Learn from FXOpen education forum

Discussion in 'Forex Training And Education' started by radex78, Jul 15, 2022.

  1. radex78

    radex78 ECZ Member

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    A Journey of a Thousand miles begins with a Single Step

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    Trading mechanism

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    Learn Forex Trading with FXOpen Forum

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  2. radex78

    radex78 ECZ Member

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    Don't Fear, Just Live Right

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    Learn Bullish Harami Pattern

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    Learn Forex Trading with FXOpen Forum

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  3. radex78

    radex78 ECZ Member

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    Reversal pattern in the trading analysis is not much important for making plan trading, with understanding reversal pattern, hope trader can take benefit from the possibility to get the beginning trend to gain maximum profit, after learning about bullish harami candle, now improved to get understand about bearish harami pattern.

    Change your Thoughts and you Change your World

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    Learn Bearish Harami Pattern

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  4. radex78

    radex78 ECZ Member

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  5. radex78

    radex78 ECZ Member

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    Focus on the Journey, Not the Destination

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    Waiting for the Perfect Timing

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    Learn Forex Trading with FXOpen Forum

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  6. radex78

    radex78 ECZ Member

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    Some traders may be considered forex as an easy way to get rich in a short time, but in fact, rarely traders can survive and run forex in the long term, and many traders get fail and leave track stories about forex. There are basic requirements to become good traders.

    The only Impossible Journey is the one you Never Begin

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    Learn Basic Requirements of Trading

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    Learn Forex Trading with FXOpen Forum

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  7. radex78

    radex78 ECZ Member

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    many traders come to forex by working as gambling traders, they expect to make huge money a short time. There are traders who lack in discipline because of weak psychology trading, gambling trading usually will not last long on the forex market. The market has no mercy for gambling traders and will face losing money.

    Failure, Loss are just Mile markers on the Road to Success

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    The mindset of Gambling in the Forex Market

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  8. radex78

    radex78 ECZ Member

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    First time hear the term forex, maybe beginners still feel strange about what is it. A beginner needs to learn basic education forex, and sometimes maybe they face certain problems. And one way to get an answer is ask to senior traders, maybe they can give something idea to solve the problem.

    Goals are Dreams brought to Life

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    Get the Support for NEW Traders

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    Learn Forex Trading with FXOpen Forum

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  9. radex78

    radex78 ECZ Member

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    Various ways to identify the trend market, support, and resistance point still become an important study in trading to help traders identify the trend and reversal market. However, determining exact support and resistance isn't simple. There are other ways to identify valid reversal, maybe many traders are already familiar with Pin Bar. Yes, wick on candlesticks can become powerful analytics for looking and learning reversal or retracement.

    Keep Calm and Carry On

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    Learning The power of WICK!

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  10. radex78

    radex78 ECZ Member

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    There are so many mistakes that could happen and be faced by traders, Learning from mistakes is one way to make trading improvement skills, recognizing the mistake is a good way to get an education and learn to overcome in the future.

    There Is Always a New Challenge to keep you Motivated

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    5 Common Issues that Traders often Face

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  11. radex78

    radex78 ECZ Member

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    Trading forex included risky business, however, as traders, they do not simply click buy or sell to make a profit from the trading particular pair, because gambling doesn't work in trading, but still, so many traders do so. In casinos, only 5% of gamblers win, and the rest lose money. But how do trade avoid gambling?

    Success is how high you bounce when you hit Bottom

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    Are you Doing Forex Trading or Gambling?

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  12. radex78

    radex78 ECZ Member

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    How to trade in a simple way to use price action trading strategy, although the strategy of the type looks very simple, but this is need deep learning to get the core of education, market is very dynamic, unpredictable, implemented strategy trading needs risk management, most pro trader suggest to take risk only 1% or 2% to boosting opportunities.

    We must Embrace pain and Burn it as fuel for our Journey

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    Learn Price Action Trading

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  13. radex78

    radex78 ECZ Member

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    Trading forex mainly involved psychological trading, especially when trader works manual trading, as human nature they have emotion, but trading need clear minds to create a planned trading, how to determine SL and TP, it will different result much difference when trading based on emotion compare to use clear minds.

    There is no Gain, without Pain

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    Learn Trading with a Clear Mind

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  14. radex78

    radex78 ECZ Member

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    Trading skills cannot be obtained just with reading, but the practice is important, however, if just practice without planning, this is also a wrong way to improve trading skills. How to speed up trading skills as traders need principle trading to be implemented and test it, and repeat the process.

    Nothing will work unless you Do

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    Learning Trading Principles

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  15. radex78

    radex78 ECZ Member

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    The most enemies that appear from own selves is about greedy, sometimes trader can't actually prevent greed in trading, like when they already reach the target, then open new trades due they want get more profit on the day, but we should realize if the market not always move on the path, it will be problem when face to loss trades can led them to become angry.

    By choosing our Path, We choose our Destination

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    Overcoming Greed while trading

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  16. radex78

    radex78 ECZ Member

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    Trading is not only about buying and selling currency, a successful trader usually they have a good trading strategy combined with good money management and good psychological trading. Finding a suitable trading strategy will depends on some reasons, mainly related to their mindset and psychology. We can make a trading strategy step by step.

    Never give up, the Time and Tide will Turn

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    How to make a trading strategy!

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  17. radex78

    radex78 ECZ Member

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    Trading bsed breakout trading strategy will works perfectly if trader can recognized tru breakout and avoid false breakout. In general trading, the breakout trading strategy utilize a breakout zone on support and resistance zone level.

    Stop Chasing the Money, Start Chasing the Passion

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    Understanding False Breakout

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  18. radex78

    radex78 ECZ Member

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    Money management always become important issue in forex trading. Why money management is important because no perfect trader will able to predict the price ahead precisely, Sometimes trader having fixed target profit, but it may occurs before target price reached the trend already move reverse.

    If you are Inexperienced, Start with a fraction of your Money

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    What is money management? Part 1

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    Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.
     
  19. radex78

    radex78 ECZ Member

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    When traders already found a way to work in forex with the profitable trading system, they still need to keep discipline and implemented money management properly, although possible with increasing lot size the profit will,l higher, but it is not a wise decision, don't let over confident control emotion and leading to greedy.

    Good trading system still needs good money management, and then also good psychology trading, if trader having three key points in trading forex, they can possible to profitable on long term.

    Rise above the Storm and you will find the Sunshine

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    What is money management? Part 2

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    Learn Forex Trading with FXOpen Forum

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    Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.
     
  20. radex78

    radex78 ECZ Member

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    All traders before making entries trading will analyze the market based on fundamental and technical analysis, however, no traders are able to know the depth of the market, and do not always traders can determine the best time entries and right time entering in the market. Risk remains there, however, traders can control the risk, and they can measure how much will take the risk in single plan trading. Just like many professional traders said, don't risk trade exceeding 2%.

    The Best way out is Always Through

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    The major mistake of Loss

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    Learn Forex Trading with FXOpen Forum

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    Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.