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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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