Since IBFX is closed today, i'll begin trading tomorrow!

100 Trades Analysis

these are the books that I am reading and planning to read Steve Nison Japanese Candlesticks (2nd edition) Beyond Candlesticks Greg Morris Candlestick Charting Explained Seiki Shimizu Japanese Chart of Charts I never actually follow james16 price ...

100 Trades Analysis

thanks for the comments. I am more than convinced that all systems are profitable. The aim is not to get high percentage winners but to make sure your winners are bigger than your losers (big difference!). I made the switch to candlestick because i ...

100 Trades Analysis

this thread is damn dangerous for newbies..i ask the moderators to close it before lives are ruined by overly excited traders

looking to build aggressive MM strategy

oooh i see

100 Trades Analysis

if 80-90% of traders lose, then 80-90% of people needs to see a therapist

Why A Journal

if you trade using price action with either pin bars or candlesticks..your system changes automatically. Thus price action is the most versatile trading system out there

how often do you change your system?

isn't this what guppy moving averages are?? YOu have short term and long term...

666 - My Personal Journey Out of Hell

do you have any other book that talks about money management and position sizing exclusively or is 'improving trading performance' good enough?

100 Trades Analysis

You should read Alexander Elder 'Trading for a living'. In it there's a part that describes past 'gurus' who brought new techniques in trading. The thing is, it worked because the market fits that particular method. Then when the market changes, ...

Should I attempt Elliot Wave?

The candlestick books are going great. I'm on 'more reversal patterns' chapter of nison's latest book. My God, 50% of this book is charts which i like But the more I read and the more I look at charts, the more I LOVE candlesticks. My idea as of ...

100 Trades Analysis

dude learn candlesticks..it's all you need

Should I attempt Elliot Wave?

False Security So I want to revisit this known idea that 95% of traders usually fail. We know the reasons why they fail, and it's never the system. However, during these close to 2 weeks that I've been away from trading, I have done quite a lot ...

100 Trades Analysis

When reading van tharp's book, he mentioned two things (that I remember) about a trading system. Set-up and a trigger. My set up is the weekly price action. It tells me the condition of the market and also gives me an idea what these traders are ...

My Trading Methodology

thanks man..i'm ready to steal money next year

My Trading Methodology

I can say I have no need for any fundamentals. I leave it to those guys with econ degrees...

My Trading Methodology

There you have it, my first attempt towards the world of candlestick charting. It's effective and it's simple. I use my weekly as a filter, and I use pivots and hourly for my stop loss. CCI for rating trades. Any questions or comments are welcome.

My Trading Methodology

So what happens if you get triggers on multiple trades. Well that's where I'll use CCI. Le'ts say all of these are long trades. The best trade is the one whose CCI is lowest value and the worst is the one with the highest CCI value. It's basically ...

My Trading Methodology

So once I have decided on a trade, I will look at the hourly charts. This is important because I want to see how the intraday chart behaved. If they bounced back and forth on a certain level, you know damn sure that this is the level that these ...

My Trading Methodology