Not necessarily. Depends how skilled you are with your entries

20% per month. Is this possible?

Gosh, you must have a lot of faith in your system. If I had that many, I'd quit and try something else. Maybe that's my problem. At what point do you quit?

How long was your longest Losing streak?

Most of the time when I have a loss it is my fault - which goes to show the market is not totally random.

How long was your longest Losing streak?

Very useful, thank you, but it sent me 51 emails on 1 alert! Am I missing something or is there a bug?

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Fully agree. 20% is perfectly do-able. With consistency comes confidence. With confidence you can comfortably crank up your risk.

20% per month. Is this possible?

I do better than 50/50 and have enough track record to show that. Though in my opinion, not good enough. Looking through my trades, a higher SL is no more likely to get hit than a smaller SL.

Is trading really that hard?

Anywhere between 25 and 130.

Is trading really that hard?

I don't use a 200 pip SL

Is trading really that hard?

Maybe I should demo 10% a trade, see what happens...

Is trading really that hard?

So... why not risk more of your account per trade? What is this myth about risking no more than 1-3%? Was it put out by brokers so they have more of your money sitting in their coffers? Wouldn't you rather have your money in a bank? Surely you only ...

Is trading really that hard?

Eh? Trading higher TF you will have a bigger SL and TP. If anything higher TF's are more reliable, not less so! I have stopped counting pips now and focus on percentages instead. I use 1:1 R:R and risk 3% a trade. To get to 15% a month is just over ...

Is trading really that hard?

It's physically exhausting! More likely 50-60% return a year isn't worth the risk involved in trading. If you can achieve 14% a month, compounded over a year that's nearly 500%. 5 winning trades a month at 3% each over and above your losers will do ...

Is trading really that hard?

Maybe but I haven't seen it. You can dive for cover every time there is a high impact announcement and end up missing most of your set ups, or you can just go for it and pray. It seems like most of the time the outcome is not that far from the ...

Is trading really that hard?

Don't have too many requirements then, keep it simple I see some of the charts on here and they really hurt my eyes. I'm baffled how anyone can navigate their way around them.

Again! Specifically, what is price action?

Being able to view account history in pips.

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You sound like a nice person. We'll stay well clear of you.

Is trading really that hard?

No, it's intelligence you want. It's highly possible to be both intellectual and stupid .

Hi! I’m Mr Short and I’m a bad forex trader! (the AA for bad traders)

So probably the best place to be is somewhere between intellectual and stupid

Hi! I’m Mr Short and I’m a bad forex trader! (the AA for bad traders)

There is an interesting thread going at the moment about personality types. It would be interesting to see where you fit in. I'm not sure if being an intellectual is a help or hindrance. Intellectuals tend to be perfectionists - hence you look for ...

Hi! I’m Mr Short and I’m a bad forex trader! (the AA for bad traders)

Good for you! Thanks for the entertainment though... at your own expense

Hi! I’m Mr Short and I’m a bad forex trader! (the AA for bad traders)