G_Foster

G_Foster

Every beginner is looking for ways to take money from the market without risk. This is something like puberty in adolescents. It seems to you that you are chosen and unique. That you will be able to come up with something that others have not guessed. You start looking for the Magic Grail. Everyone goes through it. Bollinger bands, Elliott waves, trading...

G_Foster

Nothing has changed in my attitude to the MIL:BTC price structure. Yes, we see a confirmed upward price structure on the weekly chart. Yes, this is a strong argument in favor of bulls. But The market is striving for balance. The market is always in search of liquidity. There is too much such liquidity left at the bottom. * In order not to disrupt the...

G_Foster

An ordinary person uses religion as a guide to his spiritual life. A trader uses mathematical expectation as a guide to his trading life. Trading is a game with a negative mathematical expectation. This means that when you open a trade, you have already received a loss in the amount of two trading fees for entering and exiting this trade. That is, in order to...

G_Foster

Continuation. The beginning is in my previous idea. Law 29. Don't fall in love with the deal. Admit your mistake as soon as possible and look for a new opportunity. Law 30. The euphoria of a series of profitable trades creates false self-confidence, for which the market will punish. Be modest about your successes. Ten successful deals in a row doesn't...

G_Foster

Continuation. The beginning is in my previous idea. Law 15. Money is a by–product of good trading. Your goal in the market cannot be to earn money. You can't influence it. Your goal is to do your job efficiently. If you have a trading system, use risk management and find the strength to stick to your rules, then the money will come. Law 16. There are no...

G_Foster

My experience. I started trading futures over two years ago. During this time, I went through all the circles of trading hell. I searched for myself, selected my trading style, put together a trading system bit by bit. Merged. I accumulated personal experience, bit by bit collected information in books in order to get even a millimeter closer to...

G_Foster

How not to be afraid, not to be ashamed and not to get angry when placing a stop-loss. Let me guess. At first you flew into the market with great hopes and plans, but then you lost a couple of deposits. I pulled myself together, reviewed a bunch of strategies on YouTube, each time being inspired, but again and again I smashed my forehead against this wall....