i pull the trigger when others are fearful---me
- Joined Nov 2007 | Status: Conscious Incompetence | 3,274 Posts
Don't wish it were easier, wish you were better. ~ Jim Rohn
If you haven't made it yet, what makes you think you will? 212 replies
Why did you start trading and what do you expect from it? 19 replies
What would you do if you had to start over? 81 replies
Could you share with me the worst trading strategy you know? 74 replies
If you start to be successful - Will your broker close you down? 9 replies
Dislikedif you could start over in forex would you? and where would you start would you take the same path as u have now?
regards damienIgnored
DislikedI started off with james16 PA, and I think that was a good move, so I was off to a good start there (pat myself on the back).
I then got suckered into trying to make as much as possible "scalping" lower timeframes going for 5-10 pips back and forth during the day. With what I know now, that was really stupid, but It did give me some experience, so I can't say it was good for nothing (just not good for my account).
I would have learned what really causes the movements in currencies and not just stared at a chart all day like an idiot thinking...Ignored
DislikedNot saying it can't be predicted, but it's better to wait for PA to confirm your prediction.
And its easier to predict PA in a strong trend - don't try to pick a top/bottom - wait for the trend to reverse.Ignored
Dislikedif you could start over in forex would you? and where would you start would you take the same path as u have now?
regards damienIgnored
Disliked
I then got suckered into trying to make as much as possible "scalping" lower timeframes going for 5-10 pips back and forth during the day. With what I know now, that was really stupid, but It did give me some experience, so I can't say it was good for nothing (just not good for my account).
Ignored
DislikedScalping, or, as I like to call it, ninja trading, is so vilified. Even now, I still feel a little guilty (at times) admitting that I do it. There is nothing wrong with it. It's a great skill to have. You can sit down at your laptop at any given time and make some quick money. Just doesn't suit some people though.Ignored
DislikedWell, don't get me wrong, I trade intraday... but how I was going about it, in and out tight stops just following price with no idea... never again, to me that's 100% gambling. This is just me personally.Ignored