well, there is a trading rule that says:
Rule ###: ... do not trade for your daily expense, use your retire money for trading ... until it all gone -- my bad.
Anyway this is a great advice for forex newbie. I had felt the paint when I start trading 5 years ago -- all lost.
Now, things getting much better.
When I first look at the CatFx50 4 year looong threads, I thought it is a good trade platform, systems, you name it. That is why I ask for the lastest codes after all the improvements.
Kol, trust me. Forex like stocks are a big casino. All you are going to get in Las Vegas is a big hole in your pocket. Look, I have a nice job. I like it and I keep it. Then, I have fun trading. That's all. Internet and white collar delinquency made all that trading mania. They wanted you to believe you could do like banks and other institutions. Nonsense. No way, Kol; no way.
Retail Forex platforms are made to make you think you have the same arsenal than big ones. Nonsense, again. Retail Forex brokers have all the software they need to kill you.
Sorry, but that's what I think. And I could say also that TA is a waste of time.
hi, there're many forex system out there waiting us to explore , focus on it , it's all up to you , if you want to trade for living go ahead the most important is focus on it, learn,learn and learn
Forex Indicators Collection
Fine effort thanks goodluck
We know each other a couple of years now.
And it is a pitty to see that you feel so bitter about "IT"...
For the world top 50 tennis players 100 of thousands of youngsters tryed to be a succesfull tennisplayer as a Bjorn Borg or Mc Enroe or Sampras or Federrer or Nadal but needed to quit with only broken dreams.
For each countrys first leage football (soccer) players hundred of thousand youngsters tryed to be succesfull and had a dream to play in the first leage but can only watch it as anybody else on TV now.
For the world top 100 golf players hundred of thousands youngsters world wide had a dream to become as good as Tiger Woods or Greg Norman or Nick Faldo or Garry Player or Jack Niclaus or Sevy Ballesteros but never made it further then the amateur tour and are now a frustrated teaching pro in some sort of a luxures golf club.
All of the sports and all of the top sportsmen have one thing in common they do not make you believe that you can make "IT" but they proof when you really want to make "IT" there is that possibility. How extremely slim that chance is but if you REALLY want to make it you can become a Nadal or Jensen Button or a Tiger Woods or a Christiano Ronaldo etc....
There is no casino element in that.
But one thing for sure is that only very very few will make "IT"...
FOCUS PATIENCE DISCIPLINE are some of the nescessary elements.
And it is not because one does not make it into the top 100 golf palyers that golf would be a casino or any other sport would have a deseaving or scamming element...
Many people feel called upon but very few are chosen...in sports but even more in trading....
For the world top 100 golf players millions of youngsters world wide had a dream to become as good as Tiger Woods or Greg Norman or Nick Faldo or Garry Player or Jack Niclaus or Sevy Ballesteros but never made it further then the amateur tour and are now a frustrated teaching pro in some sort of a luxures golf club.
Sorry for the delay.
Sport has nothing to do with trading. All I want to say, iGOR, is that this game is not a fair one. And what is worst, for one who makes "IT", you'll find a million than do not. That's why I stress not to quit a daily job in case we have it, cause we think we could make more money trading. I do not know if you've met with people that have lost everything: family, job, friends and so on. If not, iGOR, do it and you'll see what it is all about.
Lets say you'd like to play piano. OK, you could do it. Why not? You only need to work hard. So, now you could say: you see, YOU COULD. Yes, but trading is not the same. No way, iGOR. Day trading is a kind of insanity or addiction. You are being enslaved to a habit or practice or to something that is psychologically or physically habit-forming, as narcotics, to such an extent that its cessation causes severe trauma.
There is a nightmare out there, iGOR. Don't make a mistake, I'm not a loser.
Anyway, we are adults and we should know what to do wit our lives. I was about to quit my job. Thanks God, I did not.
BTW, leverage is another kind of insanity. Hadn't banks had that madness, the world wouldn't be now facing one of its worst crisis.
Nina, may be you taking it to extreme, Igor too.
though it's not the matter all-or-nothing, it very often and readily gets that far - and it realy hard (and not always possible) to keep cool, not get emotional, not got to incenity and/or addiction
p.s. as you said - thousands and millions of musicians made it, and making it; just one (or few) can be on the top; depends on what to make of it...
Whatever you believe is correct. I agree with you you will not be succesfull as a fultime trader, why? because that is what you believe.
I also agree with others who believe that you can be successful, why? because that is what they believe.
Please do not confuse hope with believing. Most traders hope to be succesful but fail, but if you truely believe, that is something else.
Trading is 80% psycology, 15% money management and 5% system, that is why most fail because they believe the system or indicator or setup is 80%, it is not. If you have mastered the first 2 then you can trade any system and be succesfull.
this is off the topic, im just new with the system, but i have a question, hope you could help me
anina says up arrow (buy) the sto_ma is green. but the ema is not touching any price, though it is below the bars. should i buy? or this is a riskier trade?
hello again, i have been reading this thread from page 1, so far im on page 34.. still a lot to catch up.
anyway, im trying to adopt the system. waiting for signals. but after all this years, is there somebody who actually made an ea from nina's indicators?