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Desperate to learn a new strategy

  • #21
  • Aug 14, 2015 12:04pm Aug 14, 2015 12:04pm
Thanks, guys! Not sure if I am able to work on my greed or money management I am too greedy
I have found good webinars and I am trying to learn through them. Hope it will work
  • #22
  • Aug 14, 2015 1:19pm Aug 14, 2015 1:19pm
40% money management / 40 % psychology / 10% price action / Strategy / 3 yrs of blood sweat & tears & you go & find yourself a webinar. Wish I thought of that
  • #23
  • Aug 14, 2015 1:45pm Aug 14, 2015 1:45pm
Quoting nolimitz
Thanks, guys! Not sure if I am able to work on my greed or money management I am too greedy I have found good webinars and I am trying to learn through them. Hope it will work
you are going to have to if you want to become successful, there are no ways around it, no money management = doom.
you might as well send your money to charity then
Bulls are stupid Animals!especially when Im short!
  • #24
  • Aug 18, 2015 11:50am Aug 18, 2015 11:50am
Yeah, I will definitely work on money management... At some point
For now I am using Tickmill Webinars and learn through them. I didn't expect them to be so useful, but they do help me. Of course, I have to watch them more than one time
  • #25
  • Aug 20, 2015 2:08am Aug 20, 2015 2:08am
Quoting nolimitz
Thanks, guys! Not sure if I am able to work on my greed or money management I am too greedy I have found good webinars and I am trying to learn through them. Hope it will work
My honest opinion,Work on the greed aspect as well as your money management,Do not aim for over 200 pips per trade and surely any institution/firm/individual without a good money management is likely to head to a failure
  • #26
  • Aug 20, 2015 8:47pm Aug 20, 2015 8:47pm
You can't learn to trade overnight (I wish I could!) no matter how desperate you are.
You can start to learn about the market, and as your knowledge increases, you'll gain an edge, which will help you develop a strategy.
You can start with:

  1. basic money management, %risked, dd risk, etc
  2. support and resistance
  3. price action setups
  4. candlestick action
  5. fundamentals and how they influence the market

Once you've learned all these, you'll be on the right track, and maybe you can start demoing to learn in real time

  • #27
  • Last Post: Aug 23, 2015 2:42pm Aug 23, 2015 2:42pm
i do believe trend spotting especially in higher time frames is get you 90% of the trading job done. like now eurousd is leaning on a sell.so any opportunity of selling you jump on it regardless of what you think or want to think
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