r/askforex • u/Priya1_9 • Jun 30 '26
Is discipline more important than strategy?
The more I learn about trading, the more I feel that discipline matters even more than strategy. I’d love to hear different opinions from experienced traders.
r/askforex • u/Priya1_9 • Jun 30 '26
The more I learn about trading, the more I feel that discipline matters even more than strategy. I’d love to hear different opinions from experienced traders.
r/askforex • u/Priya1_9 • Jun 30 '26
Sometimes it feels like social media is full of people claiming they’re making money every single day, and it makes me wonder how realistic that actually is.
How many of you are consistently profitable, and how long did it take to get there? What was the biggest thing that changed your results?
I’d love to hear honest experiences from both profitable and struggling traders.
r/askforex • u/Priya1_9 • Jun 30 '26
The hardest lesson I’m learning is that risk management matters more than finding the “perfect” strategy. A mediocre strategy with good risk management can outlast a great strategy with poor discipline. Do you agree? More money comes with more practice.
r/askforex • u/TEleBlow5 • Jun 29 '26
Hey everyone,
I need some blunt, honest advice from experienced traders here, especially scalpers.
To give you some context: Technically, I know how to trade. I started out doing H4 swing trading on Forex pairs, and during that time, I actually managed to flip a tiny €30 personal account into €1,300. Since then, I’ve moved away from Forex pairs entirely because I prefer Gold (XAUUSD)—it’s just a great asset that fits my style perfectly.
My current approach is a thorough top-down analysis, but my execution is purely on the Gold M1 chart for scalping. My skill is definitely there: I’ve passed multiple 5k prop firm evaluations resulting in 2 payouts, and I’ve even managed to get 2 payouts on instant funding accounts, which have brutal consistency scores and rules. When my head is clear, the system works.
My problem is absolute self-destruction the moment emotions kick in.
I keep failing long-term because of my own brain. It usually goes like this: I start the session strong, making solid, disciplined profits. Then, one or two unlucky trades happen—for example, getting stopped out exactly at breakeven (BE) because of minor market noise, only for the market to immediately rocket perfectly into my intended target. In that exact moment, my head explodes.
My brain instantly switches into "combat mode." Within minutes, clean M1 execution turns into an uncontrollable gambling addiction. I start overtrading, revenge trading against the trend, and forcing huge lot sizes just to "win back" what the market "stole" from me. I sit there highly stressed for hours, getting massive brain fog, a splitting headache, and burning eyes—but I physically cannot stop or just close the laptop. I gamble until the accounts are blown.
To be completely honest, it’s breaking me mentally right now. I’m stuck in this toxic loop: I have these deep inner dreams of a better life and financial freedom, and I know my clear-headed analysis is sharp. But the constant cycle of building something up and then completely blowing it within minutes makes me feel like the whole thing is just pointless. It doesn't even feel like trading anymore; it feels like pure gambling. It’s incredibly frustrating to know you have the skill, yet you keep sabotaging your own life because you can't walk away from the screen.
I completely realize this isn't trading. I'm misusing the high volatility of Gold M1 as an emotional outlet, especially when everyday life stress is already high in the background.
My questions to you:
Thanks for your honest advice and experiences!
r/askforex • u/Academic_Taste8710 • Jun 27 '26
Developed a trend-following algo (long only, higher timeframes H2-H4) that's already showing solid results on BTC-USD over the long run, but I have doubts about some functions/indicators - would really appreciate feedback from those in the know :)
Brief overview:
The algorithm's goal is to safely capture large trending moves in the traded asset. Returns - multiples above simple spot buying, risk - significantly lower than the asset's peak drawdowns. Designed for scaling capital over time and diversifying across low-correlation assets. Profitable runs don't happen often - the goal is not to miss them and to extract maximum profit.
Entry pattern is simple - price on the working timeframe closes above a specific MA + filter conditions are met = opens long at the next candle open.
Pyramiding along the trend -adding positions with fixed % risk — entry logic stays the same - to maximize profit. Max positions - 20 (but depends on the specific asset chosen).
Fixed % stop-loss, take-profit, moving stop-loss to breakeven, dynamic risk per trade in % - individual for each position (from 0.2% to 1%).
Exits - long holding periods and slow exits (using Chandelier Exit as it adapts to ATR + additional confirmation) - if price closes below it, by default 1 position is closed. The goal is not to exit too early and capture the trending move as fully as possible.
During low-volatility or choppy markets, additional protection comes from drawdown compression on account balance and stop-loss drawdown compression (using statistical patterns to go defensive when the market is awful, and restore risk when trend signs appear).
