Would you not say EcoTrader that, as retail traders, we don't have access to all the fundamental data and news that is needed to trade from it?

8 Years Later - Still Not Winning

I'm sorry Nefser but you seem to be obsessed with 50/50 and I'm not sure where this came from. Of course you can't make money from a 50/50 game, you're quoting something that I didn't say. You seem to be thinking that I'm attacking your way of ...

8 Years Later - Still Not Winning

Hi Nefser I never said the market is 50/50 random, as it's definitely not! The market is Random with occasional Levy Flight, and it's that Levy Flight that makes all the difference. I also have data that shows that a random entry combined with great ...

8 Years Later - Still Not Winning

Well maybe you have, well done! I look forward to seeing your method

8 Years Later - Still Not Winning

Thank you for the reply diceman555 Yes I do get where you're coming from and I have to take my hat off to you, I don't think I could ever trade like that. And trading FTSE, it's so erratic! I've stopped trading Cable because anyone mentioning Brexit ...

8 Years Later - Still Not Winning

Luck plays a huge roll in my trading! I know people use TA to try and have control over their trading when really it's all down to luck. I've had it proven to me that TA just doesn't make any difference, and at the end of the day it's all down to ...

8 Years Later - Still Not Winning

In my opinion diceman555 your entry is by far the least important part of the trade. I enter on an M15 but really it could be H4 or the Daily, M15 is just convenient and gives me more opportunities! You're dead right it is market conditions that ...

8 Years Later - Still Not Winning

Great post ebeckers, I agree with 99% of what you say. In fact I din't think I can add anything.............

8 Years Later - Still Not Winning

Thanks for the comments Nefser Yes you're right, and as I said, technical tools can indeed give you confidence to enter but, in my opinion, gives you no edge. No one has ever shown me any data that proves that any technical analysis can give you an ...

8 Years Later - Still Not Winning

I do believe it's so difficult to accept that technical analysis gives you no real edge in outcome over the long term, and that your own psychology will govern what you make, profit wise! Trading with the trend, staying in as long as you can, and ...

8 Years Later - Still Not Winning

Well I win overtime ..................

8 Years Later - Still Not Winning

Here's what works for me. I believe that markets are a "Random walk with occasional Leve Flight" and I also believe that the entry is the least important part of the trade and they give you no real edge. Your edge comes from trade management, your ...

8 Years Later - Still Not Winning

Your are right EcoTrader, technical based trading, in my opinion, offers no real edge over time

If you could go back - one Forex thing you'd tell youself?

Interesting question Yes, follow the trend! Forex is mostly Random with occasional Levy Flight so just follow the daily trend concentrating on your exits and your risk and don't concentrate on your entry...................

If you could go back - one Forex thing you'd tell youself?

All trading is gambling! In the UK it's even called that: "Spread Betting" We all try to minimise the risk by putting up trend lines, support and resistance lines, indicators, Fibs etc etc or trading fundamentals where, as retail traders, we cannot ...

EURUSD only

Just goes to show what a waste of time TA can be ..................................

EURUSD only

Hi andy4444, I don't know how long you have been looking at FX, but don't try to overthink what you think is happening in the market. You may indeed be right but it doesn't really matter at all what caused it, and one thing I have learned over the ...

EUR/JPY

I've recently learnt that trading is just a numbers game, and that markets are just random walks with occasional Levy Flights

What Would You Do Differently Today for Better Trading Results?