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CraigMcG2020
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Bitcoin (BTC) analysis thread
ใน
คริปโต
Apr 30, 2022 at 15:09
It is in such a tight range. It is hard to see where it is going without a breakout to assist. Ill be holding to make sure i am happy with the direction after the retest
You need sound mind
ใน
ทั่วไป
Apr 27, 2022 at 16:46
Thats the thing losses are it doesnt matter how good a trader is the market is too volatile and has too many moving parts. If we have an edge and we let the law of large numbers take over we can be profitable even with the losses
What makes one a Professional Trader?
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ทั่วไป
Apr 27, 2022 at 16:45
These are the key. I like them in that order too as i think it is going from most important as you go down your list
The future of Alternative Intelligence in trading
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ทั่วไป
Apr 27, 2022 at 16:44
Very clever and to be honest true. EAs are machines and are not really successful and lots of traders fail trading but putting the two together can definitely be interesting. I use a trade manager to manage my trades and i think it helps a lot
5 Things I have learned in 5 years of trading!
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ทั่วไป
Apr 23, 2022 at 09:45
That is one of the most baffling things for sure. Like there are traders with degrees and 7 year internships and retail traders for a better word spending years honing their craft and then someone comes in after 2 months and thinks they're gonna hit 6 figures a month
Bitcoin (BTC) analysis thread
ใน
คริปโต
Apr 23, 2022 at 09:42
I think it is definitely still bullish there seems to be a lack of liquidity or momentum at the moment. Just ranging up and down atm
Trading for the long-term
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ทั่วไป
Apr 22, 2022 at 10:03
It is definitely something that can take over your life if not careful. I think as people become more experienced thats less so it becomes more boring and methodical. Then success comes because thats the way you actually have to trade following rules and not doing drastic things
Most people become unrealistic
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ทั่วไป
Apr 22, 2022 at 10:01
I think being unrealistic is the biggest flaw for sure if people gave trading the same effort and commitment as a degree they would see so many better results imo
Emotion in Forex trading
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ทั่วไป
Apr 22, 2022 at 10:00
Yeah i think that is the big allure of EAs but trade managers can be a happy medium like you can enter trades and the bot manages it for you
Emotion in Forex trading
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ทั่วไป
Apr 20, 2022 at 13:04
It is impossible to ignore emotions as we are all human but it is key to have a trading plan that you can work from that minimizes the affect they have on it. Like knowing you have proper risk management and partial profit taking with a TP will stop a lot of the negative emotions
Mind or Machine? What’s Better For Forex Trading?
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ทั่วไป
Apr 20, 2022 at 13:02
I agree both together can be the key to success i use trade managers to help me manage my trade but i control the entry and the parameters
Consistency is the brick
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ทั่วไป
Apr 20, 2022 at 13:01
It really does take years. I think thats the massive issue with most traders if they accepted it would be years to be consistent they wouldnt be blowing accounts because others have been successful in 'months' consistency is so key but as you say is hard because the markets are moving from trending to ranging to volatile and you need to be consistent in all of them types
What are the popular Techniques for Forex trading?
ใน
ทั่วไป
Apr 19, 2022 at 09:55
I would also go as far as saying traders need to match it to their personality and time availability. Some prefer scalping as its quick and can do many in a day others prefer to do position trading leaving one trade on for months
How to Use Seasonal Cycles to Trade Forex
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ทั่วไป
Apr 19, 2022 at 09:53
This is a really good post, i have definitely noticed a drop in trading during the summer. This is not just my observations the ATR and ADR actually drop too. Didnt think of the Oil or UCAD aspect though so will be watching for that too
Basic mistake we make
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ทั่วไป
Apr 19, 2022 at 09:49
The best way to put it is to focus on the process not the outcome. It is so key to focus on step 1-5 of your trading plan and let the outcome unfold
USDJPY set up ideas and trades
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นักเทรดที่มีประสบการณ์
Apr 16, 2022 at 14:47
DXY is just so powerful at the moment it is relentless add to that the weakness in the JPY and it is breaking recent records in price. Only pair that really is moving tbf
5 Things I have learned in 5 years of trading!
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ทั่วไป
Apr 16, 2022 at 14:45
To be honest i think you're absolutely right if they knew that it was hard work they would stay well away. I suppose some just don't get it until years later. Im 2 years in now and finally becoming profitable but its been blood, sweat and tears tbh
Bitcoin (BTC) analysis thread
ใน
คริปโต
Apr 16, 2022 at 14:43
It's still in that tight range on the higher timeframe. Atm its at 40K is but not broken any structure really cant wait for it to shows its hand properly
Trades that are as likely and as long as possible. Interested?
ใน
ทั่วไป
Apr 14, 2022 at 10:51
Fantastic post once we start thinking mathematically we are nearly there. It really is just a pattern recognition numbers game
Be productive
ใน
ทั่วไป
Apr 13, 2022 at 09:36
I agree, experience cant be bought or there is no shortcut to it. It is the one thing all traders have to go through. I am still in the experience learning stage but it is definitely the best teacher
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