Wow, The last time I posted on this board concerning MAs was 7/31/10. At the time, I THOUGHT I knew just about all there was to know about MAs. On 4/22/11, I had a quantam leap in my understanding of MAs; which goes to show that you never stop ...

Why Moving Average?

Anybody who attempts trading FX for the first time will probably be brutalized for five years like I was.....especially if you don't have a mentor. After that it is easy...because after 5 years of intense study you "know" what works and you know ...

The XXX Alure Of The Trading Reality

99% of new "traders" entering the game of trading are programmed to "not take a loss" which always leads to failure. This is human nature/culture....where you play to "win"....99% of most people are not raised to take a "good loss"? It takes years ...

Are Traders Programmed to Fail?

Trading FX is so much more complex than just fibs alone. Fibs are just 1 of dozens of tools that you can use to assess the market. Fibs are fine.....until a novice trader starts to believe they are the cure all to every situation.

Why Fibonacci Retracements are Bullocks

That "cut your losses short" philosophy messed me up for years when I started trading FX. The notion of "letting your winners run" takes years to master....I am still working on that one.

Forex Myths

MAs can only be appreciated after you have put in thousands of hours of screen time. Just hard work!!

Debate on technical tools

My most indispensable technical tool is definitely the moving averages. It takes years to learn how to trade with them profitably. There are dozens of nuances that are not readily obvious from just looking at a moving average. If you oversimplify ...

Debate on technical tools

You sorta have two choices: 1. Spend 5 years and $15,000 learning how to trade "your way" or 2. Spend 2 years and $15,000 paying someone to teach you "their way" of trading. If you are into research, and are looking for the next quantum leap in how ...

How much are you ready to pay for Forex Stuff?

I have come to understand how the market constantly entices you to act on your most basic, raw primal instincts. Only discipline, experience, and a well defined trading system can override those instincts.....that is enlightenment!!

trading and spiritual journey...

Very well said.....the market will appear to be constant if you use the same perspective each time. The amplitude can be different at times.....but it is all relative. P.S. - If Nubcake is truly focused on the 1M timeframe, it would be wise to ...

That feeling you get...

It'll be five years for me in March 2012. I spent the first 3.5 years literally going in the wrong direction. It was painful to make the necessary changes to turn things around because I was taken out of my comfort zone. A thorough understanding of ...

That feeling you get...

[QUOTE Yes thats true indeed. Money mangment is definitelly one of the key component but without an edge it becomes useless. [/QUOTE] I totally agree.....ya gotta have both. 99% of most traders are not born with a keen sense of proper money ...

Where is the EDGE in trading? The most important thing in trading!

Good stuff....!!! I would go crazy if I only traded 3 pairs....I admire you for that level of discipline. I trade about 16 different pairs.....I have found that every currency pair acts pretty much the same from a technical standpoint. I would trade ...

Where is the EDGE in trading? The most important thing in trading!

Given that most folks consider their system of trading "priceless"; it amazes me how willing some traders are to fork out $3000 for a course they barely know anything about. Amazingly, I bet there are people taking courses somewhere who probably ...

How much are you ready to pay for Forex Stuff?

[QUOTE unquantifiable. i believe they'll say "it's priceless".[/QUOTE] Yes....I would like to one day partner up with someone, but I don't have a clear idea of what I would charge to forge a partnership. I would also say that it is priceless which ...

How much are you ready to pay for Forex Stuff?

lol.....I hear you loud and clear!!!!!!!!!!!!!!!!

How much are you ready to pay for Forex Stuff?

I would like to know how much the successful traders out there would sell their system for. How much is your years of knowledge worth?

How much are you ready to pay for Forex Stuff?

A holy grail system IMHO, is a system that gets you in at the very top/bottom and out at the very bottom/top every single time..................NOBODY will ever develop such a system.....it does not exist. However, there is a correct way to trade ...

How much are you ready to pay for Forex Stuff?

You hit the nail on the head......"I would today be willing to pay $xx thousand for the RIGHT trainer/access/analyst for the info I seek". The operative word is RIGHT because there is no way to verify whether or not the trainer you choose is ...

How much are you ready to pay for Forex Stuff?

In the age of the internet, you can learn just about anything you want to know about Forex. I wouldn't pay a dime to anyone.

How much are you ready to pay for Forex Stuff?