Oh dear, It is quite sad to see what is going on here on FF.
I see a post where someone says to a "very experienced" trader that he picks up an orderbook, download it on excel to read the forex market and place trades! Leaving behind price action, trend and what the charts are doing during "market overlap hours"/volatility. Surprisingly he was encouraged.
Then you have a newbie seeking advice from an "18 years experienced trader" who barely knows the simplest of chart patterns and cant tell when a market is bullish is bearish. He still has his impulse overriding his ability to think right and act like the experienced trader that he is.
You have someone starting a thread because he was very bitter. Rather than focusing on himself and how to improve on a daily basis he was focused on asking people to show only live trades because people claim to be gurus and posting trades only when it is in profit. That was his concern? He then posted a trade he took. Someone simply asked "where will your stop loss be"? His response - "somewhere around 150pips to make way for volatility and Take Profit 30 pips"! Now he is gone guess the market humbled him.
Newbie stay the F*** away from FF if you have no idea of what you want. Get on with reading articles, books, listening to audios and watching videos of seasoned traders and most importantly practicing on a demo account because if you don't practice there is no way you will get to understand what is said in the video, audio, book or article you read.
First of all have a clue of what kind of trader you want to be and what trading style and approach suits you as well as what market(s) is suitable to your style before you can come in here to use the "filter button" in adding knowledge, add value to your trading style, approach/performance. Trust me there is a lot of shit going on here. There is a lot to learn in the trading world and it never ends no matter how long you've been in the game. Effectively using your time is key.
"Do not follow the herd". Stop hoping from one strategy thread to the other looking for quick fix trading systems. Put in the work and train yourself hard. Note that there is no such thing as perfection but the closest you can get is consistency. Explore your world of trading outside FF until you have a sense of direction. Stop feeding into disastrous information.
No two traders are exactly the same, they may have similar strategies but planning, execution & psychology are totally different. Reason why you will have the best strategies to work with and still blow up accounts. Practice Price Action first before thinking of combining or using indicators. I spent years doing the exact opposite i.e. indicators before learning PA. Your trading psychology is paramount. Best of Luck.
I see a post where someone says to a "very experienced" trader that he picks up an orderbook, download it on excel to read the forex market and place trades! Leaving behind price action, trend and what the charts are doing during "market overlap hours"/volatility. Surprisingly he was encouraged.
Then you have a newbie seeking advice from an "18 years experienced trader" who barely knows the simplest of chart patterns and cant tell when a market is bullish is bearish. He still has his impulse overriding his ability to think right and act like the experienced trader that he is.
You have someone starting a thread because he was very bitter. Rather than focusing on himself and how to improve on a daily basis he was focused on asking people to show only live trades because people claim to be gurus and posting trades only when it is in profit. That was his concern? He then posted a trade he took. Someone simply asked "where will your stop loss be"? His response - "somewhere around 150pips to make way for volatility and Take Profit 30 pips"! Now he is gone guess the market humbled him.
Newbie stay the F*** away from FF if you have no idea of what you want. Get on with reading articles, books, listening to audios and watching videos of seasoned traders and most importantly practicing on a demo account because if you don't practice there is no way you will get to understand what is said in the video, audio, book or article you read.
First of all have a clue of what kind of trader you want to be and what trading style and approach suits you as well as what market(s) is suitable to your style before you can come in here to use the "filter button" in adding knowledge, add value to your trading style, approach/performance. Trust me there is a lot of shit going on here. There is a lot to learn in the trading world and it never ends no matter how long you've been in the game. Effectively using your time is key.
"Do not follow the herd". Stop hoping from one strategy thread to the other looking for quick fix trading systems. Put in the work and train yourself hard. Note that there is no such thing as perfection but the closest you can get is consistency. Explore your world of trading outside FF until you have a sense of direction. Stop feeding into disastrous information.
No two traders are exactly the same, they may have similar strategies but planning, execution & psychology are totally different. Reason why you will have the best strategies to work with and still blow up accounts. Practice Price Action first before thinking of combining or using indicators. I spent years doing the exact opposite i.e. indicators before learning PA. Your trading psychology is paramount. Best of Luck.
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
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