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pip_seeker replied Jun 26, 2012I think you are referring to yourself with that comment? I can only hope so.... In order to pull this off completely you really should stop the troll activity... it really doesn't suit you and you lose what little credibility you have. My post was ...
Trading forex profitable is impossible!
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pip_seeker replied Jun 25, 2012The higher the accuracy the better your chances. You can be successful with a 40% win rate but it's much, much harder with a low win rate... because you are looking for much bigger moves to account for the 60% that you lose. One way to look at it: A ...
Trading forex profitable is impossible!
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pip_seeker replied Jun 24, 2012It's impossible to sell a system... too many cheats who don't want to pay and too many snake oil sales men to trust. If it was any good and you sold it what's to stop someone from rebranding it and resell it cheaper than you? It's simply impossible. ...
How much would you charge to sell your system?
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pip_seeker replied Jun 24, 2012You can't win if you don't play.... Evidence? Sorry this isn't CSI.
Trading forex profitable is impossible!
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pip_seeker replied Jun 24, 2012I would never count on MT4 forever. Some said the same thing about MT3, but rules and laws changed and support for MT3 dried up quite quickly. I'm sure it will be the same end for MT4 or some cheaper spread offered with MT5 like you said to gain ...
MT5 - ready for prime time?
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pip_seeker replied Jun 23, 2012This has been all hashed out before.... click the link in my signature. <If you dare> mmmwhahahaha.
Trading without stop-losses
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pip_seeker replied Jun 23, 2012Will the transition to MQL5 be similar to how it was from MQL3 to MQL4? In my mind MQL3 to MQL4 was for the most part syntax. Won't it be similar in the jump from 4 to 5? I've been thinking about it but in no hurry to update. I would rather just ...
MT5 - ready for prime time?
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pip_seeker replied Jun 23, 2012Systems for sale: Manual. Forget about it. The moment you try to be someone else is the moment you write "L" on your forehead. You can't be someone but yourself. EA. Most people cheat the system. Buy for a "group" so that everyone can get it for ...
why do people share profitable systems?
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pip_seeker replied Jun 23, 2012It's possible, but unlikely. Typically to make big money you have to risk big money... this leads to over leveraging and all it then takes is surprise news or some other kind of information to make markets change course on a dime. Your ...
Advice for the long run?
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pip_seeker replied Jun 23, 2012Trading is like: Getting a cheese burger today....

and with any luck having enough to pay for it on Tuesday.
Trading is like ...
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pip_seeker replied Jun 16, 2012Consult Magic 8 Ball. Seriously, it comes in time with watching hours upon hours of chart time... after awhile you develop a sense for it. If you don't then run far, far away.
How do forex traders predict price?
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pip_seeker replied Jun 16, 2012I would say this to be true of myself and the biggest reason for it is size of the range or move or whatever term you want to put there. You could say timing plays a role, because if the position is swap negative there's an even bigger reason to cut ...
1:1 Risk Reward Ratio - Why it just makes sense
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pip_seeker replied Jun 16, 2012I'll give you that... risk certainly plays a role for sure. But if you're not making money what are you doing? According to you it was about missing moves... as you were the first to mention it. I've take the liberty below to refresh your memory.... ...
1:1 Risk Reward Ratio - Why it just makes sense
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pip_seeker replied Jun 16, 2012But yet their credability is ok with you and you don't see these problems as blatant? lol. Mr Black meet Mr Kettle. lol. You're kinda saying half truths because you list slippage as a cost but yet on the other hand you call a profit locked in? No ...
1:1 Risk Reward Ratio - Why it just makes sense
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pip_seeker replied Jun 16, 2012Pay extra overhead? I guess you're referring to spread? I could write a novel on spread costs and it's really pointless to go into such conversations because you are talking about a specific cost to something that fluctuates. Unless you are paying ...
1:1 Risk Reward Ratio - Why it just makes sense
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pip_seeker replied Jun 16, 2012none of the above for me. I guess I would have to say it's more for the challenge, but if I wasn't profitable by this point I would have given it up... I've been trading FX for nearly 10 yrs now. Certainly I am not rich and I've never approached FX ...
At What Point Do You Give Up On Forex
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pip_seeker replied Jun 16, 2012I think what MAC_Doug is getting at is that the market it not just straight up or straight down. If you "let profits run" there are many instances where you could close the profit at 1:1 and re-enter multiple times off the same wave. It's a ...
1:1 Risk Reward Ratio - Why it just makes sense
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pip_seeker replied Jun 15, 2012Yeah I hear ya MAC-Doug, Take what Mr. Market gives and be happy with it.... tomorrow is another day. Once you've put the 10,000 plus hours in if you don't have your system by then you probably will never have one.... and when I say 10,000 hours I ...
1:1 Risk Reward Ratio - Why it just makes sense
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Greek Election: Close or Open?
Started Jun 15, 2012|Trading Discussion|3 replies
Are you in a trade(s) or sitting on the side lines?
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pip_seeker replied Jun 15, 2012Yeah ok, and yes the leverage offered by your broker does have a little to do with risk in some ways IMHO... it greatly depends on how much trading capital you have in the account vs the lot size you are trading. If you have $5000 and 400:1 leverage ...
The 8 most dangerous mistakes of forex