"Systems and Methods" refers to the systematic approaches, frameworks, and processes used to achieve specific goals, objectives, or outcomes. It involves: 1. Analyzing and designing systems to optimize performance. 2. Developing and implementing methodologies to guide actions. 3. Integrating technology, processes, and people for efficiency. 4. Establishing strategic frameworks for decision-making. 5. Continuously evaluating and improving systems and methods. *Key Aspects:* 1. Systematic thinking 2. Process optimization 3. Methodological approaches 4. Strategic planning 5. Performance evaluation and improvement *Applications:* 1. Business operations 2. Project management 3. Quality control 4. Information technology 5. Organizational development *Benefits:* 1. Increased efficiency 2. Improved productivity 3. Enhanced decision-making 4. Reduced errors 5. Increased competitiveness

"Systems and Methods" refers to the systematic approaches, frameworks, and processes used to achieve specific goals, objectives, or outcomes. It involves: 1. Analyzing and designing systems to optimize performance. 2. Developing and implementing methodologies to guide actions. 3. Integrating technology, processes, and people for efficiency. 4. Establishing strategic frameworks for decision-making. 5. Continuously evaluating and improving systems and methods. *Key Aspects:* 1. Systematic thinking 2. Process optimization 3. Methodological approaches 4. Strategic planning 5. Performance evaluation and improvement *Applications:* 1. Business operations 2. Project management 3. Quality control 4. Information technology 5. Organizational development *Benefits:* 1. Increased efficiency 2. Improved productivity 3. Enhanced decision-making 4. Reduced errors 5. Increased competitiveness

On Professionalism in Trading: Purposeful Practice Key Takeaways: 1. Trading psychology meets performance enhancement and focus. 2. Develop a well-oiled machine-like performance under pressure. 3. Practice consistently to ingrain trading skills. 4. Focus on risk management, not just profit. Purposeful Practice Steps: 1. Review market conditions. 2. Identify potential setups. 3. Set price points and stops. 4. Assess risk and reward. 5. Place orders. 6. Monitor and adjust trades. Implementation: 1. Write down your process as a checklist. 2. Start in simulation mode (for beginners) or with minimal size. 3. Focus on consistency and reproducibility. Goals: 1. Develop muscle memory for trading. 2. Enhance performance under pressure. 3. Improve risk management. Sports Psychology Analogy: 1. Train like an athlete. 2. Practice purposefully. 3. Focus on process, not outcome. Actionable Advice: 1. Start with simulation mode or minimal size. 2. Create a trading checklist. 3. Practice consistently. By following these steps and principles, traders can develop the skills and mindset necessary to perform well under pressure and achieve consistent success.

On Professionalism in Trading: Purposeful Practice Key Takeaways: 1. Trading psychology meets performance enhancement and focus. 2. Develop a well-oiled machine-like performance under pressure. 3. Practice consistently to ingrain trading skills. 4. Focus on risk management, not just profit. Purposeful Practice Steps: 1. Review market conditions. 2. Identify potential setups. 3. Set price points and stops. 4. Assess risk and reward. 5. Place orders. 6. Monitor and adjust trades. Implementation: 1. Write down your process as a checklist. 2. Start in simulation mode (for beginners) or with minimal size. 3. Focus on consistency and reproducibility. Goals: 1. Develop muscle memory for trading. 2. Enhance performance under pressure. 3. Improve risk management. Sports Psychology Analogy: 1. Train like an athlete. 2. Practice purposefully. 3. Focus on process, not outcome. Actionable Advice: 1. Start with simulation mode or minimal size. 2. Create a trading checklist. 3. Practice consistently. By following these steps and principles, traders can develop the skills and mindset necessary to perform well under pressure and achieve consistent success.

