Yes indeed (well i found it funny anyways), but knowing when to cut or let it run is the difference. Cliché? Or else you end up like this.

Higher Edge within a Single Candlestick

Thats because you need to take your backpack off first and stop chasing them all. Put some effort into it bro! Nice seeing you around buddy.

Higher Edge within a Single Candlestick

I guess its like religion (as someone i respect a lot once said as an analogy). Everybody is shouting 'mine is correct, yours is nonsense', yet the common demoninator in religion is 'love one another and love god'. Everybody is shouting 'my method ...

The trend is not your friend...

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5 years and still no strategy

From Kanzler's post thingy at the bottom -> Bulls make money. Bears make money. Pigs get slaughtered. Theres more to it than meets the eye, but overall yes. Also i would state that any given trade is never 50/50, in fact i lean more towards 33/66 ...

5 years and still no strategy

Price goes Up, Down, Sideways* *defined as a move that does not cover costs nor provides sufficient profit potential. video How do you apply this principle to the market to turn the odds in your favour?

5 years and still no strategy

Putting all else on hold (i.e. RM, MM, etc...) any market is a waste of money if you use a hammer to paint a wall, a drill to hit a nail and a paint brush to wire electrics. So it is when trading in all 3 conditions. The outcome is directly ...

5 years and still no strategy

I finally give in. Im going to provide the OP with a practical, simple and elegant solution which will put him on the right path. Patience, Observation, Common sense, Consistency, Discipline, with a 'next...next...moving on..next...next' mindset the ...

5 years and still no strategy

1) Build a 'good' track record (good = dealing with all conditions -> high vol, low vol, fast/low markets, ranging, consolidating, trending,etc...). 2) Setup a professional looking website where the center piece is your - continually growing - track ...

How to make a living with trading?

This is a very important point you brought up, and its what ultimately skews the R:R/W:L of any given approach. Its a balancing act between scaling in - to improve theoretical average - and scaling in - as the move unfolds in your favor. Same for ...

Averaging Down - Is It Really That Bad?

I believe this fits here (Risk Intelligence): video

Most traders fail because of no discipline!

Either ive missed it or i havent seen MAE/MFE brought up?

R:R Fallacy?

Theres many different things that this information can be used for, but defining what it is you are looking for is just as important -> what is the problem/obstacle and how can you solve it. And if it doesnt help, then: ...

Money flows: Trading the strongest / weakest major currency cross

First of all, you need to understand this is all my own view of the market as a whole - it may differ greatly with others observations, maybe even contradict. You can use time - i never said it couldnt be done this way (ive attached a meaningful pic ...

Money flows: Trading the strongest / weakest major currency cross

If you are to measure ticks (price) then ideally measuring price vs price is more appropriate, as opposed to price relative to time. Ticks are not constant both in comparative terms nor in time. Its 'a' form of tracking the influence of crosses ...

Money flows: Trading the strongest / weakest major currency cross

I dont trade with ea, 100% manual. I dont expect anyone to believe me nor look at me for advice -> question everything from everyone, including their intentions. I dont want people to think i have 'the answer', because i dont. I also take huge hits ...

Money flows: Trading the strongest / weakest major currency cross

Another 'suggestion' is using money flows as a means to evaluate what you can control. Nobody knows what is going to happen next - once your trade is executed. There is no crystal ball or magic numbers. Nobody profits - simultaneously - from all the ...

Money flows: Trading the strongest / weakest major currency cross

Trade with trend = Avoid 'chop' /// Trade with chop = Avoid 'trend' Depends on your definition of sideways market, but from a pure 'technical' standpoint it is the degree to which 'candles' overlap each other succesively. This has a delay produced ...

Suggest best indicator to use to avoid side-ways market

Yes this is it essentially. Then you either 'focus on a particular cross' or 'bounce between different crosses'. I tend to focus on one since i scalp a lot and only trade when system triggers. Why? Because if your system cannot filter signals then ...

Money flows: Trading the strongest / weakest major currency cross

When you can profit as a Bull during a bear market. When you can profit as a Bear during a bull market. This has nothing to do with averaging down nor lack of stop loss.

The Big secret to trading success