90% are loser ..why ?

togr posted:

vedranm posted:
What would you include in a trading plan?

that is actually pretty easy
1. When to open trade (usually when you see your trading pattern, whatever it is)
2. When to exit trade (end of bar, take profit, stop loss)
3. Risk mgmt - trade size, margin used, equity protection

That is a useful information but the problem I have is 'When you see your trading pattern, whatever it is' - I do not know what trading pattern to look for I have tried many but most ended up in loss and how to choose SL and TP

Yesterday I go long the EUR/CAD and I got +112pips profit. W on bottom retreace before news and jump up. I combine technical and economy works for me. Today I shorted EURUSD basic trend with lower high style. This is not rocket science.

Thats how I see that. Just basic things nothing else and I check always economy if there is some release coming. There is so many way to trade. Somatimes I trade after news also but not yesterday. Just wind your way to trade. All the answers can be found on the chart.

the problem with retail trading is that you are connected to brokers .
en not a direct connection on the interbank like al the great institutes .
en they wil do evrything to make it difficult to make money with your ea
or without..
their weapons are slippage ,spread, swap,freesing platform screen,
counter trading en lowering speed refusing withdrawals etc
they have more info on the market than us.
every positions they know.
so actualy whe are the blind crowd .
or the dumb money.
en they are the smart money because they know
where to send the market .
en as client you have never no defense
it is always the client's fault
regulated or not thats how it works .
en the ea commercials will of course speak en defend ea 'S for their pockets
its that simple😎

these institutions en commercials also provide incorrect information
and strategiestraining etc
with teachers or salesmanagers who work on percent
paid by the trading industry
so knowing who your opponent is a step forward
😎

tjat posted:



Thats how I see that. Just basic things nothing else and I check always economy if there is some release coming. There is so many way to trade. Somatimes I trade after news also but not yesterday. Just wind your way to trade. All the answers can be found on the chart.

Nice trades. Are you just using chart patterns for your entries or is their something more?

traders fail always , because they trade with no analysis , most of the time traders trade with emotions , this is one of the top reason for losing in trade. 

even with analyse its dificult to win against the institutes because they trade against you with algo ryrmes who have no fellings or regrets or stres etc ...

darisa posted:
First, you need to search a good strategy, learn to manage risk and waiting for good profits:)

I completely agree! Strategy is very important :)

People want to get rich quick and over expose there accounts.

Retail traders mostly fail because they attempt to trade FX, a market dominated by a few big banks with an agenda, without learning what that agenda probably is for the day and how to read the BBs price actions.

I bounced around for years with indifferent results and spent lots of money on EAs and programs that were supposed to do my thinking (trading) for me. I chased every new idea or program including scalping, moving crossovers, double bollinger bands, and my gut feelings.

Happily, I found a training site with a daily mentoring program that taught me the whys of the market and had the tools in unique charts that help me trade. I've been profitable with 86% winning trades for almost 4 years.

You need to find a similar training experience that you can believe in and then invest some money in your education with their mentoring. If you do this, you can pay for your education with profits from your trading.

Retail traders mostly fail because they attempt to trade FX, a market dominated by a few big banks with an agenda, without learning what that agenda probably is for the day and how to read the BBs price actions.

I bounced around for years with indifferent results and spent lots of money on EAs and programs that were supposed to do my thinking (trading) for me. I chased every new idea or program including scalping, moving crossovers, double bollinger bands, and my gut feelings.

Happily, I found a training site with a daily mentoring program that taught me the whys of the market and had the tools in unique charts that help me trade. I've been profitable with 86% winning trades for almost 4 years.

You need to find a similar training experience that you can believe in and then invest some money in your education with their mentoring. If you do this, you can pay for your education with profits from your trading.

Wildbill posted:
Retail traders mostly fail because they attempt to trade FX, a market dominated by a few big banks with an agenda, without learning what that agenda probably is for the day and how to read the BBs price actions.

I bounced around for years with indifferent results and spent lots of money on EAs and programs that were supposed to do my thinking (trading) for me. I chased every new idea or program including scalping, moving crossovers, double bollinger bands, and my gut feelings.

Happily, I found a training site with a daily mentoring program that taught me the whys of the market and had the tools in unique charts that help me trade. I've been profitable with 86% winning trades for almost 4 years.

You need to find a similar training experience that you can believe in and then invest some money in your education with their mentoring. If you do this, you can pay for your education with profits from your trading.

Dear WilliBilly,

if you are so successful why don't you publish your trading account here on MFB,
like me for example.

Wildbill posted:
Retail traders mostly fail because they attempt to trade FX, a market dominated by a few big banks with an agenda, without learning what that agenda probably is for the day and how to read the BBs price actions.

I bounced around for years with indifferent results and spent lots of money on EAs and programs that were supposed to do my thinking (trading) for me. I chased every new idea or program including scalping, moving crossovers, double bollinger bands, and my gut feelings.

Happily, I found a training site with a daily mentoring program that taught me the whys of the market and had the tools in unique charts that help me trade. I've been profitable with 86% winning trades for almost 4 years.

You need to find a similar training experience that you can believe in and then invest some money in your education with their mentoring. If you do this, you can pay for your education with profits from your trading.

And what's dis site?

Because they trade with excitement before they check to make sure the trade makes sense.

KathyA posted:
Because they trade with excitement before they check to make sure the trade makes sense.

totally agree and thats what I am trying to avoid doing being a newbie :)

it is nice to have some kind of excitement when trading otherwise it become very boring. But I suppose the excitment should come when closing a trade with profit rather than when opening it with the hope of profit

Profits generated is inversely proportional to the level of excitement from the trader. Ideally traders should be totally emotionless and just trade based on the facts of the market

Korich posted:
it is nice to have some kind of excitement when trading otherwise it become very boring. But I suppose the excitment should come when closing a trade with profit rather than when opening it with the hope of profit

Excitement isn't necessarily a bad thing.. it's just important for you to have a control over it, not let the emotion gain control over you and your trading.