First, you said scenario. Why would you trade so haphazardly? If you do not know your capability, then you don't need to risk any money. You need to go back to demo and learn your average win/loss so you can gauge your risk. Second, you are talking ...

How many pips does a "successful" trader collect weekly?

How do you gain pips and lose balance? That makes no sense. You have to cover your spread, duh, but after that, how does more pips take your money? I am at net 64 pips so far today on the pair I trade and I guarantee you I am not losing any money. ...

How many pips does a "successful" trader collect weekly?

Pips are a measurement of performance. Percentage is a measurement of risk. Two different things. I concentrate on the process of trading, not the profit. Profit is whatever I want to input into the process. I need pips to make profit, so that is ...

How many pips does a "successful" trader collect weekly?

All depends on how you trade. I know you like to trade by feelings and are often scared out of the market because you don't have an exit strategy, so your results will likely be quite less than a disciplined trader. No worries. Someday you will ...

How many pips does a "successful" trader collect weekly?

Simple. You are looking at technical analysis and not applying fundamental analysis..Economics. The rate of exchange is a perceived value of the difference between economies, and that is based on supply and demand. It is different between any two ...

More Advanced ideas

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The daily strategy - the different point of view

This is something different.

LFX Trading Proverbs

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candle timer available?

Have a second edge to confirm your primary edge. Close and reverse if you get head faked.

Rules of Successful trader

Helping a person organize their thoughts to design a plan is one thing. Handing over the keys to your gold mine to a worldwide audience is an entirely different matter.

Can a successful system be reverse engineered?

It is not difficult to reverse engineer a system if there is a time and price field because nearly every indicator is written against a moving average.

Can a successful system be reverse engineered?

Since supposedly everyone loses more money than they make, then consider taking the opposite of your trades.

Following bad traders as a strategy

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What kind of music you hear while you trade?

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What kind of music you hear while you trade?

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What kind of music you hear while you trade?

video video video

What kind of music you hear while you trade?

video video video

What kind of music you hear while you trade?

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Personal Trading Discussions

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What kind of music you hear while you trade?

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What kind of music you hear while you trade?