Looking for a full time trader trading a mechanical system

Are there any time traders here trading mechanical systems that are 100%. By mechanical I mean you see something occur via indiors and have a trade. Where discretion is not part of this equation.

I have been told if you want to learn learn form people that are already successful in the business enterprise.

I am really struggling with trading this season and continue. It seems like I can go wrong or when transactions go great the wins that are larger are overtaken by all of the tiny losses. You would think if a person can be wrong with a little work and perseverance the reverse would occur.

If you've got the time and guts to do so please extend a helping hand to some fighting individual in need.

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Sounds like a good goal. Hell 20 pips a day compounded will make you wealthy in a couple of years depending on beginning capital.

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400k and counting

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Originally Posted by ;

Are there some full time traders here trading 100% mechanical systems. By mechanical I suggest you see something happen via indiors and have a trade. Where discretion is not part of this equation.

I've been told if you want to learn learn form those that are already successful in the business.

I'm really struggling with trading this season and last. It seems like that I can go wrong or when trades go great all of the losses that are small overtake the larger wins. You'd think if someone can be consistently wrong with a little work and perseverance...

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it took me 5yrs and blowing 10 accounts before I started making money from Currency Market, keep working at it, if later 5yrs then I say call it quits, that has been my goal 5yrs because I wanted to waste some more money

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it required me 5yrs and blowing off 10 accounts before I started making money from FX, keep working at itif later 5yrs then I say call it stops, that has been my target 5yrs since I wanted to waste any more money

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WOW that is a lot of money (at least for me). Congratulations on your achievement and here is to you continuing to get success from here on out.

Given that the 5 year program I will start counting 2012 since the first year, since this season is the first year I have really taken trading seriously. Thank you for the advise and reinforcement. Understanding that another somebody can do it is enough reinforcement for a life time.

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Perhaps it would be a good idea to learn what news is important and what is not. Is there a site/thread/ect I could get a record of news to not exchange? I understand some news doesn't impact the market much while others have big impact.

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Its not that much about what news to exchange or not to exchange, if you re intraday trader you need to be level during almost every news...

and when there is FOMC, ECB, draghi, bernanke, rates,important summits, NFP its better to not trade during that days, you may ussually have tight ranging moves or brassy EKG moves and they'll shake you out

I meant with fundamentals sth like how market functions, what are the openings, the way that it moves through them, what's the market focus, correlated markets, how they proceed today, what's trend and why's he like this and much more things that you can become only once time.

If you would like to understand how to begin I would suggest to begin demo account with oanda and start up their news feed - they have really good news feed and then read the stuff while viewing the market and how price responded to some political coments etc, then also try to read some analysis from brokers or anything they ussually have there a few fundamental things such as whats happening what's the focus and what can happen etc.. . .when u will be doing so for months will get better grasp of it

You are in a challenging position. I understand how hard it's to want something so bad and be unable to get there. Funny thing is, FX does not care how hard you're working. In reality, the harder you work, the longer you need it, the ellusive achievement becomes. Please click my name and read. It's an excellent place to get started.

Regards,

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Maybe this is beginners luck. Here. Price shot up 30 pips over one moment of my entrance. Green and red lines are where price has short term pivoted multiple times. Green being the half and red the reduced. I didn't use those lines for entrance just consideration of where price could stall.

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Stop trade... ( better now than later with large loses)
At this time, don´t exchange the news, just Pros can do that.
Read and think... ( try comprehend what the market really is.)
Most traders here offer a potential line to follow. Read this informative article.
Think again to try see your own system. .
Read more about that
Think again - Watch the market.
Open paper trade and try.
Create a basic plans - write down in paper (when, how, trade)
Open a straightforward excel and register trades.
Evaluate your result not for your money, for how you can follow yours particular rules)
... If don´t know about your self and you don´t know about your enemy, you loses 100% of the conflicts... (art of war)