Because "TRENDS" Doesnt exist just a move from a point to the next one.. You chose the amplitude between the points you are looking for and the accuracy on your entry its whats define the R:R Yes.. a trend doesnt exist, just unbalance in price and ...

What does it mean to trade with the trend - Define trend?

That you lose more than you win because of comissions.. As soon as you place a trade you are negative because the brokers charges you upfront with the cost of the trade (be it spread or fixed comission, whatever) THIS IS WHERE BID/ASK COMES INTO ...

Trying scalping with a 1000 bucks - Scalping is expensive!

if you dont know wth its bid/ask and how the targets gets affected by that you will always gona cry the wolf its coming and the brokers are the bad guys.. this "myth" that you lost more in comissions in the long run needs to end, level up already !!

Trying scalping with a 1000 bucks - Scalping is expensive!

As soon as you place a trade you start negative because the broker charges you the comission/spread right away AND as soon as you are in positive numbers, Whatever profit you end up with its PURE profit in your pocket, you dont get discounted ...

Trying scalping with a 1000 bucks - Scalping is expensive!

100k Day as in total accumulated profits, capital, total withdrawn? you need to be more specific =) Honestly i dont even know if i achieved that number yet (as in total withdrawn), i just trade and withdraw what i make around the 30/40 days mark in ...

How do you come up with new strategies?

Yep.. add the ability to read the price in order to place trades in the optimal place and then how to handle the trades once they are runing and you are set.. but a normal person "this cant be that simple" haha Its that simple.. not easy, it ...

How do you come up with new strategies?

This post above its The text book, perfect definition of how not to think and aproach this activity... This mentality will keep you from making any kind of positive progress And yes, trading its simple, just requires practice and patience to wait, ...

How do you come up with new strategies?

Nice one.. that indicator would be awesome IF the renko "bricks" could show more info; it will kick some serious ass that way!!

Trading RENKO on higher timeframes

Now that you have confirmed it for sure it is, dont doubt it for a second !! Since the renko charts you are using now are flawed, the "time charts" are the one thats saving your ass everytime.. Full circle coming around with bad results everytime ...

Trading RENKO on higher timeframes

Well, actually its simple but its a bit different from time based charts First, be carefull with the "complete loss of time (and thus momentum)" concept, if you need to watch the price moving in order to place a trade you can end being one of those ...

Trading RENKO on higher timeframes

No, this is wrong, money management its not connected on how many pips you can get !! only how much profit/loss you get after a trade.. Reading the chart, the price in itself and what its doing and telling you to decide the best moment and direction ...

20 pips per day, is there anyone can help me?

Why you keep talking about "renko timeframe" ?? Renko its pure price and doesnt have time in the middle!! if you are using those charts where its "1 hour close" on renko then let me tell you that you are going to crash and burn forever Here its your ...

Trading RENKO on higher timeframes

How can someone respond to a 14 year old thread and people just keep it going?? you know whats the best part?? 14 years later the people still are making the same comments and they haven realized how noob those comments are.. Very funny indeed They ...

20 pips per day, is there anyone can help me?

If the price retrace back on you that far you are placing your trades too early! at that point you should be in a position to hit pending orders in the same direction, not losing pips or hitting the break even This again confirms this.. review your ...

Is Breakeven Really a Good Move?

Lets see: 1 full stop, ok no problem 4 "wrong" ?? what exactly this means? did you move it to break even? because if you did it the right way there is no chance you have lost money, unless your targets are messed up (you lose more than you win ...

Is Breakeven Really a Good Move?

its mathematically impossible to have a losing week in the conditions you described IF you really had breakeven trades; do you include the cost of the trade in the BE? And yes, moving to Break even, partial close, trailing stop, compound positions, ...

Is Breakeven Really a Good Move?

EVERY trader its scalping pips from the market (or at least trying), the time used for that or the targets pips doesnt matter.. Why is that?? because the the core foundation of price moves and therefore the analisys its the same and never changes.. ...

Scalp

"Is it possible to start Forex trading without knowledge?" FOR SURE !!! Hell, even tons of people still "trade" without any idea at all, even years later after they started..

Is it possible to start Forex trading without knowledge?

Volume by price, market profile, etc.. they give them several name sto that.. its just a volume indicator place directly on the chart on a horizontal axis, easier to watch honestly Google them with those names and you will find it =)

Help, looking for an indicator