Is Forex a Scam? Answers for 2020 • Benzinga

Algorithmic Trading

A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Feel free to submit papers/links of things you find interesting.
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I love Forex Trading

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Let's Make Some Money

Message the Moderator(s) (hypnotwist) To Gain Entry
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FOREX LOVE

submitted by shazsachal to reddit.com [link] [comments]

Love for forex

What is your favorite thing about forex?
submitted by sayajintrader03 to Forex [link] [comments]

Welcome to Forexit. Give this a quick read will ya?

Forex. Love it or hate it, it's here to stay, and like the unregulated markets of currency based commerce - so too should there be an open space to joke and laugh and cry as we collectively lose our money, our houses, our friends, families and more often than not, our trading accounts.

Look, keep it related to forex, don't be a dick, and you'll be alright.
submitted by Dannyboi93 to forexit [link] [comments]

I’ve just started forex. I love it. But I’m losing all my money. What do I do?

Okay so I always wanted to trade as I’m obsessed with everything economics. Weird considering I didn’t even take it at university (that’s a story for another day)
After years of wanting to trade, I finally tick all the boxes; over 18, money to invest. (I’m 20M btw)
Okay so start with £250, playing about with it. Putting in all the techniques I’ve learnt over the years but never used besides a demo account. And it’s going amazing. In one day I’ve got £750. This is great. It’s good because it wasn’t an accident, I actually know what I’m doing over all the years of demo trading. But then I hit a wall. I got exited and done one stupid trade and lost every penny of that in the space of hours. My confidence is absolutely shattered and I’m scared to take any risk whatsoever.
I invest another 250 and my confidence is completely fucked. I lost it in the blink of an eye. Finally I put another 250. I’m telling my self that if I lose this, I’m done with this as it’s clearly not for me. So far I’m a £140 and I’m sitting still.
I don’t know what to do. I was doing so well and so motivated but all of that has gone into the trash. My confidence is at an all time low. I can’t afford to keep throwing cash either.
I’m a scalper as swing trades don’t sit well with me.
UPDATE :: okay so I tried to do the whole “no trade for two weeks” but I just couldn’t. I put down another £1500 in my account and told myself that this is the final one. I lost that in about 1 day. I’ve now put another 2000 and lost more then half of that already. Idk what to do
submitted by goals_define to Forex [link] [comments]

Trading alongside the algorithm in forex. Perfect set up with the signal today. I love taking one trade per week and letting it ride till Thursday/ Friday

Trading alongside the algorithm in forex. Perfect set up with the signal today. I love taking one trade per week and letting it ride till Thursday/ Friday submitted by trevandezz to u/trevandezz [link] [comments]

Use #VelocityFinderNeuralTrader, and you’ll feel the difference in your #forextrading as it works with the best #forextradingstrategies. Amuse yourself, and you will love the way you trade! Get more Smileys! https://wetalktrade.com/velocity-finder-best-forex-trading-strategies/

Use #VelocityFinderNeuralTrader, and you’ll feel the difference in your #forextrading as it works with the best #forextradingstrategies. Amuse yourself, and you will love the way you trade! Get more Smileys! https://wetalktrade.com/velocity-finder-best-forex-trading-strategies/ submitted by Wetalktrade to u/Wetalktrade [link] [comments]

Before he was a love guru, Ash dabbled in Forex trading.

Before he was a love guru, Ash dabbled in Forex trading. submitted by anfiisa to 90DayFiance [link] [comments]

Staunch Money Doubling Forex Robotic Fap Turbo - Sells Love Candy!

submitted by mrmikez06 to u/mrmikez06 [link] [comments]

A review on a book subtitled “America love in god, heal America”. The author claims it is an international best seller on their Instagram page. I found it when looking at the author’s comment on a forex scam account asking for tips in “investing”.

