Since this is the Game I think we must use game rules to win. For example let's think how you can win in computer game? You must practice and get level ups. More points (time spent) you earn - more abilities you can adjust. I remember days when it ...

The brutal truth of day trading

The one who sells the courses, has own youtube channel, shares simple winning strategy on forums and participates challenges with prop firms.

Define a successful trader in 1 sentence

Haha! You have to deposit 8 000$ real money, and we will give you 100 000$ demo and if your DD will be >5% we will take all your real money to cover our ...

Prop Firm Hub

Do you want to catch a fish? Stop exercising and look for the best fishing spots. All you need is correct mindset!

Stop searching for the 'Holy Grail', work on yourself!

But if you can earn >10%/mo WHY you need prop firm? Why you want to pay 30% back? Why you can't go to the bank and get money for 1%-5%/year or just get investors? What is the purpose to pay them 30%? There is a logic issue again. You said that good ...

FTMO - For serious traders

Strange that many people still believe in that lie. The business of companies like ftmo is to take your subscription fees and wait until you will break the rules or blow your account. That's all. That's why they are not a broker, they are using demo ...

FTMO - For serious traders

I think you are absolutely right. It will be better to compare trading with sports, not with business. Business is much easier, but the profits are lower. Sports seems to be very close. Top football players earn a lot, but there are few of them in ...

The brutal truth of day trading

My question was not about my EA. It was about why "you have to use strict rules in trading" is the key to success, but by the other hand "no automated trading"? I found this strange. As I see many believe that human can "sense" the black swan, but ...

The brutal truth of day trading

In order to lead you must learn how to follow. Respect your boss because of that. Dont expect any man to be as good example for you. All man have issues... But you need to learn how to be humble and follow orders. Any legitime business can be good ...

Let's be honest-do you like to trade?

I came to conclusion that every indicator you have is just a tool. To chop the wood you need an axe, not a spoon. Spoon is for tea. For example MACD gives great entries. But why to enter long on downtrend? It is risky. MA is good to check the trend. ...

The Good the Bad and the Ugly Stochastic

I hate it! Lost too much and now I have a fear. But I hate to work too. I'm too good to have a boss and waste my time to get to work. But I have found a solution. Bots can trade instead of me.

Let's be honest-do you like to trade?

Yes this is just an example, but it is pretty good system to trade. I'm using it mostly as lazy btc trading. Here the signal provider is MACD, and then you have to confirm it with 200 EMA, Stoch, MMAR and candle color/close value. Also once you have ...

The Good the Bad and the Ugly Stochastic

I'm trading on 1h this way: 1. Price must be lower or higher 200 EMA. 2. MACD must change from red to green / green to red. 3. MMARB must be lime or red. 4. Stoch must be not in oversold/overbought area. image As you see 2,3,4 was ok, but 1 not. ...

The Good the Bad and the Ugly Stochastic

I have the same wall too. But I know there is a door somewhere, just have to search for it harder ))

The brutal truth of day trading

If price > 50, 100 & 200 MAs and they are in correct order. I'm using 50,100,200 on every timeframe even on daily. Your Stoch is out of the range, so you must not take that long trade. Stoch is already on top. I'm trading using 1m tf, checking main ...

The Good the Bad and the Ugly Stochastic

I like logic. I don't like magic. So let's create a little spreadsheet and check. EA | Manual 1. Using strict rules for entry 1 | 0 2. Using strict rules for exit 1 | 0 3. Always use SL 1 | 0 4. Any other forex fairy tale rule 1 | 0 In all cases EA ...

The brutal truth of day trading

I have VPS for years and it was never a situation when it stuck. But in your case I'll make it this way: 1. Use dropbox/rsync or other software to sync the EA/indicators/libraries etc. This can be done every minute/second/hour or manually. 2. Run 2 ...

Backup Solution - Need Help

Happy Easter bro Just a friendly reminder about hiding your real trading activity

The brutal truth of day trading

I'm a big fan of Stochastic too. It is great indicator! But I'm using it mostly as an exit point, or as a point where to start TS. Stochastic is not good on trends (if use it as entry signal) because it is oscillator (it has -100 - +100 range only). ...

The Good the Bad and the Ugly Stochastic

Your lot size on the first screenshot is 0.01, you have to paint over the commission column too If 1 Lot = 5.5$, then 0.08$ = 0.08 * 1 / 5.5 = 0.014

The brutal truth of day trading