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  • #704,161
  • Nov 5, 2022 4:33am Nov 5, 2022 4:33am
Interesting to read Wolf and others' posts re leaving ff and presumably quiting trading. Re Wolf, of course I too wish him luck and success in the future and am sorry to see him go. I enjoyed his posts and energy, and he bought another dimension to the thread. I am curious though, is he quiting trading or just this forum/spending so much time on the internet?

When you start trading it is easy to get somewhat 'addicted' to it. In a sense you have to put the screentime in in order to learn and reach your goal and your life seems to get out of balance.

Re ff you have to ask yourself whether time spent here and in this thread helps with your trading or detracts from it?

I mentioned balance above and the work/life balance is important. Personally I mostly trade for 5 hours a day or less and do mostly stick to this. I also take approx 40% of the year on hols and dont even look at an electronic device in this time. Easy to do this as I don't leave any positions running, being a daytrader only.

At what ever stage of your trading journey you are at, I hope you find a 'balanced' way of doing it that avoids burnout and exhaustion.
Trader with an Edge.
  • #704,162
  • Nov 5, 2022 4:38am Nov 5, 2022 4:38am
Quoting Whale
My next two weeks trading plan. focus on 1.1 (could be deeper to 0.95) {image}

1.17 or 1.18 could be a liquidity one for sellers
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2022-11-05 09-34-01-293.jpg Size: 159 KB
MY OPINION NOT FINANCIAL ADVISE
  • #704,163
  • Nov 5, 2022 4:42am Nov 5, 2022 4:42am
Quoting Headland
Interesting to read Wolf and others' posts re leaving ff and presumably quiting trading. Re Wolf, of course I too wish him luck and success in the future and am sorry to see him go. I enjoyed his posts and energy, and he bought another dimension to the thread. I am curious though, is he quiting trading or just this forum/spending so much time on the internet? When you start trading it is easy to get somewhat 'addicted' to it. In a sense you have to put the screentime in in order to learn and reach your goal and your life seems to get out of balance....
you reds always stick together..

ridiculous
  • #704,164
  • Nov 5, 2022 4:47am Nov 5, 2022 4:47am
Quoting Headland
Interesting to read Wolf and others' posts re leaving ff and presumably quiting trading. Re Wolf, of course I too wish him luck and success in the future and am sorry to see him go. I enjoyed his posts and energy, and he bought another dimension to the thread. I am curious though, is he quiting trading or just this forum/spending so much time on the internet? When you start trading it is easy to get somewhat 'addicted' to it. In a sense you have to put the screentime in in order to learn and reach your goal and your life seems to get out of balance....

i said sometime months back that 2023 I just want to trade less and enjoy life even before 2023 I have limit my time on computer, cus I found trading to be stressful and more time you read the chart the more mistake u will make cus u will be trying to catch every movement. So I decide if my years of experience is not good enough to earn me money bough yo pay my bills then trading is not for me.

I trade few hours of London and few hours of London to New York but I make sure as London closes I am done for the day.
MY OPINION NOT FINANCIAL ADVISE
  • #704,165
  • Nov 5, 2022 4:50am Nov 5, 2022 4:50am
Quoting RaHaG0D
{quote} First, I apologize for the late reply because I fell asleep after the last message. I was very tired I also know very little English & it seems that I did not explain well This discussion was already discussed in this thread (someone said to someone's achievements that this account, which has grown so much in this short period of time, is a demo and... it is not possible to grow so much...) I said it there and maybe you won't accept it either. I know people who are scalpers and work 2-5 pips & their total daily trades are over several million...
okay but we are still talking about different things here. But thanks
How to succeed in zero sum game?
  • #704,166
  • Nov 5, 2022 5:07am Nov 5, 2022 5:07am
Quoting Georginson
{quote} I expect bullish halt at 1.1388 area for some correction back to 1.1300. I will close my buy hedge at 1.1380 instead and wait.
Hello guys, I'm now switching back to my swing methodology, as price ranges are now usually at full volume, I have to respond accordingly...

