Hm.. I think you hate it because you expect too much. Option 2. At first, expect low, really low. Im a noob but I still expect nothing spectacular in the beginning.

I hate forex - the truth about gains in Forex

Check the thread "no brainer trades". The owner of the thread has a 90% success rate. But, it will take some experience before getting to that level

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

Thanx. That is what I was expecting. I myself also don't like looking at 5 and 15 minute charts.

No Brainer Trades

Hey For all those of you that have been following this thread for a long time, I was wondering, when BRV says he gets over 90% accuracy, does that figure include the trades off 5 and 15 minute charts? Or is that level of accuracy achieved only on 1 ...

No Brainer Trades

Its alright! I did it all just for the heck of it. I am not following that template in real life. Its just interesting though.

5 Times Leverage, 2% Risk Per Trade Can Make You Rich

I hope you read my first post in its entirety especially where I said "I am not over excited at all". I know 40 pips a week for 10 years is not easy. Not just that, even crossing the road safely for 10 years each and everyday is not a guarantee. ...

5 Times Leverage, 2% Risk Per Trade Can Make You Rich

Did you backtest manually? or does the platform find s/r automatically?

No Brainer Trades

I think we're both right. You're just seeing it a little differently. Because what I did was to keep the weekly profit constant. So for example, on a 10000 account, it will be $200/wk for the entire year. (2% of 10000). For year 2, it will be $408 ...

5 Times Leverage, 2% Risk Per Trade Can Make You Rich

Hm. Maybe because my calculations are based on 40 pips/week with 5 times leverage. I assumed that would automatically mean 2%. eg if you have 25K. 25000 X 5 = 125000 125000 X 40 pips = 500/week---this is 2% of 25000. Basically its 104% per year for ...

5 Times Leverage, 2% Risk Per Trade Can Make You Rich

That's pretty impressive if you can make 10%.

5 Times Leverage, 2% Risk Per Trade Can Make You Rich

True. I dont claim to be right 100% of the time neither do I say its easy.What I said wasn't meant to be taken literally. I was trying to say trading is not rocket science. Its not easy but it certainly is not rocket science like certain people make ...

5 Times Leverage, 2% Risk Per Trade Can Make You Rich

I dont remember my last trade that never went positive before going negative. So I dont know how 1 pip a day is difficult lol.

5 Times Leverage, 2% Risk Per Trade Can Make You Rich

Hello Jaywalker, The only reason I said I dont want to hear certain things is because some people are really quick to criticize unconstructively, blaming things on my newbie-ness. I am all open to constructive criticism I have read your posts ...

5 Times Leverage, 2% Risk Per Trade Can Make You Rich

Check my thread out, I ran my own calculations that are pretty darn reasonable. Tell me what you think: url

Is 5% profit per day unreasonable?

Hello everyone — One thing on my mind was that sometimes when you take bounces in the opposite direction and get stopped out, is it a good idea to take that as a break and go in the original direction? Because sometimes I get stopped out and ...

No Brainer Trades

That is amazing. What stop loss/take profit do you use ? And which time frame do you use to find these support resistance levels?

No Brainer Trades

I am thinking long at 1.3100, given it reaches there. Since that area was previous s/r. But Im not sure how much more up it can go. Any ideas?

EURUSD

What is the closing time for the day for this strategy? The orders that I come up with (10 day low/high) are not even close to what I get in the free newsletter.

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!

Hi I placed fractals on my charts and saw that when the fractal was pointing down, price was going higher. And the opposite for a fractal with an up arrow. So is an "up" fractal one that points up and vice versa for down fractal? Thanks

Low Draw Down Fractal System