Help New Comers- need winning formula

swaminarayan said:

Hi Everybody,

I am new to this forum and active trader in forex market. After losing so much money on forex market I am looking for something that can help me win on this market. I understand that it may be my poor trading style or strategy leading to such lose. I also know that this market has huge potential and with right strategy and discipline one can easily earn his livelihood.

Can someone help me giving me right advise so that I can make some profit. I would appreciate if someone shares his winning formula on this forum.

Thanks
Jay Swaminarayan

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Xenophobia said:

Why does it need to be the FX market?

What’s wrong with some straightforward FTSE100 S&P trading for regular and consistent profits.
I don’t get all this fuss about FX. To me most new traders just want to trade this because everyone else they read about does.
How about you actually create your own trading plan and what you need to make or achieve in order to grow and prosper in this game over the long haul then come back and asked for someone’s money making strategy.
Instead of trying to piggyback on someone else’s trading ideas on some sort of get rich quick scheme.

It's going to take hard work from you, and not getting someones 'WINNING FORMULA' as you put it.
You aren’t going to get far dude if you think someone is just going to chuck a life line to you in this business.

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swaminarayan said:

Thank you very much my friend. I agree with your advise....Can you please explain something about Future trading....s&p etc..please . Is it more easier then forex market ? Thanks..Jay swaminarayan

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Xenophobia said:

What country are you from may I ask ?

I spread bet so I don’t do the whole futures ******** or FX ******** I leave that to the cheap imitation traders that plague the T2W forum with their fancy charts and platforms.

I keep things as simple as my personality, simple straightforward and spasticated.
This works a treat for me as I don’t try to play the phenomenon that most here do.

I shoot for a simple 20-60 points a day on the FTSE and sometimes the S&P if I can be fu=ked doing so late on in the afternoon.

I’m starting a new section on Monday that will show my system in detail so you may want to watch out for it. If not no problem and good luck.

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swaminarayan said:

Swaminarayan is my God's name....


I like your messages on the forum...thanks



Jay Swaminarayan

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Xenophobia said:

No problem dude.

My god's name is Metallica most probably different from yours. But hey we all have our own beliefs and that’s what makes us fascinating as humans.

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