hey there ..I am well aware of the commercial nature of websites and income generation ...my issue is Babypips approach to vendors (it may have changed now) and the lack of transparency to membersOf course the website has to make money. Still great education for free though.
agreed Joe Ross is interesting stuff.........I still maintain though that every trader needs to amalgamate ideas and trade their own styleHi,
I recommend to you: Trading Educators, Joe Ross Trading Method. You can get his brochure with a description of his favorite pattern 1-2-3 reversal pattern for free.
Very interesting books, really worth attention. Full trading knowledge and wisdom. There is private tuition.
Let' see if we can't be a little more specific. Be realistic about how much time and energy you have to trade; if you are a reasonably normal person living a reasonably normal life, then you probably have a number of other commitments to fulfill -look guys ..........no one can become a professional and consistently profitable trader without help....
I would love to tell you that it is possible to go there all alone but you cant ........
just as in life , business , sports , vocations , personal development .........where ever you strive to better yourself to the highest levels of sustained performance ........
You are at some point gonna need help ........
however that doesnt mean rush out and find the first person who tells you he will make you richer , fitter , faster , smarter , healthier ..............you know it cant work like that !
I suggest you
take your time .......
decide what you really want to achieve ...dont be vague , map it out down to real details
Utilise free resources to do this phase ... just buy a book on goal setting to help you if needed
spend a long as you need on this phase .........engage both the emotional and logical parts of your brain and try to sense and feel where you want to go..........as much as possible...both sides will be telling you things so listen and follow / test !
then start the journey .........still if possible unemcumbered by any heavy mentoring or coaching until absolutely necessary
i know this sounds dumb but i truly believe that fate and circumstances will get you to where you need to be over time .....Buddism teaches that everything in life happens to people at the perfect time and place ........even though people dont ever think that at the time !
anyway im just saying dont rush it and let it all flow .........but we all need help at times ....just make sure its the right time and what you re looking for...not some blind hope that a magical messiah has appeared to you !
Scalping is probably essential negative experience you have to get to understand all benefits of swing trading.Let' see if we can't be a little more specific. Be realistic about how much time and energy you have to trade; if you are a reasonably normal person living a reasonably normal life, then you probably have a number of other commitments to fulfill -
work, family, etc. Don't try to scalp small timeframes if you don't have the time or temperament to do it; also it's difficult to overcome business expenses on small timeframes. Don't look for mentors or trading courses that put forward the idea that filtering price action in a particular way will lead to consistent profitability; if there was such an approach then what institution would take the other side of that trade. In my opinion if you want to have a chance at successful trading learn how recognize a
reasonable trade and learn how to manage it. Stay away from scalping it's too difficult to be a consistently profitable scalper for most people; better to focus on swing trading.
So who was your mentor ??find a guy with a live verified track record who is making money and learn form him. Any educator or mentor not able to provide you with this information in my opinion best to to stay away.
I tired to teach myself but ended up paying for that exercise. Until i found a mentor i wasn't profitiable