null's Posts - Page 6

90% are loser ..why ? in New Traders May 13, 2019 at 11:33

I will just say one thing. If 90% of traders will not loose, then how big hedge funds and banks will make their profit.So the market is designed and controlled by those banks and liquidity providers in such a way that majority of forex traders almost 90% to 95% traders will loose in long run and those big players can make consistent profit of 3% to 5% per month out that loss. If a new trader will realise this soon and apply solid and proven trading systems to target such % returns without being too much greedy, then he might join that winners category soon though there is no guarantee in that ...

QFX Master Signals 5 in Trading Systems May 13, 2019 at 08:55

I have already provided a brief summary of the system in the second post of this thread. However, it might be difficult to understand for traders who are completely new to forex trading.So for those who are new to forex trading I will keep explaining all the points which I mentioned in the system description in my future posts one by one.In this post, I will explain the recommend balance.I will recommend to start with a 10 USD cent account to start with this system which will be equivalent to a 1000 USD account. I can understand that for a new trader 1000 USD might be a big amount, but in my e...

trading basic in New Traders May 12, 2019 at 13:44

true

QFX Master Signals 5 in Trading Systems May 12, 2019 at 13:44

Since the trade history is relatively small and hence, it is obvious for someone to be sceptical about the future performance. However, this is a very powerful system thoroughly tested and hence, I will keep on explaining about the trading system to provide a clear understanding about what to expect from the signals and how to get the best out of the signals.I will recommend to start with a cent account of 10 USD or more and see the results for a week and then, add another 100 USD and that should be enough to recover the monthly signal cost even if you withdraw all profits every month.Feel fre...

Signal Start in Signal Providers May 12, 2019 at 05:53

Signalstart is a good option for both intermediate and beginner traders and investors to connect with each other easily. Because a highly professional trader with long track record will definitely choose a MAM/PAMM option in a forex broker or hedge fund and may not be offering a signal service for various reasons.Also, an intermediate and not a highly successful trader is still much better than a beginner in forex trading and he has more experience than a completely new trader. So by copying the trades from a partially successful trader is still a better option for a beginner instead of simply...

Beginner's Tips in New Traders May 12, 2019 at 05:53

First, find one profitable strategy which works for other professional and successful traders.Next, stick with it to improve it day by day in order to match your trading requirements and trading psychology. Because there is no such holy grail strategy which can work for all traders.But if you keep changing your strategy completely and start a new strategy every couple of days or couple of weeks or months , then you might continue this process for years and may be for lifetime and may not be able to make profit ever in forex trading consistently.So first finding one profitable strategy and next...

Learning and earning in General May 12, 2019 at 05:52

Learning is a never ending process especially in forex trading and even highly professional and highly successful traders keep learning everyday from their mistakes to improve their algo.But if you are trying to learn quickly to earn quickly in forex, then you might end up loosing everything. So keep learning at the same time try to focus on only one algo which you are comfortable with and which is profitable for others. Then, just stick with it to fine tune it day by day in order to perfectly match your trading requirement and trading psychology.But if you keep changing your strategy complet...

QFX Master Signals 5 in Trading Systems May 12, 2019 at 05:42

System Description:****************1.Minimum Required balance: 1000 USD or 1000 USD cent(10 USD in a Cent account is recommend to start with)2.Monthly % return: 200% approximately3.Daily % return: 5% to 10% per day on average4.Number of trades per day: 50 to 1005.Maximum floating drawdown: 50%(Maximum Loss at once)6.Required leverage: 400 or above7.Curreny pairs: 28 currency Pairs 8.Maximum simultaneous open trades: 709.Daily Profit pattern: It targets approximately 5% to 10% profit per day almost 99% of the days and few days it can close in loss.10.Recommended Broker/Account Type: ECN or stan...

QFX Grid Master V.5.3_Stopped in Trading Systems May 12, 2019 at 05:40

I have switched to a IC markets account since it has a maximum trade limit up to 200 trades simultaneously.

