20 years ago when I started trading you had sticks and stones. You winged it and rolled the dice like on a craps table. Trading was difficult back then and it still can be even today. There were some really cool ideas though they posted on this ...

What is your edge?

Exactly, flushed along with a few of your blown trading accounts? lol

WD Gann Ebooks

I certainly and strongly agree with controlling the emotions. This is the most challenging hurdle a new trader has to face. You face loses in life all the time, relationships, job losses, sports, unforeseen events. Trading and specifically trade ...

Tricks of the Successful Forex Trader

Crypto, Forex, Futures then Stocks. IMO I'd say Forex when compared to Stocks, simply because I don't feel I could consistently pay bills every month if all i traded was Forex. Still, Forex is without a doubt the best market if you want to learn how ...

Forex or stocks, which one is more risky

When I started out in Forex in the mid-2000's, I was exposed to correlation trading from a mentor. Regardless whether you learn or develop a trading method/strategy with it, the important thing about learning correlations is you begin to get a ...

Another correlation thread

Ganns methodology may be the most complex you'll ever run across in trading. It's fascinating to study, and I know really good traders that use his methods/theories. I look at the astro cycles from time to time and I like the theory behind his ...

WD Gann Ebooks

That's a great chart and very doable. Anything over 60% winning trades consistently and you'll be making money. I've seen this in the gambling world and it can be proven with a coin flip. One person can bet on heads, the other on tails after 30 or ...

what is your optimal monthly growth in % you wish to have?

10-15% a month is pretty good. Yes it sounds low, but if you're consistent it compounds and you can easily double your account in less than a year. If you have a 5 figure account, which is what I'd recommend and what I have, you could do fine. I ...

what is your optimal monthly growth in % you wish to have?

yes, very true. There are some disciplines like in sports where the coach can make all the difference in the world, and even if that coach/mentor taught their student everything they know, the student would never attain that level of expertise. With ...

College courses for forex

That's quite a while, but certainly yes with leverage you can get to that $40k target way before 14 years. And even with the crash and the pandemic those 14 years, the volatility is a lot easier to stomach than the wild swings in Forex. $4k is a lot ...

Stable & safe TREND strategy - 30% to 40% yearly profits

Universities will never teach courses like this. The education system is a business and it is in their interest to continue to profit when people believe they'll make money getting a diploma or degree. The market doesn't care if you have a PhD, or a ...

College courses for forex

Totally agree with most of this and why I've been able to earn consistently and pay the bills. There's clearly an upward bias in equity markets. Even if it's artificially pumped up and propped up with stimulus and Fed intervention, who cares, just ...

Stable & safe TREND strategy - 30% to 40% yearly profits

Yes, relying just on historical performance can get you in trouble. That is why learning how to read trends is absolutely critical. If you were Long and that currency/stock is tanking You either stop and reverse or if you're really savvy hedge. What ...

Stable & safe TREND strategy - 30% to 40% yearly profits

No great post spike. I pretty much agree with what you stated. I have a similar background techy/computer science. We dabbled with proving Fibonacci series even before I saw Fibs used in trading. I use the roulette wheel as an exercise to practice ...

Martingales, Anti-Martingales, etc.

Absolutely correct. I've been trading Forex since 2001 . Nothing has made trading easier today than 20 years ago. Not the charting, software, robots or any technology. The only thing that's helped is the experience and learning what doesn't work. I ...

Is trading really that hard?

It's quite a large drawdown, but I think what you can learn from it is that as long as it's profitable in the end, that's really all that matters. The key is having a big enough account size with very small positions. This is what they don't allow ...

Stable & safe TREND strategy - 30% to 40% yearly profits

Playing with gambling simulators actually helps my trading. I was messing around with the roulette wheel as well to come up with a better money management strategy. I can tell you that with my autotraders, the Mt4 bots that used martingale ...

Martingales, Anti-Martingales, etc.

It's way more than enough, but like I was telling a friend, your risks actually elevate when your account is smaller because you'll almost always over leverage. This is especially true with newer traders. I think with Forex you can go way than ...

Is $100,000 A Decent Capital In Trading?

Short answer, yes trading is difficult and it's due to a whole host of reasons: It's tough admitting when we're wrong. Even more difficult to lose money when we're wrong. We have to adapt to changes and variables we have no control over. We have to ...

Is trading really that hard?

I wouldn't say trading against the trend is necessarily a bad thing or methodology. I think the more important thing to keep in mind and what you should know before even entering any market is what the actual trend is. If you're uncertain, then you ...

Never Go Against the Trend?