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Absolutely, discipline is a key factor in trading success. Maintaining a disciplined approach helps traders stick to their strategies, ...
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Indeed, when we firstly step on the market, we make mistakes, and then, when we analyze them, we jump to the conclusion that we need to do ...
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I'm fulltime trader for 10 years and the rule is backtest before use any strategic every time, this is my rule
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Losing in trading, especially for beginners, often stems from a few common mistakes. One of the significant factors is emotional ...
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Why do you think it's because of the spread? Did you try demo trading first or paper trading while ignoring the spread?
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Backtests are based on historical data and assumptions, which may not accurately reflect future market conditions. They can't account for ...
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2023-10-01 to 2023-10-31 Equity: {image} Balance: {image} From the beginning of 2023 Equity: {image} Balance: {image} Final Equity: ?13 ...
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hi, i know its an old post but any chance you can share the updated version source code in mq5?
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Guys besides not over-leveraging, I would really recommend you guys changing your diet and have a good sleeping scedule. You will-power is ...
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Setting intermediate goals is crucial!
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Looking for someone to program a fairly simple trendline indicator for me. I have exact parameters and a decent drawing to make it easy. ...
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Started Sep 22, 2023
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absolutely: YES If you want to make money from this market, you need to know all the basics of forex perfectly and practice a lot
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Useless EA, don't waste your time.
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You'll need to manually enter the specific lot size you want to close for Trade 2, using the "Close By" feature or equivalent option, ...
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yes. You are correct
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I just used the same words as vice versa. Meaning pyramiding or stacking. I have to impress first that this method works best if your tp is ...
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Hi WannabeLedge, I dare to argue against that. I know it is possible to get outsized returns out of trading FX, indices, etc. because I ...
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You've got it right! If you're short on both EUR/USD and USD/CHF, the negative correlation still applies. Just like when you were long on ...
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Hello will trendline trade ea work on liquidity lines
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@costos what venue do you use to trade Forex options?
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a prudent result for consistency is 3% a month. i know its low, but that is the minimum one should aim for. And once you've done that, 3% a ...
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To ensure it covers "95%" of the prices, you would need to visually inspect the chart to see if the EMAs encompass the majority of the ...
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Risk comes in hand with returns, for example money has zero risk but offer zero return as well.
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When you get a series of losses or wins this may support or discourage your belief in your trading system. However you can't be sure that ...
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Dont. Unless it's required for a job. 1. Study risk mgt 2. Find a model that you csn focus on. Ex. Wycoff spring, support and resistance, ...
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I put together a trading system based on known forex trading strategies and tested it on a demo account for 6 months before I started ...
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1. Risk more than 50% per trade. 2. Building on rule 1, have no stop loss (could give you negative account balance and margin call) I can ...
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They are not out to get you. We are just too greedy sometimes. To minimise stop hunts, you can always enter solely on the retest. Price ...
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I met a such one. Can't say that we were best friends but we talked to each other a lot even about something aside from trading. Actually ...
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besides holidays when new quarter begins ,market tends to whipsaw too much to trap the traders on both side before resuming the trend
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What page you are looking for? Forex calendar with news? You can find it here {url},or here {url} Green is better than expected, Red is ...
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In most of my previous trades, I tried to keep the pips gap around 50 pips for the best profits and it worked in most cases.
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There's nothing to add here.
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A while back I completed a forex Udemy course, where the instructor promoted a system of taking a trade in the trend direction with fixed ...
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Sometimes I felt very depressed because of losses, but over time I came to understanding that they are inevitable on the initial stage. ...
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I need Money Management Calculator for Gold?
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Theres a little information in web. I was looking for curiosity, but I didn't find anyting interesting. Can u tell us more? Sure. There's ...
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Yeah, I am curious too
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Just sucks. FF is paid to promote misinformation. I just had a broker FX course on how they pay Forex sites to spread incorrect info in ...
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