Your profiting from a trend is very very dependent on your entry point these days. If you don't know where to get in, trend following advice is as useless as the advice of buying low and selling high.

Trend Trading

You are a fraud, buyer beware.

A brief summary of what I learned in the past 17 years

I think graviton, the main problem with following the trend is volatility. People cant stand those temporary reactions. They always take a reaction to a reversal, or others even less sane take a reversal for a reaction. I think there is no system ...

Trend Trading

Yep true.

Trend Trading

Trading is difficult even for professionals with many years of experience. If you think it isn't then you are deluded.

Trend Trading

That's why I don't like market timing. You need to be willing to be wrong a lot, doesn't work well with me. I bought around the same price as you but still holding my losing position.

EURUSD only

I learned that you need an edge to win.

What Would You Do Differently Today for Better Trading Results?

I think you shouldn't do it. Just keep multiplying your account. You don't need anyone's here approval. That's what I think someone who is really successful will do.

The Documentary: "Breaking Forex"

Yeah if you have a big account, works fine. I remember a trend following approach I was using, it made 3600% over the course of 16months, about 400trades. But then it spent the next year going sideways. definitely not for me. I quit trading it ...

Trend Trading

I think trend following works, but implementing it the traditional way is very very hard. I personally only use it to give me perspective of the overall direction of the markets. the way I manage the trade has nothing to do with trend following. it ...

Trend Trading

Entry points don't matter, it's all about risk reward. I have a trader friend, was going through his statement this week. The guy was only right 21%, about 3/14 trades right . He risks 3.5% per trade and still ended the week +6%.

Trend Trading

Yeah but this is exactly the kind of fantasy which makes sticking to the plan so difficult. I don't think it's possible to outperform without volatility. You will be in drawdown mode most of the times, I don't care how you cut it. Probably around ...

1% to 3% Per Day? All things are Possible

No system can be 100% efficient. All the scientist know that. The fact that the market is very close to efficiency doesn't mean it is efficient. But it is very hard to beat thou and requires an enormous amount of discipline.

8 Years Later - Still Not Winning

Off course you can use the Martingale approach if only you are ready for the occasional but rare blow up.

1% to 3% Per Day? All things are Possible

A clear insane and unrealistic dream. It's impossible to make money like this in the markets. You will have losing days and winning days.

1% to 3% Per Day? All things are Possible

May be, but if you are short. You had no reason to be out of your position since the sell off started.

EURUSD only

Some of the shorts have already closed their positions several times. It's not proper, tight stop losses will only take you out of positions even if you get the direction right.

EURUSD only

Never become impatient because the market is not doing what you think it should do. Shorts be patient, still expecting sell off.

EURUSD only

Yep that's what I m position for. I think we are gonna sell off for the rest of the day.

EURUSD only

Market refusing to break, gathering strength or reversing on the upside? Keep watching.

EURUSD only