95% of traders fail - page 7

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ya, even it seems impossible, your stuff is suit to which market condition, how often that you see those favorable market conditions occur and after you open MT4 and got no transaction (short, long postions on hand) , what will be your Premature ENTRY i.e the time that it take you not to have any position, keeping watching the MT4, then enter one simple position on 1 curr. --- can you hold it longers, how long can you hold without even holding one position

I am not even talking about your demo success rate, just like a time casino, many bright people came in (and leave their years of experience here, some talking about how much money they are willing to give to broker to HAVE a shot in this luring you in game-- we can talk negative about a strategy, just not to point finger to ANY PERSON --remember the one that who suggest this method as it did seems promising to him)

finally, if not 95% fail -- how fast is your eye with a bunch of random number flashing in front of your eye, faster than 5 horses pass the finishing line within 1 second (first second) and all the 5 horse have 1/5 chance to win the race

so we should really either

pick 2 currencies, that antagonistic to each other (eg x-curr)

bet against ourself with 2 broker 2 mt4, 2 account or use 1 with java as in FXCM or fxpro (easier to know what you are holding without those 4 set of Limit future order, java look more simple

if you bet against yourself, both account should loss pip spread (constant , which is unknown, say assume ps1 for 1 demo, ps2 for end demo-- opposite to first demo)

then if we use simple equation to figure out ps1 = ps2 = say 505 USD

then take away these 505 USD

since 2 account bet against each other, almost enter simultaneously within 45 sec apart at max

exit same too

therefore gain in demo 1 should == (equal)== lost in demo 2

~~~ russian in many european countries figure out what is more guarantee to win, russian tend to steal thing in real life (white people act like indian culture people or some hidden british character)

but some russian are really good in MATHs, formulated, MQ4 programming, you must find a group of indicator e.g. butterfly or zap101 to 106 by pochuk (a reader here-- member), I spell his name with typo

know more ways to earn some sure cash in forex

does big boys on trading floor give you earthquake and who are the goldman sach people in some twitter that know stuff in advance

I play this game much more sophisticated than new comers, quite sure it is not 50 50 %, may zero sum game is not about putting loser money in winner pocket, but it means your balance in the broker

i.e. feedback on success or failure on each thread, disclaimer, you are so glad for the contributor for the suggestion of a simple trading system , but as a tester, using which broker, after few months, (list why you enter the market, how many transaction per week) what result, you are glad to tell the contributor for that thread

some thread, I just like those lines , those presentation than others

here, free section, freebies

elite section (non trial, but buffet) you can download any methods that you like -- maybe they know the % of their strong recommendation that help you to decode forex --- not a game of sign, but why you play with your casio watch anyway

if 95% did fail, then fair to 10% (5% x 2) , so just pick that 10 people went into forex casino amongst 100

all these forex trader are accelerated learner, everything they learn , accumulated will help them to manage money with almost no leverage, leverage may be only good for hedging (i.e. you buy 100 share of up, but hedge with a price level (future) that you will be losing big with these 100, leverage help us to set a price level limit order, if the leverage is 20, then we use 5$ (with enough balance) to start hedging the original non-hedge 100 share of up--- if market go down, but the actual loss with or without leverage still real money, still 1 to 1

got it? or none is understood, then you could be idiot (dunno from which country that maths and logic is so poor)

 

i work for trading last 3 to 4 years

but i now get some patience and work on one aim

in between i loss my confidence but now i make my system

and i earn in demo version 30% of total investment in just 28 days

here is 28 days which was complete trading days no any holiday and Sunday

i think if any one work hard with right direction and with right master everything is possible

but heeeeeey guys don't make scary new traders

this kind of talk make me other traders unconfidence

 
lion of gail:
i work for trading last 3 to 4 years

but i now get some patience and work on one aim

in between i loss my confidence but now i make my system

and i earn in demo version 30% of total investment in just 28 days

here is 28 days which was complete trading days no any holiday and Sunday

i think if any one work hard with right direction and with right master everything is possible

but heeeeeey guys don't make scary new traders

this kind of talk make me other traders unconfidence

is the student becoming the master....

and will he share his Holy grail when the time is right?

good to hear your winning Mr Lion

 
WR1:
is the student becoming the master....

and will he share his Holy grail when the time is right?

good to hear your winning Mr Lion

i m work on only two indicator

1) mtf nonlag ma v7.101 for 1 hour

2) nonlag ma v4 slop mtf2

it work here in India

and i put SL previous day high low it's work nice

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Its very true , helpful info...

Really like it...

 
lion of gail:
i m work on only two indicator

1) mtf nonlag ma v7.101 for 1 hour

2) nonlag ma v4 slop mtf2

it work here in India

and i put SL previous day high low it's work nice

Hi Lion of Gail - I agree with you 100% when it comes to having on 2 indicators. I trade the same way and out of losing and winning for about 7 years straight, I've just now become successful because I've learned that less is more. Some people have 5, 10, and even 15 indicators on their charts and they're now blinded to what the market is really doing. My small 2 indicators have made things very clear to me. I'm now in the process of making my trading system into an EA where I can monitor it from time to time. Unfortunately, I live in the US and elementary knowledge shows where most market movement takes place during the London and US sessions. And to capitalize on both sessions, I need something in place for when I'm asleep during the London session and when I'm in route to work during the beginning of the US session. I monitor my trades throughout the day but it does a bulk of the work for me. Happy trading to all!!!

 

When it comes to trading indicators, less is indeed more.

If you had studied indicators, you would have realised that there are 2 groups of indicators. One group is for trading trends, the other is good for trading range. All you need to do is to decide what market structure you prefer to trade in and then choose an indicator from the groups.

Personally I use Exponential Moving Averages to help me identifying trending market and Stochastics to help me identify range entries. I also watch for obvious support and resistance levels. That is all I use for technical analysis. I apply market fundamentals together with technical to identify my trades.

For more info, I think you can refer to AskMarioSingh blog because that's where I learn less is more

 

hello every one

i m here to know that pls help me

how many people earn from Forex trading ????????

pls give this post thanks so i count them

and i think in one month only 5 to 7 day when we earn money fast

then some days are for stable and protect your money to the loss

how may agree with me

 

It is some thing around 80-89% who loss money, having many reasons. like lack of forex trading education, lack of skills, depending on wrong signals, trust on not suitable brokers, etc. Those who trade safe always careful about the risk management, time management and have required skills which make them in remaining successful %.

 

Why we keep losing our money?

Have you asked this question to yourselves after losing some pips? Well, I asked it always to myself after losing my money. But now I didn't because I tried to record all my trading transaction so I can easily determine my mistakes. And I found out that most of my positions were the same. since then, I changed my trading style and made a better results.

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