Fxmansaix:
Just trade your edge and get the fvck outta The market . No be your papa property.
It’s not a chore!

PraiseGod4u:


How do I know the best??

PraiseGod4u:


How does a big and professional trader think pls??

realone12:
Brazilian football Genius, Ronaldinho was once interviewed on whether he think football is a difficult game as most people claimed..
I still vividly remember the response he gave when he was asked this question..
according to him, playing football is easy once u understand some basic principles.
he said as an attacker, with the ball in your feet, when you facing the defenders, all you have to do to get past the defenders is to confuse the defenders..
when he was further asked on how to confuse the defenders. he said all you have to do is to pretend you want make a left turn with your body language. once the defenders are convinced you want to make the left, you turn around and do the opposite (by taking the right turn)

ever since the day I watched the interview, my perspective about life changed completely.
being a thinker, I quickly realise this same principle is applicable to forex trading and numerous other things of life..

the market is very deceitful. and it has no integrity or whatsoever..
all the market does is to pretend to take one direction but end up completely taking the other direction.
the market has used this same tactic to burn millions of account from time immemorial. once u understand this principle, u won't be in a rush to take trade simply because the market is rapidly moving on a particular direction. this is where self control and patience comes in.
you should have it at the back of your mind that the market will never make a move on a particular direction until it is sure it has already led many traders astray. (making them to buy instead of sell or vice versa) .
all am preaching here is try and make conscious effort to look at your left side and right side before crossing the road.

the market is the ronaldinho while we the traders are the defenders. he is constantly trying to dribble and get past us. so by this preaching, we ought not to be easily deceived by the market

Piptocoin:


That is why I advised reading the book, Master the Markets. There is still much to know concerning reading market movement through volume analysis. Price did rise on the EURUSD analysis and am expecting more bullishness. That is how I majorly see the market...through volume.

charly20:



Things dey happen o.

I took this trade in my smaller demo account and its all good. E reach for the prop demo, i come dey do; "let me be careful and look for reversal pattern" Well, long story short,market left my ass behind

I then remembered a quote; "if you're too careful,you'll be careless" Your system na your system abeg. My system is "find a POI,price gets there and gives you the candlestick, go gun blazing"

Now i go dey hustle trade tomorrow like daytrader because time go soon finish for the trials and I suppose win this one because e too important

richgen:


If you're too careful you'll be careless. I like this quote.

Like my mentor will say, trust your analysis and if you're stopped so be it. You've learned a new thing.

I completed my free trial yesterday fulfilling all the conditions successfully. Next week I will enrol in another one and work on passing it.

realone12:
Brazilian football Genius, Ronaldinho was once interviewed on whether he think football is a difficult game as most people claimed..
I still vividly remember the response he gave when he was asked this question..
according to him, playing football is easy once u understand some basic principles.
he said as an attacker, with the ball in your feet, when you facing the defenders, all you have to do to get past the defenders is to confuse the defenders..
when he was further asked on how to confuse the defenders. he said all you have to do is to pretend you want make a left turn with your body language. once the defenders are convinced you want to make the left, you turn around and do the opposite (by taking the right turn)

ever since the day I watched the interview, my perspective about life changed completely.
being a thinker, I quickly realise this same principle is applicable to forex trading and numerous other things of life..

the market is very deceitful. and it has no integrity or whatsoever..
all the market does is to pretend to take one direction but end up completely taking the other direction.
the market has used this same tactic to burn millions of account from time immemorial. once u understand this principle, u won't be in a rush to take trade simply because the market is rapidly moving on a particular direction. this is where self control and patience comes in.
you should have it at the back of your mind that the market will never make a move on a particular direction until it is sure it has already led many traders astray. (making them to buy instead of sell or vice versa) .
all am preaching here is try and make conscious effort to look at your left side and right side before crossing the road.

the market is the ronaldinho while we the traders are the defenders. he is constantly trying to dribble and get past us. so by this preaching, we ought not to be easily deceived by the market

Fxmansaix:
by backtesting atleast a year with a system which has three things .
1)Direction strategy: how to know the bias(direction) for the day or two days
2) Entry strategy: If my bias(direction) is right, where do I enter? You should pick a entry strategy that has historically proven to show less fluctuations for that pair.
3) Exit strategy: where and how do I consistently take profit.

So by backtesting atleast a year data(Or six months) and finding most common type of way to know direction ,to enter and to exit. Then you stick with it. It’s not hard
Simplicity and consistency is the way.
And also trade lesser pairs . One or two is enough

Fxmansaix:
by backtesting atleast a year with a system which has three things .
1)Direction strategy: how to know the bias(direction) for the day or two days
2) Entry strategy: If my bias(direction) is right, where do I enter? You should pick a entry strategy that has historically proven to show less fluctuations for that pair.
3) Exit strategy: where and how do I consistently take profit.

So by backtesting atleast a year data(Or six months) and finding most common type of way to know direction ,to enter and to exit. Then you stick with it. It’s not hard
Simplicity and consistency is the way.
And also trade lesser pairs . One or two is enough

DestinyDjohn:



Try making use of crypto .... there's a restriction on bank cards for transaction above $20

Piptocoin:


makes sense. they are like the 3 legs of a stool. one is not more important than the other. any missing leg is disastrous to anyone relying on the stool (trading system).

PraiseGod4u:


Thank you sir

charly20:



At some point, i tried to understand this VSA thing but I guess I got too lazy and tired of new strategies. I was looking for a method to determine failed swings most especially on higher time frames (because of my trading style of course) but then i settled for EW though only the basic knowledge of it.

Good to see someone here knows the stuff.

Bigheadguy:
Hi guys woke up this morning to find another beautiful entry on usdchf

Bigheadguy:
In this forex game the only thing that makes you a winner is risk management, money management.
Result been posted is my small account .
Keeping it real is key.
I will go back to my real life job.
I love the flow of this family.

Piptocoin:


Your trading style is already awesome. Since you are raking in profits steadily.....it shows that all good roads (trading system) should lead to profits. No one is better than the other IMHO.

Also, will it be wrong to say you don't choose your strategy; your strategy chooses you?

Really, the beauty of diversity of trading style cannot be over-estimated. I love reading analysis from different angles of opinion. Just a personal habit I cannot quit. Almost better than reading novels

charly20:


Good job,chief.
More wins.

charly20:



I think strategy does choose the trader. Like how they say in the movies "the sword chose you to wield it" otherwise one strategy would be used by every trader and trading will be......BORING

DevilsEqual:


how many pips for your stop loss sir

Manager001:
Triple top or the bears continues.

Piptocoin:


wonderful. all true. the market never plays fair but knowing its gimmicks is the game changer.

Bigheadguy:
Usd chf tp smashed

Tobitrueman:


Greetings chief.
Please help recommend a broker to use. I have been on and off on trading. So I'm studying again.

Piptocoin:


I use hotforex and they are reliable on trade execution and trust level but there are other opinions that say exness is better. I have only used hotforex so cannot say.