Yes I agree!!
you must get rid with them..
time is set to GMT+0 time zone, what is my time adjustment? 0 replies
Hedge Fund Quits Because of Political Economy - Does it Affect Trading 7 replies
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Dear Full time/Part time Traders – Thanks for your time and help 7 replies
DislikedI would like to hear more about you guys set-up on the daily, seem good. I trade the 15m tf and I have to admit that it's frustrated sometimes because of the whipsaw etc.
Looking to hear from you!Ignored
Dislikedfirst i dont blame the market and always told everyone not to because its only numbers and candles nothing else everything what stands behind them is imagination of ours ,when people think that market is hunting SL or opens with gaps etc :] and the text in bold is wrong thinking as any newbie have same chances in the market only difference is whos pockets are deeper,if a bank can place order for 10mil without any leverage and zero risk eventually it will come out as a winner.only thing that eventually got to me that forex is a gambling place...Ignored
Disliked.... It took me a whole year to understand when to take a trade - or better yet when sit and do nothing, like today I am short Aussie BUT waiting for signal on EUR/USD see what I mean? .......Ignored
DislikedUnlucky is all I can say, it isn't for everyone, at times when I first started out I was convinced I couldn't do it but carried on anyway learning everything I can about price action, pivots, S/R and its paid off, massively.Ignored
DislikedMind telling us how it paid you off?
Always good to hear inspirational story.Ignored
Disliked
My own personal traits that were causing the losses, lack of patience, eagerness to get in the market and 'be in a trade' and chasing a loss, after a loss getting angry and upping the lot size to try and make it back - a big no no.Ignored
QuoteDisliked: but if for once second anyone thinks here that they know the market and can be successful for every day.You'll be stabbed more times then you can imagine and brought down to earth with the force,thats the reality in this business.
DislikedKeep in mind that in order to generate 2% per day one only need to make around 10 pipsIgnored
DislikedOn a consistent base it surely is yes. Not stating that it is easy.. If you however win 10 one day and lose 10 the other, day in day out, for the upcoming months you just reached a significant breaktrough. Eventually you'll see more 10pip winning days then 10pip losing days.
This way you can realize a sustainable growth to your equity instead of big fluctuating profits and loses that eventually will wipe out your account. Same thing goes for how companies work, the less heavy fluctuations, the better (usually!).Ignored
DislikedI will do it point by point a quick but deep description of you as a trader if you don't mind:
1. You have no strategy.
2. MM - this doesn't exist in your dictionary as you stated that one trade can blow your account.
3. You are impatient - cannot sit on your hands.
4. Forex in your opinion is a place where you can make million EU/USD in a year from 1000 acc size (refer to point no. 2)
I bet you had 1:500 leverage and were chasing trades with revenge trading like a mad man. Forex is not for everyone. It is hard hard work, you have to be dedicated,...Ignored