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18-24 months was for FA speculating. Short-term trades would maybe be 1 week max? If that's even enough time to have a coherent strategy.

Is that a picture of your car? Or is it a car you wish you had? The first time I bet any large amount of money was this September. I looked at what I thought I knew and all the other economists seemed to agree with me... That a recession was imminent. I bought a 3x leveraged gold fund, and a...

Trend channels are drawn by your own perceptions and can differ from person to person. Correct? What is the correct timeframe for a trend channel?

First, I'll start off by saying that I believe discussing TA and shorter-term trading strategies is the only use I can get out of this forum. If FA is the only way to go, then that is not something I believe this forum could help with. To illustrate why, you could read my other post about...

True that it might be boring. But at least it's certain that it's based on something real. It is an undeniable fact that Fundamentals are what moves the price of anything. Whether it be a currency, stock, or whatever. If there is any real science and logic behind TA, that's what I am here to...

Here's my currently open practice Fx trades. I am $34,000+ in the positive. I take no satisfaction from this because it's all guesses.

At this point, I'm trying to find out if there's any way to form a strategy for short-term trading. And that all this technical indicator stuff isn't just nonsense.

What about for the previous 12 months?

That sounds like the way to go then.

That sounds like what the "real guys" do. I was just reading about some Soros stuff. One time he noticed that since emerging Asian economies held their debt in USD, that moves in the USD would have a disproportionate effect on their economies and he was that as an investment opportunity. That...

So I started reading more about George Soros and other massively successful speculators. https://www.google.com/amp/s/macro-ops.com/george-soros-trading-strategy-how-soros-finds-trades/amp/ I read this article and others. They make longer-term bets on macroeconomic circumstances. Timelines of...

So what's a good system for trading? Are you talking about combining technical indicators?

If someone were to give me a "system" to start with, I'd listen. I don't really know what is meant by "a system" at this point. Combinations of technical indicators? Understand the markets? The fundamentals? Supply and demand. Good economic data = rising currency prices. Things like that?

https://en.m.wikipedia.org/wiki/Alchemy Many people in the past put lots of time and energy into trying to turn objects into gold. All there time was a waste. I was hoping to find someone here who could change my mind that trading is not the same.

Mostly it's "tough" because it is akin to gambling. And any attempt I've seen so far to try to predict the future is fruitless.

So you spent all your time sitting at a computer getting fat so you can make "not much?" And you claim to be a winner? Probably why you lack basic social skills because you're staring at a computer all day.

One thing is for sure: you can easily either lose or make a lot of money in Forex. If I picked any random currency pair and decided to hold it for 1 year... I can practically guarantee it will be a large gain or loss in 12 months. Right now in my practice Forex account... My wins mean nothing...

Is that really how you talk to people? Don't respond to any of my posts again.

Over time, do you make or lose money?

And at this point, I'm not sure if there is anything to figure out. Aside from possibly guessing on long-term macroeconomic trends. I would hate to spend so much time and energy on a fruitless endeavor.