Recent content by cashisking86

I used to matched bet and then from there became interested in the betting exchanges which can be traded. From there I moved over to forex as the number of moving parts interested me more.

Price action can be used to have winning trades 100% but rich is relative and the wrong consideration.

The majors for me. Stick to pairs with USD in them as USD strength largely dictates much of the other markets as well. Make full use of the dollar index for comparison.

I think failure to consider order flow from HTF charts is what trips up most intraday traders. Trying to catch moves without really knowing where the market is going.

You failed to mention that they jump straight into live trading before they are ready and understand the concept of risk management because they are arrogant and greedy. A surgeon doesn't go straight into working on live patients, a trainee pilot doesn't go straight into flying a commercial jet...

An order block is simply a down close candle which is then followed by an up close candle or series of them that break the high of that down close candle and vice versa. But order blocks are simply a single confluence to look out for and that is why so many struggle with them. Much like relying...

It's possible of course but takes time and perseverance. Many don't have what it takes to put the work in to reach the level required to make enough money from trading to live well. Just in the same way there aren't as many doctors as there are shelf stackers.

The question implies you are looking for shortcuts or selling something. Spoiler alert - neither will be any good to you.

The pair doesn't matter hugely to be honest as it depends on how you read the price and opportunities. I like to trade EURUSD and GBPUSD as I read them better personally. Focus on "safe" profit is a myth. You can only control risk so focus on that instead. Find a strategy, back test it and gain...

What you're describing as trading without a broker is going with an "account manager" which is 99% of the time a complete scam. If you are a retail trader, which the majority of people here will be, then you will need a broker.

Sage advice here. Go back to basics and participate in directed study. You have to put the work in and practice or you won't get anywhere. You have to think of trading like learning to become a surgeon or something like that. All the education in the world won't help without practice and...

Education and practice. There are no shortcuts so don't bother looking for them. Focus on trading also and not making money.

Education allows you to have something to practice on but also know how to direct your practice. Without it you are simply gambling in a market that loves to part you with your money.

Get some education, practice risk magement, practice actually trading without worrying about how much you make, take your time.

Yeah go and learn how to actually trade and stop trying to make money in a near $7tn a day market without any education or time practicing.