thats why even scalpers can make money
they have simple (but effective) rules and execute at levels of efficiency and speed that deliver small average + pips per trade....but the volume/turnover is the key
What you have to ask yourself is this....
trading signal flow - what am I going to do re :-
Quality vs Quantity vs my Income requirement and expectation ?
Good traders have learned what they can expect to earn (blood sweat and tears) and Beginners have no idea as they are still swapping systems and timeframes every 10 minutes and learning the ropes
thats why consistent and good traders take years to get to that point in the process, so decide now what camp you are going to be in and start refining that system you like
and for heaven sakes do not believe the many marketeers telling you the returns they guarantee with their systems...........it will all end in tears
N
I took an aggressive trade on selling g/u and got away with a small loss or B/E
I was headstrong and impatient..always wait for the trade to come to you
if this had been sucessful I have learned nothing and perhaps sealed the fate for more risky trades .....so dont do it :smart:!
N
for example theres 14+ people viewing at the moment and Ive had 50+ at times...
usually I have peak viewing as I screw up a signal 😆
great indicator - shame about the Trader ! :whistling
N
Hey N,
jees, I´m so busy last days...but no worry...i´m still checking t2w 😉
btw. really wonderful idea about SR levels on FX corrie.. does it fit somehow with actual SR levels of chosen pairs ?.. reveal us more my friend 😎
we are ready :smart:
K
Hey N,
jees, I´m so busy last days...but no worry...i´m still checking t2w 😉
btw. really wonderful idea about SR levels on FX corrie.. does it fit somehow with actual SR levels of chosen pairs ?.. reveal us more my friend 😎
we are ready :smart:
K
Wait what is SR? I wish you guys would put parentheses the meaning of the symbols before continuing to refresh our memories, please?
:|
Wait what is SR? I wish you guys would put parentheses the meaning of the symbols before continuing to refresh our memories, please?
:|
hey K
like you I am manic and my time availability limitied
in truth my time hear has reduced as the FREE system offered looks after itself pretty much
I'm now working with Programmers to develop a proper Website and Forum based training tool to discuss and teach advanced FXcorrealtor techniques and principles
it will involve membership costs but not significant ones compared to most trading systems and indicators out there
More to come in next month or so :smart:
N
Hey N,
sure, i get it .. no problem
hmm, new web & forum ?.. sounds good.. what kind of new stuff should we expected there ?.. it would be there your private stuff created by your programers or something tasty like that ? :whistling
K
hey all gotta scoot .........later
N
Hello NVP,
Nice indicator and system. I could use your help with something...Can you please tell me what moving averages are on the above Dow chart?
Thanks.
Hi J,
Simple MA 20 (yellow)
Simple MA 80 (red)
K