Sorry, I forgot to address your question of the best time frame to use. There is no definite answer to this, but imo you must consider the following: 1. If you are trying to trade a market that remains essentially flat you will not be likely to make ...

Help! What is the actual holy grail in forex? I'm tired of losing

Focus on Fib levels first. Learn to trade from a Fib retrace level to a Fib extension level. Recognise candlestick reversal patterns. Ignore all indicators, at least initially and whatever you do don't get caught up in spending years trying to ...

Help! What is the actual holy grail in forex? I'm tired of losing

Whew, this is quite a topic! Forex vs stocks - 2 markets with many similarities and differences. 1. Is stock trading really not a zero sum game? Consider that all companies will eventually die and their stocks will be worth zero. The name of the ...

Why the stock market is the easiest market to trade

This a great post. Just one question...how do you determine your risk/reward ratio before entering a trade without predicting the future price?

Which Trading System Or Strategy Is The Most Profitable?

As long as he has practised his technique on a simulator I guess everything will be ok )

How many people are actually making money rather than losing?

Those are highly esteemed researchers!

How many people are actually making money rather than losing?

LMAO! You make me laugh, dude. I can recommend an excellent library near you in Alexandria. I am sure that you can still find some of the stuff Alexander the Great left there

How many people are actually making money rather than losing?

Do you seriously expect me to spoon feed you? Sorry, not going to happen. Google has been invented.

How many people are actually making money rather than losing?

Sorry, I disagree. Simulation is not real life. There is no "fear factor". There are no consequences for being wrong. Would you really let a brain surgeon operate on you if he tells you he has never done the op before in real life but not to worry ...

How many people are actually making money rather than losing?

A very long list of researchers. Just for starters: Louis Bachelier, Karl Bock, Burton Malkiel.

How many people are actually making money rather than losing?

I think I read somewhere that you had not traded yet. If I am correct then please do trade with real money because until you do it with real money you aren't feeling the complete trading experience. Your posts are purely academic. It's like trying ...

How many people are actually making money rather than losing?

Is it really order, or are we being fooled by randomness?

How many people are actually making money rather than losing?

I do not know your trading style or the time period that you use but perhaps the following could explain your problem. Day trading is a "loser's game" - not a game played by losers but a game where you will make so many mistakes that eventually you ...

How many people are actually making money rather than losing?

A major consideration that adds large volatility to the forex markets is breaking news. imo this is more influential than trading at a set time of day because a market opens or closes. Look at the impact of FOMC announcements, unemployment stats, ...

What is the best time for trading?!

All OK nsn14. The challenge, and what takes time, is to try this and try that and back test and live test (with real money) and read and carry on and repeat until you either find something that suits you or you lose and give up. Forex trading is ...

Which Trading System Or Strategy Is The Most Profitable?

nsn14 vox dei has answered you questions very competently except for your query about the blue trend line I showed in my chart. I drew in that trend line and will extend it each week on my weekly chart. When the weekly price closes below that trend ...

Which Trading System Or Strategy Is The Most Profitable?

Yes I am a battle-scarred veteran of the trading trenches. Started in 1990 by learning TA. Suckered in by the appearance of how simple it would be with just a moving average. Became an obsession. Been searching for an answer as to how to trade ever ...

Which Trading System Or Strategy Is The Most Profitable?

Here is the AUDUSD COT chart as it was last week The blue line is the weekly trend line - I try to make it as steep as possible. Exit when a weekly candle closes below the trend line in an uptrend or above the weekly candle in a downtrend. Enter ...

Which Trading System Or Strategy Is The Most Profitable?

1. Yes I have found day trading to be dangerous. Too many news announcements, amongst other things. 2. Price patterns are subjective because we can each see different things on charts. Who is right? Anyone or nobody? Was a move that appears on a ...

Which Trading System Or Strategy Is The Most Profitable?

You are free to disagree with my comments on TA which I gained from 20 years experience trying to use it. I also did a lot of research on the method for a post grad paper. I take no offence from your difference of opinion. If TA works for you in ...

To be the best