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profitkeeper replied Nov 24, 2017The CRA doesn't care where you earned your money as long as you report the income.
Best Broker for Canadians from Alberta
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profitkeeper replied Oct 16, 2017Why is this not in the commercial section?
Trading Ledger of ForexRoom.com
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profitkeeper replied Sep 27, 2017There are a few Trade Managers that do what you want (mostly paid ones). I sometimes use one from "Market" (which is cheap) called Lot Calculator Tool.
Multiple Take Profit Indicator Or Script Not Using Presets
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profitkeeper replied Sep 21, 2017Ryan, In your favor, price is approaching a significant resistance level on the daily GBPCAD.
The REAL Traders Video Journal, 3-5% per month as a US trader
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profitkeeper replied Sep 10, 2017OK, I'll take you seriously. First of all, it depends on how good and consistent a trader you are. To make a $100 a day, it would require you to make 2% a day (very difficult unless 100% of your trades are correct). Even if you risked 2% a trade and ...
Numbers-wise, what's needed to make $100/day with $5K account?
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profitkeeper replied Aug 30, 2017Interesting discussion. A couple of years ago a member of FF addressed this question with a very convincing argument for daytrading over long term trading. I'll see if I can find it. One issue is Risk management. If you stick with the adage that you ...
Day trading Vs Longer term holding FX
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profitkeeper replied Aug 16, 2017Samer, I don't know how you ever made a trade. I agree 100% with Dukas and Profitfarmer. I have three brokerage accounts - all with different leverages. I can place the same one lot order with each of them and they all turn out the same. You have a ...
Anybody trade with 10+ lots?
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profitkeeper replied Jul 18, 2017Ivanyo: Maybe you were on to something with HA candles. Use HA and just do the reverse of the system - You would have 10 winners in a row!!!
1 trade per week system (Backtesting included)
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profitkeeper replied Jul 17, 2017Why are you using HA candles? Very different with standard candles!!!
1 trade per week system (Backtesting included)
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profitkeeper replied Jun 13, 2017One of the ways that they manage to show remarkable performance is that they never close badly losing trades. Performance of course is based on closed trades only.
Forex Trading Signals
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profitkeeper replied May 12, 2017Well thought out thread, and nice approach. Slight error on post #3 which labels last low as LL and it should be HL. Question: Is the E line always horizontal? I will be interested in how you pull everything together. I did some experimenting with ...
The SETUP and the Chuvashova Fork
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profitkeeper replied May 7, 2017Looks very interesting. In the detail appendix of the PDF it shows a return of approx 5% total in 3 years, which is only about 1.6% a year. Am I reading this correctly? Still I think it is worth following up, maybe with shorter time frames. Have you ...
Detecting Fake Price Movements - Convergence Divergence Indicator
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profitkeeper replied May 4, 2017Are you talking about forward testing, because if you are, one week is hardly enough time to get any reliable results. And what about trading methods which require the total of the traders knowledge to implement.
Welcome to Testing Club, put your strategy to the test
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profitkeeper replied Apr 19, 2017Sorry, I just realized that it refers to max spread
MT4 Trading without GAP and without Excel
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profitkeeper replied Apr 19, 2017I like your dashboard, but could someone tell me the significance of the pairs changing from blue to grey or grey to blue.
MT4 Trading without GAP and without Excel
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profitkeeper replied Apr 14, 2017Hmmmm. I've been trying to figure out a helpful way of replying to this thread, because I was where you are now five years ago. I would say that all the well meaning comments above are probably valid, but I am sure that you are aware of most of the ...
5 years and still no strategy
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profitkeeper replied Mar 21, 2017Very valid point. I have always maintained that pips should not be the measure of a trade. The important thing is the percentage or dollars gained or lost. If you keep the risk constant (e.g. 1 or 2%), it doesn't matter whether you have a 5 pip or ...
Obsolete and inefficient concepts which we take for granted
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profitkeeper replied Mar 4, 2017To go against AiWoz above, I think that % of profitable trades is useful since it gives you an idea of how successful you have been in identifying trades with positive outcomes. Yes, I know that some traders maintain that you can be profitable with ...
Percentage vs. Pips per Trade vs. Pips per Day/Hour!
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profitkeeper replied Mar 4, 2017I think everyone is off track here. Pips on their own are meaningless. e.g. 1. 10 pips (SL & TP) is the same as !00 pips (SL & TP) if the risk is kept the same. The only thing that matters is % gain or dollar gain. 2. I often see traders here ...
Percentage vs. Pips per Trade vs. Pips per Day/Hour!