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techboy46 replied Mar 28, 2017I have the results of my strategy on demo via TE, now you said you dont have a demo account, so to back your claim about those gained pips will it be proper to published it via TE, myfxbook or mql5, not just simple figures or chart or whatever, now ...
Most traders fail because of no discipline!
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techboy46 replied Mar 28, 2017No disrespect on your trading abilities but the only way to gauge extensively one's trading prowess(be in demo or live) is to have published trading results on TE, Mql5 or myfxbook or other know fx social media sites, otherwise it means nothing, but ...
Most traders fail because of no discipline!
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techboy46 replied Mar 28, 2017Having good results in demo is better than no results at all my friend, show me your trading results if you are that good in your trading, look what Eur/Jpy right now it is starting to go back down, 6 months from now you will probably see live ...
Most traders fail because of no discipline!
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techboy46 replied Mar 27, 2017I consider your statement just a plain opinion, because I have a different outlook about trading, yes it is difficult but gambling it is debatable, you cannot be a winner by just being discipline but it is a very crucial aspect in becoming a ...
Most traders fail because of no discipline!
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techboy46 replied Mar 27, 2017LOL, what do you expect in trading that you can always in a green, you got it wronged my friend, you have to understand that the market is not a bed of roses, it is a very rough market and loses will come sooner or later and you got to learn to ...
Most traders fail because of no discipline!
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techboy46 replied Mar 27, 2017Market is always right means that if you buy and price go down then you must accept the fact that you are wrong and market is right, if you sell and the price went up then you are wrong and the market is right, other traders dont accept this fact ...
Most traders fail because of no discipline!
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techboy46 replied Mar 26, 2017I guess under capitalization maybe true to some traders, but there are also a lot of traders that has huge account but still end up losing, extensive knowledge and training at the very start of one's trading journey will always play an important ...
Most traders fail because of no discipline!
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techboy46 replied Mar 26, 2017I think the word designed is inappropriate because market behavior is the result of a consolidated actions from traders all around the globe so no single entity or organization that is in full control of its characteristic and behavior, meaning it ...
Most traders fail because of no discipline!
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techboy46 replied Mar 26, 2017It maybe true,but everybody knows that it is easier said than done, if trading that easy then all traders can be rich by now, it is important that traders knows and understand why he fails so that he can make the necessary adjustment and focus on ...
Most traders fail because of no discipline!
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techboy46 replied Mar 26, 2017Well, the biggest enemy that traders has to face is himself, it is maybe due to the fact that market is very unpredictable at times that one's psychology is really finding it hard adjusting to the market that in the process he makes a lot of trading ...
Most traders fail because of no discipline!
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techboy46 replied Mar 26, 2017@TGS - I think it is calendar days I am not sure about it, 3 months more with same good results then perhaps its time to go live with such strategy, as of the moment my goal is to continue demo trading up to a year to see how it performs.... ...
Most traders fail because of no discipline!
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techboy46 replied Mar 25, 2017For me it is not rigged - it is just too difficult to succeed as a trader, it is one of the hardest(or maybe the hardest) profession in this planet, I can understand that there are a lot of traders think that the business is rigged because they are ...
Most traders fail because of no discipline!
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techboy46 replied Mar 25, 2017I back tested it 1 year of data and it is showing good results but I cannot go further beyond 1 year because as we all know past results never guarantee that it will be repeated in the future, second back testing future data never simulate real live ...
Most traders fail because of no discipline!
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techboy46 replied Mar 25, 2017Trades are not too many in this strategy because it is using the 4hr chart,but it is utilizing 1:1 RR(sometime better) so loses can be easily compensated on winning trades, in trading it is the quality that matters not the quantity, so it does not ...
Most traders fail because of no discipline!
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techboy46 replied Mar 23, 2017That is what trading is all about, survival to the fittest, its make or break kind of thing, if you cannot steer your trading in the right direction then you will definitely be a loser in the long run....
Most traders fail because of no discipline!
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techboy46 replied Mar 16, 2017Its a new strategy I develop actually, I have other real accounts though I have not published here at FF, nothing really special in this strategy, its pure technical in nature, trade with the trend in the 4hr chart, use money management at 3% per ...
Most traders fail because of no discipline!
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techboy46 replied Mar 16, 2017Trading maybe a zero sum game, spread and commissions are being paid by traders but it is what it is guys, this is trading all about, but as long that you always stay in the winners circle you will still come out profitable, so this should be the ...
Most traders fail because of no discipline!
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techboy46 replied Mar 16, 2017Maybe it is not really an exact zero sum game because there are more losers than winners so somebody's pocket will get fat in the long run,plus the brokers get the spread and commissions...its the losing traders that are feeding money to the winning ...
Most traders fail because of no discipline!
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techboy46 replied Feb 26, 2017Trading is a very tough nut to cracked, you have to handle the technical and psychological aspect at its best all the time, one wrong move can ruined everything, that is why consistent success in trading is hard to achieved. A good trader dont need ...
Most traders fail because of no discipline!
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techboy46 replied Feb 22, 2017Win rate,RR and draw down in one's strategy are very dynamic in nature, nothing is fixed but at least you have an idea how good the statistics on a particular strategy, "embracing losing trades" are different from "facing loses upon loses", if a ...
Most traders fail because of no discipline!