What are you talking about? the market moves perfectly fine and anyone can bank some pips easily who the hell cares about trump, news or whatever?!?! The market ALWAYS move, up or down, it doesnt matter learn to adapt place your trades properly ...

Forex Appears to be a Dying Market for Retail

Win rates doesnt matter, the ONLY thing that matters is how much you eventually make/lose per trade and the sum of this over hundreds/thousands of trades..

Win 2, lose 1

Your available $$ per trade is very low based on your leverage avilable as you know already, you can only do 3 things: 1.- Use a smaller timeframe where the Stop loss can be "smaller" in pips so you dont eat all the leverage in a single trade 2.- ...

Help on leverage

If you have to play with indicator settings (curve fitting) and instrument (except some obscure/weird commodity) in order to find the "right" ones, then the combination of indicators doesn't have a robust/stable logic behind it; you need to measure ...

Price Distance MA - 100% Automated Trading

Pretty easy, just back test the strategy in whatever instrument you want to trade to see if it makes sense and then live test it on a demo for a few trades (at least 50 or more) and see how it works in real time with spread, etc etc In the end There ...

Afraid of commitment to any strategy

Why would you want to "control" the ONLY thing that fuel this activity in the first place? You should have ALL THE GREED in this world !!! you want to make money out of this or not?? Where you need to have control is when YOU hit the buy/sell ...

How do you control your greed - practically

you are confusing a few things that needs to be clear; first of all: this is how much of your $$ available you put in lot size, is not related to your stop loss size IN PIPS Pip size, NOT how much $ you put on the line (different right?) This is a ...

The best idea for stoploss?

If you place a trade where is supposed to be, it should be around the area where it turns back and move in the direction you expect (up/down) almost right away: if this doesn't happen then you enter the market too soon OR it just wasn't going to go ...

Share your dynamic stop loss strategies

That "renko generator" is flawed by design, that should NOT be happening !! as you know renko its build by pip move size, it will print whenever the criteria is met, changing "timeframe" should not affect the chart I would not trust that charting ...

About Renko bars

1.- "time frame" doesnt exist in renko, the horizontal scale doesn't matter, it only shows when the brick painted back in time, thats all 2.- You don't use ATR for building a renko brick because ATR, by nature, always fluctuate and therefore the ...

About Renko bars

1.- Get a Solid foundation on how to trade, you only need 2 steps "buy low, sell high" (believe it or not, all you need is in that phrase) and you are going to be profitable in the long run 2.- Use a Solid math approach for handling losing trades, ...

Advice on managing anxiety

Because if you know how to trade, is actually Easier, better, and faster than waiting a stupid amount of times just to find/forecast a signal AND then waiting for the trade to develop Trading is juts finding a unbalance in price and jump in, if you ...

Scalping traders are most successful on Prop firm leaderboards

Oh the "Kelly criterion", one of those things that looks fine on paper vs reality in live trading In this activity is useless and while you should have a game plan for drawdowns, is equally (even more i would say) important to have a strategy for ...

Using the Kelly Criterion in actual trading

This thread is overall funny hehe the "edge" is in the MATH, and data points and YES it DOES EXIST and always remember 1 thing: you trade the PRICE NOT THE TIME !!! Time is random, price isnt

Where's The Edge?

We should ALWAYS be trading for quick money and a lot of it !!! and i agree with you, there are different aproaches for this BUT the most important is to start with a capital that i wont hurt you to lose it entirely at all; for example, if you ...

How Do You Compound Your Account While Paying Yourself?

No, because on a streak, for a given % os risk per trade, IF you are wining the lot size gets bigger and the profits gets bigger too; on a losing streak, the lot size gets smaller (to maintain the same % ratio) and the losses smaller eery subsequent ...

How Do You Compound Your Account While Paying Yourself?

zooming in the picture now i can see it, my bad

How Do You Compound Your Account While Paying Yourself?

exactly you always leave a bit more than the initial so the account can keep growing and not stall without messing the original Risk of ruin calculation; Every new trade will be "compounded" based on your new balance; if it gets bigger so will be ...

How Do You Compound Your Account While Paying Yourself?

you can not increase your risk without recalculating your Risk of ruin, unless you want to bust your account.. Unless you want to go "all or nothing" like gambling and hope to make a good profit

How Do You Compound Your Account While Paying Yourself?

You set a goal on how much/often you "need" to withdraw $$; with your starting balance (the more the better as you might now already) and with the optimal % risk per trade for your strategy (I hope you figure out your Risk Of Ruin already lol) you ...

How Do You Compound Your Account While Paying Yourself?