Hi, OP here. Everyone has their own way of managing their trades. The common teaching is of 1:2 or greater RR. That is the common thinking among the retailers. The common outcome is failure. I mainly scalp the M1 time frame. I also take some longer ...

1:1 Risk Reward Ratio - Why it just makes sense

My vote goes to "something else altogether". Your signature takes people to your website, where you have placed Google ads in hope that driving traffic to your site will gain you ad clicks and thus monetary earnings. You are not simply sharing from ...

why do people share profitable systems?

Trading on a smart phone is not advisable unless it is longer term trading rather than day trading

EURUSD

I'm watching Bernanke's Q+A session. Someone just asked him how he sleeps at night!

EURUSD

This is the thinking that keeps the market liquid for the real traders.

Freebie 1 min trading method

RMRF - This was what you challenged us at the start of the thread. Well I think it's looking like you lost. We tried to warn you. Now you're down over 90% and clinging on for dear life. Please let this be a lesson in how not to trade. You will ...

GBP/JPY Scalpers

Up 50% for the year is nice work!

EA syuk - for idiot trader like me

In my opinion MA crossover systems are for so called teaching schools to "teach" to their students. Moving Averages cross over because price moves. A moving average crossover says "hey look, a while ago price moved". We don't need a MA cross to show ...

Determining randomness in a trading system

I see the thread has been heavily moderated and many posts have been deleted.

Determining randomness in a trading system

Successful methods remain unknown to the majority of traders. Once everyone is using them they no longer work. If everyone used the same winning method correctly how could everyone make money? Where would all this extra money come from? Space? The ...

Determining randomness in a trading system

Ridiculous comparison. You have taken the words out of context and applied them to a completely different subject matter. We are talking about trading foreign exchange, not selling burgers. A better comparison is that of two athletes. One competes ...

Determining randomness in a trading system

Pay attention, traders. This post is one of the most sensible and true posts on this entire forum.

Determining randomness in a trading system

Anyone fancy getting back on topic and talking about cable instead of watching Bones brag about his account balance (which is quite small, ironically) and gold?

Cable Update (GBPUSD)

Hi, you're going to need more than 11 trades to even begin to see if a strategy is working. Even going long when your left arm itches can make money over 11 trades. Test this day in, day out for a period of months and then come back and report your ...

New Pip Pincher Method (PPM)

So what is your plan for if the price carries on down hundreds of pips? When are you planning on closing out for a massive massive loss? Or are you just hoping and praying for a reversal? It may or may not come on time. Do you just hold tight until ...

GBP/JPY Scalpers

Yes HFT is how the big boys make the money and stay ahead of the competition now. That's how it's all going now - smart computer algorithms trading micro gaps thousands of times per day for fractions of pips per trade. Trading by looking at 15M ...

We Are The 1%

Being profitable in the last quarter means nothing. 29% of that 30% could be in positive for that quarter and then in massive loss for the rest of the year. Right now I am in profit if you just take one day's results. For the week I am in loss. Go ...

We Are The 1%

Please excuse my assumption about your first language. Yes it is very tough, like a kick in the balls indeed. There are many thousands of members on this forum and only a tiny tiny handful of them are making a living from trading (and this does not ...

Where to start in this business?

Yes, exactly. I am not trying to be a Danny Downer and spoil the fun, but I have been in this game long enough to know what's what and forex is not what the newbies think it is. Tough love, exactly. Good luck to all of you and I wish success to all ...

Where to start in this business?

It's pretty obvious the OP's native language is most likely English but he doesn't know how, or can't be bothered, to write it properly or at least in an easily legible way. I'm not a ray of sunshine, no. I am a ray of realism. To answer the ...

Where to start in this business?