The foreign exchange (Forex) market is the largest financial market globally, with a daily trading volume exceeding $6 trillion. To navigate this complex market, traders must grasp its fundamental principles. *What Drives the Forex Market?* 1. Supply and Demand: Imbalances between currency buyers and sellers influence exchange rates. 2. Economic Indicators: GDP, inflation, interest rates, and employment rates impact currency values. 3. Central Bank Policies: Monetary decisions (e.g., rate hikes, quantitative easing) affect currency strength. 4. Geopolitics: Global events, trade tensions, and elections influence market sentiment. 5. Technical Analysis: Chart patterns, trends, and indicators help predict price movements. *Key Economic Indicators* 1. GDP (Gross Domestic Product) 2. CPI (Consumer Price Index) 3. Interest Rates 4. Unemployment Rates 5. Trade Balance *Central Bank Roles* 1. Monetary Policy: Setting interest rates and regulating money supply. 2. Inflation Targeting: Maintaining price stability. 3. Currency Intervention: Managing exchange rates. *Forex Market Structure* 1. Major Currencies: USD, EUR, JPY, GBP, CHF. 2. Currency Pairs: Majors (e.g., EUR/USD), Crosses (e.g., EUR/JPY), Exotics (e.g., USD/MXN). 3. Market Sessions: Sydney, Tokyo, London, New York. *Trading Strategies* 1. Day Trading 2. Swing Trading 3. Position Trading 4. Scalping *Risk Management* 1. Stop-Loss Orders 2. Position Sizing 3. Leverage Control 4. Hedging *Conclusion* Understanding Forex market fundamentals is crucial for traders. By analyzing economic indicators, central bank policies, and technical factors, traders can make informed decisions.

The foreign exchange (Forex) market is the largest financial market globally, with a daily trading volume exceeding $6 trillion. To navigate this complex market, traders must grasp its fundamental principles. *What Drives the Forex Market?* 1. Supply and Demand: Imbalances between currency buyers and sellers influence exchange rates. 2. Economic Indicators: GDP, inflation, interest rates, and employment rates impact currency values. 3. Central Bank Policies: Monetary decisions (e.g., rate hikes, quantitative easing) affect currency strength. 4. Geopolitics: Global events, trade tensions, and elections influence market sentiment. 5. Technical Analysis: Chart patterns, trends, and indicators help predict price movements. *Key Economic Indicators* 1. GDP (Gross Domestic Product) 2. CPI (Consumer Price Index) 3. Interest Rates 4. Unemployment Rates 5. Trade Balance *Central Bank Roles* 1. Monetary Policy: Setting interest rates and regulating money supply. 2. Inflation Targeting: Maintaining price stability. 3. Currency Intervention: Managing exchange rates. *Forex Market Structure* 1. Major Currencies: USD, EUR, JPY, GBP, CHF. 2. Currency Pairs: Majors (e.g., EUR/USD), Crosses (e.g., EUR/JPY), Exotics (e.g., USD/MXN). 3. Market Sessions: Sydney, Tokyo, London, New York. *Trading Strategies* 1. Day Trading 2. Swing Trading 3. Position Trading 4. Scalping *Risk Management* 1. Stop-Loss Orders 2. Position Sizing 3. Leverage Control 4. Hedging *Conclusion* Understanding Forex market fundamentals is crucial for traders. By analyzing economic indicators, central bank policies, and technical factors, traders can make informed decisions.

Virtual Private Servers (VPS) for Trading Benefits: 1. Automated trading 2. Custom trading bots 3. 24/7 data collection without running home PC 4. Reduced latency Key Considerations: 1. *Latency*: Measure time between VPS and broker/exchange 2. *RAM*: Ensure sufficient memory for smooth performance 3. *OS*: Choose between Windows (more software options, higher costs) and Linux (lighter, cost-effective) 4. *Uptime*: Look for providers with guaranteed system availability Recommendations: 1. Test multiple VPS providers with a month-long contract or free trial 2. Check software vendor's RAM requirements 3. Err on the side of caution with RAM allocation 4. Consider Windows Server minimum 2-4GB RAM, Linux 512MB RAM Resources: 1. FXGears Trading Community Wiki: (link unavailable) 2. VPS provider table and recommended providers Takeaways: 1. VPS is essential for automated trading and data collection 2. Latency, RAM, OS, and uptime are crucial factors 3. Choose a reliable VPS provider 4. Test and optimize VPS setup for trading strategy This summary provides a concise overview of the importance of VPS for trading, key considerations, and recommendations for selecting the right VPS provider.

Virtual Private Servers (VPS) for Trading Benefits: 1. Automated trading 2. Custom trading bots 3. 24/7 data collection without running home PC 4. Reduced latency Key Considerations: 1. *Latency*: Measure time between VPS and broker/exchange 2. *RAM*: Ensure sufficient memory for smooth performance 3. *OS*: Choose between Windows (more software options, higher costs) and Linux (lighter, cost-effective) 4. *Uptime*: Look for providers with guaranteed system availability Recommendations: 1. Test multiple VPS providers with a month-long contract or free trial 2. Check software vendor's RAM requirements 3. Err on the side of caution with RAM allocation 4. Consider Windows Server minimum 2-4GB RAM, Linux 512MB RAM Resources: 1. FXGears Trading Community Wiki: (link unavailable) 2. VPS provider table and recommended providers Takeaways: 1. VPS is essential for automated trading and data collection 2. Latency, RAM, OS, and uptime are crucial factors 3. Choose a reliable VPS provider 4. Test and optimize VPS setup for trading strategy This summary provides a concise overview of the importance of VPS for trading, key considerations, and recommendations for selecting the right VPS provider.

