Lol, I know..still keep going back to years past and the quick and easy EAs..of course, the quick and easy part was in my blowing out my account..

Searching for profitable EA

Thanks for responding to Hanover's query, I had to admit I was going to post a second clarification query..either way, yes, big firms, the big guys do have access to better information, premium news feeds and the like. As an Individual spot trader, ...

how to maximize profit without TP and SL?

LOL, I know that the statement "you have to find what works for you" is one of the most corniest ones doing the rounds..and yes, traders need to understand the market, it's not the other way about..TA can indicate the trends some of the time so it ...

Can't Find the Answers of 2 Really Fundamental Questions

SL and TP are like briefs..no one wants to go commando, irrespective of how er..experienced they are, for we all know the burn factor that usually kicks in when one goes commando..

how to maximize profit without TP and SL?

I guess it all comes down to individual perceptions..if you are a successful trader, forex is reliable - if you are not one, naturally forex becomes unreliable..

Is Forex reliable?

This is usually where the trailing stop kicks in..

how to maximize profit without TP and SL?

Actually I have to kinda agree with this, especially if the broker is not that experienced. Yes, discipline is part of what makes a trader a professional trader. But even professional traders, may set a range, and in terms of pips than dollar ...

Earning 10-20% per month on 10k capital: Realistic?

Definitely, no sl will lead to a margin call, that's for sure..

how to maximize profit without TP and SL?

LOL, I am not going to say that I am surprised seeing what some of the other brokers have been pulling..

95% traders go broke, only 5% survive

I doubt if any broker declares their take on the spread, or if they do tinker with client trades or even promise clients that they will lose money "formally". I guess if that were to happen we may as well declare Paris Hilton has the largest ...

95% traders go broke, only 5% survive

Personally, as a trader I would love it if an ea works all the time. Granted each or nearly every EA works on one strategy or the other, but as you have pointed out, the issue is in predicting the so called wrinkles and tweaking the ea ahead of ...

Searching for profitable EA

EAs run on third party scrips and unless the trader has the knowhow to tweak the EA, it is not a question of if but when it will fail. Of course you have t traders who swear by their EAs, fair enough. If the EA is as good as some of the posters in ...

Searching for profitable EA

I really would not recommend trading without TP or SL, especially if you are a newbie. That said, can I ask why you would prefer to trade without TP and SL?

how to maximize profit without TP and SL?

Ask is the buying quote, the rate at which the market is willing to sell the currency to you ..it is the higher of the two rates listed for a pair..and you sell the currency at the bid..

the Ask price

This is exactly what we all do and as for maximizing gains and minimizing loss, check out for patterns, pay attention to PA, ..what Hanover said is spot on.

how do I maximize my profit and minimize loss?

FPA is okay but you can get more detailed info on baby pips than anywhere else and you would not have to pay anything for this info..

Living Off Fx

Heck, any one, and even new traders can score more than seven pips/day. But what's the deal with the magic number posted here? Any reason for the "seven"?

7 pips per day? is it possible?

Yup, when it comes to basic info, advanced info in an easy to understand format, babypips school of pipsology is definitely the best..

Living Off Fx

LOL, that's for damn sure but at least, with trading, we get the same op-eds on the "holy grail requiems" and I dunno what self referential these traders were using, for creating those damn threads in the first place but we, as a whole, sure could ...

Why do Newbies Lose?

Yes, traders do make a real living off Fx market and yes, you can earn consistently..but the catch, you need to be able to trade well enough to get consistent returns and that takes time, effort, research and a lot of heartburn. As to the time ...

Living Off Fx