redsox11:
Hi wiconse,

The problem is, say a profitable trader, what is going to be his gain to teach you to be profitable? think about it? only few give out the core method, even if you are given some good method, it's different thing to be profitable, trading it.

You need experience, screen time, you need the chart to talk to you sometimes. You can't teach discretion and experience.

redsox11:
Hi wiconse,

The problem is, say a profitable trader, what is going to be his gain to teach you to be profitable? think about it? only few give out the core method, even if you are given some good method, it's different thing to be profitable, trading it.

You need experience, screen time, you need the chart to talk to you sometimes. You can't teach discretion and experience.

bojbest:




Bro Pros aint at fault. New traders think the forex game is an easy one. There is this guy I’m mentoring, I told him, please do this do that. What I learnt the hard way. Guess what, he didn’t implement those stuffs.

To me new traders have the wrong mindset about this business thats why, on 2% trade markets after 2yrs.

Also new traders are greedy and ain’t willing to pay someone with experience to teach them. Some one that can’t lose few dollars to learn the game, how do you think such trader will handle loss

This game is not for everyone. Few months back, I was here on how to stop blowing accounts. NOBODY COULD GIVE ME ANSWERS. I learnt the hard way and I thank God for those loss because they shaped me. To be honest, I lose every dime i saved from freelancing while learning this game.

So Pros aint at fault. The market taught us the hard way and why should we release every lessons taught with pain to someone who want these information for free.

bojbest:


Learning trading means living a few years of your life like most people won't,so that you can spend rest of your life like most people can't.

Put in the work and never give up on the dreams

wiconse:


Exactly. Talking about discretion and experience, it really matters in this business.
Although am I newbie, but when a professional is talking, I always love to listen.

As an experienced trader, all he need to do is fix his price for whomever is interested in learning. Trust me, whichever way it goes, he is going to see those who that are ready to learn. Except for the fact that the person is not ready to teach.

Most times, certain people really want to learn but due to our bad environment, it seems difficult. I mean scammers.

wiconse:
Professionals in the house,What do you think about this comment?




Coming from an experienced american trader and also a mentor

redsox11:
You're still not getting it. What is the incentive for a profitable trader teaching new trader? If he's profitable trader, he makes money trading, what does he need your 50-200$ for, to teach you trading? think about this?

The way you're going about it, YOU'LL only get people like Meshpips coming out of the woodwork to take your money.

Even your American mentors are not exempted, what you will get the way you are going about it, you will get educators selling shit online to sell you stuff that won't work, educators that makes money only through selling stuff online. What you need is trader that is making money trading, not an educators selling forex stuff online.

Ps: Same way you see some AD online, a guy driving a Ferrari, travel all around the world with big houses BUT YET need your 20$ to teach you how to make money online. WAKE UP GUYs, and smell the coffee.

THExxCRAFTERxx:


Hello Wiconse,

Trading without charts is what some traders call

1. Price action or
2. Naked trading.

I take over 85% of my trades without any indicators. Just trendlines.

There is nothing impossible in forex trading, all that matters is: "How well have you mastered your system"

Some time ago I read an article of a Balle Dancer in the 50's who turned $2000 or so to over $2,000,000.00 (about that range). The most unique thing about this trader was that he used a very unique system, never heard of before.

You see those numbers displayed on your chart (BID and ASK price), that ticks every second?

That was all he used... No charts, no indicators, no fundamentals....

Just his own system.

He would write down those numbers at different times of the day and compare them. By so doing he developed his own system.

You see a lot of new traders get bamboozled by older traders who tell them that THERE IS ONLY ONE WAY TRADING THE MARKET or SO SO and SO indicator is the best indicator.

The difference between a PROFITABLE TRADER and a NOT PROFITABLE TRADER is:

The PROFITABLE trader has found a way of GAMING the market, or let's say found an edge in trading the market (It doesn't matter what system he uses)

Most traders get to that level after spending thousands and thousands of hours staring and backtesting different system (not necessarily with real money)

See, to be good in this profession, you only need ONE THING...

PURE LOVE FOR THE GAME... It's not about money or wealth now.

If you naturally love analysis, you will find a way out of this seemingly complicated maze

If your only drive to become successful at trading is MONEY... There is a huge possibility you MAY never make it.

I hope this answers your question Wiconse?

Do have a productive day ahead

redsox11:
You're still not getting it. What is the incentive for a profitable trader teaching new trader? If he's profitable trader, he makes money trading, what does he need your 50-200$ for, to teach you trading? think about this?

The way you're going about it, YOU'LL only get people like Meshpips coming out of the woodwork to take your money.

Even your American mentors are not exempted, what you will get the way you are going about it, you will get educators selling shit online to sell you stuff that won't work, educators that makes money only through selling stuff online. What you need is trader that is making money trading, not an educators selling forex stuff online.

Ps: Same way you see some AD online, a guy driving a Ferrari, travel all around the world with big houses BUT YET need your 20$ to teach you how to make money online. WAKE UP GUYs, and smell the coffee.

wiconse:


Good point. You should also know that not everyone can really afford to keep blowing accounts. Moreover some people even after blowing different account seem not to be able to understand anything.
In other words, people learn differently.

When you see any one that isn't ready or willing to learn, I think the market will be a better teacher.

Always know that a lot of people are looking for where to get the real deal, yet they haven't seen.

bojbest:



The ones have had the opportunity to teach, dont listen because I’ve not started living d lifestyle. They want me to have a lambo with my $100 account

Its not their fault because most people venture into forex because of the money and no following due process on becoming a profitable forex trader.

