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Attachments: MT4 Layout (and a little story about my beginning)
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MT4 Layout (and a little story about my beginning)

Quoting grin
Black might be easier on eyes. There is less of light intensity right into them. It has nothing to do with trading, but intensity of light over time, especially in darker rooms.
Then I think it has to do with trading.
A good strategy for trading is... the opposite of having a bad strategy.
Quoting PowerTrade
Hi, I am new to this forum. I am 33, I have a stupid job, I wanna quit, I've always dreamt the same as most of you. You know almost the cliche story. So I don't live in the states, my wedge is low compared to 1st world countries, and I'm saving to start with 300 approximately. I'm already training with a demo account, and I've made $20, so it's a good start (I guess), I'll train for the next three or four months, and then I'll give it a try. But originally I wanted to know, what's the best layout for you on the background (MT4). I started with a...
if you really don't have a real account, the best strategy is to never open a real accunt, now is the best time to say good bye with this imaginary and 95 % looser industry
forex is not a market it is an industry, the winner is this industry in longterm
Remember almost all of us were doing very great in demo and also in contests but now in real account what?! nothing just waisting our time.
maybe in one week your gain be 300% even in real but in long term there is no hope
(I hope locked mind traders don't come and insult me, it's not easy to accept my words)
making charts look like a christmas tree does not make one a better trader. stick to something simple, trust me along your journey u will begin exploring the world of dazzling indicators and then your eyes will start to play tricks on you.
Quoting PowerTrade
{quote} Then I think it has to do with trading.
Well...

Darker and softer tones are preferred choice for a number of professions which require intensive staring onto screens. White background is a carryover from paper, but paper does not emit light.
Quoting PowerTrade
Hi, I am new to this forum. I am 33, I have a stupid job, I wanna quit, I've always dreamt the same as most of you. You know almost the cliche story. So I don't live in the states, my wedge is low compared to 1st world countries, and I'm saving to start with 300 approximately. I'm already training with a demo account, and I've made $20, so it's a good start (I guess), I'll train for the next three or four months, and then I'll give it a try. But originally I wanted to know, what's the best layout for you on the background (MT4). I started with a...
You have a chart setting option which says "Chart on the foreground" use it
Off topic fun fact: If your job is paying you, it can't be "stupid"
Quoting shiva
{quote} You have a chart setting option which says "Chart on the foreground" use it Off topic fun fact: If your job is paying you, it can't be "stupid"
What does it do? I already ckeched it and it did nothing

You're right, my job is not stupd, I've been stupid for 33 years, giving my best ideas to bosses who have made lots of money with them, and I'm an employee...

This will change
A good strategy for trading is... the opposite of having a bad strategy.
Quoting tablet8
{quote} if you really don't have a real account, the best strategy is to never open a real accunt, now is the best time to say good bye with this imaginary and 95 % looser industry forex is not a market it is an industry, the winner is this industry in longterm Remember almost all of us were doing very great in demo and also in contests but now in real account what?! nothing just waisting our time. maybe in one week your gain be 300% even in real but in long term there is no hope (I hope locked mind traders don't come and insult me, it's not easy...
I appreciate your opinion, I really do; but it's contradictory with other ones, there's people living out of this, some of them have their charts public right in this forum, and they seem to be earning lots of money.

I want to give it a try, I know that using some techniques, probabilities will rise on my favor, don't you think? Which strategies did you use? Why they weren't profitable?
A good strategy for trading is... the opposite of having a bad strategy.
Quoting grin
{quote} Well... Darker and softer tones are preferred choice for a number of professions which require intensive staring onto screens. White background is a carryover from paper, but paper does not emit light.
Point.

Thanks.
A good strategy for trading is... the opposite of having a bad strategy.
Quoting Bicarus
making charts look like a christmas tree does not make one a better trader. stick to something simple, trust me along your journey u will begin exploring the world of dazzling indicators and then your eyes will start to play tricks on you.
Hi, I'm not a native english speaker, I understand what you say, but I don't know if you're being sarcastic

Are you?
A good strategy for trading is... the opposite of having a bad strategy.
Quoting tablet8
{quote} if you really don't have a real account, the best strategy is to never open a real accunt, now is the best time to say good bye with this imaginary and 95 % looser industry forex is not a market it is an industry ...

