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Mythsphinx

Joined Jul 11, 2017

Príspevky: 10

Connections: 1

Skúsenosť: Menej ako rok

Poloha: Australia

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Posledné príspevky

Risk and Forex

1:100 and 1:2000 leverage makes no difference when calculating position sizes. The only difference is that you can open up more positions with 1:2000 leverage compared to 1:100. If you have a good plan and you have a maximum number of open trades that you allow yourself to take and remain loyal t...

7976

Jul 23, 2018 at 14:15

I Really Need a Mentor That is Making Money

That's great. Keep it up. Hope you keep on improving on your trading and making more profit. Another thing I wish to pass on to new traders is that pips doesn't tell you if a system is profitable or not. My expectancy is currently -10.7 pips with +$0.98. So I'm expected to lose pips but make pr...

7860

Feb 01, 2018 at 08:43

I Really Need a Mentor That is Making Money

Hmmm.. Not trying to be rude or anything, but winning percentage doesn't mean a system is profitable. Example. Say someone have a 90% win rate. But the Risk: Reward is 10:1. What this means is every time that person wins, he wins say $100 but every time he looses, he loose $1000. So with a win r...

7860

Jan 30, 2018 at 08:42

I Really Need a Mentor That is Making Money

Thought I'd add this for the fun of it. I'm technically a multimillionaire in that currency and I've literally made millions in Indonesian Rupiah in trading. If I converted the dollars I've made that is. lol Don't take me too seriously. Just thought that this thread has become a joke that's all.

7860

Nov 29, 2017 at 07:38

Risk and Forex

We need to take risks to make money. But we need to take calculated risks to make consistent profit. Sometimes even with calculated risks, a black swan event can do a lot of damage to our account which can leave a scar on our psychology. The main thing for me is trying to learn not to attach myse...

7976

Nov 26, 2017 at 15:49

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