The purpose of this thread is to discuss the truth about trading.
This will not be a thread about methods. I will not be discussing my methods. I want to discuss the true fundamentals of trading. The important things that are never discussed.
I will be adding to this thread once or twice a week as I have time. I trade London and live on the east coast of the US so time is sometimes tough for me.
First my resume, I have traded since 2002. I started in equities and migrated to futures due to the leverage and the trends. I began with forex about three years ago and have never looked back. I didn't make a profit for the first four years of trading equities. I figured out my style while trading futures. I was able to leave my job last June and am trading full time now.
This thread is a rambling in no particular order and its purpose is to discuss the basics to becomming profitable.
The rules for the thread are simple, if you agree with what's said great, throw me a vouch. If you don't agree that's ok too but be respectful. I love a good debate but won't tolerate personal attacks.
I hope you find something here you can use if you are strugling to become profitable.
Edit: I ended up talking about the method after all. It seems you can't make a point without an example.
EDIT: I opened a trade explorer,
http://www.myfxbook.com/members/MH60L/seneca-v/1151211
This will not be a thread about methods. I will not be discussing my methods. I want to discuss the true fundamentals of trading. The important things that are never discussed.
I will be adding to this thread once or twice a week as I have time. I trade London and live on the east coast of the US so time is sometimes tough for me.
First my resume, I have traded since 2002. I started in equities and migrated to futures due to the leverage and the trends. I began with forex about three years ago and have never looked back. I didn't make a profit for the first four years of trading equities. I figured out my style while trading futures. I was able to leave my job last June and am trading full time now.
This thread is a rambling in no particular order and its purpose is to discuss the basics to becomming profitable.
The rules for the thread are simple, if you agree with what's said great, throw me a vouch. If you don't agree that's ok too but be respectful. I love a good debate but won't tolerate personal attacks.
I hope you find something here you can use if you are strugling to become profitable.
Edit: I ended up talking about the method after all. It seems you can't make a point without an example.
EDIT: I opened a trade explorer,
http://www.myfxbook.com/members/MH60L/seneca-v/1151211