
If you are still learning, like me, and feel as though you are still struggling to make consistently winning trades, please read below
After spending the past few years studying technical analysis and trying every which way to find a methodology which I felt totally comfortable and confident with, I almost gave up, believing I was just not the right type of person to become a trader. I made all the well documented mistakes, overtrading, holy grail hunting, signed up to signal services, bought both cheap and expensive strategies, robots, and spent weeks or months testing them out.
I also tried stocks, options, futures and eventually settled on forex. I have tried and learned about all the indicators, support and resistance, swing highs and lows etc: etc: but I was still not making consistently winning trades.
I always thought I was missing something to make sense of all this knowledge, something which could tie it all together so that it would flow in a clear and orderly way which I could totally understand so I could place trades without any doubt as to why I was doing it.
I realise now that I was always looking for "easy" signals, like 2 or three indicators lining up, or something crossing something else, or price closing above or below a certain point or breaking a trendline etc: The problem was, I didn't actually understand why any of these signals were doing what they were doing at that particular time.
I then came across a website offering a trading system using MACD and multiple time frames. I had always leaned towards this type of trading, but still had not put it together properly. I signed up, "yet again", and started watching the video tutorials, and after a few hours I had that "eureka" moment I had been looking for in my trading, all my shortcomings became apparent, I could see why I should not have taken all those losing trades in the past, I understood why I should wait for setups etc: etc:
I am now at peace with my trading, I know that if I stick to the principles that I have just discovered I will be able to trade calmly, but above all I believe I can confidently delete all those emails trying to sell me the next great system and just trade with something I am confident with and understand why I am taking the trade.
If any of the above sounds familiar and you want to see what has prompted me to bother to set up this little website and write anything about my terrible trading efforts so far for the first time in my 4 years of study, then please click on the link below. It might not be right for you, but I know it has helped me and if I can save any other trader, time, effort and money by just telling them about what I have discovered, then I will be pleased. Thanks for reading this, I hope it helps.
Regards
John Reid UK
Here is the link to go and have a look. Click Here
If you have any friends that may also benefit from this page, please email this link to them www.jcreid.co.uk
Thank you
About me:
I am 62 years old, I have been self - employed all my life, had enough of banks, lawyers, accountants, tax etc: so decided to find another way to earn a living in my old age. I am determined to succeed at trading Forex because then I will be truly independent, just me, my brain and my computer, any time I choose, and anywhere in the world with an internet connection. I am not trying to sell anything I just want to point out what I have found to be useful.