Can someone please... please explain what's going on in the past 2 days with the majors? ALL SM teachings went out of the window, fake M&W, fake TDI signals and divergence, total disrespect of S&R levels. Price action is on crack. It's gone wild ...

M&W-Trading

I think you're right. I'd rather die trying than living with regret.

Can you honestly earn a good living or even get rich through forex?

It's going back to the simple risk and return principle. Higher risk means higher return, no matter what calculation you put in it. They are not the same, but my point is, like Coopa said, in order to get 5-10% profit to possibly cover your living ...

Can you honestly earn a good living or even get rich through forex?

I also came to learn that IF you're serious about making a living out of forex, you simply cannot risk just 1-2% of your capital, especially if your deposit is relatively small. You simply cannot double $5,000 deposit in a realistic time if you only ...

Can you honestly earn a good living or even get rich through forex?

My God Phil! You never made a loss! That's beyond crazy! Who are you? =)

Can you honestly earn a good living or even get rich through forex?

LOL! With all the experts making serious talks about serious stuff, they moved this thread to the Rookie talk section. I personally think this has to be one of the main topics in forex trading to clear up major and common false expectations that ...

Can you honestly earn a good living or even get rich through forex?

COopa, I got a noob question: how do you find the 99 top listed traders in FF? Thanks =)

Can you honestly earn a good living or even get rich through forex?

1) Steve never teaches us how to handle gaps. He only says to avoid weekend trade in order to avoid the gap. Does a huge gap mean a total reset (PF reset and level counting reset)? Like what happens to the 3 majors this week? 2) Guys, please help me ...

M&W-Trading

Wow, that's a very interesting story. I envy your life Phil. Money doesn't create boundaries around it anymore. I just feel life is too precious to be limited by money. Anyway, I can totally relate with your tax man story. I used to work as ...

Can you honestly earn a good living or even get rich through forex?

Dan, SM teaches us that there is a daily cycle with 3 levels, and weekly cycle with 3 levels. As to the truth of these theories, I have not find them to be consistent, and even when I seem to be able to find the levels, my counting are often turned ...

M&W-Trading

To simply answer my own question after reading through excellent points made in this thread is this: NO, unless you have sizeable capital to start with + hardcore passion to go through the gigantic amount of rubbish there is out there about forex ...

Can you honestly earn a good living or even get rich through forex?

Dan, I'm not an expert on this. But you cannot pick just any M or W, whether it happens on Asia channel or outside. In order to understand M & W second leg entry, you have to understand where you are in the cycle first. And this is the controversial ...

M&W-Trading

Thank you so much FX-Trader. I like it very much how we start discussing about SM method. I couldn't find it anywhere else, so you're doing everyone a great favor. I hope you keep doing this. I personally am at the stage to firmly believe that there ...

M&W-Trading

This is the problem I'm seeing with forex trading. Almost every book and gurus advocate the use of static S&R levels. We have more than enough evidence now that it can only work as subjective levels. It is like a limit that your mind want to set. ...

Need help for simple question: Who got the right S&R levels?

Thanks guys for all your contributions. I think everyone can agree that it takes dedication and hard work to survive in this business. Trouble is, you can work hard and still not surviving, because you are supposed to work smart. I spent a good ...

Can you honestly earn a good living or even get rich through forex?

See that's the thing. Never in wildest dream would I trade bigger than 1 lot size, let alone 20 lots. That's just beyond me. How much is your deposit and leverage need to be to trade 20 lots? My highest achievement so far is trading 0.5 lots with 30 ...

Can you honestly earn a good living or even get rich through forex?

That's a very weird assumption you're making. I started this thread to see if you can make a real living out of forex and even get rich from it. The title says it all. I don't think I'm asking for anybody's sympathy in any of my lines. I just wonder ...

Can you honestly earn a good living or even get rich through forex?