This game isn't for everyone.
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{quote} I been losing due to psychology, because the marketing trick was " all you need is a system".I was sold the idea , all you need is a system or a price action course.The system was to be operated without the human brain, the brain that can't accept losing/defeat.Psychology is not important, but the brain was going to execute the system with real losses/reall money losses, not fake demo money that meant nothing.Let me rob you of your money , in place of mr market and see your response towards me. The price action is also lagging , based on...Ignored
DislikedI really do feel for you. I also learned my lesson the hard way, 1.5 years of losing money and trying so many different ways of trading, courses etc. I now follow 2 companies that provide recommendations for a small yearly fee for 1 company and a lifetime fee for the other and I have made good returns for the past 3 years straight. I chose 2 companies so if one has a bad run I hope the other makes up for it and it seems to work so far. All I can say is my belief is that scalping does not work for me. The longer time frame trades (daily weekly) seem...Ignored
Disliked{quote} that sounds too good to be true if it is for free what strategy does it use? can we see the code? I see it is ex4 extension so it is compiled as I understand. Oh I see in the pdf - it is martingales. I am skeptic of those martingales, if you increase for every loss, some time you should run out of money. Or I am not understanding something. I am thinking about casino example - we all know that casino martingale does not work.Ignored
Disliked{quote} I am thinking maybe with pairs which are having lot of sideways action that might work. You know it still is not a casino, in casino it is random. But the logic martingale in forex could work because the more price went to support level, the more likely it is bounce back. And lets say you made few small losses when the price was not near support by buying, and then you make big buy near support - you could win big. Buy low sell high. We like on other words for exmaple price near support could have change of 70 % to go up. While in casino...Ignored
Your pain and professional losing rate can be fixed...conclusion.
Disliked{quote} exmaple price near support could have change of 70 % to go up. after it hits your stops?Ignored
Disliked{quote} if they are too close, yes now lets use the logic - if it hits stops and bounces back often, then the solution is to buy limit where stops are usually hit of course easy to say. But just trying to use my brain. But that might be stops are hit because fundamental drivers move the price. So if the fundamentals move to oposite side, the level not always hold. Otherwise price would be between levels forever.Ignored
Disliked{quote} after 8 years ? what if your brain is naturally wired to lose in the markets ? how about brain transplant?Ignored
Disliked{quote} simples, just do the complete opposite of what you are doing. when you think you should sell, you buy, when you think you should close the trade, keep it open.Ignored
Disliked{quote} simples, just do the complete opposite of what you are doing. when you think you should sell, you buy, when you think you should close the trade, keep it open.Ignored