99 percent of Foreign Exchange traders don't make money
While this isn't an absolute fantasy, the circumstance in which it is said is misleading.
What's the misleading circumstance? It...
Type: Posts; User: romocop
99 percent of Foreign Exchange traders don't make money
While this isn't an absolute fantasy, the circumstance in which it is said is misleading.
What's the misleading circumstance? It...
Banks/Big Dogs/Big Players/Market Makers aren't out to get you, they aren't manipulating the market, stop being paranoid and just admit you are a lousy trader
Just read this latest bit of news,...
Lower timeframes have more'sound':
This I found from experience to be untrue. But to try to prove it
Well, firstly, we could show professional traders a couple of charts and ask them to...
It is kinda odd with the simile of the Composite Trader in a zero-sum game like Foreign Exchange! As when the Composite Trader could be profitable, even if it were not for spreads and commissions!
I used to believe trading myths existed, but today I think that paradoxes is likely a more accurate expression. For example, the OP says that just aiming for high RR transactions (as a profitable...
I understand what you mean, but I had been using a type of mathematical definition of RR.
What you mean is, you take a look at a possible entry, and you believe ok, what's my risk? What is my...
Our largest challenge really!
You're probably Perfect! If you think of this in terms of probabilities, what you are doing when you BE is providing price less room to breathe, which means more opportunities your SL will be hit. ...
Well, from what I can see it is nothing you can't learn online at no cost.
Hey Myo!
Actually I tend to agree with this! That's one of those myths I wanted to handle, the concept that lower timeframes have more noise than greater timeframes!
But I am not...
Myth no Two:
I Exchange pure Price Action
Really? Do you? Do you trade Renko charts? No? That is exactly what I thought!
Most of us utilize indiors. There is no shame in...
I'll set the ball rolling! Myth no 1:
Favorable Risk Reward Ratio
I.e. the concept that if your TP is twice (or thrice etc.) your SL, which somehow you are advantaged, which somehow this...
Hi Jason,
I'm glad an FXCM representative asked this!
I don't know why others might be interested in this, but for me personally it had been due to a egy I invented (but unfortunately...
I was looking for the same item and stumbled upon this thread.
So to increase the list of brokers who do not have limitations for open pending orders: Forex4you and ThinkForex.
Hey dear Pipmakers!
The purpose of this thread is to discuss some of our favourite trading myths.
Ever felt irritated that some old-fashioned piece of trading information remains being...