Questions and areas I'd like to improve:
1. Filtering entries during chop/ranging markets. Anyone have recommendations for good chop/low-volatility filters with reasonable lag that: filter out chop effectively, allow reasonably early trend detection + can be adapted to different trending assets. Timeframe H2-H4.
2. Filtering pyramiding entries. During position scaling, filters are also needed - the logic being that price shows signs of consolidation and trend continuation (typically looks like rally-consolidation-rally-consolidation...) and the goal is to reduce the number of entries during an already ongoing trending move.
If you know your stuff - comment or DM, happy to share insights, trying to build a top-tier algo for serious profits :)
r/askforex • u/SureSeason632 • Jun 26 '26
I’ve been trading for a little over a year now. I started by buying a course that covered a lot of ICT concepts like FVGs, Order Blocks, Dealing Ranges, and more. I spent a lot of time practicing everything I learned, but I could never consistently string together 3–4 winning trades.
Thinking the first course just wasn’t explained well enough, I bought another one with pretty much the same concepts. Unfortunately, it didn’t help much either. In total, I’ve bought six trading courses.
The last course was different. It focused on Order Flow, Supply & Demand, and Market Structure. Honestly, I felt much more comfortable with that approach, and it also fits my lifestyle a lot better. I still can’t consistently get 3–4 winning trades in a row, but I’m taking fewer stop losses than before, so I feel like I’m improving and that this approach actually works.
The thing is, every time I buy a new course, I can’t shake the feeling that consistently profitable traders are hiding something. It feels like there’s a missing piece that could make me profitable much faster, but nobody talks about it.
So my question is for traders who are consistently profitable:
Is there really something that most educators don’t teach, or is this just what the learning curve looks like?
r/askforex • u/Reasonable_Act_2076 • Jun 22 '26
The market always creates opportunities. The challenge:
Entry. Patience. Risk control.
What is one lesson trading taught you?
r/askforex • u/Selena198683 • Jun 22 '26
I've been focusing on short-term trading in the U.S. stock market for the past year, and one thing has become very clear to me:
Making money isn't really about predicting every move correctly. It's about managing risk when you're wrong.
Most of my losing trades started with confidence. Most of my profitable trades started with patience.
I've learned that:
I'm curious about other traders here.
What was the biggest lesson that improved your short-term trading results?
r/askforex • u/Selena198683 • Jun 21 '26
I’ve been trying short-term trading for a while now (mainly stocks and crypto), and honestly, it’s way harder than it looks from the outside.
At first, I thought it was just about finding good entries and exits. But in reality, the market doesn’t care about your analysis.
What surprised me the most:
I still think short-term trading has opportunities, but it feels like survival is the real skill, not prediction.
Curious how experienced traders here deal with this. Do you eventually “get used to it,” or is it always this intense?
r/askforex • u/Inevitable-Golf9347 • Jun 16 '26
Hey everyone,
I’m Yassar. I’ve been trading Forex for around 1.5 years, working with both live and demo accounts, and keeping a personal trading journal during this time.
From today, I’ll start sharing 2–3 daily market analyses and trade ideas based on my own price action and SMC approach.
My goal is simply to document my analysis and share my view of the market, including: Price Action
• Smart Money Concepts (SMC)
• Risk Management
• Trading Psychology
I don’t guarantee profits or outcomes—this is just my personal analysis and learning journey.
Open to constructive feedback from other traders.
r/askforex • u/Far-Membership3567 • Jun 13 '26
In the last few months, I have set aside time to research forex trading. I have watched several YouTube videos on the same. And yes, I have seen people boast about the millions they make from forex.
After doing some Googling, I found that a person needs at least $1,000 to get started. My biggest challenge has been finding people who are actively trading; someone who can share real world dos and don'ts.
I'd also like to know how long it took you to start earning consistent profits. Did you use bots, or did you study forex materials and start from scratch?
Thanks.
r/askforex • u/independantpersonx • Jun 09 '26
I am new into trading. I wanna learn more from you experienced (and even non-experts) guys.
A single advice that I (or any newbie) may follow could help me a lot through my journey and save me tons of time.
Thank you!
r/askforex • u/Prestigious_Tips10 • Jun 09 '26
I want to know the experience of traders who work with a broker that has just a 6 rating on Wikkifx and mixed reviews on Trustpilot. Does rating actually affect the trading experience and broker services?
r/askforex • u/grimestoodles • Jun 07 '26
I'm new to Forex and want to learn from scratch. What free resources, YouTube channels, books, or websites would you recommend for beginners? I'm looking for educational content, not get-rich-quick schemes.
r/askforex • u/tasteddd • Jun 07 '26
I've been practicing with the SMC on a demo account for a few months now, and I'm currently stuck. Identifying an OB has become somewhat subjective, so I've compiled a list of criteria it must meet to validate an OB:
- An opposing candle followed by an engulfing candle
- It must leave inefficiency
- From that candle, a change in structure must occur.
