thread: How do I move forward?

90908

First of all, age is only a number. A 16-year old can be healthy to become a trader than a 30-year old.

And no, I am not fucking asking anybody about how to become successful, Im simply asking people about what they have found to be useful throughout their period as traders. You're inclining a lot that makes me see that you did not read shit in this thread.

Very expected response.

Yes, age doesn't matter, as long as you are an adult. You need to at least be one in order to have the ability to handle this type of profession (emotionally, financially, etc).

I am smart enough I've gained enough understanding about forex

Yeah yeah, average answer again.

No you are not and no you did not, or you wouldn't be needing this thread to begin with. Do not give me that the I don't, I was curious BS.

I am not fucking asking anybody about how to become successful, Im only asking people about what they have found to be useful during their period as traders.

And the two are different?

Right.

You're inclining a lot that makes me see that you did not read shit in this thread.

Do not need to read the thread. Got better things to do. You asked a question, I gave my response. Take it or leave it. Since it is the latter (again, as I anticipated ), very good luck trading a real account. You'll need it.

I know I am being tough on you, but it is nothing personal.

Goodbye.

90908

3. Locate a trading system that works and stick to it's rules allways.

Since I am studying, I am only able to check my transactions a couple times each hour. Most systems seem to be predicated on the timeframe, which doesn't match me. Do you know?
Would be great.

90908

Yeah yeah, average answer .

No you're not and no you did not, or you wouldn't be needing this thread to start with. Don't give me that the I do not, I was curious BS.

Yes, I've learned enough to comprehend what could be helpful and what is complete bullshit. I never said I have enough knowledge to trade , so read my article before saying shit that is nor here nor there.

And both are distinct?

Right.

Uhm, yes? The two are different. How dumb if you are to not see the difference? Since I have had quite enough from you I'm not going to bother explaining it.

90908You can't beat the FX market on a regular basis if you don't do it full time. The attention to detail is huge. You need to tend to it with the greatest care for a lot of hours.
Once I was laid off, I traded FX very successfully, because I was able to watch it night and day w/o any interruptions. I got crushed because I flat out could not watch what went on once I started working . The best times to exchange were during working hours, and you simply cannot see the market and work at precisely the exact same moment.
Once I started losing and working, it dawned to me that I needed to shut my FX account.... If I have a chance to exchange time , I'll do it. It is because you're trying to trade and work at precisely the exact same time, among other things if you're losing on a consistent basis. A word to the wise.

90908

You flat out cannot conquer the FX market on a regular basis if you don't do it full time. The attention to detail is enormous. You need to tend to it with the best care for hours.

You mean YOU cannot beat the FX market on a regular basis unless babysitting with care for a lot of hours.

Lowered lot dimensions, wider stops and constant installments and there's no reason he can not make pips swing trading. It's just a matter of adjusting for the timeframe.

I really find swing trading a helluva lot simpler than day to day trading and also a lot less stressful due to there's less at risk per entrance. I will make x amount in 2-3 days instead of 1 day due to the trade dimensions.

90908

You mean you cannot beat the FX market on a regular basis unless babysitting with caution for a lot of hours.

Yes....you have to babysit it. . .lol!!!! The very first time I took a major reduction while attempting to work was once a pair I was trading struck service on a major trend line. If I was on my home pc, I could have seen this service line and I'd have gotten out instantly with good profit. As it occurred I was having lunch, and I couldn't find the trend line on my cell phone's window. That should have served as a warning, however, trade and I was determined to work. We are not even gonna talk about the stress of after a position to the London open (2am CST) and then to the US premarket open (6 am CST). Should you do that a few times you'll be a mess throughout the work day. When I was trading full time...I could capitalize on each 40 to 50 pip run w/ ease no matter what time of day.

Your best weapon in trading FX is patience. If it's possible to outwait the market, you will beat it. I found there were a few times a week which were considered optimal times and I had the luxury of waiting PATIENTLY. I went to work; I found myself attempting to induce in a trade b4 once I started working. Should you force it....you will shed.

90908

You flat out can't beat the FX market on a regular basis unless you do it full time. The attention to detail is huge. You need to tend to it with the best care for hours.
Once I was laid off, I exchanged FX very successfully, because I managed to watch it night and day w/o any interruptions. After I started working I have crushed because I flat out couldn't see exactly what was going on. The times to trade were during working hours, and you simply cannot watch the market and work in the same time.
After I started working...

That makes a lot of feel, but another guy said that trading over the daily tf doesnt require that much screening.

90908

That makes a lot of sense, but another man said that trading on the daily tf doesnt require that screening.

I admire that individual's opinion and I am glad they figured out a way to trade that works best for them.

90908

I admire that individual's opinion and I am glad they figured out a way to trade that works best for them.

Yes, sounds quite nice. . Seems difficult to achieve skill.

I certainly have a lot to know

90908

This makes a lot of feel, but another man said that trading over the daily tf doesnt require that screening.

I look at charts for approximately an hour Every Day. For my first two or three years trading, I saw price movement for eight to ten hours daily, and analyzed charts . This is something you should do, if you're able to. Gradually it tapered off. I come to the charts around 6:00 New York time, go through my currency pairs over the Daily chartenter, exit or stay out, then don't look at them until the following day.