Hey everyone, This might seem like a dumb question but I wanted to try my hand with crypto trading and I was curious about whether I could use my current forex indicators/systems for crypto trading? Is there any difference and what has the experience been like? Thanks!
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Firstly, what kind of trader are you. Many traders fail because they don't know the kind of traders they are. What experience do you have in forex market. How long have you been trading. How many times have you withdrawn from your live account. What system have you tried and still working for you. Are you emotional during trading. Do you have to sit down in front of your system most of the time, and still, losing most of that time. These are very simple, but serious questions you need to ask yourself. It will help your learning curve. Secondly, do you know that price action is the king of forex trading. Indicators and robots are nothing without price action. They will cost you money instead. Any forex indicators, systems, robots, or softwares that are not based on price action will always make you lose consistently. I am a professional; I know what I am talking about. Ask any veteran in the system. Before the existence of robots and softwares, many experts have been trading forex and still make money consistently. Many use very few but powerful indicators based on price action. They just understand how forex market moves over time. They know where to put "stop loss" and "take profit" properly. Price will allow you to trade with your eyes accurately and not depend on any other lagging method. Thirdly, never joke with any simple system that combines trending price with momentum and market strength. This is where you can make money fast and above all, consistently. Combining trending price with momentum is telling you that a train is traveling at 250km/hr. It will be very difficult to reverse or turn around. In a twinkle of an eye, your targeted profit is hit. All what you need is just wait for another right time. And easily you can double your account over and over again. It is easier than you think if you have the right price action strategy. Forex trading is the name given to the trading of currencies all over the world. Forex is the combination of two words Foreign and Exchange and the term forex industry clearly suggests a place where exchange and trading of the foreign currencies take place. It is a complicated business as it can gain riches for you in no time and on the other hand it can also leave you with nothing in your hands. https://dietguru.co/product/purefit-slim-swift/ https://consumerscomment.com/real-profits-online-review/ https://binaryforexuniversity.com/orange-grove-cbd-oil-review/ https://wildforexguide.com/organifi-green-juice-review/
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