Of course you do. You're purposely making sure your account is low by making small withdrawals so that way you won't have a couple million in a few months. I'm amazed at all of these excuses. All of that does not matter. How would slowly ...

I've figured out why so many people lose money in Forex

No, roulette is a good example. It pays 2 to 1 if you get or black or red, it only pays 35 to 1 if you pick a number. It's possible to predict where the ball will probably land land in roulette, however you would have to know exactly how fast the ...

High leverage vs Low leverage

That's not my argument. I'm making a distinction between trying to predict 5 minute ticks and 1 month ticks. I can't really predict if a gambler will gain or lose money after gambling for 10 minutes at the casino, but I can make a good prediction ...

I've figured out why so many people lose money in Forex

HFT have snapshots for the past 20 years of every tick and make trades in milliseconds. You're only looking at a few snapshots and taking seconds to make a trade. I can look at what the roulette wheel spinned and determine if I was right or wrong. ...

I've figured out why so many people lose money in Forex

Where's your millions if you've been gaining 937.50 pips a month for 3 years? If I could go back at see that a ball on a roulette wheel landed on black 65 times and red 35 times for the last 100 spins doesn't mean that betting on black is a winning ...

I've figured out why so many people lose money in Forex

If you bet on black and win 70% of the time in roulette... My assumption of a 50% win rate has justification, yours doesn't. If you had a 70% win rate pip wise, you would have billions by now. If I can't teach you a lesson, the market will do it for ...

High leverage vs Low leverage

Leverage increases the randomness and volatility of a trade. Why would my 10% win rate not be accurate? What should it be at and how do you know? A 5% loss requires either a 5.26% gain to break even or an increase in leverage of 5.26% to break even ...

High leverage vs Low leverage

10 pip s/l?? Of course you're going to lose your entire account with a 10 pip S/L. All of your money is going to be lost on trading costs and leverage. A 10 pip s/l will trigger 9 times for every 100 pip move gained. What is the ROI needed just to ...

High leverage vs Low leverage

You never need more than 5x leverage. The reason why is because theoretical ROI goes down way too much to justify more leverage. If there is a 100 pip move, your 1:500 is left with $200 while your first account will still have $500 left. You might ...

High leverage vs Low leverage

Yes really. Why would you think different? If making money was that simple then HFT could employ those tactics until there was no longer opportunity. Dividends and asset growth. You'll likely lose money if you buy and sell stocks within short ...

I've figured out why so many people lose money in Forex

Ok, now that you're 29 you've had TONS of opportunity to make money in Forex. What's the TOTAL amount lost or gained since you started? Every live account combined. You should have at least a million in gains and equity. If you don't have a million ...

I've figured out why so many people lose money in Forex

I don't know since you've omitted the volatility of the trades. The higher the volatility per trade, the faster the account will bust. However an account making 400x equity positions shouldn't last longer than 100 roundtrip trades in most cases.

I've figured out why so many people lose money in Forex

All incorrect. It doesn't matter if your price target is larger than your SL. If your price target is 100 pips and your SL is 50 pips, what will happen is that the SL will trigger 66.6~% of the time while your price target is hit 33.3% of the time. ...

I've figured out why so many people lose money in Forex

Back to the flipping a coin example. If the ECB does something, sure that will immediately move the currency market. However just as you shouldn't know what the outcome of a coin flip is going to be, you won't know what the ECB is going to do with ...

I've figured out why so many people lose money in Forex

Actually bots can analyze a press conference and make money off of it. url In fact, it's the reason why most stocks will go up or down instantly based on an earnings release or an interest rate change by the fed. Even feed from Twitter or CNBC TV ...

I've figured out why so many people lose money in Forex

For short term traders, they make money due to random chance. If a trader makes 550 good trades out of 1000 total, with an average gain and loss both the same pip wise. Does that prove that the system that the trader was using actually works? No, it ...

I've figured out why so many people lose money in Forex

Correct, so now you need to determine just how much you would have to beat the market by just to break even. How much you need to be right changes based on how many pips each trade is. If you're making Forex trades purely based on price action, then ...

I've figured out why so many people lose money in Forex

That's correct. However I can still analyze what would probably happen if someone were to trade Forex. My calculator isn't perfect but it's still very accurate in determining what would happen. In this example, I assumed the trader had one position ...

I've figured out why so many people lose money in Forex

Totally agreed with that. Forex would be boring with 1:1 leverage. Even the stock market is more volatile. If however you're someone like Soros putting hundreds of millions in Forex then 1:1 leverage would sound exciting. 1:1 leverage doesn't just ...

Best forex market strategy or theory I should use?