Here are some things to meditate on.
Most of the people that visit FF will never become profitable traders.
They are too busy on a fools errand in search of the holy grail.
They consistently jump from system to system never mastering one.
They are also on a quest to "GET RICH QUICK" this is not realistic.
So here are some thoughts to meditate from Joe Ross.
The key to forex success is to find yourself and find a system with an edge and MASTER IT, once you have mastered the system and yourself discipline you can then move on to tweaking the system for better performance or reinventing it to your personality.
Here are some things for you to ponder from Joe Ross, and very pertinent to your trip to becoming a successful trader.
SETUPS
You only need to master one setup to be a consistently profitable trader.
Screen Time will allow you to master one setup.
After you have mastered one setup "OWN IT" you can add another setup.
This can be an ongoing process developing your own style.
The best setup to begin with is the one that you see and understand easiest. If you are forcing yourself to learn a setup because you believe another person is successful using it you may be taking the longer route to profitability.
We are all different . Our brains and personalities will gravitate to different setups. This is also true of exit techniques.
Most traders I hear from lengthen their road to profitability by trying to apply too many concepts before owning the first one.
They have studied a myriad of techniques but have yet to master any. This allows them to talk about trading but unable to consistently trade profitably.
The first decision to make is; do you desire to be a counter trend trader? or a with the trend trader? Eventually, you can be both.
At the beginning, or a new beginning perhaps, you will do best choosing to
Master setup and follow the trend.
If you have been at this game for awhile and are not yet consistently profitable you know what I am saying is correct.I will present a "Chinese Menu" of trading techniques and setups with the intent that it will aid you in creating "your" trading style.
My personal trading style is a combination of many styles and setups. I trust this website will be an exercise in my personal understanding of my own style allowing all to benefit.
PICK ONE, MASTER IT, AND BECOME CONSISTENTLY PROFITABLE
DO IT NOW
Here is the link to Joe's Chinese Menu of Trading Techniques
Most of the people that visit FF will never become profitable traders.
They are too busy on a fools errand in search of the holy grail.
They consistently jump from system to system never mastering one.
They are also on a quest to "GET RICH QUICK" this is not realistic.
So here are some thoughts to meditate from Joe Ross.
The key to forex success is to find yourself and find a system with an edge and MASTER IT, once you have mastered the system and yourself discipline you can then move on to tweaking the system for better performance or reinventing it to your personality.
Here are some things for you to ponder from Joe Ross, and very pertinent to your trip to becoming a successful trader.
SETUPS
You only need to master one setup to be a consistently profitable trader.
Screen Time will allow you to master one setup.
After you have mastered one setup "OWN IT" you can add another setup.
This can be an ongoing process developing your own style.
The best setup to begin with is the one that you see and understand easiest. If you are forcing yourself to learn a setup because you believe another person is successful using it you may be taking the longer route to profitability.
We are all different . Our brains and personalities will gravitate to different setups. This is also true of exit techniques.
Most traders I hear from lengthen their road to profitability by trying to apply too many concepts before owning the first one.
They have studied a myriad of techniques but have yet to master any. This allows them to talk about trading but unable to consistently trade profitably.
The first decision to make is; do you desire to be a counter trend trader? or a with the trend trader? Eventually, you can be both.
At the beginning, or a new beginning perhaps, you will do best choosing to
Master setup and follow the trend.
If you have been at this game for awhile and are not yet consistently profitable you know what I am saying is correct.I will present a "Chinese Menu" of trading techniques and setups with the intent that it will aid you in creating "your" trading style.
My personal trading style is a combination of many styles and setups. I trust this website will be an exercise in my personal understanding of my own style allowing all to benefit.
PICK ONE, MASTER IT, AND BECOME CONSISTENTLY PROFITABLE
DO IT NOW
Here is the link to Joe's Chinese Menu of Trading Techniques