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deucher
deucherActive Contributor
Asked: April 25, 2024In:

With the development of technology like mine, it is possible, but it will definitely not be available to a simple trader, because artificial intelligence is something much better than a simple robot that has limited thinking. And if someone manages ...Read more

With the development of technology like mine, it is possible, but it will definitely not be available to a simple trader, because artificial intelligence is something much better than a simple robot that has limited thinking. And if someone manages to create such a bot that will predict better than a person, then that person will never share such technology with anyone.

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deucher
deucherActive Contributor
Asked: April 26, 2024In:

This is not a simple question, because it is necessary to calculate separately for each size of the wallet, because not everyone is suitable for a fixed amount. A lot depends on the trading pair on which you trade because ...Read more

This is not a simple question, because it is necessary to calculate separately for each size of the wallet, because not everyone is suitable for a fixed amount. A lot depends on the trading pair on which you trade because the value of one pip differs there. The lower the value of the pips, the larger the lot size

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forexpositiontrading
deucher
deucherActive Contributor
Asked: April 25, 2024In:

Each person has a very different trading system, and for some, even one failed order does not play an important role, but for me, for example, such orders had a great impact because I analyzed it a lot and could ...Read more

Each person has a very different trading system, and for some, even one failed order does not play an important role, but for me, for example, such orders had a great impact because I analyzed it a lot and could not understand why the order failed if I did everything correctly. If I had several failures in a row, I generally thought about stopping trading in order not to lose all my funds, and this greatly affected my emotional state

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deucher
deucherActive Contributor
Asked: April 25, 2024In:

I think that everyone who started their way in trading chose a demo account in order to practice and not lose real funds, but for some it became a real trap, like for me, because I spent more than 2 ...Read more

I think that everyone who started their way in trading chose a demo account in order to practice and not lose real funds, but for some it became a real trap, like for me, because I spent more than 2 years on a demo account and could not start trading on a real account due to fear of losing funds. I tried a lot of strategies but couldn’t stick with one so I only tested one and that was my main mistake

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demorealtrading
Light
LightTrusted Adviser
Asked: August 27, 2023In:

Setting up clear plans, following established risk management guidelines, and restraining emotions are all necessary to maintain discipline in trading. Follow your trading strategy, refrain from acting on impulse, and only use money you can afford to lose when you ...Read more

Setting up clear plans, following established risk management guidelines, and restraining emotions are all necessary to maintain discipline in trading. Follow your trading strategy, refrain from acting on impulse, and only use money you can afford to lose when you trade.

Maintain a trading notebook to record your actions and results, and regularly review and modify your plan as necessary. Maintaining discipline and consistency in the always shifting industry requires ongoing education and self-awareness.

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