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- Rennaissance replied Jun 3, 2020
Not a buy , Not a sell. Took my big profit earlier today, might not get a sell signal until friday.
EURUSD only
- Rennaissance replied Jun 2, 2020
If you aren't making a shit load of money on this move, you are in the wrong business, period!
EURUSD only
- Rennaissance replied May 16, 2020
This isn't true, traders collectively do add value to the economy. Even if trading is a zero sum game, trading helps establish the worth of assets , bonds, currencies, etc. You take the markets out and tomorrow you have no economy. Nobody knows what ...
Forex - A negative sum game for losers
- Rennaissance replied May 14, 2020
You always have a stop: your account balance. Trading without a stop works only if one has unlimited capital. Account balance / profit on trade = Risk to reward ratio.
Trading with no stop loss
- Rennaissance replied May 12, 2020
I prefer taking the stance each morning that I don't know why these things move up or down. It keeps my ego and desire to be right in check. cheers!
Forex is random
- Rennaissance replied May 11, 2020
Manipulated by who? Who has enough money to manipulate a 5 trillion a day market.
Forex is random
- Rennaissance replied May 11, 2020
We are not saying there is any conspiracy theory, quite the opposite. We are simply suggesting that markets are efficiently priced. Not by men behind the scene, but by the collective sum of investors.
Forex is random
- Rennaissance replied May 7, 2020
You are right. Agree, even if you have info, wait for price before entering.
Forex is random
- Rennaissance replied May 7, 2020
Any proof? Or atleast trade explorer. I just realize the vast majority of traders refuse to accept their fate even when history should prove them otherwise. It's all cause of hope, or I should say false hope which will eventually be met with ...
Forex is random
- Rennaissance replied May 6, 2020
I keep believing that the markets are not random. Because price go up or down based on human behavior and not some closed deterministic system. But until I see consistent profits flowing into my account, I have no reason of believing they aren't. ...
Forex is random
- Rennaissance replied May 6, 2020
Thanks, will study. One thing that is clear to me is that as a new trader I wasn't well oriented. I read a lot of non sense stuff and wasted so much time perfecting trend following approaches. I should have focused more on buying weakness and ...
Forex is random
- Rennaissance replied May 6, 2020
Yeah, just want to warn people. Especially because when I started no even told me about randomness in the markets. Was just trying to get better, it never crossed my mind that I might be involved in a fruitless pursuit.
Forex is random