Hi Aussi Here is the one and only chart to describe how I see hedging can be successful. First of all, I am amazed traders try and scalp anytime frame about M5, they must be very good and also very brave. I only trade M1 Here is my standard M1 chart ...

"AUSSI" my thread and anything I want to put here

Hi Ced74 You nailed it with the 0.01 size trades and follow up with compounding, that's the best way in my opinion. As for hedging, it only works if you hedge within the same trading session when your call was correct but the markets playing silly ...

"AUSSI" my thread and anything I want to put here

Nice profits there Robot, wouldn’t it be great if it was live. Luckily it did reverse or your account would be gone in a flash with that grid style trading method. I trade in a similar method but take each trade as a seperate position and quit ...

"AUSSI" my thread and anything I want to put here

You don't need to withdrawn profits, just use one of two exit strategy's. 1.. Close oldest trade at set distance, open new trade to replace that order in line with the most recent trade around 800 points (assuming you are trading around 0.5ADR100 ...

The Secret to Success and profitable trading - What is it?

Hi Daniel2775 Yes, I agree Robots are the way forward but we can still enjoy manual scalping for plenty of pips. Why not trade the M1 scalping the crazy GBP action at present while our EA's are mulching away harvesting pips all night long. There is ...

The Secret to Success and profitable trading - What is it?

Best post in this thread, I am out of here as well

has anyone EVER seen a successful trader/trading system?

All very nice if you pick the trend correctly, most don’t and enter too late. The question I often ask traders is why are they trying to trade a trend. Its a low probability win which is proved by the amount of losing traders out there. The market ...

has anyone EVER seen a successful trader/trading system?

Fake out at present. The ATR gives the correct signals.

Trading Made Simple

Not portfolio EA’s, keep your hands off them. We have to trust our testing systems and run them until Market conditions could never allow it to profit that year. I am happy if one single account meets its profit goals for two years out of three, I ...

has anyone EVER seen a successful trader/trading system?

Hi Alpha I have seen many EA’s from professional Algo traders within my network. The current trend is to make small simple EA’s with no more than two external functions. They are now choosing to select only the very best markets (3-5 pairs) per EA ...

has anyone EVER seen a successful trader/trading system?

You do realise who you are trading against. Not a big player or some banker from London, the Algo that moves price is that trader. The good news is this Algo at the centre of the market is dumb. There is a code that’s easily broken down to a few ...

has anyone EVER seen a successful trader/trading system?

Bad advice. There is nothing wrong about using increasing trade sizes but you need to have a cut off level in your strategy. I have spend the last month meeting and talking several professional Algo traders to find a solution to avoid Margin calls ...

has anyone EVER seen a successful trader/trading system?

Hi Divergence, Thats the secret, I need the market to be manipulated. Because when this occurs, I know the price is going to go to one of two possible spots on a chart. There is no mystery about manipulation, it’s very precise to the pip. Hope your ...

has anyone EVER seen a successful trader/trading system?

Divergence is a pattern trader, highly profitable. Point is he is a failed forex trader first before he moved on to make good money trading futures. Now he feels because he couldn’t make money trading Forex, NO one will ever either. Divergence, ...

has anyone EVER seen a successful trader/trading system?

Hi ZenNy I trade about 6-8 pairs, including Gold for manual trading, any market that moves for Algo trading. I look at trading in two ways. My manual trading is only on M1 trading reversals out of Liquidity Pools. Here I am trading against the Algo ...

has anyone EVER seen a successful trader/trading system?

Hi Alphaomega There is 250 lines of code in this EA and I haven't gone into enough detail for you to make that assumption. It uses three different size trades depending on the level it opens its first trade. Side A which opens a reversal trade ...

has anyone EVER seen a successful trader/trading system?

EA's can make a lot of money when they only hit 55% win rate, or even less. Everything can be automatic but in many cases, you are right to say they could never adapt to current market conditions like a manual trader. But this does not make a ...

has anyone EVER seen a successful trader/trading system?

While you are correct, we can be guilty of letting our guard down. My small group of traders work closely together trading, building EA's and also manually scalping the market. We exchange emails, photos, family discussions and basically know where ...

Trading Made Simple

Hi Dave I thought the same thing a few years back, however when Emm when on a break, this thread died. I mean almost zero posts. Yes he could start his own thread but then where would be the fun in that. Realjumper wouldn't get a word in, Tekkies ...

Trading Made Simple

Not on this forum, many traders know where I hang out. I was looking at creating a Forum at FF on how to develop, build then manage Algo's within a portfolio environment. That's how to build EA's with almost no coding experience then testing them ...

Trading Made Simple