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Im an investor. How to find a consistent traders?
May 27, 2015 at 03:26
sizhouren posted:
Guys what do you think?
You can't stick to a single strategy all your life. A trading strategy must adapt/change according to the market or volatility of the symbol, not all strategies perform the same on all symbols. ex: If you're a scalper you're definitely a loser if your style is 1:1
Do your best then blame luck.
May 27, 2015 at 10:06
Member Since Mar 05, 2015
10 posts
May 27, 2015 at 10:06
your best would be 1.1 specially if your account is with FXCM
forex_trader_96976
Member Since Oct 31, 2012
9 posts
May 27, 2015 at 10:06
if you are sure 70% with RR 1:1 then why not you go for it?
RR 1:3 is one method to cover a low winning rate so it still profit in the end
every one have a different approach
RR 1:3 is one method to cover a low winning rate so it still profit in the end
every one have a different approach
May 27, 2015 at 10:35
The reason on why i am not going for the 1 to 1 return is because i have actually manually tested the systems and found out that it's more profitable with 1:3 risk reward system managed with price action retracement and hedging. What i found out is that most of the time, some trades that could have took profit at 1:1 might possibly run into risk reward of 1:2 or even greater. When the trades gets to 1:1 risk reward, i will manage it with price action which means i could closed it with little profit or slight loss instead of full SL.
Member Since Apr 28, 2015
18 posts
May 28, 2015 at 11:50
here i am
Member Since Feb 04, 2012
80 posts
May 28, 2015 at 13:18
(edited May 28, 2015 at 13:19)
XLx32 posted:
one of our best performance system so far
first day 164% gain draw down 5%
Well, it can be a DEMO account or a 'REAL' account run by a scam broker.
So without a link showing a VERIFIED account running at a mainstream (reputable) broker, nobody will take your results seriously, especially because there are just too many scams promoted on MyFxBook.
May 28, 2015 at 14:42
Paracelsus66 posted:XLx32 posted:
one of our best performance system so far
first day 164% gain draw down 5%
Well, it can be a DEMO account or a 'REAL' account run by a scam broker.
So without a link showing a VERIFIED account running at a mainstream (reputable) broker, nobody will take your results seriously, especially because there are just too many scams promoted on MyFxBook.
First check my system its already verified
XLX-SEVEN7
forex_trader_186239
Member Since Apr 15, 2014
224 posts
May 30, 2015 at 10:50
The only way to test a system is to run it for at least 10 months and see how it goes... That allows to trader fill the gaps and make the necessary adjustments in the code if he uses the expert advisor.
Jun 02, 2015 at 06:45
Has anybody heard, that a broker give funds to one of their retail-client (traders)? I mean like for example: FXCM sees that one of their clients "Trader Joe" is very profitable and they decide to invest in his performance.
Is there such a thing? Just curious, although I have never heard about it. But why not actually?
Is there such a thing? Just curious, although I have never heard about it. But why not actually?
avoblikov@
Jun 02, 2015 at 06:55
Of course you are right. But i think the usage of demo account is to test run stratys. i will qoute this back after a year later or earlier depend on DD of the EA.
LOL no one care about a strategy that run on demo account, so comme back with a real account.
LOL no one care about a strategy that run on demo account, so comme back with a real account.
Jun 02, 2015 at 14:45
avoblikov posted:
Has anybody heard, that a broker give funds to one of their retail-client (traders)? I mean like for example: FXCM sees that one of their clients "Trader Joe" is very profitable and they decide to invest in his performance.
Is there such a thing? Just curious, although I have never heard about it. But why not actually?
No.. This never happens. What brokers do is that they silently copy trades of their top profitable traders "without them knowing" and they make millions on their backs.
Do your best then blame luck.
Jun 02, 2015 at 16:20
So how much do you think traders really makes from the forex market? I have heard that forex markekt is not really worth 4 trillion dollars a day. The real trading forex market for retail clients are only around 1 billion dollars a day maximum, thats why there is always liquidity reason and market moves once you trade big. Do you think its possible for a trader to make 200000 a day off forex market without the broker hunting them to death?
