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spitrader

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Posts posted by spitrader

  1. Hi,

     

    Firstly, thanks for this.

     

    I've run it on IQFeed. I can load both Daily and live charts, which I've been able to Save and Reload saved files.

     

    I can watch a live 1 min chart build, but the program seems quite fragile. I've had it crash a few times. At others it has hung when I tried accessing menu items eg Chart, Format etc. When that happens CPU cycles just keep climbing until I shut it down via Task Manager.

  2. Take this fwiw from someone who has been in the game for over twenty year.

    Invest in screen time watching live data.

    Your goal is to identify price behaviour (market participants psychology) that repeats constantly.

    The best place for this is spot forex, where it can be seen on a daily basis.

    Having identified these areas, you can then develop your own system to trade them.

    This can be built around whatever indicator etc that resonates with the way you see the charts.

    There is no right or wrong method - just what works for you, and what doesn't.

    Just be sure to have a plan, written is best (and don't be afraid to modify it as you progress) that articulates exactly what your entry criteria will be and your trade management, which is paramount.

     

    Lastly, don't forget to enjoy the journey. ATB

  3. Absolutely, you can make fast money trading Forex.

    The only problem, that most people don't want to acknowledge, is that it takes a long time to learn to trade consistenly well.

     

    I know what I'm talking about. I started full time trading 21 yrs ago (1995) on Indice futures, then switched to forex nearly 10 yrs ago.

     

    The holy Grail is out there - it's whatever works for YOU, that gives you an edge. Couple that with discipline and money mgt and you'll be on your way.

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