So I suppose the bottom line answer to the question in the thread title is - when you have exhausted all ideas and approaches to make money, is when you give it up and call a stop loss on the entire endeavor.

At What Point Do You Give Up On Forex

Being right 50% of the time isn't good enough, your wins have to out weigh losses and spreads. If you win 15 pips half the time and lose 20p half the time, are you profitable? Here's food for thought: System Expectancy = (no. wins / no. losses) x ...

Trading forex profitable is impossible!

Thanks for bringing this up, so how would a small/big trader set themselves up to avoid the possibility of paying ridiculously high taxes?

Beware when trading a broker in Australia

Reminds me of a funny line - "the lottery is easy, all you need is a winning ticket and hey presto!"

Trading forex profitable is impossible!

Firstly I'm not an experienced trader. Secondly, bravo! That's a phenomenal result, even if you reduced the risk levels by half to satisfy the tastes of other members here, you'd still have an impressive return. As far as I'm concerned, ...

Advice for the long run?

Well it's refreshing to hear concordance in "positive expectancy +compounding +patience =good outcome", currently I'm simplifying and fine tuning my own approach (that relies on repeating trends intraday) to be positive expectancy and removing as ...

A "doable" way to take a $300 account to $1 million in 45 months

Is there any ECN broker that would not ever have a week of a buggy activity of some sort?

Pepperstone Forex

With a Risk:Reward of 1:3, one win covers 3 losses, your break even point is (1/(1+3)) 25%, that is if you can get a win 25% of the time, your system is breakeven (minus spreads). So if you can manage to bump a winning trade probability to even ...

Trading forex profitable is impossible!

BBPI, do you think that making a living off fx, meaning withdrawing 50k-100k+ a year from the trading account is an near impossibility for anyone aspiring for it, starting from a small sub 5figure account, with patience, compounding and having a ...

A "doable" way to take a $300 account to $1 million in 45 months

Not "everyone", just most.

Believing in yourself

You've posted this on forextips.com, forex-tsd.com, forexforum.net, all with new accounts, you're just marketing your blogsite aren't you? Regarding the trading, what can you say about it? You don't say anything that comes close to being related to ...

2 Weeks of Trading Result

So many people here parrot that exactly, so disheartening, saying that pretty much anything over 1-5% a month is fantastic, which over a year comes to 12-60% (uncompounded) growth. Is it too unreasonable to expect a good trader to grow an account by ...

I trade my own account for a living. Tell your story

10+ vouchers and 4800+ posts, member on a forum full of information and you still haven't found/devised a positive expectancy system to trade diligently and with patience in compounding to an amount to live off? Very discouraging indeed

At What Point Do You Give Up On Forex

If 25pip sl is just noise, what sl distance do you use?

A "doable" way to take a $300 account to $1 million in 45 months

Amen to that! A positive expectancy system with compounding and patience, nothing ridiculous about that.

A "doable" way to take a $300 account to $1 million in 45 months

Well Blackstar, I think you should start a new thread in the Trading Systems section, present your ideas and take on suggestions and development for a full system.

Developing a system

Do you have any evidence/sources that say that 'big' traders usually have a minimum of 20 accounts?

A "doable" way to take a $300 account to $1 million in 45 months

On top of that on one of the pics of the first post he says when he started using the system he "gets 3-9% days almost every day", uncompounded that's 15-45% a week growth...

A "doable" way to take a $300 account to $1 million in 45 months

Probably because they have better things to do then squabble on a forum. Some traders actually do flaunt their skills, like if they are trying to acquire more capital for a hedge fund, and myfxbook is for mt4 retail fx peeps, there are lots of 6+ ...

A "doable" way to take a $300 account to $1 million in 45 months

I think there's a deep disconnect whenever someone says x pips a day and the reasonable expectation of x pips on average, those last two words make all the difference, it is what shifts the "you're dreaming if you think you can make 1pip day in day ...

A "doable" way to take a $300 account to $1 million in 45 months