huge spread...50 pips+

risks of exotic pairs????

lol...I never saw the point to arguing over theoretical situations that don't apply to reality. FXT seems to think everything in the forex world is black and white and textbook perfect and leugimp was foolish enough to try to debate him. Instead of ...

Mathematical reasons why MOST DayTraders & scalpers fail?

Of course it's okay to dream. If none of us dreamed, then we'd never bother hoping that someday we'd be one of the elite top 10%. When you go a year and you're still negative, and you're still learning and there's still so much to get better at, ...

can you earn 1400 pips per month with one pair?

just to let you know, the magic number is hardcoded so if you try it on several pairs or timeframes you're going to have problems.

DYNAMIC Breakout Expert Advisor

I don't feel the love in this thread.

This so called "self-destruction" of trading systems...

I just read the turtle's method in the pdf Darkstar found and I was surprised at how simple it was. For all the hype it was just a simple breakout method and I found nothing that impressed me as unique and creative. Their method of position sizes ...

This so called "self-destruction" of trading systems...

yes I've often wish I'd never about forex, but sadly I'm in too deep now.

This so called "self-destruction" of trading systems...

I believe the perfect system will be complex in concept and theory, but simple in design.

Seriously, do forex systems have to be so complex?

there is no ema indicator...you must be talking about the osama indicator. However if I were you I'd just wait till the next version comes out. The one you have now is embarrassingly inadequate.

Interesting GBP/USD MA Crossover system

thanks a lot for your compliments, it means alot. At first I was hoping to share this new idea for a great system, but I quickly saw many areas for improvement and one thing led to another and now the thread is more of a journal on developing an ...

Interesting GBP/USD MA Crossover system

I don't think any successful traders look at trading as easy money. Sure it may become easy for them after a while, but only after years of hard work.

This so called "self-destruction" of trading systems...

I'm not buying any of this.

Ultimate Successful Trading Technique

New Update. Sadly, but predictably the 15 minute timeframe has about as much in common with the hourly charts as a house cat does with a cheetah. I was uneducated enough to think I could apply my hourly, trending code to the much more unpredictable ...

Interesting GBP/USD MA Crossover system

I agree. If 90% of the wannabe traders never make it, then that means at any one time, maybe not 90%, but still much more than half of the traders here aren't successful and if they aren't successful at trading, then they shouldn't be handing out ...

This so called "self-destruction" of trading systems...

Hey I'll buy you two rolls royces. where's this magic system?

Ultimate Successful Trading Technique

No, this is what I'm saying. If the optimal values of a system are SL at 43 and TP at 21, then IF this is a robust system, then SL values anywhere from around 30 to around 55 and TP values from around 7 to around 35 should still give the system ...

Is the "system" part really so easy to come by?

no they couldn't at all. maybe 10 or 15 at most. And btw, no one plays with hundreds of billions of dollars a day. I'd say the most any one group trades with in one day is probably around 5 maybe 10 billion, at the very tops. Just because they have ...

This so called "self-destruction" of trading systems...

lol of course it would be. In other words, it never has a bad trade? You meant a stop one pip away and take profit 1000 pips away right? I'll assume you did and my answer would be, no, there is no such thing a perfect system, but in a strong one, it ...

Is the "system" part really so easy to come by?

I disagree completely. A very robust system will make you money no matter where you put the stop. That's why it's called a robust system.

Is the "system" part really so easy to come by?

lol

This so called "self-destruction" of trading systems...