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- GoFast2018 replied Aug 3, 2018
Before taking a trade, evaluate the risk:reward ratio of the trade idea. Any idea with a ratio of less than 1 should be avoided.
- GoFast2018 replied Aug 3, 2018
I disagree, you should not look at pips nor the dollar amount of your profits. To be successful over the long term, percentage gains as well as R:R are more important. That is what you should keep track of when building your account. For example if ...
- GoFast2018 replied Aug 3, 2018
I could not tell if this was a serious image or just an "error" display message for when your uploads fail or something haha.
- GoFast2018 replied Aug 3, 2018
This gave me a chuckle today.
- GoFast2018 replied Aug 3, 2018
I trade the same setups during the summer that I trade during the est of the year. My risk:reward however is reduced significantly as the ADR of many major pairs is greatly reduced during the summer from my experiences. Just don't expect too many ...
- GoFast2018 replied Aug 3, 2018
Saw this on my news feed, thought it fit in here well.
- GoFast2018 replied Aug 3, 2018
Ignoring could be a healthy response in many situations, for example if the responder has nothing positive to say to the situation or perhaps lack knowledge of the subject. Sometimes its fine to ignore don't you think?
- GoFast2018 replied Aug 3, 2018
I think you are doing something wrong. If you had a proper plan, theoretically you should be trading your plan which should include risk parameters. So after you place your trade and your stop loss and take profit, you leave the trade alone until ...
- GoFast2018 replied Aug 3, 2018
A plan is so success, my success exponentially grew after I made a proper plan and only traded my plan. Journaling helps too. Its much more work than before but it has paid off. You know what they say, if you fail to plan then you have planned to ...
- GoFast2018 replied Aug 3, 2018
Yes theoretically, if you have lots of little positions open and they all draw down, or if you have a few larger positions and they draw down, you can most definitely wipe out the account.
- GoFast2018 replied Aug 3, 2018
I tried this once when I attempted to make a FOREX.com Demo account so I could access the US dollar index on my FXTM MT4 platform. I was unsuccessful, I could find the server but could not login.
- GoFast2018 replied Aug 3, 2018
This is how it is done. Is this what you are asking for?
- GoFast2018 replied Aug 3, 2018
I do it because in terms of career aspirations, this is the only thing I found that allowed me to make a decent living while enjoying many freedoms of being my own boss and the fact that this only requires a few hours of work per week (after putting ...
- GoFast2018 replied Aug 3, 2018
The fact that you have the Data Watch and Navigator windows still open on your MT4 would lead me to believe you are new to trading. You have not given any background on your trade ideas either. Maybe step back for a bit and mess around in the demo ...
- GoFast2018 replied Aug 3, 2018
I'm exactly 3 years into this game and I'm just recently becoming profitable (mind you, I did this on and off, but this summer I really got serious).
- GoFast2018 replied Aug 3, 2018
If you just starting off, just get a demo account with any brokerage it doesn't matter. Your goal should be to get comfortable to MT4 and mastering the platform.
- GoFast2018 replied Aug 3, 2018
It's not easy by any means but the effort we put in to be successful in this game outweighs the effort of any other career endeavor by far in my opinion. Not just wealth, but the amount of free time you get out of this to do the things you want to ...
- GoFast2018 replied Aug 3, 2018
IC Markets is a very popular brokerage on the Twitter trading scene, especially the U.K Twitter trading scene. Amazing spreads too.
- GoFast2018 replied Aug 3, 2018
I guess I'm not as old as some of the other traders on here, but I like listening to really hard rap while trading. Gets me really motivated. video
- GoFast2018 replied Aug 3, 2018
I've had the most success trading the fiber (EurUsd) and cable (GbpUsd) during the opening of the London session. You have to stick with what works for you.