tradersanbrokers wrote: Thu Jun 03, 2021 10:43 pm
Am still loosing trades is someoen willign to help me here so can send screenshots of setups with entriesan exits
where someone who can guide if have taken the right ones please.
Man, I don't want to hurt your feelings but you are still losing because
you don't understand Xard's setup.
And you don't understand the setup
because you wait for other people to do your work (but nobody can do that for you)
(reading the thread, thinking about the setup, watching price moves, find out what are good entries, good exits etc).
You have no chance of ever becoming profitable if you don't study the market cycles (for example: Wyckoff) intensively: the setup Xard offers is nothing but a visualisation of these cycles on different time frames.
update:
Al Brooks:
There are no secrets among successful traders; they all know common setups, and many have their own names for each one. All of them are buying and selling pretty much at the same time, catching the same swings, and they all have their own reasons for getting into a trade. Many trade price action intuitively without ever feeling a need to articulate why a certain setup works. I hope that they enjoy reading my understanding of and perspective on price action and that this gives them some insights that will improve their already successful trading.
The goal for most traders is to maximize trading profits through a style that is compatible with their personalities. Without that compatibility, I believe that it is virtually impossible to trade profitably for the long term. Many traders wonder how long it will take them to be successful and are willing to lose money for some period of time, even a few years. However, it took me over 10 years to be able to trade successfully. Each of us has many considerations and distractions, so the time will vary, but a trader has to work though most obstacles before becoming consistently profitable. I had several major problems that had to be corrected, ... it took me a long time to accept many personality traits as real and unchangeable (or at least I concluded that I was unwilling to change them). And finally there was the issue of confidence. I have always been confident to the point of arrogance in so many things that those who know me would be surprised that this was difficult for me. However, deep inside I believed that I really would never come up with a consistently profitable approach that I would enjoy employing for many years. Instead, I bought many systems, wrote and tested countless indicators and systems, read many books and magazines, went to seminars, hired tutors, and joined chat rooms. I talked with people who presented themselves as successful traders, but I never saw their account statements and suspect that most could teach but few, if any, could trade. Usually in trading, those who know don't talk and those who talk don't know.
