Need Guidance Getting Started with Small Account

[traction]

It’s not you - it’s definitely ME. Manually scalping is like opening a restaurant - your odds are about 10 percent. In the Pits, you had about a half second time advantage to pick off paper and that was worthwhile. In the very early days of electronic trading, you had a slight inter market information advantage. At present the automated trading systems are so strong and well designed by very smart players with a serious capital and ECN advantage that you’ve got no chance with a mouse in hand staring at a screen.

There are some highly experienced exceptions but the years and the capital it took them to get there is astounding and impressive.

Thanks for the advice.
So is it safe to say that most of the members on here that claim to be in and out during trading hours only are using one of the advanced computerized methods ?

 

[bone]

I’m not going to speak for anyone else. I can only speak for my own experiences as a trader and working with other traders. And I definitely won’t vouch for other trading mentors and trader funding gimmicks because most are just thieves.

Thanks for the advice.
So is it safe to say that most of the members on here that claim to be in and out during trading hours only are using one of the advanced computerized methods ?

 

[Burigelv]

Of course, you must give yourself some time to achieve results in the forex market.

 

[SimpleMeLike]

Could maybe someone who is successful and trades full time for a living record a typical day of trading to share? Im sick of the 20 something gurus on youtube and would love to see a pro at work.
@Tradex?

Traction,

LOL, pick a number and get in the back of line.

@[URL='https://www.elitetrader.com/et/members/dazz.516121/']Dazz[/URL] may be able to guide you better on this.

If I was a bit more consistently profitable day to day, I would show you, but my trading may misled you for now.

 

[SimpleMeLike]

Thanks read that but looking for more examples of TA and day trade execution

traction,

One thing you can do is search and interview around for price action trading courses or books to read. I prefer video courses.

 

[traction]

traction,

One thing you can do is search and interview around for price action trading courses or books to read. I prefer video courses.

Thanks!
I completed the Macks price action trading course and am also through 60% of the Al Brooks course. Although very thorough they seem to depend on the accuracy of a surgeon.
Unfortunately when I try to implement their theory Im more precisely wrong than roughly right.

 

[SimpleMeLike]

Thanks!
I completed the Macks price action trading course and am also through 60% of the Al Brooks course. Although very thorough they seem to depend on the accuracy of a surgeon.
Unfortunately when I try to implement their theory Im more precisely wrong than roughly right.

Hello traction,

Watch the charts everyday and do what makes logical sense regardless of risk vs reward. If it makes money and it makes you feel good. Keep doing it.

 

[easymon1]

$25k

Got Tested Setups?
Got a Solid Trading Plan?
If so then Let 'er Rip Skip.
Time's a Wastin'.