yeah let's not act like religious authorities... " if you want to be succesful, do this.. only this works BLA BLA" . sure.. I'm stupid and you invented the wheel.

How successful are you?

FX trading is just too risky, time consuming... GIVE UP lol

has anyone EVER seen a successful trader/trading system?

yeah lots of hard work. but i don't see "failure" as a problem... I mean failure is just in our mind. we survive and learn lol

has anyone EVER seen a successful trader/trading system?

what do you mean ?

has anyone EVER seen a successful trader/trading system?

I'll be back

has anyone EVER seen a successful trader/trading system?

I traded major SR breakouts..

has anyone EVER seen a successful trader/trading system?

simple PA.... simple indicators... always the same problem: negative slippage.

has anyone EVER seen a successful trader/trading system?

yeah good mm and all.. DD was "just" 30% by risking about 3%/trade, low frequency of trades. the problem was slippage as I said...

has anyone EVER seen a successful trader/trading system?

well, if I see 10% return over a two years period... I give up. maybe I'm missing something, that's why I was asking.

has anyone EVER seen a successful trader/trading system?

I guess the problem is that TF is too popular.

has anyone EVER seen a successful trader/trading system?

I spent like 4 years coding, backtesting, optimizing trend following systems and two years forwardtesting them.. all this for a shi**y 10%. slippage was insane. if you say it works I believe you.

has anyone EVER seen a successful trader/trading system?

so are you using some TF strategies that still work in 2020 ? it seems to me that TF doesn't work that well on FX/metals anymore. maybe I'm wrong... do you have a myfxbook or fxblue account ?

has anyone EVER seen a successful trader/trading system?

you have guts mate... $6k account and no sl. I would not do it with more than $200. I also use no sl on a 20k euro account... but I trade only blue-chip stocks.

Trading with no stop loss

so what are the pros of using no sl ? obviously, you generate a lot of volume = good for volume rebates and if you get lucky... you will skyrocket your $50 account. luck exists ok.

Trading with no stop loss

with an EDGE you win WITH or WITHOUT sl... newbies don't get it JJ. I think no sl can be good as long as you split your investment and withdraw regularly.

Trading with no stop loss

if you say something on their threads 10 more newbies will come and post some motivational stuff. what you gain is just a huge amount of stress IMO. only some serious meditation helped me in this journey.

The Finance Book Club

I mean worse because thousands of newbies act like they are successful.. ignoring reality, not to mention the risks.

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btw I think the worst "gurus" are are those who actually trade, especially FX or penny stocks and give advice on forums. at least brokers and their gurus give you risk warnings.

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these gurus exist and will always exist because the mother of stupidity is always pregnant. here's a good example: image

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