Yeah, I know I agree that would help but like I said I really do not want this to turn into a teach me to trade thread. I trade full time for a living and the thread is already a big enough distraction but if I am bored and have time sure. I truly ...

What I learned after losing $300,000 trading forex

Hey guys so I told you all I would start a clean account FTMO challenge and share some of the concepts in the room. Today was not the best because almost everything was ranging between the +25 and the -.25 levels which was telling me that it was ...

What I learned after losing $300,000 trading forex

Finally got my login credentials this morning !!! They added a new payment method Decta and there was some issues with it. Also I wan to tell you if you are paying from North America there is a high chance your credit card ...

FTMO - For serious traders

Let me tell you my theory why scalping does not work (at least for me). 1. The fluctuating spreads are almost eventually going to take back all the profits. 2. Think about who is in the Forex markets? BIG players and big players do not use precision ...

What I learned after losing $300,000 trading forex

I completely agree this is why you will almost never see me picking tops and bottoms. The AUD worked beautifully today at the 1% reversal but I do not care. Trades like that trigger the butterfly effect for me.

What I learned after losing $300,000 trading forex

No ATR you are just using the Open Price and adding the % changes higher and lower. Hope that helps

What I learned after losing $300,000 trading forex

Yikes it is so hard to stop the effects of Dopamine and Adrenaline and it can last for weeks and months even

What I learned after losing $300,000 trading forex

Nice to see you in this thread. We seem to be of the same mindset and thanks for your continued input on the FTMO thread. Dopamine is extremely powerful. Most people really do not understand just how addictive it is and especially as men we are ...

What I learned after losing $300,000 trading forex

I could not agree more Day Trading is much harder than swing trading especially in a random rotational market that barely move .5% I also agree with you that the dopamine rush we get from day trading is a big influence on why so many people continue ...

What I learned after losing $300,000 trading forex

I agree with the spirit of this post. I personally had a few brokers go bankrupt on me and the process of getting my money back was excruciating. There were several red flags that I ignored in the early days. I get the fact that we are only risking ...

FTMO - For serious traders

I think you are right. It is none of our business how they structure their company but I do think they should inform us before they do these major changes because we are getting caught in the crossfire. Clearly they are growing and changing very ...

FTMO - For serious traders

Hahaha yes, you are so right about that. I do not even know why I started this thread. I guess I was bored and thought it might be emotionally cathartic but it is already turning into a distraction and highly doubtful I will continue it. I was ...

What I learned after losing $300,000 trading forex

Cognitive bias Description A cognitive bias is a systematic pattern of deviation from norm or rationality in judgment. Individuals create their own "subjective reality" from their perception of the input. An individual's construction of reality, not ...

What I learned after losing $300,000 trading forex

Hahahaa I know its crazy... he is on Ignore.... Meanwhile, just like clockwork, everything I have been saying is possible is happening right in front of their eyes. In my personal experience, I was not willing to accept anything that was outside of ...

What I learned after losing $300,000 trading forex

Let's get back to some important discussions. We are all trading addicts have you admitted this to yourself yet? I discussed the biggest problem we all face is Dopamine Addiction. I wanted to share a really cool video of a poker professional who ...

What I learned after losing $300,000 trading forex

I do not respond to childish challenges however I have actually been trying to open a FTMO challenge and when I do that I will be posting some trading results in here. I want a separate clean account because my personal accounts also have swing ...

What I learned after losing $300,000 trading forex

Now people are asking excellent questions I posted that above in the AUDUSD data ^^^

What I learned after losing $300,000 trading forex

So no real surprise here the AUDUSD is really struggling at the +1% level We know with a 97% probability is will close below this 1% and it even has an 85% probability of closing below the +..5% level I personally do not like to fade ...

What I learned after losing $300,000 trading forex

Earlier in this thread, I told you to watch "time of day" because it matters a lot. During the NYSE open and the London close is one of the most important times when big moves can happen with the trend or IF the market is rotational counter-trend. ...

What I learned after losing $300,000 trading forex

You are lucky my emails are still unanswered 38 hours later

FTMO - For serious traders