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I need a mentor!

  • #21
  • Oct 6, 2014 11:45pm Oct 6, 2014 11:45pm
Ultimately each trader develops his/her own unique way of trading depending on perceptions and intuitions so even if it is time consuming it is any day reliable to lean on your own understanding of the game.. right?
Besides with a mentor, when things go right we are happy but when they go wrong we end up blaming the mentor and that again is not a healthy situation for trader.
  • #22
  • Oct 7, 2014 3:46am Oct 7, 2014 3:46am
Quoting flakk2000
i ,ve been trading forex for about a year , i learned a lot but i came to the conclusion that i need a MENTOR bad. any one please HELP....
First of all why you need MENTOR ?

you tried your own strategy if yes then share something here and you will get lots of response and from this you will get confidence on yourself.
  • #23
  • Oct 7, 2014 4:43am Oct 7, 2014 4:43am
hallo all, newbie here

please would you help me with how to calculate pivot points seperately for each trading session ie Calculate seperately for Tokyo, London and Newyork sessions
i want to try a new scalping strategy. will post progress with time. i just need to be sure how to do the calculations
thank you to the Gurus who will help
  • #24
  • Oct 7, 2014 7:14am Oct 7, 2014 7:14am
Quoting nevik
hallo all, newbie here please would you help me with how to calculate pivot points seperately for each trading session ie Calculate seperately for Tokyo, London and Newyork sessions i want to try a new scalping strategy. will post progress with time. i just need to be sure how to do the calculations thank you to the Gurus who will help
http://www.pivotpointcalculator.com/
used to be undecided but nowadays can't make my mind up
  • #25
  • Oct 14, 2014 1:25pm Oct 14, 2014 1:25pm
Quoting Dutch-Trader
{quote} You are right Forexnuts, But there are some people who are doing it for reasons other than contributing to the forum. They have personal reasons in acting like that, probably the number of posts counts, which they think will give them some sort of authority in the eye of a newbie. Greetz, Dutch Trader
No arguments here. It is just that we traders tend to log into FF, to check up on others, to chat and discuss imp topics..but to see old ones yucking up the place with no fresh or new ideas, is just both a waste of time and effort. Yeah, think it was done for the reasons you'd stated..strange world and even stranger FF posters..LOL
  • #26
  • Nov 3, 2020 2:23pm Nov 3, 2020 2:23pm
Knowledge is the main thing you need to make money from this risky market. Without knowledge you are nothing in this market.
  • #27
  • Nov 4, 2020 4:15am Nov 4, 2020 4:15am
Search the ebooks on google and find such good and informative ebooks about Forex and learn advanced Forex trading.
  • #28
  • Nov 4, 2020 5:10am Nov 4, 2020 5:10am
Quoting DexterDuncan
Knowledge is the main thing you need to make money from this risky market. Without knowledge you are nothing in this market.
People know that they need skills but they are not willing to give time in learning. They become restless to make money that after few months demo trading they jump into live trading. Then their run for a ready made strategy begin.
  • #29
  • Nov 6, 2020 11:58pm Nov 6, 2020 11:58pm
Very difficult to find a mentor.
  • #30
  • Feb 6, 2021 1:21am Feb 6, 2021 1:21am
Managing risk is the most important yet ignored aspect in trading. I mean all unsuccessful traders do not have any risk management policy. I do not risk more than 1% of my capital in a single trade. If I open more than one trade my maximum risk percentage is 2%.
  • #31
  • Feb 7, 2021 11:39pm Feb 7, 2021 11:39pm
to maintain same risk ratio for all time is a very difficult task , because there is no one who can predict the real faction of this market with certainly.
  • #32
  • Feb 20, 2021 8:44pm Feb 20, 2021 8:44pm
It's difficult to find a good one, unfortunately Just keep on learning on your own. Try a few of these...

