That's exactly the reason. People always want proof, because of their own failures. They want a trading Jesus to follow like disciples rather than coming up with their own working strategy. True profitable traders don't care whether you believe them ...

List of top traders at Forex Factory that you know

Just to piggy back on what pretty much everyone else is saying, why do you care about accuracy? Do you want to be right or to make money? Accuracy is irrelevant to profit.

Accurate above 80%?

Definitely record trades. Every single one. This is not optional. I believe it is mandatory to long term success.

Do you record your trades?

That's a great return. Especially if you average that consistently. Now as for your original question, how about Laren Zephyr? Completely random, but sounded good to me.

Hedge Fund Name Suggestion

In other words, actually have a trading plan.

What Would You Do Differently Today for Better Trading Results?

I agree. I found that trading on higher time frames makes it much harder to over trade, simply because the opportunities are far less than lower time frames. I've always lost money when trying to trade on lower time frames.

The daily strategy - the different point of view

Although this does nothing to help your initial question, I'm just curious; what kind of annual returns do you produce?

Hedge Fund Name Suggestion

I do. It's my only source of income at this point. I recently quit my job and went full time.

Is anyone here earning a living, just with forex trading?

This is only partially true. Fibonnaci levels work simply because people believe they do. There are enough other traders out there trading based on them that they will work sometimes. Just like any other indicator. It's kind of a self-fulfilling ...

fibonacci levels - reaction and no reaction

Honestly, most "traders" lack discipline. So, why they tell themselves they can be profitable without it is beyond me. Discipline can be learned, but not by everyone. If you have never been able to discipline yourself to something in life, then you ...

Why do most traders think that they will become profitable?

Hmmm..that looks like a handy tool, what is that exactly? Does your broker provide that built in to the platform?

How high can you scale in FX?

No I don't really backtest much. If I am trying a new strategy, I manually scan the charts of a few different pairs to try and get an idea of if it makes sense to forward test it. I guess you can sort of call that backtesting, but I don't go through ...

How do you trust the historical back testing data

That's mainly the reason for me. If I don't succeed, I don't eat. It's necessity. I don't have my parents or come cushy job or substantial savings to fall back on. I play with my back against the wall. Being uncomfortable, that brings out the best ...

Why do most traders think that they will become profitable?

I agree. One something is always the best way to start. Either one pair or one strategy. You have to zoom in somewhere. Also, stay away from lower time frames IMO. Leave that for the scalpers.

5 years and still no strategy

IMO, you don't. Backtesting is mostly useless since what happened in the past has no bearing on future events and it most often leads to curve fitting. Forward testing makes more sense. That's just my opinion.

How do you trust the historical back testing data

This ^^^^. That is why you should draw them on the most obviously swing high and swing low points, because that's where most other traders will be drawing them.

fibonacci levels - reaction and no reaction

Hahahaha, yeah I forgot about some of the ridiculous systems that people follow on there. It may be more profitable to do the opposite of those systems, haha. Again, I did not create this thread to bash them, because the pip school school course is ...

Success of the Babypips bloggers

Yeah I definitely agree with that statement. The articles they write do have great application, but the variety of traders active in the community definitely seems to be more mature and vast on Forex factory. The Babypips forums seem to have a lot ...

Success of the Babypips bloggers