first thing first - read soros and try to understand market reflection. so many say he does not give away nothing, well here it is. from there is easy. ps- i am not bookseller
Use the forex juice indicator ,it works I use the forex juice indicator , it works very well , if I rub lemon and lime juice on my face , before trading ...............It even shows me two tradeable daily trends on S and P It works because the indicator colours are green and lemony , and I am a profitable trader , only I know the system with an edge.My name is Jtrader (J=Juice Juice trader)
Contrary to popular belief, there are many publicly available works that provide excellent insight as to how to analyze markets. However, you still have to tailor such things to your own style for them to actually work. In my opinion, the problem that many people have when it comes to trying out publicly-available methods is that they don't add their own spin to it. Instead, they try to do everything as they've read...thereby playing another man's game. To do what I'm suggesting requires a lot of time in front of the screen applying what you've read, analyzing markets and finding your own tailor-made edge.
I hear you, of course, but in my opinion most of those trying out publicly-available methods don't have the requisite skill-set to do that productively - and indeed that's precisely why they're trying out publicly-available methods in the first place. Typically, they imagine that if they can copy/duplicate something that "just works", everything will somehow, magically, work out alright for them. It doesn't of course, partly because they're also people broadly unable to identify methods which are based on sound principles, and they don't appreciate the extent to which it's traders, rather than methods, who are profitable (and partly because most publicly-available methods are nonsense to start with). So they try to change the methods (often by adding indicators to "confirm" the signals the method produces, presumably not realising that imposing additional degrees of freedom on a system increases the extent to which it's curve-fitted and therefore reduces its chances of forward-going success). Accordingly, I think the problem many people have when it comes to trying out publicly-available methods is that they do add their own spin to it.
Successful trading requires your Mind, Money and effective Method or strategy. Without one of them, your trading foundation will not hold, and you will not succeed. You need all three of them working together to make money as trader. Now ask yourself, Do I have these requirements, If not, why? Your answer to these questions will determine whether there is something more to try to be successful.
Might sometime as trader they having feeling easy to lose than win, might already trying many kinds method and system trading that recommended but still fail, and I am agree if become success trader also need using our minds and our strategy also using risk management, if likely we in wrong side hence better cut loss
You're right about charts, doesn't matter how hard chartist jump and down, stomp their feet and pound their fist. They cannot predict the future. Find a directionless strategy and learn it well, develop your own style, figure out what works for you and stick with it. Forget the noise. Hint build it around sure thing, well closest to sure thing. Blue chips, dividend, dollar cost averaging, sell theta option premiums etc. Remember 95% loses money trading, and it's not easy for the remaining 5%...
Trading is as easy or as hard as you make it, basically you just need to BLASH (Buy Low And Sell High) and/or to SHABL (Sell High And Buy Low), it is as simple as that, however, you first need to figure out what is High and what is Low, you do that and you will make money...
It depends on what you mean by "everything". New traders often stay focused primarily on entry techniques when in fact they are only a small part of trading. The exits, the exit rules and conditions, being consistent are actuality more important, as well as accurate back testing and analytics. 10 Years of back testing will do you no good if you haven't tested and analysed accurately - which includes trade allocation and risk management; if these two parts of the system are not tested for the optimal ratios, a fantastic entry technique can be an epic fail, and a modest technique can be an amazing money maker. Step back and examine what your focus is - are you leaving a part of the picture? Are you making some assumption that are incorrect and untested? Don't give up; many believe that successful trading is 'magic'. It's hard, time consuming work. You can't read a book on brain surgery over the weekend and expect to perform surgery the following Monday. You cannot read a book about cycling and expect to compete in the Tour. It does take more than two years - if it were that easy, everyone would be doing it.