100% false, completely wrong! ANY trade you take ITS NOT GOING TO IMPROVE with a better "mental" approach !! once its running, thats it: you either placed yourself in the market in the right place at the right time or you didn't.. period; no amount ...

Directional bias in trade planning

Do you see anything wrong with the trades?? with the targets? with the overall result?? Nothing?? because if you wan to copy those trades, let me tell you.. its not a good idea.. watch carefully and you will see why (hopefully)

High performing explorers - exact copies - who is the source?

If the spread its big enough to mess with your targets then yea, but its depends a lot on your broker =)

Neo Renko Pattern Trading

This ea its trying to trade either a recent high/low break OR a small correction formation?? is not completely clear what its trying to do, and in that case, once the "pattern" its clear and established, there are better ways to gain accuracy ...

Neo Renko Pattern Trading

Over time if you always look for trades in the same instrument over and over again, first you learn its natural pace/speed and second you will discover the "optimal" brick size range that works FOR YOU (the speed you like to trade, fast or slow, it ...

Renko Mt5 trading

You need a systematic approach with a proven edge that the price will move in your direction (how much its a different subject).. if you dont have it right now, then you dont have a consistent way of making money trading, you are just getting random ...

Let's be honest-do you like to trade?

interesting.. but honestly i would pass on that offer because i dont need it anymore, i mean trading its boring but i still like it, its just the waiting part that annoys me; Currently im half way of coding a robot the same way I ...

Let's be honest-do you like to trade?

Manual trading, doing it the right way, its boring as hell !! and it doesn't matter what "time frame" you use, what "strategy" you like to use, you have to wait.. and wait, and wait some more until you can finally pull the trigger and move on I DO ...

Let's be honest-do you like to trade?

My account its in axitrader (well known Australian broker); at the begining of this leverage crap they proposed me to move my account to somewhere in the Caribbean IF waned to maintain the leverage (1:400) i did gave the the green light a LOT of ...

WTI Broker with 400 or 500 leverage?

I did the same at the beginning and then a few months later.. then i found out how to READ OHLC with renko and my accuracy and wining trades went trough the roof!! No wicks (High/Low) and you are missing a key part of data that will give you a HUGE ...

Renko Trading Discussion

Nop, not even close!! Also why you feel the "need" for this when renko is symmetric by nature? for a robust trading logic, the pip size doesn't matter and change it wont give you any advantage other than the speed of painting.. Other than adjust the ...

Renko Trading Discussion

Well, for a start im a firm believer that if you can NOT write the specific market conditions that you should have to place trade in a clear, simple and exact way everytime then you are not trading, you are just clicking the buy/sell button at ...

Algo Trading Guide Without Coding: The rookie way

lm using eabuilder and yes! its a LOT more noob friendly than fx dreema by a long shot, at least in my opinion and the free indicator part its awesome, i actually coded (finally did it well xD) my logic into a simple indi with alerts and today i ...

Algo Trading Guide Without Coding: The rookie way

First thanks for those words =) Second, its true that "your logic" sounds like pure perfection in your mind and on paper BUT, once you try and build even a simple indicator out of it, you will see quickly how right/wrong you are, even if that idea ...

Renko Mt5 trading

The fact that its PURE PRICE with no time in the middle! no random sized candles anymore!! every candle/brick its: the same size (visually and pip value), they are symmetric in construction (you will always know where the next candle/s are going to ...

Renko Mt5 trading

Funny i found this thread and somehow i feel the same about trading this days.. And i went for the exact same process you described XD A few tips: 1.- Play with the Renko strengths and pros which its accuracy and precision !! once you start slapping ...

Renko Mt5 trading

Exactly, and thats why, like i said before, you can never be sure how much the market its going to move in your favor; anyone is a fool if he thinks that will make it exactly "x" amount of pips/points/R:R as profit.. period what you make or lose per ...

1:1 Risk/Reward Frowned Upon?

In the long run, you are never going to know for sure how much pips/points in favor you are going to get on any given trade.. period; it doesnt matter how many lines, indicators, or whatever crap you want to believe in, there is not a sure "oh yea, ...

1:1 Risk/Reward Frowned Upon?

I "think" ive tried all the generators there is for the MT4 plataform, at least all the free ones and some of them are very versatile but they all have in common that they either dont refresh properly OR repaints when you close/open the MT4 ...

Renkology