It’s not gambling, they are advanced strategies in fact. Most of them use martingles or grid trading systems. They have great potential, but any seasoned trader knows they will blow the account eventually. This is why it’s important to withdraw ...

Why did the strategy margin call?

Quote: Oil sold down to 94 at least.. Stop 103.3.. This is very risky.. It’s like pissing against the wind just one news item, or a bomb in that canal can ruin everything. I’m still looking only for long positions

Gold with No Drama

Yeap.... The "trying hard doesn't matter" part is what takes yrs to accept for many traders I guess... We have this misconception, at schools we are taught: you effort = results. WHine in reality trading teaches you: effort just means you tried, ...

I plan to quit forex!

Interesting to visit these old threads to see how markets have changed in 15 years. If at this time period 4% looked unreal, now it will be even more unreal. I give up on trading forex because of this. Majors simply don’t move enough to benefit from ...

What percentage profit per day IS possible?

You can’t get rid of slippages. They will always be here, and it’s totally normal. This is live trading environments, it’s not simulation. And don’t think that if you change the broker the slippages will magically disappear. In fact, the bigger the ...

how to solve slippage problem

Good question. For me, like for many others actually, MA+RSI is a solid combo. Indicators like 50/ 200 EMA help you see your trend fast. If price is above them, bias is usually bullish, and below them - bearish. Simple, no overthinking. RSI helps ...

Your forex best indicator

You have mixed different assets and their dynamics here.... ES/SPY are lighly liquid, therefore there is no issue in finding intraday opportunities there. For scalping they are really good. For inteday patern breakouts , for siwng trading , ...

Trading big instruments ES/SPY like small caps or penny stocks

I don’t know the exact statistics, but it sounds right. Maybe even more, like 95% of traders lose money unfortunately. Mostly it’s related to trading psychology, which most traders neglect and don’t even bother about it. How many traders are out ...

90% of traders lose money! True or False?