Correct path to boost your trading performance

I am not here to make money or to sell something, just sharing the way how one simply can be successful in trading, because i have learned it free of cost and so sharing with you all. I will share many reference from where you can gain useful knowledge free of cost, If you are newbie in trading then i m sure, following this thread will save your years of time. I am not saying you to subscribe any one or to pay for something, do such things only at your own will............. Sorry for my bad English.

This thread will be 80% psychological and 20% is Technical and Money management.

If people only walk on correct path every time towards there goals then they can achieve 5 years of success in just 5 months (buy hitting every time correctly)

Many times you might have heard of trading is 80% psychological and 20% is Technical and Money management, but what does this line really means ???
Trading is 80% psychological because it is a greed game for 97% of humans, people wants to earn and still they fear to loose, When a person place an order and risking more then his mental capacity of money risking, then there is high chance he will close the trade on inappropriate time. greed makes him to risk more not the money management. when the same person is in gaining +pips on a trade their greed don't let them to take the profit because still indicators saying you can earn more.

​will get back to trading psychology topic in future. you can learn many things about trading psychology from here
http://traderspodcast.com/
http://www.thedisciplinedtrader.com/

Trading system

All trading system works, even tossing a coin 3 times in an air works much better then most of paid systems. (for entry)
None of system works, either you give back some pips on trend reversal or take defined pips.(for exit)

​The main reason is psychology, it changes time to time, so people place their orders and exits. you can understand from below links how market works and retail traders get fooled easily with trend lines and chart patters and why some times chart pattern works and why many times it dosent.

http://www.forexfactory.com/showthread.php?t=545132

http://www.forexfactory.com/showthread.php?t=540706

http://www.forexfactory.com/showthread.php?t=463573

In further posts will show some great working systems to get in trade and with money management to balance your psychology (brain waves) while trading..
Will really appreciate your comments on what important knowledge you got from my reference posts and what works best for you in what situation. sharing you points of view will make lot more easier for everyone in this thread. i have many things to share, will share in baby steps.

by this video you can learn how just by simple risk management a person can grow his account in a random market. but i will recommend only to take high probability trades because 75% of time market is ranging which kills the account of small traders too quickly. i believe market is not random believes of big boys and MM makes it seems random.

Thanks for the video really helpful.

Account growth must be consistent

when you plan for trading with a system and start, you will surely see your account in ups and downs, it dosent mean that your system is not going to work, of course you will face the challenges. Trading without the challenges is very very boring, in trading when you get the challenges you must figure out how to work around those challenges and you will be successful.
what market dosent like is when you try one system and face one or two problem and say this system dosent work every-time and give up with that system and move to another system with different trading rules.
Most of traders are not consistent, because you fall out of track to quickly, or get distracted easily. or might be your account grows consistently for a week or two. or a month and then you fall of the track and cant get back on. even if you are a part time trader just try to take a little step to grow in your idea and gain in account.

The main reason your account dosent grow consistently is Volatility of your account and Emotions in your mind, both of these are related to each other, when a person suddenly increase volatility of his account by risking more capital in a trade, he just cant be consistent because trade could either turn in big win or loss. On that very same time he is dealing with his emotions. By increasing volatility, he also gains more lots of emotions, which does not allow him to trade with same rules with discipline and to be consistent. most often these types of trade in end, get closed in loss.

For consistent account growth just use fixed percentage of your account capital. Dont get attracted towards gaining quick money by risking more capital, because you will definitely get a chance to trade in future, unless you know you will die in few hours.

In beginning you will find slow, slow, slow painful growth. probably you will think all of things i m doing is right still not getting high growth results. in few months your account growth will catch the bullish trend and will start to rise from ranging. you will see tiny,tiny,tiny growth and then boom, sky rocket. because you allowed momentum to build. because you consistently let your trades to work. this will take time and effort to achieve. This is a typical progress. be consistent in your trade to see consistent growth of your account.

Trading Emotions & Psychology

Mind over Money

From here you can learn how to get, understand and use order flow ==> https://www.youtube.com/user/jigsawtrading/videos

i highly recommend you to watch this webinar, as it will definitely improve your living life style and thinking capabilities http://www.myneurogym.com/brainathon...il=&contactID=

Great thread. Thank you for the time and useful videos you are posting.

how market makers manage positions

will soon post about liquidity

Hi nadiyankirare!,Sir do you trade INR or only US crosses?