It's all about the dead presidents. I watch one pair and one pair only (EURUSD), I as a scalper trade 2-3 hours a day, then pack up and enjoy the rest of my day. The guy above is absolutely right, the higher the time frame the more guesswork. You ...

Why even daytrade?

Here is a functional example: Say the tax is implemented with the proposed .1% one way, .2% round trip tax. Say you trade on $100 pips. You need to open a 1M position. The tax on this is 1M * .2% = 2k, or 20 pips. Absolutely unmanageable for any ...

Tobin Tax Effect on Forex

You couldn't be more wrong about this. The costs would trickle down to retail traders. Big banks have a massive amount of people and resources to devote to circumventing and passing the tax on to others. Speculation covers the majority of the FX ...

Tobin Tax Effect on Forex

At this rate it'll take 3 years to forward test it. An EA can be great but it won't matter if it only takes a couple of trades a year.

Trendlord EA Daily System

The system looks good, the only problem I see with it is sitting around and waiting for a signal. Without sending this thread into a complete downward spiral, because this is almost completely mechanical, could it be turned into a simple EA?

BUFU Trend Following System + Account Challenge

Simple, yet elegant. A high probability, and a high R:R. Absolutely beautiful man. I look forward to forward testing your method. I particularly like V2's Fibo tool use for a manual trailing stop. Well done!

1min Tricolour

I wasn't able to open the archive file, and it seems rather unrealistic that 1300 ea's occupy 22kb of space.

1300 ea's help me test

Ah, gotcha. Yeah, that's exactly why I'm going for 30 min or 1 hour. ~100 trades in 3 years is way too little for me. You'd have to crank the pip size pretty high to make any real money, and I don't trust EA's with a whole lot. Have you found that ...

Engulfing system

Those results seem unreal. Obviously because of how smooth the equity curve is, the trailing stop isn't working, otherwise the winners would vary. Over how long of a time frame did it take for the EA to rack up that many trades?

Engulfing system

NT Optimization — Once I get the NT ea working, I can use the optimization tool to optimize the EA for each pair and time frame that we want to use. I don't know if MT4 can do this, but the optimization tool allows you to backtest a range of ...

Engulfing system

NT EA — I think I'd like to throw my hat into the mix. I must admit this EA looks very promising, I've always been a fan of engulfing candles. I can write this up on Ninjatrader, which can give us a lot more options and statistics. As soon as ...

Engulfing system

Scalping — As a fellow scalper I'd like to make a suggestion that might help you out. The majority of the pro scalpers I know (including myself) use LCG (London Capital Group) on the Currenex platform. Spread on EUR/USD is usually about half a ...

Profitable Scalping for the Retail Trader

Gut gesagt, Kamerad! Wir werden dich vermissen. Viel Glueck mit deinem neu'n Beruf!

Phanti's 1-year flashback + guideline for newcomers

You're not delusional, but your strategy needs some tweeking. I, and a lot of people I know can scalp pretty reliably. However, a few things I think might help: - 2 pip spread is MADNESS for scalping, absolutely won't work. You can find good brokers ...

Scalping Reality - Can 5Pip TP Work In Real World

Keep your head down bro, and be safe..

EURUSD

I'm also not bored enough to debate such extremely subjective matters as achievable results. However to me, averaging 1% per trading session in the long run, especially for a scalper, is very modest.

Will I be richer than Bill Gates?

There's a TROLL in the dungeon!!!

Will I be richer than Bill Gates?

You know, you can have an extremely low risk tolerance and still make massive amounts of money. My personal rule is to never risk more than 1% of my account, and with the correct Risk:Reward ratio, I usually average much higher returns. However, you ...

Will I be richer than Bill Gates?