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Page not found The requested page could not be found. The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition. 1 big winning trade a month to be a successful Forex trader. Yup, that’s correct, 1 big winning trade a month. How is that possible you might ask?
Well, I’ll bet if you go look at your trading account history right now you might just find the answer yourself. Some of you probably even know that this over-involvement with the market is why you are losing money regularly or struggling to keep your head above water. Yet, even though you know it’s keeping you from achieving success in the markets, you cannot break your addiction to trading lower time frame charts and over-analyzing the markets. Now, here is why I firmly believe that trading lower time frame charts is a waste of time and money. Sure, it’s possible to make money from sitting in front of your computer 8 hours a day staring at each tick, but why in the world would you want to? Now, let’s get back to my main point that trading lower time frames is decreasing your chances of winning and destroying your trading account. To focus on daily chart trading you need patience and mental fortitude, this takes intelligence and forward-thinking, it takes checking your ego at the door, and it takes a realistic attitude.