My holy grail is risk management. Yep, just like that, I dont really care what trade system it is (you need to backtest it tho, gives you knowledge and can help you finding "something" that can work for you), as I believe that most of them work... ...

What was your "holy grail"?

1 - 3% is good for me...higher than this I lower the lot size.

How Much Do You Risk Per Trade?

Are you going to trade with the same risk on a live account? Everyone says that demo is a waste, this and that. Well, I say you can only fight the way you train. So if you are a crazy fellow in the demo you are going to be a scared crazy fellow in ...

Demo Forex VS Real Forex

First and main rule of success in trading: BE CONSISTENT. Trade in your trading hours - there will be always opportunities to open a trade (there are days that even I go without openning a order...) Backtest your system to find flaws, gain screen ...

How did you find success?

In my experience, who trades without stoploss is not going to be in the market for long. They will be out of money fast. There is a difference between knowing what is your max loss and no stoploss, it takes alot of work to trade with mental stops ...

Trading without stop loss

well, its 90% or more that lose money, BUT its not because they are scalpers or whatsoever, they lose money because they dont really have a risk management, I say this alot but risk management is about 20% of all your trading, and it gives 80% of ...

90% of traders fail...

focus on risk management(RM), that will give you 80% of your profits. The system just need to work 60% of the times. Focus on what is important and that is RM. Learn where you can put your stops, with what lot you can work, how to move stops, and ...

Forex Newbie asking some advice

When I was about 12 y'old I said to my mom that I wanted to be a trader, she said that no one makes money out of it, even my father lost around 10k on it, and that I would never do it. Guess what, at 13 y'old I made my first profit on a real account ...

Who makes real money from forex?

Money management is the hands down most important thing you can have, so study it alot. Do the 20/80 rule 20% of your trading should be MM and 80% should be the trading system, 20% of it represents 80% of your profits. What will give you the most ...

Rules of Successful trader