What Is Trader Talk?
It seems that every trader has been introduced to Trading in terms of indicators or oscillators-type trading, however very few brokers have been exposed to Trading without indicators. In fact, just when you think you know everything there is to know about Forex, there is another concept that has suddenly started to be used all over the place: Trader Talk. Now what is Trader Talk? Why do traders get attracted to trading with discipline?
Trader Talk is the talk of the traders. It is the way the experienced traders discuss complicated issues and open issues in currency trading for others. The first question I ask myself in this regard is “What is the benefit of Trader Talk?” Secondly, it allows me to learn from others experiences. It is good to know how your fellow trader thinks and how he/she plans to trade. Also, you can use the information to build your own system and trading framework so that you can make money even if others are making money and trading the markets.
Here is my answer: Trader Talk is simply sharing knowledge with others, especially the people who are not much involved in Forex Trading. So, this means that they cannot help you much at all. But if you are really ambitious and want to be successful in the markets, then you should not let them stop you. On the contrary, I strongly believe that a new trader should be exposed to as much information about Forex Trading as possible, because a new trader always has a long way to go until he/she becomes an experienced trader and the markets are still on the rise. You will never know if the markets will fall or rise until you start trading, therefore I advice that you stay as updated as possible.