haha, 1% a day? that's a 1229% a year. Just crazy these unrealistic expectations.

Trading psychology - Share what has helped you the most

breaks of psychological levels "broadcast direction"

Secret footprint in the markets

well, I can give you some examples: but it's really just a matter of structuring information. average P/L: =average(G:G) (assuming your profit/loss column is column G) historical win-rate: in column H write the following formula: ...

Tools to analyse trades

WHEN PEOPLE WRITE IN CAPITAL LETTERS I ALWAYS THINK THEY MUST EITHER BE CRAZY OR TEENAGERS, which one are you? And one question mark is enough. How can you be sure that any of the stated people are millionaires (in forex)? Have you seen an audited ...

FF "Rags To Riches" Millionaires!

I am not sure what you exactly want here. You just export your trades into an excel format and can calculate everything in excel with simple formulas. And if you just want to calculate these ratios then let me tell you right now that this is ...

Tools to analyse trades

That I can totally agree with. Everything you do in life reflects your own personality. But saying trading has a deeper meaning that it is a way of life is not comprehensible for me. So nothing wrong with you defining your trading, but if trading ...

Being a trader is a way of life

nah, it's still just a job. If it is an extension of yourself, then you must be a pretty shallow person. After all traders are just taking money from others and put it into their accounts (in an ideal scenario). The only difference between this one ...

Being a trader is a way of life

So in the philippines they pay you to trade during your actual working hours? In europe employers pay you to work during working hours.

Work Vs Trade

if you have a good business model (i.e. trading model) then withdrawing profits would be insane. You want to compound your profits as fast as possible, not stay where you are. Not sure why a good business owner should withdraw profits. Never heard ...

The Life of a Newbie Forex Trader: What I Have Learnt so Far

IMPORTANT ericnyamu: don't reopen 7 year old threads where most participants probably are already not on FF anymore.

I need a mentor!

no, it is just like any other job. It's neither better nor worse than other jobs.

Being a trader is a way of life

It has been an 8 year long journey now through ups and downs in the trading arena. Went through all cycles: scalping, trend trading, technical analysis, computer trading and fundamental analysis. I have finally reached long-term profitability with a ...

Information For Beginners

an average of 20% per year would be awesome, if I can sustain that over decades. However, I am not into daytrading. Can't imagine something more boring now than daytrading, no contact to other people, just watching some crappy charts. I rather work ...

Is a steady 20%/yr growth target enough for you?

Maybe before posting some bullcrap, just take 5 minutes go to berkshire hathaway website and read the 4th page of the annual report. He made exactly 19.7% compounded per year from 1965 to 2013. However, in the last 4 years he only made and average ...

Why the rich could not become richer?

Okay, and how would you avoid stocks that went up for no reason? Like the tech stocks in the 1990s?

Stocks with a sustainable competitive advantage

Okay, but the question was how you find stocks with sustainable competitive advantages, not your personal investing strategy...

Stocks with a sustainable competitive advantage

what you described is exactly how bubbles form: Oh this tech company is valued 40 times its earnings. The whole sector (or a second tech company) is valued 50 times its earnings. The company with 40 times its earnings is cheap compared to the ...

Understanding value

how have you drawn these lines? They seem to be fitted to the chart.

Medium & Long Term ONLY