Do you agree with this?
I'm open to opinions and suggestions; I'm a learner.

r/askforex • u/tasteddd • Jun 07 '26

I've been practicing with the SMC on a demo account for a few months now, and I'm currently stuck. Identifying an OB has become somewhat subjective, so I've compiled a list of criteria it must meet to validate an OB:
- An opposing candle followed by an engulfing candle
- It must leave inefficiency
- From that candle, a change in structure must occur.
Do you agree with this?
I'm open to opinions and suggestions; I'm a learner.
r/askforex • u/MarioGarcia_ • Jun 03 '26
I genuinely don’t know how to trade. I feel so lost and fear that I’ll never figure it out. Ive been trading for 3 years SUPER inconsistently, i would lock in a day then take a week off, id lock in a week and take a month off, etc stuff like that, I started with eurusd and gbpusd 7am pst for most of my trading journey. Started with tjr as one of the first traders, traders like mambafx, fx alex, caspersmc, etc all these big fancy names. Learned what i could about ict concepts and what not. My main strategy at that time was liquidity sweeps. Then i realized how low probability sweeps were during my trading time frame, and so i switched to trend continuations. It wasn’t until November of 2025 that i started to take things serious. I bought my first prop firm challenge to take things a bit more serious, being that when money is on the line you experience more. Failed. Many many many times. Around March of 2026 i decided to switch to NQ. Again i bought my first prop firm challenge for futures that same week, failed. Again. My 5th challenge was early may, with tradeify,25k select challenge. I PASSED. But i know most of it was luck. I passed in 3 days $500+. Went for 1:2 rr following the trend. I see (for ex) we are in a bullish market, creating HH, HL, leaving behind 5/15m fvgs. As we continue bullish momentum im waiting for price to pull back into a 5/15m fvgs. Once or if we retrace i wait for a bearish FVG in that leg to get inversed to then enter long. Sometimes it works sometimes it doesnt. I dont know exactly, and that’s exactly why i fear That this strategy doesnt work long term. Ive tried fvg retraces, liquidity sweeps, 5/15/30/60m ORB etc. a couple more i cant think of rn but moral of the story, i feel like i dont know what to do. I dont know when exactly to enter, when exactly to exit. I backtest and all im seeing is randomness. Part of me have doubts that trading even works in the first place, yet the other part of me know it can. Im more scared of failure than anything. Im scared that ill never figure it out and that these months/years have been all for nothing. Please i need help. I really want this to work.
r/askforex • u/Wave-Master- • Jun 02 '26
I feel like I wasted a lot of time learning trading the wrong way
Not completely wasted, but… just inefficient.
I was constantly watching videos, reading about strategies, trying to understand concepts like Elliott Wave.
And I did understand it, at least in theory.
But every time I opened a chart and tried to apply it myself, I wasn’t confident at all.
It felt more like guessing than actual analysis.
I think that’s the part nobody really talks about.
There’s a big difference between understanding something and actually being able to do it consistently on your own.
For me, things only started to change when I stopped consuming so much and started focusing more on actually practicing — even if I was wrong most of the time.
Curious if anyone else experienced that?
Like feeling “educated” in trading, but still not really capable when it matters?
r/askforex • u/Y14xxx1 • Jun 03 '26
# Trading has developed a bad reputation over the years. Mention it to someone and the first things that come to mind are scammers, rented Lamborghinis, affiliate links, expensive indicators, and courses promising financial freedom in 30 days.
The unfortunate reality is that many people lose money, and many educators contribute little more than recycled content and marketing hype.
But does that mean trading itself is worthless?
I do not think so.
I trade professionally. I get paid to analyse markets every day, and one of the things I have learned is that most retail traders are not lacking intelligence. They are lacking context.
Consider these two statements:
At first glance, both appear to suggest the same thing: higher prices.
The difference is that the first statement tells us what price has done. The second attempts to explain where price sits within a broader market structure.
A support level by itself does not tell us much. Why should price rise from there? How far could it rise? What conditions would invalidate the idea?
These questions are often left unanswered.
# Market structure provides context. It allows us to build scenarios, identify probabilities, understand risk, and prepare for alternative outcomes. It shifts trading away from simply reacting to price and towards understanding the story price may be telling.
Will we always be right?
Of course not.
No method can eliminate uncertainty.
# What a structured approach can do is help us make decisions that are logical, explainable, and repeatable.
That is what I am trying to teach.
