Best strategy for a new person.

Discussion in 'Forex' started by tedmos38, Feb 25, 2021.

  1. easymon1

    easymon1

    #21     Feb 26, 2021
  2. tomorton

    tomorton

    Start on the D1 time-frame. Look for steady consistent trends that are repeated across most of the same currency's major charts and follow them: enter as price resumes the trend after a pull-back. Always set a stop-loss just outside the pull-back. Don't use indicators for entries. Avoid the exotics.
     
    #22     Feb 26, 2021
    Onra likes this.
  3. Xwell

    Xwell

    Long-term strategies can be used with success by both beginners and professionals. In this case, the deal is opened for up to 2 months.
     
    #23     Feb 27, 2021
  4. Is not a good advise to buy QQQ at more than $300!!! To make 0.4%? When a penny stock can make 50-100%. Is like saying buy Coca-Cola or Apple. Those are for millionaires. And if I am a millionaire I can afford a broker. Bad advise.
     
    #24     Feb 27, 2021
  5. userque

    userque

    Did you notice their post count?
    Did you read their prior posts?
    Before making your accusation?
    Just curious.
     
    #25     Feb 27, 2021
  6. Onra

    Onra

    Did you...? :p

    It's obvious.
    Lots of new forex related threads; started and frequented by first posters.
    And yes, I read them and it's becoming annoying.
    They can react to each other, but they seldom reply to someone who's been here for years.
    Did you see any reaction from the OP, after he started this thread?
    They usually post in 2, 3 or 4 threads in succession, then disappear for a few days.

    They never discuss methods, P&L or anything specific.
    Even if they're from US or UK, there lingo often doesn't feel right.
    After a few posts it always boils down to "broker recommendations"...
     
    #26     Feb 28, 2021
    userque and themickey like this.
  7. themickey

    themickey

    Yup, I've been placing dozens of noobs on ignore lately, mostly fx.
    I check their profile and posting history first.
     
    #27     Feb 28, 2021
    Onra likes this.
  8. userque

    userque

    I guess the bots are getting more sophisticated ... and are playing the long con.?

    I've noticed the single post thread starters a while ago; you (some of us) can kinda sniff them out even only after the initial topic post. They ask 'weird' questions.

    And like you mentioned, I won't get involved if they don't engage those that already took the bait and responded to them.

    I just never believed them to be a bot; I assumed they were human trolls. I wouldn't bet on it either way now.
     
    #28     Feb 28, 2021
    Onra likes this.
  9. wmwmw

    wmwmw

    Are you sure you are going to make 50%- 100%,not lose 50%-100%?
    His advise is in fact the best advise.But that is not trading, but investing.
     
    #29     Feb 28, 2021
  10. wmwmw

    wmwmw

    OP asked a wrong question.
    Because it is not possible for a new person to profit reliably .
    It is like to ask what is the best method for a new chess player to get world chess champship.
    Or how to become a NBA player after you learn playing basketball for a few months.
     
    Last edited: Feb 28, 2021
    #30     Feb 28, 2021