If a new trader has a solid WHY he wants to trade the forex market, blowing accounts will not be an issue. Most of the successful traders I know went through years of losing or breaking even. Trading is a serious discipline- make sure that is what you want to do before you even think of starting it. KNOW YOUR WHY

wiconse:
Professionals in the house,What do you think about this comment?




Coming from an experienced american trader and also a mentor

wiconse:


I guess you went long

redsox11:
You're still not getting it. What is the incentive for a profitable trader teaching new trader? If he's profitable trader, he makes money trading, what does he need your 50-200$ for, to teach you trading? think about this?

The way you're going about it, YOU'LL only get people like Meshpips coming out of the woodwork to take your money.

Even your American mentors are not exempted, what you will get the way you are going about it, you will get educators selling shit online to sell you stuff that won't work, educators that makes money only through selling stuff online. What you need is trader that is making money trading, not an educators selling forex stuff online.

Ps: Same way you see some AD online, a guy driving a Ferrari, travel all around the world with big houses BUT YET need your 20$ to teach you how to make money online. WAKE UP GUYs, and smell the coffee.

THExxCRAFTERxx:


Hello Wiconse,

Trading without charts is what some traders call

1. Price action or
2. Naked trading.

I take over 85% of my trades without any indicators. Just trendlines.

There is nothing impossible in forex trading, all that matters is: "How well have you mastered your system"

Some time ago I read an article of a Balle Dancer in the 50's who turned $2000 or so to over $2,000,000.00 (about that range). The most unique thing about this trader was that he used a very unique system, never heard of before.

You see those numbers displayed on your chart (BID and ASK price), that ticks every second?

That was all he used... No charts, no indicators, no fundamentals....

Just his own system.

He would write down those numbers at different times of the day and compare them. By so doing he developed his own system.

You see a lot of new traders get bamboozled by older traders who tell them that THERE IS ONLY ONE WAY TRADING THE MARKET or SO SO and SO indicator is the best indicator.

The difference between a PROFITABLE TRADER and a NOT PROFITABLE TRADER is:

The PROFITABLE trader has found a way of GAMING the market, or let's say found an edge in trading the market (It doesn't matter what system he uses)

Most traders get to that level after spending thousands and thousands of hours staring and backtesting different system (not necessarily with real money)

See, to be good in this profession, you only need ONE THING...

PURE LOVE FOR THE GAME... It's not about money or wealth now.

If you naturally love analysis, you will find a way out of this seemingly complicated maze

If your only drive to become successful at trading is MONEY... There is a huge possibility you MAY never make it.

I hope this answers your question Wiconse?

Do have a productive day ahead

wiconse:


In essence, what do you think is the best way for newbies?
To learn the hardway?

dungas30:
Gurus in the house good morning
Pls pertain to trading the news
Asuming am to trade a high profile news of cad
And the time for the news to be release on forex factory calendar is 1:30pm will i go and check what has been traded on the mt4 platform using the same time as 1:30 pm? Or i will check it according to GMT deference

redsox11:
[color=#990000]You're still not getting it. [b]

wiconse:
Professionals in the house,What do you think about this comment?




Coming from an experienced american trader and also a mentor

wiconse:


You are definitely right. People now make money from those that really want to learn, whereas they know nothing.
Apparently, one has to be careful. But I would love you to give an approach that a novice could cling to in order to make it in this field

wiconse:


In essence, what do you think is the best way for newbies?
To learn the hardway?

Fmusty:

Yes, He is right in my opinion, forget about all this indicators and focus on PRICE ACTION (candlestick pattern)

bojbest:


You can go through the journey yourself or you pay someone for their time.

Also to be honest there is money to be made in the education sector because PEOPLE DON’T KNOW. And nobody wants to be broke.
Someone like me that doesn’t have funds, how do I get money to trade for a living? Robbing a bank? Or d legit way.... teaching for few bucks?

redsox11:
Not true, absolutely. There's no one way to make money trading forex.

wiconse:


In essence, what do you think is the best way for newbies?
To learn the hardway?

redsox11:
I guess what I'm trying to point out is, you so called teacher / mentor is teaching you to earn money for him/her self, because he or she is not profitable trader. You can get profitable trader to teach you but it's rare. It's a task most don't want to subject themselves into. because they don't have to, there's no gain / incentive for them, the money you want to pay them , they might as well make it from the market directly (you understand ) .

I can tell you, 87% of what is taught in seminar in Nigeria, I can teach for ABSOLUTELY FREE. And I can tell you, you won't earn any money from those trading seminar. What you can gain from those seminar is HUNGER to what to learn how to really trade and make money.

This will help you, say you are looking to pay someone to teach you forex, tell them to show you 6month of history and around 4 month of profitable trading out of the 6 month.

Or say you find a friend who can teach you, and you are willing to pay him, ask him to show you AT LEAST 2 MONTH history of profitable trading. Do no trust anybody, ask to see proof, don't act silly. If you remember the MIGHTY Meshpips with all his braggado couldn't provide just 1 month verifiable proof of profit, trading forex. but if you follow his big word, you go don fall MUGUN

DO NOT TRUST BIG GRAMMAR or persuasion. Don't use your heart, use your head, think clearly. Ask to see verified account.

---

If you don't ask for all that above , then know you are paying money to learn the ropes, learning what forex is a lot about, learning to speed things up. BUT you ain't learning to be profitable. Because If I'm not profitable, there's no way I can give you what I don't have.

TheYoda:


NzdJpy was the closest to my pending order at s/r 78 during midnight.

Missed alot of good trades as I was aiming for pivot point at S/R 78 .
Most of the turn start at S/R 61 , that's why its good to split trades to cover area.