I went through Forex forums today
Feb 26, 2016 at 07:47
681 Angesehen
8 Replies
Mitglied seit Feb 22, 2011
4862 Posts
Feb 26, 2016 at 07:47
(bearbeitet Feb 26, 2016 at 07:58)
and I found out that you should not listen to nobody. I mean 95% of traders are wrong so if you follow their advices you will be wrong too, right?
Do you agree?
Do you agree?
Feb 26, 2016 at 11:13
Very true! There is no alternative to THINK OF YOUR OWN.
But it is not wrong to get some inspration from others. If you hear advices like 'try this' or 'look at that system' or whatever you can try it, but you still have to be sceptical.
But it is not wrong to get some inspration from others. If you hear advices like 'try this' or 'look at that system' or whatever you can try it, but you still have to be sceptical.
Mitglied seit Dec 22, 2015
276 Posts
Feb 26, 2016 at 11:39
(bearbeitet Feb 26, 2016 at 11:40)
I read that 98% wrong. So that still leaves us with the 2% that we can take advice from. I must say, in my experience, they are not very advice giving.
If you want to go fast, go alone. If you want to go far..Go together..
Mitglied seit Feb 22, 2011
4862 Posts
Feb 26, 2016 at 11:41
And furthermore you can find opposite advises like buy/sell the same pair :)
I believe in my own strategies and results based on backtesting and forward testing.
Its quite funny to see these screenshots with like 10 colours and 10 indicators.
Nobody can sucessfully trade like this
I believe in my own strategies and results based on backtesting and forward testing.
Its quite funny to see these screenshots with like 10 colours and 10 indicators.
Nobody can sucessfully trade like this
Mitglied seit Dec 22, 2015
276 Posts
Feb 26, 2016 at 11:55
Oh absolutely yes. Now and again if I have a pair that is not trading like it should, I consult other sources for confirmation of the direction of the currency pair. I have two sites that will at times give the exact opposite forecast. Thus I rely solely on my own ways of establishing direction and I am right most of the time. Also not a fan of indicators and colours. The more basic, the better. I believe that indicators will give you an excellent view of what happened, not really what is happening.
If you want to go fast, go alone. If you want to go far..Go together..
Mitglied seit Feb 22, 2011
4862 Posts
Feb 26, 2016 at 11:56
trendfollowers posted:Exactly as you wrote.
Oh absolutely yes. Now and again if I have a pair that is not trading like it should, I consult other sources for confirmation of the direction of the currency pair. I have two sites that will at times give the exact opposite forecast. Thus I rely solely on my own ways of establishing direction and I am right most of the time. Also not a fan of indicators and colours. The more basic, the better. I believe that indicators will give you an excellent view of what happened, not really what is happening.
Mitglied seit Dec 11, 2015
1487 Posts
Feb 29, 2016 at 09:55
I think it's always good to know someone else's opinion before making a decision, but ultimately a trader should form their own views and follow them rather than blindly listen to someone else.
Mitglied seit Dec 22, 2015
276 Posts
Feb 29, 2016 at 11:36
(bearbeitet Feb 29, 2016 at 11:36)
Oh yes.. The problem is finding a reliable source (usually paid)
otherwise you will just hear BUY/SELL simultaneously - rendering it a bit useless..
otherwise you will just hear BUY/SELL simultaneously - rendering it a bit useless..
If you want to go fast, go alone. If you want to go far..Go together..
Mitglied seit Feb 22, 2011
4862 Posts
Feb 29, 2016 at 13:19
It is good to knowopinion
But it is necessary to trade according to your own plan
But it is necessary to trade according to your own plan
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