It should work...provided you don´t miss a single trend run...turtles sometimes where making their profit on a single stock....

Just Another Turtle Trading Journal

About 5 banks control more than 50 % of the forex volume traded...you can google the exact figures. They trade for their own pockets, with robots created by the best engineers,...and massive $. Add to that insider information, as to where orders are ...

It seems impossible to make money in the long run

Yes but the EURUSD Rsi stochastic is bullish "(Never trade against the direction of an oscillator in a monthly chart, this is your trend.."

Trading is supply and demand

Agree no RR no stops no trailing no losses?? Account doubled in a couple of months..... Is this dreamworld?

Trading is supply and demand

Interesting system, it´s my favourite oscilator. Summary: correct me if I´m wrong. -Basically you trade discrepancies,(corrections) in the direction of the monthly oscillator main direction. -It´s a trend follower. -The success is based on letting ...

Trading is supply and demand

to begin with it is a s difficult to make 5 pips as to make 500...chances are, you will loose both ways...that´s a proven fact...to add to the odds, 5 pips has a huge relation spread /to gain...meaning, if trading is a business, you are paying by ...

5 PIPS - Only Five

The point is, it doesn´t matter so much,if your start with a lousy 1$, or 50$, the point is to have an edge. If you do, then correct MM, which in my book is POSITION SIZING, and compounding get´s you there...no limits... The next vaiable is the ...

FF "Rags To Riches" Millionaires!

Take 1 lousy dollar, open an account with OANDA bucket shop...where you can trade free from lots.. Risk 5% of initial capital per trade, yes that`s 5 lousy cents. If you make it to double and compound every month, it makes about 16 million in 2 ...

FF "Rags To Riches" Millionaires!

By the way, the bold blue lines are 2,000 retracements, first one is external...second internal.... just my two cents worth...that was a 60 M chart, but the same happens on every time frame... look for extremes

Counter-trend trading

One way of doing this, which I will try, is to: -establish the trend. -measure the external fibos of the last swing, and look for only (or minimum) 1,618 and 2,000 external ones (the most common extremes...). -wait for a fast stochastich (or ...

Counter-trend trading

This one falls into the category - "why does my trade always go for some pips in the opposite direction before it goes in my direction?" Because the big boys run systematically the stops of retail traders, placed on the obvious places, liquidity ...

The possibility of earning 3 to 5 pips a day

Trade with OANDA (not my friends though) Initial capital: 1 U$ (yes 1 lousy dollar) Double every month.... aprox. 16million in 2 years...compounding.

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

How difficult would it be, after the spread has been paid, to get 3to5 pips each day for a year (200 trading days) by either scalping or slightly longer intraday trading the Eur/Usd or Gbp/Usd? Or more likely, 3to5 pips every two days? How ...

The possibility of earning 3 to 5 pips a day

I´m testing the system on H4, looks much better on a backtest....less noise, also cheaper in terms of spread...another advantage is you are a bit safer from news spikes....hope this is usefull for you...

Genesis - continuation

System is a martingale and martingales have a black swan...that one trade that finally does come and breaks it. Also specially on 5 min.: stop hunting is done systematically by the robots....have a look at your stop and reverses, most likely they ...

The Compounding System

[quote=iDoubleStoch;7717990] It is the only viable way for real Traders to trade. A stop loss is a guaranteed loss of potential revenue without the chance for parole on a bad decision you might make where the market reverses and leads to a delayed ...

Trading Without a StopLoss

exactly, much better than scaling out...works good for the fear, but bad for the bottom line...scaling down makes sure, that if you get hit in the beginning, it´s with the full load, but your best profit is only half a load or less...

+300,000% by 2020 / Follow My Journey

You can bet in those last 20 pips they made a great fortune (equity converted to balance, very large positions closed)[/quote] exactly, smart money swallowing liquidity pools, stops etc....it happens all the time in the 5 minutes, but also in the ...

+300,000% by 2020 / Follow My Journey