More winners than losers are what cause the move xD, how can such basic concept people get wrong. Price move because of MORE money flowing in one direction. The only reason retails lose any money at all is because of the commission. If there were no ...

Forex is random

This does not exist. As long as you continue to trade in the long run regardless of what you do will only long lose the spread assuming you are gambling and have no edge.

Forex is random

Today I received a message about unrealistic gains and that I was gambling. So hear my take on what's realistic. -Betting 10% on total equity on 1 trade is gambling If I put 1000 into an account with no intention of putting more than that, then bet ...

Transition to full time trading (hopefully)

Well I guess it depends on the "context" Stop hunting as in what most retailers believe it represents does not exist.

Forex is random

Stop hunting doesn't exist, just a made-up thing so retailers can blame their loss on someone else.

Forex is random

I looked at dow but overall it didn't meet my requirements. I like DE30 a lot tho, my main issue rn is if the broker will execute my trades on time, I did only used limit orders on the demo so they should. Slippage isn't an issue as sometimes you ...

Transition to full time trading (hopefully)

I agree with everything you said 100%. was just Saying with the current trading system I am using it seems results like this might be possible for a short while before liquidity issues etc kick in. I think I provided enough evidence to support as ...

Transition to full time trading (hopefully)

About 2 years ago I saw this TE from a fellow forex trader url I was obsessed with this method not due to the high percentage but the rather short holding time per trade. Many members of the forum said it was a fake and It may have well been one ...

Transition to full time trading (hopefully)

May get my live account set up today. I decided to make some changes no major but I may be staying away from the forex market for a bit. was looking at the indies the spread seem to be a lot more stable and overall the volatility is higher. I don't ...

Transition to full time trading (hopefully)

It's a mix between the 2 , I do have fix rules but often my intuition guides me, sometimes things occur that you can't see on the chart for example price may stop moving completely for a few seconds. I was actually looking over my trades and realize ...

Transition to full time trading (hopefully)

It doesn't matter will just increase the SL by.5 pip to make up the differences.

Transition to full time trading (hopefully)

If you flip a coin with 1.5 SL I will bet my house your account will not be positive after 100 trades. If you flip a coin with a 50 pip stop loss, I wouldn't even take the bet as the account have a really high chance of being profitable. is that ...

Transition to full time trading (hopefully)

Tickmill is around 5 dollars a lot which is cheap. there is an option to get.3 pip but it requires more capital, I may attempt to get it to reduce once the grows a bit because what I lack in the capital I will make up for it with the number of ...

Transition to full time trading (hopefully)

Currently, my stop loss is actually.7 pip as I did lower it you can check my last 70 trades or so for proof. I will be increasing the stop loss to 3 pips that means I will reduce my commission by about 80% so it would be a lot easier than what i did ...

Transition to full time trading (hopefully)

It's not 10% every day. As the account grows the percentage risk becoming less and less as I won't be withdrawing nor increasing the lot size. so, in essence, it's +1 trade every day.

Transition to full time trading (hopefully)

Dude if you were to randomly enter 100 trades by flipping and coin and won 55 and lost 45 on the higher time frame you would be profitable as such you may think you have an edge despite the fact that the results of the series of trade could easily ...

Transition to full time trading (hopefully)

I never said the longer timeframe was pure luck wow. This is what I said. I said luck can have a significantly more impact on the higher time frame is the short run due to the low commission cost, hence you need a lot more trades as a sample size. ...

Transition to full time trading (hopefully)

-I took down the demo because trading under- the pressure is a recipe for disasters so yes mistake did occur and I did take a loss but all the stats are there check every single trade 1 by 1 and If any trade went over the 1.5 pip stop loss please ...

Transition to full time trading (hopefully)

I live in a 3rd world country currently just 21 years of age so my average income per day is about 15 USD. When the transition to full-time trading, I will increase the SL to about 3 pips to reduce commission and start with a 3000 USD ( a lot of ...

Transition to full time trading (hopefully)

125 trades over 100% of the account balance paid to broker as commission yet the account remains positive. Not once has my stop loss exceeding 1.5 pip. May not update this thread until my live account is up and running

Transition to full time trading (hopefully)