Bitcoin, the world's first decentralized cryptocurrency, has gained significant traction in Nigeria. Adoption and Usage 1. Nigeria ranks 3rd globally in Bitcoin adoption (Statista, 2022) 2. 40% of Nigerians know about Bitcoin (Pew Research, 2020) 3. Bitcoin trading volume in Nigeria exceeds $1 billion annually (CoinDesk, 2022) Drivers of Adoption 1. Economic instability: Nigeria's inflation rate and currency fluctuations drive demand for stable assets. 2. Remittances: Bitcoin facilitates easy, low-cost international transfers. 3. Financial inclusion: Bitcoin provides access to financial services for underserved populations. Regulatory Environment 1. Central Bank of Nigeria (CBN) banned cryptocurrency transactions in 2021. 2. Securities and Exchange Commission (SEC) regulates cryptocurrency investments. 3. Proposed legislation aims to establish clear guidelines. Challenges 1. Volatility: Price fluctuations affect Nigerian investors. 2. Security risks: Scams, hacking, and fraud threaten users. 3. Limited infrastructure: Inadequate exchange platforms and payment systems. Opportunities 1. Financial inclusion: Bitcoin expands access to financial services. 2. Innovation: Blockchain technology drives entrepreneurship. 3. Economic growth: Cryptocurrency investment attracts foreign capital. Key Players 1. Paxful: Leading Bitcoin exchange platform in Nigeria. 2. Binance: Popular cryptocurrency trading platform. 3. Blockchain Nigeria User Group: Advocates for blockchain adoption. Conclusion Bitcoin in Nigeria demonstrates significant potential, driven by economic needs and technological innovation. While regulatory clarity and infrastructure development are essential, Nigeria's Bitcoin market continues to grow.

Bitcoin, the world's first decentralized cryptocurrency, has gained significant traction in Nigeria. Adoption and Usage 1. Nigeria ranks 3rd globally in Bitcoin adoption (Statista, 2022) 2. 40% of Nigerians know about Bitcoin (Pew Research, 2020) 3. Bitcoin trading volume in Nigeria exceeds $1 billion annually (CoinDesk, 2022) Drivers of Adoption 1. Economic instability: Nigeria's inflation rate and currency fluctuations drive demand for stable assets. 2. Remittances: Bitcoin facilitates easy, low-cost international transfers. 3. Financial inclusion: Bitcoin provides access to financial services for underserved populations. Regulatory Environment 1. Central Bank of Nigeria (CBN) banned cryptocurrency transactions in 2021. 2. Securities and Exchange Commission (SEC) regulates cryptocurrency investments. 3. Proposed legislation aims to establish clear guidelines. Challenges 1. Volatility: Price fluctuations affect Nigerian investors. 2. Security risks: Scams, hacking, and fraud threaten users. 3. Limited infrastructure: Inadequate exchange platforms and payment systems. Opportunities 1. Financial inclusion: Bitcoin expands access to financial services. 2. Innovation: Blockchain technology drives entrepreneurship. 3. Economic growth: Cryptocurrency investment attracts foreign capital. Key Players 1. Paxful: Leading Bitcoin exchange platform in Nigeria. 2. Binance: Popular cryptocurrency trading platform. 3. Blockchain Nigeria User Group: Advocates for blockchain adoption. Conclusion Bitcoin in Nigeria demonstrates significant potential, driven by economic needs and technological innovation. While regulatory clarity and infrastructure development are essential, Nigeria's Bitcoin market continues to grow.

MT5 is faster and more efficient than MT4, but it doesn't replace the previous platform as it is different and simply offers more than MT4 does. MT5 provides the ability to trade more instruments in almost all financial markets, including Forex, stocks, indices, commodities, and even cryptocurrencies.

MT5 is faster and more efficient than MT4, but it doesn't replace the previous platform as it is different and simply offers more than MT4 does. MT5 provides the ability to trade more instruments in almost all financial markets, including Forex, stocks, indices, commodities, and even cryptocurrencies.

