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- Rennaissance replied Jan 20, 2020
The slowness of this market is just driving me mental.
EURUSD only
- Rennaissance replied Jan 20, 2020
All forms of investments are speculative. Life is speculative by definition. I m sorry but unless you are buying an index fund, you are speculating. Picking winning stocks is not different from forex trading. It's trading. All market participants ...
has anyone EVER seen a successful trader/trading system?
- Rennaissance replied Jan 18, 2020
For me all gurus are charlatans full stop.
What works, and what doesn't
- Rennaissance replied Jan 7, 2020
Experience, years of experience.
What increased your probabilities as a trader?
- Rennaissance replied Jan 7, 2020
This is not enough data. 30 trades is statistically insignificant to draw any conclusion whatsoever.
Do you make a living trading small timeframes?
- Rennaissance replied Jan 3, 2020
My stop is 20 pip, so and 8 pip slippage is alot relative to my usual stop. Lucky for me it happens once in a while. It will have been impossible for me to make money.
EURUSD only
- Rennaissance replied Jan 3, 2020
Not loving it, had an 8 pip slippage against me. That's the most I have had ever.
EURUSD only
- Rennaissance replied Dec 31, 2019
Couldn't be more wrong. Its 90 percent statistic and 10% mental. Psychology only helps in sizing up your bets and being braver.
To be successful... cut out the noise
- Rennaissance replied Dec 30, 2019
Yeah , because humans trade commodities and animals trade currencies! As far as I know humans are behind all markets. And humans move in herds.
has anyone EVER seen a successful trader/trading system?
- Rennaissance replied Dec 29, 2019
Very hard but nothing Is impossible.
has anyone EVER seen a successful trader/trading system?
- Rennaissance replied Dec 27, 2019
The less trades you do the longer the time needed to prove consistency.
has anyone EVER seen a successful trader/trading system?
- Rennaissance replied Dec 27, 2019
I prefer over number of trades. Someone that makes 5 trades a year cannot be compared with the one that made 1000. Consistency means not giving back what you have made. A trader that makes money every 30 trades, I will say is consistent.
has anyone EVER seen a successful trader/trading system?
- Rennaissance replied Dec 26, 2019
I personally wouldn't recommend the system, more than two years in a drawdown. The thing is the frequency of the trades. If it is two years drawdown but you only took 50 trades during that time, that's a different thing. From the stats the strategy ...
has anyone EVER seen a successful trader/trading system?
- Rennaissance replied Dec 26, 2019
Good strategy, can be better for sure if you trade it on higher time frames. The commisions are really eating into your bottom line.
has anyone EVER seen a successful trader/trading system?
- Rennaissance replied Dec 26, 2019
You need an edge, randomly cutting losses short doesn't improve odds of success. E.g You need to buy and sell at points where there is a high chance of one thing happening over another(preferably 70% ), then you can improve with risk managment.
Successful traders are very, very rare to find
- Rennaissance replied Dec 26, 2019
Not that simple. if it were we will all be rich. You need to know one or more things.
Successful traders are very, very rare to find
- Rennaissance replied Dec 24, 2019
There might not be any secret. Those that are successful are not so because of some fancy method. They have just acquired a mental framework about the markets that the rest haven't. They have simply learned to lose, that is the primary skill of ...
Successful traders are very, very rare to find