Nice first post

20% per month. Is this possible?

Haha, u r welcome. Ref fundis I actually switch news off, radios etc, cos they skew my pa trading. I use the monthly / weekly charts to trade the lower tfs with absolute confidence. I can see the trend reversals easily that way.

How do I move forward?

Aaron, I think we are on the same page buddy, I greatly respect your views BTW. I am so laid back now I don't give a fig about fundis (I have studied it in depth, enough to know I don't need them), nor about what the biggest money is doing, the ...

How do I move forward?

Thanks Marv, that is exactly what I meant, even the big money (bank traders etc) are at the mercy of the biggest money, I have no idea what the "biggest money" actually is but I know it is there and it manipulates the market.

How do I move forward?

you will go far — Well said, trading profitably is about confidence, the confidence to hold trades when the big boys games get silly; their job is to fake us into trades in the wrong direction or scare us out of trades we know are right, you ...

How do I move forward?

It was most likely ignored because for some of us the exact same thing could be said for pa, trend analysis and support and resistance, forget the rest. LOL

How do I move forward?

I am with you dddd, great posts, vouched, timeframes ARE CRITICAL and as such can be traded mechanically.

Illusion of Time(frames)

Agreed, "hope" is a dirty word, there are good trends and bad ones, work out the difference and you are sorted.

How do you distinguish a retracement from a trend reversal?

Brilliant advice, just add swings and cycles into the mix and you will know when a trend on any given timeframe is over. Every retracement has its own valid trend. What I mean to say is, "trends work on EVERY timeframe", take that to the bank.

How do you distinguish a retracement from a trend reversal?

I disagree, if you study TA and PA for long enough you certainly DO NOT have to rely on money management and 3-1 reward risk to be profitable. You absolutely can learn what price will do. The people who think TA only works 50% of the time have no ...

20% per month. Is this possible?

Very good advice.

What indicators to use?

Lose all the indicators as soon as you can and concentrate on horizontal support and resistance with trend analysis.

What indicators to use?

Naked trading works just fine for me, it took me years to dump all indis but now they are just a distraction. You just met the wrong naked traders.

What indicators to use?

Great advice, I wish someone had given me that advice 4 years ago LOL, thanks.

I fail again and again and bite the dust

Very nice post, thanks

I fail again and again and bite the dust

There are loads of them Jin, SR and trend work the same way whatever timeframe you trade.

What did you change to start being profitable?

I mainly watch au, eu, uchf, ucad sometimes I add gu and usd/sek all I am really looking at is the usd and looking for the best pair to trade on the day. Gaps between SR levels.

What did you change to start being profitable?

thought provoking thread, great — It is amazing how much you forget about what changes were useful until others mention them. Slow down was a great one, that worked for me also. Not thinking in terms of money helped me alot too. Add to my ...

What did you change to start being profitable?

Cheers Jin, in the spirit of the thread, another thing I changed in order to become profitable was to stop believing that I had to find trades with a 2-1 or even 3-1 reward risk, that's another load of boll***s spewed by people that cannot think for ...

What did you change to start being profitable?

We are retail traders, why compare what we do with huge funds? I see no point risking 1% and holding a trade for days and days or weeks even just to make a measly 2%-5%, why not risk 1% per trade and make 5 or so trades per day? When you get good at ...

What did you change to start being profitable?