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Where in Thailand do you live?

You will know when 1 loss wipes out a week of those small profits.

I have a list of friends and acquaintances that I am waiting to tell me that they bought before I am even going to consider entering. I really hope we get options for this instrument. Its too risky to short otherwise.

I am visiting family and friends after not being home for a year and a half and all I hear is everyone obsessively talking about bitcoin. People ranging from 60 year old's and 20-30 year old's. People that have no business talking about any trading at all. Cant wait for them bitcoin options to...

Did your system catch the pop in USDCAD? What timeframes are you looking at?

Would you consider buying a reaction near support looking for a break out up north past resistance an anticipation trade or a reaction trade? Or is it both?

I dont see how reacting can be for losers. It is something that must be done if trading a discretionary method. I think the question is if there is room for anticipatating (predicting) a certain outcomes based on what you see in the price action. I am refering to price action indicative of...

Being small and nimble allows one to react to price action. But to anticipate moves I think is the "holy grail". I guess a combination of the two is most appropriate. Anticipate but be ready to change your mind and react quickly.

What is more important in trading?

I tried holding a gold position for 3 weeks watching the equity go up and down, waiting for a break out on a longer timeframe price consolidation. Most price turns happaned in foreseeable locations and times so profits could (should) have been locked in with a stop. I let profits run in my...

1 and 4 hour charts are pretty key in my opinion. What goes up must come down....

Finally getting around to reading Boyd... Lets see what lessons can be taken from that book. I dont know if I've cracked the obvious but the Gold chart has been making more and more sense to me. What goes up..must come down...

I dont know if paper trading can help with the psycology of taking loses. I believe this is learned through taking some nasty loses and learning your lesson the hard way. Or maybe through mental work like visualization.

Range come from Technical levels in my opinion.

I look at the MACD to confirm what price is doing and to help tie the different time frames.

The micro fx futures are fine if you are swing trading. Its not suitable for scalping tho.

This is a great analogy. Id go further and say that lower time frame you are in the heat of the battle doing hand to hand combat and on the higher time frame you are more of a general who observes and only sends his troops to help with finishing off the losers.

If someone has enough resources to move the market momentum on a longer time frame perspective I'll bet they know something. Or even if they dont... May as well join in and use risk management to get out if wrong.

When an informed trader enters the market with large size. How can this be hidden from the price chart?

I think you need to apply Technical understanding to more than one timeframe as the momentum of the higher time frame will impact the lower time frame. The longer time frame players that move the market will step in once the lower time frame provides a good buying or selling opprotunity. I was...