'Learn how to use/make trend lines' That is important. But if you use them more or less the same/similar way as most other retail traders, you will still struggle in the long run. I learn this the hard way. 'Learn Order blocks/Order Flows' I think ...

New To Forex and Need Advice!

Trading might be one of the toughest ways to make money, if one can't get consistency. A person with millions can consider letting good traders fund manage his accounts if he isn't a consistent trader, and still get very good return, with slightly ...

$1,000,000 Traders!

'your question seem too simplistic' I don't know what to say about that. The thread and the first post was made 5 years ago when I was still a learning trader. But I will not even be concerned with the topic at all, as of currently. It's not the R:R ...

What is your risk reward ratio?

'3-5 trades per day during EU session' '50% accuracy at 1:2 ratio.' 3-5 trades are quite a lot of trades for a session. It feels like a hybrid of scalping and intraday trading, range bound strategy on lower time frame (1 min to 30 min charts as main ...

5 years and still no strategy

how do you applied these indicator to you chart? You have to figure it out yourself. I did the same - it's a long, painful seemingly 'endless' process of trials and errors. If you can't figure this area out, then clearly you are not cut out to be a ...

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

'It depends on the person, I think. Some people are just genuinely generous and want to help others. They are few and far between, but they do exist.' Winning systems are worth A LOT (of money) initially before they are revealed to people. But lose ...

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

Most traders (usually retail) are not good enough to make consistent profit from the market. You will have difficulty finding a retail trader with a record of years of consistent profit, verified with P&L. They might exist but they are really rare. ...

95% failure rate?

'As long as you keep entering trades in the market direction(and have enough money) you can't lose.' That is one of the worst trading ideas of all time. It is possible in the direction of the main trend, where the market make major retracement of ...

Martingale EA. Almost can't lose!

'Has anyone tried to monitor a really bad trader here and do the exact opposite of what they do? Just curious.' You don't seem to understand a lot about trading. Common habits of bad traders... 1. Letting losing positions run into big losses and end ...

Following bad traders as a strategy

1. Use Simple Method, 2. Use fix Lot Size, Never increase or decrease it. Same with TP SL 3. Use 5% capital at a time 4. Never Over confidence 5. Limited Trading : Set time for trade, never trade anytime 6. Forgot Sentiment 7. Satisfied with 65% ...

Forex - Tips for happy trading

What do you mean by best way? Fastest way? 'Safest' way? Least time consuming way? What exactly do you mean by from scratch? You mean small account?

Best way to grow an account from "scratch''

I would like to add something to what I said... The more losses a trader allows himself to take in his trading, be it by choice or forced, small or big, the higher the risk-reward ratio of the trading system needs to be in order to get net profit in ...

Discretionary Trading - Take Your Trading To The Next Level

'What 90% is doing, just doesn't work. Also if they would do the opposite, that wouldn't work either.' A: Correct. Because most setups don't have a high win rate. i.e. typically 30-60% success rate in the market. Except for scalping, which isn't ...

Discretionary Trading - Take Your Trading To The Next Level

'I still disagree because in my experience, you must take every signal' A: Must take? Please... such a common idea from trading books/sites, every trader who has some basic trading knowledge knows about the idea to trade every setup. The issue is: ...

Discretionary Trading - Take Your Trading To The Next Level

It is very annoying when people make vague statements/questions like that. Trend is a very complicated and subjective concept, how could you not know that as a trader? There are uptrends and downtrends at any given time in every time frame chart of ...

Discretionary Trading - Take Your Trading To The Next Level

No problem with clicking the trade button to long or short. It's more of a concern about reducing losses that can be reduced. The question is, does the trader really have an edge or did he merely 'believe' he has an edge? If a trader has been ...

Discretionary Trading - Take Your Trading To The Next Level

What you mean by an edge? The trader himself or the system, or both? Again, same as first reply. Geez... Are you actually implying discretionary traders are gamblers?? Gambler's fallacy: if something happens more frequently than normal during some ...

Discretionary Trading - Take Your Trading To The Next Level