How to explain leverage in the forex market?
What logic, common sense, theory or philosophy is your trading system based on?
Any long-term trader will inevitably form his own relatively stable "trading concept". From the beginning of contact with the financial market (stocks, futures, foreign exchange) to the later relatively stable and mature stage, it must also be in line with some of the basic ideas he recognizes. Common sense and theory are related to philosophy. For example, from the perspective of the law of the development of things, things must be reversed when they are extremely extreme. From the perspective of human nature, herd mentality, unconventionalism, breaking the old and creating the new. There are also the law of the jungle and the law of the jungle from the perspective of the natural world. I would like to discuss the establishment of the trading system with you. You can share it and learn from each other.
What is your most recommended technical indicator single product/combination pack?
Recently, "live delivery of goods" has been hotly discussed by the whole people, but it seems that no one has brought goods in the foreign exchange market! Today, the topic of "I am a trade delivery person" is launched, and all Hui friends are invited to bring goods! Today's delivery topic is:[What is your most recommended trading technical indicator single product/package? 】Since it is bringing goods, it must be clear about "what to bring", "why it is", "what advantages it has", and "how it should be done" in order to successfully bring goods!Although the indicator has a lag, it is indeed a powerful tool to assist us in analyzing the market. There are so many indicators on the market, which one or which combination is the best to use? Come and recommend it! We are traders, we bring goods for transactions! ![Image]
My usual trading system continues to fail, what should I do?
If a trading system built by myself often fails and causes losses, should I abandon this system and replace it with another one? Is there a stable and profitable trading system?
How can one be called a qualified trader?