Insane work so far, quite the profit! I understand your unease of leaving money in the broker so it will be hard to judge your account on balance but I suggest people should look at your average pip gain which currently sits at 7.0 thats amazing, ...

Trading for a Living

Sorry I may not be understanding what you have done to obtain that -22 pips per trade, have you weighted the pips gained with the lot size used to place the trade? I.e. 10 pips at 0.01 lot = 10pips and 5 pips at 0.02 lot= 10pips? If that is the case ...

Turning $800 into $1 million in 1 year

Sorry just curious why wouldn't Eur/Usd be the best pair at the moment? Yellen seems dead set on hiking interest rates to the roof matched with the instability in Europe at the moment (BREXIT, Immigration, political unrest, rise or the right) I ...

Grid trading with very low leverage

Raphael if you are watching it would probably be best to close the trades now and reevaluate your strategy. It is quite difficult to come back from a >90% drawdown both economically and psychologically. One positive/silver lining you can take away ...

Turning $800 into $1 million in 1 year

Great advice mate Maybe next time you should keep your thoughts to yourself if you are inexperienced in this type of trading. There is absolutely nothing wrong with taking advice from other traders, they say one of the great things about ...

Turning $800 into $1 million in 1 year

I may be confused than, if you could clarify a sl/tp RR of 1:2 means that you place a sl at 10pips and tp at 20pips? Giving you a 33% success rate per trade? Or am I misinformed? Following that if you were to take 5 trades the odds of winning 3, 4, ...

(binned per thread starter's request) Sign of a profitable tradin

I'll do you one better, I will make 1000 trades and come out with a profit... oh wait you don't accept TEs because "reasons". Guess I better waste my time and personally sit you down to show you an arbitrary and quite frankly low sample pool so you ...

(binned per thread starter's request) Sign of a profitable tradin

It depends... are we talking about all your captial that you plan on using for retirement? The golden rule for that is 4-5%. However if you are say playing some risky new strategy's or want to test out a high risk/reward system then I see no problem ...

How much drawdown can you tolerate?

Thanks man Hahahah yeah you are 100% right, although that would be my biggest weakness at the moment. I have never quite conquered the biggest challenge of all... being stoic and trusting in yourself Thanks for the great advice man

(binned per thread starter's request) Discussing $1,600 to $6,000

Here's hoping, but I feel there are too many people still propping it up for the carry trade.

Pivot Trading

Let's hope this starts to enter the bull market my signals are slowly starting to come in for buys. The BOE Gov Carney speech will be interesting to listen too with the government finally forming yesterday.

Never give up - From SGD 1000 to financial freedom

What Brown said is true, HFT isn't within seconds its within milliseconds/ticks. HFT is where you are sitting on the exchange and an order comes past you to buy and you sneak in before that order reaches the exchange to buy and then sell to that ...

Best broker for high frequency trading?

Still my favorite... anything that can explain the markets in one picture has truly reached simplicity

Quotes and Videos for Traders

Hopefully it will make for nice trading opportunities

EURUSD

Week Summary (25/6/17) Profit: +$11 Pips: -33 Return: +0.5% Geez such a measly week. I should really restrict myself from trading anything to do with the CAD, although hopefully it will continue its trend downwards this week. I still think this may ...

(binned per thread starter's request) Discussing $1,600 to $6,000

I am yes, obviously you have done well on trading the pair, an impressive gain that few could match in such a short time frame. However it still seems as if you have missed the basic fundamentals of what a broker does and is. You have increased your ...

Turning $800 into $1 million in 1 year

Week Summary (11/6/17) Profit: +$22 Pips: +68 Return: +1.1% As predicted my gains were lower this week, but I was pleasantly surprised to see Yellen disregard all logic, facts and data to keep travelling full steam ahead into the next financial ...

(binned per thread starter's request) Discussing $1,600 to $6,000

I am hoping this can be my growth account so looking for a consistency of 10% (overall though, obviously with this amount of risks I am expecting some months to be negative). Out of interest my main account this year it has made 19% so somewhere in ...

(binned per thread starter's request) Discussing $1,600 to $6,000

You're a joke man, seriously rude. I'll leave this post up as an example of how to make yourself look like an arse in a matter of seconds.

(binned per thread starter's request) Discussing $1,600 to $6,000

If you can handle the psychological aspect than that's fine for you. But you still haven't addressed the avoidable losses I mentioned above: "Part of this is being incurred because you have at this very moment 1 lot open for long and 0.25 lots open ...

Turning $800 into $1 million in 1 year