Disliked{quote} maybe he can shorten your journey. He was extremely heavy in volume trading. https://www.forexfactory.com/malcolmb14Ignored
Shortening my journey?
He he.
When I started out with Forex and Binary Options I have made up my mind that will study very hard and bring it to pro level. (That was some 2 years ago.)
My principle is very simple:
If I can not code a strategy into an EA then back-testing, forward testing and run it on demo account for a good time with profit then it is worthless.
I think trading success really depends on discipline, so I see 2 stupid thing in trading:
1. having a proven and good strategy but violating it's rules when trading manually
2. trading a strategy blindly with iron hard discipline without solid proof that the strategy actually works
I never lost significant money in trading and I never will because I have learned a little of basic investment principles.
Traders often called investors yet they really know too little of investing principles. (its not money management)
Eg.: invest into high risk through small risk...
One of my favorite educator says: Think about yourself as a risk manager rather than a trader...
What I know is checking the volume can only make sense when getting data from a ECN broker...
I see you guys are mostly going with price action.
Is anybody profitable consistently already?
If I was trading manually I would use JCP and price action, Indicators based systems will always fail under certain conditions...
Good trading for all.