I've recently started the babypips Forex course and I'm planning on experimenting with the moving average crossover once I finish the course and open my demo account. I just have a couple of questions:
Babypips says that the moving average crossover works best "in a volatile and/or trending envionment" but not so much when price is ranging. Isn't a volatile environment one where the price is ranging? They sound like synoyms to me (or might be a language barrier);
Is it possible to set an alert that warns me when a crossover is happening?
Any opinions on what other tools/theories I can incorporate to make this technique more reliable?
I started the babypips course but maybe forex isn’t for me
I’ve been working with stocks for about two years. I haven’t really been too involved besides small trades here and there, and trying to educate myself in it. I recently found forex and wanted to give it a try. It seems more difficult to me than stocks probaly are? I was mainly interested in leverage, but now I see how risky that can be. At the same time very profitable. Should I just stick to stocks? What I’m mainly looking for is to be able to leave my money without having to look at it, but also be able to make trades that can turn out to be very profitable. That sorta sounds like stock investing and stock options. Anyways. Idk the purpose of this post. I guess I’m sorta looking for a reason to continue with babypips or forex in general. Motivation. Or a purpose. I’ve understood everything thus far but am exhausted just 8 lessons in. I know the main benefits over stocks. More liquidity, 24.5, leverage. For those who did stocks, why did you move to forex?? And is the general consensus that stocks or forex is easier to learn?
Anybody knows how to make quick money on forex Making money in forex is easy if you know how the bankers fxstreet forex making money forex
I'm often mystified why so many traders struggle to make consistent money out of forex trading The answer has more to do with what they don't
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Traders who come to forex in most cases are looking to make a lot of money and do so very fast To achieve this they begin to chase the "Holy
What is the Number One Mistake Forex Traders Make dailyfx forex What_is_the_Number_On
In this article we look at the biggest mistake that forex traders make and The blue bar shows the percentage of trades that ended with a profit
Make Money Fast in Forex Trading Streetdirectory streetdirectory Foreign Exchange Much of this advice is not conventional but most currency traders don't make money fast! Here are your tips We are going to assume you trade already and you How to earn on Forex Forex ket mrc kets Free courses Most traders who participate in the currency ket pursue the same objective – to make money by trading forex It all seems simple at first: working on forex is XE Currency Trading and Forex Tips XE xe currencytrading These articles discuss currency trading as buying and selling currency on the Forex If the exchange rate rises you will sell the Euros back making a profit Anybody knows how to make quick money on forex
Do experienced traders use forex calculators like those on babypips?
I'm a little new to forex, and i think the tools on babypips are pretty useful for calculating position size and stuff. I'm wondering, do experienced traders use tools like these or do they just know the calculations in their head and can do it by hand?
prvo, namerno ne kacim na finansije jer mislim da je bitna tema ovako Ovo pisem em kao upozorenje na neki nacin, em za diskusiju. Znaci, svi mi znamo za prevaru sportskih dojava. 'Ee buraz imam dojavu za namestenu utakmicu sveeeeee garant prolazi 100% samo mi daj 5 soma'. Mada to nije tema danas. Danas zelim da pomenem tzv. Forex Grupe, koje prodaju servis za forex trejding, u glavnom 'analitike' ili 'signale'. Sta je forex? Forex, znaci foreign exchange, je trziste valute. Tu mozete da trugjete valutama, kao na primer u menjacnici, ili da se kladite na kurs preko CFD ugovora, kao ovi 'forex experti' sa instagrama. Naravno, teoretski moze da se zaradi dosta, ali vecina spekulatora gubi pare. Ovaj klip objasni forex skroz ok. i dosta je lik spomenuo o ovoj prevari. Jedino sto se ne cuje bas lepo, ali sustinski je sve ok. U cemu je fora? Provajderi za te forex signale, najpopularniji u Srbiji je Lule, Luka Bijelovic, (@lulepljugica) vole da prikazuju sve od skupih auta, do lepih devojaka, puno novcanica i mnogo toga sto prosecan covek zeli. Sada, koliko toga je stvarno istinito prikazano, odluclite sami. Oni guraju ljude, koji su cesto maloletni, a nemaju obrazovanje i znanje za forex spekulaciju, na veoma rizicnu spekulaciju. Pritom nisu prijavljeni, ne placaju poreze, sve je veoma 'fishy'. Sada, zato ti signali nisu u redu? Investopedia ima stranicu o tome. U kratko, statistike kazu da veliki broj ljudi (negde oko 90%) gubi pare na forexu. Znaci niko ne moze reci sta ce da se desi sa kursom. Ni ja, ni ti, ni banke. Ja iskreno mislim da je ovo veoma problematicno, i da drzava mora nesto da uradi. Sta mislite o ovome? Jel znate nekoga sto je pao na ovako nesto? Jel poznajete nekoga iz te price?
