Speculation is the proper term.

10,000 hours to greatness and the Mastery Asymptote

Jesse Livermore was a very talented trader. Unfortunately, he chose to approach trading with a gambler's mentality, with zero regard for risk management.

Emotion - the biggest weakness of the trader

1. Widespread false/misleading information/myths. 2. False beliefs/mentality about trading/market. 3. Unhealthy focus on money making. 4. Lack of capital. Any strategy that is popular/widely available through media/press/internet/books and widely ...

Never Go Against the Trend?

Definition from Investopedia 'Technical analysis is a trading tool employed to evaluate securities and attempt to forecast their future movement by analyzing statistics gathered from trading activity, such as price movement and volume.' Where did ...

Never Go Against the Trend?

It's a big 'IF' Most traders get account rekt forever. That's why I mentioned it's never a great way to make money. It's not a joke that forex trading is classified as a high risk investment.

Can YOU make money as a trader?

Precisely. It is alright to get into trading. It is the motives behind trading that get people into trouble. Just forget all about the money. And simply trade properly. If you do well, you get paid. If you don't do well, you take small losses and ...

Can YOU make money as a trader?

Trending markets can be easily identified. The problem with trend following strategies is by the time you have identified a strong trending market, is it already too late to jump into it? It might be too late because you didn't get in during the ...

Never Go Against the Trend?

Good market entry is about market timing, not about following some beliefs that fail half of the time.

Never Go Against the Trend?

A lot of traders didn't realise trading is one of the worst ways to make money.

Can YOU make money as a trader?

Playing chess is not a good way to train youself to trade well Chess Possibilities in chess positions/variations though numerous, are definite and logical in nature. Possibilities/variations, regardless of the level of complication of any given ...

Does being a Good Chess Player make you a better FX Trader

If you are not a CPT, the probability of making back money one lost from trading = Close to 0%

Lost $4.2k in 1 week

Overly focused on making profits + Fear of losing money = Losing Trader

What makes You lose in the market?

Well done! That is like a 87 pips move, as of now.

EURUSD

Seems reasonable. Where do you think is the lowest price level it can get to?

EURUSD

I have a related question. Why do most retail traders opt for day trading/scalping instead of swing trading?

Day trading Vs Longer term holding FX

Day Trading - You get more opportunity to trade - a nicer way of putting 'overtrading' - You take more risk and assume a higher chance of taking losses - Risk more capital - Pay more commission/spread - Mediocre profit targets - Optimal stop loss ...

Day trading Vs Longer term holding FX

The only type of people who add redoktober to ignored are scammers.

Free forex signal. 95% accuracy.

Trading technique: Retest Trading EUR/USD Date: 2017.08.11 Time: 2100 (SGT) 1. Price hits strong, fresh level at 1.1834 on the daily chart, after a huge rally from 1.1750s level. (Image 3) The first price movement from a strong level, even if you ...

Astral Trading Chronicle

It's not uncommon to see people marketing themselves better than what they really are. His intention is to attract more audience/customers? If his signals are decent enough to give consistent monthly profit and not blow accounts up, that is good ...

Free forex signal. 95% accuracy.

I have never like the ideas of any ultra high risk system. I think any serious trader should drop the idea of doubling accounts with a single set of trades. The guy in the video used a whopping 8 lots on a 4K account to achieve his goals, implying ...

Double Your Account in a Day Strategy