Recent content by awllee

Most of the Metatrader platforms are for Forex.... Personally I'd use IC Markets... you do pay more commission but they have the best infrastructure and withdrawals are instant also

It's much faster moving.... 1. Select a regulated broker 2. Decide if you're going to be a manual trader or algo trader 3. Learn the platform 4. Demo before you go live 5. Stick to the Forex majors (to start with anyway)

I bought myself some blue light glasses on Amazon for 15 quid. They are meant to help with eye strain and not disturb sleep if you're late up to the night on the computer.

I think only if you're honest with yourself, you can answer this..... In my mind, if you've done your analysis and ensured that you're opening a trade within your parameters then you're not gambling.. however, this doesn't mean that the trade will be profitable.. it also doesn't mean that your...

I'd say if you're a long term investor then yes, fundamentals matter. If you're a day trader.. then no, I don't think so.

There are a few companies which kinda do this. but you have to pay an upfront fee and pass their evaluation.. then they will give you money to trade with a profit split. As you make money for them, they increase the amount. The one I used was called the 5'ers - https://the5ers.com/ Note, i...

The most important thing is psychology.. you need to be able to master and control your emotions and this can take years to do because we have evolved over millions of years to be risk averse. Check out this 5 min video.. hopefully, I'm able to post it here - Why Trading is So Difficult

The problem with this is that it will take a significant amount of trades before you figure out if you're actually gambling or trading successfully... by which time, you may have lost all your money!

IC Markets are my favourite... generally I'd look for regulated brokers and work from there!

Hard work and practice... remember, these guys probably slogged it big time in the past.. however, their skills are ingrained now making it seems easy...

Thanks All, The book by Colby was about Technical Indicators, how they were formed and how to use them.. do both the Achelis and Bulkowski book do a similar thing. Also, this book has been updated recently which is what drew me to it.. he mentions indicators which have gone out of favour and new...

Hi All, I went down to the bookstop today and went to my favourite section.. the trading section and saw a book by Robert Colby, Encyclopedia of Technical Market Indicators. Had a good browse and it looked pretty good. I know there are some others out there and I was wondering what your...

Since I posted this, RSI support was tested again and now has fallen through... RSI below 30 which indicates that it is severely oversold...

Hi All, I was fortunate enough to have Chartman help me with some TA today and I'm just posting my chart since I wasn't very good in being able to understand instructions (no fault of Chartman as he was brilliant).. just me. Chartman.. is this correct ? Thanks :)

Best way I think to learn is to trade with actual money.. start off with tiny positions... trading psychology accounts for 80% of trading.. reading trading in the zone by Mark Douglas