If unable to spread the risk by trading both (and I can see from the trading frequencies that that might be the case, here), for myself I'd certainly go with the higher profit factor one, given that they each have plenty of trading opportunities. ...

Honing a strategy

A bad influence on your judgement?! I had to check the date, when I read this sentence: I imagined it must be April 1st. It's exactly like the book reviewer who doesn't actually read the books before he writes his reviews of them "in case they ...

Short term multiple moving average breakout

That method has exactly the same problem: sometimes the price will retrace just far enough to take out the trailing-stop (which has sometimes moved to break-even or nearly), before turning into a "big runner in your direction", and you can miss all ...

Securing your trades by moving s/l to break even

I don't suggest that it invalidates the discussion, but do you guys realise that the questions you're answering were asked 9 years ago by a member whose last log-in here was over 7 years ago? I mention it only because there are far more ...

Are there any full-time traders that are living off the FOREX profits?

Because of a previously acquired "cookie" which was still in your browser at the time you visited the broker's site.

Questions about opening a Pepperstone account

I agree with both the posts above. What you're talking about really relates to the significance of specific instances of engulfing candles, not to whether they're engulfing (a question which is, in itself, objective and factual).

Engulfing candle - precise definition

Not "a little". I do under some, set parameters related to volatility. I tend (with most of my systems, which are broadly similar) to trade 3 lots, closing the first two quite quickly to cover the cost of the third and lock in a small profit, and ...

Securing your trades by moving s/l to break even

That's why they charge so much extra spread for it. They're effectively spreading the cost of the occasional disaster by earning extra from the 99.9% of the time it isn't relevant. It's similar to having insurance against your house falling down. ...

Is it possible to “beat” slippages?

Guaranteed stop-losses are indeed another solution to this, but for some types of trading, they're quite expensive. For anything approaching scalping, for example, they'd work out prohibitively expensive. But that is a way of transferring the ...

Is it possible to “beat” slippages?

(i) Don't trade from Metatrader (ii) Use an ECN broker rather than a counterparty market-maker who trades against you (iii) Don't trade during or close to scheduled fundamental announcements Yes - it would certainly be very unwise indeed, to try to ...

Is it possible to “beat” slippages?

Hi Tony, Sorry to hear it. I agree with everything Forexia has said above. Two questions ... (asked for their implications, in the hope they'll be helpful, more than for answers) ... 1. Do you know that your trading method/system has an edge? That's ...

Honestly frustrated with trading forex

Apart from on rare occasions of high-impact fundamental announcements (which can sometimes be both dangerous and difficult to trade even if you get the direction right), it isn't possible to know with certainty when volatility will suddenly and ...

Is it possible to know when price will move rapidly?

If they're incredibly popular, they're probably really long threads. When I see promotional-looking titles like "Best Winning Strategy" or "1000% Return" making obviously ludicrous/dishonest claims, I do often feel a sarcastic comment coming on, ...

Is 30% per week possible?

People who put the words "30% per week" in their headline don't deserve a break: they're simply preying on the gullible and the naive, knowing that in a "desperate buyers' market" like forex-related services, in a forum they can use promotional ...

Is 30% per week possible?

Just set the ATR to 3-5 bars, then? That's exactly what that indicator measures.

What's a good volatility contraction indicator?

I tend to overlook that because it's actually true of everywhere I trade, myself (though I trade only forex). Perfectly good point, though, of course.

Who is making profit in the forex market?

Just so. Among all the chat in this thread, that sentence is kind of "the one that says everything that really needed to be said", here. Sure, you still need to know how to do that (which isn't difficult, as observed above), but that sentence, ...

Who is making profit in the forex market?

There's a little bit of "talking at cross purposes" in this thread. It isn't necessary to trade forex futures rather than spot forex, in order to use a real broker who executes your trades in the interbank market and has no financial involvement or ...

Who is making profit in the forex market?

I use CapitalSpreads, myself, and have never had any trouble with them at all. I find their customer service professional, fast and pleasant, their sp-reads low, and their approach commendable. They don't effectively trade against their customers, ...

Who is making profit in the forex market?

I can't, I'm afraid. First, I'm in the UK so my limited knowledge of brokers isn't appropriate to quite a lot of members here; secondly, almost all the brokers regularly mentioned in this forum are counterparty market-makers; thirdly, you can fairly ...

Who is making profit in the forex market?