How are you doing with FX Trainer at this point? Have you gone live yet? Someone introduced it to me and I have no experience in trading so I wanted to find out more about them. They've only been doing it 6wks themselves but was having success with the demo.
Can somebody explain please, when a LIMIT ORDER SELL and when a STOP ORDER SELL are issued. What is the difference between the two and in which case the first one is used and in which case the second.
Thanks in advance.
{ Sasho, please try to find a Forum section that better suits your question.
This one belongs to the Beginners Section
You may try to search thru our Forum first }
One of the best ways to get started is to see what others are doing as to get a understanding of what are other people doing. In my own experience I use the Bunnygirl cross method as a starting point, then shape it to suit your personality and treats. The first post for the BunnyGirl strategy is http://www.strategybuilderfx.com/for...ight=wma+cross
I think the best way to trade is to gain more trading experience and use a good trading platform. I have beening trading with s&c/metatrader platform and find it is very usful.
I am very surprized that only 14% of the voters chose a mentor. That is very strange to me. I was an Engineer for years and was mentored and I mentored many people, I find this to be the best way to learn anything, why would you want to spend two years trying to develop a plan when you can work with someone who already has one.
Many people do not like to teach or do not have the patience to do so, if you do it is very rewarding.
CHeers to all,
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Thats all right... a mentor its the first thing on what we must be focus... to dont start a study on the wrong way...After that, use your power in studies to discover your own method..
First must get a good mentor to teach u basic about FOREX and after that learn by yourself through experience and studies.
Also daily forecasts and analysis from FXstreet also found very useful.
Get some professional training if you can afford one, but don't stop there. Search and search. Keep a live a/c and demo a/c as well so that you can try strategies on the demo and the real thing on the real a/c.
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