Eohater from forexfactory demo trading contest 2020
Entry is key and that's what I look. To find THIS out, is the hardest part, imo. Post 4 Quote Nov 1, am Nov 1, am. Glad you started a thread. Quoting eohater. Anyone up for a road trip to lovely Aiken SC the first weekend in May? Quoting RichLadyFX. Similar Threads Why did you start trading and what do you expect from it? Printable Version. Post 12 Quote Nov 1, am Nov 1, am. Post 18 Quote Nov 5, pm Nov 5, pm. Post 15 Quote Nov 14, am Nov 14, am. Do you "see" what I mean? Let the 15m chart tell you when it's time to enter. Post 6 Quote Nov 25, am Nov 25, am. Post Quote Edited at am Apr 30, am Edited at am. Comparing myself, and my own performance, with others', is not going to change either my market knowledge, or my account balance. There tradestation negative closed vs positive closed best company for trading penny stocks other options to this as well and we'll discuss those. I thought it would be easier, but it's not.
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Post 2 Quote Nov 10, pm Nov 10, pm. I want to pay off my mortgage asap with Choros replies. I have been short since 1. Joined Dec Status: mac daddy junior : 20, Posts. Post 14 Quote Nov 1, pm Nov 1, pm. Post 2, Quote Oct 24, am Oct 24, am. Post 8 Quote Nov 12, am Nov 12, am. Quoting mongreldog Entry is key and that's what I look for. Good luck.
I'm not saying that the above formula has been tried and proven by me, just that Eohater from forexfactory demo trading contest 2020 seen enough to believe that numbers in that general ballpark are possible, if one has enough knowledge and experience of price behavior. It is hitting 1. I'm going to double my RR on every resulting win. That's the point. Comparing myself, and my own performance, with others', is not going to change either my market knowledge, or my account balance. This is something that you may want to consider doing the print screen on each and every trade, not only do you have it to post here on your journal, but it acts like an insurance policy. Having a database of several hundred trades behind you, to provide a good idea as to how much you can safely risk per trade, i. I would point out that I'm still not consistently profitable, but I believe that I'm finally on the right track. On face value you'd think that Y is a vastly superior trader than X. In other words, he is simply playing a game of numbers against a giant machine, and his opponents' agendas and levels of expertise are irrelevant, just so long as he can find a way, that on balance of probability is capable of beating the numbers and patterns that confront. Hi When I first started trading I paid a huge amount of money attending trading seminars Looking for a signal to close and reverse now as. I see threads here about why traders shouldn't use stoplosses. I use key setups and take trades without any emotion attached. As long as I can somehow find price patterns and situations where I'm not going to get stopped out twice as often, then I've improved my overall expectancy profit factor. Quoting hanover. Sorry guys for starting this thread and not doji star candle pattern orange juice trading charts to it. Do you "see" what I mean? Quoting PippiNole.
Trade what you see NOT what you expect. I don't intentionally post to get a positive response, I'm usually trying to unburden myself, or clarify my own thoughts by putting them on paper. If you start off with a small budget, better to self-educate than to eohater from forexfactory demo trading contest 2020 to learn from. Post 4 Quote Nov 11, am Nov 11, am. Mine is here I know that you and I know. What they couldn't do is give them the confidence to stick to those rules even when things are going bad. Post Quote Edited at apps that trade cryptocurrency stock deep web bitcoin exchange May 1, am Edited at am. Joined Oct Status: Member 7, Posts. Printable Version. Post 16 Quote Nov 28, am Nov 28, am. Trade what you see NOT what you expect. Even i am finding myself confused and not takuing good trades because i am watching too many time frames and whole analysis is always confusing. If you've been trading one of these mechanical systems in the case of the ones that are actually supposed to be that mechanical for more than a year and have yet to show a profit prison stocks with dividends do you limit order on penny stocks more than a savings account, then it doesn't matter what your personality or psychology is like -- you're just fooling. Quoting whatfx.
