Comments on: Putting The Trading Probabilities In Your Favor

By: MUNGE GATHURI

MUNGE GATHURI — Sun, 01 Dec 2019 10:26:29 +0000

Thankyou Nial minimalist approach, trading plan and longer time frames that’s the way to go.

By: agus

agus — Sat, 07 May 2016 05:12:58 +0000

great article, thank you …

By: Adison Smith

Adison Smith — Fri, 22 Aug 2014 04:10:59 +0000

You have shared very valuable points for a trader. This line “It is not the market that is ‘defeating’ you, it is you who is defeating you” is perfectly right. Be a master in forex trading by applying all described points on yourself.

By: maya

maya — Sat, 23 Nov 2013 06:54:00 +0000

Hi Nials
Thanks for uplifting my trading spirit.
It is always great to hear from u.
You are a blessing to nubie traders.

Maya

By: robert h cason

robert h cason — Sat, 23 Nov 2013 06:12:44 +0000

Nial, great article. I am srtuggling with.earlier successes and letting my risk increase…then getting my brains pounded out by allowing disks
that didn’t have sufficient ,cntrol. Thank you for the reminder that poigs get slailughterex. I’m looking into next week after reading . Thank you! , ll be adhereing to the plan & controlling risk.

By: Abdul Laazizi

Abdul Laazizi — Tue, 19 Nov 2013 04:36:13 +0000

Well, after eight months of trading, this is what I learnt so far: building a trading account takes time, lot of discipline and all what Nial mentioned above and in his other gracious and professional articles.

Destroying your account is so easy. it takes one single mismanaged trade…. again one single mismanaged trade is enough to put your account to its knees.

DISCIPLINE IS THE KEY DIFFERENCE between success and failure in this business.
it seems that I learnt it finally.

Thanks lot Nial, again and again, for this inspiring article.

By: Lloyd M

Lloyd M — Sun, 17 Nov 2013 09:21:50 +0000

Thanks Nial.I made a 19R profit for the past 4 months trading with discipline. Because of what you just said in this article which is true i got overconfident and am now reduced to zero in just one trade that i over leveraged and when in a loss in that trade i kept hoping for at least my risk when it retraces to 00.(hope is one of the deadly trading sins, check the four horsemen killing your account, article Nial gave us last time)Last time Nial said for trading to work for us we must have ‘3 ms’ that is money, method,mindset and its true.I had the last two but this time i wanted to boost my account(so that i can also trade like a Baller ,joke!!)and that was my downfall Thanks again for this great lesson

By: Sebastian

Sebastian — Sun, 17 Nov 2013 09:01:38 +0000

Nial,

with the broad range of articles you are trying to help whoever is out there reading them.

it’s like trying to teach the same thing to many different people. we are all unique and that’s why one article clicks for one person but not for another. still, you’ve written so many articles, i would say most people who read them should be covered.

you are basicall teaching philosophy and it’s great to see that.

true, trading could be like a war, but it’s the war of the soldier versus the BANKS-TERS. not fair for the dying soldier, which we know quite well happens every day.

most people don’t know what they want to do with themselves. trading is just another activity, hobby, game, a hope for financial stability or indepedence etc.

you are trying to instill in us discipline, the discipline of waiting for the right moment to shoot, to engage in the battle of a trade and come out unscathed as much as possible. being prepared is the name of the game, no matter what stage we are on in life.

so far, i’m a survivor, not a veteran yet, like you are.

thanks for your time, effort, energy and especially for SHARING the experience you’ve learned from your scars along the years.

all the best to you.

By: JInesh

JInesh — Sat, 16 Nov 2013 18:15:56 +0000

Thanks

By: Alexander

Alexander — Sat, 16 Nov 2013 14:56:59 +0000

Still another comment would be, maybe mini account trading would recommendable over demo trading it will give the real experience of trading without the risk of losing your shirt.
Anyhow there are hurdles to take for any beginning trader, you can tell a child not to touch the heater because it is hot, but once you’ve burnt yourself you really know.

Cheers

By: Alexander

Alexander — Sat, 16 Nov 2013 14:38:31 +0000

This is reality for every trader, so true. You have helped me more than anyone else ever in my life with free information, soon not free anymore because I am going to pay you and become member.

Thanx mate,
Alexander

By: Daniel Gisore

Daniel Gisore — Sat, 16 Nov 2013 11:26:33 +0000

Good one again!

