You might say why move to the higher timeframes? Because those 80 pip moves that you enjoy on the smaller timeframes can be 300 pip moves in the higher timeframes. I don't hate on folks who trade on the higher timeframes at all....more power to ...

If I knew then what I know now

It's called evolution!! You never stop learning as a trader. You should always seek out new strategies and ideas. I have a really good handle on the smaller timeframes. I have yet to translate those techniques to the larger timeframe.....mainly ...

If I knew then what I know now

People kill me about not being "glued" to a screen all day. I am not ashamed to to say that I am glued to a screen during the day because trading fascinates me. I actually enjoy watching price action like other folks like studying a football game or ...

If I knew then what I know now

He seems to be a good analyst....but I would like him to come play with the big boys and make real trades and do it for a living. I can make a thousand bold predictions when I don't have any money on the line. But again, he seems to be a good ...

Ashraf Laidi "calls"

As I have always said....the folks that trade using TA are simply treating the market like a mathematical formula. You give a tech savvy guy a chart and he immediately tries to derive a "formula" for the price action. If you forget about TA and ...

Charts, time frames and indicators! Oh My!

I never advocated using the stock market as a means for retirement savings and so. All I'm saying is that the stock market is generally considered an investment vehicle. In other words, if you "invest" $100 per month in Ford stock, your "investment" ...

Got into a discussion with someone, he says forex is inherently a losing game

The bottom line is that FOREX is a market set aside for pure speculation. The stock market is an investment vehicle. Two different objectives!!

Got into a discussion with someone, he says forex is inherently a losing game

I wish someone would take the time to correlate losing percentage with years of trading experience. Lord knows I was completely clueless when I started trading forex. It is frightening how much I didn't know. It took me almost three years to become ...

95% losers - Fact or Fiction?

There is an old saying that goes "Teachers don't trade and traders don't teach." ...nuff said!! I have seen some of the trade recommendations by some of these "experts" in twitter rooms and I often wonder what makes them so great. Also, the ...

Superstar Analysts - are these people making money?

The only way that you can have an "edge" is if you take an unorthodox view of the markets.

A trader's edge - myth or reality?

Trendlines require more skill to see than most people think. They can be somewhat distorted at times.

Behind Trendlines

Rather than trying to fade a system; I would focus on learning how to trade.

Turning a negative into a Positive...

There is a ribbon of intelligence that flows throughout the FX market. You cannot find it through traditional means such as indicators and trading systems. It takes a tremendous amount of hard work to uncover that ribbon. Why would a broken offer ...

Stop fooling yourself; There is no system

My concern is that a higher margin requirement will drive away thousands of market participants (liquidity). The more experienced traders will now have fewer newbie traders to trade against. This is not a good thing.

Help To Stop 10:1 Leverage

There are a kazillion other low risk ways to enter a FX trade; IMHO, this style of trading at the open is best suited for the equities markets.

Limit order during market close.

I would almost bet that an 80/20 rule is imbedded in this thing somehow. 80% of a person's profits can be made 20% of the time when the market is trending. The other 80% of the time when market is rangebound is when most traders fail.

do markets trend more then range?

Now let's assume that we buy at 1.5000. But in reality we pay 1.5002. (NOTE: the spread) Now let's dream that our tp is hit at 1.5032. Then we buy instantly after out tp is hit at 1.5032. But in reality we pay now 1.5034. (NOTE: the spread) etc. ...

The Reason why 95% Traders fail

One of the biggest revelations I ever had about trading the FOREX market is that you absolutely cannot trade it every hour of every day. If you are patient and pick your spots, you can have great success. When the forex market moves decisively up or ...

How my Trading took BIG turn...

Finally......somebody gets it!!! The only purpose for trading systems is to make money off of the unsuspecting public and for those who would prefer to let some silly algorithm to justify them pulling the trigger. If they have a bad trade they can ...

How my Trading took BIG turn...

Excellent topic. There are so many different variables when it comes to the FOREX market that it takes a few years to get consistently profitable. There are dozens of ways to view the market when it is trending up, trending down, or trending ...

How long to be profitable?