Well I think that planning for such a thing like forex trading is a bit difficult because the process to become a trader is pretty complex learning process. I assume that you are a novice trader. I think that some of the key points are to find a ...

What works?

Very interesting point of view. A record of transactions in the market. Would be nice if you could describe your way of thinking in a bit more detailed way and what it does to you. To constantly analyse and evaluate your charts and thoughts. I think ...

What works?

Yes it does. And there may be some wisdom behind this fundamental fact. The way I see this is that as a trader you should be looking for the points where you can buy when you can get it on a good price. To buy low and sell high. Its a good way of ...

What works?

This works for me — After every trading day I mark down to the charts the best setups there were and compare them to the ones I actually took. This comparation I have found to be a great way of developing both my patience and my skills to ...

What works?

Great post. A lot of wisdom. Gives direction where to aim. AND also a way to assess the strengths and weaknessess of any system! Well h*ll, I might just write the book

What works?

Good book. I try to visualise my setups & trade management at least twice a day. It works pretty good for me.

What works?

I agree. How do you see the system vs. trader issue? Many systems are not described in a detailed manner and take some effort to learn. If one cant separate which one is producing the errors the system or the trader, it gets complicated to evaluate ...

What works?

Great points. This gets complicated, but I think most of us know it is already

What works?

Wow. Great post Helped me to realise that the path for a trader at a general level looks much the same as in any skills development. Looks like you have to find your niche like a field of research in the academic world or to find your ...

What works?

This is also a good way to keep the big picture in mind and have a confidency to your system while trading, which can be hard sometimes especially after losses.

What works?

Great list of important issues, but can be easier said than done for many I think that one of the key issues in accepting points 1&2 is to try to accept the fact that we all are insufficient as traders every day (we are not EAs) and make mistakes ...

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Thanks man. Good insight. Zappa is great. Im nowadays more into a brasilian style like Joao Bosco, Celso Fonseca, etc. I think you just gave a solid detailed instruction to researhing behaviour of the pairs one trades. Really good point to consider ...

What works?

Great list. I have also read trading in the zone. If I remember correctly these are from the book. In order to apply these to a part of ones everyday routines, I think that they should be described in a little more practical manner, because as such ...

What works?

I think this is a valuable piece of advice. I see it also as a kind of a training method for discipline. If you decide with yourself that you have to wait for these confirmations before entering a trade, it builds discipline and gives a solid ground ...

What works?

Really good points and valuable pieces of wisdom. What would you suggest that one should do in order to achieve a mindset to get there and why do you see these as important steps in becoming a better trader? What is the way develop the system and ...

What works?

Daily analysis — Ok. Here is one, which I have found to work for me. After each trading day I answer to the questions presented in the attached excel file and wrote the stuff that it rises down into my trading journal, which I read through ...

What works?

If you have to choose maybe take the one that suits better to your personality and feels more comfortable to trade. If you like it fast, take several smaller and if slow, then just one but a big one may be enough for you..... Or if you usually like ...

1 trade with big SL OR reenter market several times with smaller SL?

You should check out the context where the candle lies. If there is a huge candle on trending markets it can predict buying/selling climax and a potential reversal coming soon. In ranging markets you can find large candles near SR levels or previous ...

Momentum/Elephant Bars

I think also that as such wicks dont represent anything more than a kind of a trading range where bulls and the bears are somewhat balanced (depending how candle looks like). There are wicks, dojis, hammers, etc on every chart all over the place ...

What do Candlestick Wicks Represent?