As an algorithmic trader, I'd like to share my technology stack for strategy development. At the heart of my setup is Python, a language often misunderstood as being too slow for algo trading. Debunking the Myth: Python's Speed Contrary to popular belief, Python is more than capable of handling algorithmic trading needs for retail traders. Unless you're engaged in high-frequency trading, where picoseconds count, Python and other modern scripting languages provide sufficient speed. Assumed Knowledge This post assumes a basic understanding of Python. If you're new to Python, this may not be the best starting point. Instead, familiarize yourself with Python fundamentals before diving into the world of algorithmic trading.

As an algorithmic trader, I'd like to share my technology stack for strategy development. At the heart of my setup is Python, a language often misunderstood as being too slow for algo trading. Debunking the Myth: Python's Speed Contrary to popular belief, Python is more than capable of handling algorithmic trading needs for retail traders. Unless you're engaged in high-frequency trading, where picoseconds count, Python and other modern scripting languages provide sufficient speed. Assumed Knowledge This post assumes a basic understanding of Python. If you're new to Python, this may not be the best starting point. Instead, familiarize yourself with Python fundamentals before diving into the world of algorithmic trading.

Are You Considering a VPS for Trading? If you're involved in algorithmic trading, using a custom trading bot, or relying on MT4/MT5 expert advisors, a Virtual Private Server (VPS) might be the solution you need. Key Considerations for Choosing a VPS: 1. Latency: Measure the time it takes for requests to reach your broker or exchange. Test latency with multiple VPS providers to ensure optimal performance. 2. RAM: Ensure sufficient RAM to run your custom code or off-the-shelf software smoothly. Check vendor requirements and opt for a slightly higher configuration for mission-critical applications. 3. Operating System: Choose between Windows (more retail trading software available, but resource-intensive and costly) or Linux (lightweight, cost-effective, and customizable). 4. Uptime: Look for VPS providers guaranteeing uninterrupted system operation. Benefits of Using a VPS for Trading: - Reduced downtime risk - Enhanced execution speed - Increased data collection efficiency - Flexibility for algorithmic trading - Scalability for growing trading operations Before Committing: - Test latency with multiple VPS providers - Evaluate RAM requirements - Select the right OS for your needs - Verify uptime guarantees By considering these factors, you can select the ideal VPS solution to optimize your trading performance.

Are You Considering a VPS for Trading? If you're involved in algorithmic trading, using a custom trading bot, or relying on MT4/MT5 expert advisors, a Virtual Private Server (VPS) might be the solution you need. Key Considerations for Choosing a VPS: 1. Latency: Measure the time it takes for requests to reach your broker or exchange. Test latency with multiple VPS providers to ensure optimal performance. 2. RAM: Ensure sufficient RAM to run your custom code or off-the-shelf software smoothly. Check vendor requirements and opt for a slightly higher configuration for mission-critical applications. 3. Operating System: Choose between Windows (more retail trading software available, but resource-intensive and costly) or Linux (lightweight, cost-effective, and customizable). 4. Uptime: Look for VPS providers guaranteeing uninterrupted system operation. Benefits of Using a VPS for Trading: - Reduced downtime risk - Enhanced execution speed - Increased data collection efficiency - Flexibility for algorithmic trading - Scalability for growing trading operations Before Committing: - Test latency with multiple VPS providers - Evaluate RAM requirements - Select the right OS for your needs - Verify uptime guarantees By considering these factors, you can select the ideal VPS solution to optimize your trading performance.

What's your risk management strategy for getting payouts during the 'funded' phase? Do you also use specific stop-loss and take-profit strategies to manage your trades, or do you adjust them based on market conditions? My Stop-loss depends on my trading capital at all times even as it grows and my take profit is always at least x3 of my stop-loss. I only adjust my stop-loss to break even but if other way, my stop-loss remains intact.

What's your risk management strategy for getting payouts during the 'funded' phase? Do you also use specific stop-loss and take-profit strategies to manage your trades, or do you adjust them based on market conditions? My Stop-loss depends on my trading capital at all times even as it grows and my take profit is always at least x3 of my stop-loss. I only adjust my stop-loss to break even but if other way, my stop-loss remains intact.

