My advise: START WITHDRAWING PROFITS! You are doing great making money. but what is the purpose of making money when you don't withdraw the profit?? Maybe you think you should make millions to start withdrawing money. But think about this: IF you ...

Should I just quit and forget everything or keep fighting?

I fully agree! Right market: Only trade the days without very important news such as ADP, Non Farm, FOMC Minutes, USD/EURO/GBP/CHF Bank rates Trade Cross MA, but wait for a pull back than enter with trade. IF no pull back forget the setup. Manage ...

What really works?

Has anyone worked with GAINSY? I'm checking them recently, for EUR/USD their spread is 0.1 and they charge a 4$ per one standard lot making it 0.5 pip totally. It seems very competitive. I haven't deposited any money with them so I don't know the ...

Best Broker for Extreme Scalper - When Spreads Matter

A wise man said: Enemy to Success: Over-Trading, Over-Leveraging, … Secret is to cut the number of ur trades. Trading is always a CHOICE BETWEEN QUALITY vs QUANTITY ; Be a crocodile = Hunt your pray wisely. Over come getting emotional = Over ...

Developing a Trader's State of Mind

Reason for entrance: TREND = Simply identified by looking @ EMA (12) ONLY! The trick is how to manage your positions correctly.

What is your logic to open a position?

Hi, Yes, still continuing & growing steady but I have decided to not show my progress for a while here to unload the unnecessary stress. I will put trade explorer in the future. Thanks & Regards, Mohammad

Disciplined -The PAMM Account

For a long life trading performance check : perfectofx.com

Anyone making money as an investor in a PAMM account?

I'm totally with TEB on this simple trading. As described before I personally ONLY use a EMA(12) as tool. From these years of trading I have learned that there is no need for any other tool. I simply need a tool to clear the trend for me that's it. ...

Why Simple is better in trading and Complex is not

Thanks. They are the put there manually as a way to see when important news are coming according to FF calender. Red = High impact. Orange = Medium impact. I do this before I start trading. Regards,

Why Simple is better in trading and Complex is not

I use it to put S/L & also to know when profit is enough. For profit: Anything less than ATR(50), I'm not interested. More is OK & isn't fixed but ONLY IF I'm in pure profit & no losses in the book for today. IF there are losses, I will take profit ...

Why Simple is better in trading and Complex is not

Nice Thread TEB. My way of simplicity: ONLY EMA(12) to identify trend. I use MASlope indicator. [Period = 12, Slope = 0]. Its a simple EMA that changes color with slope! (it changes color with trend) ONLY ATR(50) to identify volatility. ONLY EUR/USD ...

Why Simple is better in trading and Complex is not

I've read the thread idea; the risk to reward is tempting and I'm interested. So I've started it today. How to: I will day-trade once per day ONLY London open. Before London open I will decide to trade or not. I'm trading E/$ & Gold. IF I loose 4 ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

The idea is simple but interesting. Thanks for sharing it! You could add these to make it better: One profitable trade per day is enough for me. ONLY trade at high liquidity of day time = London time: 8:00 AM ~ 17:00 Use an ATR to include volatility ...

How do you decide when to enter?

As said by Davit, Trade only real money but start with as low as possible. Move step by step. From my experience forget all those things about indicators. Concentrate on Price Action. Use TA such as Trend lines and Major S/R levels. You could also ...

To be the best

Really enjoyed it!

Great Psychology Lesson

I've learned that Market changes. In lower time frames it changes a lot more faster than in longer times. When it changes If you proceed with the same strategies in time you will go in DD and get out. I believe that in a year range you will be in ...

The Trader Behind the Trade™

Yap, I agree. Trading electronically is very lonely! When in good profit, its like exploding. Your so energetic. When in DD, its like sinking in your mind & thoughts. Having somebody that understands our situation really helps. Regards,

The Trader Behind the Trade™

My new understanding of Market: It's changing all the times. You see I had found some new patterns that were almost 100% correct when they happened! Yes, it worked for around 4 months with this account but than market changed. That's why we as ...

Disciplined -The PAMM Account