Better for you to remain silent and be thought a fool than to speak and to remove all doubt.

What I learned after losing $300,000 trading forex

Hi xRedStaRx Now I am confused, earlier in this thread you wrote you use supply and demand in your trading. Now you are saying you don't use it? Please explain further.

Real or Algo

Hi pro-trading Just because you haven’t worked out how to scalp the tops and bottoms of a market doesn’t mean it isn’t profitable. At least post like CeeSo did by using the words “at least for me” For the record, trading tops and bottoms is trading ...

What I learned after losing $300,000 trading forex

Hi elvis1 Don’t listen to anyone. Few traders are capable of watching an amount grow to a large amount from almost nothing and not close it early. Those same traders would have brought bitcoin for almost nothing then cashed out at 1 cent. That’s ...

How to deal with big floating profit?

Hi LDFX We must stop meeting like this because my wife thinks I am having an affair as I am secreting typing on the phone too you far too much. Customers?, if you can find any trader on Forex Factory that has ever paid me one cent for any advice, I ...

What I learned after losing $300,000 trading forex

No, I speak of here 80%, I may get 90% but that’s between me and my buddies. 1% is what I said is possible with experience, 2% occurs on special days.

What I learned after losing $300,000 trading forex

And what does it say? Contact either of these people. Do you understand now, they may decide to give you access to a live trading room.

What I learned after losing $300,000 trading forex

No Bwilliams, he couldn't understand a simple message. I trade in a group where we make live calls. Do you have the guts? P.S. I do trade that Sine Wave hint hint

What I learned after losing $300,000 trading forex

LDFX Either you are being smart or stupid, I do not which one. I told you to contact a person for ACCESS to a live trading room where I can show you how to obtain 1-2% every single day. I was not talking about that waste of time FTMO thread - God ...

What I learned after losing $300,000 trading forex

Send you a PM, have a good weekend

What I learned after losing $300,000 trading forex

Only if you join as well. Get your measuring tape out

What I learned after losing $300,000 trading forex

Are you too lazy to have a look at one of my previous posts? 1% is obtainable because you only need 100 pips a day and your trade size can be leveraged to avoid draw down levels rising safety more than a risk factor of 0.5%. If we were attempting to ...

What I learned after losing $300,000 trading forex

Actually it is hard LDFX because as I am a Algo trader as well, I run 8 seperate accounts of varying amounts on top of 4 scalping accounts. One of which is in a FX trading competition which I posted a few weeks back. Have a look at that. Do you ...

What I learned after losing $300,000 trading forex

At least LXFX has something constructive to say, perhaps you should continue your trading journey for a few more years and you may be surprised what you may find. hint - Exhaustion

What I learned after losing $300,000 trading forex

Hi LDXX It means a lot to me as it allows me to trade towards a profit target of 1% every trading session without any stress. Average loss/win rates still mean little unless you understand how to establish the correct draw down levels in ...

What I learned after losing $300,000 trading forex

No, many strategy's that have a edge that only works on one optimized time frame that is independent of market structure. For example a inside bar strategy that is optimized to be traded only during the London trading session has to be traded on a 5 ...

What I learned after losing $300,000 trading forex

Hi Rennaissance 80/20 on the day chart - No chance 80/20 on the H4 chart - Unlikely 80/20 on the H1 chart - Possible 80/20 on the M15 chart - Probable 80/20 on the M1 chart - No problem The bigger question is what do you value the most. A nice 150 ...

What I learned after losing $300,000 trading forex

Hi Rennsissance 60/40 is still not good enough to make serious money in this game. I feel 80/20 is at least needed because backtesting does have margins of error. I would say you need to get your neck higher above the water mark. Cheers Rick

What I learned after losing $300,000 trading forex

My answer to your question is perhaps you are looking at the forest but don't see the branch, major price swings have nothing to do with it The patterns of expansion and contractions have no bearing on amplitude either, this is just behavior which ...

Price action at the core = family members' discussion project

Hi DrDave You may have describe my chart better than me so thanks for the input. My point is the amplitude is fixed for each pair, the period / frequency then becomes like you said non-constant periods. Once we know the specs. of the period / ...

Price action at the core = family members' discussion project