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If we don't know how to trade, we can lose money. Among all the reasons, this is the most obvious. You shouldn't get into this business if you don't know what you are doing because even professional traders lose money. The difference between an amateur and a professional trader is the number of...
1. Determine how the broker manipulates the price or software.
2. Develop a strategy that puts the broker at a disadvantage
3. Make money by trading it
Lots of people are enticed to the markets by guarantees of gravy train by means of day trading robots or professional consultants (EAs). An EA, or trading robot, is a computerized trading program that runs on your computer as well as trades for you in your account. Selling robots and also EAs...
Forex Trading is a very good business in which a demo account is given. This is a great facility for all traders. We can practice without any danger or risk. By practicing in a demo account, we will get Experience, And we will know about our mistakes. Then we will not make such a mistake in the...
Manual trade is better than robot trading because the robot is just a program. it don't understand the market's present situation and does not get any news bulletin advantage. If you manually trade than you able to get all kind of advantage and you can implement your own strategy. so I prefer...
Forex trading is a process that will never end to learn and practice, as long as we are still working on this, then we also have to keep learning and practicing, because we know that the forex market at any time will move and change, and sometimes systems and strategies we are using is not...
There is no shortcut in forex to make money in a short time/quick way. It demands continuous efforts including learning about forex, having a bigger capital, mimizing the greed factors etc. A good combination of all factor can bring a positive result. Earning is not as per investment, its about...
Automated. If you have a winning strategy why not convert it to a ea so you can do other things and still make money. Also note that a ea can trade 24/7 while a human cant so this could mean more profits.
The only way to consistent profits in this market is by using a long term trading method like Elliot wave or wd Gann method, those methods are using a daily chart to find a trade setup and most of the time those setup takes time to unfold and it takes time to complete the wave ..... less trade...
By the time the trading session closes, scalpers would have made a reasonable amount of money because of positive contributions provided by the profitable trades
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