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ScalperGuru replied Dec 23, 2021I would not bother why 98% of traders fail, I want to know why the remaining 2% are profitable. I make sure to watch the weekly recap from FTMO because successful traders are interviewed and they share their trading journey and strategies. This has ...
Why 98% Of All Day-traders Fail
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ScalperGuru replied Dec 23, 2021Money management is a subset of your trading strategy and does make a big difference, yet does not guarantee success of your strategy.
why forex is so risky?
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ScalperGuru replied Dec 23, 2021Be consistent and be willing to try out different strategies on Demo. You learn a lot from testing and eventually you will find what works for you. I found scalping suitable to my personality.
How did you find success?
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ScalperGuru replied Dec 23, 2021Not "believing in compound" is like saying you donīt believe in math, or believing the earth is flat.
Simple. The people who donīt believe it can be done, have proof thanks to their own ...1% to 3% Per Day? All things are Possible
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ScalperGuru replied Dec 21, 2021Forex is only real due to our different trading approach to the market. Generally I think forex market has not changed and will not. Identify your trade pattern, improve it and keep improving it profitably.
Forex markets seems to have changed
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ScalperGuru replied Nov 15, 20211% to 5% monthly is reasonable.
1% to 3% Per Day? All things are Possible
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ScalperGuru replied Nov 10, 2021This is a very strong zone if you check on weekly timeframe. So trade with caution. image Wait for the market to show its hand before jumping in.
Cable Update (GBPUSD)
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ScalperGuru replied Nov 10, 2021I also thought a successful system/EA never exist but now I believe otherwise. Don't stop searching.
has anyone EVER seen a successful trader/trading system?
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ScalperGuru replied Nov 10, 2021Good results using my EA on IC Markets raw spread account. I will recommend them.
IC Markets
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ScalperGuru replied Nov 9, 2021Demo and lotsssssss of backtesting is advised for new traders. Finding an honest broker is also important. My advise is Backtest manually till you are convinced, demo till you are confident and then repeat same strategy on a live account.
Demo vs Live Account
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ScalperGuru replied Nov 9, 2021I was able to backtest 8 years period on IC Markets and all I had to do was to download data under the option tab for 1 min timeframe. The result was also very ok at 90% accuracy.
Best broker for backtesting an EA?
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ScalperGuru replied Sep 10, 2021My advise is that you have to trade forex long term, No get rich quick strategy believe me. I have been trading for over a decade now and I have blown several accounts but consistency came when I changed to a long term approach, an investment ...
How to make a living with trading?
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ScalperGuru replied Sep 10, 2021Prop account is the way to go if a trader is not sufficiently self funded and most importantly your personal trading style and risk threshold is permitted by the prop firm.
Prop Firm Hub
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