Could I asking a question? How to post my charts/Attachment from the forums? Thank for assisting
Could I asking a question? How to post my charts/Attachment from the forums? Thank for assisting
This sound exactly like the way I felt in the past. I understand how you are feeling and it sucks. I really could write a book about it but do not think I've enough time to. The publiion I love the most is 'Reminiscences of a Stock Operator. I hate reading so I have the book on cd and hear it quite often even if I'm not entirely focused on it and doing different things but it's still getting in my brain sort of like the dude that wants to stop smoking buys a cd and listens to it if he is sleeping#8203; lol.
One key that took me a lengthy time to comprehend is let the winners run and cut your losses short. I understand how difficult it's to know however that is the key. If you can do this, it will really help you especially in the event that you can figure out which way price should proceed and start your transactions at the right moment.
By reading what you said if you always want to check your trade you've got available, is it due to opening too big of a position? When you would like to start a trade, consider opening one that is half of the size you would like to start.
Hey Jenn... I totally understand how you are feeling by being overwhelmed by trying to learn how to exchange. There's basically unlimited information out there particularly now with how the internet functions, and at least 80 percent of the info is crap. Do not rush yourself believing you'll have the ability to master it over night. #8203;
I tried using indiors and EAs and using all of the fancy stuff I could in my charts to learn trading. There are a number of people who can use indiors along with other items in their charts to earn money at this. After attempting this indior and adding this indior to a chart then deleting them to try to use other indiors, I started looking at price action and patterns. I researched and researched everything I could on it. I got to the point where I deleted all of the indiors off my charts and only watch price action. So when you say you are so basic because you are simply analyzing candlestick patterns, maybe that is the very best thing you could do I've been trading for approximately 12 years. I don't any indiors, maybe a trend line now and then with a little Fibonacci, but that is it. Because I really don't have anything in my charts and I watch them quite a bit, I'm still studying candlesticks and price action. Practice makes perfect...
Jenn, do the exercises I posted a couple of pages back.
Can 50-100 charts, different markets, different timeframes.
What happens prior to the huge moves in any market?
What happens after a big move?
Certain patterns have a tendency to set up in this game time and time again, but they are not always easy to see, but a lot of them they're there...
Hello
Thank You for this thread. I'm extremely new to this and I have been reading a lot but believe Im still going in a thousand different directions. I've been studying candlestick patterns thats how basic I'm at this point which I feel great with at that moment =-RRB- . I've been trading a few with 60 sec binary such as 5 decimal etc and studying quickly this isn't where I want to be to earn a living for this. Right now I feel overwhelmed but I'm determined to learn as VERY new beginner can you place me in the ideal direction or offer any guie? Even if its I must throw in the towel now lol
Thanks beforehand!
Welcome Alex.. . I have discovered, at least with my method of trading that much less indiors are better for me personally. The cleaner that the chart is, its easier to find out what is happening. #8203;