Find a great mentor

A great mentor will show you the ropes of succesful trading .A great mentor will have the following qualities

a)understands high probability trading and it's implications
b)Understands trading phsychology i.e stress reponses , emotions and body conditions etc etc.He has failed because of this trading phsychology , and is able to explain real trading and how phsychology affects your trading
c)has failed at real trading on live accounts , understands real market behaviour of choppy markets , trend failures , extremely volatile and unpredictable markets.He has experiened a) and b) and can devote time to you.
d)is down to earth and detailed about trading phsychology and high probability trading
e)Will provide a K I S S (keep it simple stupid) high probability method , the human brain is wired to lose in the markets ,therefore it is important to have a K I S S method
f)Understands market timing and find a method to time the markets

Do some google research on the following
"stress reponses , hippocampus,amygdala hijack "
"human brain is wired to lose in the markets"
"is it possible to time the market"
"choppy markets trend failures"

This is a great thread to read

http://ift.tt/2oupvgI

http://ift.tt/2ourDVY

http://ift.tt/2ouicFZ

http://ift.tt/2oui8WH

Design a high probability method around the above or get help from a great mentor to find such a method .Go to youtube and listen to phsychology videoes about trading patience, trading emotions ,amygdala hijack , stress reponses , trader's personality , reactive patterns , the need to be right , perfectionist and other emotional arousals during trading like frustrations , anger at trades /market behaviour , revenge trading , reactive patterns etc etc

Do your homework and you will find sucess and consistent success.::clap:

Find a great mentor

Can o Worms

The great and good of the banking world are about to be handed their asses. The bit players taken the rap so far....looks like that's about to change :)

http://ift.tt/2osw7fv

Can o Worms

High probability trading system 75% hit rate

Practise on demo first , this hp system


If used correctly , it can give 75% win rate .Most people can not follow systems , because of this

http://ift.tt/2plt1Hy

Called 4 out of 5 trades profitably in advance last week.

http://ift.tt/2plaWt1

Let us see if someone can trade it profitably on their own initiative.There are over 2,500 trading systems for free on the net , yet over 95 % of traders fail.

Attached Files

SIGNAL APPROVAL FORM 2014 v13.docx (64.9 KB)

High probability trading system 75% hit rate

Nice Smooth & Easy

Just wanted to test out a super easy system & have somewhere to post results.

My idea is to have an extremely simple set up which produces big winners & small losers.

Nice Results
Smooth & Stable Graphs
Easy to implement

Using 1 min charts review 2 hours of graph seeking a smooth & stable upward or downward movement.

Small stop loss. Only take small losses.
Limit the risk to low.
No take profit.
Allow for huge returns.

I'm confident this system has potential to produce awesome results. If it does end up working well, I will attempt to place more specific parameters on the opens. Breaking things down in detail is not my strong suit. However, in order to maximize the success rates, I may attempt to educate myself. Off we go...

Nice Smooth & Easy

Review: Legacy FX Broker review

Legacy FX was founded in 2013, very quickly this broker was listed among the fastest growing companies. Legacy FX is an ideal no desk broker that accommodates all trading styles, based in Cyprus and serving more than 100 thousand clients so far.

Accounts

Legacy FX offers 4 different kinds of accounts, each one is unique and you can choose the type of account that suits your needs.
Silver account - for beginners.
Min deposit 100$
The silver account is designed for beginners who are making their first steps in the financial markets, it is designed so a beginner can get the real thrill of trading with minimal risk.


Gold Account

Min deposit : 5000$

Advanced traders

For traders who are familiar with Forex trading and are looking for better deals

ECN accounts

Min deposit : 5000$

Experienced trading professionals Designed for professional and experienced traders


Platinum account
Min deposit : 15000$

Professional investors. Designed for experienced Forex traders

Legacy FX is specialized in Social trading.

The social trading is the newest and the most exciting and most rewarding method for beginners to enter the financial market.
Legacy FX is Linking traders from all over the world into one big network, and encourages traders to use each other's skills to trade together
When you trade with Legacy FX you can copy other traders actions with just one click
With the social trading, you can see other traders' actions, so you can choose one of the professional traders and just copy his trades.
It is very easy, very successful and you will be amazed of the results when you try it.


