Again, thanks for starting and engaging with this topic, I never thought I'd be able to discuss this stuff on a "retail" trading forum. Ok, this is where it gets a bit complicated and nuanced, so context matters. Yes, essentially we both trade in a ...

Why Price Alone Is Incomplete

It depends on how we define "win". Of course, I exaggerate with 5 good decisions a decade as there are always smaller decisions over said decade, e.g. rebalancing portfolio, covering monthly living expenses and so on. Yes, I can take lot of ...

Why Price Alone Is Incomplete

This is the first time I ever heard about "intra-day macro", very interesting. Even more cool, that you found a way to capture and trade it intraday. Respect mate, that must have taken some serious effort and dedication. ...

Why Price Alone Is Incomplete

Ah, I see. Ok, this is a complex topic with a lot of nuances. My experience is that real macro shifts are a process more than an event and happen very slowly, almost too slowly to be of any use for intraday traders. For example, my analysis says ...

Why Price Alone Is Incomplete

I get what you're saying and I also understand your reasoning, it's very sound. Interesting that you trade intraday and don't hold positions overnight. Never the less, tracking what institutional (a.k.a. the big money) positioning and participation ...

Why Price Alone Is Incomplete

Unfortunately the sort of analysis & information that the OP is referring to, will have a limited benefit for intraday traders. But that's exactly where the "edge" is for intermediate term swing traders. "Edge" = trader's advantage over other market ...

Why Price Alone Is Incomplete

Hey Fx-COT First of all, excellent series of posts explaining how you analyze markets, institutional positioning and structural participation. I totally get your idea of seeing the complete picture beyond the surface level / price chart. I do the ...

Why Price Alone Is Incomplete

Ok, I didn't mention anything about pre-setting SL and TP. What I wrote was: Potential risk ≠ SL, potential reward ≠ TP. Risk-to-reward potential = quality of setup, i.e. how good is the setup or opportunity? E.g. is it a rare opportunity that only ...

Why do i do much better trades in high volatility?

Hey Yaed, Many of us have been here. This is a part of trading that is rarely talked about---it's very personal and more about self-discovery than strategy. I went through a similar phase, where I hated missing big opportunities while away from the ...

Why do i do much better trades in high volatility?

Hey Vikolee (Ejor), First of all, I'm not a day trader. Second, I'm not sure what you're asking because I don't see an actual question. With that said, I can make some observations based on what you wrote. Yes, this is closely related to the 80/20 ...

The Bitter Truth About Forex Trading By Shigosag

Hi Shigosag, I understand this is your personal (bitter) truth. Unfortunately, there are a lot of misconceptions but it's not your fault, the reality is rarely ever discussed nor is it well understood. The market conditions changed. Every struggling ...

The Bitter Truth About Forex Trading By Shigosag

A bit of both, I think. There are some profitable traders online and YouTube but their content is raw, unpolished and not full of any highlights, i.e. they never mention how much they win / lose. They have a very low but loyal following both on and ...

95% of FX Traders Lose, Yet Everyone Wins on Social Media- Truth?

Yes, 100% agree. Most of them treat it like a hobby or get rich quick scheme, instead of a profession that requires actual education, training, practice and / or mentorship. The new generation has grown up with the speed of the internet, quick ...

Why does it seem so easy for other traders, but not for me?

Yes, agreed. Unfortunately most don't know how to execute and when.

Why does it seem so easy for other traders, but not for me?

I found this thread that is a treasure trove of good information and valuable learning. Edit: Oops, I forgot to include the link url Read every one of this guy's posts in the thread. His system is very good and includes elements ...

Why does it seem so easy for other traders, but not for me?

Ah yes, this age old topic never gets old. In my case, I needed more than just a positive mindset. After 10 years, I realized that my "faulty" mindset was due to me playing the wrong game and lacking the skills for the right game. Like ...

Mindset Mindset Mindset!!!

My experience resonates with triphop and Newtrader025. Making a living from financial markets is not for amateurs. Anyone who wants to trade for a living needs to do their homework and understand how this business works. Professionals go through ...

Mental exercise: "You" are a broker

This post is 1½ years old but there is a hidden fundamental truth that the OP subconsciously discovered but couldn't quite clarify. It has nothing to do with a faulty psychology, it's actually the opposite. For a long time, I was strategy hopping ...

Afraid of commitment to any strategy

Depending on what your actual goal is, you might be having the wrong understanding about trading. Warning: My reply is gonna be unpopular. A newbie golfer goes to an online golf forum and says "I'm an aspiring golfer, what type of swing should I ...

strategies for beginners

Err no...I'm a master of my own process. I'm not here to teach anyone, I just post when I'm bored because trading for a living can get a bit lonely and boring. Unfortunately, profitable traders won't stick around on forums or if they do, they tend ...

Why does it seem so easy for other traders, but not for me?