Maybe reversing my position would help? So when I'd normally go bullish, go bearish? Because, I've been doing the same exact thing every time and when I enter a trade, it seems to almost immediately go the other way (out of last 15 trades, lost 13). I'll give it a try. Thanks.
I've been practicing with a demo account for about a month now with a system that I made. It seemed like my edge was fine until I switched from the usual timeframe (10min) to 15min. Now, it would seem like my edge has gone. I've lost 6 trades in a row with the same signals that I was using...
When you all first started doing Fx, did you have a mentor? Sorry I've been asking so many questions on the forum in a row, I don't know anyone else who trades securities that can answer these questions.
Does anyone have any advice for someone in my position or is posting on the forums ok lol.
I have heard that it is best to combine multiple indicators. I've heard Momentum, Trend, and Volatility are great categories to look at when combined. Do u agree?
I know this is up to preference, but in day trading, do you usually just stick with one Currency Pair or multiple. If multiple, how many and do you fluctuate between them during your trading session (1 day)?
How does that work exactly in detail? When, how long do you trade? Yes this is up to the trader and yes the definition is a trade before the day is over obviously, but how long do most day traders trade for (time sitting and watching the computer screen). Is it like "all day" until the market...
Hey guys! I'm very new to Forex (<1month) and from what I can see, the potential is awesome. I have been reading a few books and started a demo account with a broker and kinda know some basics from the "New? Start Here" thread -- which is awesome so far -- and some technical analysis tools like...
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