Markets move but not in a straight line. If it did we will all be rich.

has anyone EVER seen a successful trader/trading system?

The trick I have found is how to stay with the trend and not getting faked out of it.

has anyone EVER seen a successful trader/trading system?

I think becoming successful in the markets is like striking oil. A very rewarding but remarkably impossible task. Most investments go under water. Similarly in trading most ideas fail, atleast partially. I developed alot of EAs, mainly trend ...

has anyone EVER seen a successful trader/trading system?

Are you sure? Take a other good look at your chart. E.g look at the 4H chart.

EURUSD only

Market slowly warning bulls.

EURUSD only

Well what I can take from this is that successful forex traders don't exist. Atleast not in this forum. Cause since this thread was posted all people do is talk. The originator of the thread has his answer I guess.

has anyone EVER seen a successful trader/trading system?

4340

What's a realisitic profit factor in forex?

It's my total wins divided by my total losses.

What's a realisitic profit factor in forex?

I had all this at a time and I failed because I had unrealistic expectations. Systems can break even for more than a year. It's hard for most traders to grasp that. Unless you understand this, you will always fail no matter the edge.

has anyone EVER seen a successful trader/trading system?

I get you now, sorry for the misunderstanding.

has anyone EVER seen a successful trader/trading system?

You are not going to make a profit every month trading. That is if you do it right. You can push your risk to the right side but that's not an advisable strategy. People don't like to hear this and prefer believing in fantasy. You wont make money ...

has anyone EVER seen a successful trader/trading system?

Hard to escape stop hunting these days. A tip I can share with y'all is to look at your trades and see how often it moves in your direction after haven taken your stop loss.

Successful traders are very, very rare to find

moreover all those defending that it is possible are unable to show a live account not going from left to right.

Successful traders are very, very rare to find

Yeah you probably right about the 50/50 plus commisions. News is the only non random thing about the market also . But I dont think slippage is a problem, or that brokers are out there to get you. I think you should have a superior view about what ...

has anyone EVER seen a successful trader/trading system?

Exactly my point that the distribution is not normal according to my observation. The average loss in these accounts should have been may be -10% a year, but the reality showed way larger figures. So, the markets might not be random but design in a ...

has anyone EVER seen a successful trader/trading system?

I've been around for 7 years now and have watched hundredths of losing accounts. My experience is that all of them lost way more on average than the spread will suggest assuming the market is random. Which by itself might indicate that money can ...

has anyone EVER seen a successful trader/trading system?

You need to realize that you are competing. In a real business how much margin do you expect to make on every item you sell. But in forex you come and want 100, 200% margin. Be realistic, randomness in the market is actually alot more than you ...

has anyone EVER seen a successful trader/trading system?

How can you find something that doesn't exist.

has anyone EVER seen a successful trader/trading system?

Yeah, it's not easy. There is something called time in drawdown. What I found is that, the strategies that work also tend to spend the majority of their time in drawdown. For short term strategies because of the added burden of commissions. Can be ...

has anyone EVER seen a successful trader/trading system?