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Professional4X
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Emotion in Forex trading
in
General
Nov 29, 2018 at 08:55
NO.If a trade is profitable either close it out and take the profit, or move your stop loss up to lock in your profits and let the trade run it's course until it hits your take profit target.If you have a longer running trade and you see it is profitable, how is being emotional about it going to help the trade?It isn't going to help at all. Emotions have no place in trading.
Emotion in Forex trading
in
General
Nov 29, 2018 at 08:54
"Good" emotions (joy, happiness, excitement, etc...) will give a people a false sense of superiority when it comes to their trading and causes people to over trade with the expectation they are going to "win big" or some other such nonsense."Bad" emotions (anger, depression, despair, etc...) will give people a "fight or flight" kind of response that happens when a trader makes a really bad trade. This causes people to over trade and make bad trading decisions such as trying to trade themselves out of a bad situation on their account with massive lot/unit...
Mr Denis
in
Trading Systems
Nov 29, 2018 at 08:45
Congratulations on your profits so far.It's a very nice profit level, but it appears to be a high risk investment strategy.Could you please show your lot sizes in the history?
Trillion Way
in
Strategies
Nov 27, 2018 at 08:11
No. This is not an actual account. This is only from the strategy tester. These results cannot be considered reliable for live trading.
New Forex Trader Here
in
New Traders
Nov 27, 2018 at 07:38
Start a new discussion thread and discuss your strategy so that others can learn from you.
How many pips a day ?
in
New Traders
Nov 23, 2018 at 09:27
In my opinion, the highest priority for any investor is to always protect the investment capital FIRST, everything else is secondary to this. The market will let you know when to enter, how much your trades are worth, and when to get out.Don't worry about how many PIPS you are going to get each day.
How long on a demo account
in
New Traders
Nov 23, 2018 at 09:25
All of those things you've mentioned S/R, Momentum, Pivots, and others..... Those are all technical indicators. You've pointed out "none of it seems to work for me". it is important to be aware of this.If relying on technical indicators alone could make people rich, then it would be reasonable to assume that there would be a lot more people making money with Forex.If something isn't working for you, it's important to understand why it doesn't work.
New Forex Trader Here
in
New Traders
Nov 22, 2018 at 10:56
I took a look at your live account for you.I made some comments for you on your discussion page.
Samantha Hadid
in
Trading Systems
Nov 22, 2018 at 10:55
https://www.myfxbook.com/files/Professional4X/help.jpgOk I took a look at the trade history on your account.You aren't using any money management to protect your account.For example:https://www.myfxbook.com/files/Professional4X/moneymanagement.jpgYou aren't using any money management techniques to protect your account.Your lot sizes get bigger or smaller for no understandable reason.https://www.myfxbook.com/files/Professional4X/lotsizes.jpgYou aren't regularly using a stop loss or take profit targets.From your initial deposit of $15566.17, your account has suffered a loss of -$567...
Algorithmic Trader
in
Programming
Nov 22, 2018 at 07:41
There should always be a written specifications check list that both the programmer and client work from.If it's not in the written specs, then it's not part of the project. And as such, it's extra, which is usually calculated at the base hourly rate. This is how most programmers work and it's pretty much the industry standard for project billings.Let me clarify this with a real world example:Let's say that a programmer has 50 active clients with projects at various stages of development.And now take into consideration that each of those clients ask the programmer to do a &...
Trillion Way
in
Strategies
Nov 22, 2018 at 07:34
NO it is absolutely not real. It's from the strategy tester and does not show any actual trading.https://www.myfxbook.com/files/Professional4X/stretegy.jpg
How long on a demo account
in
New Traders
Nov 22, 2018 at 07:32
Incorrect.You don't need pay for any "secret" bank trading techniques or some other absurdly expensive classes.Just learn a solid foundation of the basics first and you can become a very good trader.
EA on Mt4 Offline Charts
in
General
Nov 22, 2018 at 07:29
Yes I have over 30 years of experience. I've written thousands of EA, Indicators, and scripts.My standard consulting rate is $125.00 USI'm happy to answer general programming questions when people encounter a problem, but that's generally only when I find the project interesting and I happen to have a few minutes of spare time on my hands.But even then I have my limits. If people aren't willing to do the work required, then I'm certainly not going to just spoon feed them the answers for free.
BULL VS BEAR TRADING SYSTEM
in
Trading Systems
Nov 18, 2018 at 07:49
You show a +25.85% gain for 4 days of trading.Can you show your history? It is marked private.
EA on Mt4 Offline Charts
in
General
Nov 18, 2018 at 07:49
Post your code and I will take a look at it for you.
Best Platform
in
New Traders
Nov 18, 2018 at 07:47
It doesn't matter if you can see it or not. MT4 IS being discontinued. Metaquotes has said on numerous occasions that they are discontinuing MT4. you said -->"All the robots and indiators are based on mt4"There are thousands of available robots and indicators available for MT5 as well.MT4 uses MQL4 for the programming language.MT5 uses MQL5 for the programming language.MQL5 also supports the use of some (Not all) MQL4 code.Metaquotes only provides service and security updates to brokers with current MT4 server licenses and support agreements.They are not issuing any additional...
Best Platform
in
New Traders
Nov 13, 2018 at 07:58
MT4 is still available through brokers that currently still offer it.However, it is no longer available as a public download from Metaquotes.MT4 is being phased out and the main focus for development and distribution is MT5.
Algorithmic Trader
in
Programming
Nov 13, 2018 at 07:54
My hourly rate is $125.00 an hour
Algoritmus
in
Trading Systems
Nov 13, 2018 at 07:53
1) The image you provided clearly shows the setup panel for the MT4 terminal options.https://www.myfxbook.com/files/Professional4X/mt4.jpg2) MT5 IS supported and fully verifiable.https://www.myfxbook.com/files/Professional4X/mt5.jpgEither the account is demo. and the system is preventing you from validating as real, or the account doesn't belong to you so you can't verify your trading ability because you don't have actual trading access.So which is it?
Algoritmus
in
Trading Systems
Nov 12, 2018 at 09:21
Your account is not validated.https://www.myfxbook.com/files/Professional4X/invalid.jpgOften times people with DEMO accounts will try and setup a stats page as a REAL account.The problem is that you will be unable to fully validate your account if this is the case.Can you please validate your account or will you make an excuse about being unable to verify it?
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