A review on a book subtitled “America love in god, heal America”. The author claims it is an international best seller on their Instagram page. I found it when looking at the author’s comment on a forex scam account asking for tips in “investing”. submitted by skullchainz to religiousfruitcake [link] [comments]

Love nash forex

Love nash forex submitted by duocktx to u/duocktx [link] [comments]

HOW TO TRADE FOREX COUNTER TREND - Love trade EUR/AUD 30/4/20

HOW TO TRADE FOREX COUNTER TREND - Love trade EUAUD 30/4/20 submitted by scruffytrader to Daytrading [link] [comments]

Anybody on here trade options or Forex? Would love to meet some like minded people to teach me a few things.

Would be great to meet someone local who's into this kind of thing too. I learn better when I can ask questions, plus teaching is the best way to learn. Might be a win win! Plus, I'll bring beer. 😁 Might be a long shot, but worth a try!
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In The Rough, Done in Cinema 4d, rendered in Octane

In The Rough, Done in Cinema 4d, rendered in Octane submitted by kwebber321 to Cinema4D [link] [comments]

The Trend Is Your Friend....

The Trend Is Your Friend.... submitted by viceandco to Daytrading [link] [comments]

Presumably this guy found me through posting on this sub

Presumably this guy found me through posting on this sub submitted by SweatyBollockSoup to Forex [link] [comments]

I’m trying to become a forex trader and would love any recommendations on how to become the best one I can be. And to what to read and study

submitted by no_average_joe22 to Forex [link] [comments]

My dogs tore apart a cactus toy, to reveal another, sad cactus toy.

My dogs tore apart a cactus toy, to reveal another, sad cactus toy. submitted by SilverTigerstripes to mildlyinteresting [link] [comments]

I drew our favourite rule-abiding defector, Elara Dorne

I drew our favourite rule-abiding defector, Elara Dorne submitted by PerformanceArtist97 to swtor [link] [comments]

Profitable Day Trading Strategy.

When I first started trading I looked for the perfect strategy, 3 years have passed and I haven't found the "holy grail" strategy.
But I did find a pretty good one. One of the major problems beginners have is when should they buy or sell a stock? What do you EXACTLY do?
The Strategy: Heikin Ashi + Stochastic RSI.
Heikin Ashi is a wonderful chart type that cuts major noise. It's a lot different than your regular candlestick charts. You get a series of green/red candles and the calculation is quite different.
Step 1. I look at the trend of the Major index.
I live in India, so I track Nifty50, you may track your country's index (Dow or something). I look for the trend and confirm the trend on multiple setups.
If the stock has positive correlation with the market, and the market is up, I look for buying opportunities.
If the market (index) is down, I look for shorting opportunities. The correlation with the market matters.
Some stocks have negative correlation i.e. The market goes up and the stock goes down. If the stock has positive correlation and the market is up, I usually avoid shorting.
Step 2. The Trend of the Stock.
You can use something as simple as the 50 or the 200 simple moving average to find the trend of the stock.
After that I draw a few support and Resistance zones on the chart. Not a lot, usually around 3,maybe 4 occasionally.
Step 3. Confirm the trend.
I use a 4x time frame chart to confirm the trend. For day trading I use 15 minute chart and I confirm the trend on a 1 hour chart.
For swing trading you can use 30 minute chart and confirm the trend on the 4 hour chart.
If the 15 min chart is bullish and the 4 hour chart is bearish, I avoid trading.
Step 4. Use Heikin Ashi.
The rules of heikin ashi are simple, two continuous closed red candles = bearish trend and two closed continuous green candles = bullish.
There are other rules regarding the size of the candle and the trend.
Step 5. Stochastic RSI.
I use the default setting usually, and if the RSI is below 30 and rising up, when the heikin ashi has closed two green candles, I buy.
When the stochastic RSI is above 70, coming down, and there are two red candles on Heikin Ashi, I sell.
Step 6. Entry.
The 4th and the 5th point will give you the entry signal. I use a stop-loss above the high of the candle (previous) or some other way.
The risk is always less than 2%, if my capital is 10,000 the risk per trade is less than 200 bucks.
To find out the number of shares to buy you can watch my video on position sizing, or any other video on YouTube.
Step 7. Exit.
When the trend continues and I see an area of resistance (long trade) I exit my position.
Or when two continuous red candles are closed on Heikin Ashi. If the candles are red but the size is very small, I don't exit.
Exit= Major Support /Resistance or two continuous closed candles in the opposite direction with decent size.
Some Thoughts.
The Win Rate of this strategy is theoretically 80%, but in real trading it falls to 65-70% considering that your stop loss is hit.
That's still a good success rate. The risk reward is usually uncertain but it's above 1.5:1 (usually).
The more rules you add, the lesser opportunities you get.
If 2 rules out of the 7 rules are violated, or if a major rule is violated, I DON'T TRADE.
This definitely decreases the opportunities I get, but my win rate is higher and I am more confident with my trade.
You can modify the strategy according to what works for you. I learnt it from my mentor and made a couple of changes.
This may not work on every stock (no strategy does) and it is good in TRENDING MARKET. In a sideways market it either doesn't give signals or doesn't work.
-Vikrant C.
Edit: I'm thinking of making a video on this strategy along with examples, comment below if that is something you'll be interested in.
EDIT 2- I UPLOADED THE VIDEO! I've given the link in the comments section.
This is my first video talking about a strategy, so it might not be the best video. But I hope it helps.
LINK IS IN THE COMMENTS.
submitted by Vikrantc2003 to Daytrading [link] [comments]

