Is There Any Thread Summarizing How To Trade Forex?
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Thread: Is There Any Thread Summarizing How To Trade Forex?

  1. #1
    I found thread. I don't see he pointing out we should use which moving average, explained everything in depth. May I know any thread sort out everything can read easily.

    Formerly, I register 1 forex course roughly 1k USD. After trading that method for 1 year, trading setup is significantly less and 50% winning rate. Quite dissapointing.

    May I know any cheap reliable price action course available about 300$.

  2. #2
    Sure there are forex information available online and forums like FF. I think there's not any easy way in understanding forex. Even those compensated courses may not get you where you want to be. Also, asking questions on forums may not likewise be the answer you're interested in because even though a helpful member would answer your queries once, twice, thrice etc, he/she will not and can not simplify everything for you. So I say, dig deeper and add more patience. We can not depend on courses alone but great ones are of big help

  3. #3
    Best course is autodidact, fund a small account and commerce, apply theories of support/resistance (supply/demand), momentum, divergences, fibonachi, risk/reward, etc..
    Here inforexintuitivethere are lots of good threads, better than any book out there. Additionally a fantastic studying is babypips school.

    Best luck in your trading journey.

  4. #4
    Quote Originally Posted by ;
    I watched James16 thread. I don't see he pointing out we should use which moving average, clarified everything in depth. May I know any ribbon sort out everything can read easily. Formerly, I sign up 1 forex course about 1k USD. After trading which method for 1 year, trading installation is significantly less and 50% winning rate. Quite dissapointing. May I know any cheap reliable price action course accessible about 300$.
    Sure, hand within the three hundred USD and I'll inform you. .

    Jokes aside, paying for a beginner course in forex or possibly a slightly advanced one is just nuts. All the info is readily available for free online - all you will need to do is to hunt down the threads or research online. And as regards 50% winning rate, what was the drawback? Just askin'

  5. #5
    I feel some circumstances make the situation appropriate for compensated beginner courses. Considering a person who is totally green on the market, it might prove hard to comprehend what is happening by just reading and seeing movies on line. However, the compensated course needs to be able to provide a scenario where the novice trader can ask questions directly to the mentor for replies. As such, it might make a difference. But again platforms likeforexintuitiveprovide such interactive forums in which newbie traders can ask various questions.

  6. #6
    Frankly, there was a great school on a different forum *sorry! * that goes through the fundamentals very well and easy. I really don't wish to directly say the name here as to not get in trouble, but if you've got a newborn, what's the most generic name because of its age, together with the word pips, and you got it Otherwise, this is actually a much better forum. Only the school there's easy to comprehend and presents it well.

  7. #7
    Quote Originally Posted by ;
    quote Sure, hand over the three hundred USD and I'll let you know. . Jokes aside, paying for a beginner course in Foreign Exchange or possibly a marginally advanced one is just nuts. All of the info is available for free online - all you want to do would be to hunt down the threads or study online. And as regards 50% winning rate, what was the downside? Just askin'
    The risk benefit direction is 0.75 : 1, With 50% winning ratio, you only getting money loses as the time goes by.

  8. #8
    Quote Originally Posted by ;
    I watched James16 thread. I don't see he pointing we should use which moving average, explained everything in thickness. May I know any ribbon type out everything can read easily. Previously, I register 1 forex course roughly 1k USD. After trading that procedure for 1 year, trading setup is significantly less and 50% winning rate. Quite dissapointing. May I know any cheap reliable price action course available about 300$.
    There isn't any such a system, cause there's not a one profitable syste that will work for everybody. Take 10 great traders and they will use 10 different systems. The thing that they will usually have in common is subject.

    Please take also note that it's likely to be quite profitable with less than 50 percent accuracy. But your ordinary gain has to be bigger than your average loss.

    So try different -free- systems untill you find your own !

  9. #9
    Everybody uses different egies, everyone wins, everyone loses. I think you just need to experiment with numerous distinct egies to discover which one fits your particular interests the best. There's a lot of free information out there as well so don't waste your money IMO

  10. #10
    Quote Originally Posted by ;
    Everybody uses different egies, everybody wins, everybody loses. I believe you just need to experiment with multiple different egies to discover which one fits your particular interests the best. There is a lot of free information out there too so don't waste your money IMO
    I agree, you can waste money on a trading platform only for the platform to screw you up. Personally,I believe the best way to approach things is to focus on building your understanding from Forex Trading. That way, you will be able to evolve with the markets, instead of relying upon system which could give you great returns only to screw up things after a while.

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