"The Logical Trader." Newbies, ask your questions here

The prices can be a little different but the overall trend should be the same, don't you think?And what if I'm following some trading signals or some other trader's buy and sell calls. Wouldn't it blow my account in this situation?

There is no consensus on what constitutes a trend. You can quantitatively define a trend, but accepting such a definition is still purely subjective.
Following someone else or an unknown blackbox is generally a bad idea. You should trade in a way that makes sense to yourself.

Hi

I am new at forex, and have struggled with it.

What I've found is that my trading strategies aren't too bad. It's just that my execution / attitude can improve.

So often, I have the right strategy, but I just get out too early or close out with a loss in frustration.

Can you guys please share how you guys deal with the mental side? People keep saying forex has a mental side to it, but I would like to see any training material on how to improve on it.

Hello all members. I want to learn forex trading but also i'm interesting in stock trading. Can u advice me materials, books/videos etc. to learn forex to having ability to analyze to foundamental lever ( I don't want to follow scalping and only graphical analysis) and understand broker system good/detail for example how much rake they have, how much money I can trade (what is limits for online trading) , is there cashout problems for countries (I'm from gerorgia) what problems can be pissible with brokers etc. also know how politics , other buisness sectors etc. affects to forex exchange, also does I must having of hope of my analysis what in political, or buisness sectors happened something without knowing me? I mean maybe banks, politics they decide to change currency ("eur vs dollar") secretly and it be "randomly" and goes evrything not like my analysis saying. so I'm interested real materials and places where people puts real information to analyze correctly what happened to currencies. But as I say i'm really interested in stock trading (by actions, oil, gas and etc.) What also u advice me start with demo analyze a little or what?

p.s. thanks a lot

many question. but first maybe this.

what indicator that we must see in short trade and long trade? that help us to know when to in and out?

Always need to focus on risk. Expectation should be realistic. Forex isn't quick rich game. Either need very good technical knowledge or take help from veterans who are consistent over the years even with 3% monthly return.

Anybody know how to get in touch wit forex factory administration ?

Does anyone have system like this?Attachment g

Hello... I would appreciate an answer to my question from anybody. Thanks.

Does anybody trade with the BTMM (Market maker template) by Steve Mauro? I have not been able to get the whole 3 days rise or drop stuff. In the one hour time frame, to me, it means 3 days of rise/fall before forming a peak. But on the 15/30 minutes time frame, does it have to be same? What if I see 3 rise/drop on the 15 minutes timeframe in one day, is this trade valid to be taken or does it have to be 3 days straight also to be valid? Thanks. The videos I have been watching on YouTube to get a clearer explanation has been 3 days or rise/fall. Can Higher highs/lower lows be used as a trade setup for it? Thanks.

Hi I just wanted to know if anyone knows what does SEFC Universal indicator stand for and I mean the Acroynym not the Universal indicator part

re: ACD trading....
why did threads on ACD and The Logical Trader fade away after 2015-2016? Did machine trading alter the premises of ACD, or?
In any event,, I've added a Discord channel for ACD traders to renew contact with each other.

The Logical Trader ACD

Where did all the conversation go on Logical Trader. ACD?