Hi everyone,
I've been (day)trading forex for 15 years now trading only EURUSD in the last few years.
Made all errors in the book (and its cousins) and hopped from method to method. But I never gave up, became more disciplined and eventually gained enough experience that it just had to work.
The reason for this thread is twofold.
1. I find it interesting for myself to have some kind of documentation of my own method.
2. I encountered lots of BS in my education as a trader and would like to offer something different
Apart from trades I take and my view on the market there are things I will discuss for sure:
- how do markets actually operate? How does our brain operate?
- Timing, money management and emotional control.
- The power of channels, volume, VWAP
- Interesting tricks for execution
- Some MT4 custom indicators I developed
- etc.
You will notice while we proceed that I have a completely different view on the markets and trading than what's common. For instance I do not believe in edges, statistics or profit targets. I believe in understanding the market. That is the only edge.
This will all become clear while I proceed. I invite people to ask questions and to give their own feedback.
Ivo
I've been (day)trading forex for 15 years now trading only EURUSD in the last few years.
Made all errors in the book (and its cousins) and hopped from method to method. But I never gave up, became more disciplined and eventually gained enough experience that it just had to work.
The reason for this thread is twofold.
1. I find it interesting for myself to have some kind of documentation of my own method.
2. I encountered lots of BS in my education as a trader and would like to offer something different
Apart from trades I take and my view on the market there are things I will discuss for sure:
- how do markets actually operate? How does our brain operate?
- Timing, money management and emotional control.
- The power of channels, volume, VWAP
- Interesting tricks for execution
- Some MT4 custom indicators I developed
- etc.
You will notice while we proceed that I have a completely different view on the markets and trading than what's common. For instance I do not believe in edges, statistics or profit targets. I believe in understanding the market. That is the only edge.
This will all become clear while I proceed. I invite people to ask questions and to give their own feedback.
Ivo
Trouble lies in what we believe to know for sure that just ain't so.