If you try to control or restrain your emotions, the emotions amplify. What really matters is that there is a space between your emotions and your actions.

Emotions (money management)

Yes that is my point. Even with a 90-95% win rate, you will still get 6 losing trades in a row now and then. No matter how you deal with risk and reward, they usually go hand in hand. You can't the one without the other. But that is what Martingale ...

My first FX martingale attempt

I wish you the best of luck with the Martingale system. It can be profitable for years, just like the life of the turkey. Every day it is reminded how much the butcher loves the turkey... until it's Thanksgiving.. image

My first FX martingale attempt

The forex market (any market) is what you believe it is. If you believe it's a snake, it's a snake. If you believe Forex market is crazy, then it's crazy.

Random vs Predictable

I kindly disagree Mark. Emotions have never made a bad trade. Taking action on those emotions is probably why 95% of all retail traders fail. You can't say NO to emotions and then on the other side figure out when you are in a state where you ...

Emotions (money management)

Why do people say brokers steal from traders no matter what? Technically: Well they have commissions/spreads.. what else would pay their salaries? As a trader: Because they have not taken full responsibility of their trading yet.

Why do people say brokers steal from traders no matter what?

Emotions doesn't hurt your trading. Acting on those emotions does! Emotions are energy based and if you welcome the feelings, the energy declines. Not accepting them amplify the energy and can hurt your trading. This is not my opinion, it's science. ...

Emotions (money management)

In short, it doesn't matter. It depends on the trader. If you believe the markets are random, trade like it's random. If you believe the markets are somewhat predictable, trade as if it is. Both can be profitable - it all depends on the trader. You ...

Random vs Predictable

They work for some, but for a different reason. What makes a trade profitable? what happens next is what matters, which you have no control over. However, spending time with exits should have a lot more focus than the entry. Just my opinion.

Why a chart pattern fails?

url

How to predict markets, Catch the moves at value

You state : "how to predict the market" if you could predict the market, you would win 100% of the time, which you can't because the markets are made of humans. You can't predict the market... end of story.

How to predict markets, Catch the moves at value

Thanks for your reply. So what you are saying is that with more information, you can make better decisions?

How to predict markets, Catch the moves at value

Great thread Dennis, But how can you be right at the exact right time, in a market that is uncertain?

How to predict markets, Catch the moves at value