A very similar article here: url

Most traders fail because of no discipline!

I think Realisation and Discovery mean almost the same thing here. I agree about the breakthrough = when the penny actually drops and you realise what you have been missing.

Most traders fail because of no discipline!

I gave you an example of how an oscillator maybe used in a trending market, even though it was designed for a ranging market. Such as RSI, Stochastics,CCI etc. except for MACD (my preference). It is about finding the alternative way of exploiting ...

Most traders fail because of no discipline!

I did say: They can be great tools to spot divergences on trending markets. Hidden divergence especially, on strong trending markets. Understand what your indcators are actually telling you & what they were designed to do. It's not about tweaking ...

Most traders fail because of no discipline!

I mention natural ability here because there are some traders who can read markets like reading a book. They have an ability that cannot be taught to others. Husain Bolt is one that comes to mind with natural ability, but also with great positive ...

Most traders fail because of no discipline!

Without a good trading strategy, or a natural ability, no amount of desire or discipline will make you succeed.

Most traders fail because of no discipline!

Not necessarily, It depends on how you use them. They can be great tools to spot divergences on trending markets. Hidden divergence especially, on strong trending markets.

Most traders fail because of no discipline!

Absolutely correct.

Most traders fail because of no discipline!

Yes, I have a simple method. It took me a long time to discover it. The saying about 10,000 hours to mastery is very true for me.

Most traders fail because of no discipline!

Risk off environment, stocks fall, USD & JPY rises as money goes to safety. url

What has happened to JPY today?

My own view is that the more complicated you make your trading method, the more difficult it becomes for you to follow it and then discipline to follow the method becomes difficult, if not impossible. You must have a simple trading method that keeps ...

Most traders fail because of no discipline!

Membership / Trader Code of Conduct The best traders approach the markets professionally, apolitically, amorally, waving no flag this is generally how Forex Factory members are expected to conduct themselves on the website. The following code of ...

Most traders fail because of no discipline!

Daily Pivot points, Camarilla levels etc. ............ Until I understood how to draw SR levels myself.

Your trading evolution

Look here: url

I will code your EAs and Indicators for no charge

I think unless you are professing to teach your method of trading there is really no need tp post charts, unless you do it in the trading journals to keep a record of your past trades good & bad. A trading log to learn from & remove errors from your ...

Are you in trouble as a trader?

Stoploss placement is one of the most difficult concepts to grasp for most people. It can't be a set size for all currrency pairs, fixed stoploss sizes or stop placement at the obvious places mean they will get hunted by professional traders. I know ...

The Trader's Academy - by Traders for Traders

The stoploss & targets are set according what the chart tells you it is safe to do so, your lotsize will be based on your atoploss placement factoring in your own risk profile, so with a smaller stoploss your lotsize will be bigger, so as long as ...

The Trader's Academy - by Traders for Traders

Most of the pairs I trade are between 0.5 to 2.0 pips spread max, GBPJPY does often swing around btween 2 - 2.5 pips with my broker. The cost of trading is important as well as the typical daily moves, but more importantly get to know the ...

The Trader's Academy - by Traders for Traders

Thanks for that mod.

MT4 Identifying the Hi or Lo of candle based on time?