There is a widely held belief that the strategy will work if a losing one is simply reversed. Below are some factors to consider why reversing your EA strategies may also be a losing proposition: Market Nature: It is not a straight line. A ...

Can anyone give me a logical/mathematical explanation for this?

Totally! People dealing with similar struggles might find this post and learn from it. It’s great that these discussions can help others reflect on their own experiences!

I plan to quit forex!

It’s difficult no doubt when you reach a bad phase in trading. Hitting highs and lows in trading is something many traders experience, and you are not an exception. Instead of giving up on your trading career, perhaps, take a break, and assess ...

I plan to quit forex!

A successful mindset includes: Growth Orientation: Embrace challenges and learn from failures. Resilience: Bounce back from setbacks. Positive Attitude: Stay optimistic in tough situations. Goal-Setting: Set clear, achievable goals. Discipline: Stay ...

Success starts with the mindset - You can do it !

You make valid arguments when justified the necessity of a trading strategy. Most of the traders jump in with no objective or strategy at stake which certainly contributes to losses. It is indeed paramount that risk management is incorporated; ...

Why 99% of traders lose money

I get where he's coming from, but I actually think demo accounts have their place. They’re great for learning strategies and getting comfy with the platform without the stress of real money. You can mess around with different approaches and see what ...

Is demo a step before real trading?

Hello! Yes, combining MACD, Stochastic and RSI is a great approach as these indicators can work well in unison. Here’s the thing: Combining techniques: Completely possible! Just ensure not to make your charts too complex. It is always a nice sight ...

Help regarding MACD, Stochastic, RSI & Divergence

Hello there! It’s good to see another binary options trading enthusiast! The strategy that you have with the inches 120/360 EMA is quite impressive, especially with those reversal candles. I also prefer the 5-minute timeframe as well – it appears to ...

Binary Option Trading

Well! Achieving returns of 20% every month is likely far-fetched even for the most skilled traders. Some may manage to do it once in a while, but on a regular basis? That's asking for too much. For most traders, a more attainable goal would be in ...

20% per month. Is this possible?