Recent content by Etedus12

This is actually one of the first things you learn when you start forex trading. I remember when I first heard the terms they sounded weird. Anyways, when the market is moving upward that is a bullish move whereas, when it's moving downwards that's bearish.

Why use some other programs and websites when you can make statements right from the platform, at least from any of the MT platforms. can’t say anything about other less renowned ones. There you will get all the required data about your progress or setbacks. and it provides all the analysis of...

It's not really necessary to pass all courses about forex if you want to gain some knowledge about currencies trading. It's recommended if you have enough of free time, but at the same time, first-hand experience is something that can become a greater teacher. I don't wanna sound superficial...

Some people advise to trade no more than a month on demo account because it may instill you a false understanding of trading. There’s some truth in this statement but people differ. For some people it may take more time to grasp the basics of trading even a year or so. I think you won’t harm...

It seems to me that there are three assets that affect almost all trading in the forex market. The first asset is of course the dollar and it is in relation to $ the value of the majority of assets. The second asset is gold and the third asset is oil. We should note that in some pairs the US...

A lot in Forex trading basically refers to the size of a trade or the amount that a trader trades at any given time. Because the lot size directly influences the risk you're taking, it's the first thing you need to understand fully, before identifying your entry or exit points. Even the best...

There are lots of indicators which are directed at the information about whether an asset is overbought or oversold. I believe that the most popular is RSI. There are actually three areas there: the middle one, the zone of oversold (the lower part) and the highest zone is the area of overbought...

I know that i'll write some idiotically obvious thing, but you'd better realise whether you really want to trade seriously or not, especially after you got some experience from trading. I mean that this whole thing looks magnificent at first sight, but when you start to work out how to trade...

I do really agree that paid courses on trading are a kind of lottery because most of them are not worth the money. As for the sources of valuable information which are free of charge, there lots of them online. Why don't you start with Forex Military school on this forum. The educational...

Well, this proportion is overexaggerated, I guess. Mindset is crucial, skills are also important. I think that the right proportion would be 40% knowledge and skills, 60% psychology.

Why the rush? Competent statistics take time.

I think that staying on demo more than couple of months can cause bad consequences for a novice. If he/she stucks on demo account then he won't be adopted to trading on a real account and what is more significant is that it will be very difficult for him/her to adopt to it. You know, demo...

That's right. Losses is a great part of trading activity and it really matters despite the fact that they hurt too much. Actually, traders shouldn't focus on losses and make a sad story from them. They teach traders more than anything else, whether learning courses or various videos. Mistakes...

That is absolutely true. There is no chance of avoiding ane losses during trading. Some of them happen because of the trader and his mistakes or psychology, but some of the losses take place because of some news or something else. So, more often than not, a trader can do everything right but he...

Market's not kind either. You didn't get the point. At least you didn't get the half of the point. Before asking for advice on the forum you should question yourself on the same issues. Above you've asked what to do with the fact that you don't know what your system suggests for a particular...