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Hi, the black avatar here. I am happy to say with deep research and time I have found that indicators serve us best when combined with other indicators to make up for the lags,faults and glitches.
It has not been easy, yet my pursuit to find an accurate indicator is drawing nearer to...
Well placed . Newbies need to know and understand that all indicators are specifically designed for different market conditions. And should they be one that can brace all conditions it would be a construct of many indicators to make one. I wonder if someone has thought of doing that yet
-first destroy greed: the most simple way to get over greed is to Follow your rules
-second, destroy fear-think about the probabilities instead of the risk involved.
-third, to destroy anxiety- reduce risk, set a trading plan of how much to risk and project from the earnings received and not on...
hi, the black avatar here. have you ever been in forex and blowing accounts left to the right. strategy after strategy and all trades seem to blow up in you face. you need a break. hold on, you are not giving up. you just need time to see what it is that you are doing wrong. maybe its the...
This is normally calculated by getting the difference between a relative peak in capital minus a relative trough.
Traders normally note this down as a percentage of their trading account.
example: say you are new and you are inexperience. the amount you start with is a standard place for you...
I write this article from one of the guys here on this forum. he drove his explain spear point. I believe this will help you as did I. follow the link
Basic information on How Trade Works
click this easy to understand trade explanation
this is properly explained. the is no need for farther additions. I myself know very little about the overall trades of our economy. this article makes me what to find out more. any referrals as to where to start.
I hear price action yet its actual the style you are most comfortable using. be it price action or indicators or even automated robots. it really boils down to what works for you. always remember as humans/ man. we are all different and our understanding is not at all the same.
hi, its The black avatar here. guys, I have notice that in our field of trade the are lot of hearsays there and there. yet I cant seem to understand why? why do most traders spread inaccurate information. why do we deceive for profit when we our selves are capable of doing so much more. this...
Closing a trade whiles in profit is always a win. Markets at times turn not to agree with your projections. Closing trades at a change of character is a must.