day trading is unlike scalping
Forex scalpers will typically hold trades for seconds to minutes, and open and close multiple positions within a single day.
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No secrets. Just your own trading style.
Each trader has his own strategy and secrets.
I’m sure that there is esoteric information that is available to a select few. We may come across some of that inadvertently but even if we did, most of us would not recognize its worth. There is information on the charts that we cannot see until someone points it out to us. Once you see it then you cannot unsee it and you marvel at the fact that it was there in plain sight all along but you were blind to it. 
There are several reasons that we don’t recognize useful information when we come across it. We filter out and misinterpret incoming information due to confirmation bias.
Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that affirms one’s prior beliefs or hypotheses. It is a type of cognitive bias and a systematic error of inductive reasoning. People display this bias when they gather or remember information selectively, or when they interpret it in a biased way. The effect is stronger for desired outcomes, for emotionally charged issues, and for deeply-entrenched beliefs.
Source: Confirmation bias - Wikipedia
Another reason is that we are conditioned to believe certain industry “truths”. Examples of this would be:
- Trading is difficult
- Trading is very risky
- 5% ROI / month is a good ROI
- … and so on and so forth.
Accepting such statements as truths limits you to gaining a better understanding of the markets and trading. It confines you to these limiting beliefs and tethers you to the average, at best.
A third reason is related to influencer bias. The aspiring trader looks up to those whom he perceives to be good traders (on forums, YouTube and social media). When these influencers express their beliefs they also express their biases. Newbies lap this up and put their faith in these beliefs, whether they represent reality or not.
Over time, the information gathered from conditioned expectations and from influencers, forms a part of your confirmation bias. Read the OP’s opening post. It reeks of confirmation bias. We all suffer from it but the key to continuous learning is to recognize your own confirmation bias and work to eliminate it to the extent possible. To the extent that you succeed you will start to “see” and recognize many “secrets” made available to you.
As the saying goes: When the student is ready, the teacher will appear.
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I bet alot of people really do know how forex works and that people are really being done with that matter and do not tell anyone about that and reinvesting money for such and I hope they do want it better really. I hope it will connect with you.
The only secret is a constant development and learning. I mean not only learning trading theory and new strategies. but also mental trading. Good traders always know what they can do and keep calm in an unpleasant situations. You will never learn to control yourself before you face them, so the only way to become profi is to have a lot of experience
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True. The secret lies within ourselves. We have to constantly put in efforts to learn and grow as a trader. Otherwise there is no secret to success in forex trading.
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I have to disagree. A secret does exist. At one time, I was convinced by listening to others, that the market was ever changing and that you shouldn’t look at the lower time frames because it was meaningless, “Market Noise”. These are two distinct ideas that are completely false.
While fundamentals and other specific factors change what you see on the daily to monthly chart, the secret never changes. It is fundamental and constant. If you study long enough with an open mind, you may discover it. If your only focus is win/loss and compounding money than it may take you 20 years to realize.
Even if you only discover it in part, that is enough to be profitable. Otherwise it will always be a “zero sum gain”.
Hint: the market is very deliberate and specific.
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So what is it?
Very true! But, as you point out, an open mind is required to be able to see these truths. One needs to challenge the status quo, challenge their own assumptions and generate a high level of curiosity and determination to be able to unveil the truths hidden in plain sight within price action.
Sadly, most people will never cross their self limiting barriers. They are too busy being argumentative and denigrating the outliers rather than studying their methods and attempting to strive for a higher bar themselves.
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Have you found the same secret or a different secret?
Hey Tom. Not sure whether your question is directed towards me or Leo. I don’t know what Leo has discovered but it seems like he’s on the same path that I’m on.
I’m still peeling off the many layers of veils on price action and, although the rate of new discoveries have slowed down considerably, I still come across new insights into price action every once in a while. It fascinates me that it’s right there in front of my eyes and yet I’ve overlooked it for so long.
Like a huge puzzle it took me six months to discover the last piece. At the time I didn’t think it was necessary but I had to unite everything. Since then I haven’t discovered anything new. It would be foolish to suggest that I can’t continue to make some discoveries, but at this point it would make more sense to focus on myself.
Tommor, I would suggest it is the same secret as it is fundamental and unites all time frames and exists in all markets (to a varying degree). When everything makes sense in hindsight, then you have it. You will be able to outline the future and only take the trades that have the lowest number of possible outcomes. It is impossible to always get it right but to have the ability to outline moves in advance takes away the need for focusing on such things as psychology , complicated risk management strategies, etc. They are important but I try to put the emphasis on price and not over trading.
I was always told to keep it simple, but if you don’t realize the game in its entirety, it is hard to define simple. Maybe I should just tell you what the market is.
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maybe someone knows the secret and he such a benevolent soul he going to disclose his secret and make us all rich happy and prosperous
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I can tell you the secret but they will ban me 
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I don’t think there is a secret but I’ll tell you my edge.
I only place orders when momentum is clearly in my favour, this means even if I have a sucker trade I often can get close to break even before it starts to reverse, not always mind
I don’t short, because I suck at it, I only trade 3 markets, I don’t trade any timeframe lower than 8 hrs, I have a preference for indexes, because they seem easier than fx.
I use mechanical systems because I don’t trust my judgement.
the secret I believe is knowing your weaknesses and avoiding them like the Wuhan flu.
I
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the secret is, that. like most things to be successful it involves hard work ,perseverance and experience
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If there really was a secret, a sure way to beat the markets and it was exposed…you can be sure the rules would quickly change to squash it.
So if anyone does have a secret, I would advise that you keep it that way. But feel free to PM me first.
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With someone doesn’t have profit, Forex is huge secret. But with who has profit, forex is not secret anymore.
So, it depends on where you are.
With me, there is no secret: Just working hard, learning hard everyday, every hours, until you have a profitable system.
Noone success without pay anythings, your time, your money atleast.
So, good luck all you guys.
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