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    Why do traders fail?

    the only risk is ignorance.....
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    What do you do after a losing trade?

    i have done nothing but lose for ten years but i have always believed that markets movements are rational and therefore predictable. i have also always believed that it is possible to have 100% win rate on a consistent basis even when scalping. call me romantic ....but you have to believe before...
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    Young Trader need advice and mentor(if possible)

    i like you you are one of the few persons here who post charts...so know uyou are very much interested in technicals
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    What do you do after a losing trade?

    they say losses are unavoidable in trading and for years i believed them. If you believe them, then you will continue to lose. Markets move because of market realities,realities which can be discerned from the market action in front of you. i know this will not help you practically to make...
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    Young Trader need advice and mentor(if possible)

    thank you for explaining your trading philosophy. My philosophy,i should warn you, may seem a little unconventional or even eccentric, but i believe in it and have believed in it, even when it leads me to losses for ten years. Belief leads to persistence and this is the key reason that has made...
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    Mark's Price Action Course

    some people think markets move randomly or without sense....this line of thinking is absurd. traders, very street smart, intelligent traders, buy and sell .....and movements are a result of this. There is a technical reason for every movement. markets behave according to certain laws and are...
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    Mark's Price Action Course

    thanks for some reason i missed the alert for reply oil is a traders delight....
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    Mark's Price Action Course

    the end of a trend, is a trend and if there a lot of red or green bars, then it may be getting ready for a PB at best
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    Mark's Price Action Course

    good point a trend in the beginning has very little momentum....lot of deep pullbacks, which makes the move look weak, but it just grinds relentless on,trapping all those who do not know it is a trend. remember [experienced with deep pockets] traders want to enter at the best price, so they...
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    Day Trading Is Back......Folks Leaving Steady Jobs

    if you are new to trading you have to beware of this.....it gives you no incentive to learn the finer points
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    Day Trading Is Back......Folks Leaving Steady Jobs

    have you been trading then? stop losses restrict losses....but if they are hit too often then something is wrong with your strategy. certain concepts are difficult to understand like channels for instance....took me 10 years to understand it and then my losses stopped
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    Traders in Poland lost $151 million in 2018 alone

    you do not take traders from India
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    Day Trading Is Back......Folks Leaving Steady Jobs

    till you start winning try to lose small and trade tiny...it takes a lot of education to trade well and it is far from free but the rewards are fantastic...if you can do the work
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    Young Trader need advice and mentor(if possible)

    i too trade forex but i am from India I too ma close to perfecting my trading strategy....but mine is not so a system as understanding the market movements
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    Day Trading Is Back......Folks Leaving Steady Jobs

    i keep telling my wife that she is blo@#dy lucky to have a job.... trading day or night is a business and 90% of all first generation businesses, fail in the first year. this pertains to all businesses not only trading related. there is something unique in trading and that is :there is no...
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    Day Trading Is Back......Folks Leaving Steady Jobs

    when trading becomes easy...buy some options in this case puts....are there any with expiry one year out?
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    How do YOU decide where to place YOUR Stop?

    can you post a few hundred photos like this, please, PLEASE ....... PRETTY PLEASE
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    How do YOU decide where to place YOUR Stop?

    about 62 years..which is my age now.
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    How do YOU decide where to place YOUR Stop?

    i do not place stops to control risk or have a given risk reward ratio since i am always eventually right about market movements. the problem is one time i was wrong and my account would be blown...this has happened 10s of time in my ten years of day trading so now i put a wide stop to save my...
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    How do YOU decide where to place YOUR Stop?

    never think too hard...you will always find good reasons to do something stupid nay absurd. but if it suggests itself to you often, then take the suggestion. in my case it used to hit the stop and then take off in my direction, without even going one tick past my stop averaging should only be...
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