Sorry for the late response my friend. I have been inactive on this forum for a while just focusing on my own trading. To answer your question I focus only on commercial data, as it is the most accurate.

Trading under the microscope

You are smart enough to know that is not what I meant when I said there are multiple ways to trade. You can scalp, swing trade, order flow trade (like Rick), news trading, on and on and on. I didn't say there are more than two directions to trade, I ...

The brutal truth of day trading

Man, you are literally arguing with everyone on here that doesn't trade the way YOU think is the right way.... Don't you see how arrogant you come off as? Even if you are right about Rick if the way he trades works for him and he is making money ...

The brutal truth of day trading

LMAO what qualifies you to teach me anything? I never came in here asking to learn from you... I made a post and you came out of left field arguing with me because you have an inferiority complex or something. You clearly have a good understanding ...

The brutal truth of day trading

So Peter, instead of knocking what everyone else says on here and debating. Why don't you just make your own thread where you can talk about your trading strategy? I'm sure many people here would love to see how you trade/view the market. You seem ...

The brutal truth of day trading

Where I get my directional bias is not from charts alone. If you trade only charts you are at a disadvantage. You may be able to profit from it but personally I like to use fundamentals to confirm my bias, and then look at charts last... But, to ...

Directional bias in trade planning

Yeah I think I have to disagree with OP. Having a directional bias is part of a good trading strategy, it can provide an edge. For example if you have a long term bias based on macroeconomic data and you know that based on certain factors you ...

Directional bias in trade planning

Someone once said that trading is not meant for the pessimist. A lot of negativity in this thread from "certain members." Trying to seem superior/more knowledgeable than others a.k.a arrogance... If what you do works then good for you, there are ...

The brutal truth of day trading

It depends, the most important thing is self-awareness. If you know you are someone who has low self esteem and tends to lack confidence being aware of that fact will help. It's the same with any mental block, you must be aware of it to fix it. Yes. ...

The brutal truth of day trading

Exactly.

The brutal truth of day trading

EGO, depression, low self esteem, all of these are negative emotions that can cause unnecessary losses in trading. Of course some losses have nothing to do with your emotion and is just simply statistics. New traders must learn overtime to overcome ...

The brutal truth of day trading

I try to give people the benefit of the doubt. This forum could actually be such a good source of information for new traders but sadly it's filled with a lot of shit posts.

The brutal truth of day trading

Whatever floats your boat. If someone can find substance out of your incoherent rambling then more power to them... I still don't understand what you are arguing about though. If you don't like AI and Elon Musk you could have just said that. ...

The brutal truth of day trading

What are you even on about anymore... No one was arguing about opinions I was stating facts. You are just arguing for no reason, which is why people think you are trolling. lmao what? Please elaborate I find this highly amusing. This post had ...

The brutal truth of day trading

You are making alot of assumptions/projecting a lot of insecurity about technology in your posts. Your way of communicating is not very beneficial to the overall discussion. You keep talking about a "real trader" or "real world trader" but yet you ...

The brutal truth of day trading

If you believe this then why are you posting on a trading forum...why not go to a gambling forum and post this there and get better at playing blackjack?....

Trading vs Gambling: Which One Is More Worth Your Time?

Exactly, this is called controlling your emotions. Good traders know how to do this, bad traders do not. Emotion is a part of human nature and that is part of the reason why humans are so bad at trading. Eventually AI will take over almost every ...

The brutal truth of day trading

Some people struggle with discipline more than others. Everyone is different. In your case if you have a good risk management plan and you do not struggle with that then good on you, but saying you don't need it is not actually true, you are using ...

why do you need discipline as a trader/investor ?

You can be negative pips and still be % positive, and vice versa. Pips are not a good unit in measuring trading profitability. The reason for this is that each pair has a different range and some pairs are more expensive to trade than others, so in ...

How Many Pips Per Day Is Successful

Congratulations on choosing to start your journey into becoming a fulltime trader. I must say that the journey is different for everyone. Statistically speaking most people fail, the numbers are not exact, but I would say anywhere between 80-95% ...

Trading is this Simple? Finally Explained simple and clearly!