Trading signals are essential tools for traders, providing critical insights to make informed investment decisions. These signals help identify potential buying or selling opportunities, maximizing profits and minimizing losses. *Types of Trading Signals* 1. Technical Signals: Derived from chart patterns, trends, and indicators (e.g., Moving Averages, RSI). 2. Fundamental Signals: Based on economic indicators, news, and events (e.g., earnings reports, interest rate changes). 3. Quantitative Signals: Generated using mathematical models and algorithms. *Benefits of Trading Signals* 1. Improved accuracy 2. Enhanced risk management 3. Increased efficiency 4. Reduced emotional bias *How to Use Trading Signals* 1. Choose reliable signal providers or develop your own strategy. 2. Set clear risk management parameters. 3. Monitor and adjust signal settings. 4. Combine signals with fundamental analysis. *Popular Trading Signal Indicators* 1. Moving Averages (MA) 2. Relative Strength Index (RSI) 3. Bollinger Bands 4. MACD (Moving Average Convergence Divergence)

Trading signals are essential tools for traders, providing critical insights to make informed investment decisions. These signals help identify potential buying or selling opportunities, maximizing profits and minimizing losses. *Types of Trading Signals* 1. Technical Signals: Derived from chart patterns, trends, and indicators (e.g., Moving Averages, RSI). 2. Fundamental Signals: Based on economic indicators, news, and events (e.g., earnings reports, interest rate changes). 3. Quantitative Signals: Generated using mathematical models and algorithms. *Benefits of Trading Signals* 1. Improved accuracy 2. Enhanced risk management 3. Increased efficiency 4. Reduced emotional bias *How to Use Trading Signals* 1. Choose reliable signal providers or develop your own strategy. 2. Set clear risk management parameters. 3. Monitor and adjust signal settings. 4. Combine signals with fundamental analysis. *Popular Trading Signal Indicators* 1. Moving Averages (MA) 2. Relative Strength Index (RSI) 3. Bollinger Bands 4. MACD (Moving Average Convergence Divergence)

Markets, a true reflection of price discovery? or are they?? Short answer is of course NO. We've all heard of Manipulation, but what does it mean, how often does it occur and how do we deal with it? The market itself has a way of dealing with price imbalances, this is the very reason we try to trade it, and the reason why systematic approaches to trading often fail even if they back tested profitably. That I would say is fair play,its the very essence of a free market and markets wouldnt exist without it. This is where it gets dark and dirty. Market Makers manipulate price on larger daily swings to stop out swing traders and position themselves favorably in the next move. These manipulations can often be anticipated and traded around. However, brokers do there own smaller manipulations to wipe out their customers stops, a perfect example of this was on the EURUSD recently when comparing two platforms clearly shows how low they will go when its profitable to do so. Take a look at these charts and youll see what I mean, top chart is IG Index bottom chart is Forex Ltd. In my first year trading, I used to try to trade manipulation, meaning I would wait until I spotted stop taking before taking a position, but that didnt work because you often miss optimum entries and some moves entirely. Since then Ive tried a 30 pip stop but that doesnt always work, I can be right on the direction but still get tagged out. Ive followed Martin Cole, Steve Mauro, Sam Seiden and others but none of them have practical solutions for dealing with one of our greatest challenges in my opinion. My question to the Gurus out there is, how do we deal with this unfair disadvantage?

Markets, a true reflection of price discovery? or are they?? Short answer is of course NO. We've all heard of Manipulation, but what does it mean, how often does it occur and how do we deal with it? The market itself has a way of dealing with price imbalances, this is the very reason we try to trade it, and the reason why systematic approaches to trading often fail even if they back tested profitably. That I would say is fair play,its the very essence of a free market and markets wouldnt exist without it. This is where it gets dark and dirty. Market Makers manipulate price on larger daily swings to stop out swing traders and position themselves favorably in the next move. These manipulations can often be anticipated and traded around. However, brokers do there own smaller manipulations to wipe out their customers stops, a perfect example of this was on the EURUSD recently when comparing two platforms clearly shows how low they will go when its profitable to do so. Take a look at these charts and youll see what I mean, top chart is IG Index bottom chart is Forex Ltd. In my first year trading, I used to try to trade manipulation, meaning I would wait until I spotted stop taking before taking a position, but that didnt work because you often miss optimum entries and some moves entirely. Since then Ive tried a 30 pip stop but that doesnt always work, I can be right on the direction but still get tagged out. Ive followed Martin Cole, Steve Mauro, Sam Seiden and others but none of them have practical solutions for dealing with one of our greatest challenges in my opinion. My question to the Gurus out there is, how do we deal with this unfair disadvantage?

MetaTrader excels in accessibility and community resources, while cTrader offers advanced features and faster execution. Choose MetaTrader for: - Ease of use - Large community - Wide broker support Choose cTrader for: - Advanced charting - Fast execution - Customization 1. MetaTrader prioritizes accessibility and community. 2. cTrader focuses on advanced features and execution. 3. Consider trading needs and preferences. 4. Research broker support and platform compatibility. By understanding the strengths and weaknesses of each platform, traders can make informed decisions and optimize their trading experience.

