Search results

Don't rely on just one indicator, have always at least one.

Good luck with it, it's obvious it's another example of scam

not at the current level ($9200) it's about to go down and then... rally up to ath at the end of new bull run at the end of 2021.

Personally don't think it will eventually occur, they talk about it, but it takes some time from a propose to a real law so... take it easy ;):cool:

That is why I like it and it give us a lot of volatility and opportunities in taking profitable positions :cool:

Hi people! What are your opinions about the coin? What are your predictions regarding its price next year?

Trading on forex is not that easy as it seems to be. There are a lot factors that make someone a successful trader. Knowledge, patience, clear strategy and Plan B

It all depends on you, how much time you got, what your preferences are and so on... Read some more about H4 and M15 or H1 and M5.

When you start a trade, leave your emotions behind. Have a plan, be ready for a negation of your strategy. These all will help you to avoid of getting wrecked ;)

Knowledge, Patience, Money Management and you can think of taking your first trade.

From my side I can also add, that non of you should take trades based on just your beliefs. Wait for a confirmation one, confirmation two of your strategy and then take a position. Always use a stop loss.If there is a negation of your strategy, don't wait too long to admit a mistake and close...

have your confidence but don't wait too long to admit your mistakes... Stop Loss should be one of your best friends ;)

Is there anybody actually using it? I can see that everyone asks for the accuracy of the indicator but with no reply... o_O

Thank you for your post skrimon, I find your posts very informative

depends on your goal and $$$, at the beginning don't even think that you'll become a new Warren B. just like that, it never happens. Start it with very little steps, make progress, learn, learn and improve your strategies and build your confidence in trading.

usually it doesn't work well, unless you're an insider and got some more info and based on that you can take an opposite move to the sentiment

I would also recommend you to check level of security of your personal details, you'll know coinbase ;)

it's hard to recommend you something. Let us know what trading you do... If you like a day trading - focus on M15 and M5 for scalping as karabo suggested you earlier. However, if you have some more time, I could recommend you H4 and M15.

I would say that at first, you should learn from more experienced people what to do and what to avoid, once you learnt that, start a demo account and practice it. After a while you will find out whether you're ready for real trading or not. Keep your funds safe and don't do anything blindly

Instead of having a journal, I would highly recommend all to create an Excel sheet with your trades - entry point, take profits, stop loss, set goal, real outcome of the trade, whether the goal been achieved or not, if so @ what percentage. This will help you with improvement of your strategies...