Yup..anything individualistic is not going to work consistently. My trendline, my RSI, my fib etc wont work consistently. Markets is a 'mass psychological game'. The only way to beat the market is to understand and learn about mass psychology/crowd ...

There is only one way to make money consistently in any market- Understanding the collective psychology of price. There is only one way to learn collective psychology of price- Writing a journal describing how price is behaving. Over a period of few ...

Big sell off tomorrow in asian indices

will buy $600 billion of U.S. government debt over the next eight months.

dow jones very volatile

Big global news...i know a trader in tokyo who is up right now at 3 a.m tokyo time trying to see how nikkei 225 will react in morning Tension around the globe

My one: 1) The great irony of trading is that it is difficult precisely because it is so very simple. 2) Deactivate your RAT BRAIN- Fear and Greed during trading. I love the first one. I am 100% sure human beings have added layers of complications ...

My signature which says: The great irony of trading is that it is difficult precisely because it is so very simple. There is a layer of complications in trading which human beings have developed through their innovation. Once a trader starts to ...

lol. In one of these Bucket shops, i know the director Marketing and as per him these figures were shown to be attractive to attract more traders so as to eventually take their money as well. These Bucket shops will be billions dollar fortune 2000 ...

Right Mate. 'Slaughtering the looser' is the right thing to say. It is a sort of moral rape both in the markets and outside markets by paying for seminars to be conducted by failed traders. In the market, losers are morally raped by big winners. The ...

Last week, I met one failed Forex trader who conducts TA and fundamental analysis seminars regarding trading around the globe and makes about half a million US dollars per year. He has expanded his business using astute marketing agency services and ...

Well said. Many successful traders who in reality make money here and also on other forum like T2W, traders laboratory, elite trader have left the forums to enjoy their wealth.

Only 1-5% traders make pot loads of money in trading 'consistently' over a longer period. Their exorbitant standard of living reflects their trading success. The rest 95-99% loosing traders gives their money to the winning traders in this zero sum ...

Looks to me a super hit trade. In Nov 2009, it came to 84 and shot up to 92. This time it will come to 16 year low of 79 and thats it. It has no where to go but up. Trader Xaron thrives on Risk.

Traders who do not make any money in trading 'sell signals, seminars, psychology training, associated trading business services etc. This is a NAKED TRUTH- The global trading ecosystem is filled with billions of dollars monetary spam. Business ...

PRICE is the only technical indicator which does not LIE. The super millionaire traders who swallows all the money in zero sum game are discretionary traders who take trades based on both left brain logical thinking + right brain intuition. Trading ...

Hi Esuffw, No..i have not been training my TE..yes i have idea about them.

What ever pivot points you will use, it will only work when all market participants are using same pivot points to enter and exit the trades. That will not happen and this is the reason 95% fail and quit. Think about it- Each and every trader has ...

Big Boss knows the truth

Words of wisdom from gulfcoastpips- A great and successful trader out here. Trading like any other skill involves building pathways in brains just like we do in all other skills. It takes time. This means initially while learning trading, ...