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- Rennaissance replied Jan 18, 2019
Range means price doesn't deviate too far from equilibrium. Price is like a swinging pendulum, on the contrary a trending market is like a swinging pendulum whose string cut off as it was swinging in either direction.
How to lose money
- Rennaissance replied Jan 18, 2019
Random times are trendless markets, I think it is most prevalent and occur 2/3 of the times. So basically it's hard making money in the markets. The odds are that you will lose or not make a dime. Only those that are mentally strong can wait for ...
How to lose money
- Rennaissance replied Jan 17, 2019
The market is not random, but it is close to random. Meaning 67(2/3)% of the time it is random and 33% of the time non-random.
How to lose money
- Rennaissance replied Jan 17, 2019
Forex is gambling, So is every business. Th amount of failure in business is mind-boggling. We see only the few who make it, but they took up some big shots along the way and the majority didn't make it to the finish line. Again if you want to win ...
How to lose money
- Rennaissance replied Jan 17, 2019
nice one
, Trading even if in the end you don't succeed will make you a better person.How to lose money
- Rennaissance replied Jan 17, 2019
That means you can predict the markets. With all due respect I think the market is unpredictable. You can't know in advance which setup will work. You can control your money management but you can't control the markets.
How to lose money
- Rennaissance replied Jan 17, 2019
hilmy83 that's what I have been saying, may be am using the wrong words.
How to lose money
- Rennaissance replied Jan 17, 2019
The fact that a market is trending gives no clue as to whether it will continue trending. Left side trending get in, right side choppy or vice versa. Again and again and I can see that we all are looking for the goose that lays the golden egg. Which ...
How to lose money
- Rennaissance replied Jan 17, 2019
Or that you are dealing with the random nature of the markets. The only way to know that a market condition doesn't fit your strategy is in hindsight. Hindsight is always 50/50. Some traders stop trading after they start losing or reduce their ...
How to lose money
- Rennaissance replied Jan 17, 2019
Yeah, we indeed deceive ourselves. The sooner you accept the nature of risk. The shorter your learning curve. You can't have the upside without the downside. Those bad times are inevitable. Plus go nowhere times, inescapable. In trying to escape and ...
How to lose money
- Rennaissance replied Jan 17, 2019
I dont believe you can know the right conditions. Again we come to trader's problem. Trying to avoid losses and curve fitting perfect strategies. There are times you will make and times you will get cooked. It's the nature of the business.
How to lose money
- Rennaissance replied Jan 17, 2019
It's ok Pipfu, you will be back soon and hopefully get them.How to lose money
- Rennaissance replied Jan 17, 2019
Never ever, ever ,ever quit your strategy until you are broke. This advice goes to people that have back tested their strategies and know pre-implimentation that it works. A strategy should be like a successful marriage, it's a do or die thing. ...
How to lose money
- Rennaissance replied Jan 17, 2019
I feel sometimes that the market test us, just to see if we are worthy of it's delights. I have had periods where I had 20 straight winning days and then bam. In 2-3days give away half or more of all those wins. In some cases I increased my size in ...
How to lose money
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How to lose money
Started Jan 17, 2019|Trading Discussion|195 repliesI am starting this thread to help me and other fellow traders deal with losing periods. I must ...
- Rennaissance replied Jan 2, 2019
Someone bought a lot of euros during Asian session, waiting to join them during the day.
EURUSD only