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New Begining on Forex | Myfxbook
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Hello to all master, i'm new in forex can u guide me how to start in using forex. Thx 😀
Menuju Bisnis abad 21 ..........!
"What is important is we should learn from yesterday, live for today, hope for tomorrow and never stop finding ways to beat the system
if you are new try to buy a good expert and run it on your account. while you make profit , try manual trades on demo and start to read and learn. it take 3-4 years to become a good trader.
@Bijan : can you recomend to me about good expert 😁
Menuju Bisnis abad 21 ..........!
Feb 05 2012 at 09:13
Biedrs kopš   239 ieraksti
@Bijan : can you recomend to me about good expert 😁
Hi again. sure i am glad to help you
these experts are good , i have it and its really profitable
1. forex growth bot V1.6
2.wallstreet forex robot V3.9
to success you have to add several EA to your account. its easy and you can enjoy your profit for life time
Feb 20 2012 at 23:54
Biedrs kopš   345 ieraksti
Mmm...would definitely learn to trade manually before moving to a robot!
Feb 21 2012 at 08:44
Biedrs kopš   239 ieraksti
Mmm...would definitely learn to trade manually before moving to a robot!
sure , you can learn how to trade in forex manually. but manual trade need patient, stability and Consciousness in days and nights for every day and every hour.
Feb 21 2012 at 09:20
Biedrs kopš   345 ieraksti
Not really. You can build a manual system that alerts you when new trade opportunities appear, and you can add a little software that takes care of money management whilst you do other things. I am at the computer only when I need to place a trade.
Mar 26 2012 at 08:31
Biedrs kopš   12 ieraksti
if you are new try to buy a good expert and run it on your account. while you make profit , try manual trades on demo and start to read and learn. it take 3-4 years to become a good trader.
Mar 26 2012 at 08:31
Biedrs kopš   12 ieraksti
Mmm...would definitely learn to trade manually before moving to a robot!
Mar 28 2012 at 03:06
Biedrs kopš   14 ieraksti
Can you expand a little more regarding the manual system you are using as well as what type of alerts? So far I have been looking at two systems, both of which are from Phillip Nell, the first is his 4H MACD system and the second is his 5M Intraday system. My idea is to look for trends on the 4H and then look for entry points on the 5M system. Any thoughts on that?
Otherwise if you could check out the thread I started here at https://www.myfxbook.com/community/new-traders/starting-from-scratch/280698,1 I'd appreciate any input you might have.
Regarding the robots that Bijan mentioned please keep in mind I am new to this. Do these robots actually place the trade on your behalf? That is not something I'd be interested or trust but I could always use a little extra confirmation on my own system.
Thanks in advance for your help guys. Happy Trading!
Mar 28 2012 at 04:53
Biedrs kopš   345 ieraksti
I focus on H4 timeframes because they are relatively 'noise' free and generate fairly accurate signals regardless of the indicator being used, i.e. MA, pSAR, etc. I too used to look to shorter timeframes for the entry point, and I don't think there is anything wrong with that, except that with the indicator I use now I don't find that I need the shorter timeframe.
Currently I am using Tom DeMarks Trendlines. Essentially, this is a breakout system from trendlines, and includes 4 qualifying filters at entry, 3 risk management exit conditions, and best of all, price projections with a good degree of accuracy. This allows me to systematically draw my trendlines (using DeMarks method), watch for a breakout, qualify the breakout, enter the market with a stop-loss, trailing-stop, and take-profit target, and exit the market quickly if risk management conditions dictate. Very clean, precise, and simple to follow.
Google TD Trendlines and you'll find lots of info.
Nov 18 2021 at 18:49
Biedrs kopš   567 ieraksti
I focus on H4 timeframes because they are relatively 'noise' free and generate fairly accurate signals regardless of the indicator being used, i.e. MA, pSAR, etc. I too used to look to shorter timeframes for the entry point, and I don't think there is anything wrong with that, except that with the indicator I use now I don't find that I need the shorter timeframe.
Currently I am using Tom DeMarks Trendlines. Essentially, this is a breakout system from trendlines, and includes 4 qualifying filters at entry, 3 risk management exit conditions, and best of all, price projections with a good degree of accuracy. This allows me to systematically draw my trendlines (using DeMarks method), watch for a breakout, qualify the breakout, enter the market with a stop-loss, trailing-stop, and take-profit target, and exit the market quickly if risk management conditions dictate. Very clean, precise, and simple to follow.
Google TD Trendlines and you'll find lots of info.
Jun 30 at 11:43
Biedrs kopš   93 ieraksti
We see that new traders make some common mistakes that keep them lag behind. Newbie traders are affected with several issues like revenge-trading, enhancing lot size, not caring about market situation, trading in highly volatile pairs. They try not even the slightest to develop their ability rather they are emotion-driven.
Jul 01 at 09:15
Biedrs kopš   262 ieraksti
most welcome in this community , have a very good journey
Jul 02 at 13:31
Biedrs kopš   328 ieraksti
Hello! You could start by utilizing free sites like this one, YouTube, and others to learn everything you need to know, then move on to a demo account and practice your strategy until consistently profitable.
Jul 03 at 10:20
Biedrs kopš   42 ieraksti
this forum is really supportive for the traders who are particularly beginners.
Jul 04 at 13:09
Biedrs kopš   28 ieraksti
beginners can start with psychology of school including a practice account , this is the perfect combination for the traders who are above all beginners.
Jul 29 at 12:09
Biedrs kopš   510 ieraksti
Love to know how the OP is getting on now 10 years after this post. Can do a lot of learning and studying in that time!
If you can't spot the liquidity then you are the liquidity.
Aug 02 at 06:48
Biedrs kopš   32 ieraksti
When I first started off with trading I made sure I am consistent with my knowledge and practice
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