Complete Guide to Forex Trading (2020): Everything You ...
Complete Guide to Forex Trading (2020): Everything You ...
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How to Trade Forex: 12 Steps (with Pictures) - wikiHow
Our Reddit FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. - To be with other like-minded forex traders. So Welcome all to "The Reddit FTMO Forex Trading Community ". Cheers and stay safe .
So, basically, I started trading at age 14. I have studied, completed free courses, tested a few strategies, demo traded, traded a bit of real money, and I still can't seem to be profitable. I've been trading using only price action and support and resistance, and have a few signals I regularly take, but I am generally about breakeven, no more, no less. Any help?
What are solid sources that has helped you the most in learning/gaining success with investing/trading? Stocks, real estate, bitcoin/crypto, forex, etc.
Hi I’d like to find out more from the community about which avenues have helped you the most in learning about different investment opportunities, and which ones you’ve had the most success in. Also, if there’s any mentors that have helped you a lot along your investing journey, and experiences that helped the most to learn from past mistakes and correct them. Would love to hear more about good areas to start for beginners in any of these topics, but also open to more advanced methods that are helpful. Thank you for taking the time to read and share your insights on helpful tips and guidance towards different investment opportunities.
I have just started learning about trading in forex market and it would be great if someone with experience could help me to come up with a trading plan
I just finished reading Currency Trading for Dummies and I now have some very basic idea of trading however I understand that I’m only starting and I’m going to stick with demo account for now. Now I want to start working on my trading plan and as I have learned there is no easy formula to make a trading plan however I think someone with experience could explain to me some flaws of my trading plan if there are any. For now I only have a very basic trading plan. I have decided to trade in 1h and 4h charts. First, I will look at a general trend because as I learned in the book it is better to not trade against trend and then look at resistance and support in daily charts. Then I will look at where prices are likely to break resistance or support and there I am going to enter the market. I plan to close my positions at some key resistance or support levels or when I learn how to use it maybe I will also use Fibonacci retracement. Hoping to hear andvice from someone who is familiar with such type of trading Thanks!
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Forex trader looking to start trading Crytpo as well (help with brokers and lot sizes?)
Hey there -- I'm no stranger to trading. I trade Forex and Futures. I'm also not a complete newb to cryptocurrency in general, but I am when it comes to actively trading it. To me, it just seems like Forex but with crypto and I'd really like to start building up my crypto holdings by "trading up" my account rather than solely just converting cash into crypto over time. What is confusing me a little bit is lot sizing, leverage, and the right brokers to use. I was eyeing CryptoAltum if anybody has experience with that? Although I'd prefer something I can trade with Tradingview (my preferred charting / execution platform). Aslo -- lot sizing. With Forex it's pretty simple... 1,000 = micro-lot (approx. 10 cents per pip value on majors) 10,000 = mini-lot (approx $1 per pip value on majors) 100,000 = standard lot (approx $10 per pip value on majors). But how is lot sizing determined with Crypto pairs? I'm interested in trading crypto-against-crypto (for example LTC/BTC). Is there an online calculator somewhere where I can easily determine the value per pip (or "tick"?) based on leverage and lot size? Sorry if this has been answered a bazillion times.
Need help with coding a self learning agorithm that teaches itself forex trading.
I'm a beginner in coding and I'm not fluent in any coding language. I want to divide the development of this programme into 3 steps. First step: Feeding the bot videos of live traders, guides and also Forex trading patterns . Second step: Run the bot on a Forex Trading website that offers a demo. Losing money will "punish" the bot and the bot needs to learn to avoid losing money. Third step: Run the bot on a broker with real money. I do not know where to start with the code. I have no experience, I'm an 8th grader. Potentional problems that might occur in the process: The bot might just idle and do nothing when it loses too much money as the punishment code might intefere with the trading. Python might be too slow to process all the data.