Consistently Profitable Trader in Less Than a Year
I just recently got into this subreddit to browse and pretty sure this post will get roasted but here goes. I started learning forex using babypips around November 2019. Didn’t really take it seriously until I bought a few courses when COVID hit in March and really grinded and studied every day. On this subreddit, I see a lot of advice to not pay for a course because “you can learn it for free” or you can “YouTube” it. And while that may be true, there’s SO much information online, and a lot of it isn’t good. As a newbie or even long time trader, you can get overwhelmed with BS and the endless amount of indicators and strategies. To each their own, but I believe you’re gonna pay the markets your tuition for learning somehow: either through a mentocourse or just losing all your $$$ to the markets. I did babypips, and while that info was useful, I would say it’s definitely NOT enough to become profitable. In these past 6 months, I’ve lost and earned a lot. I can proudly say I consistently made 10k+ each month from July-Sept and it’s only going up from here. (I didn’t start with a 10k account either.) Im definitely in the green overall, passed and verified on an FTMO account, and been making around 3k+ each day these past few days (thank you volatility!). Psychology is the hardest to overcome, but it’s doable. To all the newbies and traders struggling out there, it’s possible to become consistently profitable, don’t let anyone else tell you otherwise. and F the people who don’t believe in you. But to be fair, you have to have a passion for trading and put in the work. You can’t go into this just for the money. I love analyzing the charts and trading now. It’s changed my life. If anyone has any questions, feel free to hit me up.
r/DayTrading's Monthly Questions Thread - November 2020
Please use this sticky to ask questions and to see answers to similar questions you may have. Over time we'll be collecting common questions and adding it to our wiki. See the getting started wiki here. If anyone is new to day trading, I highly recommend reading the Forex community's wiki paying special attention to babypips website which also teaches some general tools you can apply to stocks/futures/etc and especially read the wiki's sections on risk & money management that can be applied to any market. Pattern daytrading rules wiki. Also see the sidebar (or "about this community" on mobile website) on every related community to learn more about trading. Here's a list of all the previous question stickies.
BabyPips.com helps individual traders learn how to trade the forex market. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey. Babypips Forex Education: Elementary Grade 2 - Candlesticks with Support and Resistance. Inserted Video. Never stop investing. Never stop improving. Never stop doing something new. Post # 24; Quote; Jan 2, 2020 5:27pm Jan 2, 2020 5:27pm zoheb01. Joined Aug 2016 Status: Member 384 Posts. Babypips Forex Education: Elementary Grade 3 - Fibonacci Trading. Inserted Video. Never stop investing ... BabyPips.com helps individual traders learn how to trade the forex market. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey. BabyPips.com Presentations Channel. It’s not the entire School, but it’s something. We’ll continue to add more in the future. Let me know if you have any other questions! Pipstradamus Support Oracle. We can’t thank you in words for how much a big favor you and your team has offered to us newbies in form of babypips school of pipsology ... The BabyPips.com Forex Forum has gone mobile! Now in the palm of your hand, you can start new threads, make posts, upload awesome photos and stay connected with other Forex traders, on the #1 Forex education resource on the Internet - the BabyPips.com! Install this app for FREE and the Forums with you everywhere! Now that's cool! BabyPips.com helps individual traders learn how to trade the forex market. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey. A pip is the unit of measure which defines changes in value between two currencies. Learn about pips in forex with our expert tips and FX pair examples. Ask forex questions and share trade ideas, market analysis, trading systems with other traders. Category Topics; Beginner Questions. This forum is for forex beginners. If you are new to forex and have a question, this is the best place to ask it. If you're looking to learn forex, get your training and education at the School of Pipsology. 22903. Trading Discussion. The magical place where all ... Babypips Forex. Forex Books. Babypips Forex. guess February 5, 2020 April 15, 2020. Share. Facebook . Twitter . Pinterest . LinkedIn . Read Time: 23 Second . This is why we’ve come up with the New School of Pipsology. More lessons, more content, and more corny jokes to satisfy your hunger for forex education. The New School of Pipsology is designed to help you acquire the skills, knowledge ... BabyPips.com helps individual traders learn how to trade the forex market. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey.
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