Cant Find the Answers of 2 Really Fundamental Questions
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Thread: Cant Find the Answers of 2 Really Fundamental Questions

  1. #1
    Hi fellows, I'm an aspiring trader who's looking for answers... I've lurked the forum quite a bit, and also I ship some PMs around in order to know who FX works, although everybody gave me their time answering my queries, I'd love to open up a thread in order to get more insights.
    Plz help me to know better because right now I'm feeling missing

    I've see over an over again exactly the exact same gist... You have to discover what works for you or something like that.
    I can not really understand how such announcement could be accurate.
    The market has its own rules, trader simply can not find what function for them, they have to know how market works... and as soon as they do that, they have to exploit.
    Of course, different traders, may have different egies, but I can not see how many egies can work in precisely the exact same point...


    One other question that bug my head is the way a begginner could find its way to trading? Plz don't tell me he must adhere to some premade system because IMO, this isn't the way to trade. Follow a recipe isn't likely to make you a good trader, knowing the market does.
    From the stategies segment, I can loe 1000 systems, none of them possess a solid fundamental reason imo, they're only a set of rules probably, made seeing past occasions...
    Since a lot of those systems (if not 100 percent of them) doesn't work, why people continue to follow them?
    If You're going to ask me why I believe so, well, if one trader possess a winning egy I believe that he would not make it pubblic and next motive is, if your egy is a winning one, you could construct an EA and Just take that commerce over and over again, making you wealthy in a fer decades... obv that is not that easy I guess

    Ty for you time guys and sorry for the dumb questions

  2. #2
    Quote Originally Posted by ;
    quote You're right. It shouldn't be on what works for you. Rather, it ought to be about (1) what works on the market AND (2) also works for you. There's is no value in having an exploitable market inefficiency that you can not actually exploit for a personal reason (e.g., schedule, personality, etc). quote Again you are right. It is detrimental for a newcomer to focus on systems/egies. Rather, a newcomer should focus on understanding the market (what it is, why does this move, how can this move, when does this move). Here is the Know that your...
    Hi Vox,
    Because I truly believe 4Star is looking, can you please supply him further insight? It really isn't type to leave him need to understand the market. Can you guide him to certain links or who he should read?

    Thanks,
    FS

  3. #3
    Again ty for the answer, I think I knew the gist of your message...
    so that your tip is to concentrate on PA and TA?

  4. #4
    Ask yourself the question How does any market work?

    Why would prices go up, Why do they return?

    Do not search for egies before you realize this.

  5. #5
    ^ I guess it really depends upon timeframes...
    I you're trading daily or higher timeframes, news are going to influence the price way more than the small timerframes...
    Obv this isn't the key to become proficient... will be really simple to accomplish this, I suggest, look at news at commerce high timeframes.

    Everything you asked me is basically my question... I don't know where to start... since I could find is trading egies that does not operate or some obscure infos about the markets... I do not have a clue about what I should focus

  6. #6
    Quote Originally Posted by ;
    Ask yourself the question How does any market work? Would prices go up can they return? Don't search for egies until you understand this.
    I Want to ask a serious question. . .does this work for you? Have you any idea the market is moving up or down? I am not stating I am not aware of fundamentals or supply and need, but do they actually tell me what will occur, or only affirm what I presently see?

    FS

  7. #7
    Quote Originally Posted by ;
    ^ I guess it really depends upon timeframes... I you're trading daily or greater timeframes, news will affect the price way more than the small timerframes... Obv that is not the key to become skillful... would be so easy to do that, I suggest, look at news in trade greater timeframes. Everything you asked me is basically my question... I do not know where to start... since I could find is trading systems that doesn't work or any vague infos concerning the markets... I really don't have a clue about what I should focus
    OK, Step 1... do you have a demo account?

    FS

  8. #8
    ^ on oanda... However I think I Am gonna Start up a ECN demo account

  9. #9
    Quote Originally Posted by ;
    ^ on oanda... but I believe I am gonna start up a ECN demo account
    Do you have MT4 setup of only FXtrade?

    FS

  10. #10
    I Have downloaded a bunch of days ago MT4

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