Is Forex market an illusion ? How to adapt to it ?

After some time losing money in the markets it is normal for some traders to come to the conclusion that the market is an illusion.
agree

do you think billions are sunk into some illusion?

markets are logical........and predictable and extremely simple.

it took me 14 years and maybe a 100 blown accounts to make my dream come true.

never was scared of blowing accounts........
 
Sure ...

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i have not linked any account.........give me the link....

i am the ONLY one here who has been publishing his blown accounts for everyone to see....

those who are scared of blowing accounts never become great traders
 
i have not linked any account.........give me the link....

i am the ONLY one here who has been publishing his blown accounts for everyone to see....

those who are scared of blowing accounts never become great traders

Not the first time you denied it being your account either ...

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Not the first time you denied it being your account either ...
it took me 14 years and maybe a 100 blown accounts to make my dream come true.

i have never denied blowing accounts......i have never tried NOT to blow accounts.

i have just said i have blown a 100 accounts......so what the fuck are you 'discovering' or telling the world......i told the world first
 
I've been learning trading forex for about a year now and i've tried different Indicators and strategies and it seems that none of it is working in a long term

Ok, you can compare Indicators to the tools tradesmen carry to do a job.
Their tools help them do each job but the tradesman still needs to know what to do and adapt to every situation he will encounter at each work site.

Only 1 year is not enough to acquire the skills to trade successfully long term.
Even if you are a super smart person with an IQ of 200, you still need the knowledge and experience and that my friend will take time.
If you stay with it for 5 or more years and you spend enough time on it you might make it.

What strategies work for you knowing that market is built this way? How to adapt to it?
The only strategies which I've seen work consistently for many years are those which are traded by experienced traders, so again it comes down to how much time you've spent in this game.

You can compare Forex like going to a casino where the house holds most of the cards and where the house always wins ( well... almost always). You'll have to find a way to change the odds and tilt them in your favor and that my friend will take time, you cannot learn it by reading a few posts in a public forum.

Staying consistently profitable is very hard to do without the experience.
So ask yourself, are you able AND willing to spend countless hours learning?
Because spending 1 year or 2 trying different indicators and EA's and part time research and demo trading is not going to be enough to teach you the skills needed to beat professionals, who are experts at taking people's money every day.
 
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i have never denied blowing accounts......i have never tried NOT to blow accounts.

i have just said i have blown a 100 accounts......so what the fuck are you 'discovering' or telling the world......i told the world first

I am telling the world that you are a liar, have been for years now here.

Every so often you come back and claim to be profitable, finally ... yet that never has been true and it isn't true now ...
 
i have never denied blowing accounts......i have never tried NOT to blow accounts.

i have just said i have blown a 100 accounts......so what the fuck are you 'discovering' or telling the world......i told the world first

By the way, i never said you denied blowing up accounts. You did however just denied that those screenshots are from your account by saying you don't have any accounts linked.

Hard to keep track of your own lies?
 
Forex market is very wild, how to make a consistent trading profit is like an as big challenge for every trader, maybe only small percent trader able to survive and success in trading, many traders fail to maintain account more than six months
 
it took me 14 years to figure out how to take money and not give it AWAY... in forex markets.

so you have a bit to go.

i tried the things you tried and a bit more besides.

i then decided to throw most of technical analysis out except for the simplest and most basic stuff..like is the market trending or ranging.......

to make a longish story short i started making winning trades ......now on many days i make only winning trades........i do not trade many trades......in 18 hours i trade maybe 4-5 trades..

i trade 5 min.

it is absurd to say that markets or forex markets are noisy.......time frames are noisy and all time frames have some noise..........the problem novices have is in distinguishing which signals are given by noise [which is essentially smaller time frames] and which otherwise......then there are signals given by all the larger time frames...which adds to the confusion......

so all this can confuse the hell out of you for decades..........so do not expect any fast fixes to your trading dilemma.

money in the real world is NOT given away but EARNED.

most traders are ridiculously over qualified and think of complicated theories -remember LCTM which was headed by two Noble laureate winners.
Padman, has your favored entry from back when you got pissed off and simplified the heck out of your aproach down to a 20MA and some select part of Brooks?
Here's a chart with a trade that has your name on it.
Does it qualify?
The Padman Special?
https://www.elitetrader.com/et/thre...t-right-here-baby.343012/page-12#post-5420464
 
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