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What makes one a Professional Trader?
in
General
Feb 12, 2019 at 11:56
@BluePanther Last comment. Professional trader is not the one who follows your advice on trade size.Professional traders is the one who follows his own trading plan with whatever trade size which is working for him.
What makes one a Professional Trader?
in
General
Feb 12, 2019 at 09:40
1. I do take verified results on myfxbook2. Again bad trading, good trading. You are not the one to decide. Everyone has to have its own trading plan.
How long on a demo account
in
New Traders
Feb 11, 2019 at 12:57
That is about right
What makes one a Professional Trader?
in
General
Feb 11, 2019 at 11:03
Once again,you propose your risk mgmt is the best for someone else.It is not.professional trader has to follow trading plan.Trading plan has to define trae size and risk.It could be any number which is working for you.I can for example imagine trading 1 lot trades on 1,000 account. With tight SL TP it will work as long as majority of trades will be profitable.
What is a proper risk of ruin percent on myfxbook?
in
New Traders
Feb 11, 2019 at 11:02
Nope. You can best calculate your own system risk.You just need grammar school math, nothing else.
50K tto 500K in one year challenge
in
Experienced Traders
Feb 11, 2019 at 11:02
I am unsubscribing from here.The results are average and far away from proposed title
Best Platform
in
New Traders
Feb 07, 2019 at 12:06
Well MT4 is no way the best.It is however simple and free (for the trader)There are much better platforms, some of those also free
Emotion in Forex trading
in
General
Feb 07, 2019 at 09:11
Yeah that is great idea, take LSD and trade $100,000 customer account :)Guys there is no easy road to be successful trader, just a hard work and trading plan.
Psychology of Forex Trading
in
General
Feb 06, 2019 at 15:02
I do develop EAs that I use for trading.
Psychology of Forex Trading
in
General
Feb 06, 2019 at 12:49
The price is not the point.Point is that EA will execute trading plan better than any human.EA can be backtested and optimized.EA does not sleep nor decide based on emotion.
How many pips a day ?
in
New Traders
Feb 06, 2019 at 12:46
IMHO planning how much pips or dollars you make per day is nonsense.You should follow trading plan.Trading plan defines when to enter and when to exit trade.So some day you make some pips, some day you make even more and some day you lose some pips.There is no FGH [holy grail] which would provide 100 pips every day.
Account set up
in
New Traders
Feb 06, 2019 at 10:01
Just recently I got closed position 100 pips after stoploss :) on cent account of courseSo it is good to use such shit broker to make your strategies robustit is bad as it kills average strategies
Emotion in Forex trading
in
General
Feb 06, 2019 at 09:01
Emotions can be avoided by - strictly following trading plan - creating robot which strictly follow trading plan
Demo trading
in
New Traders
Feb 04, 2019 at 14:48
3 months on demo is fineas long as you have consistent results
$100 to $100K challenge
in
Trading Systems
Feb 04, 2019 at 12:04
The issue is not that DD is too high,the issue is with such high DD your profit is not sufficient compared to risk.
How to find the right Signal
in
New Traders
Feb 04, 2019 at 11:51
Yes almost 100%But sometimes the statistics are fake on strange brokersSometimes provider wipe account even after 5 years of tradingSo it is always good to use some sort of emergency exit when things come from bad to worse.
What is a proper risk of ruin percent on myfxbook?
in
New Traders
Feb 04, 2019 at 10:04
That risk of ruin is completely uselessYou have to calculate it yourself based on your strategy risk setting
50K tto 500K in one year challenge
in
Experienced Traders
Feb 04, 2019 at 09:53
@sertali_ozer Isn't it strange that you have registered to post just this single message :)@Ethanshould check you account
50K tto 500K in one year challenge
in
Experienced Traders
Feb 04, 2019 at 09:52
What negativity I just mentioned the facts.40% after year of trading is not bad.But it is far away from nonsense like 50K tto 500K in one year challenge
The future of Crypto
in
Crypto
Feb 04, 2019 at 09:41
Well yes it is not sure that this will happen. But China is centrally planned and controlled economy. In such country the risk of global control of BTC blockchain is immense.
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