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Anyone here use TanTan? and if so, are your matches almost always into forex trading, BitCoin trading etc etc and trying to "help" you get into it too by investing with a fake broker? how common is this? please help :)
I have engaged somewhat lengthy chatting with about 30 women on Tantan over the last 4 months, we always move over to WeChat and then in a few days or weeks the talk turns to using MT4, making money, bitcoin, gold investment etc etc etc Has anybody else experienced this? I have not lost a dime, but am flabbergasted that so many accounts could be scammers. Or, is it just really common for women aged 30-45 in China to be doing financial trading on the side and always making heaps of money? would love to hear any experience you may have.
Hello everyone. I've decided to jump into trading forex and I'm hoping you awesome people can help me with some questions.
So i did the babypips course. Twice. Read everything twice. Took the tests. The thing is I just am having a really hard time grasping the Dynamics of how everything works. It's making me feel really stupid. I figured after my second time of doing babypips I'd have a good idea of what to do but it's all still so confusing. I opened a demo account and made a ton of random trades and ended up turning the 50K they give you to play with into 200K so I decided to open a real account. I just deposited the rest of my tax refund(1600USD) into my forex account. I'm really nervous though. I had no idea what I was doing on my demo account I just bought low and sold high and I think I just got really lucky. I can't afford to depend on luck with this real money though. What should I do? Take the baby pips course a third time? It took a lot of time to complete the course the first time and the second time I completed it I didn't feel like I learned anything else. Be brutally honest with me here. Am I just stupid? Why don't I understand most of this stuff. I've been researching for weeks and watching YouTube videos and doing everything I can to try to get a grip on things so I know what I'm actually doing but nothing seems to work. Maybe I should just pull the trigger and do the same thing I did on my demo account? Is there a course out there that explains how forex works for 5 year olds lol? Any advice would be greatly appreciated. If someone can actually point me in the right direction and help me out I will pay you some cash via PayPal or venmo. I need help I feel silly. This is the first time in a long time that something has actually caught my interest. I never read and have no hobbies. But there is something about forex that drives me crazy and I have this burning passion to want to master all of this. I've spent so many hours researching and I just want to be good at this. I enjoy that I can make money off of this. But that's not why I'm so passionate about figuring this out. There's something about the trading of currencies that just really grabs me by the balls and makes me feel a certain way nothing else has my entire life. Money is great and all but I want to be the best trader in the world. Not for the money. Just to know I'm good at something. I must sound like a fucking weirdo by now. TLDR - took babypips course it didn't make much sense to me. Opened a demo account and turned the 50K into 200K making random trades based on gut feelings and it gave me a hard on. I just opened a real account and am ready to trade but nervous I'll lose it all and won't get lucky like I did in my demo account. I feel stupid after not knowing the Dynamics after doing so much research but all of this really interests me like nothing else has my entire life.
Help with Machine learning applied to Forex Trading
Hello boys, i'm a python coder with 4 years of experience behind my back and a Forex trader. I know almost nothing about AI so i've come here to ask some guidance about an idea that came up in my mind.I've trained a lot in the Forex market until i got some positive edge in my entries( i don't use indicators or whatever) and i wanted to create a bot that can replicate my trading style. I am unable right now to put down specific rules that would allow me to automate the strategy so i was wondering if there is a way to teach a bot my trading style with AI. What i mean is: assuming I am able to feed the bot with a set of entry points (data)(like in the screenshot), how can I make the bot try to learn and replicate my trading style ? Where do i start? Thanks for the replies. https://preview.redd.it/tl0xlqfwm7d21.png?width=2238&format=png&auto=webp&s=72e3a7e999c1571989281baca696c9cd69f5079c
Im 16 with around $1000 to my name, I want to trade. I really need a mentor to help me with forex trading I've been doing a lot of research but I want to actually do something with this, someone who is successful or is a full time Forex Trader please reply.
Searching for a Forex mentor around Bozeman, MT. I'm been looking in to currency trading for a little over a year and I know basic stuff, but I still need help with how to have trading system that's backtested and general help
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How To Trade Forex On Your Smartphone: My #1 Tip! - YouTube
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