So did pretty much everyone interviewed in Market Wizards. I think we can assume that trading profitably is a given

We were fools to believe candlesticks can predict

Just getting some clarity on the "Mark Douglas isn't a profitable trader and now teaches instead" thing.

After years in trading, do you still believe in get-rich-fast BS?

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After years in trading, do you still believe in get-rich-fast BS?

url

After years in trading, do you still believe in get-rich-fast BS?

As long as I'm right and anyone who disagrees with me is wrong that's fine. Otherwise I will argue to the death...

We were fools to believe candlesticks can predict

Is there any proof anywhere of Mark Douglas' trading performance? The closest I can find is here: url Is this a misrepresentation?

We were fools to believe candlesticks can predict

I'm just messing around You're probably right about the prediction thing for most people. Not everyone though, Mark Douglas is proof of that. My focus is not to get caught up in trying to predict and accept 100% that an edge is nothing more than ...

We were fools to believe candlesticks can predict

Whatever works for you mate I'll revert to my previous position that "I'm right and anyone who disagrees with me is wrong" Because needing to be right helps my trading a lot...

We were fools to believe candlesticks can predict

Is this what a professional gambler does when he throws the dice? Point bbmac is making is no different, when he places a trade he is literally playing the odds. There is a difference, it's a simple case of "here is a valid trade signal - here I ...

We were fools to believe candlesticks can predict

If you're interested in TA then this method has stood the test of time: url

Is Technical Analysis really working or it's just an illusion?

Ultimately this boils down to 1 simple core truth. "I'm right and everyone else is wrong" Now can we please go for 25 pages of debating this? I'm really up for that and see it as a very valuable use of time. Thanks.

We were fools to believe candlesticks can predict

What does or doesn't work for you will be as individual as your DNA. There's no hard and fast rule as to what works and what doesn't. Some people will do very well with TA, some with FA, some with a combination of both. Don't get caught up in never ...

Is Technical Analysis really working or it's just an illusion?

Thanks mate

AUD/USD

I think we might be seeing one of those fundamentally driven moves against USD? I'm by no means any fundamental expert however I keep seeing stuff being written about USD losing its reserve currency status and a lot of credibility over the last 2 ...

AUD/USD

I'm in this camp as well. I closed my long from the beginning of the week as it felt too much like gambling waiting to see what was going to happen with the news. After the 50% I have 0.98 which is middle of 50-61.8 zone, and got the 365 EMA right ...

AUD/USD

I see some strength in this pair, particularly when you see how it's holding up compared to EU and GU. Technically daily looks like possible clean break to 50% ret, maybe beyond. Crazy news/volatility permitting...

AUD/USD

Demoing builds confidence in your method and ability to trade it.

Is demo a step before real trading?

I've got a B/E running on this targeting the low of the range. I factored in 1.14 RN as well as strong trend direction on higher TF's. I actually base traded it off the 150/RN and got taken out by the pin on a news spike last night then re-entered ...

Mastering the Art of Trading