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How to earn more? Real advice from experienced traders.
Miembro desde Mar 31, 2021
posts 229
Jul 06, 2023 at 05:36
Miembro desde Mar 31, 2021
posts 229
Claison posted:DenverRRR posted:It's because you didn't use a useful EA and a tested one.
I understand your opinion. But I'm more inclined towards manual trading. For me, the adviser makes mistakes more often than it gives really useful signals.
As we've discussed here before, the best EA is the one you create yourself. But, unfortunately, not everyone can do it.
Think thrice before opening an order
Jul 08, 2023 at 00:05
Miembro desde Apr 26, 2023
posts 33
Rococo_XVII posted:Exactly but I also agree with @EmilyLee that stable profit data is important and also agree with that enough to discuss😄Claison posted:DenverRRR posted:It's because you didn't use a useful EA and a tested one.
I understand your opinion. But I'm more inclined towards manual trading. For me, the adviser makes mistakes more often than it gives really useful signals.
As we've discussed here before, the best EA is the one you create yourself. But, unfortunately, not everyone can do it.
Miembro desde Aug 19, 2021
posts 227
Jul 13, 2023 at 15:48
Miembro desde Aug 19, 2021
posts 227
Claussen posted:Oh maybe so. But I do not see the point in using an EA. I do not like it at all.WhiteWitcher posted:
Oh I would be against EA. Lol.
Why so?? It seems that you greatly underestimate the potential of trading with an adviser.
Miembro desde Jul 14, 2023
posts 2
Miembro desde Mar 31, 2021
posts 229
Jul 17, 2023 at 12:27
Miembro desde Mar 31, 2021
posts 229
VirgilBanks posted:Thanks for the advice. Today I will try to increase the lot size. If there are favorable conditions for trade.
To earn more in trading i feel you should increase your lot size and/or leverage. Once enough profit is made you should scale up on lot size for higher profit turnaround. Adjust your R:RR. No EA though... Well not for me
Think thrice before opening an order
Miembro desde Mar 31, 2021
posts 229
Jul 17, 2023 at 12:29
Miembro desde Mar 31, 2021
posts 229
Claison posted:Haha. You know, no matter how much time has passed, disputes about the adviser will never subside. 😄😄Rococo_XVII posted:Exactly but I also agree with @EmilyLee that stable profit data is important and also agree with that enough to discuss😄Claison posted:DenverRRR posted:It's because you didn't use a useful EA and a tested one.
I understand your opinion. But I'm more inclined towards manual trading. For me, the adviser makes mistakes more often than it gives really useful signals.
As we've discussed here before, the best EA is the one you create yourself. But, unfortunately, not everyone can do it.
Think thrice before opening an order
Jul 18, 2023 at 22:28
Miembro desde Apr 26, 2023
posts 33
Rococo_XVII posted:Because the is no 100% in this world and you never can say 100% EAs are bad or 100% EAs are good.Claison posted:Haha. You know, no matter how much time has passed, disputes about the adviser will never subside. 😄😄Rococo_XVII posted:Exactly but I also agree with @EmilyLee that stable profit data is important and also agree with that enough to discuss😄Claison posted:DenverRRR posted:It's because you didn't use a useful EA and a tested one.
I understand your opinion. But I'm more inclined towards manual trading. For me, the adviser makes mistakes more often than it gives really useful signals.
As we've discussed here before, the best EA is the one you create yourself. But, unfortunately, not everyone can do it.
Jul 19, 2023 at 13:59
Miembro desde Oct 18, 2021
posts 93
Claison posted:Maybe. I have tried different EAs. But so far none of them has brought me the desired profit.DenverRRR posted:It's because you didn't use a useful EA and a tested one.
I understand your opinion. But I'm more inclined towards manual trading. For me, the adviser makes mistakes more often than it gives really useful signals.
Miembro desde May 22, 2017
posts 85
Jul 21, 2023 at 13:46
Miembro desde May 22, 2017
posts 85
Rococo_XVII posted:Hey there!
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?
Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.
I would like to hear real advice from real traders. Or to hear those who are in the same position as me.
