That's something you need to avoid, for scalping. A genuine broker has no problem with your scalping the market, because it doesn't cost them anything; but if you try to use a counterparty market-maker, you'll be scalping them, not the market. How ...

Brokers and slippages

That's a comparison based on passive investment, I think, though? Perhaps not so much on active trading. For an investor, a 20% annual return is brilliant, especially these days, with interest-rates as they are, internationally. I would think most ...

So what is your Return on Equity monthly or annual targets?

Regarding speculative trading, perhaps, yes: they're already doing so to a very significant extent, aren't they? Sites like Investopedia and Wikipedia state factually (and I have absolutely no reason to doubt them), that about 80-85% of forex ...

How does algo trading affect manual traders?

Yes ... my mother's cat does (he's not very good, though, unfortunately - usually falls asleep with open trades, too: there's always a catch).

Who trades without a chart?

(I'm guessing you intended to say "doesn't provide much more success than indicators"? And replying on that basis ...) I strongly suspect the evidence is against you, there, actually. This is one of those "forex issues" on which there are two very ...

How To Trade With a Naked Chart

Yes - I agree with you. (I do find levels of support and resistance useful for following the market, though. I do much better without everything else you're saying didn't work for you.)

How To Trade With a Naked Chart

I don't use what I call "indicators", at all, but I do draw horizontal lines representing my impression of recent support and resistance, and I wouldn't want to trade without them. They're "indicative of my perception of recent support and ...

How To Trade With a Naked Chart

Every time I try to explain anything in a thread, I eventually discover that you've already said it somewhere else, but more succinctly and more clearly than I have! I'm starting to think that I shouldn't post here, myself, but instead should just ...

High hit rate vs big R:R - Which one do you prefer and why?

Not "obvious" at all; maybe not even true. Quite likely not to be true, actually: authors like Van K Tharp (Trade Your Way to Financial Freedom) and others take quite a bit of space in their books to explain why systems with win-rates around 35-45% ...

What should be the ideal win rate of a successful EA?

I'm kind of the opposite: I prefer to do a larger number of smaller trades, to spread the risk and maximise the probability of my edge being exerted with a smoother equity-curve. (I've always looked at trading in terms of risk management rather than ...

How often do u trade?

I completely agree with Jens. 4-5 pips of slippage on 0.01 lots is truly horrible: I wouldn't be able to trade that way at all (and Pepperstone wouldn't be able to keep their customers, either, if that were typical!). I really think you need a ...

Slippage and lot size

Well done - I found the same, with all but one of my systems, when I back-tested methodically over statistically significant numbers of trades. (Curiously, there was one minor system, I must admit, for which the trailing stop did actually prove ...

Honing a strategy

I know it's only October, but I hope you won't mind my mentioning that this comment might well end up being in the running for the forum's "Understatement of the year" award for 2015.

Hippiedog's Keep it Stupid Simple

I completely take your point about "what's wrong with it" (a common problem, of course, with these things and the way they're presented) and you're right to say so, too; but you seem in the statement just above to be confusing "brokers" with ...

Scalping-pro - the next Holy Grail?!

This. I seem to be noticing this analogy more often, recently. (I've even stolen and used it myself, once or twice, in this forum, I think.) The more I think about it, the better an analogy I think it is. The "economic reality comparisons" really ...

High hit rate vs big R:R - Which one do you prefer and why?

Hi Moti - I hear you. We've all "been there", sometimes. I used to get that all the time (it felt like), when I tried using automated trailing stops. Which was a great shame, because they sound so attractive and good, in theory! It means that on ...

What is the best method to define Stop Loss?

Systems with higher win-rates tend to have significantly smaller overall edges and profit factors than systems with lower win-rates, and there are reasons for that. For beginning traders, of course, higher win-rate methods can still be very ...

High hit rate vs big R:R - Which one do you prefer and why?

That's going to cut the field down dramatically, I think? The "net profitable expectation" systems I've seen, and use, tend not to have 1:1 R/R ratios, and of course there are reasons for that. Just to clarify, you're interested in discussing only ...

Examples of Systems with an Edge

How can you recommend position-sizing without knowing the OP's win-rate, profit factor, degree of risk-aversion, and various other factors entirely unspecified in the question asked?! In any case, he's surely asking about stop-loss ...

What is the best method to define Stop Loss?

Ok, thanks ... I see what you mean. That sounds at first like a really wide variance, but that isn't necessarily a bad thing, anyway. (I trade only intraday, and my trades can be open for anything from 5 minutes to 5 hours; what you're talking about ...

Have been chasing trends for 14 months - Some thoughts