(binned per thread starter’s request) 29yrs Trading & Still Here | Page 22 | Forex Factory

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(binned per thread starter’s request) 29yrs Trading & Still Here

  • #421
  • Oct 31, 2022 2:46pm Oct 31, 2022 2:46pm
Lose $1000 Make $100 Lose $500 Make $200 Make $100 Make $100 Make $200 Make $100 Make $100 Make $100 Lost $500 even with an 80% win rate!

Boy don't I know this is right.
When you don't know where your going, any road will take you there.
  • #422
  • Oct 31, 2022 3:29pm Oct 31, 2022 3:29pm
Quoting Darfirst
{quote} Funny how, If they are making ALL this CASH trading, then why waste the time teaching (charging money they shouldn't need) when they could be out enjoying all that EASY moo-la. I'm over the top excited that I accidentally found you and the valuable insight your giving.. Thank you, thank you!!
Hope you find it useful to helping your journey. It takes a lotta time and patience thats for sure Keep at it. if you need any help dm me, i can show you a simple strategy to start practicing with.

PS, i said practice till you understand it and once it proves itself to you. No real trades, demo only first
  • #423
  • Oct 31, 2022 4:18pm Oct 31, 2022 4:18pm
Quoting Darfirst
{quote} Funny how, If they are making ALL this CASH trading, then why waste the time teaching (charging money they shouldn't need) when they could be out enjoying all that EASY moo-la. I'm over the top excited that I accidentally found you and the valuable insight your giving.. Thank you, thank you!!
Exactly, if all these so called Gurus did trade they wouldnt waste their time selling courses especially on their days off. I trade all week. Some days i might not even get a trade but i still watch whats going on. But on Fri n Sat im off.

Im not in some fancy hotel showing off my cars, trying to sell shit courses to vulnerable people. If i were to do a Seminar it would be free and i would try my hardest to talk everyone out of trading
  • #424
  • Oct 31, 2022 4:22pm Oct 31, 2022 4:22pm
Quoting T721
{quote} Exactly, if all these so called Gurus did trade they wouldnt waste their time selling courses especially on their days off. I trade all week. Some days i might not even get a trade but i still watch whats going on. But on Fri n Sat im off. Im not in some fancy hotel showing off my cars, trying to sell shit courses to vulnerable people. If i were to do a Seminar it would be free and i would try my hardest to talk everyone out of trading
well said. Im usually trying to talk people out of trading as well not as easy as it seems haha.
How to succeed in zero sum game?
  • #425
  • Oct 31, 2022 4:29pm Oct 31, 2022 4:29pm
Quoting dempire1
{quote} well said. Im usually trying to talk people out of trading as well not as easy as it seems haha.
Its because everyone wants the dream and think some useless 2k course will get them there. I WISH IT WAS THAT EASY Even now i still find some days difficult, some days i can be looking at the screen all day and not take a trade -- THATS CALLED DISCIPLINE, yes it fuckin sucks missing a trade but thats what you have to go thru some days. Today was a great day for me on EU n GU. some nice easy setups on 1hr and 4hr if you know what to look for. But not everyday is good, you just need to manage your losses on shit days. SHIT HAPPENS more often than not its why so many retail lose. The Game is rigged you just gotta get better at playing it
  • #426
  • Oct 31, 2022 8:11pm Oct 31, 2022 8:11pm
Quoting T721
{quote} Its because everyone wants the dream and think some useless 2k course will get them there. I WISH IT WAS THAT EASY Even now i still find some days difficult, some days i can be looking at the screen all day and not take a trade -- THATS CALLED DISCIPLINE, yes it fuckin sucks missing a trade but thats what you have to go thru some days. Today was a great day for me on EU n GU. some nice easy setups on 1hr and 4hr if you know what to look for. But not everyday is good, you just...
@tt,

What is your preferred TF to trade and read the candlestick pattern? I know that the market is fractal and TF depends on the traders' personalities and likes but I would like to get an idea of how successful traders read the market and define the objectives of a move. And, also are the candlestick pattern less reliable in a smaller TF compared to a larger TF??
Success = Practice + Patience + Persistence
  • #427
  • Nov 1, 2022 10:33am Nov 1, 2022 10:33am
Quoting fxpider
{quote} @tt, What is your preferred TF to trade and read the candlestick pattern? I know that the market is fractal and TF depends on the traders' personalities and likes but I would like to get an idea of how successful traders read the market and define the objectives of a move. And, also are the candlestick pattern less reliable in a smaller TF compared to a larger TF??
i always start with wkly then down from there, to get a bias. but your right everybody is different and also have varying times of the day available to trade, ie - some might have jobs and can only trade on days off. FX is not a one size suits all. you need to find the tf that suits your availability. Even 15min tf is a good tf if your looking for quick trades. But even if your using 15min always keep in mind the 1hr
  • #428
  • Nov 1, 2022 10:34pm Nov 1, 2022 10:34pm
Mr. T,

