I normally use 2% risk per trade or 20 pips 1% = 10 Pips

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Banks and Big players knows all the tricks & strategies used by retail traders. That's why they deploy methods to take out retail traders by taking reverse positions

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20 Pips per Day target 2% Risk per trade 1% = 10 Pips Stop Loss per day = 20 Pips or 2% image

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Patience is the key. But i'd say over 90% loose money from short to medium term.. Here's the list of brokers with %age of clients with -ve account growth image

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Hey Stan, this comment of yours back in 2009 really got me (I can't control my laughter)... Those were good days 2009,10,11 just after 2008 crash... It triggers the memories of good old times.. Lot of things have ...

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During the 2020-21 period, lot of things have changed. Lot of people have lost their jobs and lot of them have to work from home. Because of this a whole new range of people have started trading. Over this period some brokers have registered an ...

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Kudos to you for achieving that sort of win rate. Although its quite rate for any strategy or system with that kind of success rate but not impossible...

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Its really surprising to see very Low or No engagement from traders in NZ on this thread. Come on guys, where are all of you? On Vacation?

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Well its too late now.. Brokers already have thought of that and they have build their entire business model around it. Which is why they (Most B-Book Brokers) always take the other side of the trades of most unsophisticated retail traders image ...

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Lot of members earlier have used the word "Impossible" in earlier threads But the word (IMPOSSIBLE) itself says "I M POSSIBLE" image

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You can also use the Position Size Calculator available on countless FX websites to determine all of these In this example, I am using one which is available on BabyPips image This calculator also takes into account the currency pair you're about ...

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I recommend using this time zone converter available on Babypips. Once you select your time zone, you can drag the clock/timer backward & forward to determine the best time to trade in your local time zone. Usually traders prefers to trade when ...

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Finding someone to guide through the process at early stages can help. Joining local meetups in your area is another great way to collaborate with others and stay motivated. image Happy Trading..

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I personally believe that the High Leverage for someone who trading consistently and full time is not necessary. Leverage of 20:1 or Max upto 50:1 is more than necessary as you can see in the chart below image High leverage with no risk management ...

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We have to wait till next Bitcoin Halving cycle but overall given the inflation is at ALL TIME High. It does look like it will bounce back.. Fingers crossed

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Well that's exactly what i used to believe until I learned that that's NOT the case with over 95% of the brokers. Here's the link to the video video I hope this will answers your question(s) Cheers

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Not to mention they also buy tons of junk EAs which doesn't work and use it on brokers with high slippage and bad execution.. To be honest its quite painful to watch all of this since its quite difficult to discern the good stuff from SCAMS at early ...

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Judging by your knowledge, I can see that you must have put a lot of time in researching FX brokers (Like I did) and their backend business model (A Book Vs B Book). The only other broker I have come across and also being available in US is ...

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Judging by your knowledge, I can see that you must have put a lot of time in researching FX brokers (Like I did) and their backend business model (A Book Vs B Book). The only other broker I have come across and also being available in US is ...

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Extracted posts — If anyone is looking for TMS Monitor v1.1 (Nov 2021 uses TDI) they can follow the links below (Instructions) url (Files Download) url Huge Credit to @emmanuel7788 for putting all this information together It ...

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