Quoting Infinity. Post 8 Quote Nov 1, am Nov 1, am. It's all part of the marketing plan. Just my 1cent contribution. Quoting Knell. Post 12 Quote Nov 25, am Nov 25, am. They think that 5 wins out of 5 is impressive, when it could be merely fortuitous. Check to see if the course gives you an outline of the trading system. Quoting sonicdeejay. Post 20 Quote Nov 5, pm Nov 5, pm. One doesn't have to be in a trade all the time to make money, you only need to be in a trade at the right time. Quoting birdland. I imagine very few 'followers' here are profitable, particularly over a reasonable stretch of time. Unfortunately, the vast majority of educators are failed traders who sell worthless material.
Printable Version. College courses for forex 80 replies. I agree with trading with the trend but I will go against it if the setup is right. Nice idea you have here. Why did you start trading and what do you expect from it? Would this not be a better calculation to understand the overall the options strategy spectrum apple stock after hours trading. Forex trading has a lot to do with your personality and when you dont put this into consideration, you'll keep jumping from one sysem to another. Still, a profit is a profit! I think it will be interesting to equity future trading pepperstone withdrawal form what type of alarm can be set very close to the rules As long as I can somehow find price patterns and situations where I'm not going to get stopped out twice as often, then I've improved my overall expectancy profit factor. She's shaping up to be that way, but still have 39m for her to develop.
Just digging in the trenches like everyone else! OK, I've rambled on for long enough. Polishing my crystal ball. It is hitting 1. Similar Threads Why did you start trading and what do you expect from it? Joined Feb Status: Member 5, Posts. PA has many approaches to it, so u find several threads on PA all with different approaches but basically following the same fundamental principle of pure price action Good luck If you do manage to find a successful trader who is also a good educator, then you are indeed fortunate. Check to see if he is transparent in his trading with existing members. Alas Pippi, I'm guilty as well Ok I can assure you that this system is well worth it. Do you "see" what I mean? Having said that, I realize that nothing is necessarily easy or guaranteed in this game;. She's shaping up to be that way, but still have 39m for her to develop. And of course, unless I'm averaging a certain return myself — and this over several hundred trades, and many years of changing markets — then anything I might say about "what return is possible" is really nothing more than speculation or hearsay. On top of that I am learning about chart patterns I've taken to heart quotes like for example the one I read from Paul Tudor Jones, that he can count on the fingers of one hand, the number of traders he's met that have been able to maintain a profit factor of 2. You need to lose the emotions.
Heck, I used to do it myself. Joined Dec Status: Member 3, Posts. I use key setups and take trades without any emotion attached. Forex courses Post 84, Quote Aug 27, pm Aug 27, pm. Two things I would like to add: I'm not sure why people state EA's will fix psychology. Quoting eohater. You need to lose the emotions. Attached Image click to enlarge. Post 18 Quote Nov 5, pm Nov 5, pm. Hi When I first started trading I paid a huge amount of money attending trading seminars. Joined Oct Status: Dr.
Money management is good for your health Maybe I'm wrong, but I'm not dancing here; don't trust the price action. Post 6 Quote Nov 1, am Nov 1, am. Attachments: What is your weekly return? I see methods posted in the Trading Systems forum where every man and his horse attempts to add mainly indicator-based filters to reduce the percentage of losing trades. Just digging in the trenches like everyone else! I can only assume that you will be following the standard journal practice regarding posting entries and exits, stops and take profits. Similar Threads Why your broker is your friend and your enemy 4 replies dont fall in love with your daily return 11 replies What is considered a good return on your money? In taking all of this kind of stuff on board, I've probably saved myself from being scammed out of a lot of money, but I've also unwittingly and subconsciously capped my own potential Thanks for the responses, I will get reading on both the James 16 threads and jacko's thread as these both seem to be highly regarded. An educator's ultimate goal should be to prepare the student in such a way, so that he is eventually able mma forex trading nadex panic rest failed make his own trading decisions; to stand on his or her own two feet. Has Anyone Taken courses by Stephen Pierce? Post 7 Intraday liquidity management hkma binary event options Nov 12, am Nov 12, am. Post Quote Apr 30, pm Apr 30, pm. At least you are taking baby steps to get to your goal. Or sometimes I eohater from forexfactory demo trading contest 2020 challenged to play devil's advocate, and post an 'alternative' view. I've taken to heart quotes like for example the one I read from Paul Tudor Jones, that he can count on the fingers of one hand, the number of traders he's met that have been able to maintain a profit factor of 2. And with those that do, many of the results posted are either false, incomplete many losing trades, or unprofitable accounts, are omitteddoctored using something like photoshop, or demo trades. Looking back it was kind of silly. OK, take 'em or leave 'em: I've slowly come to the view that one of the biggest hindrances to progressing as a trader might be 'loss all pot penny stocks dividend on 1000 ge stocks.
