Your maths is like this
Are there any successful technical traders? 19 replies
How are these EAs successful for a very long time? 4 replies
Any Consequence for having too many successful traders? 25 replies
How can I find These Values inorder to find resistance and support levels 2 replies
Successful XAU/USD traders 7 replies
Disliked{quote} Ha, your comments and posts, tell me just how stupid you really are, your knowledge on forex trading is beginners stuff and you will never be successful.Ignored
Disliked{quote} I agree with you but the market has largely priced in these events days/weeks prior. we have all seen the market move completely contrary to a positive or negative news event, happens frequently. Most traders are stuck in the past putting too much focus on price action, levels etc.. It's addictive. Something I never see is speculators looking into the future and trading with the institutions.Ignored
Disliked{quote} You miss my point. <== No you miss the point, we are talking about a successful DAY traders, there are none, they are selling and advising, but cannot show evidence. And you don't know any either. AswIgnored
Disliked{quote} I know two. They are both older and have put in the time to learn and understand. One of them briefly had a thread on FF; and then had it removed when the thread filled up with people like you who were more intent on seeing proof and calling people false than were interested in exchanging trading ideas. The other guy makes roughly 10% per month. Has up days and down days. You will no longer find him on FF either. Me: ten years ago in one month I made 240%. I have had a few other months making a few percent, and the rest losing. Recently...Ignored
Disliked{quote} look at that chart or better yet go to tradingview on a 5 min chart and see for yourself if these events are priced in. what is priced in are expectations but news is as much outside of expectations as much as it is within. when the market moves contrary to news it isn't because the news was wrong but because the details paint a different picture to the main headline. take nfp as a very basic example if it comes out at 300k but wages are not only less than the previous month but actually less than expected then price will sell off. if you...Ignored
DislikedI don't know your experience, but successful traders are very hard to find. A lot of guys who seem successful will fail over the long because they use negatively skewed strategies. What's your experience guys?Ignored
DislikedHaving a feel for overall sentiment provides insight into why the market moves like it does. Normally, its not just one thing.Ignored
Dislikedsuccessful traders don't trade 24 pairs , they stick to one or two pairs with maximum impact and consistently low spreads.Ignored
Disliked{quote} How do you know how many pairs successful traders trade? I trade at least 20 of them including gold and oil.Ignored
Disliked{quote} Looking back in my early years, I lost the first 5 years in forum searching for system strategies. My wife gave up in one year after 3 blown accounts and I got stuck here till date. In hindsight, I would suggest a cap of 2 yrs with 100% devotion and then give the f*ck up and move on. After two years, the next phase is atleast 4-6 yrs of continued struggles until you start seeing a sliver of hope in your own self to trade the markets. Just knowledge and understanding is simply not good enough!. And Yes, I would ONLY want to go away from the...Ignored
Disliked{quote} I have not seen or traded via charts since 2012/13. That is how I moved from losing to Breakeven to profitability. Just pure data is good enough for me ..even to trade manually.Ignored
Disliked{quote} I started just over a year ago with technicals and quickly realised it was voodoo magic. Moved onto fundamentals and i only look at charts now after entering a trade to manage the trades. so similar outcome to you and i am currently sitting at 115.3% in 11 months so the evidence is in the results that you just don't need to trade using charts.Ignored
Disliked{quote} I could make over 200 trades manually under 30 mins of good volatile events across 7-8 pairs but everyone is different. I think and act better and faster when there is chaos (even in work situations where data forensics is key to my survival to avoid upward of 100K in penalties. Everything is possible but in essence, I would agree and lean more towards automation. Automation (insteadof EA) is key to replace or control himan emotions. My biggest mistake was to amend myself to fit the system. It will never work. You must find a system that...Ignored