That is why I create this thread. Welcome.
I blew up many accounts and lost a lot of money on my way to becoming a profitable trades, last year I became break with my overall PNL.
I have been profitable for 3 years now, imagine how much I lost before that, just to become breakeven last year.
Right now Im starting a very small account and letting the trading journal out to show that you can make a good profit even with a small account and taking a few losses.
Its ok not to feel stability on this business, but if you know how much money you need to live on annual basis then you should know if your account mixed with your approach to the markets are able to provide enough for your lifestyle and hopefully more.
Hope this helps and rock on!
F*** it we ball!
Miembro desde Aug 19, 2021
posts 227
Jul 25, 2023 at 08:36
Miembro desde Aug 19, 2021
posts 227
master800ve posted:Oh how long do you trade at all? You might have a great experience if you trade profitable 3 years already.Rococo_XVII posted:Hey there!
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?
Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.
I would like to hear real advice from real traders. Or to hear those who are in the same position as me.
That is why I create this thread. Welcome.
I blew up many accounts and lost a lot of money on my way to becoming a profitable trades, last year I became break with my overall PNL.
I have been profitable for 3 years now, imagine how much I lost before that, just to become breakeven last year.
Right now Im starting a very small account and letting the trading journal out to show that you can make a good profit even with a small account and taking a few losses.
Its ok not to feel stability on this business, but if you know how much money you need to live on annual basis then you should know if your account mixed with your approach to the markets are able to provide enough for your lifestyle and hopefully more.
Hope this helps and rock on!
Miembro desde May 22, 2017
posts 85
Jul 25, 2023 at 15:16
Miembro desde May 22, 2017
posts 85
WhiteWitcher posted:I began my trading Journey 6 years ago, hit a lot of rocks on the way.master800ve posted:Oh how long do you trade at all? You might have a great experience if you trade profitable 3 years already.Rococo_XVII posted:Hey there!
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?
Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.
I would like to hear real advice from real traders. Or to hear those who are in the same position as me.
That is why I create this thread. Welcome.
I blew up many accounts and lost a lot of money on my way to becoming a profitable trades, last year I became break with my overall PNL.
I have been profitable for 3 years now, imagine how much I lost before that, just to become breakeven last year.
Right now Im starting a very small account and letting the trading journal out to show that you can make a good profit even with a small account and taking a few losses.
Its ok not to feel stability on this business, but if you know how much money you need to live on annual basis then you should know if your account mixed with your approach to the markets are able to provide enough for your lifestyle and hopefully more.
Hope this helps and rock on!
How long have you been trading?
F*** it we ball!
Miembro desde Sep 20, 2016
posts 15
Jul 26, 2023 at 16:53
Miembro desde Sep 20, 2016
posts 15
Hi @Rococo_XVII
Trading requires depend a lot on the consistency of your strategy and patience of execution and following them. This also include money management e.g. lot size, s/l and t/p level for every of your trades.
It took us a few years before we became profitable and consistent and have been doing so for the consecutive 2 years+.
Every trades should have a threshold like 2-3% of your capital, and never impulse trade. Keep calm and follow the strategy you have planted for your portfolio.
Lastly we mainly perform manual trades and limit orders and monitor the market time to time with swing perspective.
This allow time for us to continue to focus with our daily life without spending too much monitoring the trades.
All the best fellow traders.
Regards,
TradingFXVPS.
Trading requires depend a lot on the consistency of your strategy and patience of execution and following them. This also include money management e.g. lot size, s/l and t/p level for every of your trades.
It took us a few years before we became profitable and consistent and have been doing so for the consecutive 2 years+.
Every trades should have a threshold like 2-3% of your capital, and never impulse trade. Keep calm and follow the strategy you have planted for your portfolio.
Lastly we mainly perform manual trades and limit orders and monitor the market time to time with swing perspective.
This allow time for us to continue to focus with our daily life without spending too much monitoring the trades.
All the best fellow traders.
Regards,
TradingFXVPS.
