its just a question.
because not many new people can trade like that live.
so if you actually look all those trades live you are doing better than 99% of all the other visitors on this site.
you are doing better than most veterans actually on this forum who've been trading 2-3 years and still don't get it.
PA, S/R, ZL, EXTREMES & MOMO
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It is easier to make money in Futures than it is to make money in Forex.
In my novice years I started getting my ass handed to me trading outrights so I switched it up and hedged with options before trading nothing but options (they are that fking awesome!).
Later I would learn about spread trading (seasonals are not my thing) and how they reduce overnight risk + are great low(er) risk trades with little margin.
All I am saying is that I didn't pick up trading outrights again until my 9th year as a trader. People need to find the right vehicle for their methods and level of experience.
I suggest that anyone with $10,000 trade options
Anyone with $2000-$5000 spread trade mini contracts
All who are broke/gods stick to Forex =)
In my novice years I started getting my ass handed to me trading outrights so I switched it up and hedged with options before trading nothing but options (they are that fking awesome!).
Later I would learn about spread trading (seasonals are not my thing) and how they reduce overnight risk + are great low(er) risk trades with little margin.
All I am saying is that I didn't pick up trading outrights again until my 9th year as a trader. People need to find the right vehicle for their methods and level of experience.
I suggest that anyone with $10,000 trade options
Anyone with $2000-$5000 spread trade mini contracts
All who are broke/gods stick to Forex =)
MO, What kind of options are you talking about?
MightyOne wrote:It is easier to make money in Futures than it is to make money in Forex.
In my novice years I started getting my ass handed to me trading outrights so I switched it up and hedged with options before trading nothing but options (they are that fking awesome!).
Later I would learn about spread trading (seasonals are not my thing) and how they reduce overnight risk + are great low(er) risk trades with little margin.
All I am saying is that I didn't pick up trading outrights again until my 9th year as a trader. People need to find the right vehicle for their methods and level of experience.
I suggest that anyone with $10,000 trade options
Anyone with $2000-$5000 spread trade mini contracts
All who are broke/gods stick to Forex =)
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adaseb wrote:its just a question.
because not many new people can trade like that live.
so if you actually look all those trades live you are doing better than 99% of all the other visitors on this site.
you are doing better than most veterans actually on this forum who've been trading 2-3 years and still don't get it.
As I was lurking around this and many other forums the one thing that people have in common is making things too complicated and technical. The other funny habbit is constant changing. As soon as someone sees other trader trading "successful" he changes everything from trading plan to charts colours There's absolutely no way to master anything that way.
As I see it. Trading is more about the abbility to make independent decisions. As MO said: "Making observations and trading them boldly". That's the main reason why there are so few winners. People don't like to think for themselves.
Take Dragon33 for example. On his path he was trading 2 maybe 3 different strategies successfully. All of those strategies were based on some ideas that he grasped and fit inside his own visions/observations.
TRO - Another story. Totally independent point of view.
Offtopic as s**t
Back to me. Don't get me wrong adaseb. Those last trades yesterday were easy ones. Im not killing the market like that all day long. Alhough Im going forward with my money but as I said I'm trading for "quite some time"
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inprogress wrote:FROM M1 with TP:
Finally TP hit +24
Done for now. Need to eat a breakfast
good job.
now try and do it on a live account.
you will find that even though your method and market is the same for some reason it will be much more difficult to make money with a live account.
i am not picking on you, i just want you to cut your learning curve.
one way to do that is to trade it live with real money.
you will not learn anything looking at charts in hindsight or trading demo, period.
i wasted pretty much an entire year on backtesting and looking at other charts that others post, and i didn't learnt squat.
most of my success came from just staring at the charts 16 hours a day, all 3 sessions and observation.
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adaseb wrote:inprogress wrote:FROM M1 with TP:
Finally TP hit +24
Done for now. Need to eat a breakfast
good job.
now try and do it on a live account.
you will find that even though your method and market is the same for some reason it will be much more difficult to make money with a live account.
i am not picking on you, i just want you to cut your learning curve.
one way to do that is to trade it live with real money.
you will not learn anything looking at charts in hindsight or trading demo, period.
i wasted pretty much an entire year on backtesting and looking at other charts that others post, and i didn't learnt squat.
most of my success came from just staring at the charts 16 hours a day, all 3 sessions and observation.
im done
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