I was hoping that there was some mega super money management system that I was missing out on that wasn't essentially gambling with a large lot size. But I guess I see it all around me, person A decides to buy exactly £5000 of company X on the stock ...

Variable risk % versus fixed risk %

Well you probably know now that a promised success rate means absolutely nothing unless the vendors had a crystal ball to tell you that the market's future conditions will be ideal for the system. To gauge whether a system is going to be profitable, ...

Money management first

That bit about Skrill and regulation doesn't make sense. Skrill is a UK company that is itself regulated by the FCA and is allowed to operate in the EU. E.g. Pepperstone in AU is regulated by ASIC and SVS in the UK is regulated by FCA. Both accept ...

Best Broker(s) for Automatic Trading?

Over a year ago, I shared a mechanical system that I read about in a book and some indicators with a friend. I had even done boring manual backtests using Excel to show it should in theory be profitable. It was by no means a super system, it was ...

Why do Newbies Lose?

I had been putting off learning MQL for over a year even due to whatever allergy I had over programming. Partly because the MQL documentation does not cater to people who have zero knowledge of programming syntax, and I could not find a single ...

Expert Advisor: Did you create your own successful EA?