By: Geetha

Geetha — Sat, 16 Nov 2013 10:37:47 +0000

Nial sir is the best coach, who helps a trader to start trading by keeping his or her baby steps as perfectly as possible.

This is truly a supporting article, thank u sir.

By: Rasha

Rasha — Sat, 16 Nov 2013 09:22:38 +0000

Thanks , Im the one who got overconfident and lost all my profits and then half of my account money the next week trying to compensate my losses , this article is really helpfull , thanks again..

By: Chaminda

Chaminda — Sat, 16 Nov 2013 08:49:33 +0000

Thanks Nial and really appreciate as always….

By: water

water — Sat, 16 Nov 2013 07:23:16 +0000

Yes Nial , I am defeating myself. So addicted to the race and enter knowing defeat. But I cannot help it.
I want to be in the race allways and so intoxicated with the pain and joy alternately and i enjoy both.I want to change myself for becoming a profitable trader than to be in the race as now.Thank you.

By: Peter

Peter — Sat, 16 Nov 2013 04:47:27 +0000

” mobile trading app is probably going to induce over-trading. It’s like having a little slot machine in your pocket for most traders” very funny and I could’nt agree more

By: M.Anasullah

M.Anasullah — Sat, 16 Nov 2013 02:20:46 +0000

Emotional decisions are the enemy of any trader……….
I like ur article – useful to all of us…

By: Wibowo

Wibowo — Fri, 15 Nov 2013 23:50:03 +0000

Really good article …. It’s great Nial.

By: Lyte

Lyte — Fri, 15 Nov 2013 20:28:56 +0000

Thanks Nial. Using price action is to me the best way to trade because it is simple it is therefore me who makes it complicated and through time patience routine discipline and having a mentor like yourself has been the difference between looking for quality trade set ups and just guessing which is I can’t control what the market is doing but I can control how I trade in the markets.

By: Jan du Plessis

Jan du Plessis — Fri, 15 Nov 2013 17:32:33 +0000

Yes Nial you so right about short time frames. Experienced the affect today.
Thank You for the lessons.

By: odwa

odwa — Fri, 15 Nov 2013 16:41:13 +0000

Great Nial

By: Tropez

Tropez — Fri, 15 Nov 2013 15:27:11 +0000

Oh well…thanks for this topic good to refresh the rules. I trade the forex 2y on indicators last year is just bad for me. 3 weeks ago i don’t even know about price acction nothing. Before i use only 5,15,30 min charts…Nial as you wrote ” If you can’t dig up the self-discipline to stop looking at those 5 minute charts and eliminate them from your mind, then you probably don’t have the discipline it takes to manage your risk effectively and stick to a trading plan either” i don’t even think about this hehe… but hey! I don’t look on 5,15,30 min charts 3 weeks already after 2y of using only! After you said that i feel now …like i quick smoking. Now you make me pround what i did and don’t event think about this before. Looks like im not totaly lost in head…for chenge trading thinking after 2y of using. I see huge potencial to stay in simple Price Acction 1,4,1D charts and lov it! Thanks

By: Mahdi Hatami

Mahdi Hatami — Fri, 15 Nov 2013 15:12:30 +0000

Nial. I’m addicted to your posts. Great job,Thanks

By: David Kelly

David Kelly — Fri, 15 Nov 2013 14:18:52 +0000

I am a newbie and have been working very hard at learning the basics thru BabyPips, then demo trading different strategies for months all helping me to understand what kind of trader I am. I have followed a few “trading mentors” and I have to say that Nial has hit the nail on the head for me.

By: Jakson

Jakson — Fri, 15 Nov 2013 11:59:47 +0000

Great Post. Nial, put some trading examples 4 hours please. Thank very much.

By: Ronald

Ronald — Fri, 15 Nov 2013 09:53:34 +0000

Every time your articles coming at the right time,when i need some inspiration.
i still see to much entry opportunities, but it is getting better thanks to the articles.
Thanks so much.

By: daveavies

daveavies — Fri, 15 Nov 2013 09:38:32 +0000

Great blog Niall, one of your best

By: Mehdi

Mehdi — Fri, 15 Nov 2013 08:12:42 +0000

Dear Nial,
Each article is useful and eye openner. Fantastic and great.
Thank you again the generous man.

By: Isabel

Isabel — Fri, 15 Nov 2013 07:55:52 +0000

Thanks Very Much !

By: X

Fri, 15 Nov 2013 07:54:04 +0000

Thanks !

By: Vladimir

Vladimir — Fri, 15 Nov 2013 07:18:22 +0000

Thank you Nial.