Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Trading 101 (Trading 101) - ForexFactory #1084430 - MT4/MT5 Resources

author EAcpu | 8 reads | 0 comments |
rule-
1. Post your charts with explanations, this will improve your trading in the long run.
2. Discuss and implement your system with the appropriate MM.
3. If you are a beginner, please read the baby points.
4. If you are a failed trader looking for the Holy Grail of Holi, please do not post here.
5. If you help others, you also help yourself, please do not use your transaction value to confuse anyone's variable after variable.
6 . Money management is a very important thing. You have to find your number based on that, you can apply batch size and other ideas.
7. Any form of system trading is welcome, as long as you make money with your system, you can post here and discuss respectfully with others.

As a system I use EMA, yes I still use EMA, I use clean charts to understand the market structure,
You can use 200, 100, 50, 20, 10, 5, ema. You can use 1 ema, 2 ema, 3 ema etc. This is your preference.
I always understand the main basics,
I use basics doesn't mean I use big sl like other popular thread creators, I always use stop.
I cut my losses and I'm not married to my industry.

Money management
(It is very important to develop a money management plan based on your win rate and other ratios, your trading success depends on it.)

1. http://equitycurvesimulator.com/

Fundamentals, News and Market Updates (you must understand the market context, which comes from future expectations from fundamentals, not from past prices)

1. https://www.forexlive.com/
2. https://www.reuters.com/markets
3. https://tradingeconomics.com/
4. https://www.investing.com/

Some idiots think the economic calendar is fundamental and they just look at the economic calendar before the week starts, they are wrong. Why they were wrong. When you look closely at each economic calendar news item, you'll understand why they are new and what they are missing.

Price action and technical strategies. (Please backtest your strategy to build confidence)

1. https://forextradingstrategies4u.com
2. https://www.babypips.com/

for sentiment analysis
1. https://www.cftc.gov/MarketReports/C...ders/index.htm
2. https://fxssi.com/

I hope you will improve your trading by reading and engaging with this post.

If you love trading and want to take it seriously, welcome here.

Disclaimer: Trading is a risky business and may not be suitable for everyone.
I am not responsible for your gains or losses.

Some idiots think I'm a guru, but I'm not. I'm not teaching anything, I'm just sharing some ideas, methods, for general education and discussion purposes. If you think you can learn or you want to discuss you can do so, but don't be stupid.
If something works for you, you should do it, there is no single way to succeed in trading. No one here pays me any money and no one here is my relative so just accept it.

“If you are pained by anything external, it is not due to the thing itself, but to your estimation of it; and you have always the power to undo it.” Marcus Aurelius

This is my Forex Telegram group. (If you are interested, I do not sell anything, if you have a positive learning attitude you can participate in the discussion)

https://t.me/+zVAFvekeaO5lMDRl
Screenshot_1.png8317d54b28257b574354507e7033c6a1.pngScreenshot_1.pngScreenshot_1.png
Screenshot_1.png8317d54b28257b574354507e7033c6a1.pngScreenshot_1.pngScreenshot_1.png
Screenshot_1.png8317d54b28257b574354507e7033c6a1.pngScreenshot_1.pngScreenshot_1.png
Screenshot_1.png8317d54b28257b574354507e7033c6a1.pngScreenshot_1.pngScreenshot_1.png
Screenshot_1.png8317d54b28257b574354507e7033c6a1.pngScreenshot_1.pngScreenshot_1.png
Screenshot_1.png8317d54b28257b574354507e7033c6a1.pngScreenshot_1.pngScreenshot_1.png

📦 Summary of post attachments (14)

Below are all the files (14) shared in the reply.

Verification code Refresh