5 pip profit target journal — Ok let's do a little experiment for all the none believers out there. I am gonna keep a journal of all my 5 pip trades. I will record every trade i make. I will aim for a 5 pip profit. I will use a 20 pip stop ...

Now I know why 95% of traders are on losing side

Ok my premises is trading thr eur/usd with a 2 pip spread. The reason is very simple. Keep record of your trading this week. i assume your a experienced trader who only enters a trade once you have done your homework. So now you are in the trade. ...

Now I know why 95% of traders are on losing side

Maybe it is just the idea of risking 20 pips to make a certain 5 pips.... BUT what if you enter a trade and put a trailing stop loss of 15 pips......and the market turns around and take your trailing stop loss out...leaving you with a 5 pip ...

Now I know why 95% of traders are on losing side

[quote=zek132;1657440]Interbank is a retail bucketshop broker, to trade the news you need a ECN with fast execution. I trade on currenex, such thing as a requote is non-existant as i'm trading directly with the liquidity providers. Lol....yes ...

Now I know why 95% of traders are on losing side

So are you saying because i only take 5 pip profit and use a 20 pips stoploss i will NEVER make money in forex?

Now I know why 95% of traders are on losing side

Well obvisously we didnt trade the same NFP in october. I have attached a 1min chart of the actual NFP event on friday 5 october and the downspike and reversal happened in less than 16 minutes and not hours like you mentioned. Also i dont see the ...

Now I know why 95% of traders are on losing side

Let's put my 5-10 pips strategie t the test — Ok since a lot of people disagree with me on the 5-10 pips strategie let's put my theory to the test. This way you can see for yourself whether i am gambling or scalping or trade according to a ...

Now I know why 95% of traders are on losing side

Finally someone who doesn't sound like a broken record. i dont know why people have a problem with a trader making 5-10 pips? If only they sit and think for a while. It would be silly in my opinion NOT to look for 5-10 pippers. But i guess most ...

Now I know why 95% of traders are on losing side

Now here is a trader i like. Yes i agree charts will tell you a beautiful story. Just get rid of all your indicators and study them. They will tell you where they wanna go next. But like you say. One has to have lots of patience. Not everyone can ...

Now I know why 95% of traders are on losing side

HHHmmm very interesting observation i made. Most people think because you only want 5 pips profit or only take 5 pips profit you are scalping. Why is this??? Lemme explain again. Scenario 1: I enter a trade with $1 lot based on my trading ...

Now I know why 95% of traders are on losing side

HHmmmm....like i said before...only a fool will trade the news. Newstime is the riskiest time to trade and forex is already not easy. So why would you wanna make it even more difficult for yourself? Besides trading the news is not as easy as you ...

Now I know why 95% of traders are on losing side

Hhmmm interesting comment. What do you base your "Trading is based on emotions" comment on? According to elliot wave we have the following possibility: At the moment the 1.4138 low represents a 41.4% retracement in Wave iv and could generate a 61.8% ...

EURUSD were do we go from here ?

Fund managers — Maybe this should help you. Big fund managers are happy to make 25-30% per year. If you can grow your account by 2-5% per month then you are doing really well

20% per month. Is this possible?

And that is the problem with most people posting their own system on FF. They are amateurs teaching amateurs to trade like amateurs. Trading is much more than adding two Moving Averages and a RSI on your charts and then claim to be a mentor. People ...

EMA 25-50 Trading System (Detailed)

Irresponsible — Wow this site never cease to amaze me. A person who has opened a live forex account on 08/08/2007 and who is only trading $0.10 lots, is now teaching other people how to trade forex. Wow you guys this forum must be desperate.

EMA 25-50 Trading System (Detailed)

Ok then i misunderstood this part : Hello, I'm currently not teaching this system at commercially affordable prices to the general public, due to it's efficiency, which i'm sure you can see from last months report, so i'm not advertising it at the ...

EMA 25-50 Trading System (Detailed)

This site never ceases to amaze me. Please dont be offended by my posting but how can anyone ask "not commercially affordable prices" for a system based on Moving Averages that are lagging indicators? Are newbies so desperate for a few pips or ...

EMA 25-50 Trading System (Detailed)