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RickM replied Oct 21, 2019Do you know how many traders have lost money trading his TMS Strategy - A bloody lot. Some traders have tried to stem the losses by helping traders like EMM.. Almost every trader who has been trading this strategy HAS LOST MONEY A very small number ...
Trading Made Simple
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RickM replied Oct 21, 2019His Legacy is not your job to protect, this is a public forum.
Trading Made Simple
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RickM replied Oct 21, 2019Because every one of your posts in this thread over the last three years have been attacks on one trader, Emm. You have become obsessed, visiting here often to have constant personal attacks on him. I presume you have the little man syndrome. You ...
Trading Made Simple
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RickM replied Oct 21, 2019Not really Realjumper is up to post 16,470 himself. As he gave up on his own thread, he needs to post somewhere.
Trading Made Simple
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RickM replied Oct 20, 2019Using a EA, average profit factor should be over 2 but aim to run a EA that has a profit factor of over 3. Thats running a EA based on testing and Demo results. Real live profit factors can vary year by year.
What's a realisitic profit factor in forex?
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RickM replied Oct 17, 2019Hi Alphadude Yes, trading with Algo's is hard work, totally automating them is a chore and most traders would never believe how much work goes into developing good EA's. But they make great money, especially Reversal Algo's. Probably the best way is ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 13, 2019Hi Josephcom No, same currency. I trade with a expectation that price will move in my favor to allow me to take a profit. If price moves in the wrong direction, I add additional trades to raise my average price up to a level where the expectation of ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 13, 2019No its not really, price is either positive or negative. On Friday, I sat trading AUDNZD for around three hours. I sold every positive rise and brought every negative fall in a grid formation over this period without a single loss. That was about 28 ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 11, 2019The old line Future’s is better than Forex. When you require luck to be profitable trading any market, you better hope your blood pressure is under control. I prefer to trade a mechanical system on a market that requires no luck. I will stick with ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 11, 2019If your system was so good, you wouldn’t resort to name calling. Shut the door on the way out signal seller.
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 11, 2019Agree, fundamentals are waste of time, lets look at GBPJPY over the last two days. On Monday its worth 131, end of week 137. Last week it started at 126 and by mid week it was 135. Manipulation is all it is, to make money for the big players. So its ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 8, 2019I think he means if everybody knew to go short, there would be no one going long, zero Liquidity.
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 8, 2019Tell us more Mingary, explain your logic
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 8, 2019Interesting traders keep talking about random price action and then declare its impossible to find a strategy to make money trading this action. But have these traders every tried to understand how to trade random price action. This price action ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 6, 2019Hi Ced74 Different signals but I am also on this one as well, being waiting a day for this one Cheers
"AUSSI" my thread and anything I want to put here
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RickM replied Oct 6, 2019Probably to Aussi Big players always get most of the money, we are just trying to gets a few crumbs
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 6, 2019Wrong, the actual figures leaked out were 75% lose, 25% win by an American broker. They say 95% lose to make those winning traders think they are special. More win than you think, check the facts rather than spinning this 95% bullshit stuff. Its all ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 5, 2019Hi Anthony Here is my plan for GBPUSD on Monday. I spend a hour or two before trading drawing lines like a artist. My tip is use line chart and start drawing lines, see how the dip down stopped at the line and bounced. The wicks let us trade but ...
Sunny Coasting Along
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RickM replied Oct 5, 2019If you wanted to be a doctor, would you walk in off the street, pick up a scalpel and start to perform heart surgery in your first week.
has anyone EVER seen a successful trader/trading system?
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RickM replied Oct 5, 2019Hi Alpha George asked us to spend hours and hours of our time viewing highs and lows of historical charts to look for price action REVERSALS. I did the work then developed a trading plan to trade this method. I never add additional trades to a ...
The Secret to Success and profitable trading - What is it?