I only started to be more consistently profitable after 4 years 1 month.

Traded three years - Not profitable

Speaking as an experienced Day Trader myself, the most important factor of course is Skill. *Just Remember: Skill, Skill, Skill.. !

Need luck or skill for trading?

Tq for reply. Yes i do use this EA for trading. I am actually very selective on which major news to trade, and now i use over 5 different settings for this EA... Anyway if any programmer see this and willing to help, pls give me a PM. *I'm willing ...

Straddle trading EA

Post-News Trading Option Using M15 bar chart, amazing EA is also able to trade post-news event The concept is to trade the opposite direction of initial 'breakout' move By setting CTCBN =1, so if the recent closing bar is: - Bullish bar (open price ...

Straddle trading EA

Hi Alan, Amazing EA can only trade 1 news event (per set). I would like to modify this EA so it can open up to 30 preset News Release, i want to make it fully automated. In the script we will key in(manually) the 30 News Date & Time (yyyy.mm.dd ...

Straddle trading EA

From CP earlier quotes.. Think of how many FF readers have been misleaded.. Sigh...

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Earlier in this thread CP mention about not using historical price/data for trading. Come on, then why do you use chart? If you do use chart, it means you are looking into historical price/data. Don't be misleading..!

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There are more than 1 profitable trading systems, and not only 1 'holy grail'. Actually there's a lot of different or combination of systems that can be profitable.

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If somebody say just depending on MA(indicator) without using price action and you can be profitable, please give it a doubt.

Do you believe moving average systems work?

There have been scientific research showing that Fib 61.8 value is not any important than 60.0 or 62.0. Do you think number 38.2 is really more crucial than 36.0? or 23.6 more significant than 25.0 ?? Do more seaching and you will know the answer.

Which Fibo level do YOU use and why?

This is a great EA script. Tq also for Alan to improve & modifying it.

Straddle trading EA

The most important 'Fibo' value is 50%.

Which Fibo level do YOU use and why?

Top intraday traders aim for a minimum 50% winning rate, + higher R (avg. at least 1.5R)

Strategies with a 50% win ratio?

MA should be used only as a guide. Learning PA(price action) eg. Support resistance & Candlestick pattern are crucial to successful trading.

Do you believe moving average systems work?

Trading And Teaching both require different skill set.

Why can't every good trader teach well?