I am a Forex Trader with successful trading. I work on this full time and looking to find if there are any good signals that I should follow.
I have discovered that the main problem in trading using a Trade Copier is Slippage.
http://icmarkets.com/?camp=3035 These guys have extremely low spreads! Great customer service.
I have discovered that the main problem in trading using a Trade Copier is Slippage.
http://icmarkets.com/?camp=3035 These guys have extremely low spreads! Great customer service.
Frank A Brooks
I want to find a great (not good but GREAT ) scalping method. Has anyone had any good results scalping?
If you have then what method have you used and which pair are the best to work with.
F
If you have then what method have you used and which pair are the best to work with.
F
· 7
Frank A Brooks
CANDLE LIGHT
https://www.mql5.com/en/signals/69013
I do not think I have ever met anyone who is as cautious as David Stanton
https://www.mql5.com/en/signals/69013
I do not think I have ever met anyone who is as cautious as David Stanton
· 4
Frank A Brooks
It is the end of another week and I hope everyone had great trades.
Have a nice weekend everyone
Have a nice weekend everyone
· 7
[삭제]
2015.05.29
[삭제]
Frank A Brooks
I like this guy more and more as I watch his trades. 9 more profitable trades today!!!
https://www.mql5.com/en/signals/104378
I believe he is a new Rising Star.
https://www.mql5.com/en/signals/104378
I believe he is a new Rising Star.
· 8
[삭제]
2015.05.28
Lets still cross our hands and feet.
Frank A Brooks
SEE FOR YOURSELF.
This signal deserves some attention. You can see his results here.
https://www.mql5.com/en/signals/104378
41 trades in a row and NO LOSSES. He is off to a great start.
Good job Jacob, I wish you well.
This signal deserves some attention. You can see his results here.
https://www.mql5.com/en/signals/104378
41 trades in a row and NO LOSSES. He is off to a great start.
Good job Jacob, I wish you well.
· 5
Frank A Brooks
My intentions are to post my signal soon. Right now I have a demo account and I am in the process of setting up live account.
BTW... I watch Candle Light and he did it again. Impressive.
BTW... I watch Candle Light and he did it again. Impressive.
· 9
[삭제]
2015.05.15
Good Luck Frank! : -)
Frank A Brooks
TRADING TODAY? ? ? ? ? ? ? ? ?
Is anyone having any good trades today. Ha! I missed a few good ones so I am not doing so good today.
Frank
Is anyone having any good trades today. Ha! I missed a few good ones so I am not doing so good today.
Frank
· 8
Matthew Todorovski
2015.05.13
Mixed results here. My trades are working better than a signal I subscribed to... that is totally wrong!
Artem Prischepa
2015.05.13
Matthew , so why don't you post your signal - we would have invested in your trading system ?! )
Frank A Brooks
2015.05.13
I know the feeling. I have a demo account that is making me a million bucks but my real account is not doing so good. HA!
Frank A Brooks
I have a long term background with Banking.
The talk around this site says," trade like professionals or bankers or institutions" .
Yet traders and signal providers seem to have little to no idea how to trade.
The past week I have seen several providers taken off the list or either not allowed new subscribers by MQL4. Many accounts have been drained dry of not only the traders funds but also the subscribers funds too.
Probably millions have been lost this past week.
Thus far, I have only found a couple of Signal Providers that DO trade as professionals.
This coming week should be slow with May Day and banking holidays. It is ok to sit out a few trades this next week because it is going to be difficult to find good trades.
Frank
The talk around this site says," trade like professionals or bankers or institutions" .
Yet traders and signal providers seem to have little to no idea how to trade.
The past week I have seen several providers taken off the list or either not allowed new subscribers by MQL4. Many accounts have been drained dry of not only the traders funds but also the subscribers funds too.
Probably millions have been lost this past week.
Thus far, I have only found a couple of Signal Providers that DO trade as professionals.
This coming week should be slow with May Day and banking holidays. It is ok to sit out a few trades this next week because it is going to be difficult to find good trades.
Frank
· 10
Matthew Todorovski
2015.05.01
You've noticed that too huh? And I thought I was the only one feeling frustrated at the lack of professional traders. One successful trader encourages a hundred wannabe professionals (me included).
I guess this is just an unfortunate fact: Millionaire traders are highly unlikely to be sharing their secrets online, let alone at cost (or free) on MQL5.
