Parabolic SAR Moving Average Strategy - Learn This Trading ...
FTMO_Forex_Trading
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. -Share FUNNY Trading Memes. -"FTMO Forex Trading Community " Moderators are not endorsed by FTMO.com Cheers .
Learning how to navigate the choppy waters of the forex market means having access to plenty of tricks and tips to improve your trades. These tips and tricks will come from a wide variety of sources, some of which you trust and others you're willing to risk if it'll improve your daily forex trades. Since the foreign exchange market is growing larger by the day, the plethora of available information can be daunting for new traders. The key is to focus only on forex trading tips that are important to you now. Don't worry about information that you don't understand yet, because it won't help your trades today. Look for tips regarding forex basics until you become a more skilled trader. Strategy Tips Don't let yourself get bogged down with complicated currency trading strategies that have no meaning to you as this will only confuse you. Focus on trading strategies that are important for beginner forex traders. There are plenty of complicated trading systems out there intended for those well versed in the foreign exchange market, but implementing trade strategies that are beyond your current skill level can spell disaster. Your best bet is to find forex trading strategy courses and videos to help you understand the basics of trading. Once you have these tips safely stored in your brain, you can begin to focus on advanced trading strategies. Economic Indicators Any tips to forex trading that help you identify significant economic indicators is worth exploring as these tips have the best chance of helping you make successful trades. Many new forex traders have no idea what factors are important to a trade, but tips that encourage you to learn more about the economies of your currency pairs are worth following. Whether you choose to get regular alerts or you simply want to research the information for yourself, any trading tips that help you identify important economic data can improve your trades. Practice First When it comes to implementing forex trading tips the most important piece of advice for you to follow is practice first! Never implement a potentially profitable forex trading strategy into a real money account without first testing it out on a demo account. The internet is full of free forex demo accounts that will allow you to test out any forex trading tip, strategy or technique before risking real money on a whim. This is the best way to see if a strategy tip is legitimate or another scam looking to part you from your money. Additionally, demo forex accounts will let you know how well you understand certain trade strategies. Some trading strategies are difficult to comprehend and practicing following the trends is your best bet at trading profitably each day on the foreign exchange market. With a little patience and plenty of research you can be making profitable forex trades in no time at all!
Is the copy-pasting trading technique the best way to learn Forex?
Hello everybody! I've recently started learning about Forex trading. I'm currently attending some courses for beginners to understand how this market works. As you can guess, I haven't mastered any techniques yet. I'm just learning them. I've decided to post in this sub because I would like to learn more about Forex trading algorithms if there are any of them. I would like to know if this market can be systemized and replicated in certain ways. That's why I think that copy-pasting technique might be suitable for me as a beginner. Besides, while I'm learning, I also would like to try the copy-pasting trading technique in practice. As for me, it seems to be the easiest option since you are just copying someone's trading steps and decisions. I don't want to offend anyone, but it sounds like the best option for me now since it involves less decision-making and thinking from my side. I have no clue whether this technique is honest. I'm a bit embarrassed to address this question with my Forex mentor. That's why I've decided to ask this question here. I've read about this particular trading technique online. So far, I find it most suitable considering my knowledge and the financial aspect of it. Besides for me, I can feel that this could be a great way to get to know the market. I think that by copy-pasting a professional Forex trader's steps, I can unlock the algorithm on how they make their decisions. Basically, all I need to do now is just to find a broker who will share their technique with me. Do you think brokers are willing to share how they make their trading decisions with the rest of the world? Besides, I'd never thought it could be this challenging to find a trader this way. I've checked broker reviews and couldn't find a company that could help me. Perhaps I should use another search criteria for that. Anyway, thank you for your time reading all this. I hope you can offer me something or even share some tips on how to master any other techniques.
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Im so stupid I just created and verified interactive brokers account and then found out that I cannot trade forex neither crypto so now Im looking for a proper broker in eu.😅
What are the best paper trading platforms for forex?
As I haven't seen any success trading with real money, I'm changing my approach and will now do paper trading until I start to make profits. What I'm looking for exactly, is a paper trading platform that has windows and android support, preferably works with tradingview (If it's possible, I'm not sure if it is though), And I can keep track of my daily losses or profits.
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