I'll probably get criticised for saying this but I read and hear a lot about having an edge, statistics, beating the market etc etc etc ad infinitum, but it all seems unnecessarily convoluted to me. Maybe I'm oversimplifying trading but all I'm ...

The life of a trading system on Forex Factory

You make brokers sound like the enemy! They're just facilitating our trades is all, which we can expect to have to pay for, without them we're pretty much screwed! I consider my broker, and the market, as offering an opportunity rather than being an ...

The life of a trading system on Forex Factory

Last I saw they were chasing their tails expending time, energy, and resources by marrying a trade/view just to be 'right'! A pointless futile waste of time if you ask me but I guess if someone can't trade then what else can they do? With Alorente ...

The life of a trading system on Forex Factory

Unfortunately no it doesn't, you're kinda confused about leverage, margin, lot (trade) size, and risk. My advice would be to scoot on over to url and spend some time reading some of the lessons, things may become clearer. In the meantime stick ...

Is high leverage really bad for traders?

There is something fundamentally wrong with just about everything in that post!

Lot size and margin call

And now daily % or pip goals...... yeah ok that's enough for me, it's gone from the sublime to the ridiculous, I'm outta here.....

Are you a consistently profitable trader?

OMG the poll ideas are getting worse, where do you think these things up, on the john or somewhere! From <1 to >1000 depending on...............

Are you a consistently profitable trader?

Yes, and very significant when it comes to keeping people trading in hope! I forgot another motive, laziness! No need to get a real job when you can sit in front of a screen and justify to yourself/parents/partner that you're really working and ...

Are you a consistently profitable trader?

The risk of, your quote 'all it really takes is one bad trade to ruin an account.'. No experienced trader would even consider taking that kind of risk, it's unthinkable. The quote was '3 consecutive profitable months followed by 1 month where you ...

Are you a consistently profitable trader?

Because they believe it will be different for them! They're so close, they can feel it's within reach, just catch that big trend or big move on the chart and bingo. 200 pips at 10 bucks a pip for 3 or 4 days a week.....woohoo we're gonna be rich ...

Are you a consistently profitable trader?

Started and propagated by who?

Are you a consistently profitable trader?

And you reached that opinion, how? Both examples are quite probable, have you seen some of the strategies people use! With the exception of a rogue trader no experienced trader would take those kinds of risks, it's unthinkable and not even a ...

Are you a consistently profitable trader?

Sure.....for novice, inexperienced, or rogue traders! Of course it is but that's not the example which was given. My point exactly, therefore your 'profitable for 3 months' as a measure of consistency, success, or experience is meaningless, we're ...

Are you a consistently profitable trader?

Hmmm....doing what? (edit: I don't know why I'm even bothering to ask, I must be losing it! )

Are you a consistently profitable trader?

I think that only gets applied to signal/system/training sellers by novices, one bad call and they're outta there! No, at best you'll have a breakeven year (if you ignore the 'and then some'). What about all these martingale, averaging, no-stop, ...

Are you a consistently profitable trader?

Awww c'mon, this is FF, 95% are profitable! So is an 'increase at the end of the month from the previous month, and this was done for at least 3 consecutive months in a calendar year.' considered being consistently profitable and your measure of ...

Are you a consistently profitable trader?

. And.....here come the trading strategies! .

Lost Souls Enter Here!

Definitely. May not work for everyone but that was the light at the end of my tunnel! We can't control the outcome of a trade so what can we control, we wouldn't really want to risk money on something over which we have no control would we? lol, ...

Lost Souls Enter Here!

Me either, I'm not really sure what the OP is looking for.

Lost Souls Enter Here!