Recent content by Kelemeena

I wonder why you need to measure the angels of the charts in the first place? You just use indicators or other tools to define trends. Like the trend lines for example. I don’t think that angle will tell you much about the power of trend. Plus, stock prices are not purely technically analyzed...

That's correct. It doesn't refer only to long-term investors or positional trader, but it's applicable to daytraders and even scalpers. Well, scalpers naturally don't spend much time thinking whether to buy an asset on this price or to wait until it becomes more appealing, they act quickly, cuz...

I have heard that there are quite profitable strategies based on Fibonacci levels. Therefore, I would also be glad if someone shared his experience of using this tool.It does not matter whether you use Fibonacci levels to determine entry points or to calculate take profit and stop loss levels...

It’s about trading strategy too. Someone can come up with a good strategy but it will require a lot of time waiting to get profits. Meaning that it is appropriate mostly for higher timeframes. This way you won’t be too sustainable as a full-time trader because you have to have money for your...

Mostly improving my health and my posture. If "work" means sitting at a desk for 6-to-9 hours a day, depending of the line of work you are in, and then you drive to/commute back home to sit even more until you go to sleep, and you repeat this 5 times a day, you definitely might have some...

I think that the best way to get started is not to hesitate but get started without delay. The more you hesitate the less chances to become successful you will have. You will make tons of mistakes and lose dozens of depos but maybe it will teach you effectively.

These are all great. Thanks for the post. The one that I find myself subscribing to the most is definitely discipline. It is not even about trading, but you need discipline in every major aspect of your life. You need discipline to win in this life. It helps you become indifferent to certain...

The strategy is considered to be something that distinguishes a successful trader from an unsuccessful one. All professional traders have a strategy. Of course it can be different. The strategy can be based on a combination of fundamental and technical analysis. Or only based on technical...

Unfortunately... or fortunately so. The U.S. dollar is the main currency in the world. All of the world's currencies are tied to it, so news that affects the dollar can affect the currency in your country. Once upon a time, everything was tied to gold. It was the so-called "gold standard". I...

Everyone needs to be careful. It really is. Forex trading can bring a lot of money if the trader has chosen the right even broker. How can you make money if the broker is your opponent? He has no interest. That's why it's very important to make sure that you trade with a real ECN broker. The...

When you lose a particular deal, money goes to the broker and then the broker pays them to those ones who won the same deal which you have opened, or another one. It might be stated that there is a clear money rotation. Broker earns money due to spreads and commissions, while all the money that...

You're right... Loss is a teacher, it's the best teacher as well as mistakes. If traders make mistakes, then it points at his ability to learn, study and receive experience. Those ones who can't admit the losses or mistakes will never be able to reach success, as the mistakes ar the fundamental...

Sure. I wonder why there are some rookies who take several pairs into consideration and tracking right away. probably, they don't know that such actions and moves will never lead them to something outstanding and never help them to reach the success. Multitasking is a perspective strategy and...

yeah, you are quite right that there is a strong tendency to impose new restrictions related to leverage trading, but it's not so bad as you have described, at least I don't think so. All the traders understand that the restrictions are directed firstly on those traders who neglect the rules...

Probably... I don't know where binary options were disappeared, I still behold some brokers which offer trading binaries and it's not bad as many traders believe. It's just another way to run trading activity, for those ones who either was tired of fx trading and what to try something new, or...