Here is the deal... Price from daily perspective has been making lower highs and lowers lows since this month began and the expected range for this November is between 650 - 800 pips. This means we still have at least 210 - 350 more pips to break either of 1.1565 or 1.1146.

Here is the big clue...
This means either 1.1780 or 1.0930 will be seen this November..

Pay attention to the formation of daily candles

Should Thursday high of 1.1422 get broken, then price will be giving more clue to attack 1.1780...

Should Thursday high of 1.1422 stay unbroken, then price will be giving more clue to attack 1.0930

For this week 7th to 11 November...
It is a battle between 1.1680 and 1.1075

✓Above 1.1340 will point at 1.1680
✓Below 1.1340 will point at 1.1075

My swing bias for this week will be heavily bearish to 1.1075 as far as price keeps trading below 1.1422...

Note: should price trade above 1.1422 by Tuesday, this my bearish bias will be invalidated.

A research excerpt with no obligation to follow...

Cheers,
George.
Data + Stat + Risk/Emotions Management
  • #704,167
  • Nov 5, 2022 5:07am Nov 5, 2022 5:07am
Quoting TwFXtrader
{quote} that's life i understand man you never know what's possible until you know or hang out with people who are doing some crazy shit. holding eth and BTC is just brainless why daytrade when you can just dump millions into eth/BTC wait for a few year and let it 2-10x that's why people who made a ton of money don't day trade they just end up holding
Hi Tw you've achieved something that nobody else here has proven they can achieve but instead of trying to learn how you do/did it all you get is negativity.

My question to you is how much risk do you take per trade in terms of account percentage? Thx.
  • #704,168
  • Nov 5, 2022 5:26am Nov 5, 2022 5:26am
Quoting Nivad
{quote} Hi Tw you've achieved something that nobody else here has proven they can achieve but instead of trying to learn how you do/did it all you get is negativity. My question to you is how much risk do you take per trade in terms of account percentage? Thx.
Not about negativity it's how you put yourself across, do you know how many people we get on here shouting how great they are only to blow their accounts the next week, hats off to Tw if he stays in profit, I for one would love to see it, time will tell, PS Onlineaddict has live TE nearly 40,000% over 25 days but doesn't come on here slagging the thread and others off, that's the difference, hope Tw answers your question with a straight answer, as I am interested as he must be a billionaire by now...
  • #704,169
  • Nov 5, 2022 5:39am Nov 5, 2022 5:39am
Yesterday saw a post on Instagram explaining something like that, it make sense
Attached Image (click to enlarge)
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SMC
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More time in the market, does not mean you trade better!
  • #704,170
  • Nov 5, 2022 5:56am Nov 5, 2022 5:56am
On Tuesday will be Congress Election, how exactly will it affect the USD?
More time in the market, does not mean you trade better!
  • #704,171
  • Edited 6:12am Nov 5, 2022 6:02am | Edited 6:12am
Forecast for GbpUsd for the week of Nov.7th using Timing Solutions Software, Q Spectrum II module (using 4.8080 day cycle)
Attached Image (click to enlarge)
Click to Enlarge Name: cable 4cast nov7.png Size: 19 KB
  • #704,172
  • Nov 5, 2022 6:06am Nov 5, 2022 6:06am
All news about China reopening falls flat again
China will keep following Zero COVID protocol.

Means not removing restrictions.