I guess this is just an unfortunate fact: Millionaire traders are highly unlikely to be sharing their secrets online, let alone at cost (or free) on MQL5.
Frank A Brooks
Slippage is not what needs to be watched when selecting a broker.
Every place in the world that you will trade will have slippage. The price is always moving and it will be impossible NOT to have slippage.
What is more important is the spread. The spread can kill a trade.
I do not understand why traders do not know this and still open accounts with huge spreads. They say but I dont have to pay a fee. But the money lost on the spread is several times more than if you just paid a commission or a fee.
Let me explain, it is better to have a zero to .03 spread and pay a commission than to pay NO commission and have a wide spread. If a signal provider is closing a position after a small profit and you have a large spread, then your position could be a loss due to the wide spread.
It is better to know exactly when you can get out with a fixed commission than to not know based on a spread that will change at anytime.
No spread means the broker is not manipulating the prices to make money for himself from the spread.
I have searched the world over and only have found a few brokers that are GREAT brokers.
http://icmarkets.com/?camp=3035 provides great customer service and better yet great fills and ZERO SPREADS !
I would challenge you to look at the spread vs the commissions paid. I will suspect that the money lost on the spread is a lot more than if you would just pay a fee.
Every place in the world that you will trade will have slippage. The price is always moving and it will be impossible NOT to have slippage.
What is more important is the spread. The spread can kill a trade.
I do not understand why traders do not know this and still open accounts with huge spreads. They say but I dont have to pay a fee. But the money lost on the spread is several times more than if you just paid a commission or a fee.
Let me explain, it is better to have a zero to .03 spread and pay a commission than to pay NO commission and have a wide spread. If a signal provider is closing a position after a small profit and you have a large spread, then your position could be a loss due to the wide spread.
It is better to know exactly when you can get out with a fixed commission than to not know based on a spread that will change at anytime.
No spread means the broker is not manipulating the prices to make money for himself from the spread.
I have searched the world over and only have found a few brokers that are GREAT brokers.
http://icmarkets.com/?camp=3035 provides great customer service and better yet great fills and ZERO SPREADS !
I would challenge you to look at the spread vs the commissions paid. I will suspect that the money lost on the spread is a lot more than if you would just pay a fee.
· 6
Jan Tarnogrocki
2015.04.28
A broker that has fixed a spread can manipulate the price your orders are filled with slippage. The spread stays always the same but the price your order is filled is not the one you would like to get. In the end both results do not differ much from each other. Spread, commission and slippage do minimize your profit all together. So what you need is a broker that gives you good conditions in all of those three aspects in sum. Being good in terms of spread and bad with commission does neutralize in sum. But thank you for the affiliate link anyway. No offense to you, but I get a lot of recommendation from you in the nearer past.
Peter Tooth
2015.04.29
Absolutely agree with Deevog, slippage is hugely important when market is moving fast. my experience has shown that having a same-building-as-exchange optic fibre connected VPS with lots of RAM and quad processors is essential to avoid slippage as well. And yes Frank, it is starting to look like you are peddling a broker for your own profit. Also check real accounts slippage on MQL5 and you will see that Pepperstone is way ahead of ICmarkets on slippage.
Frank A Brooks
I AM AMAZED OF HOW MANY NEW TRADERS WANT TO JUST THROUGH AWAY THEIR MONEY!!!!!!!!!!!!!!!!!!!
The best trader on MQL4 site that is trading like a pro and not just randomly making trades is being criticized for not trading?
Is there anyone who knows anything about trading? If you do, then you would know that this week NO ONE should have traded at all.
Several accounts got blown up this past week and traders lost their money.
But Candle Light knew exactly what to do.... nothing. This guy is a pro and we should be thankful that he is offering his services.
GREAT JOB. Continue to do what you are doing now.
The best trader on MQL4 site that is trading like a pro and not just randomly making trades is being criticized for not trading?
Is there anyone who knows anything about trading? If you do, then you would know that this week NO ONE should have traded at all.
Several accounts got blown up this past week and traders lost their money.
But Candle Light knew exactly what to do.... nothing. This guy is a pro and we should be thankful that he is offering his services.
GREAT JOB. Continue to do what you are doing now.
