It's been almost 14 months now. Can you even make $1 a day yet? That should be the first goal...daily profit, then go from there. Good Luck.

Forex millionaire

Sure, but let's assume the OP trades ticks or 1M charts and loses all the time because the trades are not strong enough to cover the spread. That is the complaint, lol. He does not want to structure his business to fit the market. He wants the ...

Are trading costs the main reason of losses in trading?

I don't know your trading strategy, but if it is probability based, then you can try blacking out your candles and trading just by your indicators. Use the vertical line function on historical charts to place entries and exits, then put the candles ...

How many strategies do you employ in a single trading concept?

No.

LFX Trading Proverbs

Different brokers have different ways to charge. Most likely he is on a commission + spread pricing model, in which case you are charged at entry and again at exit. I trade with a variable spread, which means I am charged half the spread at entry ...

Are trading costs the main reason of losses in trading?

You are correct. It is a free market society. The topic is "Are trading costs the main reason of losses in trading?", not "how to analyze trading costs and how to select broker with low costs". Since broker fees and spreads are inherent to live ...

Are trading costs the main reason of losses in trading?

They call us "retail" traders because we do not pay wholesale prices. The spread is the markup from your broker for choosing to use their services. It is the cost of doing business. It is no different than operating a retail store and buying things ...

Are trading costs the main reason of losses in trading?

A lower time frame trend is a higher time frame range, so if you learn how to trade ranges, you can trade nearly any condition. Since a time frame is just a time frame, once you get good at it, you can effectively trade lower time frame ranges too, ...

How many strategies do you employ in a single trading concept?

There might be copyright issues with the audio portion and definitely issues with the video portion. I just did it for personal use to prepare me for seeing the trading signals, and to inspire me to make the money. I assume each video would be ...

LFX Trading Proverbs

It does not mean that YOU cannot make it work. A broken clock is still correct twice a day. If you have the mq4 file, then perhaps you can fix any mistakes. Having seen a lot of indicators and spent hours and hours trying to tweak them and fix them, ...

freescalperindicator & half trend indicator

Yes. If you can profit, and are happy with the results, and each time you look at your charts, your system makes complete sense, then you are finished. Just use it when the market is open. You graduated from designer to trader. If your goal is to be ...

What do you do when the market is closed?

As with any currency, the best time to trade it is when its government, banks, and trading markets are open for business. In the case of EURUSD, from the Frankfurt Open to the New York Close.

Ranging market trading time for EUR/USD

I know the indicator. It was pushed by Karl Dittman, an indicator and EA selling hack that used such things as promotional items to attempt to sell his other garbage. Every week or so he would release the next great thing and persuade people to buy ...

freescalperindicator & half trend indicator

For as much as possible, I remove myself from the decision-making process. I am only the button pusher. I have a developed entry and a developed exit. What happens in-between them is out of my control. Do I still get upset when the market fools me? ...

How do you learn to trust yourself in trading?

I used to do historical analysis and load new indicators and modify them for signal accuracy. Now, I watch movies, shop, do things, lol. After you study long enough and develop an edge, there is nothing trading-related to do when the markets are ...

What do you do when the market is closed?

video video

A Little Something To Motivate You

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A Little Something To Motivate You

Do you mean stock options or forex options? I started my trading career with stock options, but switched to Forex because it was cheaper, faster, less research, and FAR better compounding.

Options vs Forex

I just read a post about having a written trading plan, and sure, it is a good idea. It is especially good when you are designing or testing your system so you can compare your rules against reality and make modifications. Ideally, there will come a ...

LFX Trading Proverbs

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