Questions & Answers

Questions & Answers

Is there a point in learning trading with the emergence of AI trading bots?

Well to start with, AI doesn't exist at the time of this post. What you think is AI, it's mostly LLM's (Large Language Models) that take existing knowledge (or noise in the case of things like Stable Diffusion) and sort it around. There'

Questions & Answers

Don't know what I am doing wrong.

I started trading and my win rate was around 60% with a average 4RR. Lately this hasn't worked, what am I doing wrong? That, statistically, wasn't going to continue. There's an inverse correlation between WR and RR. You can draw a pie chart to

Questions & Answers

My psychology is fcked up.

I keep losing trades, should I change my strategy? [included screenshot showing PL]. Changing the strategy doesn’t change your psychology. The problem is you can’t be pulling in $2 wins and $18 losses on a regular basis. And this is coming from someone who doesn’t always trade

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Do traders really need to understand the markets?

After learning forex trading for 2 years now, i came to the conlusion ‘the less you know about the market, the better’. There will always be new things to learn ofcourse, but i guess those things will just keep you learning without actually trading. When i was a total beginner

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Help I am lost.

Hello everyone, i am making this post at my lowest of lows(in life and in trading). I have gone round and round in circles (from “retail” trading patterns/systems to “smart money” systems and back again to retail) but still no results. I have spent hundreds of dollars buying

Questions & Answers

Forex liquidity?

I'm having problem with liquidity. Do you entry only with trade with liquidity? Was equal high/low enough to be defined as liquidity? You're not having a liquidity problem as a retail FX trader. Liquidity is a problem with things like low volume options, where you

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Opinion on people who post P/L porn?

P/L porn is, for me at least, amusing AF. Because it doesn't say what they think it says. The poster is like "I'm a badass, look at me" but in reality, all they're saying is they can't make a

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In your experience, what are the successful exit strategy that has been doing well, and on which pair?

Pay attention to momentum and what the candles say. If you're going to trade short term, you got to be able to read those candles like the back of your hand. Exit the trade when momentum slows, keeping in mind volume and momentum are different things. You mentioned

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Is journalling one of OR the main reason you're profitable?

Journaling, or rather R&D, is the ONLY reason I'm profitable. Not main reason, not top reason, ONLY reason. Between the blind leading the blind and the scammers trying to scam, odds are any advice you get will be total crap. There's almost no point

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Is scalping/intraday profitable?

Scalping can be profitable, but you should keep in mind transaction costs. If you scalp 5 pips and spread is 1 pip then 20% goes to transaction costs. If you swing trade 50 pips and spread is 1 pip then 2% goes to transaction costs. In theory you can make

Questions & Answers

What's harder, passing a "prop firm" challenge, or keeping the account?

The challenge is a onetime deal while continued profits from a funded account is an ongoing affair. Keeping the account is going to be harder from a statistical standpoint, but I'd argue neither should matter. If you ran the numbers to make it near impossible to blow the

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What are the best free courses out there?

I just started getting into forex but as I have read I see that there are a lot of bullshit creators out there so if yall can suggest some good creators with good free courses for me to learn that would be appreciated The best free resource is an old