Traders-
I was PM'ed by several Forex Factory members who wanted to know how I trade. This post is an attempt to shed some light on my methodology I started trading forex 9 years ago and struggled for many years. I tried a lot of indicators and Holy Grail systems. As long as I used indicators, I struggled. The struggle stopped when I started trading using pure price action and nothing else. For past many years, I have averaged 10-30 % a year trading about 4-5 hours a week. This year is a major year in my trading career, as I am getting ready to focus full time on trading.
So, why do I want to start a another thread? For one, I am indebted to several members here on FF who have taught me many things I know and I want to contribute to the community and help those who might be struggling with their trading and want to improve their results. Secondly, I cannot monitor all the markets in all the periods at all the time. Therefore, I am hoping that by making this thread interactive, I can encourage people to post their setups and we can all benefit from collaboration. Thirdly, I want to be able to share my trade explorer with the new traders and show that retail traders like us operating out of our living rooms can beat the market consistently and profitably.
I want everyone to be able to contribute and post his or her setups. I am not always online but I will try to read every post and share my thoughts. I am excited to start on this journey. This is going my first year trading for my own account full time and I am so pumped up!
I was PM'ed by several Forex Factory members who wanted to know how I trade. This post is an attempt to shed some light on my methodology I started trading forex 9 years ago and struggled for many years. I tried a lot of indicators and Holy Grail systems. As long as I used indicators, I struggled. The struggle stopped when I started trading using pure price action and nothing else. For past many years, I have averaged 10-30 % a year trading about 4-5 hours a week. This year is a major year in my trading career, as I am getting ready to focus full time on trading.
So, why do I want to start a another thread? For one, I am indebted to several members here on FF who have taught me many things I know and I want to contribute to the community and help those who might be struggling with their trading and want to improve their results. Secondly, I cannot monitor all the markets in all the periods at all the time. Therefore, I am hoping that by making this thread interactive, I can encourage people to post their setups and we can all benefit from collaboration. Thirdly, I want to be able to share my trade explorer with the new traders and show that retail traders like us operating out of our living rooms can beat the market consistently and profitably.
I want everyone to be able to contribute and post his or her setups. I am not always online but I will try to read every post and share my thoughts. I am excited to start on this journey. This is going my first year trading for my own account full time and I am so pumped up!
Its all in the mind.