Thread: Help to those, who want to grow their account

If Somebody started to read this thread, please be patient, will continoue, when My free time permits it.

Learn:

what's interest rate differential, and

- what's 'carry trade',
- and what's 'capital appreciation' or 'risk aversion'.

When You can tell, which one rules the Mkt. Than You're one step. Don t want to always understand it, but just transaction (and just in that way), when You are sure.

-How (and if, what...)FUNDAMENTALS influence or change those sentiments. NOT YOUR opinion! THE BIG ONES opinion! (Fact: no one cares about Your opinion here. Accept it)

Now, You are going to learn how can trade (which manners) the BIGS. Clues will be left by it on the chart.
How can You read them?Through TECHNICAL ANALISYS.
This means for Me (it can mean something different to sbody else):
-Higher Highs HH, Higher Lows HL, Lower Lows LL, Lower Highs LH (These makes SWINGs or WAVEs)
- SUPPORT S - RESISTANCE R AND FLIP ZONES FZ (or several here onforexsoutheast.asiacall them PPZ)
- sometimes TRENDLINES TL
- understand what's BREAK(OUT), and RETRACEMENT are, overly
(There is a instrument, Fibonacci ret., in the platforms charting kits, together with it You can assess the deepness of retracement.)

Nowadays, all these items are to help Us to find the clue, where would be the orders (remember order flow), and PROBABLY which ones will overwhelm other people, and WHERE. In the THINK PROCCESS, many times important, the WHAT must happen to trigger the orders. More on this, later.

You will find indiors (many), what I seldom use, however if some provides You visual aid, you may use them. Only don t let them make DECISIONS. The DECISIONS ARE YOURS, together with all the responsibility and together with all the achievement.

That s for now.

This is a thred for new men and women who are trading less. I believe PH is currently providing them a GEM.


Nice to see somebody sharing like this.

Good Job PH.


The confluence of PPZ, Round amounts and fibos.

Originally Posted by ;

This really is a great thred for new people that are trading less than the H4 TF.

Pardon Me, but what would you mean?

Originally Posted by ;

Pardon Me, but exactly what do You mean?

I mean, this is a fantastic thread for new people to understand the real bargain, and throw out the indiors which lag. I also imagine you're trading bigger time frames and the Price action will be reliable.

Originally Posted by ;

I mean, this is a good thread for new folks to learn the actual bargain, and throw out the indiors that lag. I also imagine you're trading time frames that are bigger and thus the Price action will probably be more reliable.

Oh, I see.

What kind of Risk We have here?

1, Money R:- Bank
- Broker
- Trading

2, Your Psych. Capital

3, Time, Energie, Social life...

How do we quantify it?
Compare it to Your Own - All You've
- account
- dwelling cost
- fantasy
- second target?

Typically traders tell You the risked percent of their acc.
But how to put Your acc. Dimension?
When You learning, I advise You to set it as being readily 'rechargeable'. Small compare to All Of You have.
Don t dread, than You miss out 'THE POSSIBLE huge GAIN through Your learning period.
In the event that you really master it, there are very high limits. (Ms)
If not mastered it, nevertheless, only got some lucky series, after losing series, You don t lose Your money, Your family, Your Psych Capital. . .So, You can continoue to find out.
Thus, controll Your risk, each possible way. Find the best ratio, this means.

I like where your going Profit Hunter.

Try to 'ch' what is really hard.
Trading is a frequent sense game.
Than WHY? WHY can not do it many inteligent people?
If You can answer that, you're one step ahead.
(No, it s again, not the entry point, nevertheless.)
Personality, and individual brain.

Personality: - never give up. Be able to maintain Your Psych Capital.

Human Brain: programmed to avoid uncertainity.
That s saved lot of people lifes during centaries. However, in trading there are uncertainity and contradictions.
And THAT is really difficult to conquer. Yourself must be Won over by you. (Sure, You already heard it somewhere, and in trading, You may learn exactly what it means.)
Why?

The Market may do anything, in any minute.
(Recall, it s not just a word, take it seriously.)
ANYTHING. This means.
Now, You have Your rules. This must be the element. That little certainity gone, also if You violate them.
In your daily life, You keep the rules and get the reward. (Get a salery, don t detain You...)
Opposite to this, The Market may do anything, at any minute.
It also means, it can get money from You for a sensible action, and can reward You for something fool performing.
Now, this is really, uncertainity!
What do You do, than? NO RULES here to follow?
However, Yes, you will find, just a bit different the mood here.

One trade isn't count, just the series of trades.

It makes a large difference, in many ways, to analyze trading. This means, ea.: Not that depend weather You won or lost to a given trade, but You kept the rules or not.
So, You are able to make classes for Your trades:
1, Great (You kept the rules)
2, Great win (You kept the rules and got some money)
3, Bad (Not kept the rules)

there isn't any bad triumph. On the long way, it signifies Your acc. Will ruin, so thats not a triumph, even today the Mkt. Gave something. There is A trade that is awful a mistake.
If You Realize You made a mistake, then mend it, AT ONCE!

Thus, prepare Your brain to manage uncertainity. This must be reflected on Your MM, Plogy, and trading style, also.

Am I so clear, or just write to Myself?