any naked chart trader here?

how your performance so far?

When i first start trading forex 5 years ago, my chart is full with indicator, that time i though it was the best system i had ever build, i keep doing that until 2 years ago when i realise my mind is fcked up from this indicator since i had to relied on my system instead of my own thinking, those years trading with indicator is going up and down in profit, i had some big losses, but it really teaches me alot of lesson back then.

I stumbled upon a person who make tons of money by pure price action aka naked chart trading, after that i only realise the simplest way is the most profitable way... Currently im still sharping my skills through naked chart trading by using support and resistance, and a little price action knowledge from the past 5 years i've trade, hoping to start trading again next year with new goal and hopefully succeeded.

Lol i also trade eurusd 30min chart currently

why no reply my pm?

I hope you guys don't mind if i post my trading performance here since i have a problem to follow my own rules... im not discipline enough, i kept breaking my own rule then i regret after that LOL...

I hope by posting my setup here could fix my problem eventually, would start next week, i will post my profit and losses trade here see how it goes

As i said before, i lose money because i break my own rule that i created sounds pretty dumb rite?

If i were to follow my rule exactly which is only trade ONCE DAILY, win or lose... I would be making thousands or ringgit right now

But the problem i faced is when i start trading even if its winning or losing on the first trade, i just cant keep my finger off the button to open another trade Last week i suppose to open only 5 trade, but instead i have open about 100 more

I hope i can fix this problem when i start posting my trade here, wish me luck guys

haha, if it's that easy i would succeed long time ago

Based on my experience, its hard to find a swing trader, my friends who earn just like you also but he only hold position not more than a day, he open 10-30usd lot which is really damn brave to be honest, and he earn about 5-20k daily. But each week he trade only 1-2 times.

But still 20-50k usd per month profit, you cant get that kind money by working

my advice stick with well known company, there are alot of them

uon is based in penang, malaysia....

Go for xm, ic markets, exness...

no

My result today, i still broke my rules which is open 1 trade daily, today i did open 13 orders , but still less than last week which is 30 order per day, hope to decrease more tomorrow to 5-4 order

i dont know what is wrong with me, i have a pretty good technique that able to make 150 pips on eurusd this week, but i screw up and lost my investment... lucky only 100usd but still alot tho...

when i look back my past trade, i saw many of my trade was against my technique lol...

this forex keep make me mentally unstable when i start to trade, but when everything is over i realise how stupid my action is...how to fix this problem lol...

This post has been edited by testkindtest: Mar 5 2016, 11:54 AM

serious lol, if you throw me any pair with 1hour timeframe, i can make money easily since my technique is naked chart trading, no indicator involve at all... BUT when only i start to trade for real, using real money, i start to screw up my own technique, keep breaking my own rule lol wtffff

naked chart trading is not easy, time consuming learning curve, its like learning how to walk again...

but if you insist on learning, from my opinion this are the basic thing you need to learn

- candle pattern / candle movement
- perfect entry and exit point
- market behaviour

this are imo the basic thing you need to master, and other thing like money management, emotional control and stuff like that even i cant master until today, for 6 years... you need to know forex is not easy...

Not really, once you fully understand the basic thing, open demo account and trade 1 year minimum and keep trading until you profit.

But then again , the real challenge began when you start using real money...

but youre still using indicator which is not naked chart trading, to be fully understand market without any help from other things is what its all about.

and when you trade using indicator, it will give signal which is too late and risky to enter, on the other hand the guy who trade without indicator can enter trade earlier and precise which is not easy to learn...

This post has been edited by testkindtest: Mar 8 2016, 11:58 AM