lukgoku wrote: Thu May 30, 2024 4:21 am
Dear Xard777, I'm sorry I can't meet you in person to shake your hand and say thank you. Your words are making me realise why on M1 I am profitable maybe even for one or two months, but then I irretrievably burn the account, blaming myself for not being up to scratch, for being distracted, for making unforgivable mistakes, and so I start again. Maybe tf m1 is the problem. Too much noise, false signals, hidden signals that when you find them you can't exploit them because you are afraid the price will turn against you. The m1 tf is attractive because you go fast but you are still always one step behind and no method, strategy or indicator can help you. (At least it didn't help me let me be clear, other traders maybe are consistent on m1). I am realising this through your words and my mistakes. Today I only tried m5 but I still ran away from looking at m1, but I'll get there, I'm stubborn as a mule. The important thing is to understand the mistakes. (Think until a week ago I was in a paid trader group where the "mentor" knew I was working in m1 but never bothered to explain to me what I was getting into). Guys everything you need is free don't throw money away, there is all the info we need and all the people willing to help us here on the forum like Xard,Mrtools,Kvak,Jimmy and many others. Thank you Xard for what you do and who you are!
Hello lukgoku,
I absolutely agree with you, except for the part about having to pay for a mentoring service, I've never done it, but I made the same trial and error mistakes in several systems until I discovered this forum and this thread in particular, I'm not saying that other systems are better or worse, but it was in this one that I decided to invest my time and resources to learn, between all of us we achieve our goals.
Don't be greedy, you don't have to go to all the alerts when they appear, you need discipline, a lot of patience and of course when everything is aligned with your trend, keep the position open as long as it's valid.
Make your dreams happen, and if you have any doubts, do not hesitate to ask, because together we can make a difference and be part of the 20% have success on this journey.