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    Why do newbies lose?

    it is as simple as taking candy.....from a man eating lion. simple but dangerous.........and while if you succeed you can post in ET and have bragging rights: never forget that you can get killed. you can never trust any beast, you do not know, what it will do, at what time, and markets, are...
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    Why do newbies lose?

    this is the worst belief traders have that to make money you have to trade big .....i traded one contract in ES and made 1000 usd in 70 min
  3. P

    Why do newbies lose?

    the only thing i was missing was profit and that is not missing now
  4. P

    Why do newbies lose?

    Brooks is not complicated he is extremely simple.....if you understand him......the problem with knowledge is that everyone has knowledge but no one has understanding.... i had knowledge of BROOKS for 20 years but only NOW i have understanding of what he says. HE IS A GENIUS. for me trading is...
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    Why do newbies lose?

    you do not need 100 contracts.....i made 1000usd trading one contract in an hour
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    Why do newbies lose?

    writing is easy.....
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    Why do newbies lose?

    actually, i had given up totally. then i fell from my 2-wheeler....and i was in bed for 5 weeks.... watching serials on Netflix.... and then i had this idea why do i not trade, to kill time...... amazingly, for some reason ,i understood what Brooks was saying all this time and i am trading...
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    Why do newbies lose?

    simple context too......as explained by Brooks. it will not make you a great trader but it may keep you from losing and give you time to learn......i agree there are market conditions that require a great deal of finesse.....markets will do anything to take your money :D it takes some...
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    Why do newbies lose?

    the failures do not follow these set ups alone......they go for all sorts of things like trend lines wedges patterns fib elliot wave all high failure rates and subjective
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    Why do newbies lose?

    i told you risk is built in the set up one bar. exit strategy simple exit half at 1:1 and swing rest for 1:2 or 1:3 Brooks explains these
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    Why do newbies lose?

    if you follow simple set ups like reversal bars , two bar reversals, inside bar/s , double bottoms and double tops....you cannot lose. These have been used by traders for hundred years if you see the write up by Brooks concerning set ups and follow what he says strictly you cannot lose: why...
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    Pips difference in brokers?

    it is better to assume that spot forex brokers are dacoits or worse......the market is not regulated ......
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    Swing trading vs. day trading

    in the trading there is no second thing. only trend. Time frame does not matter
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    A Retail's Day Trading Experiment

    it is your choice. overtrading is not a problem by itself but you need a very high win rate above 85 % or so. making a lot of trades and not losing many means you have very high degree of market knowledge. Also if you trade big volume for small profit, brokerage becomes significant. if you...
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    Swing trading vs. day trading

    what EVERY trader should focus on is only ONE thing: FIND THE TREND. AND IF YOU FIND MANY choose one to trade
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    A Retail's Day Trading Experiment

    then you are not recognizing the trends ......... if you are losing money then you are not trading with the trend but against it. this is the only reason for losing trades. PS : I like BIG and RED
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    A Retail's Day Trading Experiment

    stress comes from not understanding. there are trends on 5 min like there are daily or weekly trends. you see some people say ...'I am a trend trader!' Is there any other kind? there is no way you can buy low and sell high if you do not see a trend. you have [only] two options: sell first and...
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    A Retail's Day Trading Experiment

    you have something against marriage?......:confused:
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    A Retail's Day Trading Experiment

    you are too kind. actually those guys were right in a way. i was trying to understand Brooks and failed for 10-15 years. I basically had no clue what i was doing or even why i was doing it all my life i was trying to find ,what most people knew was futile, what the market is doing. this is...
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    Have you ever traded on an evaluation account?

    have you taken any of these or is it just research?
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