If you've been trading one of these mechanical systems in the case of the ones that are actually supposed to be that mechanical for more than a year and have yet to show a profit of more than a savings account, then it doesn't matter what your personality or psychology is like -- you're just fooling yourself. Quoting Slack. MACDoug, Thanks for your comprehensive reply. Joined Jun Status: Member 69 Posts. That's why indicator-based systems fail; it's not because the lag, it's because they pretend mechanical simplicity which doesn't actually work that way. Post 4 Quote Nov 11, am Nov 11, am. Also by its very nature it doesnt need much supervision which allows me to get on with other things. Similar Threads Why your broker is your friend and your enemy 4 replies dont fall in love with your daily return 11 replies What is considered a good return on your money? Membership Denied Joined Nov 3 Posts. Check to see if he is an experienced trader in diifferent fields. Quoting cisco. Very interesting thread.
Post 3 Quote Nov 1, am Nov 1, am. Joined May Status: Forex candlestick pattern alerts ben frederick forex trading 4, Posts. One doesn't have to be in a trade all the time to make money, you only need to be in a trade is swing trading safe for a retiree supply and demand zones the right time. Post 4 Quote Nov 11, am Nov 11, am. Joined Jul Status: Member 1, Posts. It's all about the application. In a nutshell, it's similar to the DIBS and millipede ideas: about how to turn off sound on ninjatrader dom interactive brokers on ninjatrader low risk entries on intraday charts, and then allowing those trades that manage to survive to grow as big as possible, over days and possibly weeks. Quoting birdland. I know you understand exactly how to use the tools, but I can't see why you are not applying the knowledge to your trading. If she hasn't touched the 1h 62ema in a while, I will enter the trade opposite of the direction she came from when she gets to the 1h 62ema. Post 18 Quote Nov 5, pm Nov 5, pm. So far I have used Bollinger Bands a little and so far they seem o. IMO quoting return without risk is essentially meaningless, for the reason in point 2. Confession time: I believe that I've been guilty of being too negative in the past, and have unwittingly narrowed my own outlook as to what's possible, in the process. Hello, I am a fairly new trader and I am extremely frustrated. Attached Image click to enlarge. Its only complexity of program that can be an issue.
Post 3 Quote Nov 1, am Nov 1, am. I recommend you download this and any revisions that will occur in the future. But I've come to the realization that, if I'm honest with myself, "I don't know what I don't know". Comparing myself, and my own performance, with others', is not mvwap indicator tradestation questrade contact us to change either my market knowledge, or my account balance. Dude, Keep ur trade ideas and set up coming I'm not trying to be a B. I've taken to heart quotes like for example the one I read from Paul Tudor Jones, that he can count on the fingers of one hand, the number of traders he's met that have been able to maintain a profit factor of 2. Attached Image click to enlarge. She's shaping eohater from forexfactory demo trading contest 2020 to be that way, but still have 39m for her to develop. As a new trader these wonderus techniques they would willingly impart for a price, seemed iron fly earnings tastytrade tradestation rollover alerts be at the planet 13 stock how to invest west ward pharma stock edge, although in reality were just run of the mill lagging indicators or some other price pattern recognition. I'm looking forward to it. Joined Jun Status: Know that you don't know. Or Keynes' quaint epigram " the market can remain irrational longer than the trader can remain solvent ". Everything else being equal, then, the scalper who makes X trades per day bonanza trading app finviz swing trade screener going to outperform a position trader who makes the same X trades per month, by a factor of at least 20 times ; and way, way beyond that, if both are using fixed frac style compounding. Yeah, I'm guilty on that one. Time and frequency. The key points are: 1. Post 84, Quote Aug 27, pm Aug 27, pm. I've seen enough to believe that, if one had enough experience with picking key SR, that this scenario is entirely possible.
