There is no jackpot strategy... There is no foolproof system... There is no holy grail... Everything functions based on probability, supply and demand, support and resistance, etc. Indicators are either leading or lagging, never fortunetelling... ...

How long should it take before I hit the jackpot

Rules were meant to be broken... But don't break them... Laws cannot be broken... Unless they are man made... The law of gravity cannot be broken... Yes, you may jump, but gravity pulls you back down... You can go into a space, but gravity is still ...

Rules of Successful trader

- best time to trade We make money when price changes. The best time for you is what you can handle. If the market is moving fast do you freak out and want to close your position or have you sized your position, set your stops, and are able to ...

Main guidelines for beginners

I did a number study a while back about leverage. First off.. let's not focus too much on the potential profit, it gets people too excited... Instead, let us focus on the potential loss... With 1:1 leverage, or trading only what is in your account, ...

What leverage is best for a newbie?

Forex is no different than any endeavor that requires control. For example, how to control your emotions while driving. How to control your emotions while building a house of cards. How to control your emotions during poker. How to control your ...

How to better control our emotions?

Is it easier to get 1 pip ten times, or 10 pips one time? I think that the way the market moves, 10 pips is not that much to ask for. The EUR/USD moves an average true range (ATR) of 120 pips each day. Choose a direction and take 10 of those pips. ...

10 pips a day can make you rich quickly

Mark Douglas, "Trading in the Zone" His probabilistic mindset made all the difference. This book set the market up in a way most others do not talk about. It is the fundamental for all my analysis!

What helped you the most to be profitable?

Can you get rich quick? Yes... Here's how. Risk everything you have, all in, over and over. Let's play a game... It has 50/50 outcome. It is a completely fair coin toss game. If it lands on one side you win double whatever you risk. You risk 10 you ...

Can you get rich quickly from forex trading?

If we define analysis as : A detailed examination of the elements or structure of something, typically as a basis for discussion or interpretation And we understand the analytical process as four steps (minus one): Gather Facts Create Findings Make ...

No one can forecast the direction of a trend, it’s a paradox

I do like that this is still going on, five years strong... 100% real method, no gimmicks... Only buy? Never short? I have been lurking on this forum since 2010 when I was first introduced to FOREX... I had to wade through so much, but this is an ...

Never Lose in Forex - Guaranteed

It's not the analysis it's the analyst... If there is no such thing as technical analysis, what are these people doing? I will start a thread called, "There is no such thing as Fundamental Analysis." Then, why break it down at all, just say there is ...

There is no such thing as technical analysis

I agree with the basic outline of this... I would also like to point out the common 90% statistic that gets thrown around so much. That is, 90% of traders lose. I have heard this so many times, on so many forums, and so many videos. I don't know ...

reasons why traders lose