So the stop will be executed up there? you telling me I can grind for months and years and a thing like this can wipe all my progress or the whole bankroll? Okay guys, it was nice meeting you. Forex seems like the biggest waste of time ever. I'm ...

Why 99% of traders lose money

What would have happened in this gap if I was selling and the red line is the stop loss? Would the stop work or my account be wiped?

Why 99% of traders lose money

What do you think about the EA robots sold on mql5.com for example? I tested a few and they look amazing on test, why would the creators sell the for $100 if they are so good? Can't they keep for self use and make millions? I just tested on highly ...

Why 99% of traders lose money

I downloaded Forex simulator and tested my system on replay. I was so wrong, it is so different than it looks when you see a finished chart. A month that previously seemed to give me 500+ pips in backtesting, only realized -35 pips on forward ...

Why 99% of traders lose money

Man are those 63,5K pips or pipettes you earned this year? I would imagine those are 6,5K actually? Am I right? Impressive anyway. Keep compounding?

Why 99% of traders lose money

I am aware that the risk should be 1-2% but if the system can handle 5% then I will be doing myself a disservice if I lower it because the growth will be slow as well. I will probably lower it to 4% once the account is very big but not more. Thank ...

Why 99% of traders lose money

Hi dkrock, I know what you say. I studied the moving averages on 1min charts to see what's their deal. It would have been so good if they showed the whole story but even if they don't the good thing is that they adjust only for the current candle, ...

Why 99% of traders lose money

Not so many that they would put my bankroll in danger. I think the longest streak of losing trades was 5-6 consecutive in 26 months that I tested manually. And not all took the 5%, some were stopped early, some at half. Losses are quickly recovered. ...

Why 99% of traders lose money

How could it be impossible to identify it? if all the indicators show the signs that it will start I open the trade, if it is real I let it run. If not no problem, I close it with the smallest loss and wait for other signs. The wins are at least ...

Why 99% of traders lose money

Hi guys, First of all I want to mention that I don't sell anything, I just want your opinion about something. I used some systems in the past but none showed profit or as much profit as I would like so I created my own a couple of weeks ago. I use ...

Why 99% of traders lose money