redart
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Posts posted by redart
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Re: The 5 Phases of a Forex Trader
Most trader doesn't reach step 2 and beyond. Even with good forex education that still doesn't work. Traders that passed step 5 are certainly not here ;)
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Re: best indicator
I think qqe is a nice indicator but it performs better with other indicators like cci, stoch.
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Re: What's your strategy for coping with big losses?
My opinion, when market goes against you, the key is to cut loss sooner. So the use of appropriate stop lost is necessary. The only thing we can control in this game is the amount we can afford to lose. So cut your loser soon and let you winner run. If you can control your lost, you can control drawdown and you avoid big losses.
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Re: What kind of system are you using?
Hi folks,
I used martingale system but blew up my account. Now I realized how important good money management is. Never risk more than 2% of your account.
Most indicators lag but you can still be profitable if you use good mm and discipline.
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Re: PipMaker v15
This EA gives nice equity curve but can drop suddenly and burn all your account! Problem with this kind of expert. Better to start with micro lot.
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Re: MY INDICATOR GIFT FOR ALL ([V03]ABHAFXS)
Hi all,
Thanks for this nice indicator, what best TF to use with? thanks
Globalism the death of Forex trading?
in General Forex Discussions
Posted
Re: Globalism the death of Forex trading?
I believe a unique world currency will emerge sooner or later. That's just a question of time. Unfortunatly that will mean the end of forex traders and all the forex brokers. Hope that it will not come soon :?: