I have been reading so much information that I am already confused.
I am currently finishing the babypips school, I have seen some videos in youtube from IML, FOREXIA and KATHY LIEN.
I am also reading the book trading for a living.
and the more I know the less I want to trade.
Has this happened to you?
Nope, I feel like a lot of information is out there to confuse us really, when things are really not all that complicated. Do you have a trading strategy in place that you’re testing out?
Simplify your strategy. Stop day-trading. Look for price that is rising and the 50EMA is sloping upwards and the 20EMA is above the 50, and buy in.
Or use this - this clip popped up on my Youtube page, its from Christopher Lewis, TheTraderGuy and FXEmpire.com.
YouTube
Use the daily chart and add a short-term MA. If the MA slopes upwards, set a buy at the day’s high, set the SL at the day’s low: if the buy is triggered the next day, move the SL to b/e and then trail it to lock in profits as price rises.
I agree.
Actually out of all the free information I found the one that I like the most were the forexia the videos, were they speak about hwo the market makers wanted us confused and making mistakes.
Good call.
Is just that swing trading is too slow for my taste, but I agree that it can be a better way to trade.
@tommor This is great!
I just wish they were 5000 indicators to do this! 
Sometimes Simplicity is the easiest path to success!
KC
There is an awful lot of information out there, and not all of it is required, as in, not all of it works together I concert as all the various possible approaches to trading require strength in different aspects. You sort of need to go through lots of data and information over a period of time, then find your preferred approach, then zero in on the aspects and details which suit you and your style.
The school here on BP is a great place to start, as it is all in there. I go through the whole thing once a year as it helps keep me focussed and centred.
Everyone and his dog says ‘why pay for a course when everything is available on the internet for free?’ Conceptually they’re right, but there is an awful lot of information out there, much of it wrong and much of it contradictory, and yet more not backed up by fact. A self-taught trader has a very long road ahead, with much sifting and experimentation required. And it most certainly is not for everyone.
But if it works, you can earn money to fund your whole life (and the life of those closest to you) with nothing more than a few hours a week and a laptop. Worth a little graft!
I find that the epic effort required to get good is one way that the industry sifts out those who aren’t going to stick and who would just lose their shirt.
So start with the school, do all of it, don’t cut any corners, and see what you think when you’re done. If you don’t enjoy it, or want to rush it as you’re bored, then maybe trading isn’t for you.
ST
yeah eish always my friend comes with new information,and i get more confused
It works for a very small group of people IMO. The rest will either need someone to guide them or a group of trader friends they can constantly talk to / be exposed to.
Unless you’re really driven, it’s hard to keep up that motivation to continue to trade with all the new information, losses, frustration one will experience.