4. Consistent Profit Taking - If we believe good opportunities ABOUND, we can resist greed. Hence it should be valuable to work out ahead of time reasonable metrics or methods (dependent on trading strategy/execution) for profit-taking and stick to ...

For The Retail Trader - A Basic Road Map To Profitable Trading

3. A Theory of CERTAIN but CONTROLLED Losses - If we take it that losses are unavoidable, but good opportunities ABOUND; we are less inclined to marry losing positions...the resultant effect is that we are likely to keep losses small, especially if ...

For The Retail Trader - A Basic Road Map To Profitable Trading

To Readers - My apologies the thread is clambering along really slow, "life" is not allowing for a quicker pace..

For The Retail Trader - A Basic Road Map To Profitable Trading

2. Controlled Leverage - If you don't recognize the idea of limitless opportunities; you will jack up on your leverage, E-V-E-R-Y! S-I-N-G-L-E!! T-I-M-E!!! You will not respect your capital size limits, as you load up to the hilt trying to max out ...

For The Retail Trader - A Basic Road Map To Profitable Trading

1. The Concept of Limitless Chances - Realize that good opportunities, that you will be sure to recognize, will always ABOUND! They are not scarce. You are sure to see these time and time and time again. When you first start off, your paradigm very ...

For The Retail Trader - A Basic Road Map To Profitable Trading

Perspectives - There are a million ways to make money from the markets doing very very different things. We see this manifestly in the famed book "Market Wizards"; one long term successful Trader does the exact opposite of the other long term ...

For The Retail Trader - A Basic Road Map To Profitable Trading

Capital DONE! Up next, Perspectives..

For The Retail Trader - A Basic Road Map To Profitable Trading

Capital - HOW There are multiple solutions to the question..this will be no exhaustive list, even from a retail position. Some paths are more hassle than others, use what you have. 1. Personal savings. 2. Partnerships. Ask friends and family for ...

For The Retail Trader - A Basic Road Map To Profitable Trading

Capital - WHY I believe this is the biggest problem you'll need to solve as a Trader. 1. Bottom line, You need money in order to have the ability to take trades.. 2. The ideal situation is for you to have access to an amount of capital well beyond ...

For The Retail Trader - A Basic Road Map To Profitable Trading

Our friend has a bit to learn, the sad part is I'm not sure he'll appreciate your information; and that's because of pride...he is going about his discourse like everyone is stupid . I'm not saying he has nothing to offer, but it does take a ...

Is forex education misleading or everyone is stupid?

I'll respect your original intent.. Research "spoofing" and how it may affect the retail trader.. Per your welcome, I don't think I've been hostile. You said the FX markets are exclusively utilitarian not speculative and such, have no ...

Is forex education misleading or everyone is stupid?

I really really admire what you're trying to do, but what you're saying shows you may get some value reading up on market infrastructure or talking to an industry insider. The articles you just dismissed demonstrates: 1. There are very large ...

Is forex education misleading or everyone is stupid?

True. I use an algo; MFF definitely knows I use an algo. I could have 40+ positions open at one time. I haven't had to show my source to a soul.

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This is exactly how to do it! Thank you.

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If youre using MFF profits to fund FTMO, wouldn't MFF be the standard, and FTMO the auxiliary then?

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You make a good point, its more or less the same talent pool..

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Hmm, very interesting! FTMO says 8% go live on average. MFF has only about 2.4%.

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