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The truth about trading

  • #161
  • Mar 21, 2011 3:21am Mar 21, 2011 3:21am
Quoting Turveyd
I don't believe in predictions, M1 or S10 or anything else either, infact there is no way to predict anything ever in this game, it's to complex and hidden from us to do so.

BUT.... you can see the Momentum is pushing the market higher on shorter TF's, Live and profit from them, I don't know when it will stop and turn, you just need to adapt to it as it does it.

There are times, like the drop from 2.10 GU to 1.35 area where momentum translates well into D1 charts but there not often enough to make a full time living off.
I insist that you are generalizing without the appropriate knowledge on trading in general and especially in higher timeframes. You are micro timeframe momentum trader.... well, well done but you are in a completely different planet than some us here so better focus on what you do best which for you is "momentum pushing the market higher on shorter TF's" and leave the broad generalization on the rest aside.

Best of luck in your trading.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #162
  • Mar 22, 2011 9:48am Mar 22, 2011 9:48am
nice info and post!
  • #163
  • Dec 26, 2024 11:33pm Dec 26, 2024 11:33pm
Quoting AstonDan
I swear this forum has gone downhill over recent months but anyway... The truth about trading is...there is no 'truth' about trading; that's what makes it a 'market'. Trading of intraday prices is somewhat more difficult due to the necessity to react quicker to the changing dynamics of that particular session, but to simply call it 'noise' is a fallacy and shows ignorance. 'Timeframes' are also a fallacy which the market neither recognises nor respects. To quote Birdt: "There are no 'time frames', just clusters of orders at untested break out points."...
I Kinda Agree with you. There are no time frames in trading order book with break out points
  • #164
  • Jan 2, 2025 1:02am Jan 2, 2025 1:02am
Trading is a mix of patience, discipline, and adapting to constant market changes—there's no shortcut to success.
  • #165
  • Last Post: Feb 25, 2025 2:30am Feb 25, 2025 2:30am
Quoting Mr demark
Well, its been a while since i posted anything here. Been busy with work and trading. I know there are some greenhorn traders so i got to share a few words to help with their education and confidence: the truths about trading. 1. You will not make any money from Forex unless you understand the architecture of the market (why prices move) and the psychology behind it all. Why does the price change and why this pattern is formed? Why a trend-line break is so powerful? What can pinbars tell us about market sentiment and what the big boys are thinking...
Hello! Thank you so much for sharing these valuable trading experiences! For novice traders, it is really important to understand the structure and psychology of the market. The price changes, trend line breakthroughs, and market sentiment analysis you mentioned are all very practical insights. Especially money management and time frame selection, these strategies can help traders stay rational and consistent in complex markets.
In addition, your point about "don't have hope, but it's okay to be afraid" is very profound. Emotional control is key in trading, and rational decision-making often leads to long-term success more than blind expectations. Just like following the big trend in the market, we need to learn to go with the flow instead of trying to fight the market.
Speaking of trends and signals, in fact, in trading, interference factors often affect our judgment. For example, external noise, information overload, and even interference from device signals can distract us and lead to wrong decisions. In some high-intensity trading environments, using jammermfg to reduce external interference may help traders better focus on market dynamics. Of course, this is just a small suggestion. The key is still the core principles you mentioned: understanding the market, managing funds, and controlling emotions. I wish you continued success in your trading!
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