MetaTrader excels in accessibility and community resources, while cTrader offers advanced features and faster execution. Choose MetaTrader for: - Ease of use - Large community - Wide broker support Choose cTrader for: - Advanced charting - Fast execution - Customization 1. MetaTrader prioritizes accessibility and community. 2. cTrader focuses on advanced features and execution. 3. Consider trading needs and preferences. 4. Research broker support and platform compatibility. By understanding the strengths and weaknesses of each platform, traders can make informed decisions and optimize their trading experience.

EUR/USD and GBP/USD experience gains, driven by central bank comments and positive economic data. *Key Points:* EUR/USD: 1. Consolidating above 1.1150 2. Bullish bias remains 3. Technical correction possible (RSI near 70) GBP/USD: 1. Stabilizing near 1.3300 2. Supported by upbeat UK Retail Sales data 3. Bank of England's rate decision contributes to bullish momentum *Key Levels:* EUR/USD: - Resistance: 1.1200 - Support: 1.1135 GBP/USD: - Resistance: 1.3350 - Support: 1.3230

EUR/USD and GBP/USD experience gains, driven by central bank comments and positive economic data. *Key Points:* EUR/USD: 1. Consolidating above 1.1150 2. Bullish bias remains 3. Technical correction possible (RSI near 70) GBP/USD: 1. Stabilizing near 1.3300 2. Supported by upbeat UK Retail Sales data 3. Bank of England's rate decision contributes to bullish momentum *Key Levels:* EUR/USD: - Resistance: 1.1200 - Support: 1.1135 GBP/USD: - Resistance: 1.3350 - Support: 1.3230

Possible Causes: 1. Market volatility increase 2. Over-reliance on single confirmation signals 3. Insufficient risk management 4. Changing market trends or conditions 5. Emotional trading (fear, greed) Suggestions: 1. Reassess your strategy: - Consider multiple confirmation signals - Adjust indicators or time frames 2. Improve risk management: - Set tighter stop-losses - Reduce position sizes - Use scaling techniques 3. Enhance market analysis: - Study market sentiment and news - Analyze larger time frames - Identify potential trend changes 4. Refine entry/exit points: - Wait for stronger confirmation - Use price action techniques - Set realistic profit targets 5. Emotional control: - Take breaks from trading - Re-evaluate goals and expectations - Focus on process, not outcome Additional Tips: 1. Backtest your strategy 2. Monitor trading performance metrics 3. Stay adaptable and open to adjustments 4. Consider seeking mentorship or community support. By implementing these suggestions, you can regain confidence and improve trading performance.

Possible Causes: 1. Market volatility increase 2. Over-reliance on single confirmation signals 3. Insufficient risk management 4. Changing market trends or conditions 5. Emotional trading (fear, greed) Suggestions: 1. Reassess your strategy: - Consider multiple confirmation signals - Adjust indicators or time frames 2. Improve risk management: - Set tighter stop-losses - Reduce position sizes - Use scaling techniques 3. Enhance market analysis: - Study market sentiment and news - Analyze larger time frames - Identify potential trend changes 4. Refine entry/exit points: - Wait for stronger confirmation - Use price action techniques - Set realistic profit targets 5. Emotional control: - Take breaks from trading - Re-evaluate goals and expectations - Focus on process, not outcome Additional Tips: 1. Backtest your strategy 2. Monitor trading performance metrics 3. Stay adaptable and open to adjustments 4. Consider seeking mentorship or community support. By implementing these suggestions, you can regain confidence and improve trading performance.

What are the advantages and limitations associated with using Gann's Square of Nine in trading? gon Well-Known Member Oct 2, 2023 #2 It reminds me the popular Testla's vortex maths theories that are false, totally false and randomly choosen numbers (6, 9, 3..). Anyways, I am a really skeptical person that thinks that everything is false unless proven otherwise scientifically. Other false techniques that make use of circular domains are astrological trading and quantum trading. I put them'all in the same bucket (a dirty one) as Vortex maths. I have verified it by real mathematicians colleagues, not only my analysis anyways. It is just my opinion, I may be wrong. In trading, many things that seem initially invalid can prove worth a test.