Lowest Latency VPS - Swift Decision Trading
Miembro desde Mar 31, 2021
posts 229
Aug 01, 2023 at 05:58
Miembro desde Mar 31, 2021
posts 229
Claison posted:Yes. I am totally agree with you. Even among trading strategies there is no one that will bring only 100% profit.Rococo_XVII posted:Because the is no 100% in this world and you never can say 100% EAs are bad or 100% EAs are good.Claison posted:Haha. You know, no matter how much time has passed, disputes about the adviser will never subside. 😄😄Rococo_XVII posted:Exactly but I also agree with @EmilyLee that stable profit data is important and also agree with that enough to discuss😄Claison posted:DenverRRR posted:It's because you didn't use a useful EA and a tested one.
I understand your opinion. But I'm more inclined towards manual trading. For me, the adviser makes mistakes more often than it gives really useful signals.
As we've discussed here before, the best EA is the one you create yourself. But, unfortunately, not everyone can do it.
Think thrice before opening an order
Miembro desde Mar 31, 2021
posts 229
Aug 01, 2023 at 06:02
Miembro desde Mar 31, 2021
posts 229
TradingFXVPS posted:Thank you for your recommendations. What trading strategy do you follow? You did not have a stable income due to lack of experience? Or did additional factors work due to the lack of a sufficient deposit and incorrect risk calculations?
Hi @Rococo_XVII
Trading requires depend a lot on the consistency of your strategy and patience of execution and following them. This also include money management e.g. lot size, s/l and t/p level for every of your trades.
It took us a few years before we became profitable and consistent and have been doing so for the consecutive 2 years+.
Every trades should have a threshold like 2-3% of your capital, and never impulse trade. Keep calm and follow the strategy you have planted for your portfolio.
Lastly we mainly perform manual trades and limit orders and monitor the market time to time with swing perspective.
This allow time for us to continue to focus with our daily life without spending too much monitoring the trades.
All the best fellow traders.
Regards,
TradingFXVPS.
Think thrice before opening an order
Miembro desde Mar 31, 2021
posts 229
Aug 01, 2023 at 06:08
Miembro desde Mar 31, 2021
posts 229
master800ve posted:Thank you for your support. I also blew up my account at one time, so I trade extremely carefully after that. How much money did you lose before reaching a stable income?Rococo_XVII posted:Hey there!
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?
Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.
I would like to hear real advice from real traders. Or to hear those who are in the same position as me.
That is why I create this thread. Welcome.
I blew up many accounts and lost a lot of money on my way to becoming a profitable trades, last year I became break with my overall PNL.
I have been profitable for 3 years now, imagine how much I lost before that, just to become breakeven last year.
Right now Im starting a very small account and letting the trading journal out to show that you can make a good profit even with a small account and taking a few losses.
Its ok not to feel stability on this business, but if you know how much money you need to live on annual basis then you should know if your account mixed with your approach to the markets are able to provide enough for your lifestyle and hopefully more.
Hope this helps and rock on!
Think thrice before opening an order
Miembro desde Aug 19, 2021
posts 227
Aug 01, 2023 at 10:01
Miembro desde Aug 19, 2021
posts 227
master800ve posted:Oh I trade almost 3 years now.WhiteWitcher posted:I began my trading Journey 6 years ago, hit a lot of rocks on the way.master800ve posted:Oh how long do you trade at all? You might have a great experience if you trade profitable 3 years already.Rococo_XVII posted:Hey there!
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?
Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.
I would like to hear real advice from real traders. Or to hear those who are in the same position as me.
That is why I create this thread. Welcome.
I blew up many accounts and lost a lot of money on my way to becoming a profitable trades, last year I became break with my overall PNL.
I have been profitable for 3 years now, imagine how much I lost before that, just to become breakeven last year.
Right now Im starting a very small account and letting the trading journal out to show that you can make a good profit even with a small account and taking a few losses.
Its ok not to feel stability on this business, but if you know how much money you need to live on annual basis then you should know if your account mixed with your approach to the markets are able to provide enough for your lifestyle and hopefully more.
Hope this helps and rock on!
How long have you been trading?
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