11 Jan 2018
I’m a 56yo railway fitter living in Derby UK. I work shifts which allows me to day-trade on my days off. After 7 years I’m still not a consistently profitable trader, however I only trade 2 small accounts and have never added to the losses in them, being determined to win them back with the reduced capital remaining. I’ve spent much much more on books and courses than I have ever lost in those 2 accounts and I can’t say I’ve overspent on courses either. My accounts are with Oanda and IG and I trade the 5 minute chart of the forex pair GBPUSD using the 30 min and 2 hour charts for most of my higher timeframe views of the market. Even Al Brooks took ten years to learn to trade which gives me hope. After years of trying various charts and indicators I now only use the 20ema and basic time based candlestick charts. I seemed to have stopped my search for the perfect strategy over the past year and have settled down to trade price action. Best sources of education I would say to be Al Brooks trading course and books and Bob Volman books. Best source of inspiration, learning, psychology would be Rob Booker . Best trading blogs Shonn Campbell, Matt Lacoco and Brett Steenbarger. An interesting alternative market view is from Adam Grimes especially his learning methods. Biggest inspiration in early years came from Rob Wilson.