To control greed in trading, establish and stick to a well-defined trading plan with clear entry and exit rules, and set profit targets to avoid overextending. Implement strict risk management practices, such as setting stop-loss orders and limiting ...

How do you control your greed - practically

If many traders follow same idea this would make sense, because patterns in community attention to something creates patterns in price thus justifying price action analysis

Price is everything

I often listen to instrumental or relaxing music to maintain focus and calm during trading sessions. This approach helps me stay relaxed, reduce stress, and make more thoughtful decisions in a fast-paced market environment.

What kind of music you hear while you trade?

Can't you use VPN or something like that? As far as I know ISP doesn't see which site you request if you use VPN

HotForex Discussion

I completely resonate with the idea in the message above. Success in trading indeed requires a high level of discipline, which often transforms into a broader lifestyle habit. From my experience, this discipline impacts not only how I approach the ...

Should I quit trading forex?

They describe their execution policy in ToS. Most of the time I see something like, sometimes we may act as execution venue for your orders, sometimes route them to other counterparty.

Best Unregulated Broker for USA Clients

Why do you use it is better than candlesticks? What are its strength?

Renko Trading Discussion

Is it a kind of pattern recognition algorithm or smth?

Cycle measurement: the easy way

Do you mean markets became more rigged or what? Centralized is good but has many drawbacks, like manipulations

What happens inside of a brokerage firm/Exchange

Achieving a 20% return per month in trading is possible but highly challenging and risky. Maitaning such performance is really hard, probably I had 3-4 months in a row but not more. Such high returns typically involve significant leverage and ...

20% per month. Is this possible?

What it acceptable rate of return in your view? Is 20-30% a month like offered by some PAMM or copy trading services ok?

Looking for some Rookie traders who want to learn

I identify levels where I may cancel my forecast, so I would rather adjust lot size to those levels rather than targets to the money I'm willing to lose/earn. Prefer to utilize charts in full

The best idea for stoploss?

I would also suggest to check HFM, Exness and IB maybe you will find something suitable

Broker GMT+2

10% monthly without losing periods is unrealistic. No strategy in the world can deliver such performance. Same odds if you buy a lottery ticket lol

20% per month. Is this possible?

Based on my current personal experience, HFM is the best broker. They offer fast and hassle-free withdrawals (usually processed same day), competitive spreads with high ECN liquidity, and an easy-to-use online back office for managing multiple ...

Best Broker?

How do you explain why markets should follow your pattern, where predicting power comes from. If it's too complicated, not many traders can rediscover and follow it, creating self-reinforcing loop that explains predictability. That's why I'm not a ...

Guppy re-invented

Looks like it's about money management rather than improving accuracy of signals. I don't think you can improve results simply by "shifting weights", like RR 2:1 isn't better than 1:2, total result will be same, only win rate and profit per trade ...

Forex R-Multiple & Win/Loss Correlation Table

In my opinion trendlines work because lots of traders pay attention to them, including algos. This basically creates (not every time) a quite persistent market anomaly, basically a self-fulfilling prophecy

Why do trendlines work?

Bro just don't trade during news releases or use very small margin and high risk reward like 1:20. There will be sudden movement if you lose you los not too much but if correct prediction then you reap profits. Separate account is needed

I lost everything! 😭

Forex trading can be a negative-sum game for many due to transaction costs, such as spreads and commissions, which reduce overall profitability. If you don't have clear edge, i.e. which bread you take, you will likely lose

Forex - A negative sum game for losers