Hi guys.
I have decided to create this thread in hope that others will share there experiences and maybe i will learn from them.
Here is my story...
I am now 21 years of age, and started exploring the markets when i turned 18. I currently own a house outright and am in a stable financial condition. The first year i wasn't really taking it seriously just playing around with demo accounts and gave up for a few months. Then i came back and have been serious since. My main ambition is to become a swing trader, using 4h / 1d time frames. I have taken multiple courses, read a few books and spend countless hours every night looking at charts.
I know the majority of price action and analysis and i know how to confirm entries ( Looking into lower time frames for a trend line break or a 1-2-3 formation)
However, all of this time and effort and yet i cannot get a profitable strategy. Its like i need something to add to it. Maybe to narrow down the search for a perfect trade. I try to find a moving average dynamic resistance, yet i back test it and cannot find one which seems to be consistently profitable. I do not believe in having a load of indicators smothering your screen, yet maybe one or two is what my system may be lacking.
I have allot of money saved up which would be a very decent amount for a trading account if i can manage to get over this last hurdle.
Obviously i am still young and have many years to learn ahead of me so no rush, but id like to feel like i was getting somewhere.
Anyway feel free to give advice or tell me how you came across your working strategy. Maybe post links to things which helped you along the way.
Thanks in advance guys!
I have decided to create this thread in hope that others will share there experiences and maybe i will learn from them.
Here is my story...
I am now 21 years of age, and started exploring the markets when i turned 18. I currently own a house outright and am in a stable financial condition. The first year i wasn't really taking it seriously just playing around with demo accounts and gave up for a few months. Then i came back and have been serious since. My main ambition is to become a swing trader, using 4h / 1d time frames. I have taken multiple courses, read a few books and spend countless hours every night looking at charts.
I know the majority of price action and analysis and i know how to confirm entries ( Looking into lower time frames for a trend line break or a 1-2-3 formation)
However, all of this time and effort and yet i cannot get a profitable strategy. Its like i need something to add to it. Maybe to narrow down the search for a perfect trade. I try to find a moving average dynamic resistance, yet i back test it and cannot find one which seems to be consistently profitable. I do not believe in having a load of indicators smothering your screen, yet maybe one or two is what my system may be lacking.
I have allot of money saved up which would be a very decent amount for a trading account if i can manage to get over this last hurdle.
Obviously i am still young and have many years to learn ahead of me so no rush, but id like to feel like i was getting somewhere.
Anyway feel free to give advice or tell me how you came across your working strategy. Maybe post links to things which helped you along the way.
Thanks in advance guys!