What are the advantages and limitations associated with using Gann's Square of Nine in trading? gon Well-Known Member Oct 2, 2023 #2 It reminds me the popular Testla's vortex maths theories that are false, totally false and randomly choosen numbers (6, 9, 3..). Anyways, I am a really skeptical person that thinks that everything is false unless proven otherwise scientifically. Other false techniques that make use of circular domains are astrological trading and quantum trading. I put them'all in the same bucket (a dirty one) as Vortex maths. I have verified it by real mathematicians colleagues, not only my analysis anyways. It is just my opinion, I may be wrong. In trading, many things that seem initially invalid can prove worth a test.

Folks: I recently discovered ICT's material and this is my 2nd post to this news group. During my first loop thru ICT's tutorials, I carefully compiled all of the indicators & templates that showed up on his screen, from time to time. Here is the list of all of ICT templates/indicators that I encountered: *** RIGHT CLICK >> TEMPLATE *** INSERT >> INDICATORS >> CUSTOM ACAT_ICT Aussie Range Bands Bears Bulls Cable Key Levels Cable_USDX Central Bank Dealers Range Custom Moving Averages Daily Pivot Lines DailyLinesBoxes Fiber_Dealing_Ranges FX Relative Strength Heiken Ashi Ichimoku ICT 80_20 ICT Big Figure Mid Figure ICT Central Bank Dealers Range ICT Daily Pivot Macro ICT Daily Pivots ICT Day Trade ICT Day Trade ICT GMT Pivots ICT MACD ICT Monthly Pivots ICT Session Killzones ICT Session Killzones ICT Session Swings ICT Short Term Swing ICT Weekly Pivots ICT_ADR ICT_Killzones ICT_Month_Week_Day_High_Low ICT_Monthly Trinity ICT_smart_money_view ICT_Traders Trinity ICT_Triple_Screen iExposure Intraday Template Intraday Trader Key Levels Fiber Kill Zones_London New York Kill_Zones London Open Manta_MOMO_3_Arrows Market Hours Market Structure Money Month_Week_Day_High_Low Mqcodes MTF_Hi_LOW_v1.1 Order Blocks OsMA OverLayChart-MA Parabolic Period Seperator PivotCustom_4 TimeFrames Pivots Session Breakout Template_Name True day True_Day USDX SMT on High USDX SMT on Low White Charts

Folks: I recently discovered ICT's material and this is my 2nd post to this news group. During my first loop thru ICT's tutorials, I carefully compiled all of the indicators & templates that showed up on his screen, from time to time. Here is the list of all of ICT templates/indicators that I encountered: *** RIGHT CLICK >> TEMPLATE *** INSERT >> INDICATORS >> CUSTOM ACAT_ICT Aussie Range Bands Bears Bulls Cable Key Levels Cable_USDX Central Bank Dealers Range Custom Moving Averages Daily Pivot Lines DailyLinesBoxes Fiber_Dealing_Ranges FX Relative Strength Heiken Ashi Ichimoku ICT 80_20 ICT Big Figure Mid Figure ICT Central Bank Dealers Range ICT Daily Pivot Macro ICT Daily Pivots ICT Day Trade ICT Day Trade ICT GMT Pivots ICT MACD ICT Monthly Pivots ICT Session Killzones ICT Session Killzones ICT Session Swings ICT Short Term Swing ICT Weekly Pivots ICT_ADR ICT_Killzones ICT_Month_Week_Day_High_Low ICT_Monthly Trinity ICT_smart_money_view ICT_Traders Trinity ICT_Triple_Screen iExposure Intraday Template Intraday Trader Key Levels Fiber Kill Zones_London New York Kill_Zones London Open Manta_MOMO_3_Arrows Market Hours Market Structure Money Month_Week_Day_High_Low Mqcodes MTF_Hi_LOW_v1.1 Order Blocks OsMA OverLayChart-MA Parabolic Period Seperator PivotCustom_4 TimeFrames Pivots Session Breakout Template_Name True day True_Day USDX SMT on High USDX SMT on Low White Charts

How long and on which timeframe do you typically observe Fibonacci levels before making decisions to open or close positions? gon Well-Known Member Oct 2, 2023 #2 Fibo level 62% retracement area works well when retracements are set for continuation. I use it as minimum structural retracement level and it works really good if you have an extrinsic reason to put a trade in (I mean, fibo per se does not work). 1:1 and 1:1.5 expansions are also useful. If you project your expansion off the structure that caused, it, you will see 1:1 to 1:1.5 are good targets. All the timeframes are the same, prices are fractal.