You never know until you try. Yes, many people fail but is this number really so different from the number of failed restaurants, hair salons, nail beauty whatever things?

I was self employed (sold my business early this year), I'm trading since a few years. I make enough money to make a living out of it and I'm just working around 2-3 hours a day. Wherever you look you're surrounded by more things you can't control than by things you can. If that is not for you, well then better give up trading and NEVER EVER think about running your own business. I for myself prefer trading over running my own business. There are many reasons, but to name a few:

* No employees needed
* No customers
* I'm actually flat (not exposed) most of the time (specific to short term intraday, agreed) (a business is usually always fully exposed, you can't leave a day out if it's to turbulent)
* No marketing
* You need a lot less money to start and its a lot easier to break even every month
* Stoplosses or stop-out level for bad decisions (works only mostly, agreed)
* The money you have with your brokers is safeguarded by a deposit insurance (at least in the UK and some or maybe all EU countries) - during 12 years of running my business I encountered 3! insolvencies of customers or business partners.

Yeah, trading really is a minefield compared to that ...

Quoting tablet8
{quote}
(I hope locked mind traders don't come and insult me, it's not easy to accept my words)
I hope locked mind quitters don't come and insult me, it's not easy to accept my words
Quoting JensG
{quote} You never know until you try. Yes, many people fail but is this number really so different from the number of failed restaurants, hair salons, nail beauty whatever things? I was self employed (sold my business early this year), I'm trading since a few years. I make enough money to make a living out of it and I'm just working around 2-3 hours a day. Wherever you look you're surrounded by more things you can't control than by things you can. If that is not for you, well then better give up trading and NEVER EVER think about running your own...
You don't know how much your words inspire, you really don't know.

Why? Because some of your statements, well I have thought of that and I thought it could be possible, and now someone with experience tells me it's possible, and I really thank you, thank you so much for letting me know your opinion.

I thank @tablet8 for her/his opinion, but I thank you much more for yours.

Of course I'll have losses, right now I have two (demo account) but I know I did mistakes, in fact I made it without applying my strategy (stupid movement).

Man, thank you a lot, my best wishes.
A good strategy for trading is... the opposite of having a bad strategy.
Quoting PowerTrade
{quote}Of course I'll have losses, right now I have two (demo account) but I know I did mistakes, in fact I made it without applying my strategy (stupid movement).
Don't worry, you'll make even more losses live Just don't hurry, there is no need to hunt chances. There will be good setups almost every day. I made my majority of losses in the early days due to impulse trades. I can't speak for common mistakes of trading styles other than scalping (not a recommendation though, it just fits my nature), but I believe it is a common problem of the "very short term intraday crowd".
Quoting JensG
{quote} Don't worry, you'll make even more losses live Just don't hurry, there is no need to hunt chances. There will be good setups almost every day. I made my majority of losses in the early days due to impulse trades. I can't speak for common mistakes of trading styles other than scalping (not a recommendation though, it just fits my nature), but I believe it is a common problem of the "very short term intraday crowd".
My losses are right there.

I've been thinking, just like the marines, they train thousands of hours to behave naturally in combat, even when their lives are in danger and they have some fear, they know what to do (with some fear), and they have a high success rate. That's what I want to do, even when I get scared, I want to know what to do, and mu chances will rise.
A good strategy for trading is... the opposite of having a bad strategy.
Quoting PowerTrade
Hi, I am new to this forum. I am 33, I have a stupid job, I wanna quit, I've always dreamt the same as most of you. You know almost the cliche story. So I don't live in the states, my wedge is low compared to 1st world countries, and I'm saving to start with 300 approximately. I'm already training with a demo account, and I've made $20, so it's a good start (I guess), I'll train for the next three or four months, and then I'll give it a try. But originally I wanted to know, what's the best layout for you on the background (MT4). I started with a...

thats such a cute post, op.
it made me smile

my layout is white btw, looks something like this
Attached Image (click to enlarge)
Click to Enlarge Name: holly shit.jpg Size: 91 KB


good luck mate
i lose money for a living
  • Post #35
  • Quote
  • Edited 5:23pm May 20, 2015 5:23pm | Edited 5:23pm
Quoting tylerbose
{quote} thats such a cute post, op. it made me smile my layout is white btw, looks something like this {image} good luck mate
Thanks man, nice layout (I liked white layout before), I'm thinking of this. If I like white, but black background is easier on the eyes, then I'll mix them (gray), as there are other two images by other two users on this forum.

