spread is the number of pips that you want to allow to pay (bid/ask) for the exchange. Think of it is "adding onto the stoploss for a sell or getting that much less at the end when you close a buy. Also, you want spread protection built into your ...

Automatic trading systems

agreed... also I think with most coders - . They code what you tell them - but ea's need a lot of tweeks before getting something that makes/adapts to market sense and not just indicators which are not really usable. You have to code "what" you ...

Automatic trading systems

eas can work fine. You just need to think out of the box. I wouldn't even trade without ea as I think of this as a game that is to play .If your in trading to get rich quick - you probably are in for a surprise. I would learn to code or don't bother ...

Automatic trading systems

thanks for the ea! you can learn a lot from this type of trading. The only issue is when the reverse doesn't reverse and then you find out what type of balls your made out of.

Reverse6

Ha Ha ...more repainting .. love it. They ought to ban all repainting indicators but how would these charlitans make any money!

Sharing my Trendsingal V2.0 indicator

I think you would want to see if it puts in a bottom before going long. You still have a ll and lh behind it before new information....Chances are it will sell off -stall- and then turn to go long. Just my impression. To go straight up would be odd. ...

Mastering the Art of Trading

Let me know when you become a billionaire or something. What a waste of time. So I guy takes calc and thinks he's a genius...whatever.

A basic holy grail trading system thing

Tough week? You must not be trend trading. This week was easiest in months. Lot of straight up and straight down.

The Certified Zen System

Ha ha smooth move.. there is a little luck in this business but the other 99% is skill. You will find that out very fast.

Gifted Traders?

I agree... Its a rough business. Can you get rich, Yes. Is it easy- no. Been doing it since 2005 and cant' say its been easy......Your looking at a human emotion in a chart trying to figure out the next direction.

Traded three years - Not profitable

I can give a thousand reasons because I had everyone of them....Well, there are a thousand reasons why you fail. You can't have any weakness.

Why are most of the traders here failures?

forex isnt a scam...but it does perplex me sometimes why I cant get my ea to take a trade when on demo it takes it like no ones business. ..hmmmm......I do think some of its manipulated...Also, the market does seem to go all over the place at times. ...

Forex = legal scam

You are correct. lots of examples....They say smokers use up health care. Not true, non-smokers live longer and use on average about 150k more in health care during their lifetime. They say if they raise the price of cigarates, people will smoke ...

The 95% of losers, it's true?

You also need to evaluate where you are at in relation to skill set. (my opinion)

Do you believe in forex?

88 is better or 34 or 50 or 25 lwma. HA HA ...maybe, Just start with macd ...You know, up and down !

Can anyone recommend a good daily indicator

. ITs weird in that the market just goes where it goes --- no rhyme or reason but trends always begin. Been at it 7 years by the way.

Do you believe in forex?

so true swissy! Great post...

Desperately seeking a good DAILY Trading System

I am sorry you cannot read nor comprehend the first post by The7! .....Maybe, some 8 year old could help you learn to read. Hooked on reading phonic's ? Better yet, maybe all the traders can chip in for you for a basic course. They could walk you ...

The7 Trading System

maybe try craigs mm blog to afford to get some of that weed back!

The7 Trading System