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RickM replied Sep 22, 2019Hi Dab Sorry missed your question. Setting up a demo account with any broker is free so why not set up 4 or 5 demos up and compare them at the same time. The sales pitch you get about good a broker having great speed and spreads isn’t actually ...
Best broker for Australians
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RickM replied Sep 22, 2019Its always a pity most traders understand how the market works when the grey hair takes over. Personally, I am more interested in traveling the world while trading out of a laptop than trying to get a job at a Equity Firm. This year I have traded ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 22, 2019Hi 3ndlessHope I see we may have a communication problem here. Me and Aussi were talking about Win rates. I achieve a 90%+ win rate on trades when trading the M1. My returns used to be 120% profit on my Equity IN A YEAR which is actually not great. ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 22, 2019Yes, you are correct HudithePfupf, we aren't offering too much. You see we work bloody hard, spend hours and hours away from family & friends to try and learn this game. My wife complains I trading all night long, I miss some of my kids school ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 22, 2019Here is three years - But this year stats blows them away.
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 22, 2019Your loss. You know traders, there are methods our there to scalp the market that will shock you. So simple, so easy, so mechanical, so profitable. But they exist
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 22, 2019You may not understand who you are trading against. Then you will know what the special sauce is and how to trade it.
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 22, 2019You haven't a clue how to trade going by your last post. If you think I win over 90% on the 1 hour chart, you have rocks in your head. If you think I win over 90% on the 30 min chart, you have rocks in your head. If you think I win over 90% on the ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 22, 2019I would leave it and see if it drops close too 1.2393 first then see if it has moved close to the ADR(20) day range. Price wants orders so generally takes out yesterdays highs or lows. So I would Buy if it takes out the last trading days low. I ...
Cable Update (GBPUSD)
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RickM replied Sep 21, 2019Hi Aussi I am a Manual trader first and a EA Developer second. I do have very high standards for by manual trading results and I work very hard at increasing my trading stats year by year. Ask me five years ago, I would of been happy with 75% ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 21, 2019Hi Aussie Which EA do you want, all these are profitable. 1.. Bollinger Band Reversal system EA 2.. Ichimoku Reversal System EA 3.. POR-CBP Reversal System EA 4.. Net Reversal System EA 5.. Breakout Trend model System EA ( Gee, actually a Trending ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 21, 2019The date to make a submission is by 1st October but they have already made the call going by conversations I have with an Equity Firm and a few Aussie brokers. They will give us 20 days warning which could be as soon as the mid October. I run quite ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 21, 2019Sorry, too late now. All Aussie run accounts will have to use a leverage of 1:20 by mid to late October. The party is over.
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 21, 2019There is a lack of Sellers so Liquidity pools are drying up above. The market always seeks a high density of orders and guess where they lie. There are thousands of Buyers with their Stops below recent lows so the market will hunt these Buyer stops ...
Cable Update (GBPUSD)
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RickM replied Sep 20, 2019Well that rules me out, I just must be lucky to make money every singe session. But seriously there is a simple method. It’s called trial and error on a demo chart. Then you Trade live when you are profitable for three straight months. No money loss ...
has anyone EVER seen a successful trader/trading system?
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RickM replied Sep 19, 2019No offence taken but there is a difference. I run $10K accounts per EA and run around 20 charts per account. I also have no restrictions on draw down which can run to about 20% which is something not allowed on major accounts. If you asked me to run ...
Best broker for 4-7pips scalping
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RickM replied Sep 18, 2019I am going to be a pain in the arse by asking you to study the M1 chart everyday looking at the size and angles of all the spikes. You will work it out yourself after a period. It took me about four months of studying charts to work out the Algo’s ...
Best broker for 4-7pips scalping
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RickM replied Sep 18, 2019Hi Sunny Very small wicks don't discard the "No Interlocking" setups in my eyes. This is only my opinion of course. I am looking for 2 -3 wide ranging candles which start and end on top of each other with no or tiny wicks. These candles contain ...
Best broker for 4-7pips scalping
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RickM replied Sep 18, 2019This is just the cost to scalp the market. At present over the past 3 hours, I have been scalping GBPUSD. So far I have taken 24 trades for a profit of just 68 pips (slow night). The cost to trade my way would probably be 1/3 of my profits however I ...
Best broker for 4-7pips scalping
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RickM replied Sep 17, 2019Yes, five years till I became profitable. The badge you can now where is a Bronze trader as you are making some profits. At Ten to twelve years you may become a Gold badge owner where you are making consistent profits at around a decent wage level. ...
has anyone EVER seen a successful trader/trading system?