DislikedHi everybody,
I've been trying to follow Phillip's system for the last few weeks. Unfortunately, I'm a slow learner and found his lessons a bit jumping around (just me, ok? Only me). I tried to follow his advice, studying all the posts in this thread, but, mind you, I had to work from 10am to 9 pm 6/7. Progress is tooo sloow.
So, if this isn't too much, can some of you start a new thread where you can help newbies to understand this system on 4H chart (and 4H chart alone), please? If anyone else interested in 1H chart, they can start another thread for this timeframe alone. And for any development or anything they can go this original thread.
Mind you, trying to follow a thread that has been active for over a year, with lots of posts every day, it's like a would be runner trying to catch up a marathon champion.
ThanksIgnored
Don't worry, it took me more than 1 year to study and grasp Phillip's 5min system. Not because his system is so complicated but because the FOREX MARKET IS SO COMPLICATED. It is like the human body - beautiful machine which looks simple but it is so complicated.
I almost gave up forex trading but decide to work hard at it (Phillip's constant support, assistance and encouragement). Now I understand parts of it - to such an extent that I can see the setups, evaluate it and enjoy the trading. Previously it was very frustating.
Nothing in forex trading comes easy otherwise everybody would have been in this game and doing it. You need to work hard at it on your won pace (please don't compare yourself to the other members) and expect to spend more than 1 year studying a system before you'll fully understand it.
Advice:
1. Take your time and work through the information on page 1 until you understand it.
2. Listen to Phillip's MP3 and take in what you can. Go and apply it.
3. Then come back and listen to it again, taking in something else and go back and practice it.
4. Don't try and doing everything at once.
5. Be careful not to be influence by other's posts - it happened to me.
6. Make sure you work at your own pace and that you fully understand what you are doing.
Keep it up!
Willem
Forex recipe for success = Patience, discipline & hard work.