Here are my views about the BK Forex list of 'trader commandments'. I expect that this will be quite contentious, except possible for regular readers of this thread who already know my views. image 1. Automate all Logic and Execution. Ian F's ...

Institutional Equivalent Education?

Why do the vast majority of Financial Traders fail? - Post Number 4: So how many traders actually implement either of these 'must-do' lists? - Probably fewer than the number of those who don't fail! There are probably other lists that work well for ...

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Why do the vast majority of Financial Traders fail? - Post Number 3: Now we start getting to the more contentious part. My Self Help Group had a small discussion about these different lists of the 10 key things in financial trading from different ...

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Why do the vast majority of Financial Traders fail? - Post Number 2: Most Spot FX traders and Day-Traders of stocks or Futures have been persuaded that trading is the way to easy money with little effort. Many of them are overconfident in their ...

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Why do the vast majority of Financial Traders fail? - What a good, pertinent yet deceptively simple question! And yes, Ray does have something to say on the subject. It would take a very long time to fully answer it and several reasons would be ...

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One of the things that both Lance Beggs (and Ray) teach is that before you trade and during a trade you should always have narrative about the Price Action. Now the way that Lance does it is somewhat less sophisticated than Ray's in that he is ...

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Here is an interesting email from Lance Beggs (of yourtradingcoach) which highlights why it is so very much easier to successfully trade when using Multiple Units than it is just going All-In and then All-Out. ...

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Very few traders are honest with themselves. Logically if they didn't lie then either they would quit or would be super successful. However hard I try to be honest, it is much easier for me to be honest with other traders than with my wife or ...

I'm building a community of honest traders to help everybody!

It is interesting that you guys are ripping off Steve Mauro. While I studied his method for about 2 years and kept feeling I was getting close to understanding it, I had to give up because there were too many situations which could only be correctly ...

Steve Mauro MMM beat the market

Hi David, A public forum like ForexFactory is not the right place to discuss the details of Ray's teachings - otherwise it will be giving away more than Ray would tolerate. Any current or past student of a full course (not just the 3 day taster in ...

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For those who are unwilling to scroll back in the thread, here is where you can find various recordings of Ray's free webinars plus some snippets from his 'Focus sessions' , diagrams etc. It even has some of my stuff in there. Well worth looking to ...

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I had some follow-up messages from that guy M***** who was asking about a cheaper way to get Ray's education: m********* RE: Ray and Compassfx Jan 20, 2019 8:17pm Hi Ian, really appreciate your honest answer thanks. It's not the money per se. It's ...

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Writing this thread means that I get asked some questions by potential students of the markets. Here is the latest one: To: ianf0ster | From: m**** | Sent: Jan 19, 2019 9:34pm ...

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This week, Boris Schlossberg is going on about 'trading robots' again. While I am in favour of automation for some of the trade management tasks , setting initial Profit Take levels, initial Stop Loss levels, moving to Break Even at a certain point ...

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An email from Lance Beggs of Your Trading Coach stating the obvious (but often ignored). [Note that the trades marked in his charts are HIS style of trading - not mine or Ray's! My comment in Blue] ...

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Latest email from Boris Schlossberg of BK Forex (with which I partially agree): My comment in Blue ******************************************************************************************************************** Dear Ian WillPower is Bulls-t ...

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Well at least 2 people like my post (above) about the flask-crash. One person clicked the like button and I had the following Skype conversation with another person: A........: Hello Ian Thank for the explanation about the yesterday crash on ...

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The usual uneducated, ill-informed comments on the overnight (for GMT) 'Flash-Crash'. I have just been looking user comments here in ForexFactory, reminding me about how many opinionated people there are who are at the same time almost completely ...

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The latest email from Boris Schlossberg is below. Although I agree with most of what he says, I feel he is rather harsh on 'Passive Investing', because to my mind there is nothing wrong with passive investment for the long term - and by long term I ...

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Another piece from Lance Beggs: ************************************************************************************* Hi Traders, Today's discussion... Why any particular trade idea didn't play out, is not important. What is important is recognising ...

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