Is trading that simple?

trading is simple, but profitable trading is a little bit harder

Trading is very easy after you have been in the trenches and weathered the ups and downs, trading boils down to managing your emotions, go back and look at your bad days where you traded very poorly must be a week or more later and look at the charts seems pretty obvious what the market was doing you may find most trades rally were not good trades if you had followed your rules.

It's been a bit difficult this year to let winners run, but that is the game. A top trader once said to me: "Why bother moving your stop loss or trailing? Once your trade takes off, start to look on the daily and then the weekly charts for the major S/R zones. Then, maybe, think about closing a trade.

Very simple indeed.

Buy and the price goes down.
Sell and the price goes up.

check out H4/D1... turn them into bumps in the road.

Yes, Id like to repeat the three ways I see:

smikester - enter cleverly, take a number of supersmall losses, but if you see 100pips, let them be. 200, dont do a thing. 500 pips, now you can take them. trendfollowing!


hanover et al - your win must be 2dollars, your loss 1 dollar, your wins must be around half the time of your tries. if you lose or win this time, you dont care. I work on approaches that incorporate this old MM rule, while being based on time instead of price. to say it more distinctly, approaches that ignore price!


GD3K - reading price. which side is stronger at which level. after several 100 hours of watching, you will get the feeling. this feeling for the truth must become more powerful than your fear, thats all, for the market does speak pretty openly, especially on the smalles timeframe.


If I misinterpreted one of you guys, then I am sorry, I just wanted to give specific names to certain paths

Success and insight everyone

I personally like the hanover approach

I disagree, it sounds beautiful but is not working in reality. Cut your losses short, sure. But letting your winners run to 300-400-500 pips is against the market structure. It works out every so often but constant fluctuations will kill 9 of your 10 runners if you are aiming for 500pips+. For example just check how much times euro retested its lows ( area ) last few weeks. If he meant letting 1/4 onwards of your positions run on the other hand... Sure, go for it in that case.

I think trading is simply what is hard is to be disciplined, follow the rules, have a good risk reward radio and control your emotions.

Trading is simple if you know what to do and how to do

Totally agree. It is like with any other things in live. If you watching in tv tennis players, football players or i dont know interview with a doctor you may think that what they do its very easy but when you try this you will know that is very hard for beginner. What I wanna say that if you wanna be good in something you must keep doing this even if on starts its very hard and painfull YOU CANT give up only in this way we can be whoever we wanna be, even a profitable trader