Hi,
I'm new to this forum and new to forex, been trading for 4 months or something only.
I was just wondering how you decide what trades to do?
Are you using charts and trendslines and all that or do you trade after some other method?
I myself have been trading by what I have believed in would work(not using charts), just looking at the economic situations and numbers from the countries, and that has gone pretty well actually.
But two weeks ago I bought this book on trading secrets, using charts and technical analysis, a book by raghee horner. After reading the book i started doing some trades after beginning to use charts i lost $20 000 in a couple of days.
so i just wondered what the majority does and what actually works, since right now i need a bit help on my trading.
I'm new to this forum and new to forex, been trading for 4 months or something only.
I was just wondering how you decide what trades to do?
Are you using charts and trendslines and all that or do you trade after some other method?
I myself have been trading by what I have believed in would work(not using charts), just looking at the economic situations and numbers from the countries, and that has gone pretty well actually.
But two weeks ago I bought this book on trading secrets, using charts and technical analysis, a book by raghee horner. After reading the book i started doing some trades after beginning to use charts i lost $20 000 in a couple of days.
so i just wondered what the majority does and what actually works, since right now i need a bit help on my trading.