Good luck to you too
A good strategy for trading is... the opposite of having a bad strategy.
Quoting JensG
{quote} Don't worry, you'll make even more losses live Just don't hurry, there is no need to hunt chances. There will be good setups almost every day. I made my majority of losses in the early days due to impulse trades. I can't speak for common mistakes of trading styles other than scalping (not a recommendation though, it just fits my nature), but I believe it is a common problem of the "very short term intraday crowd".
This is very good advice!! I also took quite a few losses in the beginning for this reason..... If I had a losing trade I would react emotionally.... want the money back and look for somewhere to get in and get it back..... all that does is result in ANOTHER loss which is psychologically tough...... the market WILL give you good setups wait for it to do so...... there is nothing wrong with not taking a on a trade on a particular day...... whatever your entry criteria are only enter a trade when ALL your conditions are met......
I was not trying to discourage you from trading in my earlier post I respect what you are trying to do and also come from a country with a terrible exchange rate where I am from $1000 is a pretty good salary...... I was just trying to share some of how I have approached money management and how long it has taken to start making a profit.
In the beginning it is daunting and exciting and nervewracking all rolled into one but with time you get to know how the market moves and become better at it.
The things I consider critical is
1. Learn and understand the basics
2. Choose a strategy
3. Be disciplined follow that strategy strictly
4. Money management ( which is where your % risk comes in) - Always use a stop loss
5. Psychology how you handle losses is as important as anything else.


I wish you all the luck in the world and it IS possible to succeed but it's not as easy as you might expect it to be.
Quoting PowerTrade
{quote} Thanks man, nice layout (I liked white layout before), I'm thinking of this. If I like white, but black background is easier on the eyes, then I'll mix them (gray), as there are other two images by other two users on this forum. Good luck to you too

i think it really depends on your trading style.
if you're the kind of trader who watch his chart many hours, go for the dark one.
if you're the kind of trader who just need to watch his chart few minutes, go for the white one.

i personally, prefer the white one, its more clear, you know exactly where the price is, and it suites my trading style.
i lose money for a living
Quoting TessiaFx
{quote} This is very good advice!! I also took quite a few losses in the beginning for this reason..... If I had a losing trade I would react emotionally.... want the money back and look for somewhere to get in and get it back..... all that does is result in ANOTHER loss which is psychologically tough...... the market WILL give you good setups wait for it to do so...... there is nothing wrong with not taking a on a trade on a particular day...... whatever your entry criteria are only enter a trade when ALL your conditions are met...... I was not...
Man, I never feel discouraged for your words, I know they were advises, and I'll take them.

Today I have a 1$ loss, and it is my fault, cause I made entries whithout confirmation, I did them based on my stomach and not my brain.
I will be disciplined, let's see how my balance will be the first month of it's creation. I'll update this thread.
Psycology will be my streght.

Thanks again for your words.
A good strategy for trading is... the opposite of having a bad strategy.
  • Post #39
  • Quote
  • Last Post: May 21, 2015 10:44am May 21, 2015 10:44am
Quoting tylerbose
{quote} i think it really depends on your trading style. if you're the kind of trader who watch his chart many hours, go for the dark one. if you're the kind of trader who just need to watch his chart few minutes, go for the white one. i personally, prefer the white one, its more clear, you know exactly where the price is, and it suites my trading style.
Last paragraph is the reason why I like white background, because it's more clear.

The thing is, I won't trade all day, but my job requires reading all day (screen monitor). So I think this first month is a "test".

Thanks again.
A good strategy for trading is... the opposite of having a bad strategy.
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