Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. Its absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
Location: Currently living in Lagos State, Nigeria.
Posts: 14
Emotion Free Trading
We cannot control the market, then the only thing that will make us successful is if we can control ourselves, that is the reality. Having a near perfect system (either manual or mechanical) with adequate proper self-discipline made the Big dogs in the Currency market rich, people like , George Soros and friends, George Angell, Jaye Bernstien, Tom Beirovic e.t.c then you and i can achieve financial freedom like them. I created this thread so we could exchange self-disciplinary methods that have been tested and proven. I will start posting good materials very soon.
Location: Currently living in Lagos State, Nigeria.
Posts: 14
1st update...
Few traders ever stop to consider the context that defines the foreign exchange marketplace, but all of them should. As forex matures in its role as a retail investment environment the rules and the stakes will only multiply.
ANALYSIS
Who: The faces of forex that shape market action
Why: Understand the nature of forex, and its inherent opportunity
Where: Matching your objectives to the optimal dealer
What: Choosing a trading vehicle based on your investment premise
When: Time your trades for maximum efficiency
How: Select a toolkit that actually improves your trading ability
ACTION
Take an inventory of your personal trading plan
Find solutions that can help you execute your plan, step by step
WHAT IT MEANS
Bad News: Successful trading is more work than you thought
Good News: Everything you need to win is right at your fingertips
(JULY 2004, The Six Forces of Forex: Originally By Scott Owens)
Location: Currently living in Lagos State, Nigeria.
Posts: 14
3rd update
Exactly forexbd, but its just hard to do that for a beginner trader like me and many others out there, but after i went through all the e-books i am about to start posting, my thinking changed drastically from good to better.
I don't know if you guys have heard of Jesse Livermore ? He is one of the greatest traders Wall Street ever had but because he latter in his life broke his trading principles and let emotions take over, he ended up badly (Committing suicide-which he shouldn't have done in the first place- after loosing more than he could recuperate)
I have attached an e-book containing the story of his life which he personally wrote a few years before his death. The link below also tells a brief biography of the greatest Wall street trader i have ever heard of that started small and ended big but ended up woefully >>>
Overcoming the tricks our psychology plays on us during trading is crucial for success in forex. I've pretty much stuck to the same strategy this last 2 years, but all the while it's my psychology that made me lose or win. Becoming emotionless was the best thing that has happened, although it takes time to get to the stage. Everyone will eventually, I'd like to think. Only some might take longer than others.
Linear Mode
