+1 For the specific topic you are asking about this is the best book i have read on the subject

Book recommendation needed

What makes you think this?

How many people are actually making money rather than losing?

I don't see trends in the market dying out ever . I believe they are a form of nature and will happen whether they are rational or not, just like seasons, tides and cycles. The herd does what the herd does, al;ways has and always will. I also ...

How many people are actually making money rather than losing?

I have read the second 2. The trend following book, although interesting doesn't provide much applicable material, it';s very conceptual and gives a lot of examples of successful traders. It's not actually a book on how to trend trade though. Are ...

Which book should I read first among these 3?

Keep at it if you want. The mistakes you may want to address are: _Well, it's your fault _You you did bad trades _You need to learn MM _You are still not prepared, keep trading via DEMO 6 more months I recommend you do the following: _You need to ...

How many people are actually making money rather than losing?

I'm starting to completely agree about the point about forums. I'm finding they can cloud my judgement and mess with my trade ideas. Apart from this thread and the PF of course! This will always be my home

james16 Chart Thread

Hi Bear - many thanks for pointing that out. 1.024 would double my account risk on this one but only to 1% For this trade I'll stick to the position sizing rule and take the hit if it stops me out - however I'll definitely take your advice on board ...

USD/CAD

Here is the chart I couldn't post up earlier. When I put my limit order this morning I'd had a signal from my system (base system - James16) off the 25 EMA (yellow dotted line that price has respected on the way down). Price crossed it along with ...

USD/CAD

Hope it works out for you. I got my long entry at 1.0280 triggered

USD/CAD

Can't post a chart right now but got a signal and some daily PA - we'll see

USD/CAD

I'm eyeing 1.0365ish fairly soonish.

USD/CAD

How do you feel about being wrong? How do you feel about a few losses in a row? "The best" traders leave their egos at the door, your ego is your worst enemy.

To be the best

Not forgetting these ones either: url url url This all lines up to show an excellent example of everything to do to fail at trading then blame it on anyone except yourself. Then to go about trying to convince everyone that if he can't do it ...

Here's the answer to "Can I make a living from forex"

You have a million on your UJ long? let's push that puppy up there!

USD/JPY Discussion

If you have trouble cutting losses and using stops then you might place 'being right' over being profitable in the long run. No one is 100% right ever - so what do you do when you are wrong? I recommend anyone who's struggling with this to read ...

Do you use stoploss?

What size account do you trade? A lot of people trade very small accounts so risking >3% may not seem like a big deal. Trade a big account and see how you feel about risking 5-10%... Really?

How Much Do You Risk Per Trade?

Mate just move on and get on with your life. Put your energy into something worthwhile. Right now your ego is out of control and is probably the root cause of your failure in trading. This need to be right, get revenge and prove something is of no ...

Here's the answer to "Can I make a living from forex"

It's "tampering" with the M taken out

What is tapering?

This looks to have made a start...

USD/CHF