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Hi rookies! I am a rookie myself, so I will not be able to answer all of your questions, but if a ...
I think it depends on what type of trader you are as well. If you have all the time in the world, then you can use lower time frame, but if you still have a full time work, a part time work, a relationship to keep up, and a hobby to do (basically if ...
lol legit stages.. Im still at learning new rules and acquiring knowledge... right now I am in donate mode after getting overconfident, so Mr. Market decided to humble me down
Hi rookies! I am a rookie myself, so I will not be able to answer all of your questions, but if a ...
Hi, As far as I know only 1% of the population becomes rich off investing. Maybe <1% becomes rich quickly on investing. Based on my experience trading needs discipline and risk management. You dont need to be expert on technical analysis/ ...
Stop loss seems pretty reasonable to me - near term high of eur/usd. What will is your price target be? You have a 98 pips risk, so Im assuming you will have price target of at least 1.10536? From the chart, i think the near term support level is ...
On my limited experience, trailing stops are good for slow moving pairs or when it is guaranteed to go towards a certain directions. It is hard to use trailing stops on volatile pairs because the price swings might prematurely trigger your trailing ...
I think IF you are 1. Sure that the trend will go to your direction sooner or later, 2. You have a nerve of steel to see 20 to 50% (or more) of your account lose (on paper) 3. You have a lot of money to absorb the unexpected move against your ...