What does matter

Jul 24, 2019 at 13:34
2,683 Views
55 Replies
Member Since Feb 22, 2011   4862 posts
Jul 24, 2019 at 13:34
Hi there,

I often get questions or see discussions about what trading type is better, like scalping, daily trader, technical master, fundamental genius.

My answer is: no type is the best. Everybody has its need and I am sure my shoe would not fit your feet.

What does really matter are results. If you are continuously meeting your trading profit and expectatons keep it that way.
If you are not change your trading plan/approach or even start doing something you excel in.

The problem is people do not listen, they want holy grail and they want it now. Thus they end up sometimes paying for a promised mircale but buying shit in fact.

Howgh.
Member Since Aug 27, 2017   994 posts
Jul 24, 2019 at 15:36
togr posted:
Hi there,

I often get questions or see discussions about what trading type is better, like scalping, daily trader, technical master, fundamental genius.

My answer is: no type is the best. Everybody has its need and I am sure my shoe would not fit your feet.

What does really matter are results. If you are continuously meeting your trading profit and expectatons keep it that way.
If you are not change your trading plan/approach or even start doing something you excel in.

The problem is people do not listen, they want holy grail and they want it now. Thus they end up sometimes paying for a promised mircale but buying shit in fact.

Howgh.

Fact is: there is nothing like Holy Grail in Forex! Besides, copying others trading style beings more loss!
keeping patience.......
Member Since May 13, 2019   26 posts
Jul 25, 2019 at 17:17
Just already replied to the thread like that. Yes indeed there is a way for that matter anyway. No matter how you really put it. People are still looking for some pills and things like that anyway. How do you really going with that ? Please explain.
Member Since Jul 24, 2019   23 posts
Jul 26, 2019 at 11:40
The holy grail exists and is in everyone. Everyone has their own thinking, their own ideas. If thinking is not standard, with a share of genius, fast, then the holy grail will be golden, congratulations, a good idea will come soon. If thinking is backward, then the grail is made of shit. Sorry.
Member Since Apr 18, 2017   920 posts
Jul 28, 2019 at 08:41
Hardolian posted:
Well if you put your question really that way then it doesn't really work for many many years to come. Each his own of course have his own ideas for everything but it doesn't really means anything. Do you see my point out there ? It's still tells you to look it in yourself.

Yes I got your point & agree with you! Of course; there is no way to rely on others! We should follow our own path!
Member Since Jul 31, 2019   28 posts
Aug 07, 2019 at 09:17
Agreed, people do trade by following others, but that is going to be of no use. Trade according to your own plan and goals, this will help one to be independent and safe from blame game.
Member Since Jul 31, 2019   12 posts
Aug 07, 2019 at 10:22
problem is that there is so much sh*t out there that people do not know what strategy to learn. Sure everyone can learn the basics and risk management for free online but when it comes down to learning a strategy there it is too much rubbish out there that it is impossible to find the needle in the haystack
Member Since Feb 22, 2011   4862 posts
Aug 07, 2019 at 10:45
Jumo posted:
The holy grail exists and is in everyone. Everyone has their own thinking, their own ideas. If thinking is not standard, with a share of genius, fast, then the holy grail will be golden, congratulations, a good idea will come soon. If thinking is backward, then the grail is made . Sorry.
Sort of like your comment about grail in person
Nice imagination :)
Member Since Feb 22, 2011   4862 posts
Aug 07, 2019 at 10:46
BBBLack posted:
problem is that there is so much sh*t out there that people do not know what strategy to learn. Sure everyone can learn the basics and risk management for free online but when it comes down to learning a strategy there it is too much rubbish out there that it is impossible to find the needle in the haystack
nicely polished and people are too lazy to learn trading the old stony road way.
Member Since Aug 08, 2019   10 posts
Aug 08, 2019 at 11:53
I do not think lowest spreads makes much difference. As long as you get good spreads (around a pip) that is good enough. Most losses are due to bad trades not bad spread
Member Since Feb 22, 2011   4862 posts
Aug 08, 2019 at 12:08
Rohtas posted:
I do not think lowest spreads makes much difference. As long as you get good spreads (around a pip) that is good enough. Most losses are due to bad trades not bad spread

Well it depends on strategy,
some robust strategies when you open 1 trade at the time with regular sl and tp and keep it open longer will work with high spreds,
other not so robust strategies are very spread sensitive
I have strategy running on low spreads account
I mirror trades from this strategy to large investor account with spreads 7x higher than master!
So when I close profitable trades on master account it is close with low profit or even loss on high spread account.
So yes spreads are important.
Member Since Aug 16, 2019   11 posts
Aug 16, 2019 at 09:29
Everyone in this game seems to want get rich quick scheme but that is never going to happen. People need to learn and trading at pips school first only then can they dream of becoming rich. yes, learning is boring but all good things come to those that wait and work hard
Member Since Apr 18, 2017   920 posts
Aug 17, 2019 at 15:21
PitCarry posted:
Everyone in this game seems to want get rich quick scheme but that is never going to happen. People need to learn and trading at pips school first only then can they dream of becoming rich. yes, learning is boring but all good things come to those that wait and work hard

Basically; greedy traders are following shortcut way! I see; pro traders are very decent on their average target issue; they don’t setup any unrealistic target!
Member Since Aug 11, 2017   886 posts
Sep 07, 2019 at 08:04
According to my trading experience I think we the traders have to choose the broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept such as this.
Member Since Jul 26, 2019   31 posts
Sep 08, 2019 at 15:47
What really does matter is your broker, cause when you will not be able to get paid it will be all about which you will be care about really. I do hope it wil work with that really and completely if needed. Do make some work out there and check reviews.
Member Since Sep 09, 2019   11 posts
Sep 09, 2019 at 11:18
Broker is important but as long as you get a regulated broker you will be fine. Strategy you use is of utmost importance. Get that right and $$$ get that wrong and you will be broke
Member Since Feb 22, 2011   4862 posts
Sep 09, 2019 at 17:56
Guys,

you are both right, good broker without withdrawals issue
and strategy working long term for you
are a must have.
Member Since Sep 10, 2019   10 posts
Sep 10, 2019 at 09:52
Money management is very important to have as well. Without that you can still fail if all other components are in place
Member Since Feb 22, 2011   4862 posts
Sep 10, 2019 at 10:02
kamikazebogeyman posted:
Money management is very important to have as well. Without that you can still fail if all other components are in place
Well MM is part of trading plan
Without trading plan you should not trade at all
Member Since Jul 09, 2019   26 posts
Sep 11, 2019 at 05:18
Adribaasmet posted:

Fact is: there is nothing like Holy Grail in Forex! Besides, copying others trading style beings more loss!

That’s true. Finding someone to copy from the impressive profiles is a kind of risk only. From thousands of profiles you are sure to find some risky traders in them.
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