General advises and experiences sharing for forex traders

[Aaron_0]

There are plenty of forums where traders offer their trading techniques for free. However, a majority of them are too complex to understand and practice in reality. In most cases, it is only the actual creator who has a thorough knowledge of the same. I am yet to encounter a simple but very effective trading system apart from moving average cross over strategy which unfortunately is suitable only for trading higher time frames due to lag. Do you have any tested system which is extremely simple to follow. The trader should make returns of at least 20% per month (1% per day) with a draw down of less than 10%. Do explain in details for even beginners to understand.

 

[Aaron_0]

What is the best forex forums online that you have came across? I mean those might not be ptp forums and they're more genuine and less censor as they're not ptp. I found those to be more honest and less of censorship and many posts that are very interesting and entertaining. What about you? What is your best forex forums online?

 

[Aaron_0]

we want to discuss here if any body here making stable weekly or monthly profits and if yes how he is making it ?i mean are you trading with scalping or with swing or daily trading ?

 

[Aaron_0]

Forex trading and internet marketing are all online based business and as a matter of fact most of the people makes money from internet marketing which involves with selling products online with some sites like fiverr and some similar ones. So lets compare them both. To me I would prefer forex because of its simplicity.

 

[Aaron_0]

Forex trading and internet marketing are all online based business and as a matter of fact most of the people makes money from internet marketing which involves with selling products online with some sites like fiverr and some similar ones. So lets compare them both.

To me I would prefer forex because of its simplicity.

 

[Aaron_0]

its more important to find a better strategy which work at least 70% plus. because most of the trading strategy work for very short time.

 

[Aaron_0]

Holding one’s patience is as hard as holding fire on palm. The reward of holding patience in Forex trading is implausible. As long as you don’t have patience, you can’t be a good trader. So, develop your patience even before igniting your trading skill. It’s because your skill will be of no use until you have patience.

 

[Aaron_0]

Among the list of countries that blacklist Forex as a business among their citizens is Japan.

Over times, Japan has reiterated the need for her citizens to stop trading in Forex and embrace the local job opportunities that abound in the country.

Well, there are those who harkened to it while others refuted it which in a bid to discourage and stop them outrightly,led to the ban.
What would it have meant to you if you were a Japanese.

 

[Aaron_0]

Successful traders do this guys! They trade for the future. What I mean by this? I mean that they don't trade for what they are seeing at the moment. THey trade for what they see in the future.

For example, a regular trader would sell his USD if he sees that USD is slowly dropping values today. On the other hand, a successful trader upon seeing USD value dropping today, he would buy so much more USD because he sees that a few days or a week from now, USD will rise again.

What do you think?

 

[RainbowRain]

You are right. Experienced and successful traders always analyze higher timeframes, so they see the general trend better and buy on pullbacks when ordinary or inexperienced traders think that a real reversal has occurred. Therefore, beginners start selling when experienced traders are looking for points for profitable purchases at the end of these pullbacks in the direction of the continuation of the trend.