| | | | Hello, Martingale systems require you to have a large account given the amount of trades you will need to support when things go wrong. If ... |
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| | | | Signal trading can be useful for beginners, but always verify performance. Look for MQL5 signals with 1+ year history, consistent profits, ... |
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| | | | Hi all try this its the 20 pip challenge im attaching the excel sheet. Note it's note something i recommend to do but i know a few people ... |
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| | | | is there anyone can convert this Gowithflow into mt5 version same as it ????? |
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| | | | Some broker even offer nano lots 0.001 lots that i 100 units witch means 1 cent per pip |
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| | | | Are you also risking 20-30% a day for that result? |
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| | | | Hello! The is `graal` {image} |
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| | | | Forex traders fail simply because of the manor this information is presented. There are many traders who start using just candlesticks to ... |
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| | | | Personal observation wise, the more liquid the trading pair is, the higher the probability of these pivot points will be respected. ... |
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| | | | I think even with 1:1 RR, the main game is all about managing and executing the win rate. |
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| | | | Check this video on youtube How to Master and Trade Supply and Demand - YouTube |
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| | | | You have to calculate your stopp loss with the spread of the pair you are trading |
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| | | | EFFECTIVE RISK MANAGEMENT Forex trading involves various types of risks that traders need to manage effectively to safeguard their ... |
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| | | | 4H TF sounds good. |
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| | | | How old is that comment, and it's still relevant, trade index, this is for you. {video} He is using a 10K live account to show how it can ... |
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| | | | I believe that if you are consistently in profit for a year then you can move to a standard account. |
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| | | | I'd recommend The Disciplined Trader by Mark Douglas. It gave me a whole new perspective on how important emotional control is in trading. ... |
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| | | | Ngl, win rate looks impressive, but let抯 be real?the avg win is $41 and the losses are just $1. Probably a heavily skewed risk-reward ... |
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| | | | It is because the basic concept is flawed, you will lose whether you buy or sell. Best illustrated by example: Consider a strategy that ... |
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| | | | Updated 14 December 2024 |
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| | | | I agree with you, MStudent. Having an edge does not mean having the perfect strategy, it means understanding the market and risks ... |
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| | | | Great job on your progress! Your discipline and results are impressive, but trading full lots is risky. Focus on consistency, refine risk ... |
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| | | | Hey! Your approach of confirming with 2-3 indicators is solid and helps reduce false signals. Using them together: Yes, they complement ... |
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| | | | There are more: Fiber for EURUSD, Loonie for USDCAD, Aussie for AUDUSD, Kiwi for NZDUSD and Swissie for USDCHF. I wonder what else  |
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| | | | Some reasonable sense of greed should accompany your trading journey because without that you will be unwilling to take risk. Of course it ... |
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| | | | Absolutely! Focus on your trading style, stay consistent, and keep improving. A positive mindset helps you stay disciplined and turn ... |
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| | | | Well, according to what I have learnt from my experience: Self-awareness: Knowing when to push and when to pause. Quiet confidence: ... |
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| | | | That is potentially possible if you have a winning strategy, alas trading in the markets can be volatile. Just when you think you're about ... |
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| | | | Dude, that抯 fantastic you抮e currently working on the Big Ben Strategy! A few suggestions that I have utilized successfully: The time ... |
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| | | | For fundamental and news analysis, start by following economic calendars to stay updated on key events. Look for major indicators like GDP, ... |
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| | | | Very important is the entry point for grid/martingale trading. If enter wrong, is a series of losing trades but the plus point is, IF can ... |
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| | | | This is the right answer. |
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| | | Started Oct 15, 2024 | Fellow traders, How many times have you been left scratching your head wondering what "R:R" even means?! It's time to put an end to this ... |
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| | | | Hi Ryan, thanks for these results. I am of the same opinion that over a sufficiently long period and with random entries, the RR does not ... |
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| | | Started Oct 4, 2024 | what would be a pip and tick and spread for china50? pip is 1 and tick is 1 ? or because there are no decimals then pip is 10 and tick is 1 ... |
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| | | | Make a journal and a play book, try to figure out which setups are best for you. Analyze each day from monthly to hourly choose: daily ... |
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| | | | Let me run these scenarios again on EurUsd. I'll post the results for each. The math for the 1:1 & 1:2 are easy, the tricky ones are the ... |
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| | | | Both buys & sells were used, often at same time. No way to trade a trend as those are unpredictable when they will start or end. |
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| | | Started Sep 9, 2024 | I have to say that among trading educators Kathy Lien ranks ahead of the pack and so does John Jagerson, Wayne Mcdonell, and Anton kreil. |
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| | | | Thanks for your advise. Thumbs up. |
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