· 15
Matthew Todorovski
2015.04.24
@Olivier: I agree there is much action this week. But I also agree that trend directions have not necessarily been clear. It depends on the strategy employed - CandleLight has a different strategy to you.
PS. Do you SERIOUSLY trade that chart (image you provided)? Very cluttered with indicators...
PS. Do you SERIOUSLY trade that chart (image you provided)? Very cluttered with indicators...
Matthew Todorovski
2015.04.24
@Frank: Yes it amazes me when I see it, yet I too am guilty of throwing good money away. But it should come as no surprise when you consider that 99% of all forex traders do not make money long-term in forex.
Olivier Nomblot
2015.04.24
@matthew I do use that chart I like to have all on one page. I don t know if you ever used renko, but the boxes take a long time to form. I have special auto sizing boxes, so I need to look at something as they form. hence the so called clutter, but it is very clear to me
Frank A Brooks
I am watching many signals right now.
I get a kick when I read reviews because they criticize that the trader is not trading often enough. :)
There are so many novice traders out there.
My suggestion ......... EDUCATE YOURSELF. That is the key to trading. The more you read the more chances you have of making money.
All my best.
ps..... read more :)
I get a kick when I read reviews because they criticize that the trader is not trading often enough. :)
There are so many novice traders out there.
My suggestion ......... EDUCATE YOURSELF. That is the key to trading. The more you read the more chances you have of making money.
All my best.
ps..... read more :)
· 12
Frank A Brooks
WOW DID EVERYONE SEE CANDLE LIGHT?
1500.00 profit in USD
Barley a draw down
Frank.....
1500.00 profit in USD
Barley a draw down
Frank.....
· 7
Frank A Brooks
I have been roaming around this site and looking at the different signals and making a few evaluations.
I found signal that seems to be ran like a Institutional Trader. I am really impressed with him. But he will not disclosing his methods which leads me to believe that he is utilizing the same methods as a Institution or a Bank.
The only obvious thing that I see that he does, is not to set a hard stop loss but monitors the trade live. If a stop loss needs to be used then he is ready to do so based on current trading. Guess who else trades like this .... yep.
The Signal is Candle Light
Any Input from anyone?
I found signal that seems to be ran like a Institutional Trader. I am really impressed with him. But he will not disclosing his methods which leads me to believe that he is utilizing the same methods as a Institution or a Bank.
The only obvious thing that I see that he does, is not to set a hard stop loss but monitors the trade live. If a stop loss needs to be used then he is ready to do so based on current trading. Guess who else trades like this .... yep.
The Signal is Candle Light
Any Input from anyone?
· 7
bzboi2
2015.04.14
have tried more than 10 signals, this is the best so far also very responsible, gives feedback so not to let keep subscriber guessing
Matthew Todorovski
2015.04.14
Deevog, under such extreme scenarios, a SL is useless due to slippage. Folks got slipped with SL so bad they still owed money to their brokers. SL is no 100% guarantee that you will be protected. There can often be a disconnect between a SL with a broker, and the actual price provided by the liquidity provider.
Matthew Todorovski
2015.04.14
@Olivier: Agreed. SL is a common method used by brokers (market makers/DD) and liquidity providers to boost their profits. Using smart-hedging techniques you can ride out the drawdown and close the trades in less of a loss in future. That is beyond my intelligence level though...
Frank A Brooks
Happy Easter to all,
The banks are all closed due to holidays so we can all take it easy.
I look forward to trading again soon
Good Day
The banks are all closed due to holidays so we can all take it easy.
I look forward to trading again soon
Good Day
· 8
Nikolay Globa
2015.04.07
Hello, Frank! Glad to see you among the traders! That is also very good Forex company in Estonia for American users http://goo.gl/9iUOoJ Service and integrity at the highest level
and 'all ic rubbish market and full of delay look at www forexpeacearmy my photo and result
can not exist broker ecn with indices and commodity !!hahahahaha icscam and only m market broker !!
the broker takes the money not to spread
but slip by delays they put huge delays ,, I have hundreds of photos of scam ic market delays execution
when you want i put here to
he always plays with table rigged without real time hahahahaah
Frank you work with platforms disconnected from reality like going to work on the moon
amazing that you do not understand this ,,, under 5 minutes average
all the order are slowed down automatically by cheap pc programm antiscalper
but I can not say for not being censored here Regards