There will always be exceptions to the rule. I don't want to get into an argument but I did say: Most successful traders and big investment Banks do not scalp

The Reason why 95% Traders fail

yes, but i am in jackos private group so i also follow the logic of all his trades. The basic outline is exactly that. It is the BASIC outline. But he is an extraordinary trader. He has been profitable all through his trading which we see before he ...

How my Trading took BIG turn...

I don't have a journal or thread here. Jackos basic outline is here. (He explains his system much more detailed in his private blog, using trades as his tools for his explanations.) . I don't want to speak for Jacko but i don't think that he sees ...

How my Trading took BIG turn...

Err, yes they do. You are trying to impose pure mathematical theory on trading. It will never be a pure mathematical equation. I don't want to speak for Jacko, but his analysis of the probability of the trade setup working is based in two strong ...

The Reason why 95% Traders fail

Let me try to be more concise. How can you calculate trading probabilities or , as Turveyd said, the probability of the trade setup working which is basically what everyone is trying to do wether they understand it or not ? The same as any other ...

The Reason why 95% Traders fail

I am trading the same way, but i had never thought about using the MA to show that a price is overpriced or undervalued. An interesting idea to think about.

Newbie Traders: Trading Advice from Someone With Balls

How can you calculate trading probabilities? The same as any other probability calculation. Back test and use the results to give a result, with an appropriate statistical margin for error. I believe that it is one of the main reasons for Jackos ...

The Reason why 95% Traders fail

I agree with you Hanover. One point that I have learned from being in Jacko's group is the % rates that certain price movements will react. I have not seen any discussion of it anywhere else, including on FF. Jacko has the percentages of how often a ...

The Reason why 95% Traders fail

One point that I have learned is to get rid of the indicators. They are all history and are not predictors.

How my Trading took BIG turn...

Good anwer. This is obvious, but most scalpers will disagree with you. I gave up on scalping very early in my trading.

The Reason why 95% Traders fail

I would disagree with this. Most successful traders and big investment Banks do not scalp.

The Reason why 95% Traders fail

Welcome back SP. You were missed when you had your three months of off time. What did you learn in the time and why did you decide to return?

james16 Chart Thread

A good post

The Reason why 95% Traders fail

Why would a professional trader take money from their students? A good question. To stroke the ego? probably yes. But I think the top reason would be to make sure that only serious people joined. The worst thing for a mentor is to have a dickhead ...

Newbie Traders: Trading Advice from Someone With Balls

I don't know the woman but why would you be pissed if she had some analysis that was wrong. Are you trading on her trading ideas?

Mizuho Corporate Bank senior analyst Nicole Elliot on a loosing streak

i am ready for 1.47

Jacko's Forex House of Pleasure and Pain

The beauty of a service career - Guaranteed to be unemployed by 40 as younger and cheaper meat come into the daily grind Never quite making the leadership position by 2020 and then having young 20 year olds telling you that you have no future in the ...

Isnt a service career more satisfying then trading?

Bullshit. Its never too late. Get away from your hourly charts and forums and go and get your family back. Or is the fine tuning on the hourly charts that much more important to you?

A Cautionary Tale

Interceptor This is good stuff from Chocol8Elvis. Move to trading on the Daily timeframes and you will have a much better balanced lifestyle. NOW GO AND GET YOUR FAMILY BACK!

A Cautionary Tale