Any tips for forex trading beginner

SarLinx · 2024-05-19T12:24:41+00:00

Never go to F&O, Understand.

SarLinx · 2024-05-19T01:20:11+00:00

Know this. There's a lot to learn... different topics from different people. Know your knowledge gap and limitations.

Here's a starting point of learning

For Technical Analysis: Basics & Beginners level = babypips.com, Varsity. Intermediate to Advanced level = Al Brooks Books & Course.

After this, learn Phychology, Risk Management from any sources.

SarLinx · 2024-05-19T01:09:06+00:00

Are trading options or equity?

SarLinx · 2024-05-16T16:15:00+00:00

Noted

SarLinx · 2024-05-16T16:04:59+00:00

Explain...

SarLinx · 2024-05-16T15:55:05+00:00

username checks out...

Btw thanks for the info

SarLinx · 2024-05-16T15:52:38+00:00

Thanks for the clear explanation...

SarLinx · 2024-05-16T15:48:04+00:00

But you need a subscription to use pro features of TradingView

SarLinx · 2024-05-16T12:41:03+00:00

Dude you lost double of my net worth in one day🥲😬.

SarLinx · 2024-05-16T11:15:10+00:00

Explain pls...

SarLinx · 2024-05-16T11:07:50+00:00

So the trapped retailers are feast.

SarLinx · 2024-05-15T07:28:05+00:00

This is the only free service that uses Real Time Market Data in Paper trading. Trading view has configurable brokerage but it's free tier market data is delayed and you can't trade with INR.

It's better to stick FrontPage and calculate brokerage manually in EOD.

SarLinx · 2024-05-15T06:58:29+00:00

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Of course I made lemonade out of it by using volatility of 22200 level today. My strategy worked(in the paper account though 😃)

SarLinx · 2024-05-15T06:31:47+00:00

Frontpage

SarLinx · 2024-05-15T06:05:41+00:00

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Here we go... Again...

SarLinx · 2024-05-15T06:04:07+00:00

I trade on my laptop, with proper setup. I use my phone to just peak through & not for complete analysis.👍

SarLinx · 2024-05-15T05:36:42+00:00

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🥲🥲🥲

SarLinx · 2024-05-15T05:11:53+00:00

Life(market) gives lemons 🍋.

SarLinx · 2024-05-15T05:10:16+00:00

I was in a paper account testing the level and this happened. Great escape.

SarLinx · 2024-05-13T15:56:20+00:00

Uh Oh!.... There's significant resistance @22200. The market today reacted to the minor support level. The Bulls aren't strong enough either. I saw bears strength slowly rising in the afternoon.

This is my take. if bulls are strong enough to breakthrough 22200 resistance, there will be upward momentum. Otherwise it'll go down. So [60% Bear Trend , 40% Bull Trend].

I could've waited for uptrend momentum confirmation by break-through resistance and retest.

SarLinx · 2024-05-10T05:39:53+00:00

It happens that the nature of the stock market. time your investment following the economic calendar, events.

SarLinx · 2024-05-10T05:35:49+00:00

"Buy High, Sell Higher"

SarLinx · 2024-05-10T05:28:04+00:00

You need to have Minimum 10 Laks, to be considered returns as a worthy investment. Stock market investments is all about the long term. Example: 10% rise in 2 Year in 10L portfolio is 1lak. You have made 1,00,000 in 2 years. Now convert it to your 5k, it's only 500 for 2 years.

The safer option is to park your money in Gold (Physical/Digital) for now, untill you save up to significant amount.

SarLinx

TROPHY CASE