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RickM replied Aug 6, 2020Hi xRedStaRx I will have a look over there as I am a keen student of trading strategy's. While I may or may not not see merit in it personally, I will give it the attention it deserves. Have a great week
Real or Algo
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RickM replied Aug 6, 2020Hi xRedStaRx Got it now. For the record, we don't believe in support and resistance or supply and demand. However saying that, please post your explanation on the subject as this thread could do with some more quality posts. Cheers Rick
Real or Algo
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RickM replied Aug 6, 2020Better for you to remain silent and be thought a fool than to speak and to remove all doubt.
What I learned after losing $300,000 trading forex
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RickM replied Aug 6, 2020Hi xRedStaRx Now I am confused, earlier in this thread you wrote you use supply and demand in your trading. Now you are saying you don't use it? Please explain further.
Real or Algo
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RickM replied Aug 5, 2020Hi pro-trading Just because you haven’t worked out how to scalp the tops and bottoms of a market doesn’t mean it isn’t profitable. At least post like CeeSo did by using the words “at least for me” For the record, trading tops and bottoms is trading ...
What I learned after losing $300,000 trading forex
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RickM replied Aug 4, 2020Hi elvis1 Don’t listen to anyone. Few traders are capable of watching an amount grow to a large amount from almost nothing and not close it early. Those same traders would have brought bitcoin for almost nothing then cashed out at 1 cent. That’s ...
How to deal with big floating profit?
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RickM replied Aug 1, 2020Hi LDFX We must stop meeting like this because my wife thinks I am having an affair as I am secreting typing on the phone too you far too much. Customers?, if you can find any trader on Forex Factory that has ever paid me one cent for any advice, I ...
What I learned after losing $300,000 trading forex
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RickM replied Aug 1, 2020No, I speak of here 80%, I may get 90% but that’s between me and my buddies. 1% is what I said is possible with experience, 2% occurs on special days.
What I learned after losing $300,000 trading forex
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RickM replied Aug 1, 2020And what does it say? Contact either of these people. Do you understand now, they may decide to give you access to a live trading room.
What I learned after losing $300,000 trading forex
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RickM replied Aug 1, 2020No Bwilliams, he couldn't understand a simple message. I trade in a group where we make live calls. Do you have the guts? P.S. I do trade that Sine Wave hint hint
What I learned after losing $300,000 trading forex
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RickM replied Aug 1, 2020LDFX Either you are being smart or stupid, I do not which one. I told you to contact a person for ACCESS to a live trading room where I can show you how to obtain 1-2% every single day. I was not talking about that waste of time FTMO thread - God ...
What I learned after losing $300,000 trading forex
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RickM replied Jul 31, 2020Send you a PM, have a good weekend
What I learned after losing $300,000 trading forex
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RickM replied Jul 31, 2020Only if you join as well. Get your measuring tape out
What I learned after losing $300,000 trading forex
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RickM replied Jul 31, 2020Are you too lazy to have a look at one of my previous posts? 1% is obtainable because you only need 100 pips a day and your trade size can be leveraged to avoid draw down levels rising safety more than a risk factor of 0.5%. If we were attempting to ...
What I learned after losing $300,000 trading forex
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RickM replied Jul 31, 2020Actually it is hard LDFX because as I am a Algo trader as well, I run 8 seperate accounts of varying amounts on top of 4 scalping accounts. One of which is in a FX trading competition which I posted a few weeks back. Have a look at that. Do you ...
What I learned after losing $300,000 trading forex
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RickM replied Jul 31, 2020At least LXFX has something constructive to say, perhaps you should continue your trading journey for a few more years and you may be surprised what you may find. hint - Exhaustion
What I learned after losing $300,000 trading forex
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RickM replied Jul 31, 2020Hi LDXX It means a lot to me as it allows me to trade towards a profit target of 1% every trading session without any stress. Average loss/win rates still mean little unless you understand how to establish the correct draw down levels in ...
What I learned after losing $300,000 trading forex
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RickM replied Jul 31, 2020No, many strategy's that have a edge that only works on one optimized time frame that is independent of market structure. For example a inside bar strategy that is optimized to be traded only during the London trading session has to be traded on a 5 ...
What I learned after losing $300,000 trading forex
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RickM replied Jul 31, 2020Hi Rennaissance 80/20 on the day chart - No chance 80/20 on the H4 chart - Unlikely 80/20 on the H1 chart - Possible 80/20 on the M15 chart - Probable 80/20 on the M1 chart - No problem The bigger question is what do you value the most. A nice 150 ...
What I learned after losing $300,000 trading forex