How long and on which timeframe do you typically observe Fibonacci levels before making decisions to open or close positions? gon Well-Known Member Oct 2, 2023 #2 Fibo level 62% retracement area works well when retracements are set for continuation. I use it as minimum structural retracement level and it works really good if you have an extrinsic reason to put a trade in (I mean, fibo per se does not work). 1:1 and 1:1.5 expansions are also useful. If you project your expansion off the structure that caused, it, you will see 1:1 to 1:1.5 are good targets. All the timeframes are the same, prices are fractal.

Do you agree that discipline and risk management are a trader's greatest allies? They guard you like no other. FinoptUSA- MBA FinoptUSA- MBA Active Member Aug 13, 2023 #2 I agree, but I tend to stay away from the term "discipline" because my personality loves impulsiveness. I rather the term "psychology". For instance, I love the lower timeframes for the quick price action, but for my mental capital to not be depleted, I am more successful on the higher timeframes. I have found understanding my psychological make-up helps me become a better trader. If that make me more discipline than so be it. I have hate the word discipline. I like to think of myself as a rebel. :cool::) Totally agree with risk management. I did not see any success in my live account until I started truly understanding proper risk size. When a person understands the difference between 0.001, 0.10, and 1.00, trading life takes on a whole new meaning.

Do you agree that discipline and risk management are a trader's greatest allies? They guard you like no other. FinoptUSA- MBA FinoptUSA- MBA Active Member Aug 13, 2023 #2 I agree, but I tend to stay away from the term "discipline" because my personality loves impulsiveness. I rather the term "psychology". For instance, I love the lower timeframes for the quick price action, but for my mental capital to not be depleted, I am more successful on the higher timeframes. I have found understanding my psychological make-up helps me become a better trader. If that make me more discipline than so be it. I have hate the word discipline. I like to think of myself as a rebel. :cool::) Totally agree with risk management. I did not see any success in my live account until I started truly understanding proper risk size. When a person understands the difference between 0.001, 0.10, and 1.00, trading life takes on a whole new meaning.

Hello all, Anyone with any questions regarding with Supply and Demand zones or with price action questions can ask me. I have over 8+ years experience with 4+ years in profitability by just trading indices - using Supply & Demand Zones along with Price Action. There is a lot of misinformation out there so I thought I’ll give this a shot to get in touch with some beginners or traders in their trading journey who want to use SnD as their strategy to start making consistent returns. Whatever doubts or questions you may have can be asked and I will answer them all! Cheers

Hello all, Anyone with any questions regarding with Supply and Demand zones or with price action questions can ask me. I have over 8+ years experience with 4+ years in profitability by just trading indices - using Supply & Demand Zones along with Price Action. There is a lot of misinformation out there so I thought I’ll give this a shot to get in touch with some beginners or traders in their trading journey who want to use SnD as their strategy to start making consistent returns. Whatever doubts or questions you may have can be asked and I will answer them all! Cheers

I really struggle with emotions while trading. I see the setups, I mess the execution. For almost two years I've managed to break even and stay "profitable", mostly stumbling in the dark until I started studying proper price action (read: ICT's videos). But I still have a very hard time with my emotions during trades. Last night a friend came over for dinner and we talked about this. He doesn't trade, but he really liked Michael's way of explaining stuff (and his over the top video openings). He was bewildered I wasn't more profitable, and when I explained to him it was emotions what took most trades away (closing early, moving stops, or TP, second guessing every decision...), he kind of understood it, but not really. Me, on the other hand, I felt a kind of relief (I had never talked about this with anyone, because trading never comes up). I feel that it helped to externalize it, like it happens with most psychological issues. Today I had a very messy day but at least was able to realize when I was losing control. I want to be ever more conscious about this going forward, so I share my moments of shame with you. Share your shames if you want. Who knows if it might help.

I really struggle with emotions while trading. I see the setups, I mess the execution. For almost two years I've managed to break even and stay "profitable", mostly stumbling in the dark until I started studying proper price action (read: ICT's videos). But I still have a very hard time with my emotions during trades. Last night a friend came over for dinner and we talked about this. He doesn't trade, but he really liked Michael's way of explaining stuff (and his over the top video openings). He was bewildered I wasn't more profitable, and when I explained to him it was emotions what took most trades away (closing early, moving stops, or TP, second guessing every decision...), he kind of understood it, but not really. Me, on the other hand, I felt a kind of relief (I had never talked about this with anyone, because trading never comes up). I feel that it helped to externalize it, like it happens with most psychological issues. Today I had a very messy day but at least was able to realize when I was losing control. I want to be ever more conscious about this going forward, so I share my moments of shame with you. Share your shames if you want. Who knows if it might help.