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- YoMoney replied Dec 1, 2023
That depends on where the target is set. If it's 10 pips then it's 10 pips profit or loss for a 1:1 ratio. All it needs is trailing stop with it. The other test is for no TP, just trailing stop. You let it run untill it get's stopped out. Can try ...
The Myth of Averaging
- YoMoney replied Nov 27, 2023
Yoriz. Could you do a test with just one position 1:1 TP/SL RR ratio but with a trailing stop. And then another test with no TP, but only SL trailing stop?
The Myth of Averaging
- YoMoney replied Nov 27, 2023
I'm sorry but trading costs are the main reason wha this is a negative sum game. This whole industry wouldn't exist without that. And don't compare shops to trading. Two diffent worlds. We are actually not even trading, we' are betting on the future ...
Forex - A negative sum game for losers
- YoMoney replied Oct 30, 2023
And that starting point is negative. If spread is 1 pip, that means that the moment you enter the market you are not zero but 1 pip under water. So now there's 50% chance that that market will move up 1 pip which makes you flat or 1 pip against you, ...
Forex - A negative sum game for losers
- YoMoney replied Oct 28, 2023
It's sad but I came to the same conclusion that we're are dealing with negative sum game. I wisht it would be "zero" but it's not due to the trading costs. You think you're scalping the market but it's the brokers who're actually scalping you, ...
Forex - A negative sum game for losers
- YoMoney replied Sep 25, 2023
You're are not the onyl one, it seems everybody just prefers scapiong, but it's really the brokers who are scalping you
Why do people entitle scalping as invalid trading approach?
- YoMoney replied Sep 25, 2023
I don't see scalping something that is based on timefrme. For me, if you use a take profit target (or manually cloing your positions), you're a scalper, no matter what time frame you trade on.
Why do people entitle scalping as invalid trading approach?
- YoMoney replied Sep 25, 2023
I agree. Trend following is the only thing that works it seems. And pretty much nobody likes it. Mentaly too hard to handle due to longer time frames and low winrate. But this it's usually where the money is.
Why do people entitle scalping as invalid trading approach?
- YoMoney replied Sep 21, 2023
You know when they say that you should never trade without a stop loss? They're right, but I would also add that you should never trade with a take profit! Why you wan't to limit your profit? Makes no sence. Use trailing stop and let it run.
1:1 Risk/Reward Frowned Upon?
- YoMoney replied Sep 21, 2023
And that is the problem, finding that edge
Proof That Forex is Random videoA lof of traders think they have it, but they don't.
- YoMoney replied Sep 21, 2023
I would agree with this. News like "non farm payroll" or "core inflation rates" can really move the market and this is something that you need. Then all you need is to come up with a smart trade idea and it should work. Personally, it's something I ...
Forex - A negative sum game for losers
- Posts by Member Search: 'YoMoney'