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    New to trading - Got a bunch of books. Scared to learn outdated things.

    yes it has to be learnt there is no formula
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    New to trading - Got a bunch of books. Scared to learn outdated things.

    yes you are right i have finally done that and it is quite simple. and i am doing much better. because i have finally put it all together: the technique and the position sizing. i am now putting my capital safety first....... like i did when i first started trading describing anything in a...
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    I am a complete beginner, where to learn day trading stocks?

    one up on wall street by peter lynch is good read. start by buying good blue chips..........you will learn about markets that way. trade daily charts........ you can read stock school in www.stockcharts.com for a birds eye view of technical analysis. read as much as you can about markets
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    Looking to make a friends group with other full time traders

    I was also searching for connections. I do have a lot of experience........read my first book in 1994. have been day trading forex for 13 years but recently shifted to gold [xauusd] for the last month or two.......i think i found what i am looking for as far as instruments go. I have found...
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    Any Traders from India here?

    fear comes from not understanding the environment/market. and fear breeds on fear. it can be quite disconcerting........ but i kept going because i believed that market movements were logical and could be profitably traded.even when i was blowing accounts and losing every trade. if you do not...
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    Any Traders from India here?

    most people do not. i certainly did not. that is why i stopped trading daily charts. and started 5 min........but even that requires a lot of patience...it took me 13 years to make some profit. maybe because i left forex and trade gold. now i wonder why i ever lost money...
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    Any Traders from India here?

    yes most traders who succeed have an alternative source of funds
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    Forex , part time or full ?

    if you are newbie then it is better to start on daily charts and that may mean checking the charts once a day. but trading daily charts does require a high capital compared to day trading 5 min charts : in forex you can start with 200 usd and eurusd needs only 3 usd as margin for smallest lot...
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    Any Traders from India here?

    there is a lot of pain in a job.........but the gain is the check comes same time every time. but a trader is truly free and that is why he is envied by everyone. Everyone may not realise it but even the President of the most powerful country in the world.... is a prisoner
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    What is the best time of day for forex trading

    if you do not want to lose money.....trade only when it is closed
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    Daytraders, When was the last time you stripped down to a naked chart and traded without indicators?

    i do not doubt it. but i do not think the Devil is trading.......the overall success rate for any activity is not much different. and do not forget that if everyone is successful..........then that is not success.......
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    Daytraders, When was the last time you stripped down to a naked chart and traded without indicators?

    why? the method that is mentioned is indeed a classic and though i have never used it ,i respect all iconic methods no matter how well known or jaded
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    Daytraders, When was the last time you stripped down to a naked chart and traded without indicators?

    i should point out since there are a large number of traders that use indictors quite successfully, that using indicators is not totally without reason: in fact it is ideal for those who have just started learning to trade and have not who have not yet learnt the intricacies of trading. there is...
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    Any Traders from India here?

    but i think you must 'enjoy' it if you are a trader. i do not mind it it gives me something to think about and especially now it is also healthy to stare at a monitor and not go out! you may remain alive because of this
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    Any Traders from India here?

    trading 3 min, as my student did, has that advantage that you generally see all market conditions in a very short time.
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    Any Traders from India here?

    i have used screen sharing very successfully and my student has passed the top step trader test and got funded. However i did not charge anything so it was just a help to someone. but trading has many nuances and i found it took me a month to explain a simple concept because people have so...
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    Daytraders, When was the last time you stripped down to a naked chart and traded without indicators?

    i can say one thing for sure - from personal experience: it is easy to get on the wrong road and keep travelling on it, for a long long time, with the mistaken notion that you are going somewhere. so it is not whether we use market structure, price action, indicators, market breath ,momentum...
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    Absolute noob - a couple of "big dogs"..

    Sasha are you Russian i can second that.......now i make one or two trades a day...hold each for 15-30 min and make enough to earn a living. it is tempting to think that make more trades you make more......but that is a dream now i only increase my size as Brooks suggests and it has been...
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    Demo account

    well if you cant make money in demo then you do not have a chance in live. but if you make money in demo... does not mean you will make money in live. this is a fact: Why is this so? i dont know but it may be because no one likes to lose and even if it is money they do not care about ,the...
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