Considering the market as a whole (and I mean ALL financial markets, forex, stocks (less so!), futures, bonds etc ..) ALL entries are random from the market's perspective. It makes no difference to the market a a whole if entries are random or ...

50% win ratio, 1:1 sl tp, and random entries

That's exactly right. A safety valve is a must. Any Reversal to the Mean system is all fun and games until the ceiling explodes or the bottom falls out. The Pivot thread is a perfect example. And just not that particular method ...What the market ...

Can YOU make money as a trader?

Be it shallow or deep water, it's possible to swim for a while but all swimmers in the retail forex ocean eventually drown. "it's possible to swim for a while" is what the retail forex marketing machine in all its forms counts on to recruit new ...

Can YOU make money as a trader?

The inevitable has happened...

Can YOU make money as a trader?

You are comparing "apples to oranges" You cannot compare "new businesses" to retail forex trading. Retail forex trading is not a business You need to compare "apples to apples" For exemple, you can compare the game of roulette to retail forex ...

Can YOU make money as a trader?

I am confused now, no rebuke to the above post ? (: Come on brokers-and-scammers-and-wannabe-retail-forex-millionaires you are not going to defend your lunch ? I bet you can't (:

forex and all eas are a scam, stay away from forex

100 % true

forex and all eas are a scam, stay away from forex

To those seeking wealth in any field (including retail forex), the search for the "holy grail" is an obsession of those individuals who are the least likely to succeed. The "holy grail" is actually a symbol of self-deception and denial. It's a ...

Do you think the holy grail in trading exists?

IMO the whole industry (retail forex) is crooked, but it would't be so crooked if the players were not so deluded and gullible. It's a fascinating feedback mechanism sort of like a symbiosis (but not a win-win for both parties!). The industry is ...

Caveat Emptor

"Pivot strategy is very robust but if a trader doesn't adjust depending on price environment (Trend or Range) " Unfortunately, it's not possible to know the "price environment" in advance. Some retail forex traders like a Pivot Strategy because if ...

False Prophets