Recent content by Astute

Forex trading is a journey to self–discovery. The best way to begin a journey is a step at a time. Acquire the basic knowledge, delve deeper, restrict your research to what suits you, practice on demo, prove to yourself that you are consistently profitable for six months then launch out.

One of the best ways to overcome emotion in trading is to follow discipline of execution of trading plan from setup to entry and to exit. That can only be achieved with a sound trading system that gives at least 55% winrate with bigger reward to risk ratio.

Anyone who claims to trade for people is mostly unprofitable. If they really knew how to trade they wouldn't ever bother shouldering the stress of trading for others. Acquire the skills. Take responsibility for your investment.

Two things: you are not trading with the right perspective. Secondly, trading with little capital can lead to frustration except you are very skillful at trading.

There is no perfect system or method when it comes to trading. The edge lies in knowing that it should work more times than not.

Volume profile works in forex trading...so does tick volume.

MT4 stands out from the rest for its simplicity and ease of use. Does not have much features but it is my favourite.

Patience without a plan is a cup without handle. They must complement each other.

Consider the loss of money as tuition fees in becoming a better trader. Keep grinding.

The most common mistake in my opinion is not having an edge. Big mistake.