On the one hand, I have nothing against automated trading, because for someone it is probably the same chance to earn and increase their income. But on the other hand, I do not understand how you can rely on the opinion of some system and not study ...

Automated or semi automated trading?

As far as I understand the indicators show average levels that have already formed historically, and if there is a new non-standard situation, then they may not work... Besides, as far as I know the indicators do not work during the news release, ...

Why do indicators not work/work? Why is Forex not truly random?

Probably, there is some truth in this, although we are all participants of the forum, which means that we are not so alone. But on the other hand, I know a lot of people who hide from their loved ones that they are trading because they are worried ...

Trading is for loners:)

You understand that because the market is constantly moving and changing it is difficult to say that you can take one strategy and immediately put it on the market so that it gives a large number of signals, etc. As practice shows, most of even ...

What works, and what doesn't

For me, automated systems are something more risky than classical trading, in which I control the situation myself. And all because you can't influence the situation in any way, you're just an outside observer, who actually has no role in his own ...

do automated trading systems work or...

Answering this question, I probably wouldn't talk about a specific indicator or strategy, I would rather say that my serious attitude to trading helped me, or rather that I started working not just for luck, today I have earned and tomorrow I will ...

What increased your probabilities as a trader?

It seems to me that your emotional state is important to your success in trading. I honestly cannot imagine how you can be completely relaxed or calm during trading, but I know for sure that you cannot let your emotions go. The more calm and ...

Keys to Success

In fact, this is a very big and difficult question, which is difficult to answer briefly and without any reasoning. To trust yourself you need to be sure of what you are doing, to do this you need first of all the knowledge about the case you are ...

How do you learn to trust yourself in trading?

I can't disagree with that because it's when you trade that you need to keep your concentration all the time and not give in to emotions. And they will be very strong, because everyone who sees something wrong with his money will panic and it is ...

Psychology matters most!

Just don't expect things to go easy and simple. The market is complicated enough and even when you think you are ready for everything, there can still be a hundred situations that you have not foreseen. But here's a recommendation about working on ...

Forex trading

I know some people that are extremely successful and I heard about a lot of people that making billions. Krieger, Soros and many others traders made millions trading forex and become a sign of successfus. Of course, the majority of successful forex ...

Is Forex Trading A Scam?

I know that most traders enjoy Metatrader 4 and think that it's the best trading platform cause a lot of reasons. I can't judge so, I think that each trader has it own trading platform and the best trading platform is those, that feet all your ...

Top 100 best Trading Systems: post good Trading Systems here

The Pareto Rule works in all areas of life - "20% of the effort produces 80% of the result". In the Forex market as well, no more than 20% of the total number of traders make a steady income. But does it really mean that your chance to be successful ...

Successful traders are very, very rare to find

Neural networks are one of the most popular classes of algorithms for machine learning. In financial analysis they are most often used for forecasting, creating custom indicators, algorithmic trading and risk modeling. Despite all this, the ...

Any success with neural networks in trading

I prefer to listen no music or listen some kind of background music, such as series or films soundtrack or even classical orchestras. In fact, music to listen while trading should be calm, as it can create bad emotional background and impact your ...

What kind of music you hear while you trade?

I don’t know how the others are, but for me, forex trading is something like a part of life. I started trading on a demo account, but gradually got carried away and now I trade for real money. Initially, it really was like entertainment, just ...

Why do I trade Forex

Pivot lines are very important, that’s a psychological effect of round number on human brain. Not only in online trading, but these numbers have great power in ordinary businesses too. Around these numbers a lot of activities will happen so you ...

Open Trade near Pivot line (Pivot Point)

I think 20-30% annually would be a realistic goal. So to earn that much you have to earn about 2-3% monthly. Don’t think it’s too little, don’t be deceived by some fancy backtests that you saw on a forum. These are not real, if the seller would earn ...

Realistic Monthly Trading Profit?

Use a mirror strategy You can just sit and watch how your deposit gradually decreases I try to run every morning. I listen to good music and clear my mind. I can meditate 10 minutes a day to feel calm. I have one very important rule. I never ...

How to Become Emotionless