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ICT is good on Youtube and he has tonnes of free content

I do think stop loss orders are the biggest key. It is really important not just for preservation of capital but also maximising your profit as you have a static loss and a higher win rate

Completely agree, a scalper could trader 10 a day and a swing trade 2 a month and both could be profitable and correct in their own right

I think its so key its the bedrock of a successful trader. If you have good risk mangament your profits will be maximised and you will be able to trade within your means which helps with emotional freedom

IMO no definitely not i think you need to know how to trade and see what's going on to intervene. It is really hard to be in an EA without having knowledge. It will be an uncomfortable position to be in. Best learn the basics and manually trade then enter an EA if you still like

Arbitrage is definitely hard to do, i had looked into it when i first began i think finding an edge and repeatedly using it will be a much better use of your time imo

Absolutely its the downfall of so many. They then revenge trade and lose it again. It literally is a self perpetuating failing

Yes i definitely do. Do some backtesting choosing a swing high and swing low and fib it to a level. See what percentage R you would be up over 100 trades. Ive not seen anyone with a negative return on this

You need to keep an eye on them for sure. I havent found one that works long term to be honest but i have seen some that make a lot of money before going bust. I think a lot of it is timing and getting out before they do

How long is a piece of string, it is different to everyone and it is hard to gauge unless you go through the individual journey yourself. It is important that you take your time and not rush as thats when things can go wrong

Trading NAS can be tricky for sure. I know some that use a simple 8/50 MA cross and are very profitable. The thing is you need to have proper risk management and take profit targets so a system is good but you need to have the whole structure around it to work properly

I think freedom and the ability to trade anywhere and have my job wherever i want to be. Implied in that is the money to live comfortably

Completely agree, its so hard to make it in this industry without having structure. If people sit down every day and trade without it they are going to never have a proper data sample to fall back on when tough times come and they will come for sure

You need to focus on the process of trading and profit will be a by product of the strategy and rules you have in place

So true the markets are an instrument for transferring wealth from the impatient to the patient

Completely agree, you should have a plan then stick to it. The OP said for 'all' markets thats not a correct way of thinking. You're strategy or any strategy wont work in all so you have to know when to trade and when to stay out.

Really is the impatience. Once they see people 'making money' patience goes out the window. They then go on tilt when they lose, over leverage and bust. Having a plan and being methodical are the biggest things in this industry and most can't get to that stage as they are putting obstacles in...

Completely agree, not only will the OP have to put the work in to find it but it is crucial for anyone trading to actually see it first hand backtested/forward tested. People always looking for short cuts always end up taking the longest to get there

I think itll drop a little further to hit into that OB and then push higher. I am monitoring the DXY closely too. I like your analysis :)

I think indicators can work in a lot of timeframes but the best way to trade is price action and how price moves. Where it is targeting and how you can create a good RR trade.