That is certainly a powerful statement, not something I see everyday. May fortune follow you on your path to success, to the point that you won't even require it anymore.

Why do most traders think that they will become profitable?

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Why do most traders think that they will become profitable?

And most importantly, why and how are you different from the losers? Don't you have the same understanding of what you call technical analysis ? Don't you make the same excuses? Isn't your comfort zone in sticking to people with the exact same intel ...

Why do most traders think that they will become profitable?

CrucialPoint is a genius who shared some of the most valuable things I saw In my life. I believe that he shared everything one needs to jump in to the 5%. I have no idea how someone could talk trash about him.

Extracted Thread (per thread starter's request)

The Short Term Delta got me thinking of alternative ways to divide the forex day in to 4 parts, and looking back at your link I saw an easy way to do that. 00:00 [I] / 06:00 [II]/ 12:00 [III]/ 18:00 [IV]/ 24:00 [I] Upon carrying out some more ...

(binned per thread starter’s request) Forex Specific Time Cycles

Another important things I learned from Forex Factory : 1) That if I one day will decide to sell trading systems (if I get too tired of blowing live accounts), I must do my best to humiliate anyone who asks for a simple proof of the trading system`s ...

(binned per thread starter’s request) What have you learnt since

That in order to beat guys from wall street as a retail trader, and not loose all it takes from me is to have a good psychology, a guru mentor, and a minimum of 5 indicators on the chart (it`s an advantage if you can`t see the current price because ...

(binned per thread starter’s request) What have you learnt since

But there are trends visible in random coin toss generated charts :O In my opinion to identify the trend correctly, we must simply understand which side of the scale is biased. For example in the following 3rd chart (more in the libk below) you see ...

Trend Trading

Yeah) He already gave me a starting point for my research a few hours after this post.

Planetary Cycles Trading (EUR/USD)

INCOMING!!!1!1!11

Wanna know why a majority of traders lose?

I suspect the following based on the beginning of this thread: this thread would probably have the same outcome as the "5 years and no strategy" thread. As in there will be 100+ pages of comedy made out of arguments. Just wait till the list of ...

Wanna know why a majority of traders lose?

I'm a parasitic trader. Smart money stop hunts in order to get liquidity. As a retail trader I must follow smart money. To do that I trade breakouts of the ressistance in bullish trends. And breakouts of the support in bearish trends. Why ? The weak ...

Do you believe brokers hunt your stoploss

To add on to that, I've read somewhere a wonderful defenition of a good trade vs a bad trade. Good trades : 1) Taken according to the plan - result loss 2) Taken according to the plan - result profit Bad trades : 1) Taken not according to the plan - ...

Wanna know why a majority of traders lose?

P.s. did you guys seriously start a boomers generation v.s. generation x war ?

Wanna know why a majority of traders lose?

Im a lover of sushi. For example first I could gamble whether I could get 7 sushi or 25. I would choose to secure myself 7 sushi. With my 7 sushis already secured which would be enough for me already. If I was given an opportunity to gamble none ...

What would you do - Sweet possibility v.s. Bitter certainty?

On the second thought though. I wouldn't gamble 200$ for 100$ . However when it comes to pips, I am a strong believer of letting my profits run. As long as my loses are minimised and secured, I would let the price just do what it will.

What would you do - Sweet possibility v.s. Bitter certainty?

In this scenario (I would do the same, since risk aversion is essential to me) the outcome would be a guaranteed break even. In a gambling scenario though, the best outcome is a profit of 200 pips. And the worst is a loss of 200 pips.

What would you do - Sweet possibility v.s. Bitter certainty?

Problem: Lack of consistency in identifying the correct trend. I've understood that in order to be profitable, my average loses must be outweighed by my average profits. The only way I could achieve that is by being a trend follower. I don't know ...

Post your Trading Mistake and How you overcame it

Problem : In my pursue to achieve the maximum consistent forecast of the price direction, I ended up complicating things to the point that I've first went through all kinds of exotic indicators, than through all kinds of esoteric methodologies. ...

Post your Trading Mistake and How you overcame it