You don’t get it. If you stop trading price but focus on trading liquidity imbalances, you make no money without noise. Its those invalid movements which lack volume or extreme movements with high volume that is profitable to trade. Have you ever ...

The brutal truth of day trading

Yes, we have multiple screens, save time by working as a team to avoid having to watch every pair at the same time. We think fast, don’t waste time by analysing price except for measuring expansion and making instant decisions on finding available ...

The brutal truth of day trading

Hi Timetells If an Algo exists, if an Algo controls price and moves it to points in a chart - it has a memory. I ask does it look back 18 years ago and remember what happened. This is the Algo story that need answering.

Flying Dutchman

Hi Winston I think it’s a lifestyle choice really. I want to work for 3-4 hours a day, turn my computer off and never look at a chart the rest of the day. In that time I have to trade to earn a wage, I can’t wait till tomorrow therefore I must ...

The brutal truth of day trading

Hi GEfx In my opinion, the different is purely in delta volume or total volume. In any H1 candle, the difference between a low value total volume reading and a high value reading is at most 100%. On a M1 candle, the difference can be 1000% which ...

The brutal truth of day trading

Spread is irrelevant if you can find 25 setups on M1 compared to 1 setup on H1. Out of those 25 setups, one or two will be better than most H1 setups you ever see in half a day of WAITING. Trading costs is the fee we pay for very very cheap ...

The brutal truth of day trading

Hi Techanalyst Don't let the wolfs blind you from seeing the truth. An accurate reflection of volume is available for US pairs - All we need is vision to understand what the data means then execute its message. Hope you have a great trading week

The brutal truth of day trading

Hi Joyny I have no commercial interests. Why am I here, because when I help people in Forex factory, I get messages back like this. I have a stack of these on my computer and who else can claim that. These are worth more than money to me.

The brutal truth of day trading

Hi ric You raised the option of trading other markets like stocks and EFT’s, I was just chatting about a current trade I still have on my books. I can either fake 100 lot trades on these forums and claim to make millions every year or I can be ...

The brutal truth of day trading

Hi BWilliams What a load of crap designed to steer you away from a very simple money management plan that provides a regular income. You draw down on capital which gets topped up by your monthly winnings. Think about it. They are selling TRAINING ...

The brutal truth of day trading

Sorry mixedbags, my computer took me to "traderRon" post who used 400 lots on EURNZD. I thought you were talking about that post. Disregard my comments and enjoy your weekend (bloody computer)

The brutal truth of day trading

Because being involved with trading forums has allowed me to meet and trade alongside some amazing people. ITS A LONELY LIFE BEING A PROFFESSIONALLY TRADER My wife, family, friends have no idea what its like - I need some buddies like Zoltan to ...

The brutal truth of day trading

Hi BWilliams Correct, another magic EA that uses 68 indicators, monitored by professionals that works towards 1- 1.3% profits a day and has monthly profits of 7-20%. I bet it only costs $100 for a life time licence. BWilliams - how could I be so ...

The brutal truth of day trading

Hi BWilliams A screenshot of my portfolio to one random person with personal details masked offers little risk to me. The problem in Forex factory is too many traders make here massive claims of profits, but its all bullshit. I will never claim to ...

The brutal truth of day trading

Hi ric I have more funds in stocks then in the Forex or Futures markets. In Australia, dividend's offered by big company's are often around 5% and also are full franked so that's tax free and very easy money. I took half my funds out of Forex broker ...

The brutal truth of day trading

How many do you want to see

The brutal truth of day trading

Please let me know what broker that allows 400 lots on any market? Are we suppose to take this seriously?

The brutal truth of day trading

Hi bilal No He is a raw talent that can see things on a chart most here on forex factory can't see. He would lose his trading edge if he changed his personality, his determined and opinionated mindset makes him a really good trader. He is" ryuryu" ...

The brutal truth of day trading

Hey ryuryu You told me you were having a drink last night but exactly how many did you manage?. Bluesteele is a good experienced trader and we should be taking notice of his quality posts. He is one of the few traders on Forex Factory that seriously ...

The brutal truth of day trading

A great entry creates profitable traders A great exit protects profitable traders. A great trader has already planned his exit before they have even entered.

The brutal truth of day trading