That's just not true Larseg. Focusing on 1:1 without considering the winrate is poor maths. 60% at 1:1 makes a ton of money, if you don't understand that then I'm not sure why you are trading. Again, you're not paying attention to winrate. It's like ...

Risk Reward Ratio is not used for making money

60% is not a coinflip, and yes, 1:1 can be had at 60%.

Risk Reward Ratio is not used for making money

Nothing is free.

EURUSD

This one is gold .

You Know You've Got It Bad When:

It won't take long for a shorterm trader to become rich by hitting 60% at 1:1. So those who fail tend to have personality traits that aren't well-suited to trading? Strategies vary significantly, as will R:R. I'm not aware of there being any rough ...

Risk Reward Ratio is not used for making money

1. It's discretionary. 2. I earned it. 3. I don't want to create competition for my entries. 4. The journey is important. Developing personal philosophy is important. My question to you is why you seem to have an expectation that traders should ...

Why traders don't disclose their methods

It may as well be terminal as far as I'm concerned.

EURUSD

Price action is simply price movement. As for candlestick patterns, a candlestick is just a summary of the price action of a faster timeframe. A candlestick pattern is just a summary of a larger sample of that faster timeframe. The patterns ...

Price Action Trading

Okay, I thought you meant it as a mundane task, rather than something that just comes naturally.

Healthy signs for a trader

Most of these are completely unbearable (I'm a minimalist, and barely tolerate 5 or so horizontals on a chart), but the above is a work of art.

Charts on Drugs or works of Art?

Some position traders are also swing and intraday traders.

EURUSD

More accurately for me would be that it saves me pips (since it temporarily lessens my longterm position).

EURUSD

The official definition of a trader is someone who engages in the activity of trading, or someone who is in the business of trading. I'm sure most people regard the latter to imply a certain level of skill, but I prefer to distinguish between ...

Definition of Trader

I agree with you, but technically we're still in an uptrend. I think it's a little insane to go long at the moment, but that's just me .

EURUSD

I see many uptrends and downtrends on that chart. He's talking about the largest movements you can see on your chart, which is a slice of what we see on the daily.

EURUSD

It looked dodgy before testing any moving averages. On the daily it is through, and on the weekly the best it can do if it holds is to put a great, big, dirty wick through it. Anyway, I believe the better trendline started in April (market has ...

EURUSD

Even ROI (I assume you mean Return On Investment?) isn't enough. Would you prefer 100 trades with an ev of 10%, or 10 trades with an ev of 50%? And again, even that isn't a straight forward comparison, because the fewer trades with the much higher ...

:: Pips are not what counts ::

Not necessarily. I know many people wait for "confirmation", but it is overrated. Good early entries can be roughly as reliable, with the benefit of lesser risk and greater profit. In my analysis, waiting for "confirmation" is actually riskier, ...

Price Action Trading

You will not average 36% a week. I thought that figure alone would've had you asking questions. Leverage isn't used in that way. Take your 12 pips per trade and divide that by the number of pips you risk per trade. Calculate that as a percentage of ...

calculations and confirmation

If you're suggesting price action can't be traded, perhaps you could explain why, or should we just take your word for it? Do you trade successfully?

Price Action Trading