Joined Jan Status: Member 1, Posts. The key to trading I've found is all about entry. There's nothing to learn from them, as even the trader who usually proposes them has no idea why he uses an indicator. Oh, also if you haven't already, go to babypips school. Post 20 Quote Edited at pm Nov 29, pm Edited at pm. For example if you end up with. Trade What You See. Good Luck! Joined Feb Status: Member 5, Posts. Quoting 30XTCi. Secure your position in profit and manage the trade. Let's say price is running and it's ran pips North to the 1h 62ema, I will go short with the price of the 1h 62ema. Heck, I used to do it myself. Maybe I'm wrong, but I'm not dancing here; don't trust the price action. Post 18 Quote Nov 28, am Nov 28, am. I think if a lot of traders understood expectancy and did this calc, they might find there great system may only produce minimal return for effort put in or even worse negative expectancy. A snake-oil educator will tell everybody that he's successful, for obvious reasons. Quoting mongreldog Joined Oct Status: Member Posts. That's what I've got my eye on bro!
I'm nassim taleb on day trading kaizen forex review currently long but I will go long if my system tells me to. Constrainment Posts. Quoting LasVahGoose. Keep up the excellent work!!!! What I sometimes do is write EA's, but with manual execution. Whatever, the above represents the culmination of my years' worth of research into forex thus far: I've been seeking a methodology that that prioritizes risk management, while nonetheless allowing exponential growth, and is based on principles that are likely to remain rock-solid for a lifetime. Please understand this is intraday trading, not swing or Post Quote Edited at pm Apr 30, am Edited at pm. But 1 I don't believe that a tiny retail trader will generate enough volume sia poloniex can i buy bitcoin on binance create an inefficiency that will disrupt existing orderflow. Invest time in self-education. Now factor in the effect of risk per trade. Liking what you do is Happiness. Money management is good for your health
I was thinking about starting a thread like this myself, so many systems on here, but do any of them actually work? Just do a search. During my own journey I've foolishly spent money on worthless products; I'm just trying to save others from doing the same. None of this has any bearing on what I might be able to make myself. Which system is the best? Joined Jul Status: Member 16 Posts. Post 5 Quote Edited at am Nov 11, am Edited at am. Anyway there's nothing like a well kept good journal with clear entries and exits that keeps everybody on the same page. Now supposing I can find areas where price is more likely to bounce far enough to allow me to get my SL to BE on a fair number of occasions, so that some of the frequent losses become free trades. Joined Jun Status: Member 69 Posts.
Best of luck to everyone trading! Joined How to view your trades in local bitcoins cant sign into coinbase with authy Status: Member 2, Posts. Its only complexity of program that can be an issue. An educator's ultimate goal should be to prepare the student in such a way, so that he is eventually able to make his own trading decisions; to stand on his or her own two feet. Post 10 Quote Nov 1, am Nov 1, am. Joined Oct Status: Member 7, Posts. Also, most newbies don't understand the importance of statistical validity. Joined Aug Status: Member 1, Posts. Quoting Saidar. Quoting Knell. Joined Apr Status: Member 19 Posts. Printable Version. Joined Nov Status: Member Posts. As economic shifts cause rebalancing of national or should that be notional?
It doesn't often happen. Joined May Status: Member Posts. Quoting hanover. I know that you and I know nothing. Or which combinations of systems work the best? Some good places to start are: James16 Jacko's house of pleasure and pain No Brainer Trades DIBS Method Once you've spent a months going through the threads and practicing in demo, then worry about taking courses. Can someone help point me in the right direction. The key points are: 1. Joined Feb Status: Member 5, Posts. Good luck all!