It's high risk trading that cannot be sustained on long run

+1000%? It's Done Now, +10000% next?

I don't think so. Here they are trying to use pure statistics to find and edge.

What I learned after losing $300,000 trading forex

I guess is because ASIC regulations are changing and they cannot provide service for overseas customers. I got that message 2 years ago but it was withdrawn. Now I'm waiting to get it again in the coming days like everybody else

IC Markets

You can't. If your direction is totally wrong than you just accumulate negative costs and you will never rescue the position.

Gold Nugget For You!

Do NOT follow what he is suggesting. It's an old very risky recovery strategy that you can find also on YouTube. The issue is that's works ONLY if you have infinite money and also in that case will not work because brokers put limit on max lot size ...

Follow the trend

I was using that before but now I created my custom indexes. There is no coding skills involved. Just follow for example this link: url

Currency Index Indicator MT4/MT5

You can do by yourself Just write the formula in custom symbols and you are done.

Currency Index Indicator MT4/MT5

@CeeSo I used your lines on weekly data from an indicator shared here but doesn't work. The weekly open coincide with daily open so mainly you will have Monday lines for the rest of the week. How do you calculate these lines on weekly and monthly ...

What I learned after losing $300,000 trading forex

I didn't understand what all that lines are?

Price action at the core = family members' discussion project

Thanks for your contribution but what is the connection with the thread subject? He is talking about probability between open/close in a single bar. Your analysis can be very good (I don't know) and maybe needs a dedicated thread. Cheers

95% of the time Price will close above or below the open price

Aren't you willing anymore to keep the thread on how to exploit the probability edge? About dopamine control I think what can help you is to set your daily targets. That will keep you away from over trading. In other words, have a good trading plan ...

What I learned after losing $300,000 trading forex

No They are just an extra % on top of current day open price

What I learned after losing $300,000 trading forex

I'll bet on EURUSD short instead of GU because EU has room to move lower while GU is already at extreme level. I will risk my normal lot size on EURUSD and nothing on GU

What I learned after losing $300,000 trading forex

When you take a trade, what's your probabily acceptance? Only above 50% or 70% or 90% etc...?

What I learned after losing $300,000 trading forex

I guess you are talking about intraday behavior because these line will change with any new daily open price. I will observe them and let you know if I can find anything interesting. Cheers

What I learned after losing $300,000 trading forex

No problems Thanks

Elliott Wave Trading by Ayax

It looks like you are using and indicator for wave counting. Can you please tell the name of that indicator and from where you got? Thanks

Elliott Wave Trading by Ayax

Hi Thanks for sharing your work. From what I can see seems toooooo good to be true. I see impressive returns in just 3 years more than 10 times your initial account balance. What investment in the real world can generate ROI like that? None. So I'm ...

SchKithZo - GridBender EA (EURUSD)

What are these levels? You have showed some percentages and lines on charts but if you don't explain what they are and how to calculate them nobody will understand you. Yes you said they are not fibs, pivots or support&resistance but more is needed. ...

What I learned after losing $300,000 trading forex

Very good So your 100%return means that now you doubled your account balance correct? So, let say original balance was 1000USD New balance now should be 2000USD. If so, how you were able to invest 100% of account balance on just one trade with ...

CHEETAH Trading (100%+ per trade or up to 500% or more)