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very true

whether is options futures or non leveraged products you need to have some idea of markets. how can I be helpful to direct you if you do not know where you want to go, where is your destination?

you see, if anyone says their method is better than others, that makes a trade certain, then no one will take the other side of the transaction. I thought that if I learn about the market, I can increase the certainty of the trade. but if the trade is certain, then no one will take the other...

it is crap

I know you are smarter than me and that is what you want to prove by this post. if you do not want to help and be more specific in your posts and not be personal and call everyone a dummy......maybe it is better you make money and do not mock others and make pointless posts to elevate your ego.

:D I think you have to consider learning brooks like a college course ....sit down and study it for half a decade or more. if you are young then go for it. I studied brooks for 12 years and grew old doing it:now I just do not have the energy to trade his methods. I just trade whenever fresh. I...

you have done the right thing by starting with H2/L2 -make sure there is a strong trend. markets are complicated and brooks tells it like it is........ when I first read him and heard that any trade has a probability of 60%,i thought he was mad. I thought I could make trades which were...

exactly!!! known to everyone and there is no edge if it is known to everyone. you do not need edges you need everybody participating. this is theory it will not help anybody make money but just pointing out something purely theoretical and perhaps not understood by everyone.

i repeat if an edge means a secretive thing which no one else knows....then I have already explained it is useless because a secret cannot move markets..... that is all I am saying

your strategy outlined is a good one ......and quite workable.......if managed properly. but why is it workable?: i suspect it is because everyone can understand it this concept of edge comes from game theory or a casino type environment . this is an closed or controlled environment...

I have one observation to make about your trading platform the bars are too thin and I had difficulty to see them. i do not know if this was me only. this is because you do not have candlesticks and candle sticks are thicker and hence easier to see. if you can do something about this it would...

any strong momentum move is tested. this test may retrace the entire momentum move. when it does not, the test may also be a time correction instead of price: meaning it will spend more time, sometimes a lot more time, than the momentum move. Brooks does not talk about this. not many talk...

ok I am out of tournament forgot to trade out before the close. but I have just found out how difficult it is to make money or lose money without any leverage. any way it was fun.

I have found that brokers who give trading bonuses have ridiculous spreads so what they give in one hand is taken away with the other. you could google 'no deposit bonus' or enter in contests to learn trading.

yes yes yes yes you are young you have time you have a job so do your job well and work hard..... let trading be your passion...for some time and make your girl friend happy........ and be happy to be alive

you do not own dollars or euros? you do not get physical delivery of the currency....I never wanted the delivery any way.

nice update I hesitate to ask you but....what rule did he break to lose his account.....that would help us perhaps, not to make the same mistake. however if you would not like to make this public because of any reason I will understand....this contest is your baby...

ON CAMERA!!!!!!!!!!!!!!!!!

taking low probability trades for high reward is a strategy used by many:taking his chances as you so tritely put it. if not who is selling the low of a market?. this is why there is always someone willing to take the other side of the transaction. if your post was for 'information' only, then...