What will market react on Monday will be worth watching.
PaRaM
  • #704,173
  • Nov 5, 2022 6:15am Nov 5, 2022 6:15am
Quoting pgidia
All news about China reopening falls flat again China will keep following Zero COVID protocol. Means not removing restrictions. What will market react on Monday will be worth watching.
so , king dollar will be wake up again?
  • #704,174
  • Nov 5, 2022 6:18am Nov 5, 2022 6:18am
Quoting Fardeen1209
{quote} Nope it is achieveable since the trading does not consist of currency only but also indices cfds. Turning $1k into $200k/$400k is achievable by some traders who are really good in cfds but the problem is you can go $400k in debt also.
That's why I continued to talk about skills. Acquiring skills requires effort & a good goal plan. You may go back a few steps several times & you may have to start again, Going according to the plan and believing in yourself and correcting the path as much as needed is the solution to everything
There is nothing wrong with being kind & loving to each other
  • #704,175
  • Nov 5, 2022 6:32am Nov 5, 2022 6:32am
Quoting dempire1
{quote} okay but we are still talking about different things here. But thanks
You mentioned the advantages of the demo account first and that you should not go for the real account first, I said it goes back to the personality type of people. One medicine cannot be prescribed for everyone
& it was said that someone who uses the money of an account for a transaction is gambling. What I mean is that when you have skills, you can turn a $100 account into several hundred thousand dollars within a day. You can have a trade based on time and price that will make a direct profit without a pip of loss
& many people have this skill, and the name of this work is not gambling, but the name of it is knowledge and courage, and at the same time, those people are very happy, and they are also very happy and calm, and they spend a lot of time with their families.
I agree with all trading styles and I don't reject anyone. Everyone is doing the right thing
These words never end because everyone's perspective is different
Good luck friend. I enjoyed talking with you
Let's talk about another issue next time, because we don't agree on this issue
There is nothing wrong with being kind & loving to each other
  • #704,176
  • Nov 5, 2022 6:47am Nov 5, 2022 6:47am
Quoting Georginson
{quote} Hello guys, I'm now switching back to my swing methodology, as price ranges are now usually at full volume, I have to respond accordingly... Here is the deal... Price from daily perspective has been making lower highs and lowers lows since this month began and the expected range for this November is between 650 - 800 pips. This means we still have at least 210 - 350 more pips to break either of 1.1565 or 1.1146. Here is the big clue... This means either 1.1780 or 1.0930 will be seen this November.. Pay attention to the formation of daily...
Thank you for your always good postsI agree more with 1.1075. My analysis shows a decline. The number 1.10590 is still unanswered in my chart
There is nothing wrong with being kind & loving to each other
  • #704,177
  • Nov 5, 2022 6:51am Nov 5, 2022 6:51am
Quoting donfriday
{quote} 1.17 or 1.18 could be a liquidity one for sellers {image}
Ok, thanks.
  • #704,178
  • Nov 5, 2022 6:52am Nov 5, 2022 6:52am
Quoting bhtosun
Forecast for GbpUsd for the week of Nov.7th using Timing Solutions Software, Q Spectrum II module (using 4.8080 day cycle) {image}
It is possible to explain more about the image and the software used? Thank you in advance
There is nothing wrong with being kind & loving to each other
  • #704,179
  • Nov 5, 2022 6:57am Nov 5, 2022 6:57am
Quoting Waveskierrob
{quote} Not about negativity it's how you put yourself across, do you know how many people we get on here shouting how great they are only to blow their accounts the next week, hats off to Tw if he stays in profit, I for one would love to see it, time will tell, PS Onlineaddict has live TE nearly 40,000% over 25 days but doesn't come on here slagging the thread and others off, that's the difference, hope Tw answers your question with a straight answer, as I am interested as he must be a billionaire by now...
I like your sense of humor but don't bother this young trader so much He either loses his account and starts again or he really succeeds
There is nothing wrong with being kind & loving to each other
  • #704,180
  • Nov 5, 2022 6:59am Nov 5, 2022 6:59am
Quoting RaHaG0D
{quote} It is possible to explain more about the image and the software used? Thank you in advance
Hello, used Timing Solution software and I used Q-SpectrumII module. The chart is 30M GbpUsd chart and I had the projection line created from 4.8080 days cycle. The (Pearson's correlation coefficient) r=26.74 for the mentioned cycle.
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