Recent content by PhoneticNachos

This was the post I made from forexfactory, https://www.forexfactory.com/thread/post/14022029#post14022029 "90% of retail traders lose money as a subset across investment vehicles, when taken through a horizon of at least four consecutive years and longer. This has been studied all over the...

https://profile.edgewonk.app/profile/5640/22031?xauth=0e86136b6c6ff52f2374ee9c0088a2df

SSRN has empirical research on the topic. I think I made a post about it on forexfactory.

I lea I learned a little of the basics from a guy I worked with, but at that point I was already really knowledgeable about stocks , and dividend investing. He would trade in between jobs/meetings, and used to co-own a mobile auto repair van, so it was a good way to make extra cash while he...

up $6k the last two weeks, near 100% win rate over that period, think I only lost money on 3-4 out of 30+ trades.

Not even one hour a day. No idea how people spend so much time on it. Most at that point are over-thinking and under trading. I may "trade" over an eight hour period, but this takes less than a minute each hour to check/execute.

Just ignore anything from people claiming anything from ICT, and all the brainwashed cult sheeple who try to convince bigger fools through their rebranding nonsense called laughably "SMC/ smart money concepts". Really most "gurus" on social media are scammers in some way or another. If they...

Don't pay for anything. Learn the free program from babypips. Scammers are a big problem too, one of the worst is ICT, and all the brainwashed cult sheeple who try to convince bigger fools through their rebranding nonsense called laughably "SMC/ smart money concepts". Only invest money you can...

At least 95% of traders fail long term in forex. Less than 1% are profitable past a four year consecutive point or longer. As someone in that 1% threshold, now going on almost nine years, every single other trader I have known has failed/quit/dropped out of forex. Scammers are a big problem...

Never going to happen. The foundation of the econometrics of international commerce and trade relies upon the exchange of goods, currencies, labor.

If you want to learn how to trade consistently, and not that type of gamble/news one-off scenario, go through the free course on babypips.

ICT is a scammer, dude can't even trade, blown up every account he has ever publicly traded. Everything he trys to sell people is just stolen and renamed from babypips. Proof is all over the internet, hundreds of threads on reddit etc. Run far away from anyone talking about ICT/SMC "smart...

There's a million ways to trade, if that works for you, great! What may work for me, may be impossible for you, or anyone else to replicate. Why I rarely talk about specific trades, just more general overview of my price action system re: "Wave Impulse Trading".

Been doing IF since 2009 or so, not super strict, but usually only eat for my window of after 4pm and have one meal a day, and nothing after 8pm. If I am on vacation or out with friends /family etc I will eat with everyone else. I have talked about this before in my journal here, my Zen Habits...

You can always make it back, it's only money. I think the most I ever lost was also the fastest....? I had been drinking, and thought I was looking at one pair when I was actually looking at a different one, well black out later, I wake up to a margin closeout and lost like $12k lol. Why I...