If anyone thinks I would post publicly how I implement my stop-loss so the broker or anyone can hunt it, they are very wrong. And especially for the cable, because the pair is SO volatile, it's VERY difficult to trade with a SL. You will constantly ...

What is the Best Stop Loss Method for GBPUSD?

Yesfx not paying you enough for you to vouch for them? LOL

Funded Traders - Pros n Cons

Ah looks like the author of that tradingschools.org got bought by MES Capital too and has decided to "update" his views. Oh well, I was never here to defend his impartiality only to show that his article actually raised some valid points that people ...

Funded Traders - Pros n Cons

And if it makes absolutely zero sense for somebody who is able to make money to go to a funded prop trading firm to raise capital, then that leaves funded prop trading firm to be only ONE thing: they are only for the people who can't make money. But ...

Funded Traders - Pros n Cons

What investors are looking for in a hedge fund manager is the consistency AND sustainability of its profit. IF you can make that much % of profit in a month consistently for a sustainable amount of time, believe me, people WILL notice. It does NOT ...

Funded Traders - Pros n Cons

WHY not? WHY are you so against successful traders with proven track records to run their own hedge funds? WHY do they need to sign up with those prop trading firms like MES Capital that's going to take 50% of the profit away when they can not only ...

Funded Traders - Pros n Cons

Just EXACTLY what I thought. Funded prop trading is NOT what they seem. Anybody who wants to try funded prop trading firm should read this: url I am NOT denying the author's slight partiality towards TopStepTrader program which is a rival funded ...

Funded Traders - Pros n Cons

With track records like that, you should run your own hedge fund. It would be LOT more profitable and efficient for you than going with a funded prop trading firm.

Funded Traders - Pros n Cons

It's NOT just Rithmic that gets affected by this. Rithmic is a fine data feed. I bet you if you use another platform with Rithmic you will have none of the problems that you encountered with Ninja. No matter what data feed, CQG, your broker's own ...

NinjaTrader screwed up with Zen-Fire data feed

Most of those funded prop trading firm requires that 1) You have a winning trading strategy that has a proven profitability record, 2) The daily losses not exceed certain threshold limit that they impose and 3) You put up certain amount of the ...

Funded Traders - Pros n Cons

yeah the spread is also a killer, *7* pips per side so 14 pips one round trip so scalping is out. The only way to trade is swing trading or day trading but you have to have enough $$ and risk appetite to stomach its volatility.

EUR/AUD

If you trade live, just do what I stated in my previous post with your broker. As long as you put in the minimum trade size accepted on the platform for your limit order if your broker is a true ECN, it will 1) show up on the quote screen and 2) it ...

Singapore Maybank Kim Eng real ECN?

It's so surprising that profitability of traders with MB Trading is so low. You would think with an ECN broker like MB Trading that even rewards you commissions for adding liquidity would allow traders to have higher profitability. It just shows not ...

Are there any successful Traders in Forex Factory?

You actually don't need a high win ratio only a high profit-to-loss ratio will do just fine. Of course having a high win ratio helps but it is not mandatory but having a high profit-to-loss ratio is absolutely essential.

Are there any successful Traders in Forex Factory?

Yup lesson learned. NEVER EVER NEVER EVER trade on the day of AUD employment data. I thought the data being published another timezone another market away wouldn't affect the PA that much, I was wrong. AUD was great for the past several weeks but ...

AUD/USD

But when the curve is ABSOLUTELY flat and there is ABSOLUTELY no PA, everything is just empty talks. Everybody is just playing with the crosses and nobody is really trading. The PA is just piece of shit today!! All those targets, supports, ...

AUD/USD

Ninja Trader is a fine software but ONLY for charting and backtesting. It has a large warehouse of indicators and has a very fast and intuitive backtesting facility that is easy to use. Its charting is pleasant to look at with its easily ...

NinjaTrader screwed up with Zen-Fire data feed

No any US traders who trade with foreign brokers who are not registered with the CFTC is still subject to possible prosecutions under the Frank-Dodd rule regardless which platforms they use and Ninja Trader is just a platform. It's NOT a forex ...

NinjaTrader screwed up with Zen-Fire data feed

Let's make sure it gets there first. Right now it's still struggling to reach 7650. No news, no numbers today so everybody is just playing. It's only 10+ am and there is almost no PA.

AUD/USD