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THE ART OF TRADING

jamiemckeand (jamiemckeand)
Jun 20 2018 at 12:04
3 posts
Greenwood posted:
I don't think that is true. The simple systems do not work at all. If they did then everyone would be rich. It is only the complex systems that work


Im curious. What strategy do you use?

The successful man is the average man focused
SpacePower
Jun 21 2018 at 10:55
8 posts
I use simple system and it works for me. Everyone know about support and resistance lines. This works for me. I doesn't work for others because they don't put the time in to learn it properly

StanfordB
Jun 22 2018 at 09:08
10 posts
I like S/R too. Important thing is to not take every single break / bounce. I just wait for a good break

Adribaasmet
Jun 25 2018 at 06:12
947 posts
StanfordB posted:
I like S/R too. Important thing is to not take every single break / bounce. I just wait for a good break


Yes, support & resistant levels are too important tool. I basically use horizontal line, trend line & fibo for identifying authorized S/R levels on my trading chart.

MyNewBank
Jun 25 2018 at 11:54
15 posts
I never got on with fibo but you can't argue with horizontal lines S/R on the chart. If it is so obvious that everyone will see it then you are almost guaranteed that something important will happen around that zone

DukeMark
Jun 26 2018 at 06:42
16 posts
@SpacePower

You might have heard 'Difficult to master' and you agree with it, yet you say it's simple successful system? Can you elaborate how it's simple since more than 90% are losers? Are you a newbie in trading life?

Veofunds (Veofunds)
Jul 08 2018 at 07:07
17 posts
DukeMark posted:
@SpacePower

You might have heard 'Difficult to master' and you agree with it, yet you say it's simple successful system? Can you elaborate how it's simple since more than 90% are losers? Are you a newbie in trading life?



The mastery of the forex market analysis and making pips is a journey on its own ,and the simple system are what makes you make good decision and take god trade because you will be able to see clearly what the market speaks for him ..in life we came with nothinf being simple but as we grow up we become complicated with so many issues at hand ..same is it for forex ..the complicated traders find it difficult to make pips...and before you can attain a simple system you must put in years of hardwork to learn ,understand and master the market in respect to your system ..

Now why so many people fail in respect to the market is simoly because ..in forex you are the trader and when you learn to make pips ..the next thing to learn is to know how to keep it most people lack the psychological skilll needed to and theythem self as a trader are still not getting it right especially in trade managament .

Plan your trade and TRADE your plan in agreement with the MARKET.
Veofunds (Veofunds)
Jul 08 2018 at 07:07
17 posts
Greenwood posted:
I don't think that is true. The simple systems do not work at all. If they did then everyone would be rich. It is only the complex systems that work



THE SIMPLE system works best than the complex ..they are not rich because the keeping of pips as to do with mostly the trader and not the system

Plan your trade and TRADE your plan in agreement with the MARKET.
Adribaasmet
Jul 08 2018 at 11:33
947 posts
StanfordB posted:
I like S/R too. Important thing is to not take every single break / bounce. I just wait for a good break


No doubt, Support & resistant levels are very much important to me since I am a trend based trader. Interesting point is, this method works in all kind of instruments including crypto’s.

DukeMark
Jul 09 2018 at 14:26
16 posts
Veofunds posted:

The mastery of the forex market analysis and making pips is a journey on its own ,and the simple system are what makes you make good decision and take god trade because you will be able to see clearly what the market speaks for him ..in life we came with nothinf being simple but as we grow up we become complicated with so many issues at hand ..same is it for forex ..the complicated traders find it difficult to make pips...and before you can attain a simple system you must put in years of hardwork to learn ,understand and master the market in respect to your system ..

Now why so many people fail in respect to the market is simoly because ..in forex you are the trader and when you learn to make pips ..the next thing to learn is to know how to keep it most people lack the psychological skilll needed to and theythem self as a trader are still not getting it right especially in trade managament .


I see very good points here, thank you for your time to elaborate this. And yes, it's true that psychological skill and money management are where people weak at. In fact, many are not healthy in mental part.

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