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- Peon replied Aug 5, 2019
I agree with this. The reason why systems work for other people is that they see the market differently from how you see it. I have tested some great systems assembled by my colleagues. To them, it's the holy grail, to me, a system with some flaws. ...
- Peon replied Aug 5, 2019
I agree with this 100%. Who cares what other people make. Do they pay your bills? NO. So why bother worrying what others do? The answer is simple; worry about yourself first. Biggest lesson that I've learned is that if people don't care for your ...
- Peon replied Aug 5, 2019
Trade with your own system. If you do not have one, make one. The highest chance you've got in this market is make a system that suits you. No one else. Making your own system means that you are the most comfortable trading with that system.
- Peon replied Aug 2, 2019
I'm sorry but passion is just another term for emotional attachment. To become emotionally attached in the financial sector is a recipe for disaster.
- Peon replied Aug 1, 2019
Money management and leverage do not really correlate. Money management : Amount of money you risk per trade. Leverage : Amount of borrowed capital the broker allocates to you. The higher the leverage, the more margin you have to trade with. Imagine ...
- Peon replied Jul 31, 2019
More work? image
- Peon replied Jul 31, 2019
Personally, I use the highest possible. Why would I strangle my account balance? Even though I have a high leverage, it is all about properly using it.
- Peon replied Jul 31, 2019
Zug Zug.
- Peon replied Jul 31, 2019
Reasons why 99% of traders lose: 1) Overleveraging: Most people deposit <$1,000 into a live account. If 0.01 lots is the lowest for Mt4, this is already overleveraging the account if risk % is about 1%. Ideally, you should have atleast $10,000. 2) ...
- Peon replied Jul 31, 2019
Use demo for the following: - Forward testing a system : This allows you to know the system in action rather than just simply backtesting it. - Getting use to trading : The process of opening a trade and managing it needs some practice. Personally, ...
- Posts by Member Search: 'Peon'