bumapatria, i will give you some unsolicited advise. you know how your parents tell you to just be yourself? well trade like yourself. I am serious, right now you are in the information gathering, system testing, looking for knowledge stage. this ...

Are Traders Programmed to Fail?

favorite is the fly on the doctor's soup i like this thread, makes me laugh. it is clear that our doctor is not a psychologist, as i have seen favorite, pretty much out psyched him through out the whole thing. i gave honest answers, we ...

Are Traders Programmed to Fail?

had you been trading more discretionary you would have been in the positive. selling rallies today was still viable, although it looks like downside pressure might start losing momentum.

Low maintenance newbee strategy (LMNS)

one last thing............. if you think people here are full of b/s, then ignore their advice. if it makes sense and you want to apply it then do it. you are not paying anyone to teach you i hope. then fade what you see, and stop being so anal ...

Proven Profitable Traders

hey nubcake you are actually correct on your assumptions, yes, according to Average range and volatility one needs to adjust position sizing according to the least possible level of risk. having said that. i have experimented with many different ...

simple and clear advice for new traders, no cryptic teachings

if at any point you do not understand what i am saying or the idea i am attempting to convey please do ask

simple and clear advice for new traders, no cryptic teachings

lets move into money management: one of the things that i have learned is, to always know your VaR. VALUE AT RISK, please research this also research what RISK is, and how to do a RISK ASSESSMENT. it is very important to me to know my 0 leverage ...

simple and clear advice for new traders, no cryptic teachings

some people never understand what i mean when i say, i swing trade using five minute charts. although its very hard to do, my profitability went up, the moment i started using the daily open plotted on my chart as a reference point. you see anything ...

simple and clear advice for new traders, no cryptic teachings

hey kid keep it up this is a great thread url

14 Year Old Forex Trader's Lessons

i agree, that the EURO, cannot be the reserve currency at this time. too much instability. a Reserve currency needs to be dependable, and although the USD at this time seems like a depreciating asset the FED does have the capacity to regulate the ...

Technical Analysis Fallacy

hanover is correct but there is one point i want to add. market knowledge and understanding of the underlying factors in order to profit is good, minimizing loss and maximizing wins is also the FOUNDATION. one confidence is achieved in OUR ABILITIES ...

Are Traders Programmed to Fail?

hey this is getting interesting.............. you see we are all slaves, of course we all realize the top few % of society controls the wealth and assets, the production capacity of a nation, while the workers, give their skills and time to produce ...

Are Traders Programmed to Fail?

first of all i am of the belief that time frames do not exist, candles be it daily, hourly, minute are simple measurements of price movement. usually quoting you the ask. this is a very important concept to grasp. there is no difference between the ...

simple and clear advice for new traders, no cryptic teachings

exactly what i mean, putting the theory into practice, there is no other way. even after i am done discussing my methods and analysis, who ever the information might benefit will internalize it and in order to actually obtain any substance from it. ...

simple and clear advice for new traders, no cryptic teachings

once we are done with the basics on the market structure, what the foreign exchange is, its importance on the world economy and factors that can impact the market. we will move on into how to analyse the market, i personally am a technical trader, ...

simple and clear advice for new traders, no cryptic teachings

how i read the market: if you are really interested in learning to read the market, the first thing i recommend you do is RESEARCH. As a new trader, we try to find creative ways to exploit the market and predict where price will be. pivot points, ...

simple and clear advice for new traders, no cryptic teachings

that is what i have been trying to say except not as eloquent as hanover, but that nails it! insecurity in one's ability creates the fear, uncertainty factor. not focusing on our VAR is what causes people to be caught with their pants ...

Are Traders Programmed to Fail?

i dont think you read my post correctly. the OP posted he opened some long positions. which would be profitable had they been rightly timed. THERE ARE NO TIME FRAMES. i look at price movement, the market found some footing earlier in the week now ...

Low maintenance newbee strategy (LMNS)

nothing against your thread but why long? did you hear the central banks injected USD liquidity into the system? did you know the head of the treasury dept spoke with the ecb today. why would banks need liquidity of USD if not to prepare for ...

Low maintenance newbee strategy (LMNS)