Are you mlawson71? I see aD- asked the question to 71!

Is demo a step before real trading?

Actually consistency is the key! If you are able to make regularly even 5 pips only; that would be enough! Nothing is impossible here.

10 pips a day can make you rich quickly

Yes, it’s a good trading system; I am also interested to observe the daily result of it!

is it true

Maybe he has enough trading equity already!

How did you find success?

You are right! Forex is not way of making huge amount of money in a short period of time! Yes, all of pro traders are earning enough profits here, but they have built their trading skill first.

How did you find success?

I mainly count 23, 50 & 61 levels of fibo; whatever the time frame it is.

Fibonacci setup plotting

What’s the usefulness of this particular app?

Why 99% of traders lose money

I completely agree with your opinion! Chart is much important than the technical tool! This is way, I focus on the Price Action trading strategy, it’s my key.

is it true

I gauss; his trading strategy produces 68% accuracy (means 68 wining trades around the 100).

5% risk per trade?

Yes, it’s not easy to make regular money by martingale; I used most 20+ strategies in my early stage but now I am trading only with the PA system.

Looking for profitable EA, 2k per day from 40k

Exactly, but most of the new traders miss this point! They try to make automatic money by using a trading EA, trading is not such a simple job at all.

What is the best EA in here?

If you try to make money by following this kind of way, then I am very sure you are going to lose your full trading capital! Success is not easy process here! Learn Forex and make your trading skill first.

Looking for profitable EA, 2k per day from 40k

Then try GBP/JPY, it’s much faster than the USDJPY.

Why is EURUSD better than the other pairs?

Yes, I agree with you! Learning is a long time process! Generally, it’s not possible to make a good trading skill by using 2-3 months demo! But, a number of new traders try to learn too early!

A newbie in search of Support

I really agree with your opinion! There is no shortcut way of earning! On the other, scammers mainly sell their trading EA’s with a tagline like 100% profit guarantee!

What is the best EA in here?

Of course, candlestick is much powerful technical tool than any default & custom indictor! In my live trading, I also depend on my trading chart for making the accurate technical analysis!

What Is Best Indicator For Getting OUT of Trade?

Hello Faisal; this thread is about the risk issue on trading not broker related thread!

What risk per trade should it go with?

You are absolutely right! No one can success here with an unrealistic plan! I see, pro traders are trading with a decent monthly target like 5-8% when gamblers are trying to make 100% even more monthly return!

How to Become Emotionless

I am also curious to know more about H8! No idea about this time frame since I’m also using the Mt4.

which time frames to use

Good point; but I got good result as a swing trader! By the way, I used this feature of trading after my demo.

Does backtesting work?