I lose because of random walk. Markets are 90% of time are unpredictable. That's the key problem. If you learn how to tell apart market regimes when you can predict something from complete randomness then you gain the edge.

Why you still lose

With fixed spreads you get certainty but lose flexibility. Do you need that. Answer yourself. The more is challenge the higher is potential reward.

What are fixed spreads?

I think that markets are trendless 95% of the time. You can expect trends only after release of some major market moving information; for large players it takes time to quit or enter some position due to liquidity constraints (for some markets), ...

Trend following system is dead

Can't you open an account in offshore branch of the broker regulated by FCA or Mifid? At least I managed to do so with Hotforex, despite that they also run separate business for EU and UK clients.

Real ECN Broker

Higher volume higher chances to get bad fill on your order, especially if your broker is dealing desk. Exactly due to this you get slippage during NFP - orders congestion.

Best Broker?

Is it a kind of keltner or ichimoku channels? Anybody conducted proper backtesting to see how often price rebounds from channel bounds?

MT4 Tick Chart Scalping

Many brokers act as execution venues. Arbitrage profit considered as risk-free, i.e. in their opinion you gain an unfair advantage. But still for some markets it is possible to hold positions longer than 2-3 seconds so they let you withdraw your ...

Brokers/accounts suitable for arbitrage trading

What else is available for analysis except for bid/ask and tick arrival time? Pls help, I'm stuck.

How to identify the most Ranging Zones

How to find that you broker is good or bad for backtesting? Quality of candle historical data or.. what should be the key criteria?

Best broker for backtesting?

What about ECB slashing interest rates? Do you think it won't be enough to knock down Euro?

HotForex Discussion

Crypto volumes are clearly falling, volatility also struggles which diverts good part of speculative capital from it. This self-reinforcing loop is detrimental in the long-run because two years after pandemic showed that most projects that promised ...

Are bitcoin owners making a crypto-exit?

Nice analysis bro, however a bit unrealistic. There is nowhere to run away from dollar. Gold is a safe heaven yes but it's not good to serve as medium of exchange, also any currency backed by Gold.. it is unsustainable in the long-run and hard to ...

How Would Inverse Correlated Pairs React If/When USD Crashes

Looks like they are dealing desk, otherwise they wouldn't survive with this cheap access, zero spreads most of the time etc. There is likely a conflict of interest but shouldn't be an issue if you lose with them or doesn't earn too much

Best Broker?

Focus exclusively on slippage (average slippage pre trade) the rest plays the secondary role. Also learn if the broker makes the market for you.

Best Broker?

From this correlation matrix I think you can't conclude if the pair is overbought or oversold because arbitrageurs quickly restore equilibrium

Can you tell when the currency is overbought or oversold?

Those that follow trading plan and honor stop loss are usually end at breakeven or slight loss due to transaction costs. If you don't understand where you edge comes from the gains that you have currently are most likely transitory and just result ...

90% fail, but maybe more succeed than we think?

Let p - the odds that price reaches Take Profit, 1-p - the odds that price reaches Stop loss What you want to achieve is positive expectancy of a trade or: p * Reward + (1-p) * Risk > 0 p / (1-p) > -Risk / Reward Take for example Risk/Reward of 2:3. ...

Are Risk/Reward ratios simply nonsense?

Did you read their ToS? If they have respective provision then it's your fault than your didn't read it carefully, otherwise yes they are bucketshops that can act on their own discretion in certain situations which is red flag.

Broker is Closing Down

Did you take a look at tradingfxvps? They are cheaper compared to beeksfx, I use it with Hotforex and basically experience no issues. Moreover they offer Hyper-V virtualization which is certainly faster

Best VPS for IC Markets?

The biggest difference is of course the presence of financial risk and as practice shows many newbie traders fail to adequately estimate or react to it as we tend to avoid or reduce uncertainty. Hence it is not uncommon to see how traders cut their ...

Demo Forex VS Real Forex