- Search Energy EXCH
- Varkeer replied Sep 16, 2020
It helps to trade with funds you don't need from a position of stability. "Needing" the money is going to make you take trades you should stay far away from.
5 reasons why you are not making a living from your trading
- Varkeer replied Sep 16, 2020
Humans try to find patterns and meaning in everything. You are focusing on the wrong part of trading. Forex trading is not tea leaves. Don't put much weight into patterns.
Forex is random
- Varkeer replied Sep 16, 2020
You probably want to trade on higher time frames and go for swing trades. Easier to find setups that are forgiving when you are learning how to read charts.
8 Years Later - Still Not Winning
- Varkeer replied Sep 16, 2020
Get in touch with local traders. Great way to get a mentor to help you out.
Successful traders are very, very rare to find
- Varkeer replied Sep 16, 2020
Managing your draw down and setting good stop losses are two of the most important things you will learn. Why 90% of traders fail.
Drawdown: how does it affect your trading and account
- Varkeer replied Sep 16, 2020
Yeah it is possible. Probable is the caveat. I had my best series in a row from the almost six years I have been trading earlier this year. I had 84 trades in a row go my way. I made around a 500% return during that time or more?
1% to 3% Per Day? All things are Possible
- Varkeer replied Sep 16, 2020
I trade while I work, read, play games.
How do you fill your time between trades?
- Varkeer replied Sep 16, 2020
Getting a mentor irl really helped me be a better trader. Having someone to review my trades and bounce ideas off of was the best thing.
What Was Your Turning Point In Trading
- Varkeer replied Sep 16, 2020
Been a pretty profitable trader off and on for the last almost six years. What criteria are you wanting? % return a month? People trade all different sorts of ways. I am a price action trader myself.
Who is the most profitable trader on Forex Factory?