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- Varkeer replied Apr 10, 2021
Yeah, over-reliance on indicators are the crutches of poor traders and delusional fools in most cases. It is a simple thing to trade forex once you understand how to think objectively and understand probability.
Trading is this Simple? Finally Explained simple and clearly!
- Varkeer replied Apr 10, 2021
Had a great year in 2020. Going to start posting updates using my account I am trading to teach a few coworkers. Funded it a couple weeks ago with $2,500 and already made $900, with $480 from 4/9 alone
Should be around $5-10k by June.Profit and losses journal
- Varkeer replied Apr 9, 2021
These people exist. Plenty of professional traders do this. The guy who taught me was a trader from the 80s-00s before he died of a sudden heart attack.
The brutal truth of day trading
- Varkeer replied Apr 9, 2021
Most traders have very little understanding of probability. Once you learn this, imo is the key to really getting near the point of consistent profits in the market.
The brutal truth of day trading
- Varkeer replied Apr 9, 2021
I start off the people I teach at $500 and have them look for simple basic setups for around 1% a day profits to start. For the ones that are less confident or experienced in trading from past experiences, I have those aim for $1-5 a day instead. ...
How Many Pips Per Day Is Successful
- Varkeer replied Apr 9, 2021
It can seem easy. I start off the people I teach at $500 and have them look for simple basic setups for around 1% a day profits to start. For the ones that are less confident or experienced in trading from past experiences, I have those aim for $1-5 ...
Trading is this Simple? Finally Explained simple and clearly!
- Varkeer replied Apr 8, 2021
Yeah, as one of the top traders in the world, I have a few people now at my work that want to learn from me, because I was able to trade $500 last year into over $30k of profit with a 90% win rate. But they try to act like they can do it too with ...
The brutal truth of day trading
- Varkeer replied Apr 8, 2021
If you know how to trade it is not gambling. You don't have 90%+ win rates gambling.
Are We All Gambling?
- Varkeer replied Apr 6, 2021
Why would I waste time on multiple pairs when I trade only one pair at a time based on what is the best trade setup at hand? Of course you use rules for entry and exits. Honestly do you even know how to trade? I have been profitable for now close to ...
The brutal truth of day trading
- Varkeer replied Apr 5, 2021
I love trading. I wish I had $100k to be able to do it full-time.
Let's be honest-do you like to trade?
- Varkeer replied Apr 4, 2021
If you don't know where you are going to exit a trade, you should never get into it.
Why Traders lose money and how to start being consistently profit
- Varkeer replied Apr 4, 2021
Trading is a simple thing, that people ascribe untold levels of accoutrements toward.
The hidden numbers of forex
- Varkeer replied Apr 4, 2021
What is the pair doing? You know because you are watching it move. Easy to see a movement run out of gas when it hits a major resistance point, and on a week to week basis, this is usually around Wednesday. Then you exit the long position as an ...
How do you know when the trend is over?
- Varkeer replied Apr 4, 2021
Lots of us post trades, there's a whole separate board for journals.
Why is nobody willing to post their live account statements on here?
- Varkeer replied Apr 4, 2021
It's possible to make at least $100 a week from accounts under $5k. I have been growing accounts for years this way. Made $24k in three months last year, from starting the year with only $500 at first, then later adding in $500-1k a month and grew ...
The brutal truth of day trading
- Varkeer replied Apr 4, 2021
Because people are able to make better trades with their skill, experience, knowledge etc by placing manual trades.
The brutal truth of day trading
- Varkeer replied Apr 4, 2021
Live off of one paycheck and invest and trade the second one. Been doing this for years, best way to live. No debt, a healthy retirement account, emergency fund, stock account, crypto, dividend stocks, options, and forex account.
Is $100,000 A Decent Capital In Trading?
- Varkeer replied Apr 4, 2021
Yeah this is a good average to set as a goal.
1% to 3% Per Day? All things are Possible
- Varkeer replied Apr 4, 2021
Just stop. If you can't be profitable in six months, it's not going to happen for most people. This is why 95%+ fail.
8 Years Later - Still Not Winning