Please help me help myself
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Thread: Please help me help myself

  1. #1
    I am so tired and sick of trying so many trading egies and also non of them ever producing good, consistent results.

    I've spent a lot of hours and several thousands of dollars trying to find out, but in the long run, it looks like it is a waste.

    That I simply don't know what to do anymore.

    My preferred style is reduced TF (15min), and I enjoy trading using S/R.

    Can you guys recommend a PROVEN egy that you believe to be profitable?

    I really only want to know and SEE RESULTS FOR THE WORK I PUT IN, but it feels like no matter how much I follow egies, in the long run, they never workout.

    That I don't have any problem putting the effort in. I only want something that's going to show me constant results for my learning.

    I would really appreciate some help. Perhaps some mentoring, if any of you could spare the time. .

    Thank you.

  2. #2
    Quote Originally Posted by ;
    Just how long you been trading and how old are you?
    About a year. I actually don't have any commnts at the moment, and want to make trading my livelihood.

    I spend 15 hours a day in front of the charts, all throughout the start of the asian session, to the conclusion of NY.

    I sleep, but my full focus is on trading. I would like to succeed at this so much, but its just so disheartening. It seems as though I can not trust one of these systems.

    I just want something solid I will trust, and assemble.

    Currently 20 Decades of age.

  3. #3
    Dude,you're so lucky....only 20 and learning to trade.Give it another two yrs of constant research to start to see improvements.Time is on your side.

  4. #4
    So far out of experience, I know a general idea of what I am best suited towards:

    -diminished TF (15 min charts).
    -Tight SL (Do not enjoy drawdowns).
    -Trading from S/R (monthly pivots, weekly pivots, Round amounts ).
    -Setting Predetermined TP in a good R/R ratio. I find that I like to take decent profits, and also get out of this market, ASAP. Even though it means missing potential pips, I wish to lock in the profits.

  5. #5
    You have to Concentrate on SL. I you can control it you won't drop a lot of.
    Can you show the details?

  6. #6
    Hi Tok,

    It appears you think having a good trading platform / indior will provide you a good profit.... But that is not the case in forex trading....
    Achievement in forex trading is dependent upon the trader not the platform....

    Understanding Money Management, Price Action, Trend, S/R and momentum are of fantastic value to forex trading.

    Look at Higher TF chart to get a feel of the trend, the Greater the TF the more powerful the trend.... But if it's too much your trading TF then it might not be valid....
    It is strongly recommended to watch H1 TF for trend spotting if you are trading in M15 TF

    loe a good / powerful S/R on Higher TF, for S/R it is possible to check on every Higher TF to identify S/R, and you could also use fibonacci amounts, camarilla pivot points, daily pivot points, etc

    then the next key is to loe confluence:
    just an example, if price is trending down, and pullback to trendline and Pivot points, then bounce straight back down having a good momentum, then you have a high probability trading.... But of course anything could happen in the market, it is possible to still be incorrect, so Stop Loss is of fantastic importance

    Define your risk before you choose any trade, invest chart time to observe how PA behaves especially around S/R

    after you can define a high probability set up, be patience and discipline to await the set up, if there's not any high prob set up or in case you've missed you, then don't be sad or angry, market will not move anywhere, the set ups will appear again for certain.... So move on and await another set up

    Do demonion to be confident before you go live

    Stop spending so much money on seminars or other people systems, everything is available online, you can just google it.

    If you are interested in finding systems here are some for you, and it's updated regularly:
    http://forexwinners.net/forex/egory/systems/

    it is possible to use any platform you want, but remember if the system generate sign, check the PA, S/R, and trend (usually the sign from trading systems like genesis matrix trading platform, would mean it has great momentum, so no need to inspect momentum anymore, or like in Genesis they double confirm with stochastic) in your trading TF and higher TF, if you view what in confluence then you can be assured.
    Loe a system that is suitable for you and stick with it, do not invest your time to go from system to system

    The longer commonly utilize the indior, the more valid it's.... Logically, more individuals looking and acting in precisely the exact same indior or S/R amounts, the more valid it is. Therefore no need to use fancy indiors, just use simple ones like MA, Stochastic, etc will do

    This is the travel in which you need to discover the way on your own, hopefully you can make it,

    please remember: PA, S/R, Trend, momentum, Higher Time Frame, Confluence, Money Management, Stop Loss, Take Profit, Hardwork, Discipline and

    Happy pipping

  7. #7
    Okay thats nice, just how do you go about discovering egies? And?

  8. #8
    Quote Originally Posted by ;
    Hi, It seems that you think having a good trading platform / indior will provide you a great profit.... But that is not true in FX trading.... Achievement in FX trading depends on the trader not the platform.... Understanding Money Management, Price Action, Trend, S/R and momentum are of fantastic value to FX trading. Look at Higher TF chart to have a feel of the tendency, the higher the TF the more powerful the tendency.... But if it's too far your trading TF then it may not be legitimate.... It's recommended to see H1 TF for trend seeing if...
    Thanks for taking the time to post all of this. I will read it all shortly once I post this, however I just wanted to say, that I'm NOT searching for any of this elaborate indior rubbish.

    Actually, I MUCH prefer using Price action, and DEFINITELY want to trade from S/R primarily.

    I do not mind adding in an indior if It helps with filter, however as they're lagging, I won't ever use them primarily.

  9. #9
    Quote Originally Posted by ;
    I am so sick and tired of trying many trading egies and also non of them producing good, consistent results. I've spent a lot of hours and many thousands of real dollars hoping to learn, however in the end, it seems like it is all a waste. I simply don't know what to do anymore. My favorite style is reduced TF (15min), and I enjoy trading utilizing S/R. Would you guys recommend a PROVEN egy which you believe to become profitable? I actually just need to learn and SEE RESULTS FOR THE WORK I PUT IN, but it feels like no matter how much I follow egies,...
    Read bird watching in lion Country

    real cash iS on swing traDING
    h4,daily,weekly chart
    Hint
    Build a position with decreased lots and patiently wait.
    Trade price zones not certain amount.
    Seek and you'll find.
    Read this guide to get a clue.
    Http://www.learntotradethemarket.com...-forex-trading
    Some of the best Traders ever dwelt and my favorite was http://en.wikipedia.org/wiki/Jesse_Lauriston_Livermore
    ( Read Reminiscences of a Stock Operator a must book to see )
    He would spend weeks reading a tape before he would place critical pivot points (he invented the entire idea of pivots) and began building a position and when leadership was right he would unleash his own orders in systematic manner.
    Point is he was not in the market all of the time!But keenly waiting for great opportunity.
    Think about surfing is every tide surfable?Nope! Why is it that people expect to get a ride and insist surfing every ripple!
    Trading is all about timing.Its all about right timing proper direction.

    I have both books on PDF format plus more.Sent your email PM to me and I will send them

  10. #10
    Quote Originally Posted by ;
    ok thats fine, how do you usually go about finding egies? And where did you learn trading out of?
    I ended babypips when I started. I also composed the entire school/program down as I went along.

    I have been through Various systems. Enough to know what I like and do not like (what is suited towards me). But I struggle to loe a system/egy I can truly trust and be confident in when placing orders.

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