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premierpips

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Posts posted by premierpips

  1. Re: Why am I learning Forex?

     

    I am now getting close to a year since I got interested in Forex. With all the demo accounts that I have killed, forums I have joined, real money I have lost and expert traders I have talked to. I come away with this conclusion.

     

    Trading Forex is a skill that has to be learned to a level of proficiency. You have to be humble and think of yourself as a kid in primary school just trying to understand the world around you. It can become confusing. Especially when you read or see a video with a guru telling you that everybody uses a technical tool the wrong way or most people don’t have the guts to make it. You think of yourself as being one of those people because you almost always get it wrong.

     

    Of all the expert traders I have spoken to. All of them lost trades and some amount of money before they were able to become successful. In some cases it took them months and months of losing money before they actually felt comfortable about their trades. So I am not alone and just need to stay in there and develop the skills.

    Have you ever used a screw driver to open a can of paint or used a knife to punch holes in a can of juice? Well they were not made to be used that way but they did the job. So this is the way I see it. Technical tools are used the way you understand them. Hence used the wrong way according to some people, but get the job done. People cannot teach you to trade. They can only provide help with your learning. You have to develop the art yourself. It takes time and effort and a willingness to understand you’re learning a complex art.

     

    Am I going to continue learning to trade? Yes! I would have to die trying for me to not to become a sufficient trader. Like the guys at the gym say "If you don't feel the pain then you're not building muscle". So for all of you who are new to Forex like I am. Don't give up! The pain is all part of building muscle.

     

    Nisky

     

    absolutely well said nisky.

     

    a trader I know (a good one at that) makes 2-4% a month on his trades and he doesnt trade anything less than the daily/weekly charts...

     

    how does this compare with other traders who claim to double their equity in 21 days or the likes.

     

    this is a long and painful learning experience and as malcolm gladwell says - you become an expert in anything once you've spent 10000 hours on it.

     

    im still trying to get there.... 1 hour at a time, 1 pip at a time.

     

    happy trading and learning.

  2. Re: Index of Forex Ebooks for starter

     

    my personal fave list. started off with these-

     

    Technical Analysis of Stock Trends, 9th Ed Edwards Magee

    Technical Analysis Nison, Steve - Japanese Candlestick Charting Techniques

    Forex Conquered, John L Person

    Reading Price Charts Bar by Bar - The Technical Analysis of Price Action for the Serious Trader, Al Brooks

  3. Re: Forex Mentor: Forex Profits With Macd

     

    rapid*share links as below.

     

    hxxp://rapid*share.com/files/332788581/MACD.part01.rar.html
    hxxp://rapid*share.com/files/332788574/MACD.part02.rar.html
    hxxp://rapid*share.com/files/332827901/MACD.part03.rar.html
    hxxp://rapid*share.com/files/332828127/MACD.part04.rar.html
    hxxp://rapid*share.com/files/332864477/MACD.part05.rar.html
    hxxp://rapid*share.com/files/332864513/MACD.part06.rar.html
    hxxp://rapid*share.com/files/333035974/MACD.part07.rar.html
    hxxp://rapid*share.com/files/333036017/MACD.part08.rar.html
    hxxp://rapid*share.com/files/333066116/MACD.part09.rar.html
    hxxp://rapid*share.com/files/333066308/MACD.part10.rar.html
    hxxp://rapid*share.com/files/333098527/MACD.part11.rar.html
    hxxp://rapid*share.com/files/333098514/MACD.part12.rar.html
    hxxp://rapid*share.com/files/333134049/MACD.part13.rar.html

     

    thank you for reuploading the files. i still keep getting a crc error. :(

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