- Search Crypto Craft
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pemully replied Sep 23, 2013its light years ahead of mt4....try demo version and see.
is cTrader recommended?
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pemully replied Sep 17, 2013his results currently are worse than random. he should consider reversing his entries or find out if his stops have become too small or target too far away in the current volatility.
The Trader Behind the Trade™
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pemully replied Sep 17, 2013@mapleleaf have you seen goldenmenbers journal? also I know several guys here which showed me their accounts when I questioned if any member was profitable a while back.
Here's the answer to "Can I make a living from forex"
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pemully replied Sep 17, 2013I will open a $100 account and risk 12%.Will be withdrawing half the profits whenever I double the account.
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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pemully replied Sep 14, 2013we've been there and haven't found anything worthwhile in divergence.The statement that 98% of the things that look good on a chart don't work seems trus.A quick backtest/simulation will dispel the myths.
Learning How to Spot the Correct Divergence... Beginner Inside
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pemully replied Sep 14, 2013did you see that move on the rupee,MXN? i caught part of that and it saved me from my troubles.When you are netting 20R+ on mega-trades like these the spread becomes almost irrelevant.I haven't seen trades like these occur on majors several times a ...
Hard Way, Easy Way
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pemully commented Sep 11, 2013oscillators are worthless
How to Confirm Your Trade with Oscillators to Prevent a Trading Traps
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pemully replied Sep 11, 2013FSA is best.London is the finannce capital of the world.Worldspreads customers were made whole pretty fast while the CFTC(USA) basically told fx clients of PFGBest to go screw themselves.
Whats the difference - FSA/FSC (Financial Services Commission)?
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pemully replied Sep 11, 2013automate your position sizing and dont look at your PnL on a daily basis.The less frequent the better
Emotions (money management)
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pemully replied Sep 11, 2013From my experience most retail traders try to pick top and bottoms.Just look at myfxbook/oanda/dukas sentiment ratios.when positions are 3:1 biased long the markets invariably continues selling down and vice versa. The trick is to avoid trading the ...
Hard Way, Easy Way
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pemully replied Sep 11, 2013lose small consistently and wham! make it all back and some more with a big winner. THIS IS EXACTLY THE OPPOSITE OF THE WAY 95% of retailers trade.this is the edge freely available for retailers coz big banks can't accept that volatility. just look ...
Here's the answer to "Can I make a living from forex"
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pemully replied Sep 10, 2013I am a swing trader and yes im not profitable every month but so far profitable every quarter.I have had my challenges especially this August where I collapsed under the weight of drawdown but my system clawed out of the hole and would have been ...
Here's the answer to "Can I make a living from forex"
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pemully replied Sep 8, 2013that forman dude is whack. There is enough research on the net that shows about 2% of daytraders make money with less than 1% making enough to justify trading. I have never seen research done for swing and trendfollowing traders.
Is Forex reliable?
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pemully replied Sep 8, 2013I did study mapleleafs and mingarys posts a while back to discover how they got so pessimistic. Both lost significant amounts.2k for maple and 200k for mingary. mapleleafs aha moment came after he saw the research stating 99.6% lose.back then he was ...
Here's the answer to "Can I make a living from forex"
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pemully replied Sep 7, 2013what prophet mapleleaf is doing is like going to those fanatical church and proclaiming that none of them will enter heaven. a waste of effort surely.
Here's the answer to "Can I make a living from forex"
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pemully replied Sep 6, 2013wait, he is solving a math problem.
A basic holy grail trading system thing
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pemully replied Sep 6, 2013....its like examining your own shit in hope of finding gold nickels.
95% traders go broke, only 5% survive
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pemully replied Sep 6, 2013daytrading was the real thing, traders of his calibre don't set foot on FF no more.I see you have Hanover on your ignore list,its like blacklisting Santa Claus on Christmas. be serious.
The VIP Traders List
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pemully replied Sep 6, 2013I read in dark pools a special type of order that's unseen,and is given priority over other order types ( limit) basically the algos can never lose coz they always offset their losses by being in front of the queue.They play for B.E or for ...
Could this be what HFT's are doing to the market?
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pemully replied Sep 6, 2013any system without the ability to net 10R+ trades. There is no known long-term(10+yrs) profitable trader with a win rate of more than 61%.
Could you share with me the worst trading strategy you know?