- Search Metals Mine
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- Fenty replied Mar 29, 2026
I think your mindset is the problem. Don't think about wanting to quit the 9-5, don't take your profitable week and extrapolate it to think how you can be a millionaire in 6 months. Just grind it out and focus on good risk management. I've lost ...
Why does it seem so easy for other traders, but not for me?
- Fenty replied Mar 29, 2026
No thanks, I'm perfectly capable of losing my own money, I don't need somebody else to do it for me. If you do have an edge, then you don't need lots of money. You could buy a prop challenge for $50 and have a $5k account. Technically it's more like ...
I am a 15 Year Experienced Trader
- Fenty replied May 17, 2025
I was running several EAs on a cloud based server and they returned about 38% in 3 months. Donald Trump then broke them all, so they are disabled until the world returns to some form of normality. If I could figure out how to programmatically ...
Anyone consistently profitable using Expert Advisors?
- Fenty replied May 3, 2025
Do you have an indicator that you want converting? What is it? I can probably do it or make a bot from it on MT5 or preferably cTrader, but there's no information to go off
Personalized gold indicator - need help converting to MT5
- Fenty replied Apr 20, 2025
It's great showing a spreadsheet with some numbers showing things like, but I bet there's not a single person on this site that can consistently win with a 5 pip stop loss. You'd have to be the best technical trader in history to even win 30% of the ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- Fenty replied Apr 19, 2025
Your broker shouldn't care at all what it does, it doesn't affect them. I don't use metatrader because it sucks. I'd recode whatever you're doing to cTrader and test on proper tick data, but I highly doubt your results are real. Most likely ...
I am testing your EAs on live market conditions
- Fenty replied Apr 18, 2025
ICT can't trade, I think that's as close to proven as you can get here. But that doesn't mean what he teaches is bad. It's mostly renamed concepts that have been around for ages. If you take the strong principles in his content and apply solid risk ...
Your opinion about SMC/ICT
- Fenty replied Mar 29, 2025
I wonder why he does it. My assumption is ego. He's definitely the real deal. He's traded live all year and doubled that account with every video, including big losers on YouTube. I watch him live whenever I can, and his dodgy broker exactly matches ...
Quitting Forex
- Fenty replied Jan 26, 2025
Agreed, even with systems that work on bar closed of the hourly time frame, a backtest of 1 minute OHLC candles doesn't reflect real performance. When you change it to every tick, the results are completely different. I don't even bother to backtest ...
Profitable EAs and Good Resources
- Fenty replied Dec 1, 2023
Fundamentals are looking less bearish for gold. Falling yields and incoming recession that may have already started don't look like knocking it back down so far. The only hope is that gold only jumped up because of the war and it's price doesn't ...
Gold
- Fenty replied Nov 26, 2023
not from the ceasefire. This isn't the end, but it might suggest regional escalation is less likely. The DXY looks at support after a couple of big down weeks, so that might push gold down. XAUEUR looks at the end of an upwards retracement, so that ...
Gold
- Fenty replied Nov 25, 2023
I've only skimmed this thread because I'm on my phone, but I don't think you're looking at averaging in the right context. This appears to be based on a random mathematical approach and I agree that it's unlikely to be profitable long term. But used ...
The Myth of Averaging
- Fenty replied Nov 25, 2023
We're at a weird point right now. Gold is priced very high for its value yet the market sentiment would say gold is going up, especially against a currently weak dollar. I'd guess range or slightly up in the short term with a bigger down move over ...
Gold
- Fenty replied Nov 25, 2023
Remember that an annual return of 10% beats almost every fund going and is an exceptional return. I'm not saying you can't do better, a lot better. But 1% a week is incredible and compounded over a few years would make you very rich. Remember the ...
Gold
- Fenty replied Nov 24, 2023
Unless you're scalping, it's accurate. But it's very different on a real account. I would demo with a smaller amount that you're going to put in and trade the exact same way. No point having a 100k demo and watching your account go up by thousands ...
Gold
- Fenty replied Nov 24, 2023
Black Friday in US. Not usually much action in the markets over thanksgiving.
Gold
- Fenty replied Nov 23, 2023
I use MT5 from an old account and cTrader for a new one. Not sure what you mean by the same, there's no difference between demo and live if that's what you mean. Once I close the MT5 account, I'll never go back
Gold
- Fenty replied Nov 23, 2023
Makes sense, prop firms are mostly scams and the ones that aren't are deceitful.
Gold
- Fenty replied Nov 23, 2023
Try cTrader. Far better and not manipulated. MT4 has been proven to be manipulateable, so why trust the next version? Downside is it's big, but so much more modern and way more features built in. When my swap was incorrect, cTrader corrected it by ...
Gold
- Fenty replied Nov 23, 2023
It's a combination of USD weakness and falling treasuries. It's surely going down at some point, but hard to pinpoint when. Lots of speculation that the fed will start reducing rates early next year, but that's not what any data is showing. USD ...
Gold