Would please shed some light on the break of market structure and identify the change of trend using the market structure? Thanks in advance.
Success = Practice + Patience + Persistence
  • #429
  • Edited 8:02am Nov 2, 2022 2:37am | Edited 8:02am
Quoting fxpider
Mr. T, Would please shed some light on the break of market structure and identify the change of trend using the market structure? Thanks in advance.
I think i dropped a pdf on market structure somewhere back in this thread
  • #430
  • Nov 2, 2022 11:29am Nov 2, 2022 11:29am
Hello T721

I wanted to know when you write this

Today was a great day for me on EU n GU. some nice easy setups on 1hr and 4hr if you know what to look for.

were you talking about this red arrow configuration?

Attached Image (click to enlarge)
Click to Enlarge Name: ttt.png Size: 20 KB

and does this configuration on 5min seem correct to you?

Attached Image (click to enlarge)
Click to Enlarge Name: tt.png Size: 21 KB


is this the style of setup to trade?
  • #431
  • Nov 2, 2022 11:34am Nov 2, 2022 11:34am
Quoting thomi
Hello T721 I wanted to know when you write this Today was a great day for me on EU n GU. some nice easy setups on 1hr and 4hr if you know what to look for. were you talking about this red arrow configuration? {image} and does this configuration on 5min seem correct to you? {image} is this the style of setup to trade?
That wasnt what i was referring to as regards the 1hr and 4hr , but really nice work sent you message
  • #432
  • Nov 4, 2022 4:21am Nov 4, 2022 4:21am
Quoting T721
{quote} I think i dropped a pdf on market structure somewhere back in this thread
Thank you, Sir I got it. By any chance, is there any good trade manager for MT4 that will calculate the lot size automatically based on predefined risk % and the SL that can be adjusted on the chart itself? Much appreciated.
Success = Practice + Patience + Persistence
  • #433
  • Nov 4, 2022 8:22am Nov 4, 2022 8:22am
Quoting fxpider
{quote} Thank you, Sir I got it. By any chance, is there any good trade manager for MT4 that will calculate the lot size automatically based on predefined risk % and the SL that can be adjusted on the chart itself? Much appreciated.
This is a decent position size calculator . Not sure if i have anything for MT4


https://www.myfxbook.com/forex-calculators/position-size
  • #434
  • Nov 4, 2022 8:50am Nov 4, 2022 8:50am
Quoting fxpider
{quote} Thank you, Sir I got it. By any chance, is there any good trade manager for MT4 that will calculate the lot size automatically based on predefined risk % and the SL that can be adjusted on the chart itself? Much appreciated.
This one is quite good. For MT4 and MT5. And free also.
https://www.earnforex.com/metatrader-expert-advisors/Position-Sizer/
  • #435
  • Nov 4, 2022 8:53am Nov 4, 2022 8:53am
Quoting zola
{quote} This one is quite good. For MT4 and MT5. And free also. https://www.earnforex.com/metatrader-expert-advisors/Position-Sizer/
Thanks for sharing here Zola, much appreciated
  • #436
  • Nov 4, 2022 4:45pm Nov 4, 2022 4:45pm
Not trading related but thought i would share Due Diligence as its from 2015
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2022-06-13 at 20.17.19.png Size: 77 KB
  • #437
  • Nov 4, 2022 8:39pm Nov 4, 2022 8:39pm
Quoting fxpider
{quote} Thank you, Sir I got it. By any chance, is there any good trade manager for MT4 that will calculate the lot size automatically based on predefined risk % and the SL that can be adjusted on the chart itself? Much appreciated.
Have a look for „Trade Assistant MT4/MT5“. I am using it for about a year now and never had one issue with it. I tried many before.
  • #438
  • Nov 4, 2022 9:09pm Nov 4, 2022 9:09pm
Quoting lddd
{quote} Have a look for „Trade Assistant MT4/MT5“. I am using it for about a year now and never had one issue with it. I tried many before.
Thanks for sharing Idd
  • #439
  • Nov 5, 2022 4:40pm Nov 5, 2022 4:40pm
Worth watching if you dont understand MS And if you dont understand it you you better start now

https://www.youtube.com/watch?v=VPmX6tP80Qo
  • #440
  • Nov 5, 2022 4:53pm Nov 5, 2022 4:53pm
Quoting fxpider
Mr. T, Would please shed some light on the break of market structure and identify the change of trend using the market structure? Thanks in advance.
SEE POST ABOVE
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