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How to Spot the Red Flags!
in
Galvenais
Mar 15 at 12:54
If it's prop firms then he will have pass and payment certificates in his name for every account he has passed and got payment for in his name. If he does not have a decent history of these without gaps I would be suspicious of his ability to consistently generate profits.
How to Spot the Red Flags!
in
Galvenais
Mar 15 at 12:49
Yep that is true. No reason why he has not connected them while trading though.
Nova Funding
in
Prop Trading Firms
Mar 01 at 11:59
Update 01/03/2024: Nova have now paid the payment that is missing. I've upgraded them to a 3. If they continue to pay and get better at it, I will further upgrade them.
Getting Started in Trading: Lessons Learned from 16 Years in the Markets
in
Jauni treideri
Feb 23 at 11:14
I've been pretty quiet on here for a while now. I thought I might start taking a more active part in the community again, so I wrote this for any new traders who might need help.Embarking on a journey in the world of trading can be both thrilling and daunting. Over the past 16 years, I've navigated the ups and downs of the markets, learning valuable lessons along the way. Here are some insights and tips that I've gathered throughout my trading career, which may help those who are just starting out:Education is Key: Before diving into the markets, it's essential to educate yours...
How do the banks affect the forex at news events?
in
Galvenais
Feb 23 at 10:43
It's generally considered that the banks do use news releases to move the market in the direction that suits their order book. Which is the general consensus on the market as a whole. The banks and big players go through a period of accumulation of positions and then a sell-off of these positions. It's far more complicated than this in reality, but always remember you are not the one in control of the markets.
INGOT Brokers
in
Brokeri
Feb 22 at 10:00
I opened an account with Ingot in November 2023, funded it with $6000.I didn't end up trading there and withdrew the money in January.They sent me back $5683So basically stole $317 off me.They also cancelled my account with no reason given.I would avoid this broker.
Nova Funding
in
Prop Trading Firms
Feb 20 at 12:30
Inconsistent in paying outOkay, I have a mixed experience with Nova Funding. I currently have two accounts with them.The first account I applied for payout on January 10th ( yes over a month ago! )I received a Payout Approval from Peter in Payouts the very next day!And then nothing, no money no communication, account in review.So I chased it on January 16th, then January 17th.I did get a little confused with the communication as the second account I had was breached on consistency.I then checked back with them on January 25th and just got an auto response from the payouts team.So I emailed sup...
Looking for somebody with coding experience to collaborate with…
in
Programmēšana
Jan 28 at 21:19
Is it currently being traded manually by yourself?
ForexVPS.net
in
VPS Services
May 08, 2022 at 15:20
Took out a server with them last week. There were some mixups with the setup but we managed to get there in the end.Then this weekend I got an email notifying me ( with ZERO prior warning ) that the server had been suspended.I'd already paid for it when I took it out!So they suspended it with no reason and no notification.I'm running live trades on there with open positions.It's Sunday and despite saying they are 24/7 there is nobody around to solve this problem.I'd avoid using them.
Any of the old guard still around?
in
Galvenais
Apr 29, 2022 at 09:05
So, I've not been particularly active on here for maybe seven years or so!I've had my head down and been busy getting on with stuff. I recently thought I'd start getting a bit more involved in the community again, maybe try and give some insights from 14 years of trading to the new blood!Just wondering if any of the old guard are around that I used to chat with on here or whether they've all moved on to working at Starbucks or whatever :D
What makes one a Professional Trader?
in
Galvenais
Apr 29, 2022 at 09:00
A person can be described as a professional trader when they do it for their profession and make the majority of their income from trading.
Mind or Machine? What’s Better For Forex Trading?
in
Galvenais
Apr 29, 2022 at 08:59
Both, only the human mind understands the complexity and variables that go into winning in the FX markets and building the algorithms and using algorithms that can leverage the machine.
5 Things I have learned in 5 years of trading!
in
Galvenais
Apr 29, 2022 at 08:57
I've learned one thing. 95% of people lose money.This means that 95% of people are talking out of their backsides.
7 Benefits of using stoplosses
in
Galvenais
Apr 29, 2022 at 08:05
You know I was taught to set a stop loss by many "pro" traders on courses. But over the years and with thousands and thousands of hours of testing I've discovered that a stop loss is actually a pretty poor way to exit trades for many reasons.Exiting on indicators is a far more effective way and clearer signal to exit a position than an arbitrary point on the chart defined by a stop loss.That's my experience anyway.
Who's making money in here?
in
Galvenais
Dec 09, 2021 at 09:42
As per topic. Just interested in the state of the nation. Who's making money in here on a consistent, long term basis from trading?
MT4 EA that monitors trades based around magic number/comment
in
Pieredzējuši treideri
Mar 04, 2020 at 09:57
Hi,I'm looking for an EA that will monitor my open trades and based on percentage drawdown for certain magic numbers/comments will then close out positions for all the trades with that magic number/comment.Anyone know of anything already available on the market please?Best regards Steve
BlackBull Markets
in
Brokeri
Jan 13, 2020 at 10:44
Resolved!
BlackBull Markets
in
Brokeri
Jan 08, 2020 at 14:15
I opened an account with Black Bull Markets last year. After placing trades for a few weeks I decided their execution was not for me and requested a withdrawal. I was asked to submit photos of myself with my passport and go on a live skype call to confim my identity. I sent my account manager James Chen a request on Skype but never heard back and they have since stopped responding to my emails.
STO
in
Brokeri
May 29, 2018 at 11:18
I'm hearing reports from friends that traded on the news release on May 23rd that STO have cancelled profits they made. I would avoid them until the matter is cleared up.
Colmex Pro
in
Brokeri
Oct 11, 2017 at 19:56
Just had a catch up with a friend of mine who told me Colmex just closed his account and removed ALL his profits. Now I know my friend and I know he will not have been doing anything in breach of his contract.I would avoid Colmex until this is cleared up. I'll keep you posted.BR Steve
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