Recent content by Adrienlord

The assumption that trading is an easy walk and will make you earn lots of money within a short period of time will definetely lead to the absolute loss of money. Trading is all about constant learning and improvements, so, before coming to trading, be prepared to learn a lot.

Guess that the levels of support and resistant are really useful for those who got used to trade on low time frames, because these levels can help you to determine the trend direction only if you are fond of technical analysis. I suppose that they should be always combined with various...

I think traders can make profits not only by intraday trading, they can do it on higher timeframes. The main thing here is to have a wish and set a proper goal. In my opinion, these things are the most important, because when you have a goal you will always strive to it. No matter which kind of...

I suppose that if you once have chosen a particular broker which can help you on your stages to beome successful then you probably must be satisfied with its work. Of course, there are some situations when brokers actually can't seem reliable to you. The only way is to ceaze interacting with it...

I tend to suppose that a fear is a great motivator for the biggest amoung of traders today. Of course, no doubts, that fear makes people refuse their wishes, however for some people it can really become a great motivation. Failures always happen not only because of a fear, in most cases failures...

Risk management and discipline are the key things which a trader should possess in order to make his trading results consistent and predictable.

Indicators are reallt important for trading as they show some additional information concerning the market and the assets prices, however, they are not 100% right. More than that, they are frequently wrong, so, a trader should never forget the fact that it is him and only him who is responsible...

Candlestick charts are extremely informative and much more convenient to read than bar charts.

I believe you're quite right in such notion as high leverage can cause big losses in case a trader doesn't comply risk management techniques. In my opinion, these things such as risk management and money management practices should be taught in the very first educational steps, you know. If...

I do agree with the idea of the thread but I don't like its title. It is too pretentious. It is something like saying that not everyone can become a fisherman, only those who have a rod can be a fisherman. You are right in saying that people need to have motivation to leatn and overcome...

I believe that the main reasons for the majority of new traders to fail is the fact that their expectations are too high. Many people come to trading after watching some youtube videos where teen who look rich tell their audience about the 'secrets of their success'. That is why newcomers have...

I totally agree with the opinion that scalping is riskier for the newbies than any other type of trading. Actually, it is not only a matter of skills, but also it is the matter of psychology. Scalping presupposes that a trader sits before the screen all day long and thinks about the current...

It's true, losses will happen under any circumstances, so don't be too critical or painful about it. It's okay, just give yourself some time...