- Search Crypto Craft
- replaced replied Feb 27, 2015
You should obviously stay far away from Forex if you actually think that. A trader can take out a $400,000 position which decreases to $398,000. According to you, only 1%-2% of equity is at risk because that's the margin requirement.
I've figured out why so many people lose money in Forex
- replaced replied Feb 27, 2015
Hypothetically with 400 to 1 leverage, a trader could turn a mere $2,000 into $0 in 24 hours flat.
I've figured out why so many people lose money in Forex
- replaced replied Feb 27, 2015
The odds of a 50 pip move loss happening is twice as likely to happen as a 100 pip move gain.
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- replaced replied Feb 27, 2015
How much is your account since you've started this thread most than 2 years ago? It should be nothing less than 5 million. Now you want to start a fund?


Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- replaced replied Feb 27, 2015
WTH are you just trolling/joking or are you for real. You're the one making very large assumptions. My assumptions are based on reality. To think that there is a 65% win rate of getting 100 pips right over 50 pips wrong is so out there. GL with your ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- replaced replied Feb 27, 2015
No trading system has worked for anybody because Forex is completely random for short term traders. Risk reward ratio only shows part of the equation. You also have to calculate the odds of losing and winning. The odds of losing your bet is 66.66% ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- replaced replied Feb 27, 2015
You're arguing over semantics. When he said leverage, he probably meant it by the position sizes divided by the amount of equity in the account. Why would it matter if it took a $1,000 allocation or $20,000 allocation to buy stock? Once the position ...
I've figured out why so many people lose money in Forex
- replaced replied Feb 26, 2015
There's a huge difference between testing a strategy and implementing it in real life. I suspect that if the price reaches a certain pip, it counts as a sale. In real life, the price could reach that but no sale might not occur. This happens a lot ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- replaced replied Feb 26, 2015
The calculator does do compound gains. However the probability of having compounding gains to begin with must be taken into account as well. Mathematically, it does not matter. In fact, using stops instead of deleveraging should increase loses even ...
I've figured out why so many people lose money in Forex
- replaced replied Feb 26, 2015
Risk tolerance? This is outright gambling. You might as well take your entire life savings and buy lottery tickets. The odds of getting 9 wins and 0 loses is 1 out of 19861. (my first calculation in the above post used 0.33 instead of 0.333.)
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- replaced replied Feb 26, 2015
Pretty useless to be studying random charts. I don't believe HFT computers spend all day with TA because TA doesn't make any money. There is no evidence / studies that show doing TA will make you a nickel in positive ROI. I can do TA all day long on ...
I've figured out why so many people lose money in Forex
- replaced replied Feb 26, 2015
How does the astute trader make money? How would they profit from "support" and "resistance" zones? I want specifics. Also even if there was any opportunity, wouldn't an HFT be able to remove all potential for profit by placing trades milliseconds ...
I've figured out why so many people lose money in Forex
- replaced replied Feb 26, 2015
There is a fatal flaw in your strategy. It assumes that the probability of getting a win and a loss is the same. It's not. The probability of a currency going down 50 pips is twice as high as going up 100 pips. This means that there is only a 33% ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- replaced replied Feb 26, 2015
How can you determine whether or not it's really a long term trend you're looking at or if it's going to end soon? I don't think that can be done with price action alone. If you look at the picture, it's actually $100 going up or down a dollar based ...
I've figured out why so many people lose money in Forex
- replaced replied Feb 26, 2015
You forgot to include a loss option.
What's a realistic annual return for a professional trader?
- replaced replied Feb 26, 2015
If you've only read a little more of my posts, in the first one I was referencing 20x leverage, in the second one I was talking about 400x leverage. Did you know that you don't get to flip the coin that determines the outcome in Forex? If ...
I've figured out why so many people lose money in Forex
- replaced replied Feb 26, 2015
I think the bigger risk is losing money due to trading and not brokers going out of business. What's your total amount gained/lost (including every single account opened up). Have you kept track of that? Maybe you should check. Why would you bring ...
I've figured out why so many people lose money in Forex
- replaced replied Feb 25, 2015
What you're saying doesn't make any sense. Why don't you risk putting $1,000 on a US broker to make a billion? The ONLY way that you're not going to get a billion is because your broker goes out of business. So because the risk of your broker going ...
High leverage vs Low leverage
- replaced replied Feb 25, 2015
Why wouldn't you leave a little extra in your account so that you don't have to go so highly leveraged? Or do you not have the money to do this? If you're so concerned about your broker going out of business why don't you open a Forex account with ...
High leverage vs Low leverage
- replaced replied Feb 25, 2015
Why would you trade offshore with what you claim to be a 70% win rate when you can trade with a big reputable brokers here or at least a couple different ones and so have large sums of money? Also, why would you trade with just 50 bucks in your ...
High leverage vs Low leverage