Great posts CP! "Can somebody show me the TL and 123 patterns?" They are there, hidden in the public charts: image source image source image source

Which type of trader are you?

Does your chosen strategy have well defined rules? - If no, write them down. Did you follow all the rules of your strategy? If no, punish yourself. You have to change your mindset: You don't trade to win, you trade to follow your rules. And if you ...

When my mind is on tilt...

The thread title is: "Why Can't I Trade?!" which implied to me that you were looking for advice. However, it seems that you are more interested in proving your (not profitable) trading. This sounds like picking tops / bottoms. Which needs years of ...

Why Can't I Trade?!

Well, if this was a retracement for you then you should have set your SL according to the 4hr trend. On my charts the H4 trend was up and the M15 trend was down. It makes no sense to take the up trend from H4 for direction and then enter a long ...

Why Can't I Trade?!

Wow, ten pages later you are still arguing semantics about leverage. Now, what about if I bought 1 Lot NZDJPY whit that $1000 deposit in my account, how come the broker is depositing interest into my account? How come I can loan money and even get ...

I've figured out why so many people lose money in Forex

Hypothetically, I could marry Janet Yellen.

I've figured out why so many people lose money in Forex

Exactly! That's why I 'lost' only a relative small amount when two of my brokers went belly up after the SNB thingy.

I've figured out why so many people lose money in Forex

My vote goes to Rebel Bingo.. image

I've figured out why so many people lose money in Forex

FatFortunes isn't really wrong. There is more than one definition of leverage. Well, yes, the broker is offering you the 100:1 leverage. However, if you have $100,000 in your brokerage account and trade 1 lot you are not using any of the offered ...

I've figured out why so many people lose money in Forex

Discussing something similar: url

I've figured out why so many people lose money in Forex

I can only guess here: An average win of 52 pips per winning trade looks like mostly intraday trading to me.

I've figured out why so many people lose money in Forex

Well, you can only close a trade in the green if you had the direction right - according to the rules of your own system. (Yes, I know, some people will accept a huge drawdown just to prove that they were right and to close the trade in the end in ...

I've figured out why so many people lose money in Forex

Honestly, you don't know for certain. Watching charts for a long time helps. Trading is not a science, nothing works all the time. That's why you use a trading plan with money management, risk management, etc. Not trying to be a d!ck here, but this ...

I've figured out why so many people lose money in Forex

Well, he was talking about ticks not bars. If I see a trend it usually has way more bars in the direction of the trend. We would now need to exactly define a 'trend' so that we can count bars and gather stats.. but I'm not into that. However, you ...

I've figured out why so many people lose money in Forex

Well, I'm not really interested in ticks. However, in a (short-term) trend you have a higher probability that the next tick will be in the direction of the trend than against the trend. So, it would not be flipping a fair coin. Whether we (retail ...

I've figured out why so many people lose money in Forex

In summary: You are just trolling. How can you even compare trading to roulette or coin flipping?

I've figured out why so many people lose money in Forex

Very well said palabara!

I've figured out why so many people lose money in Forex

I would try to make your trading more boring. So, as you are trading on weekly TF just execute your trades on a defined hour every Sunday evening. After that your trading is done for a week. No more reading, no more learning, no forums, no trading ...

huge trading addiction - help!

Could you elaborate on this? What do you think is better with stock trading?

I've figured out why so many people lose money in Forex

Really? image

I've figured out why so many people lose money in Forex