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  1. M

    Which Technical indicator is the best?

    Fibonacci levels, Moving averages, Bollinger bands, RSI and many more. Technical indicators are quite helpful to decide the entry and exit points. Price action is the core concept for me and that works well.
  2. M

    What is the best strategy you think of 5.00 star(s) 2 Votes

    The best strategy in forex is something that differs from person to person. Scalping, day trading, swing trading and position trading are all profitable strategies based on how well you can use them. Personally I stick to price action and also use the Fibonacci retracement tool for day trading...
  3. M

    Steps that a newbie trader become real trader 5.00 star(s) 1 Vote

    I don’t think a newbie must follow a predefined road to trading. They must be ready to explore the market on their own terms so that they are able to decide their limits. If you stop them from doing something, they will become curious to find out what it could be. So, let them explore!
  4. M

    help me with understanding risk management 5.00 star(s) 2 Votes

    Risk management should be the basis of your trading journey. As you will continuously be taking risks in the forex market, you must be able to decide how much risk you can afford to take and what losses your pocket will be able to handle. Never go beyond your risk appetite because this will not...
  5. M

    How many trades a month for beginner 3.20 star(s) 5 Votes

    You don’t have to limit the number of trades you execute per month. The trades must solely happen in accordance with your trading strategy and how well you understand the ongoing market situations. Try a few trades in the live market and you will get what you are capable of doing.
  6. M

    Please teach me how to trade forex 4.30 star(s) 3 Votes

    The best I can suggest is go through the school of pipsology where you will get through your basics. After that, open a demo account to practice. Take the responsibility of your learning in your own hands. There is no reason to depend too much on others for your lessons because it’s your own...
  7. M

    How necessary is follow SL. 3.00 star(s) 1 Vote

    I think SL is very necessary in trading. Without SL, losses would be bigger, causing trading accounts to blow up. Every trader should use stop loss while trading to keep trading for a longer period.
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