Forex: trading the professional side of FX market

Discussion in 'Journals' started by tomas.v, Jan 10, 2023.

  1. maxinger

    maxinger

    [​IMG] upload_2023-2-21_22-11-7.jpeg

    [​IMG]



    Honestly speaking, decades ago, I wouldn't be able to distinguish between
    professional trader from professional talker/writer.

    It is time for the OP to create another new nick like
    @Dominic Walsh or whatever
     
    Last edited: Feb 21, 2023
    #11     Feb 21, 2023
    ChipShotTrader likes this.
  2. rb7

    rb7

    Maybe it wasn't intentional, but you posted videos where you're advertising web sites from which you are trying to make money from. There was no 'digging' done as you mentioned. If this is not promoting, I don't know what it is.

    In trading, anyone giving free advices sounds fishy.
    There's always a goal behind it.
    And no, simply helping others is not one of them...
     
    #12     Feb 21, 2023
    cesfx and M.W. like this.
  3. maxinger

    maxinger

    Those who can trade, trade and don't teach.

    Those who cannot trade, teach and don't trade.
     
    #13     Feb 21, 2023
  4. maxinger

    maxinger


    I clearly remember my former forex coach (a hopeless useless failed forex
    coach ) said :

    " You can bring your laptop to Cyprus/Thailand .... for holiday, and
    just spend about 10 minutes / day looking at the forex charts,
    and just click here and there.
    and the $$$$$ will just pour in every weeks/months/years ....".

    I wanted to strangle him.
    Fortunately, he went into hiding in don't-know-where.

    upload_2023-2-21_22-39-53.jpeg
     
    #14     Feb 21, 2023
  5. M.W.

    M.W.

    Professional, professional, professional.

    Let me tell you, nothing whatsoever about your attire, your attitude, the way you talk, the way you trade or conduct yourself, is in the remotest professional.

     
    #15     Feb 21, 2023
    maxinger and legionx like this.
  6. Overnight

    Overnight

    "...5. Connection to yourself. Emotions and inner voice are important feedback mechanisms that signal to the trader if they are doing something wrong. For example, if you feel stress while trading, it could mean that you're risking too much or that you broke your rules and opened a stupid position. Greed and euphoria are bad companions as well, leading you to the abyss. The normal condition of a trader is emotionless - i.e. when you've transcended your emotions and lower animal mind impulses, you're in unity with Yourself, you're Here and Now, you're free of any unneeded thoughts - then you're seeing an undistorted view of actuality, you can interpret information in the way it actually is and you're acting correctly. You're acting with inspiration and thankfulness - these conditions are above emotions.

    Of course, the list of 5 points above is not all that is needed to become a successful trader in the market, however, these points are very important. It's interesting that they're valid not only in trading but in also in other professional areas. Because deep down they're about self mastery. I wish you an interesting and fulfilling road while striving for self mastery in your professional area..."


    Then you need to find your self-mastery, because you are trying to give everyone here lessons on life, and not just trading. Sorry, we are way ahead of you, stout yeoman.

    Your hubris is offensive.

     
    #16     Feb 22, 2023
    legionx likes this.
  7. tomas.v

    tomas.v

    Hi everyone, hope you had an inspiring trading week. Wanted to share with you a very important morning routine that I have recently discovered that has upgraded my trading mindset to a new level. After three weeks of practising it helped me create a new layer of focus and tranquility that enabled me to trade successfully even while on the move or at the beach.

    How it looked from the technical side: I get push notifications to my smart watch, then I open the phone to connect to my Windows VPS via RD client app and see if there's an actual setup, if yes I enter into trade and then open the laptop to set and fine-tune exit orders (as my phone's screen is too small for that), by using tethered mobile internet connection.

    That is a dream actually coming true because trading while sitting near the winter sea in southern Spain brings me a calm and inspired state of mind and my phone nor laptop don't overheat because it's winter! But that would have been impossible to comprehend for me without this morning routine as my mind was too stubborn, frigid and attached to the idea that "to trade seriously you need to trade from the office". Nope it's not true because it's all in your mind. And to master your mind, consider the morning routine as explained in my video:



    P.S. If you have any specific questions about trading the professional side of the forex market, feel free to reach out to me via private messages and I will consider your question for my articles and videos. Only private messages will be considered.
     
    #17     Feb 24, 2023
  8. M.W.

    M.W.

    Where is your fx professional gone? Blew up already? That was fast
     
    #18     Mar 10, 2023
  9. tomas.v

    tomas.v

    Hi everyone, didn't post much lately as I have been working my ass off without weekends expanding my services portfolio as a professional forex trader.

    So after my early morning's walk in the forest I thought I will share a quick advice for other traders.

    PROACTIVE VS REACTIVE TRADING

    Many traders want a simple, mechanical trading plan that is based on indicators and chart patterns. It's like you get something on the chart and you react by either trading it or not. However, we see that indicators are more often failing than working. Chart patterns are also more often failing than working. So what can you do about it?

    You need to be proactive. First of all, you have to identify price areas where you're going to expect a chart pattern or indicator signal to happen. To be able to do that you need professional market knowledge which you can't get from youtube, babypips, books and most forex teachers.

    When you identify your price area and expect a certain pattern or signal to happen, you're making a prediction (step 1). After you've predicted what's going to happen, you wait for it to happen (step 2). And then you know that if A happened, followed by B, then it's very likely that C will happen as well. So then you trade (step 3).

    Sometimes I wait until evening for my morning's predictions to happen. Or until tomorrow. Or longer. Remember - patience is the name of the game and if you use proactive approach then you're less likely to fall into trader's psychological traps and also more likely to make more money.
     
    #19     Mar 17, 2023
  10. maxinger

    maxinger

    He seems more like a professional entertainer.
     
    #20     Mar 17, 2023