I went through Forex forums today

togr

Ahli sejak Feb 22, 2011 4573 hantaran

Feb 26, 2016 at 07:47 (disunting Feb 26, 2016 at 07:58)

Ahli sejak Feb 22, 2011 4573 hantaran

and I found out that you should not listen to nobody. I mean 95% of traders are wrong so if you follow their advices you will be wrong too, right?
Do you agree?

Megabot

Ahli sejak Jun 11, 2012 23 hantaran

Feb 26, 2016 at 11:13

Ahli sejak Jun 11, 2012 23 hantaran

Very true! There is no alternative to THINK OF YOUR OWN.
But it is not wrong to get some inspration from others. If you hear advices like "try this" or "look at that system" or whatever you can try it, but you still have to be sceptical.

trendfollowers

Ahli sejak Dec 22, 2015 236 hantaran

Feb 26, 2016 at 11:39 (disunting Feb 26, 2016 at 11:40)

Ahli sejak Dec 22, 2015 236 hantaran

I read that 98% wrong. So that still leaves us with the 2% that we can take advice from. I must say, in my experience, they are not very advice giving.

If you want to go fast, go alone. If you want to go far..Go together..

togr

Ahli sejak Feb 22, 2011 4573 hantaran

Feb 26, 2016 at 11:41

Ahli sejak Feb 22, 2011 4573 hantaran

And furthermore you can find opposite advises like buy/sell the same pair :)
I believe in my own strategies and results based on backtesting and forward testing.
Its quite funny to see these screenshots with like 10 colours and 10 indicators.
Nobody can sucessfully trade like this

trendfollowers

Ahli sejak Dec 22, 2015 236 hantaran

Feb 26, 2016 at 11:55

Ahli sejak Dec 22, 2015 236 hantaran

Oh absolutely yes. Now and again if I have a pair that is not trading like it should, I consult other sources for confirmation of the direction of the currency pair. I have two sites that will at times give the exact opposite forecast. Thus I rely solely on my own ways of establishing direction and I am right most of the time. Also not a fan of indicators and colours. The more basic, the better. I believe that indicators will give you an excellent view of what happened, not really what is happening.

If you want to go fast, go alone. If you want to go far..Go together..

togr

Ahli sejak Feb 22, 2011 4573 hantaran

Feb 26, 2016 at 11:56

Ahli sejak Feb 22, 2011 4573 hantaran

trendfollowers posted:
Oh absolutely yes. Now and again if I have a pair that is not trading like it should, I consult other sources for confirmation of the direction of the currency pair. I have two sites that will at times give the exact opposite forecast. Thus I rely solely on my own ways of establishing direction and I am right most of the time. Also not a fan of indicators and colours. The more basic, the better. I believe that indicators will give you an excellent view of what happened, not really what is happening.

Exactly as you wrote.

mlawson71

Ahli sejak Dec 11, 2015 1462 hantaran

Feb 29, 2016 at 09:55

Ahli sejak Dec 11, 2015 1462 hantaran

I think it's always good to know someone else's opinion before making a decision, but ultimately a trader should form their own views and follow them rather than blindly listen to someone else.

trendfollowers

Ahli sejak Dec 22, 2015 236 hantaran

Feb 29, 2016 at 11:36 (disunting Feb 29, 2016 at 11:36)

Ahli sejak Dec 22, 2015 236 hantaran

Oh yes.. The problem is finding a reliable source (usually paid)
otherwise you will just hear BUY/SELL simultaneously - rendering it a bit useless..

If you want to go fast, go alone. If you want to go far..Go together..

EURUSD	1.13638	GBPUSD	1.3334	AUDUSD	0.63747
USDJPY	142.94	USDCAD	1.38331	USDCHF	0.82349

Advertisement