Hi All
My name is James and I’m a forex trend follower.
I live in south africa durban. I have been trading for the past 5 years and blown two accounts. At one stage I quit trading and thought that I will never have a positive account until I developed a system called simple trend following.
I join Babypips today just to share what I have discovered.
Thank you
Welcome James.
A lot of people are going to try to put you off trend-following - it used to work, trends end as soon as they’re visible, the banks set these things up as a trap for traders etc. etc… Don’t let them put you off - but don’t get ever married to a trend either.
Hi Tommor
Thank you for your reply. yes I have heard that trend following has died but my question is when? I can send you a back test starting 2013 ending this year. Just to show that trend following works. People say markets have changed, I tend to disagree.
Why is that the most successful traders are trend followers and I never heard of a successful scalper or day trader.