If all the retail forex accounts funds are added up at the beginning of any period and added up at the end of any period. The total amount of funds will be down by the amount of the transaction cost for the period. Over time this aggregate retail ...

Are trading costs the main reason of losses in trading?

What is the time period ? On a track record of 1 day any one can show a profit 3 years, no one In between, you have the thousands of posts in Forex Factory to guide you and all these wonderdul forex brokers to try, training and coaching and signals ...

Who are the top best Forex traders in world??

There is no software that can't be hacked.

The risk of buying locked and protected EA

Why go through that trouble and be the target of complaints and bad reviews from customers.? There is no need to do it and no need to play games with client's market position. Your average retail forex account becomes the broker's profit about 3 ...

Do you believe brokers hunt your stoploss

I wanted to say: It has been a privilege to chat with a "real Retail Forex Trader" such as yourself. .

Are trading costs the main reason of losses in trading?

It's not a waste of time. I get a chance to chat with people like you.

Are trading costs the main reason of losses in trading?

Actually, I do understand. First of all, it's not a business. Granted, it's a business for the broker. For the Retail forex trader though, it's glorified gambling. He can pretend he is running a business. I don't have a problem with that. But I ...

Are trading costs the main reason of losses in trading?

It took me a while to understand that the map is not the territory

The word DISCIPLINE is overused

Like I said, they try to get away with shenanigans within regulations. It makes sense, it's good business. Why should they not maximize their profit as much as possible ? Of course a non regulation broker is a lot lot worse.

Are trading costs the main reason of losses in trading?

I don't make assumptions that may turn out to be incorrect.

The word DISCIPLINE is overused

No, that is a fact. The swap rate setting is at the broker's discretion they can even do it per trader. If you think your broker does not scheme (within the rules / law) to get as much money as possible from customer funds you are a bit too ...

Are trading costs the main reason of losses in trading?

I am pretty sure now that you are not winning overall and certainly not making a living from retail forex trading as your only source of income.

The word DISCIPLINE is overused

Your average broker will pad the swap to such a level that the rate is extremely small on positive swaps and obcenely huge on negative swaps. I agree, this is a hidden cost to be aware of, that and the fact that it pushes traders to close their ...

Are trading costs the main reason of losses in trading?

Then all is fine in the most perfect world ...

The word DISCIPLINE is overused

It's random to the extend that over time the same type of news in the past provides no clue about the direction in the future. The market can very well go in the expected direction, or it can go the opposite way. Same type of news; different outcome ...

The word DISCIPLINE is overused

I am not saying you should not be paying for the "privilege", I am saying that the broker will screw you on the rate. "price gouging" on the swap rate they offer their customer is common practice. Would you go to the local loan shark to borrow money ...

Are trading costs the main reason of losses in trading?