usually the looser dont have a plan or have very weak hand. dont worry the price will take care of you and shake you up with a loss. usually the guy will buy because he cant stand not to buy. say when price goes crazy fast up. (am i missing a once ...

Are there any successful Traders in Forex Factory?

the market like to hypnotise you. first let setup the trap. then you commit to a trade now, the price can work on you you stare and stare at the chart. the price got you. then somtehing goes wrong and the basic panic mode kicks in its what the ...

Are there any successful Traders in Forex Factory?

the market will punish the basic behavior of human it will punish your natural way of handling the loss (dont want to loose - then dont close) it will punish your natural way of handling the gain (scare the market goes against me - better close for ...

Are there any successful Traders in Forex Factory?

so you ask is there winners there and give me your strategy you should ask the permaloosers what did they do to loose. what state of mind. what money management. and do the opposite

Are there any successful Traders in Forex Factory?

as i see many trade explorer on ff that bleed their account slowly by surely. (oh my if you could only press the opposite button when you make a trade you would be rich already) this proove the option 1) market non random the study was made on 15000 ...

Are there any successful Traders in Forex Factory?

secondly as the herd behavior is concentrated in a certain area (think the bell curve) the majority always loose in the market the guy that think different has a high probability of winning doing the counter gut feeling. if you want to win trade the ...

Are there any successful Traders in Forex Factory?

so 14.2% of the loss is due to commissions that means that for a commission/spread of about 2pip the loss is on average 14pips so you have a bunch of perma looser that loose on average 14 pips why not gather them in a website and trade the opposite. ...

Are there any successful Traders in Forex Factory?

now for the most intersting part: (in french) A partir des données collectées, les services de l’AMF constatent que les montants prélevés par les intermédiaires (frais de financement et commissions sur transactions) n’expliquent qu’une part ...

Are there any successful Traders in Forex Factory?

but there is still about 121 people that earn more than 24000euros PER YEAR on 4 years

Are there any successful Traders in Forex Factory?

so how many people win 2000euros PER YEAR on 4 years ?? on the graph it seems you have only 180 people on 15000 than win this !! how many people win 10000euros PER YEAR ?? i cant even see on the graph, must be 10/20

Are there any successful Traders in Forex Factory?

- for most traders the average loss is 1843euros - but the average loss for all traders is 10 887euros so you have people that bet big and loose a lot. i give the detailed study by the amf (in french)

Are there any successful Traders in Forex Factory?

I want to put once and for all an end to this random market / edge / is anybody win in this market in the long run. the french regulator made an audit on 15000 retail customer forex accounts for 4 years and published the conclusion in 2014. in short ...

Are there any successful Traders in Forex Factory?

thank you for the infos BobbyStar. I think i will open an account with a limited capital and see how it turns out.

Best Broker for Extreme Scalper - When Spreads Matter

my mistake BobbyStar you are right they have an average of 0.4 pip like you said. I am in the process to find another broker as Oanda doesnt suit my need regarding my scalping strategy. I was considering icmarket but with the SNB event, I dont think ...

Best Broker for Extreme Scalper - When Spreads Matter

I read on forexmagnates that oanda is a market maker you can see that in strong volatility they widen the spread and it stay wide very long like there is a program that hold this. I do have an account with them and I am not so satisfied by the ...

OANDA Discussion

there is a new trend of low commission stp ecn brokers the problem is that its hiding the fact that they apply a crazy spread basically for tickmill on demo platform: - they charge you 0.2pip of commission per side (0.4 totally) - but they apply a ...

Best Broker for Extreme Scalper - When Spreads Matter

Interactive brokers is really great, and i'd love to trade with them they have a commission that is equivalent of 0.2pip on EURUSD for each transaction but the problem is that they charge you a minimum of $2 per side of transaction (=$4 opening and ...

Interactive Brokers live spreads

with the mentionned parameters the statistic for winning trades is as follow: 0.19% chance of winning with a difference of 9 trades before your account go to 1cent 28 trades average to go to winning 20520$ average gain for the winning cases 25600$ = ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

sorry for my english i didnt mean to have 9 winning trades in a row. I made some simulations with random entries with the following parameters: - 50$ starting capital - 1.2pip commission + slippage - 50pip stop - 100pip target - stop trading when - ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

my 2 cents on this method: The concept seems very promising. But if you takes into account the commissions with a huge leverage like this, the method works only if in few trades you succeed to align 10 positives trades more than the negatives. The ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest