Market is not only about fundamental, but also technical plus speculation. However, fundamental and technical analysis does not move price, it is the actual decision to buy/sell (and to what extent) from those with strong liquidity does. And don't ...

someone PLEASE explain this market to me

I also have one thing that I consider as an edge for my trading activity. Unlike Risk-to-Reward ratio and entry-splitting mechanism I mentioned earlier, this thing is outside of trading realm, but give quite a boost to my trading (as I perceive as ...

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

I believe entry method can also give some kind of mechanical edge to a system. I mean like splitting one entry (say 3 lots) into two (@ 1.5 lots) or three entries (@ 1 lot) with different TPs but same SL. The first TP is meant for quick protection ...

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

Indeed. That's why what I meant by Smart Speculation is at least 50% accuracy. If it's more wrong than right then it's not very smart by my simple standard ;-)

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

For me, the edge lies in Risk to Reward Ratio ;-) Market will definitely move, but you can't know for sure where it is going nor how it will reach its destination. It may try to form a pattern/trend but there are big fishes out there that will make ...

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

Good points and congrats but don't forget to take it easy on other people Because what works for you may not work for other people and vice versa, due to difference in ways of thinking. Never say what's impossible for other people to do including ...

I was blind and now I see - Becoming a successful trader

I met trading after graduated from university. But If I were to start all over again, I'd personally go for university plus trading on spare time. After graduated, I may go full time. University was fun for me. Lots of spare time to explore life ...

university or more time for trading

You seem to include what other traders think or do as your business, so how is it going for you? Do you like it? Are you happy with it? How much profit you get from it? ;-) And how much control you have over those other traders? Exactly ;-) You seem ...

Price action is dumb, and you're lazy for thinking otherwise

Martingale definitely will blow up account, if used blindly. If combined with entry system with very high consistency, say 1 profitable trade every 4 entries, what do you think will happen? ;-) You can still use it blindly if you like ;-)

Another bit of Martingale lunacy

Simplified example of what will happen when sh*t happens ;-) 1) your pending buy 1 lot gets activated at price 1000, price then goes to 1008 (up 8 pips) 2) you put pending sell 2 lot at 1000, price goes down to 0998 and activates the sell orders 3) ...

I wonder.. will this strategy work?

If I'm not mistaken, that would be a whoppin' 50 pip loss ;-)

Bread and Butter Trades

Short-term. Intraday, max 2 entries / day. H1 timeframe. I like it because it gives me a lot of spare time to live my life to the fullest but still always enjoy trading adventures everyday. Imo stress or not depends on the system used. If you take a ...

Short Term Vs. Long Term Trading

Good luck with your 20% per week aka (80% per month) goal. If you can dream it, you can achieve it. Just don't forget to enjoy your path to it =) I don't usually use goals, but if asked I'd say my goal is also quite high, 32% per month (high risk ...

M15 Trading Method (help required!)

20% per week aka 80% per month is truly incredible. Imagine a business with Return of Investment of 1.25 month. I'm not saying it is impossible. I am sure you have reasons to believe that it is a good and reasonable plan. Would you mind sharing your ...

M15 Trading Method (help required!)

I tried this on demo for 2 weeks, resulting good. Then I tried on my real account for 4 weeks, and unfortunately lose some money in total. I guess my luck is simply not here. That loss gives me more clarity about what I want from a trading system. ...

Simple Simon Balance Line Trading

True. For me, there is something about singing that feels so good. I believe if I feel good, I am closer to my dreams including forex trading that is profitable, sustainable, and comfortable. =)

What kind of music you hear while you trade?

I play all-time popular songs that I can sing comfortably. Here's some favorite: Frank Sinatra - My Way Green Day - 21 Guns Hoobastank - If I Were You Metallica - Unforgiven II

What kind of music you hear while you trade?

I see. Good luck then =)

Cash IN strategy