it's not simply a 'piece of advice'. it's actually a LAW. law of inertia or law of momentum or Newton's First law of motion

Why are most retail traders usually on the wrong side of the market?

nice post from joel... sometimes A+ setups get big retracements before getting a big move. sometimes A+ setups get little to zero drawdown. u can also apply "SL to BE" &/or jarroo's free trade approach (see my recent jarroo/joelcf post) in your risk ...

james16 Chart Thread

imho, every trade's risk management can be different. & several factors dictate which one u should use.. factors like location, size of PA setup, price situation (trending or ranging). aside from your comfort level (&/or risk appetite), these ...

james16 Chart Thread

i hope u are aware that harmonic patterns do not always work. any way, that is beyond the scope of this thread.

james16 Chart Thread

Hello kaydara, that is an IPB, not a PB. search for ghous' posts on IPB. (PM him too if u have questions; unfortunately, IPB trading is not a scope of this thread) having said that, that IPB is tradable, IMHO. (IPB + RSI bull.div)

Jankone M5 thread

like any PA setup, some IPBs go 'to the moon' too. in other words, u can trade it as if it were a regular PB -- if possible, leave some position open to take advantage of runs.

james16 Chart Thread

Jarroo's free trade approach:. u take (partial) profit on X amount. then u move your SL (for remaining position) to a value equal to that X amount. if your stop at X is hit, worst case scenario is ZERO loss (because X profit - X loss = 0); best ...

james16 Chart Thread

everydayguid, not necessarily a bad joke. our brain works like a muscle. when we repeat an activity many times, the muscle grows (brain cells make more connections) u can say james16 thread is a mind gym.

james16 Chart Thread

emotions is a problem of ALL traders. we just try to minimize it's effects/influence in us. remember your first day in school? remember your first bike ride? how did u feel? were u confident or were you scared? to battle negative ...

Jankone M5 thread

Hello Adrian, yes, these oscillators will show the same info (we just need to tweak the settings/value). better to master 1 or 2 indicators. avoid using 2 or more indicators that say the same thing. 2 or more indicators saying the same thing DOES ...

Jankone M5 thread

born in 1986? Keep it up Sir

james16 Chart Thread

i may sound rude but my sole purpose is to tell u the truth &/or give u 'a-ha' moment/s -if u really wanna backtest, why stop at 1.5years? backtest further back. -(if i understood what u said...) do u think u will get 90% success probability early ...

Jankone M5 thread

i understand what u are trying to say, but with all due respect, i think your wave count is probably illegitimate. (see jajo's pic; i have mentioned from the onset that i'm open to correction) that wave count u drew is probably your 'personal' wave ...

Jankone M5 thread

Sir fti, there was a recent thread here about Currensee. check it out. Currensee is a SECURITY RISK

Technical Analysis Fallacy

i am 1 of those willing to learn & appreciate your time & guidance in this journey... i do not know what the extent of the problem is, but i fully support whatever u decide to do, Sir. regards

Technical Analysis Fallacy

i share your thoughts about him, Sir.

james16 Chart Thread

jajo, yes, that's why try to stick with the easier stuff first: pinbar + MAs + RSI ( + BB )

Jankone M5 thread

based solely on that chart... price may be at a weekly extreme but that doesnt mean price has to turn. it may, but it does not always do. that chart still looks bullish, imho.even the (July) monthly bar was bullish... price may turn this coming ...

Planetary Cycles Trading (EUR/USD)

why not? scammers are much more dangerous. new traders are MUCH MUCH more susceptible to losing money because of scammers than what u call 'voodoo'. btw, not eating chocolate is 'voodoo' for me. that's the purpose of paranormal stuff -- explain ...

Planetary Cycles Trading (EUR/USD)