I appreciate your way of dealing with the market. If you are satisfied with your results, then keep on keeping on.

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It would be interesting if we could both agree on using an arbitrary stop loss and take profit, and place a trade each day, one hour after the NY close. You could base your trade on TA, and I could base mine on a coin toss. We would both follow the ...

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Then you trade the trend until the trend is no more. It doesn't take much thought. But even if you trade the trend, there is no guarantee it won't surprise you with a sudden move against you. Just because you see a trend, or some other pattern, it ...

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You are missing the point.

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Correct me if I am wrong, but don't you mostly scalp?

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I disagree.

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There are some good traders on FF. But that's not the point. I think most of the stuff pedaled in Forex is not as reliable as the people who are selling it would like us to believe. And I think many of the people on FF who are often seen bragging ...

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I had an EA built a while back that produced a win rate greater than 80% when back-testing. Unfortunately, it wasn't profitable. Even though the win rate was high, the strategy did not provide an edge.

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This image doesn't prove what I am asking for. I think you have misunderstood me.

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True! That's why I said it must be coupled with proof of being consistently profitable.

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If your win rate is 50% or less, and you have good risk-management, and you are satisfied with your win rate, then why bother thinking at all about market structure? Why not just flip a coin: heads to buy, and tails to short. Then apply ...

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To prove it's an actual edge and not mere luck, a strategy, in my opinion, should have a win rate above 50% out of at least 100 trades, and should be accompanied with proof of consistent profits. Scalping does not apply.

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I am a learner. I am always looking for new ideas to try. But that's not my point. My point mostly has to do with being frustrated with braggers, fake trading gurus selling courses, and holy grail indicators that marketers push. Such people act like ...

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EAs are good for risk-management. But most EAs that follow a particular trading strategy will fail over time. If it is an EA that follows a hedging strategy, then I can see how it could work out. Unfortunately, such an EA won't work for those of us ...

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To clarify, when I am speaking of having an edge, it is within the context of following a particular strategy. Therefore, it must be a win rate above 50% to prove it's not mere luck. Indeed, if you have good risk-management, you can still come out ...

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I am not wrong. You are not understanding my argument. It has nothing to do with being successful with a win rate of 30%. Of course it's possible to do that with good risk-management. What I am talking about is having an actual edge in the market. ...

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I have yet to encounter anyone on FF who has proven they have an actual edge in the Forex market. What is an edge, in my opinion? An edge is a win rate above 50% out of at least 100 trades, and proof of being consistently profitable. Scalping ...

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Time will tell. That all depends on your lot size, and how long your strategy will continue to work for you. If you are trading less than 0.05 lots, then it's not likely you will have a problem. Of course, that would also depend on your account ...

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I think it all comes down to which time frame you are looking at. But generally speaking, the Forex market is a mess. Now if you look at the Daily, it looks easy in hindsight. But looking at price action in hindsight always seems to be that way. I ...

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Ever heard of AI technology? They wouldn't have to use their own eyes to get the answers they are looking for to create their algos.

(binned per thread starter’s request)The "Thinking is Optional" S