It's the cost for acquiring new customers (marketing + admin, etc ... ) Traders will leave, because they will lose money. It's essential to replace "the fallen with new blood". A forex broker can only survive if 1) they get new accounts and 2) ...

OANDA Discussion

It's just not OANDA playing this trick. It's getting more difficult and more expensive for forex brokers to sign up new accounts. They have to be more "creative" to get more revenue from their existing client base.

OANDA Discussion

Oanda and all retail forex brokers will pad the swap to an obscene level. The usual scam is to advertise a low spread / commission, then they gouge on the swap. Any retail forex broker worth his sleaze will make sure to pay customers as little as ...

OANDA Discussion

Currently the best thread on FF for studying the life cycle of a trading system: url

has anyone EVER seen a successful trader/trading system?

This is not the way to look at it. In reality quite the extreme opposite. Rather than explain I will go to the core issue: If somehow you think you should try retail forex, do not, absolutely do not, never ever give any money to any "successful ...

Why do 95% of traders lose?

"Krotas (sic) makes an average of 30 pips daily and claims he still does like many others " I can safely assume this is a lie until proven otherwise.

has anyone EVER seen a successful trader/trading system?

Sorry to disappoint but using swing volume (or volume in any shape or fashion) does not help at all.

Looking for Weis Wave indicator MT4

Of course it can be done ... for a while. industry wide, after 5 years the success rate is zero percent! unless during that time some sort of commercial plan to rip off wannabe retail forex millionaires has been implemented while the going is good. ...

has anyone EVER seen a successful trader/trading system?

"Every business that survives has to diversify " Not true for all businesses But I agree that a trader must diversify out of retail forex or he/she will not succeed. It's a fact that retail forex like any casino (gambling) game can be addictive and ...

has anyone EVER seen a successful trader/trading system?

Yes tried it. Except it's using limit orders to scale. Stop orders are not a good idea! Based on random entries. Assuming the market is random, how to keep the random walk on the positive ? Here is 20 years, 1H TF on the pound , yen and euro, same ...

Scaling up in both sides Grid EA?

"W D. Gann was a phony who made money selling courses" True about Gann... Now there is certainly a valid approach to his method .. When the trader applying the Gann method has lost again numerous times and his/her account is about to be wiped out ...

W D. Gann was a phony who made money selling courses

True about Gann and all trading "legends" in general. This is not a negative comment. You can actually get a lot more out of the work of the "trading legends" if you understand the origin of that particular myth that developed from a particular ...

Time and Price Forecasting

I was going to write a longer post giving all the facts and solid reasons, but I will just skip the boring stuff and go directly to the conclusion. No one, absolutely no one is making money in retail forex as a retail trader whose trading in retail ...

has anyone EVER seen a successful trader/trading system?

Does it confirm that it is much harder to become a successful trader than to be come a Nobel winner/a super star footballer/a famous singer/a CEO of Fortune 500? yes. it's just not much harder. No such individual exists or will ever exist There are ...

Is it easier to become a Nobel winner than a successful trader

The sisters Pareidolia and Apophenia will never let you win and they have never been defeated.

Why do 95% of traders lose?