Recent content by ArnavDeshmukh

HI.... I do trade Gold

It’ll definitely work in the long term! If it doesn’t work yet, you just haven’t gone long enough. 😂

The most profitable trading style: just put it on and go! 😂

EUR/USD is usually the best pair for beginners becuase it has low spreads, lots of market info, and it’s easier to follow. USD/JPY is also a good choise.

Honestly, both can work. Its not really about the trend, it's about having a strategy that actually works and sticking to it.

If you have a lot of traders available who trust you, then IB partnership is a great choice. I have friends who are making good money out of that.

Honestly, I’ve never tested scalping myself, but I assume it’s more trouble than it’s worth. Tons of effort for tiny gains, one slip and the wins evaporate.

If you trade without any knowledge and experience, then yes, it is like gambling. But if you have tested the market and gained some experience, you'll know that you can expect some sort of control on the outcome of your trades.

Yeah but it really comes down to figuring out which decision makes the most sense for your strategy and backtesting. Indicators just make it easier to confirm your analysis.

Gold’s value tends to rise slowly but reliably over years. If you're looking for a reliable investment, the gold is what you should go for.

You can't be sure of anything when it comes to trading. The market can surprise you with all sorts of thing. all you can do is to figure out which possibility could be more probable.

Also emotional trading. Many let their fear or greed override their plan and destroy consistency.

Trading based on indicators doesn't lead you to profit. Trading is multidimensional, indicators play their own part. There are news events that can change everything and not care about the technical analysis we had been using.

That way focusing on the target timeframe is advised. But if you want to know to what's the deal with a chart, look at the larger timeframes.

Good luck with that