I think that different knowledge, which is not only about mathematics, economics and politics, can help in trading. The main thing is to really take in something that can benefit you and help you, you have to apply logic, ingenuity, activity, ...

Does being a Good Chess Player make you a better FX Trader

Actually, this question may seem funny to some, but according to statistics almost every trader faces the fact that his or her passion for trading and investing causes mistrust among his or her relatives and may even lead to certain conflict ...

How to inform family and friends that you're a forex trader?

As far as I know, indicators are necessary to fix historical price levels, which allow forecasting at what stage the price should go down or up... And they rarely work on news or any significant events. That is, they point to such regularities that ...

Why do indicators not work/work? Why is Forex not truly random?

Does everyone have to be rich? After all, it will certainly lead to some incredible changes in the market and in the world. It's normal that some people get more than others, it's called class division, and it's been there at all times. Plus, I ...

Why isn't everyone rich?

It is clear that you described the situation in theory, but in fact it has never been and never will be. Typically, commissions and spreads are the income of the broker as a company that gives you access to the trading terminal, provides various ...

How does a broker work? How can he pay me the money?

Well, of course, there are successful traders. Only why did you decide that success is determined by regular profits? Actually, I would consider successful a trader who knows how to make money in the market, but when he fails, he is not disappointed ...

Are there any successful Traders in Forex Factory?

And I think we lose more often because of not serious enough analysis because we see some strong event and it seems to us that everything is unambiguous, and we often forget to look at what happened to the asset before, what levels were formed ...

What makes You lose in the market?

Oh, actually I am impressed by the fact that you have done such a great job, because not all traders manage to correctly analyze their work and knowledge in order to form a holistic view of themselves as a trader. I would like to believe that you ...

Not Sure If I Learnt Enough Or Not About Trading?

Well, look, if they can provide full access for their traders at the expense of local companies, then everything is OK. Actually, I don't see much difference between which brokers will cooperate with traders. As for me, Canadian legislation has ...

Canada now worst place to be an FX Trader, kiss overseas brokers goodbye

I do not see anything wrong with classical technical analysis. After all, those traders who started trading ten years ago, in principle, did not have the opportunity to use something else, and imagine - they were making good money. In addition, I ...

plain old technical analysis?

The most optimal format of work in the market is not to deceive yourself and just try to act as planned. This is the format that can bring you a result that will meet your expectations and help you reach the level that suits you. That is, really, if ...

Consequence of Getting revenge on the market

I cannot say that I have a certain philosophy, rather I have certain rules that I try to follow in order to increase the efficiency of my trading. First of all, for me the mood and the feeling of myself are very important. If I understand that today ...

What does your trading philosophy mean? How important is it?

Of course, there are successful traders and there are not so few of them, it is more influenced by the fact that there are many, if not all, of those who have lost enough. Plus, those who make good money in the market usually do not scream about ...

Forex tipsters?

I think it's quite strange when you limit your trading to certain currency pairs. More precisely, on the one hand, I see the logic in it, because when you form an investment portfolio you cannot choose everything, you will in any case have to decide ...

What pairs you trade

You know, the thing is that those elements or strategies that fit you best may not fit me at all, and vice versa. A lot depends on how well you understand a strategy, whether you use it in its classic form or have somehow adapted it for yourself, ...

I'm a lurker

This is actually a great topic for discussion, because every trader who has at least once encountered a positive result has thought about starting to work with large amounts of money and usually this means investing all the money you have saved up ...

Any full-time traders?

Safety on the market does not depend only on the broker or the situation on the market. I have taken great responsibility for myself, because only your activity and performance determine whether you will earn or not, whether you will see real ...

Caveat Emptor

I've had problems with latent and reverse divergences before. But I tried to study it and apply it to success. A hidden bullish divergence occurs when the price forms a higher minimum, but the oscillator shows a lower minimum. The advantage of using ...

Hidden divergence

I may not have so many rules, but I prefer to trade in a calm mode, so I can always devote enough time to it and gradually move towards my goal. It is important for me to be able to trade as planned and not take on the asset that I have not ...

Make your Trading Taboos "Do not"

I agree that this cannot be permanently limited to one strategy or a pair of assets that will constantly generate income and revenue in any situation. Unfortunately or fortunately, this approach never works, because you must understand that the ...

Stop searching for the 'Holy Grail', work on yourself!