The reason most traders fail is because they don't see it through the 5 or more years necessary to get profitable.

Why 95% Of All Traders Fail

Don't quit your job until you can triple a demo account, and then the same with a small live account. It's amazing how needing to make money from trading will affect your psychology.

Fail Better

Cable 4hr — I really like this thread. Very similar to how I trade. Cable anyone? url

Fail Better

Cable 1hr — Cable pivot and how I think we'll get there. Hope you don't mind me adding my Seiden style levels, Tom.

Fail Better

Got as far as 30 pips and retraced to b/e. Guess I'm one of those b/e guys!

Fail Better

Captivated by this thread, so I thought I'd post one on aussie...

Fail Better

It bounced at another flip zone. See chart attached...

Fail Better

Agree Shanto, we should analyse past trades. But if we find that everything was correct when the trade was entered, and it just failed for no reason, so be it.

Fail Better

It just didn't work. Treat losers equally to winners.

Fail Better

Thanks for a very interesting thread Tom. I've been through most of it now, some of the stuff I know and some of it a revelation. Couldn't help noticing the SFP you describe, it's actually a 2 bar reversal first coined by Vic Sperandeo. Suri ...

Fail Better

The ladder/one touch binaries on IGIndex (in the UK) are priced so that the trades with good risk/reward are well outside the daily range of a currency pair. In other words, the odds are that price won't get there by the end of the day. I've also ...

Should I throw in the towel after being in the negative for 10 years?

And that my friend is your problem. You're not willing to cut the losers quickly. Do yourself a favour and cut out the binaries/options. IG binaries are a mugs game. They are priced with probability against you.

Should I throw in the towel after being in the negative for 10 years?

Tell us what country it is. I'm packing my bags! signed Fed-up of UK.

Trade Transaction Tax - The Death Of All Us!

No. One carefully considered trade is better than 10.

What is best strategy to make $100 Daily?

London. I wouldnt swap my timezone for anything!

Where Are You Now??

You are talking about the market makers. They provide liquidity to the markets, buying and selling at the same time, and providing us with what we see as the spread. Then there are the sales traders who just pass through clients orders and take a ...

how the big guys trade in forex?

Yep, exactly the 61.8 fib. Wonder if we'll push down now to re-test the trendline we broke out of this week.

Jacko's Forex House of Pleasure and Pain

Just wanted to say thank you to Wayne for providing an excellent mentoring and signal service. And a great sense of humour too! Really glad to see James16 posting on the forums again too

Jacko's Forex House of Pleasure and Pain

Excellent post Aaron, thanks for that article. I can even draw support and resistance levels on that frustrated heartbeat chart

Silent Service Method