morning. -
Metatrader Broker for Trade Future and Index ?
aimhi replied to dowjonestrader's topic in E-mini Futures
I will be switching once the MT4 options closed by the service provider anyways i have a change of mind and i have downloaded the new mt5 version today. -
We should only invest to that extent which we can afford to lose in forex trading however, money management and risk mitigation comes up with spending some time in the live trading markets.
-
I guess whoever is still here is making some good profits from trading so far.