Recent content by mcrlogitech

Trading long term is far less riskier than trading Short term....However it depends on type of traders.....

The Stop loss is very important in risk management and one should try to follow it strictly.....

I suggest that you should learn technical analysis and trade on the basis of indicators, rather than blind gambling...

I just use to look and analyze the charts after the market hours and place the trades in the morning at the start of the market.

Buying and selling are interrelated to the principle of demand and supply. If more people are buying than selling the price of the asset increases and if more people are selling than buying the price of the asset decreases. Thus the price of the currency continuously changes.

Automated trading has several benefits over the conventional trading and the best is that the emotions can be avoided while trading.

I think that the maximum number of traders who became successful in the financial markets opted for the long term trading. In case of Short Term trading the number of traders loosing are more than the number of traders which are successful.

I think moving averages like SMA and EMA are the simplest and best technical indicators for trend following. I have tested the strategy based on these indicators and found that EMAs crossover is best way to do the trend based trading.

I did not get much insight on your system... Can you explain this in detail...??

Trading without stop loss can lead you towards heavy loss, in case the market moves in the opposite direction as expected and continue to do so.

The longer time frames like 1 H or 4H are much more promising in context of the technical analysis when compared to smaller time frames like 5 min or 15 min.

I think that the breakout system works in a specific time slot only. The time slot for trading the breakout system should be selected cautiously.

Yes, I think the economic and political news effect the forex market. The various news sentiments have short term as well as long term impact on the forex prices.

Hii, First of all welcome to trade2win forum. I have little knowledge about Binary Options. could you please help me by explaining.