im amazed by your consistency.. i've been trying to learn this method for quite a long time now (since introduced rainbow method) but can't achieve any good results. may i ask what do you consider to initiate a trade? because for me its like 50/50 chance it may retrace a few pips after i enter, hence i'd have to cut loss... many thanks
what you name "consistency" is the motivation to beat the human nature of ..random behavior.. After 6 years of trading I have got some mental patterns which increase the w/l ratio.
Consistency is always the key and you are just amazing. I have rarely seen traders been so consistent like you. It also helps amateur like me to learn something because we always lack consistency. I am doing practice regularly with OctaFX broker’s amazing demo contest Champion where I can also win up to 1000 USD prize so apart from getting my consistency level high and knowledge I also have been improving on experience factor as well and lastly the chance of winning that money.
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
Reading simultaneously two books on Technical Analysis, one good and one (very) bad. The good one is this, by Martin Pring . All you need to...
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
5 comments:
hello,
im amazed by your consistency.. i've been trying to learn this method for quite a long time now (since introduced rainbow method) but can't achieve any good results. may i ask what do you consider to initiate a trade? because for me its like 50/50 chance it may retrace a few pips after i enter, hence i'd have to cut loss... many thanks
Hey I really like your blog!
Really good trades as well!
p.s. I will put you own my blog list ! ;)
http://fx-juliaclara.blogspot.com
what you name "consistency" is the motivation to beat the human nature of ..random behavior.. After 6 years of trading I have got some mental patterns which increase the w/l ratio.
Julia,
thank you very much! Ypur blog is very interesting! I will keep an eye on it!
Consistency is always the key and you are just amazing. I have rarely seen traders been so consistent like you. It also helps amateur like me to learn something because we always lack consistency. I am doing practice regularly with OctaFX broker’s amazing demo contest Champion where I can also win up to 1000 USD prize so apart from getting my consistency level high and knowledge I also have been improving on experience factor as well and lastly the chance of winning that money.
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