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- ericnyamu replied Sep 7, 2014
what if i told you you can loose your account with poor exit strategies . strategies so poor that you they turn a good trade into a loss
Exit Strategies discussion
- ericnyamu replied Sep 7, 2014
AS a newbie you cannot begin your forex life any better than following the trend . You are going to be the 1% that never blew their first account
Help with Trend
- ericnyamu replied Sep 7, 2014
Donot let yourself be overcome with news. there's so much news there that if you were to follow news you would have traders paralysis. and you will never trade fr fear of news.to avoid fear of news trade higher time frames because with higher time ...
what's with all the news?
- ericnyamu replied Sep 7, 2014
I understand the fear you are facing.to overcome this fear look at higher timeframes when looking for trading set-ups.and only ue the lower time frames when you are entering the trading set-ups.also have one trading style. donot mix them up. if you ...
Overcoming fear in forex trading, advice needed.
- ericnyamu replied Sep 7, 2014
scalping is how to loose money very very fast asin in blowing money fast !
What exactly is 'scalping' ...?
- ericnyamu replied Sep 7, 2014
there's no broker for newbie.not all brokers are genuine but a broker specifically for newbie doesnot work.
broker for newbie
- ericnyamu replied Sep 7, 2014
trade higher time frames and you will be looking forward to NFP as it will be complementing your trading strategy.if you look at lower time frames you will be dreading nfp and always loosing your trades when its around. which snot the way to trade
A Question about the NFP
- ericnyamu replied Sep 7, 2014
if you think the market is boring . chose a higher time frame and you will see itsnot boring
Boring day
- ericnyamu replied Sep 7, 2014
anything below a daily time frame is useless.look at higher time frames upto monthly charts and you will be profitable
best periods
- ericnyamu replied Sep 7, 2014
If newbie would just trade higher time frames and stick to 2% of equity rule they would be fewer losses and definitely they would,be around to trade forex.
reasons why traders lose
- ericnyamu replied Sep 7, 2014
Lets do a little exercise: Open your MT4 chart and look at the last loss you made. Ask your self this questions 1.Why did i make that loss 2.What can i learn from the loss 3.How can i avoid the same loss again.
The 8 most dangerous mistakes of forex
- ericnyamu replied Sep 7, 2014
Forex isnot gambling but if you trade poorly you will loose money like you are gambling . REAL TALK . BELIEVE THAT
Forex gambling?
- ericnyamu replied Sep 7, 2014
From demo trading donot go all in into live trading . open a No Depsoit bonus account first and test your trading system with a live account
When to go live
- ericnyamu replied Sep 7, 2014
donot bother with robots. they will work for a few months then bring you problems .demo trade to your satisfaction then start with a No Deposit bonus forex account. if all goes in go all in into forex.
Which forex robot is the best?
- ericnyamu replied Sep 7, 2014
i would say short term / swing. i have other things i can be doing other than starting at price charts.
Best time frame to trade
- ericnyamu replied Sep 7, 2014
Its possible to live off forex . let nobody tell you otherwise.
Living Off Fx
- ericnyamu replied Sep 7, 2014
did you say forex volume ? YUCK !!!!! YUCK !!!! YUCK !!!!! vomit it out .
Forex volume