QFX Master Signals 5 in Trading Systems May 12, 2019 at 05:40

If anyone is interested to copy the trades from this system and want the account available in signalstart, then send a request through myfxbook.Or you can also send a request to my contact email '[email protected]'

QFX Grid Master V.5.3_Stopped in Trading Systems May 08, 2019 at 05:26

I just noticed Pepperstone demo account has a maximum open order limit of 50 trades which is not sufficient for this algo. So I have to stop this account and I will start another account with another broker soon, but everything else will remain same.

QFX Grid Master V.5.3_Stopped in Trading Systems May 07, 2019 at 13:51

System Description:****************1.Minimum Required balance: 1000 USD or 1000 USD cent(10 USD in Cent account is recommend to start)2.Monthly % return: 300% approximately3.Daily % return: 5% to 10%..approximately 10% per day on average4.Number of trades per day: 50 to 1005.Maximum floating drawdown: 50%(Maximum Loss at once)6.Required leverage: 400 or above7.Curreny pairs: 28 currency Pairs 8.Maximum simultaneous open trades: 2009.Daily Profit pattern: It targets approximately 5% to 10% profit per day almost 99% of the days and few days it can close in loss.10.Recommended Broker/Account Type...

QFX Grid Master V.5.3_Stopped in Trading Systems May 07, 2019 at 13:50

If anyone is interested to copy the trades from this system and want the account available in signalstart, then send a request through myfxbook.Or you can also send a request to my contact email "[email protected]"

Best Broker in General May 07, 2019 at 13:35

It is very difficult to say which is the best broker for you since many many things need to be considered while choosing a broker which is one of the most vital part of forex trading and to make profit in forex.You can't trade in the same way and same trading strategy in the same broker when you are trading few hundred dollars vs few million dollars. It makes a huge difference. For smaller account trading there are a handful of regulated good brokers which you can choose. But for larger account trading with big money institutional brokers should be chosen.

Forex is profitable ? in General May 07, 2019 at 13:33

Yes, forex is profitable if you know how to do it just like any other business.If you gamble in forex trading, then you may not make profit, but you may loose everything in your life.

What do you wish to achieve through forex? in New Traders May 07, 2019 at 13:32

No one wants to become a millionaire or billionaire through forex trading?

Signal Start in Signal Providers Mar 14, 2019 at 08:52

I have to agree that so far you have maintained a overall good trading profile.However, I am referring here about high risk traders who target high monthly % return like 100%,200% per month and not about low risk traders targeting 5% to 20% per month.Obviously, it is very difficult to affect the trades of a low risk trader by any large entity or corporation as well, because in order to do that the market has to move hundreds of pips in one side which is usually impossible except for technical glitch or flash crash events etc.But for a high risk trader where his margin call or max DD is 20 to 4...

EA programmer looking for new ideas - bring a valuable idea & get a FREE robot in Programming Mar 13, 2019 at 11:04

Now there are software available already where it is not required to write any MQL4 programming to develop EA and it is simply drag and drop.I don't remember the name of the software, but I am sure it is there. So someone just need to have a strategy with clear entry and exit conditions and he needs to drag and drop the conditions in the flow chart and the EA will be ready in few minutes or hours.

Forex is profitable ? in General Mar 13, 2019 at 08:13

Correct..If beginners can simply reduce the number of trades they take per day or week and take only high probability trades,then it can help a lot to improve the performance. But usually traders have the feeling of fear of missing out a trade and make wrong trading decisions and wrong entries.

Signal Start in Signal Providers Mar 13, 2019 at 07:03

true.Unfortunately, that is the reality of the forex trading and signal service.But actually it is not always the number of subscribers which make the algo fail, rather it is the volume of money which make the algo fail.Also, usually the 100% winning systems busts easily, because the signal providers don't want to loose their track record of trading by closing in loss and ultimately wipe out the balance. That is exactly what the big players take the advantage and manipulate the price for a couple of times and all money gone.

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