Follow the investing.com is profitable? | Forum Forex oleh Myfxbook

forex_trader_318221

Menjadi Anggota Sejak Apr 07, 2016 37 postingan

May 26, 2016 at 07:31

Menjadi Anggota Sejak Apr 07, 2016 37 postingan

Hi! Someone is following the orientation of the indicators in the investing? Someone is making trading based in the suggestion of the investing.com? Would be that is profitable follow these suggestions?

Link: https://www.investing.com/currencies/eur-usd-technical?period=3600

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VincentD

Menjadi Anggota Sejak Jan 23, 2015 9 postingan

May 26, 2016 at 12:22

Menjadi Anggota Sejak Jan 23, 2015 9 postingan

Investing.com just offers an overview of the value of some indicators. Every indicator could be proffitable, if used in a decent methodology with propper SL/TP management. Just blindly following some random information of this only guarantees faillure over the long run. U need a strategy that fits your personality and propper risk and money management (> strategy used).

And following ANY suggestions is a recipe for failure. A trader doesn't take suggestions from other sources, he uses a rigid system time over time to ensure that he always uses the same edge when taking a position (unless market dynamics change and a specific % drawdown is reached).

Rhombus

Menjadi Anggota Sejak May 10, 2016 1 postingan

May 27, 2016 at 20:29

Menjadi Anggota Sejak May 10, 2016 1 postingan

I agree with VincentD. Absolutely do not blindly follow any indicator. Get some education on the forex market and forex trading or the market will eat you alive. Trading isn't as much about getting the direction correct as it is about managing stop losses and profit targets. Read forexlive.com every day for a year. Go to fxrenew.com and look at their educational materials. These source have really helped me.

Make money, have fun.

EURUSD	1.12413	GBPUSD	1.34739
USDJPY	158.223	USDCAD	1.39551