Don't settle for average, when you know you can have extraordinary. For the love of trading let's trade forex and binary options together

Don't settle for average, when you know you can have extraordinary. For the love of trading let's trade forex and binary options together submitted by Garycork to u/Garycork [link] [comments]

Has anyone had success Gold Trading?

I have been forex trading for about 4 years now and have lost over $12k… You name it, I’ve looked everywhere and I can be certain that most of the problems are not focusing on what I have in front of me. Not even gonna talk about my poor risk management lol, if anyone can point me to the right direction I would love that.

Thank you!
submitted by Nazarov- to Forex [link] [comments]

That's impressive

That's impressive submitted by Zaxter877 to nextfuckinglevel [link] [comments]

Forex Love - YouTube My FOREX Success Story (Started with IML) - YouTube How To Make Money Off Your Phone! (Forex Trader ) Anyone ... Forex Convention - Las Vegas Vlog - YouTube FOREX TRADER WINS 7 TRADES IN A ROW LIVE  FOREX TRADING ...

Symbol LTP Chg Chg% Dow 30: 26,815.40 +52.31 +0.2%: S&P 500: 3,246.59 +9.67 +0.3%: Nasdaq 100: 10,896.50 +63.14 +0.58%: FTSE 100: 5,822.78-76.48-1.3%: CAC 40: 4,762 ... 1 Minute Review. IG is a comprehensive forex broker that offers full access to the currency market and support for over 80 currency pairs. The broker only offers forex trading to its U.S.-based ... Comprehensive and easy-to-use live forex chart that tracks the movements of thousands of currency pairs in the global Forex market. This section contains the tutorials that a beginner can use to learn how to trade forex. Forex or the foreign exchange market is the decentralized global market where currencies are traded. Learn Forex – I Love Trading Forex news from ForexLive. The fastest Foreign Exchange market reporting and analysis. Live Forex and economic news. Technical analysis, headlines, Live quotes.

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Forex Love - YouTube

I finally decided to make a video on my entire forex story. I started with IML 😂 please don’t do that ... Please watch: "Top 5 richest forex trading Millionaires in South Africa #2018" https://www.youtube.com/watch?v=xGu65hk-Eig --~-- Forex broker killer cars and... This is the first video in The Beginners Guide to Forex trading. This Forex trading series is great for new traders and beginners. Part 1 of this Forex tradi... Glad this video helped, no more products for sale no more courses either, study the videos they will teach you everything you need to become a 6 and 7 figure... Forex Love uploaded a video 6 years ago 2:16. Dolarul American si Leul Romanesc s-au depreciat in raport cu Euro - Duration: 2 minutes, 16 seconds. Forex Love. 6 years ago;

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