Hi, Start at the first post in this thread. It's all there

james16 Chart Thread

Nothing to prove here. You go for it though - GL

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

If you made a full time living from trading would you want to get involved in something like that? Successful traders have nothing to prove, it's a very private thing especially if significant money is involved. Trying to perform for someone else ...

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

+1 What I love about trading is that there are no clients, customers, you don't have to create anything, compete for market space and do crap like keep up with Search engine algorithm updates and worry about people ripping off your ideas/website ...

Trading Psych Metaphorics

I'm curious as to why you keep posting this challenge to people? What is it that's so important that you prove? I think you need to prove to yourself that whatever bad experience you had in trading wasn't your fault and that you were somehow ...

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

I completely agree with this. Everyone keeps blaming external factors for their own lack of success. As long as you believe that you're losing because "everyone loses", or "the game is rigged against you" and "the brokers set it up so that blah blah ...

Is Forex reliable?

2 and 4 will continue to be asked over and over along with the others...

Do you use stoploss?

I used to have trouble with a belief that "trading adds no value to society" which was given to me by some people on a spirituality/conciousness forum. I've got rid of it as I find it unuseful, unhelpful and untrue for the following reasons. ...

Profitable traders: Would you quit trading for your career?

I play SWTOR Also play guitar, make tracks in Ableton and work on my Internet business. Go to gym, go for a walk.

How to pass the time while trading?

It's like other businesses - big failure rate, only small % or success stories. If you approach it professionally, learn from your mistakes and have the resilience to bounce back when it doesn't go your way you'll make it. Most people aren't cut out ...

95% traders go broke, only 5% survive

+1 It amazes me that there are people on this forum with this mindset - I really hope they're not trading live... Again I'll reiterate Mr Seykota:

Is Forex reliable?

This question can be answered quite easily with an Excel spreadsheet.

More risk, more profit: is it true?

Should there be some sticky threads in this forum for: 1. Stop loss - yes or no? 2. What is the Holy grail System? 3. Does anyone actually do this for a living? 4. Is it true 95% of people fail?

Do you use stoploss?

It's as reliable as you want it to be. If you want to risk large drawdowns and margin calls trying to chase fast gains - no one will stop you If you want to develop and test a low risk strategy that yields consistent returns while developing a ...

Is Forex reliable?

Your R:R per trade stays the same it's just a way of scaling your position sizing up and down with performance. Also for gradually upping your risk/trade based on performance if you're having trouble with the psychological aspect of trading a large ...

EURUSD

Try measuring in R multiples and increasing/decreasing based on that. EG: 0.5% risk/trade until +10R achieved - then go up to 1%risk/trade Next +10R go up to 2% If you hit -5R go back down to previous level If you hit -5R at your lowest risk/trade ...

EURUSD

This is good advice that turned it round for me. Along with massive focus on discipline & psychology

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I like controlled risk and consistent profit

More risk, more profit: is it true?