hahahah if anyone remortages their house and dumps it in the market or takes out their kids college education fund to try their luck than make sure they buy my EA, only USD 9999.99 now. Usual price USD 10000.00
I use to be very exact and long in my replies to newbies.
Nowadays I simply dont have that much motivation partially because questions such as these have formed the majority of threads in babypips.
No one knows how to use the search function to see if it had been answered before.
Girlie I want you to know your post I quoted was spot on. I quoted it out of context to have fun. I ment nothing to take from what you posted. You got to understand if I have nothing to add but can have some fun I will. I expect nothing less in return. Your are right about hitting the repeat button so to speak but I will say what brung most of us here? We asked a question on google and found this site. It may not have answered the question based on our knowlage at the time but we seen something that made us ask what we were looking for. Yeah sure a little time spent here they would have found the answer they seek but they tested the waters to see if they want to dig deeper here. People like me send them looking elsewhere due to my harsh comments. I am harsh just poking fun since they already know the answer they seek. I am not going to tell anyone what they already know. I do need to realize that what is funny in my head is not so funny typed on a forum. People donāt see my expression in typed words and thatās why I have rubbed some the wrong way.
I will say I am on other forums not related to forex. Instead they are related to reef tanks. One thing I see similar is if you do not repeat yourself to help newbs they will grow. We either help or help after they messed up. Itās a lot easier to fix something before it happens that after it becomes habbit.
This is why I poke fun. Remember how many newer members are repeating the same we have preached? Let them do it and jump in when the newbs are wrong. Till then have fun. I would hate to see you get board to be here.
That also brings up a point that has been bugging me lately about people having to prove they are profitable to be taken seriously. In my opinion itās the ones that are not profitable but survived that need to be listened to. They know how to survive and what not to do. Donāt get me wrong I have learned a great deal from your thread, ict, st, and many others but I have learned from non profitable traders and others I donāt even know what there trading status is. In the end it donāt matter if you gain something and if there worng we will correct them. I have been Many times in the past and I am sure the feature as well.
I am done now. I didnāt mean for this to be a rant. I got free tickets to baseball game. I got skybox seat free food and free drinks. Sometimes I love my job. Well anyway have a good night everryone
iāll have to +1 to this one. why is it that people always assume others are full of sh1t unless they can prove using myfxbook or some other completely transparent method that they have made $47,384 in their last year of trading??? itās stupid to assume āwell, i havenāt been able to do that, so this other guy must be BSāing us with what HE said he accomplished, letās call him out until he shows us ALL his account details and logs and every pennyā¦ā some folks like to keep their finances and financial situation private - in this job and in nearly every other job.
one thing i think would be nice would be for those who trade demo to be up front about it, and those who trade live to also be up front about it. to me and i think to many others someoneās results & stories of their trades on demo carry a much different weight than those same details from a live trade. donāt matter whether your live trade was a 1k position or a 250k position, but tell us you were live or tell us you were demoāing.
itās morning, i just got up, 1/3 way through my coffee, and my foot is sore for no reason. iāll cheer up in a jiffy!
Personally, the major factor in successful trading is mental.
Must be positive, about yourself, about life, make the most of your day, in a positive manner. Doing something you dont like to do, but has to be done, smile while doing it. WORK ON YOUR MINDSET.
Then, learn your skill, and get the proper mindset for this business.
Yes, of course, there are other things in trading to learn, but the mindset is most important.
learn to program your own indicators.
this is a skill that I think most traders should have and if they donāt have it they shouldnāt use indicators because most likely it means that they donāt understand what how they spit out a value.
In the end just know how everything works before putting it on a chart and trading with it.
Good suggestions for the newbie. The trader must follows these things:-
1> The trader hvae to be well trainned and skilled.
2> They must be good in studying the strategy.
3> They should be good in making strategy and should convert the bad strategy into good.
4> They should have control on them self.
5> The trader should be focused toward the trade and while trading he should not think of any other thing.
6> He must trade regularly in forex that will give the trader more expereince.
Well i work all day so my prime trading time is in the afternoon, i am only trading on GBP/USD and EUR/USD and i tend to try and trade on Tuesdays/Wednesdays/Thursdays.
Iām only placing trades on a strong pattern/indication and i am trying not to scalp
Normally I also trade on these 2 pairs and it is the best pair to follow.
In order to better understand the movement of the currency pair we should just trade one or 2 pair only, Iām sure in 3 months we focus on the major currencies such as EUR / USD for sure we understand the extent to which the pair is moving, it is definitely easy on the profits will be
I also want o add something, that I think is important, to me anywaysā¦
Work on trading 1 way, either only Long, or either Short. Go only SHort this week, and only Long next week.
Even now, 94% of my trades are short, even if the trend is up, lolā¦
Heck, even go a month in 1 directionā¦ Once you master it, go the other wayā¦
Take notes on candles, wicks, and EXACT TIME patterns, as I found that the top of the hour is important, reguardless of time of the day. I use this strat looking at last 5m of hour, as inside bar, limits both side + 2ā¦
Also, take time out and watch the videos on youtubeā¦ Any trader movie or documentary.
