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AceFXTrader replied Sep 10, 2012I became a profitable trader when I spent less time on trading, sounds weird but it works. Created an EA base on my system rules, monitor a couple of minutes a day, make money, simple. I remember when I first started out, I uses to spend hours ...
What helped you the most to be profitable?
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AceFXTrader replied Sep 10, 2012The 5% get all of the money from the 95% excluding broker fees. Now you see why Forex can be so profitable, but only if you can out trade the other 95%.
The 95% of losers, it's true?
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AceFXTrader replied Sep 8, 2012Why does none of these system starter ever post any Trade explorer. It would help in seeing if these systems work or not.
Buy sell line trading
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AceFXTrader replied Sep 8, 2012In principle the more money you have and the lower your starting lot size, the more succesful it will be, it also depends on your trading systems win/loss. If your max losing streak for your system is 10 straight loses and you have enough money to ...
Does the martingale system really work?
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AceFXTrader replied Sep 8, 2012As most broker still dont support MT5 yet and there is not much of a big difference for non-EA traders between MT4 and MT5, I would stick with MT4.
When to upgrade to MT5?
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AceFXTrader replied Sep 8, 2012Making 10 pips is not very difficult. The difficult part is doing it everyday on a consistent basis. No matter how good you are, there will be a day when everything just goes against you. Setting a goal based on pip gains isnt really good, ...
How difficult to make 10 pips every day with only one hour trading?
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AceFXTrader replied Sep 8, 2012You have soo many lines on the chart, I can barely see the price, with so many lines can it really be called S/R areas anymore?
The perfect trading system
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AceFXTrader replied Sep 8, 2012Who would actually trade like this. Looks like a Disco or Tron Chart, so many lines and color.
Need this system please
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AceFXTrader replied Sep 7, 2012Seeing how the next major S/R are all above 1.29, I can see it going over 1.29 easily.
Amazing Black Magic Trading Method
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AceFXTrader replied Sep 7, 2012Haha, I know what you mean, I lurk around this forum a lot (not to sound creepy >_>) and read a lot of post from people who sounds like they know what they are talking about, but in actuality dont really have a clue. I mean if 95% of traders lose ...
Is August the most difficult trading month?
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AceFXTrader replied Sep 7, 2012I started with a small $500 mini account, lost about 25%. Withdrew everything, went back to demo for 6 month, got a much better understanding of the market. Started again with $1000, +800% and climbing.
How much did you start with?
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AceFXTrader replied Sep 7, 2012$300 to 1million in 45 months is not what I would call "doable". Do you even realize how hard it is just to average 2% a month in Forex. 95% of traders lose. I would say making money in Forex is "doable", turning 300 into 1 million is "unrealistic". ...
A "doable" way to take a $300 account to $1 million in 45 months
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AceFXTrader replied Sep 7, 2012Trading with my own EA, I can tell you, Yes, EA's can work. If you have a system with definitive rules, entry and exit rules, there is no reason why those same rules cant be programed into an EA (assuming you have the programming know-how or know ...
Is there a successful EA out there?
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AceFXTrader replied Sep 7, 2012Excellent day, made alot of money during NFP. After the Channel broke a few days back, it was obvious it was going to continue up. NFP gave it the extra push.
EURUSD
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