MetalWing

Joined Nov 23, 2024

Connections: 6

Experience: More than 5 years

Location: India

Profile

Bio

It's Mihiir, an unrelenting Gold (XAUUSD) scalper, synthesizing strategic acumen and resolute discipline to rise above the chaos of volatile markets for over 5 years. Additionally, I hold considerable expertise in the intricacies of Indian equity stock trading and cryptocurrency futures and have hands-on experience in technical indicators and algorithmic trading in MT4 & MT5 (EAs).

Trading style

Technical. Scalping.

Motto

Consistency isn’t luck, it’s mastery

Systems by MetalWing

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Recent Posts

MT4/MT5 Strategy Tester: How Reliable Are the Backtest Results?

I've seen mixed opinions on the reliability of MT4/MT5's Strategy Tester when it comes to backtesting EAs and strategies. Some traders trust it blindly, while others argue that it's far from reflecting real market conditions.A few concerns that come up:Tick Data Quality: The default data...

331

Feb 10 at 09:46

Over $7 trillion trades daily, this is still the biggest and the most liq

The $6-7 trillion daily Forex volume exists because of one thing, leverage. It lets traders punch way above their weight, like turning $100 into a $50,000 position with 1:500 leverage. Throw in the big dogs like HNIs and banks, and hitting that insane volume makes total sense. Without leverage, thes...

352

Dec 01, 2024 at 15:27

Mt5 vs Mt4

The MT4 vs. MT5 debate is largely overblown, especially for manual traders. While MT5 offers perks like the MQL5 language and multi-threaded tools for coders, these are irrelevant to most traders. Both platforms deliver identical functionality for charting, execution, and analysis.The added extras i...

502

Nov 28, 2024 at 17:45

what is your best trusted broker

Forget OlympTrade, it’s nothing short of a scam. For scalpers, where optimal spreads and brokerage can define the edge, Exness remains the undisputed leader. Their $11/lot rate on XAUUSD is exceptional, and their deposit and withdrawal systems operate with impeccable reliability.

1264

Nov 26, 2024 at 17:21

Psychology

I disagree with the idea that trading is 90% psychology and 10% technical. While psychology is crucial, it’s not the sole factor. Trading requires a balance of strategy and risk management. A solid strategy, backed by technical analysis, is key to making informed decisions. Risk management ens...

517

Nov 26, 2024 at 14:06

MetalWing's Reviews

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.1619	GBPUSD	1.3169	AUDUSD	0.6536
USDJPY	154.547	USDCAD	1.4021	USDCHF	0.7938