Newbie trader

This is a discussion on Newbie trader within the Forex forums, part of the Markets category; Hi, guys. I'm a New in Forex Trading. I found some channel on Youtube and I'd like to join these ...

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Old Aug 9, 2018, 9:02am   #1
 
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Joined Aug 2018
Newbie trader

Hi, guys. I'm a New in Forex Trading. I found some channel on Youtube and I'd like to join these System. Maybe someone can suggest me a Good Trading, but I'd like this system because it's different from others. How about you guys thinking? Am I right? Is it good for beginners like me? https://www.youtube.com/channel/UCcX...40s3w/featured Please kindly check and email me or comment me here. Thank you for help!!
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Old Aug 18, 2018, 9:05am   #2
Joined Apr 2017
As a newcomer it is more appropriate to take demo account besides any steps.
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Old Aug 18, 2018, 10:09am   #3
Joined Feb 2002
Thanks for the link stewart, the system looks simple and rational, and I do find that trend-following makes real money. I'm not sure that SAR and RSI tell you anything essential that the price/MA/MA sequence and the upward/downward slopes of the MA's don't tell you, but they shouldn't mislead you anyway so probably no harm keeping them on your own display.

I like that the system isn't just focused on an entry pattern like a pin bar etc., but does take into account the longer-term perspective.

I am more than sceptical of the % profit levels suggested, these are astronomical.

Its also disappointing that there's no detailed guidance on where to locate stop-losses, where to take profits and when/where to pyramid winners but maybe that's available from this guy elsewhere.
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Thanks! The following members like this post: Mactheriverrat
Old Aug 18, 2018, 11:02am   #4
 
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Joined Aug 2018
I agree with earlier posters, always paper-trade or demo trade if you're new. Here's an analysis of ripple, it was made by an Artificial Intelligence. Read it and learn
https://www.tradingview.com/chart/XR...ead-55-PROFIT/
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Old Aug 18, 2018, 5:33pm   #5
Joined Mar 2018
MA(5) above MA(10) cross too choppy
RSI(14) above 50 - Every one knows thats Bullish
PSAR - Another lagging indicator.
and if you are new trader then I suggest paper trading before you jump in with real money.

and if your pumping your own Youtube channel , then move on.
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Old Aug 20, 2018, 11:17am   #6
Joined Jan 2018
As others have said, demo demo demo.
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Old Aug 20, 2018, 11:22am   #7
Joined Jan 2018
Once you can trade profitably on demo, then you can go live.
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Old Aug 20, 2018, 2:52pm   #8
 
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Joined Jul 2015
Hi Stewart, i'm using BB template and MA with standard setting.
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Old Aug 20, 2018, 3:50pm   #9
Joined Mar 2018
Stewart is just pumping his Youtube channel.
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Old Aug 21, 2018, 4:29pm   #10
Joined Jan 2018
Quote:
Originally Posted by Mactheriverrat View Post
Stewart is just pumping his Youtube channel.
Yeah, looks like
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Old Aug 21, 2018, 4:34pm   #11
Joined Mar 2018
Quote:
Originally Posted by ForexinDevon View Post
Yeah, looks like
Yes and thats sad!
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