I have finally knacked the market. Finally found out an edge.
http://img23.imageshack.us/img23/6647/part1vw.jpg
http://img29.imageshack.us/img29/1980/part2i.jpg
This is on mbt, real live account.
Here is my iq as well.
http://img35.imageshack.us/img35/8544/fuckingiq.jpg
about me: been trading currencies since i was 18, im now 24, so been doing it for 6 years. Im finally getting consistent results. Have an msc in economics.
My system:
Never adding to a winner or to a loser. No fixed tp or stop losses. My philosophy is to get in, and get out when i think it is optimal. I try to preserve capital, so i get out very quickly to minimze my losses. Holding to a losing trade have been my worst enemy for a long time.
Only price action. Not a single indicator, beside bollinger bands. I put very much weight on whether it is trending, oversold,overbought.
Im also taking into account fundamentals. I never listen to any signals, tips on internet. Only following my own ideas on where the price is going.
After 6 years:
all indicators are shit. And no one knows for sure where the price is heading. You can only speculate.
My worst enemies have been having false opinions about where the price is going such as:
it must go down, becuse it is trending down, because...etc, which has harmed my trading.
Instead: you have to be open for all possibilities, like it can go upp or down, however, a higher chanse it is going up,because this and this have happened. With experience, you will interpret,see things more clearly without false opinions and views. This will take experience.
http://img23.imageshack.us/img23/6647/part1vw.jpg
http://img29.imageshack.us/img29/1980/part2i.jpg
This is on mbt, real live account.
Here is my iq as well.
http://img35.imageshack.us/img35/8544/fuckingiq.jpg
about me: been trading currencies since i was 18, im now 24, so been doing it for 6 years. Im finally getting consistent results. Have an msc in economics.
My system:
Never adding to a winner or to a loser. No fixed tp or stop losses. My philosophy is to get in, and get out when i think it is optimal. I try to preserve capital, so i get out very quickly to minimze my losses. Holding to a losing trade have been my worst enemy for a long time.
Only price action. Not a single indicator, beside bollinger bands. I put very much weight on whether it is trending, oversold,overbought.
Im also taking into account fundamentals. I never listen to any signals, tips on internet. Only following my own ideas on where the price is going.
After 6 years:
all indicators are shit. And no one knows for sure where the price is heading. You can only speculate.
My worst enemies have been having false opinions about where the price is going such as:
it must go down, becuse it is trending down, because...etc, which has harmed my trading.
Instead: you have to be open for all possibilities, like it can go upp or down, however, a higher chanse it is going up,because this and this have happened. With experience, you will interpret,see things more clearly without false opinions and views. This will take experience.