1) babypips.com/school
2) Youtube
3) Look at your broker's website. There must be some valuable video tutorials available there.
4) Always read forex forums like forex factory, babypips, mql5, etc.
5) Read books/ebooks like

 

  1. Uncharted Stratagems: Unknown Depths of Forex Trading
  2. Forex Backdoor: A 3-Step Down-Low Razor-Sharp Guide To 0.5% Profit Per Day
  3. and many more in Amazon

  • #33
  • Feb 25, 2021 4:55am Feb 25, 2021 4:55am
Hi, I am new to trading. Since 2020, I trade a lot in low trading lots but all the time it turns into losses. So can you show me some forex trading tips to gain consistent profits?
  • #34
  • Feb 25, 2021 6:44am Feb 25, 2021 6:44am
Not easy to find one. 1 year is not enough, most of the time to really learn how to profit, you need 3-5 years.

Don't give up just yet. Start with...

1) babypips.com/school
2) Youtube
3) Look at your broker's website. There must be some valuable video tutorials available there.
4) Always read forex forums like forex factory, babypips, mql5, etc.
5) Read books/ebooks like

 

  1. Uncharted Stratagems: Unknown Depths of Forex Trading
  2. Forex Backdoor: A 3-Step Down-Low Razor-Sharp Guide To 0.5% Profit Per Day
  3. and many more in Amazon

  • #35
  • Mar 9, 2021 1:54pm Mar 9, 2021 1:54pm
babypips seems to be very popular; what would be a close rival and or close second to babypips?

thanks in advance,

Lusky
  • #36
  • Mar 12, 2021 11:40am Mar 12, 2021 11:40am
Most people who are trading for a constituent profit don't have time to teach. Most who teach can't make a consistent profit themselves. I'm in the first category, but I'll give you one nugget each year or so to speed you on your journey. First, trade the minimum live amount, 0.01 size, until you are profitable for several months in a row. Happy trading!
  • #37
  • Apr 14, 2021 10:28am Apr 14, 2021 10:28am
Quoting dunningduke
Contact Renasdad. He's a great guy that actually claims to have the time to do it. If you have any questions, please do not hesitate to PM me. I will answer them to the best of my ability.
Hello whats upp man , I really need help with fundamental analysis , could you please help me if you are free?
  • #38
  • Apr 22, 2021 9:50am Apr 22, 2021 9:50am
I totally agree with Graviton!

Start small and scale up. Respect risk versus ratio and play defense to avoid losses as much a possible.

No mentor can help predict how market will react and how you will react to all that when you start feeling the heat of the market! It takes a lot of introspection and patience.

Anyways, I work in the financial industry and since there's a lot more mentored than mentor available when it comes to leadership and management, we started to do peer-mentoring. The idea is for everyone to be able to meet others with similar interests and share their experiences. If you want to meet with me, I'd be glad to chat with you about trading in general! Don't hesitate and contact me!

Cheers.
  • #39
  • Apr 23, 2021 1:27am Apr 23, 2021 1:27am
Quoting Tremblard19
we started to do peer-mentoring. The idea is for everyone to be able to meet others with similar interests and share their experiences. If you want to meet with me, I'd be glad to chat with you about trading in general! Don't hesitate and contact me! Cheers.
This topic caught my interest because I often struggle with unexplained price behavior that causes losses, and I have no one to ask what I did wrong, and why it happened. It keeps happening until I can figure out why, and a mentor could be a huge help here.

I would just like to have an experienced someone who would take a quick look at occasional screen shots of the chart and tell me his/her opinion about why the price most likely turned around against me by disrespecting the support/resistance.
  • #40
  • May 2, 2021 7:01am May 2, 2021 7:01am
i spent a minimum long time with a Mentor when as a completely newcomer but after passing sometime i realize what i have learned from his instruction actually those all are available in Google above all in Forex Forums. i have very bad experience about this mentor, i found a Scam as Mentor . (please don't take it anyone personally . its my own experience).
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