Please... no insults. I don't think it really matters if you are making 5% or 50% profit a month; the key is consistency. After all, if you are confident you can be consistently profitable, you can always scale it up. This is what I am trying to ...

Why are most of the traders here failures?

Eh? So how does chasing your losses AND hedging work then?

Ouch! Trader carrying heavy losses

Really?!? Regardless of the sum, he's 1700+ pips down on some trades! Clearly not a believer of stop losses. And to have all that open over the weekend. You guys are priceless. I've seen some laughable stuff on myfxbook but none compared to this. ...

Ouch! Trader carrying heavy losses

Just tried to open a trade after NFP. I was unable to for 30 minutes! What shitesters.

ExNess

Ok, say I make 1000 pips then lose 900 in a week, then I am 100 up. Is that good? That is extremely high risk and is more down to luck than judgment. What I am saying is I would rather just earn 10 pips with no loss.

How many pips does a "successful" trader collect weekly?

Congratulations. Out of interest, how many pips did that take you? As of today (if I don't do anything stupid and blow it ) I am 66% up in 2 months and just over 2000 pips. Maybe I'll now risk 34% in 1 trade and get there.... only joking. ...

Here's the answer to "Can I make a living from forex"

Yes you can. It all depends on your lot sizing.

How many pips does a "successful" trader collect weekly?

This isn't funny High risk pips could just be a big fluke.

How many pips does a "successful" trader collect weekly?

Yes, I'm trying to do that. Picking up pips isn't too much of a problem for me; unfortunately I also pick up quite a few losers on the way. I would really like to shake them off!

How many pips does a "successful" trader collect weekly?

I think positive pips is a good indication, but for me profit factor is probably more important. If you make 1000 pips in a week, you might think you are doing fantastically well, but what if your profit factor is say 1.1? How many losers would you ...

How many pips does a "successful" trader collect weekly?

If I made $50 million I definitely wouldn't be shouting about it at every opportunity. I'd be keeping a very low profile...

Can you honestly earn a good living or even get rich through forex?

Till the bend at the end Look for trendline breaks - they are a sign. A tip: look on the higher TF. If it is a nice trend, go ahead. Go back down a TF to seek your entries. If higher TF is all choppy, forget it. Move on. Usually there is at least ...

Here's the answer to "Can I make a living from forex"

I will take my demo to $4k - that's doubling it 3 times, keeping the risk at 1.5% per trade. Then start with a smallish live and if all goes as well, I'll feed the account monthly till I end up with something decent.

Here's the answer to "Can I make a living from forex"

What fantastic advice. I have dabbled with small live accounts in the past and currently working a $500 demo for the last 8 weeks. Risking 1.5% per trade, I am at the $800 mark currently. I have doubled accounts in the past, but then something goes ...

Here's the answer to "Can I make a living from forex"

Ok point taken. So I can legitimately say I made 3000 pips last week Wonder who would believe me. If that is the case, there is disparity even amongst 5 digit brokers. Pepperstone often quote 20 pips. Now is that 20 or 2? It is 20 as I have ...

ExNess

10:12 GMT today

ExNess

There you go. Taken at 08:44 GMT this morning. I'd probably be accused of photoshopping it.

ExNess

I gave my opinion because it was asked for. If you are questioning my integrity then I'll keep my opinion to myself; it's no skin off my nose. It seems like there are a lot of people on here very defensive of Exness. I wonder if they are affiliated ...

ExNess

I have been with Exness for almost a year. I am leaving when I have figured out where to go. Sure, they advertise low spreads, *say* they welcome scalpers etc. I constantly have problems putting in pending orders as for example, just now they ...

ExNess

I have been testing this indicator with trend channels as support / resistance on 4hr timeframe and 4hr and daily trend channels. Stop loss above / below recent high / low or 2 previous candles and tp the same giving 1:1 risk reward. Results are ...

Help to convert an Indicator to an EA.