Fixed R:R are one of those myths that needs to DIE !! you never know for sure how much the market its going to move in your favor.. period; the only thing you can aim its when you place a trade do it with a very high % of probability that the price ...

Risk Reward: 1:1, 1:2 or 1:3

False.. not knowing how to trade its what blows an account

Money Management, Please help.

Renko its easier visually to understand and follow and therfore easier/simpler to process to your brain (wel,, for most people lol) put the odds in your favor, if something its "complicated" to you and there are other ways to do it.. try them !! ...

Money Management, Please help.

At the beggining, number wise, yes you can see it like that BUT i mantain that % per trade forever and more often than not the "small" trading account has surpassed the "savings" account capital and even then i never drop down the % per trade.. so ...

Money Management, Please help.

The only advice i could give to "rookies" its to learn how to trade FOR REAL, no indicators and all that crap, the basics in what too look for, the ideal conditions and thats all.. no bandaids or crutches, just raw basic trading mechanics How could ...

Money Management, Please help.

Its VERY hard to look for them when you mix price WITH time in the middle since no 2 consecutive candles are the same ever (well almost but you get the point). this "randomness" dont let you identify those conditions and exploit them easily over ...

Money Management, Please help.

People "play" this game waaay to much on the defensive side because they DONT KNOW how to trade and they are never sure wtf could happen once they place a trade "play to win" its once you know what you are doing and the hit rate you PLAY the odds in ...

What does your trading philosophy mean? How important is it?

Play to win, nothing else matters !!!

What does your trading philosophy mean? How important is it?

The lack of experience its clear on this post.. that or the "need" to argue just for the sake of it without knowing about the topic (same thing really just with the ego in the middle)..

Are trading costs the main reason of losses in trading?

No, you got it wrong; first its either spread only OR spread (a tiny one) PLUS comission its your cost to trade (depends on your broker of course).. there its no "slippage" or extra crap*2/233+658 +a/b you are overthinking second: those "cost" you ...

Are trading costs the main reason of losses in trading?

The "Fear" of risking "too much" wich 6% its NOT (lol) came from the fact that the average trader doesnt know wtf its going to happen when the trade its placed !! they dont know why they placed in the first place, they dont know how to manage it ...

Money Management, Please help.

Oh... i thought you were using ATR to find the "proper" renko box size; if you use it for something else its cool then, but just dont use it for the actual renko block size, its a dumb and noob aproach that will rekt your account sooner than later ...

Lets Automate a Simple Renko Strategy!

I few pointers for anyone trying to trade renko on indices: 1.- its NOT "pips" its "points" and yes the size of the bricks can "look big" but the decimal its included thats why it seems to be "big" (doh) 2.- ATR will mess up the renko charts because ...

Lets Automate a Simple Renko Strategy!

Yes its the same size in pips PLUS the cost of the trade of course (if you dont include that then its not a true 1:1 return.. VERY important); it depends on the size of the bricks im using at the moment of the trade

Do you really need that much to start?

Mm yea i guess there its a lot of people that are masochist and still like EU brokers LOL Anyway, i dont think in periods of time but in valid trade setups whatever "time" they take to show, sometimes there its a trade daily for a whole week and ...

Do you really need that much to start?

No offense but who STILL have an account with a european broker?? makes no sense whatsoever! i closed mine and opened a new one in australia: same leverage as usual, and no problems at all.. of course do your research first i trade for a few months ...

Do you really need that much to start?

The conditions that, when they show, are telling me to place a trade because there its a huge probability that the price will move in the expected direction What people like to call "rules" that they expect to give you an "edge" with a degree of ...

Scalpers - How to determine the best instruments for scalping?

My broker its 0.2 with comission in average except when news are coming (it gets to around 1 pip) but i dont trade in those conditions anyway.. in your software options turn on show bid AND ask price so you can see the "size" of the spread and try ...

Scalpers - How to determine the best instruments for scalping?

With time based charts they all move the same regardless of the "timeframe" they are fractal by nature; the only thing "different" its the size of the spread/comision (you can easily check it by displaying both bid/ask lines) thats it.. oh and that ...

Scalpers - How to determine the best instruments for scalping?

There its TONS of instruments to trade, from full on fundamental based if you are into that way of trading (like oil) to soft comodities, to stocks, indices, etc etc.. and thats not even talking about time or price blocks.. There is not "volatility" ...

E-micro: The spot forex killer?