It's been a rough couple of trading days, EUR/SGD and CAD/CHF both hit my exit. I see the chart, and I know there is a up and down, triggering both my entry and exit signal. According to my back testing, I should be averaging around 65% win rate. I ...

My path to financial freedom

So after 24 hours of sitting on my hands not making a trade, due to no entry signal, I got into 2 trades, EUR/SGD Buy 1.5094 and CAD/CHF Sell 0.7455. I was unable to get into the trades until this morning, but I like to get into trades around 1 hour ...

My path to financial freedom

My two trades EUR/SGD and SGD/CHF, both triggered my exit strategy, resulting a 1.1 and a 1.2% loss from both the trades. For a total of 2.3, I am still in the green from last week at .2%, I will take it. Go Go Exit Strategy FTW. I made a mistake ...

My path to financial freedom

Friday my system showed that there was a selling opportunity with EUR/SGD. So far today it is in the Red, But if it continues to go down by the end of the day my exit strategy will tell me to cut my losses. This goes with both my pairs. I don't know ...

My path to financial freedom

The EUR/SGD buy was a 1.33 % for 49 pips, for 2 wins in a row. yesterday I found a new set up later in the day SGD/CHF that is Singapore dollar and swissy for a buy. If you haven't noticed by now. I trade the daily time frame, I believe the daily is ...

My path to financial freedom

This morning I looked for opportunities to enter the market, I found 2. AUD/JPY for a buy, and EUR/SGD buy. I checked the charts and found they were good according to my set up. I'm forward testing my new system with money management and trade ...

My path to financial freedom

A trader must understand risk. How much do I as the trader, how much do I risk per trade. It's not always about where you enter a trade, It's about how you exit a trade, its about how you manage the trade. When I enter a trade I know exactly where ...

Why 99% of traders lose money

In my opinion, most traders don't spend the time to learn. Let's face it, trading is a tough business. There is many aspects a trader Must master in order to be successful, the trader needs to master him/herself to control their own emotions. The ...

Why 99% of traders lose money

I totally agree, I've come to learn that its dedication that will make you money in this game. Hundreds of hours I have under my belt on one system, (example) the system I am working on currently is over 150 hours of back testing and forward ...

Why 99% of traders lose money

In my honest opinion, the best way to maintain discipline is to create a system that is robotic in nature. This this system is completely back tested and understood how it operates. It needs to be systematic, emotion needs to stay out of trading. ...

How to maintain discipline

Thank you for this trading method, I believe that long term trading is the best for new traders. It gives them a long time to think about what trades they want and allows them to adjust them as well. Knee jerk reactions when trading is never a good ...

SAFE - KISS