My FX journey, the road to ruin

Hi Trolloc63,

Stop paying for courses. Instead use the money to buy a couple of good books on trading, investing and other ‘making money’ books. There are good lists on this website, here is a book list from on of the main contributors here. Try out the trading systems here that have a proven track record. Instead of short time frames, try a simple RSI on a weekly chart with 2x weekly ATR stops.

My favourites are the Cowabunga system and the SMA crossover, for their ease of use and simplicity. I don’t currently use them but you can find your own system from those listed.

The final thing not mentioned is why the trading systems are not working. Are the systems rubbish (probably) or are your emotions stopping you from executing your trades effectively or interfering? I know they have interfered with my trading. If the systems of others aren’t working, try compose your own unique one. The long time frame systems always seem to work best when I back test.

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