Daily signal recommendations
Signals recommendations are a very important factor that will actually make sure that you are making successful trades and that you are making money.
Legacy FX has established a professional crew made up from technical and fundamental analysts who are expert traders themselves. This crew mission is to come up with daily signals recommendations on currencies, indices stocks and commodities.
This signals recommendations are the key that you will open with it the door of success in the financial market. If you follow this signals recommendation, your earnings ratio will be higher than any percentage of potential loss.

Education
Legacy FX cares about your trading education, because without a proper education you cannot succeed, so when you open a real account with legacy FX you will get access to a lot of webinars and videos that will teach you all you need about the market.
Training course
If you are a new trader in the forex market, so you need a training course, in order to get familiar with the trading environment, so legacy FX gives you 1 on 1 course with your personal account manager who will teach you how to be successful in the market, step by step.
Ebook
You will also get an ebook, this ebook includes everything you need to know about forex trading.
A lot of beginners are wasting time reading wrong information about trading in the internet, so Legacy FX prepared this book to serve the traders and give them the right information that they really need in order to understand forex in the right way.
Professional account manager
Legacy FX will provide you with a professional account manager who will help you and give you advices how to manage your financial portfolio, you can contact your account manager at any time of the day via phone, email and chat.

Legacy FX Trading platforms

SIRIX WebTrader
Web based, this trading platform is user friendly and comes integrated with a whole host of unique trading features. The trading platform also allows traders to conduct their trading in real time as well as letting traders trade on the social trading platform where you can copy the professional traders with one click.
SIRIX Station
A stable and highly configurable trading platform, the SIRIX station is easy to use and enables you to place trades with the liquidity providers It also comes with a sophisticated trading feature which lets you analyze the effects of news and lets you react to market changes faster.
SIRIX Mobile Trader
As powerful as the desktop version of the SIRIX station, the SIRIX mobile platform enable traders to trade the markets from the palm of the hands on their smartphones. It is available as a trading app on Google Play Store and Apple’s APP store.

Conclusion
Legacy FX is a broker that cares about the traders and you can trust working with them. spreads are competitive and leverage is one of the best in the market. And you will get a proper education that will make you succeed in your trading.

Review: Legacy FX Broker review

International WhatsApp group

Hi guys. I have noticed if you threads on this forum trying to start an international WhatsApp group.. Unfortunately, there has been little follow-through. I am going to try it one more time. Please send me a PM or post your numbers here.


The group will compliment this forum.

I can be contacted on
+27813023381 let's see if this works

International WhatsApp group

virtual accounts versus real accounts

UCLA neurophysicists have found that space-mapping neurons in the brain react differently to virtual reality than they do to real-world environments. Their findings could be significant for people who use virtual reality for gaming, military, commercial, scientific or other purposes.

“The pattern of activity in a brain region involved in spatial learning in the virtual world is completely different than when it processes activity in the real world,” “The neural pattern in virtual reality is substantially different from the activity pattern in the real world. We need to fully understand how virtual reality affects the brain.”

To read whole article search on google for "Brain’s reaction new research by UCLA neuroscientists"

Most (if not all) new traders can not replicate demo results on live accounts ,when trading a demo account , your subconcious brain knows there is no money to lose ,it does not matter if the demo money is lost ,no stress or emotions are involved.Just search hard and very hard on google for failures of demo to live accounts , the extensive searches will provide unbelieveable results.

The switch to live account involves fear of loss of real money and an overreactive amygdala (your emotional brain) , it also involves the stress response and hippopocampus shut down leading to mistakes .The command centre in the brain is shut down ,so the beginner trader's early technical trading systems gets blocked by the hippocampus shutdown of the brain.The emotional and stress responses take over after the shutdown.This is how the trader now performs under trading phsychosis dealing with the uncertainty , the brain reverts to subconcious instinctive reponses to trading , in his immediate surroundings.

On live accounts be ready for real losses with real money , be ready for reality , be ready for all different emotions and stress responses , discover on live accounts you are your own worst enemy in trading.

http://ift.tt/2oS6zcg

Some demo accounts always give fills and others don't have spreads , so you make loads of profits on demo , this is broker's free lunch profits for new traders.This is broker's marketing ploy to suck suckers into trading , until on real live acounts ,the spreads eat your profits into losses on real accounts.


Just test your demo and live for months.

virtual accounts versus real accounts