I want one of these for me!

turn your 75% losses to 75% winners

This does not work for me my fellow trader! Why? Because when you buy at supports and sell in resistances you are in fact trading against the trend, and in the long term, not only few weeks, the trend breaks many many times the S/R and you lose ...

Lost Souls Enter Here!

I agree with you except in the EAs part. Here are my statements: 1.- If you don't have a method, you are gambling instead of trading. 2.- If you have a method, then you can write it and back testing it. 3.- If your method fails in the back testing, ...

Lost Souls Enter Here!

I totally agree.

95% failure rate?

This is the key of the question, having a plan/method, but here comes the difficulty: everyone can learn to write an EA with his method and back testing it, but if you back test an EA time back enough you will realize that 99% of EAs end up losing ...

Why 95% Of All Traders Fail

That would imply a lot of volatility = increasing of spread.

What happens when both currencies in a pair crash?

Look at this thread: url

Info on tick charts?

This could works if there aren't spreads, but with spread you can't open the opposite trade at the same price, so in the long term you end losing again.

turn your 75% losses to 75% winners

Using TPs larger than SLs.

What helped you the most to be profitable?