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RickM replied Sep 22, 2018Hi Robots4me Before you trade all those pairs Big E mentioned, you should consider some other factors first before take those trades. We talk about volatility here but for me its a misleading name. I believe a more accurate name is to consider using ...
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RickM replied Sep 21, 2018Hi PayIfForward We talked last week about your EA, may I ask you if it follows exactly Big E's rules or have you twigged the system slightly. As I made you aware, my first attempt was only showing small profits so I stopped the development. I am ...
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RickM replied Sep 20, 2018Chenzo, you are just a rank amateur trader and wouldn't know how to create a portfolio of strategy's and trade them as a group. While you may be happy to win a couple of hundred pips a week so you can tell your classmates you trade the markets, the ...
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RickM replied Sep 20, 2018I prefer to to use the 200EMA as a launch pad and Buy with the Weekly. It gives a better result.
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RickM replied Sep 20, 2018Every post you show your ignorance to basic chart elements. With my manual trading, its all ABP Average bars normally which are BARS. You need glasses along with a brain. Hows your great sell on AUDUSD going HA HA Only a newbie sells into a 200EMA ...
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RickM replied Sep 20, 2018You know you sound like a rank newbie. No professional trader would trade that large lot size on a H4 move unless they had being building a position. Maybe on Wall Street but no one here in this forum would still have skin in the game if they traded ...
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RickM replied Sep 19, 2018That’s easy Jmn5611 He’s mad because no one was interested in his boring thread.
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RickM replied Sep 19, 2018I see your point, but before you can claim the original recipe is the the winner of the great British bake off, we need just one experienced trader to provide a full years results to proof the profitability of Big E's rules. I would love his recipe ...
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RickM replied Sep 19, 2018Hi Ejiexe After performing this task 18 months ago, I discovered a more important factor that had more bearing over the profitability of TMS that deciding just what pair to trade. I thought it was going to be just a simple test of which pair is good ...
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RickM replied Sep 19, 2018Hi Rotots4me Win rate is the least important factor in determining profitability of a system. Even a 45% win rate is enough for some strategy's that use break even stops within a scalping system. The real factor here is any trader can find a chart ...
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RickM replied Sep 18, 2018Yes, now you have hit on to a area where I spend most of my hours working with Forex. You need to start with a in-sample time frame say 2017-2018 where there is at least 100 setups sighted. If results look promising, you then need to test around 20 ...
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RickM replied Sep 18, 2018I would call him/her a “Diamond Trader” who has found their “Trading Edge” over the market. To get those results with only a 5% draw back would be a remarkable achievement. PM me if you want to tease me some more.
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RickM replied Sep 18, 2018Hi Jmn I agree that Demo trading is great but you first need to established the correct settings for your strategy. Lazy traders don't want to put the hard yards in but all you need is a spread sheet and a quiet weekend. Simply start from January ...
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RickM replied Sep 16, 2018Recently, I have been trading another method of MEME entry's and exits. My strategy utilises a fully Automated EA on 13 pairs 24/7. It's coded to include Bollinger Bands as the signal to start trading. The idea is we are Buying when price hits the ...
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RickM replied Sep 15, 2018Most of my group of traders earn between achieve 5% - 7% per month of their Equity. The secret is to trade with multiple strategy's which almost no trader here mentions. I trade with about 6 strategy's and I will be adding more next year. The point ...
How much you make in a month on avg...
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RickM replied Sep 15, 2018The fact is without trading a back tested strategy in Demo first for three months before moving it to a live account, 99% of new traders will lose everything. The biggest problem is 99% of all traders are impatience, we all believe we can beat the ...
Do you really need that much to start?
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RickM replied Sep 13, 2018Hi MegaLuck Don't read any trading books because you are setting yourself up to lose from traders who couldn't cut it trading themselves anyway. If you do, you will lose for sure. Better to go into trading without any of their hang ups. The whole ...
Complete Newbie to Forex
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RickM replied Sep 8, 2018Hi Jmn5611 This is just a good discussion on a quite Saturday evening for me. Lets look at 2.. EA bots can be programmed to performed almost any task after trade is open if the development is detailed. Hers's an example in plain English ACTION - ...
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RickM replied Sep 8, 2018Hi PayItForward I created the parameters directly off the well known posts detailing entry on first or second bar to cross TDI red on a above average size bar, no nearby resistance, cross on stoch etc. Just the standard spec's repeated here again & ...
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