Pretty dumb logic. The higher timeframe person risk says 1% for every say 20 pip. The lower timeframe will likely be risking 1 % for every 3 pip. The scalper 200 pip is worth way more than the higher timeframe trader 200 pip as they both are risking ...

EURUSD

I have traded 1000's of trades on sub-1-minute time frames, In terms of accuracy, the lower time frame is just as good if not better than the higher time frame. The only issue with the lower time frame is the spread. The broker on average takes 70% ...

EURUSD

The lower time frames can be far more accurate than the higher ones. However, I guess it depends on your method.

EURUSD

Days like this, make me regret trading the lower time frame. My spread is literally 3 points meaning I paid a total of 45 points in commission today. total profit for today 2 points what a sad day.

Transition to full time trading (hopefully)

Upon reviewing Friday over and over it's clear that this was indeed an error due to my emotion. Had I followed my trading rules the day would have been positive. Had I trade with my usual lot size while revenge trading the day would have ended with ...

Transition to full time trading (hopefully)

Disappointment. I was so close to my goal of over the last 1 months I have achieved about 500% profit despite achieving so much profit my drawdown was never more than 20%. I had reached the point where I had to regain every single dime ever lost to ...

Transition to full time trading (hopefully)

Ok so today wasn't a bad day, I did enter a few trades out of boredom I guess but they were a lot smaller than my usual size so minimal impact on progression. I was quite conflicted today a lot more than usual, mainly due to being a somewhat ...

Transition to full time trading (hopefully)

Today was a pretty decent day, Finally decided to stop trade USATEC index, despite offering the best spread and volatile, I have consistently lost money on that instrument, In fact, it's the amount for 100% of all my money lost during the last 2 ...

Transition to full time trading (hopefully)

Made a fair bit of money today about 50%. Broken a few rules tho, therefore, feeling a bit disappointed despite earning so much. Really trying to develop the right mindset to approach trading but my competitive mindset really hates losing.

Transition to full time trading (hopefully)

A really bittersweet day so far , I made a fair bit of money trading oil, however, I sat and contemplated letting a trade run but ultimately ended up taking it as It was a decent chunk of money. Taking off that trade was indeed a mistake as shortly ...

Transition to full time trading (hopefully)

Don't buy oil, at the moment buying oil or even selling for that matter it's nothing more than a gamble. There are ways to trade this market but If you are looking at any time frame higher than 1min atm, you are gambling

WTI Crude Oil Trading

I can't believe I was trying to catch this falling knife.

WTI Crude Oil Trading

May go in detail at a later date, At the moment trying to forget the past and start over.

Transition to full time trading (hopefully)

Day 1 ( 21/04/2020) The first day didn't go as well as I expected, came out with a .5% loss, Which isn't a big deal. however, I did not trade my system flawlessly as several rules were broken and a few trades were taken out of pure boredom. All in ...

Transition to full time trading (hopefully)

Dude just stop, It's either the market is random or Not. Logically assumption, Is the price of oil random? Yes = market random No= market not random

Forex is random

Actually this is what causes the market to move the imbalance between sellers and buyers. Retailers will never experience it but if your order is big enough it gets a fill at various prices, the bigger the order, the bigger the variance. What I ...

Forex is random

My method if anything contradicts his teaching but he was the first person to provide proof that trading can indeed be profitable.

Forex is random

Since then I have an auto stop loss and don't leave any trade for more than a few mins unless they are winning. Look at it this way if the market ever crashes again while I am in trade will hit my SL, However, there is never any set TP with my ...

Forex is random

It actually 2 months period just move some money around and restarted my TE after the crash which wipes out a lot of my previous profits but ok. If 2 months intraday trading with 1000+ trades isn't enough then so be it.

Forex is random