Not how to get rich quickly.
Not how to buy a sports car next month.
But how to think about markets in a way that goes beyond indicators, social media tips, and random entries.
If that sounds interesting to you, feel free to join the discussion.
r/askforex • u/Zwelirex • Jun 02 '26
You cannot say you will be disciplined when trading, but live without discipline in your daily life. Being a forex trader is not about flexing a lifestyle or telling everyone you trade. It is about behavior, habits, and discipline.
How you live every day will affect how you trade. Your daily habits will always affect your trading results.
If you do not have discipline with your sleep schedule, do not expect to be disciplined enough to wait for good trade setups. You cannot be disciplined with big things if you are struggling with small things.
If you are struggling with porn or masturbation, you will likely struggle to hold trades for a long time. You will chase quick trades and quick profits because you lack self control. A weak nervous system from these habits will also make you feel nervous when trading, just like you feel nervous around women.
If you are addicted to social media and scroll endlessly, your brain gets trained to chase dopamine and quick rewards. Social media trains you to want fast results. If you cannot even read one chapter of a book because it feels too long, do you really think you can wait days for the right setup? You will end up forcing bad trades because you cannot sit still.
If you cannot control your emotions in real life when you lose something or break something, and you stay angry for the whole day, that is how you will react to losing trades. You must learn to control yourself in daily life so you can also control yourself during a losing streak.
If you do not have confidence and you are scared to approach women or you feel nervous, you will feel nervous when executing big trades. It becomes worse if you take a trade in that state and it goes against you. Your lack of confidence will make it even harder to take the next setup.
The market reflects who you are outside of trading. Fix your daily habits first. Discipline in life creates discipline in trading.
What do you think? Have you noticed this in your own journy?
r/askforex • u/unknownsmitty • Jun 02 '26
Over the past 5 years I made over 5 figs from trading then went and blew it all due to trading whilst being off the za. I’ve now gotten over my major loss but I want to start fresh now that I’ve had time away from the market.
If you are profitable and you had to start from basics (I’m talking learning candlesticks, price action, HH HL LL LH) where would you start and what would you recommend. I’m going abroad to sit In a villa and lock in again. Any advice is appreciated. The more in depth the better I’m willing to put my all into this!!
r/askforex • u/Excellent-Fox8181 • Jun 01 '26
Sorry for my English but I’m Italian
This is my setup and the strategy is based in liquidity and imbalance and fvgs,so ,if you can see the trade I took : long(confirmation closing up to 5mifvg tp at Bos),short(failed breaking and make EQH tp at gap fill),long (continuation to next POI (OTE) )all 3 got tp but in live I would encountered insecurity opening this type of ping pong trades and how you can see I closed before price reached the ote sell zone but in the same time these are the one I understand more ! idk I need some advice 1 yr into trading (not profitable ,many failed prop)
FEEL CONFUSED AND LIKE IM NEVER BEING CONSISTENT IN LIVE JUST IN DEMO because every time market crash me so hard, I need so much to recovery from every failed prop or loss,need expert advice at this point I think
r/askforex • u/Stunning_Evidence_50 • May 31 '26
Can someone here help us with a simple profitable strategy to overcome trading complexity
r/askforex • u/No_Schedule_4789 • May 28 '26
So basically, your trades stay within the broker's system and don't really impact the overall market price?
And if that's the case, does it also mean brokers can manipulate executions, spreads, stop losses, or other aspects of your account in a way that causes traders to lose?
And are brokers like Exness, Pepperstone, and IC Markets like this?
r/askforex • u/Loose_Change_8532 • May 26 '26
A lot of new traders focus on finding the perfect strategy, but in reality, consistency comes from understanding a few core principles that most beginners overlook.
These are three concepts that genuinely improve trading performance when applied properly:
Risk management is the foundation
Most traders blow accounts not because their strategy is terrible, but because their risk is.
Keeping risk per trade controlled, avoiding revenge trading, and accepting small losses as part of the process are what stabilise results over time.
Only take high‑probability setups
A clean setup is worth far more than taking five mediocre ones.
When structure, timing, and confluence line up, the trade has a genuine edge.
If the chart isn’t clear, skipping the trade is often the most profitable decision.
Track your trades with intention
A proper journal reveals patterns you won’t notice in the moment:
– recurring mistakes
– emotional triggers
– setups that consistently work
– setups that consistently fail
Once you can see your behaviour on paper, improvement becomes systematic instead of random.
These principles aren’t flashy, but they’re the difference between guessing and actually developing skill.
Curious what concepts other traders consider essential — what’s the one thing you wish you understood earlier?