A month too early? August still 30 days away?!? Good luck to your trading, just attach a TE for easy following!

The 10K to 100K Journey

I meant in general . Slippage can break a strategy. Had one, breakout, sound on backrest for 6+ month forward too...1.5x reward, 10SL, 15 TP...simple bled cash slowly as the pending entries were 80% of the time had slippage against me, 2-3 pips ...

Are you afraid of slippage when choosing a broker?

tight stops help nothing if they are slipped due a sudden move, news or not 20-50 pips... i had some 30 pips slip on some stop orders, and yes, they also exist on take profit, if the broker is fair.

Are you afraid of slippage when choosing a broker?

that 50%+ drawdown does look alarmingly high.

Quantum portfolio builder

June ends... i am happy with the result, as the attachment shows it is the 3rd very consistent month return wise. drawdown was throughout the month under control, myfxbook shows a 2.26% as high, i kind a recall seeing maybe as much as 3.5%... left ...

My way to highway

Trading is one of those "games" where you can be right in general terms, but still lose everything on wrong timing, even by minutes, or unlucky money management. Capital preservations is imminent priority. Recall a week prior you were equity-wise ...

Turning $800 into $1 million in 1 year

the position trade on EJ closed, there is always a debate in me as too early, but it was opened a little too early to start with, and it did miss an adding opportunity pending order by few pips, so, take what is given, and move on to the next one. ...

My way to highway

picking up "pennies"...scalping can compliment the result, and help to pass time waiting for the position trades to do their move. they are little slower at it, but expected to carry them over to tomorrow, and seems that is to happen. positive swap, ...

My way to highway

for position trades I am short on EJ and UCad today. right now it looks like both overnight positions, but changes can come quickly. this week is definitely weak jpy and usd, but i strongly believe if not before than by next week there should be a ...

My way to highway

Agree with first sentence, fully. One most definitely doesn't need to have a million dollar account to make good money from trading. And disagree with second statement partly, as on the other hand I believe that lots of new traders fail for being ...

How to Get Rich with Forex?

OK, correct. But add that stop out is at 50%!! 470 margin used, 50%= 235....the 210$ is about OK with some slippage....

Turning $800 into $1 million in 1 year

Not sure what fxopen's current rule is, but that is about less than 5% of your balance what is left... At that point with very low equity, between fully paralyzed unable to open new trades, the midnight widening spread, the triple swap...I think you ...

Turning $800 into $1 million in 1 year

this ugly "scalping" trade still saved the day. hard to believe, but after being a sucker to start to sell EJ too early for position trade, on top scaling in tight... managed to repeat almost the same on this GU scalping too. ( of course lessen ...

My way to highway

"Ever tried. Ever failed. No matter. Try Again. Fail again. Fail better."

Turning $800 into $1 million in 1 year

since he uses progressive lots, average pip count is irrelevant. to give an example: GBP/JPY Buy 144.07145.160.3282:1 4.6% $310 109 GBP/JPY Sell 143.64145.180.0615:1 -1.2% -$83 -154 what is the average pip count? ( hint: -22.5 pip) is he making ...

Turning $800 into $1 million in 1 year

i was hoping that around 1600$ equity you close all and reset both the trading and your mind for another round, while still ahead it is easier to do so. it is always entertaining to watch, and it is heroic to come back from a huge drawdown, but end ...

Turning $800 into $1 million in 1 year

unique? i think journal section has plenty similar projects, all it matters how far you want to look back, probably there is 100+. the unique would be a 100k to 1 million journey! on real account, with a better known broker. now, i am sure many ...

30$ to 6 milions in 1 year and 6 months.

both needs clients obviously, to start with. a signal provider earns his profit based on past performance, ie. shows some good equity curve, and get ppl subscribe, make money upfront. a PAMM manager makes money based on performance, a %age of fee, ...

Who makes more money? PAMM Manager vs Signal Provider

A few note to self... Due some recently added fund, still getting familiar with the larger account, and in turn with the larger numbers of drawdowns too. Best to continue the same way as prior, and concentrate more on the drawdown as %age, vs. $$$ ...

My way to highway

apart from wishing the customary good luck, i have a question. dont you feel that instead of starting from 60$, and scalping/working a month to get another 60$ as month target, starting from 120$ ( month#2 equity) would be the cheapest month to buy ...

30$ to 6 milions in 1 year and 6 months.