Trader Tools, Trading Setups and Trading Systems needed.?

[jhonrtin]

I am trading the forex and stock market since 12 years now. I invested a lot of money and my whole life time but I only lose money. I need a trading strategy or trading setup that generates profits.

 

[GlenGary]

You need to learn the fundamentals of Trading jhonrtin, not a system, not a setup.

12 years, really? Thats a lonnnnnnnnnnnng time to still not see progress..

Seriously, you should probably just pack it up, and take up another career.

Not being rude by no means, but this evidently isnt your forte..

IF you still think you want to Learn it finally, then start with fundamentals.

For instance, whats a candle, whats a Wic, whats a moving average trend line, those types of things..

YOU have to start at the basement buddy, because somewhere along those 12 years, you missed a great amount of important information.

Good Luck

 

[eegozi]

You need to learn the fundamentals of Trading jhonrtin, not a system, not a setup.

12 years, really? Thats a lonnnnnnnnnnnng time to still not see progress..

Seriously, you should probably just pack it up, and take up another career.

Not being rude by no means, but this evidently isnt your forte..

IF you still think you want to Learn it finally, then start with fundamentals.

For instance, whats a candle, whats a Wic, whats a moving average trend line, those types of things..

YOU have to start at the basement buddy, because somewhere along those 12 years, you missed a great amount of important information.

Good Luck

+1...Seriously,..have you read any books on trading? If after 12 years you think its just a magical "setup" or "system" then you are mistaken. Each of us has our own "system" and rules to trade that "system". But like many on here,...I am not willing to just give away ALL the information and ideas I have developed while losing money that helped me develop a profitable "system". You need to develop your own system to suit your own personality and style of trading. This site (in my opinion) should be used to help get trading ideas and understanding of trading methods to come up with your own.

May I suggest,...Dr. Van Tharp's "Supertrader". If I remember correctly the very first chapter (if not paragraph) will answer this question for you very well. THAT book changed my life forever,...no joke!!

Good Luck