there is always, always another trade!!
- Joined Mar 2016 | Status: Member | 6,279 Posts
Make all possible mistakes in demo and rain in pips in live account
Trading Contest All Time Return:
2.3%
share a system with a winning track record over many years 10 replies
to go long at undervalue or not yet overvalue? Which has a higher probability winning 1 reply
UK and US Retail Sales later 37 replies
Philly Fed later - trade or not to trade? 10 replies
A few months later :) 1 reply
Disliked"If you want the mind to pick up an idea and to form a habit so that the mind will automatically act upon that idea, you've got to tell the mind what you want, over and over and over again." Napoleon Hill. Simple must be rehearsed before it can be simple. I think the problem is more inside. I believe there are two sides to every person. Let's call the outer man Joe and the inner one Jim. Joe wants to be a successful trader while Jim doesn't believe he can be successful Trader. Jim will always sabotage the success of Joe cause he is the stronger...Ignored
DislikedYou need to have confidence in your entry AND exit signal. There are many patterns to trade, so rather than attempting to trade them all, hunt for the ones you want to trade. For instance, I am only able to make money when the market is moving vertically in my favor, so I target vertical movement. When the market is sideways or whipsawing, I don't trade it. When I enter, I have rules to tell me when to exit. I don't need all the pips available in the market because I can diversify across the market within my target areas and get just as many pips...Ignored
Disliked{quote} Having good entry/exit is first priority before trusting themIgnored
Disliked{quote} my really honest advise to you on winning forex game is, forget what you've learn so far. Take a detour... learn coding mql4/mql5 language. code your own customs Expert Advisor / Indicators. trust me, it's a different view/approach when you are a coder, trading the market.Ignored
Disliked{quote} I respect you as a good trader but I think we have contrasting views and I respect that too. I don't care about entry/exit points, for me they are random. The most important to me is direction and I can flip a coin and be right 50% of the time. That's enough to make a fortune. If I think something is going up and its trading at 10, I don't mind buying it at 12,15, or even 20 so far as I remain bullish.Ignored
DislikedNow I know the market is not fully random but getting a right trade at the chart which makes you profitable it is not so easy. one simple support level anyone can draw and say that buy from here. There is lots of this kind of support level did not work before and will not work in future. in a historical chart, anyone can show support that work and supply and demand level that works. To find a trade in a simple support level you may have to lose 3 trade before 1 good trade.Ignored
Disliked{quote} What did you find that worked for you? Just a general synopsis would be great. Kind regards, GooseIgnored