lgeorge Posted November 12, 2011 Report Share Posted November 12, 2011 Hi, Being relatively new here,i would like to get a gauge or feel for what folks here have found to be :- 1)The best or most useful software in your trading 2)The best information or course that has helped you The reason i ask is that when you visit a place like this for the first time,its very easy to be overwhelmed by all the fantastic information and software. etc.... I know that you cannot be specific about trading and courses in general because what works for one may not necessarily work for another.... But just to get a generic feel for what has helped you the most will help me focus in on a few things which can only be better for my analysis paralysis state of mind:D I am glad i have discovered this place and look forward to discovering more:D Happy trading to all. Quote Link to comment Share on other sites More sharing options...
maddman Posted November 13, 2011 Report Share Posted November 13, 2011 (edited) Igeorge, Please allow me to tell you a few things about trading to become consistently successful. 1. You do not need any software 2. Volume and Open Interest (from Futures) are the only indicators you will ever need. 3. Trade off Daily Charts 4. Learn as much Psychology of Trading as possible , then some more, as trading is 20% Method, 80% Psychology. 5. Stay away from all EA's. Anytime you see someone using one, don't bother to remember their name because in 90 days they will have gone broke, trade manually only. 6. Stay with the Big 5 pairs only 7. Use a good Money Management System, every trade, don't over leverage. 8. Always use a stop loss, only *****s don't use one. 9. Always watch a minimum of 3 different Time Frames before entering a trade. H1, H4, Daily. 10. Read everything from Jason Jankovsky, and Mark Douglas you can if you want success. Use those 10 points and you'll be in the Top 10% as, 10% of the traders take it from the 90%, REMEMBER THAT!!! I Hope You Follow, Maddman Edited November 13, 2011 by maddman ForexMike, p29 and braveheart2009 3 Quote Link to comment Share on other sites More sharing options...
flyaamfx Posted November 13, 2011 Report Share Posted November 13, 2011 I like to scalp trade semi automated, I have stats for my demo account and this mirrors my live account almost exactly hxxp://flyaamfx.mt4stats.com Trading can be profitable but it can take years to find your style and a broker that works for you and not against you. happy trades flyaamfx Quote Link to comment Share on other sites More sharing options...
lgeorge Posted November 13, 2011 Author Report Share Posted November 13, 2011 Igeorge, Please allow me to tell you a few things about trading to become consistently successful. 1. You do not need any software 2. Volume and Open Interest (from Futures) are the only indicators you will ever need. 3. Trade off Daily Charts 4. Learn as much Psychology of Trading as possible , then some more, as trading is 20% Method, 80% Psychology. 5. Stay away from all EA's. Anytime you see someone using one, don't bother to remember their name because in 90 days they will have gone broke, trade manually only. 6. Stay with the Big 5 pairs only 7. Use a good Money Management System, every trade, don't over leverage. 8. Always use a stop loss, only *****s don't use one. 9. Always watch a minimum of 3 different Time Frames before entering a trade. H1, H4, Daily. 10. Read everything from Jason Jankovsky, and Mark Douglas you can if you want success. Use those 10 points and you'll be in the Top 10% as, 10% of the traders take it from the 90%, REMEMBER THAT!!! I Hope You Follow, Maddman Hi Maddman Thank you for your reply and contribution. All valid points,much appreciated..... Quote Link to comment Share on other sites More sharing options...
lgeorge Posted November 13, 2011 Author Report Share Posted November 13, 2011 I like to scalp trade semi automated, I have stats for my demo account and this mirrors my live account almost exactly hxxp://flyaamfx.mt4stats.com Trading can be profitable but it can take years to find your style and a broker that works for you and not against you. happy trades flyaamfx Hi flyaamfx Interesting stats....thanks for the input.... Quote Link to comment Share on other sites More sharing options...
Jonathan Groff Posted December 23, 2011 Report Share Posted December 23, 2011 The forex-trading websites are run through certain trading software programs for making the trading simple and easy for their and traders. They always try to add new feature to their trading plan to attract new as well as existing traders and . If you are interested to participate in the forex trading program, you can select any of the trading website according to your preference. Quote Affiliate ProgramForexaffiliatetradingprogram Link to comment Share on other sites More sharing options...
ForexMike Posted December 24, 2011 Report Share Posted December 24, 2011 (edited) I've been trading for a many years and their are two systems that I like a lot. Marco Nikolic's MarketScalper Pro and TradeBuilder Classic Edition.. great website and continuously updated. Tom Hennessy's S.T.A.R. SuperSystem is extremely accurate but one needs a lot of experience to understand the system. It's a hard system to learn but when you do grasp the trading instructions, you will do very well trading the forex. To date, I have not heard a single trader that learned the system ever state that it didn't work. To use updated versions of the system you will need to purchase them. This forum doesn't have updated versions of these systems. Good Luck. Edited December 24, 2011 by ForexMike lgeorge 1 Quote Link to comment Share on other sites More sharing options...
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