Thank Greta. Now a mere 50% rise from here is almost 3000.

Palladium trading

Alot of hybrid cars on the market still. Palladium has a long way to go I think.

Palladium trading

Target hit

WTI Crude Oil Trading

Sounds pretty great to me. I only started making money when I priced in risk. I price in for the entire trading range. I can hold many trades almost infinitely because I know exactly how much drawdown I can afford. The positions themselves become ...

Trading Truths

I entered long. 55.5 seems a safe target to me.

WTI Crude Oil Trading

Sounds like fun. Just my additional 2c. This url is your best friend. I know the drawdown to the dollar at my next entry. Never used a stop loss. I might only average 4% a month. But its fun and almost stress free trading.

Successful traders are very, very rare to find

Ppl still use stop losses these days? Perhaps try lower your leverage. Price in risk before the trade. If on small capital use a nano account.

Successful traders are very, very rare to find

Gold seems very close the the same level just before the bull run of 2011.

General Trading Chat / Ideas

Hi Solo and Prince, sure thing. its a counter trend strategy based on how far price moves away from the MA. Usually use a long MA period eg 1200 or 1500 and a 5M chart for more signals. When it detects (X) amount away, it makes a trade (or trades) ...

1% to 3% Per Day? All things are Possible

After many years, i'm doing 0.16% per day consistent, fully automated, never have to adjust or look at it. It's not get rich quick but I'm happy with it.

1% to 3% Per Day? All things are Possible

Find out who said it, find out if they are rich. Most likely not. There are too many unknown variables. But if it's completely random entries. Go the 1:1. at least the law of large numbers will keep you at 50%.

On Take Profit

In regards to the EUR/USD specifically? Non farm payrolls, and sometimes jobs data and ECB announcements may turn your good trade into a bad one very quickly, keep an eye on the economic calendar. If you can scalp them, good for you. I get a few ...

Specialize in only one market

You have OPEN, HIGH, LOW, CLOSE and Volume. Everything else is derivative. Some just move more than others. Focus on being an expert at "Trading". Even the best Macro traders rarely achieve "expert" status. If you trade the EUR/USD, you are already ...

Specialize in only one market

I heard Chuck Norris opened one scalp trade and took every pip.

Who makes real money from forex?

I have not yet learned how to code an EA in C#

What you still haven't learned

Yes, you need forward tests. Then One year of live tests Minimum. If it really is that good. It seems you would make far more managing others money. Use it for your self. And approach someone like fundseeder.com. Start your own hedge fund. That's ...

I have coded a profitable EA, now what?

Of course there are. I have 2 EAs one which does consistently over 80% and one that does 100% never loses. The one that never loses only trades a few times a year, with a tight take profit (not much return and its a long time to run a vps just for a ...

Accurate above 80%?

Thanks smartfx, it seems a good hobby. I've added a second MA. Stop loss. And one order at a time as above. Heres the results of 4 yrs, 1 min timeframe. 99.9% tick quality. No Stop Loss. Many trades. No losses but high equity drawdown. image One ...

3ma exhaustion EA

Go with Pepperstone. Been with them one year now. Never had any problem.

cTrader Broker: Pepperstone vs. FxPro vs. RoboForex (not really)