I don't know if it'll be useful, but I can give you some tips to add to your brand new trading journal) The workflow for a trader should include a combination of scanning charts and viewing the news, entering and managing trades, and keeping a trade ...

A Noob's Attempt at Profitability

Perhaps in exceptional cases this could be helpful. On the other hand, it will not allow you to perform a qualitative analysis of the asset, because you will only see the price level for a limited period, and this may not happen again soon, which ...

Suggestion for a charting sofware not charting service

Typical mistakes of most traders are the same. What don't you have to do to become a professional and make a stable profit at Forex? You have chosen a trading strategy, tested it and started trading on a real account. What happens next? At some ...

reasons why traders lose

This is a standard ratio that is often found in classical strategies. Although, actually a lot depends on the specific situation with a certain asset and the moment you enter the market. I think it's worth getting used to traditional approaches ...

TP - SL ratio? 1:1?

Now it is more relevant than ever, the main thing is that there is enough knowledge and desire to develop, and everything else will be applied. And in general, you probably start doing it when there are certain knowledge and you understand that you ...

When did you start trading full time?

Confidence in yourself comes only with experience, you probably also paid attention to the fact that when you first started trading you looked through the charts a hundred times, you thought about every step you took, you were wrong and very upset, ...

How do you learn to trust yourself in trading?

It seems to me that the key problem of traders is not that the market has some non-standard moments. The main problem is that traders do not want to think about it. In most cases, everyone is chasing some simple and most understandable systems of ...

Indoctrination and trading

It seems to me that in the first days after the situation with the virus in China, the situation was most clearly reflected in the U.S. dollar, especially given the situation with the trade war. In fact, it was noticeable both in terms of currency ...

Currencies affected by China's Economy

Of course, it is quite difficult for every trader to withstand such pressure, because you are literally on the edge that divides your profit and your failure. And yes, it is certainly exciting, but I will honestly tell you that over time such ...

Patience

I think that there is actually a certain amount of truth in your words, because I have also heard about such situations before, and in this case I can draw two conclusions. The first is that there are also certain economic and political events that ...

learned a very valuable lesson today

In fact, each of us makes a number of mistakes that can have an adverse effect on capital. It seems to me that it is self-confidence that prevents us the most, because each of us reads stories here and on other forums about how this or that trader ...

What makes You lose in the market?

I wouldn't argue so categorically, because some complicated and ambiguous situations happen to us all the time, but that's no reason to say that your system doesn't work or the classical approaches that many people have been using for many years ...

Are we all idiots?

You understand it's not about strategy, it's about your attitude to the market and your willingness to work for results. I know people who work with one or two indicators and come to an excellent stable result. And I know those traders, who use ...

5 years and still no strategy

I think that a good set of indicators and levels works best, because with their help you can determine how the price has behaved recently and what trends are visible at least approximately. Plus, I would never forget about news that can ...

What works, and what doesn't

Basically, this system is not devoid of logic, you really need to learn how much you have to make minimum profit in one trading session and what kind of drawdown you can afford taking into account your capital and trading strategy. It is clear that ...

$1 a day challenge

I think that this year was interesting precisely because the market was full of ambiguous events, which opened up completely new opportunities and prospects. Against this background, I and many of my acquaintances have remodeled investment ...

How was your 2019?

Look how many books are written about what should and should not be done in order to achieve significant results. And each of us on his own personal example, understands when he failed to achieve their goals and when everything has developed as it ...

To be successful... cut out the noise

In fact, my main rule is not to risk large amounts of my fixed capital, i.e. I do not apply them to one asset. In my opinion, it is much more effective to allocate the same 10% of capital to 3 or 4 assets and then to observe the situation and then ...

Whats your best money management method?

I still think it is better to work independently, because the market itself is very mobile, it is known to every trader, each of us knows how much news appears every day and how much they affect the situation as a whole. Plus, too many assets are ...

Automated trading vs Manual Trading

I agree with this idea, because here you are really responsible for your actions and decisions and you are responsible for what happens to your capital. Trading is a great test of strength and you're not going anywhere. Either you become a pro who ...

Trading is for loners:)