Thank you, Mr Lopez, for taking the time to post at FF.

Trading Psychology: Mistakes in a Trading Environment

Martingale (or any progressive sizing method) increases risk of ruin without improving expectancy. Ultimately the result comes down to the edge provided by the strategy, and consistent sizing will achieve the same result, without the need to play ...

The anwser to that question "The secret of not losing anything"

Absolutely correct. The response by Euclid (post #87) to PearsonFX's detailed example (post #85) demonstrates why. It's interesting how some people understand the illusion for what it is (e.g. Djmetric, post #90), and some don't (e.g. Daisygirl, ...

The reason why 95% of new traders consistantly lose money

Just found the attached indicator - I think the 'engulfing' settings reflect OBs. It has alert facilities. Also, you might like to check out: -- link to 1,000 MT4 indicators here, also here; -- and the following links here (click on A, B, C, ... ...

Simple engulfing bar indicator

The attached indicator - which I wrote a long time ago - will highlight OBs (and much more), but somebody will need to add an alert to it. It plots white arrows to highlight outside bars (higher high, lower low than preceding candle), and optionally ...

Simple engulfing bar indicator

Kent, please see my prior post for more info. However, I guess that you probably know most of this already. David

FFcal - Plot News indicator

How to have your own custom events plotted — In addition to news items sourced from the FF calendar, you can have your own items plotted on MT4 charts, by creating custom events (or 'auxiliary data'). Here's how: Press Esc to make the 'F5 ...

FFcal - Plot News indicator

No problem, Bruce, it doesn't really matter where the thread resides. I just thought it was more appropriate in the Programming section, since Plot_News is an indicator. Anyway, looks like the FF admins have moved it back.

FFcal - Plot News indicator

Yes, it's the ultimate proof that both return and risk are proportional to position size.

The anwser to that question "The secret of not losing anything"

I haven't studied Nanningbob's method, so I'm restricted to general comment about grid methods and MM. A method can only succeed in the long term if its entries and exits somehow deliver positive expectancy (greater return than drawdown). A grid ...

The anwser to that question "The secret of not losing anything"

Posts have been renumbered — Just a note: it looks like somebody (an FF admin?) has recently deleted 5 of the early posts in this thread. So any references to prior posts are now numbered incorrectly. For example, when you see "Please refer to ...

FFcal - Plot News indicator

Answer to the question "The secret of losing everything" — There are at least three approaches that are guaranteed to eventually lose. 1. Not using stoplosses, or setting SL very much wider from entry than TP. See post #1. The old ...

The anwser to that question "The secret of not losing anything"

Just wanted to contribute my 2 pips worth to the thread of the year (or perhaps that was 2008, so I'm too late?) The way I see it, unused margin lying idle in a trading account is a complete waste. I have investments that are earning 9%-10% p.a. ...

what's the purpose of an account, anyway?

Download the .mq4 or .exe file, and move it to the ...experts\indicators sub-folder (under where your MT4 is installed). Then exit and restart MT4, to have MT4 recognize the indicator. Press Ctrl-N to open the Navgator, and the indicator should ...

downloading indicators

"Danger, Will Robinson........" — I think what everybody's saying here is "use the search engine" (and check out the 'Similar Threads' area below). There's already been a vast amount of material written here on this topic. Welcome to ...

ROBOTS

Some differences between stocks (CFDs) and forex........ — I traded CFDs (contracts for difference) for several months before I discovered forex. CFDs allow some decent leverage (up to 100:1 on indices), and you can use them trade stocks and ...

Stock market is better

You need much more than positive thinking to succeed long term in forex trading. Much expertise and hard work is also required. The posts in this thread are not necessarily neagtive; they reflect the fact that consistent profit is not easily ...

Stop fooling yourself; There is no system

No offense, but I'm afraid your question is meaningless. Any system with a 5 pip profit target and a 500 pip stoploss will have a very high (probably 90%+) win rate. But then one loss will ambush you. In other words, you need to consider the RR ...

Anyone have a trading system w/90% win rate?

Thanks for your reply — FX-Petra, I like the way that Topherhk88 (back in post #571) has made the clear distinction between "(1) a functioning edge but detrimental losing streak" and "(2) no edge/diminishing edge". As I see it, the first is an ...

Admit it - your profits are based on luck

I totally agree - no mention made of account size, leverage, worst case drawdown, risk profile, consistency, ......

Went live this week for the first time in a while