That's the problem - I don't have anything that I could prove it works steady. I can only prove that nothing works Showing some examples is pointless, but I will do it anyway because you asked it. (I only care about long time backtesting). Most ...

Honest answers please! Are you successful trading on Forex or not?

Which timeframe then? Any timeframe? I guess the stop-losses and take profits should change depending of the tifeframe? Or to use ATR for stop-losses and take profits? If so, then which period ATR? I could backtest this or any system manually on ...

Honest answers please! Are you successful trading on Forex or not?

About Money Management: - I would always trade 1% of my account. - I would always have my stop-losses and limit orders in place. I have backtested most of the systems with very different stop-loss order and limit orders. Usually with 2:1 profit/loss ...

Honest answers please! Are you successful trading on Forex or not?

I have read the Market Wizards book and many other articles written by Jack Schwager. I think his a great trader and the book is great, like most of the books are. Also articles about Tom Baldwin, Ed Dakota and so on. I have 100's of them on my ...

Honest answers please! Are you successful trading on Forex or not?

I don't have a such a data or information. So I don't know the answer. Do you? I do think that some people are able to read people psychology from charts like George Soros - good for him but I'm not that great, I can't read anything from charts and ...

Honest answers please! Are you successful trading on Forex or not?

"you have no right giving negative comments" Really?

Honest answers please! Are you successful trading on Forex or not?

I'm not hoping to make a fortune from 500$. In matter of fact I haven't invested a single penny to Forex. I hope I could make 10% return a year, I would trade with 100% discipline and all this fancy positive thinking - but there's isn't such a thing. ...

Honest answers please! Are you successful trading on Forex or not?

I'm not chasing for the perfect 100%, I haven't seen a single system based on price action or indicators that would be even 60% right of time. Please go ahead and show me 1 strategy that's 60% correct and I will backtest it?

Honest answers please! Are you successful trading on Forex or not?

Actually I kind of except that someone will say that indicators are lagging and only a stupid people would use them. Well, I don't care what the system/method is, but I haven't find a single system based on technical analyses that works, whether ...

Honest answers please! Are you successful trading on Forex or not?

I have made backtesting for almost a year almost each day and now sick of it, because the results won't lie but the feelings does. Most of people here on FF belive if they can just have rough discipline, positive mindset and whatever else more. If ...

Honest answers please! Are you successful trading on Forex or not?

Losing, winning - whatever, there's only one thing that matters and that's THE RESULTS! If there would be a such system/method with a moneymanagement and traded with 100% discipline - but there's isn't. All those web sites, forums, tudors are ...

Honest answers please! Are you successful trading on Forex or not?

LOL, it's so funny to read this stuff on FF forums and elsewhere, then visiting web sites of tudors like Rob Booker and people falsely believe all this junk about systems/methods/money management. Ohh, don't forgot the discipline, heheh. Wake up & ...

Honest answers please! Are you successful trading on Forex or not?

Aggressive vs. Passive strategy? — I'm a trend trader, so which kind of money management would you suggest by your experience: 1) Aggressive - adding more money into a winning position. 2) Passive - taking out some profits first and then ...

A clever money management system wanted

Thanks for your help and links: philmcgrew, Hungry Hyippo, renasdad I will get on testing now and will see how they work for me. BIG THANKS!

A Popular Forex Trading Strategy (MA based)