Thanx for the kind words...I would like to note I don't agree with your statement about 200 or 2000 dollars starting balance - I think one can succeed even with that starting amount - but of course all the prerequisite conditions have to be met - ...

Is Forex trading worth it? If so, why?

Setting real money goals in this business as a beginner is very dangerous - I believe setting real money goals can only be done after developing a system that works for you. It has been said many times over many years and not just here, the system ...

Is Forex trading worth it? If so, why?

Any "system" which causes trader to take 10 pips profit while SL size is 0.00000000000000000001% larger than profit is not worth testing. Otherwise you would need more than 80% trade success rate over a very long period...In his best days it is said ...

Tony's Two Candle trading system

What this "system" propagates is horrible P/L ratio...laughable - profit 10 pips, stop loss 40 pips - that's beyond a joke. 0 candle patterns, 0 indicators - just "price action"...This is not a system, this is a trading strategy and extremely a bad ...

Tony's Two Candle trading system

Amazing post...and probably a reflection of 95% of wannabe traders who have experience in burning various-sized accounts, like myself. Took me 5 years though...not 11 like yourself - I guess I'm more stable - just joking. Traders fail ...

Is Forex trading worth it? If so, why?

You Sir, are like me! - it took me 4,5 years to to go systematic, using daily chart only - be careful when saying no one really understands how markets work, I saw many wisdom-sellers here that go crazy when they hear that

Why do many trading systems not mention the entire...

Any attempt at trying to understand why the price moved in some direction is usually followed by a burned account. (Ahh yes, the price moved cuz' FED said this and that, and oops next time when FED said the same thing price moved in other direction, ...

Why do many trading systems not mention the entire...

There are many studies about human psychology behind winning and losing - funny thing is the chemistry of the brain is practically the same in both cases. So when one is winning it is the same feeling as when losing. That sounds crazy stupid but ...

All is lost to fear and greed

The absolute truth which explains why 95% of traders fail horribly... congrats on this simple sentence which describes it all!

trading is simple - trading is easy

Who cares why is Eur/Usd going up? - trade your patterns/oscillators/S-D levels. - ask yourself why do you ask that question...

After rate hike, why is the EUR/USD hiking up?

What on God's green earth would incline you to speak of what I would say when asked what is the case for my entry? How do you know what I would say for a given potential market position? - that's all you sellers do here - assume and think all ...

My experience, need trading wisdom

- are you explaining me, and supposing my trading methods? you could conclude that from those 4 sentences i wrote? I'm amazed. 1) market doesn't have "hypothesis" 2) there are candlestick patterns which have 73%+ success rate as reversals confirmed ...

My experience, need trading wisdom

Hello Christian, I have only a few key sentences for you - trading like any other "job" requires you to learn and dedicate yourself. a) learn candlestick patterns - and trade exclusively the more reliable ones - there are not more than 30 basic ...

My experience, need trading wisdom

Thats how Tesla should have called his company. Poor sod

EURUSD

Unrealized bear flag in red circle would push dx above 82,20, in that case I wouldnt look for long b4 1,3160 on eur...

EURUSD

If unrealized, 1,3160 in sight...

EURUSD

Thats the only way of becoming a great prophet...make ppl guess and whichever result u get ~ the prophet was right (since his predictions have 2 meanings at least) note: thats one of the recipes to get rich, come to USA, found a church, make ...

EURUSD

Irrelevant, 1699 much more important...u can drag a multiyear trendline and it ends there...he probably ment after fomc on 17th nd 18th we gonna have a dropdown... reminds me of ajhustler 1789 must be 1689

EURUSD