apple1937

New link.

 

http://www.4shared.com/rar/zuPtaKhn/E_Swing_Trader.html

Oh... Link is inactive now. :(

Hi,

Anyone has the updated copy of currency outlook score?

Or anyone have the template for updating?

FYI, the scores are obtained from fundamental analysis.

Thanks

https://ufile.io/dz8xw

Thanks. is it good? :)

Hi,

Anyone knows or care to share this indicator from the below website:

https://indicatorvaulthq.com/focus/

Thanks

I know this is one of the most system from our old friend Rita Lasker, but someone in another forum said this is very profitable for scalping, maybe someone want to share for this "great" indy?....many thx before it.

 

http://[email protected]/

By just asking for the indicator is not enough.Thousands of people might be using the same indicator but why only few success? You must know the exact rules of Entry, MM, Risk management and Exit strategy to be profitable.

Remember to success in forex trading, you must always stick to the same system for some time, understand, fine tune and eventually you will get good results.

Hi,

Has anyone known or tried "Forex Profit Matrix"? Any comments?

Link as stated => http://www.forexprofitmatrix.com/

Thanks.

That's right, we should do it. There are no shortcuts to success in Forex. The best and the most important way to earn in forex is through complete forex learning and through continuous forex practice.

Not Bad, Gaban, You have improved..:)

Karl is awesome, you know why? He never blaims a trader or the market when hes system(s) fail =))

Karl & Rita is a perfect match. =))

I have got in that case few times. I got TP for 8/10 trades but profit still was negative. Since with each trades, I put TP very short and SL very far. So when my trades reach TP, I get a little money but when my trades reach SL, I lose about 3-4 times than TP money.

 

With 2 trades lose per 10 trades, summary I got lose. So the best is get TP for all trades (but it's impossible).

I suggest you to review your Risk(SL) Vs Reward(TP) Ratio. For instance, if you only risk 10 pips (SL) and get a reward (TP) of 20 pips for each trade, even 5 out of 10 of your trades are winners, you are still making profits! :) Don't simply influenced by some newbies' mindset "I love trading", so you are going to enter trade whenever your system triggers some weak entry signals. You need to question whether does it worth for you to take that signals and enter trade?

I believe scalping involves a lot of trades in a day, trying to get small profits from each trade by taking advantage of the bid/ask spread.

 

One benefit that scalping has is the risk is much lower than traditional trading methods.

 

You can also lose all hard earned profits in a single trade. So we need to be careful when dealing with scalping because there is NO PERFECT STRATEGY.

If you risk 15, 20% or even 30% of your trading capital for a single trade of scalping. I do not think that the risk is lower than other trading methods. One thing that I agreed with you is " There is no perfect strategy"..:)

Trading with demo account for Beginners is very very Essential! If you really go through the learning process seriously, you will discover there are still emotions exist here and there. You will only learn how to handle and control them properly if you treat "Trading with Demo Account" SERIOUSLY!

When trading with "Demo" Account, think that you are losing "REAL Money" when loses occur, surely you will have different feelings and attitude than before!

Thus, I fully agreed with what Florida Trader said, "Telling new traders to not use demo accounts is a very bad advice."

Yes, it is possible if you can minimize your lost up to 0.3%. But not recommended if you just start trading. Just keep on with you current job, until you can minimize to that percentage, so you will still have something to hold on when you are lost during trading.

Am curious. As you mentioned, if we can minimize our lost up to 0.3%, we can only become full time traders, then what is the minimum profit (in %) that we must earn? :)

I know some of you would like to contribute your knowledge and information to this forum and we all know that "Sharing is Caring" which I learned from this forum years ago.

Please bear in mind that "Sharing correct knowledge and information is Caring" but, "Sharing misleading knowledge and information is jeopardizing!" Thought I have read about this years ago in the old thread at this forum..:)

Yeah I agreed with you, Buddy. Many newbies just lack of "Patient" and jump into live trading quickly as they always think that they have been practicing "Enough" especially they have experienced rows of consecutive winning trades in their demo trading within short period!

The Feeling of "Over-Confidence" & the thinking of "They can easily predict the Market movement accurately" have completely covered their minds and this is a critical condition where most of them will start to "Break" their trading rules unconsciously. Instead of sticking to maximum 3% per trade, they are now risking more than 10% for instance, just because of their "Confidence" & innocent mindset. If market moves in their favors, they will continue to be "Great", what if the market moves in the other way round, will stress out their minds. For those unfortunate newbies who burn off their live accounts, may not only loss their hard earned deposits, but also their "Confidence" and "Courage" to trade again in the future....:(

Incorrect gaban...stress occurs during demo and live trading which effects a trader's emotional intelligence, decreases the trader's ability to maintain concentration and attention, and even dampers the traders awareness of the market environment. Trading live accounts does bring out more stress than demo account which refutes your comment where it begins effecting only during live trading.

 

Demo trading differs from live trading for several reasons. Prices feeds can be different, features may be different, execution time may be different, requotes are not an issue and always accepted, no slippage, no waiting messages, no hesitations during news releases, and the list goes on and on.

 

Please do us a favor and help out this forum. You should cease giving out bad advice. We have asked you to stop and you continue to do so. Your last advice telling forum members NOT to demo trade was really a bad suggestion. I've noticed that you are using the word psychology many times on this forum and in the wrong context too.

"Demo trading differs from live trading for several reasons. Prices feeds can be different, features may be different, execution time may be different, requotes are not an issue and always accepted, no slippage, no waiting messages, no hesitations during news releases, and the list goes on and on." => Yeah! I like this Paragraph.:)

My Questions:

1.) What is your typical TP & SL for Scalping?

2.) What is the ratio of your Winning Trade Vs Losing Trade for Scalping?

3.) Are you trading with Fixed Lot? or MM?

Hi guys, you will find many educated EA in this forum shared by dedicated people here and quite a lot of them function well in live account. But please bear in mind that without testing the educated EA in demo account and understand the trading logic behind them thoroughly are extremely dangerous! Some of them might blow your accounts without handling properly!

The intentions of sharing educated EA in this forum are for learning purpose and also for members to identify "Scammers" & "Genius Offer"... :)

To success in Forex Trading, we really need to start trading with demo account. By doing that, we will have better understanding on how the price moves, testing and fine tuning on our trading system/ strategy until we are completely satisfied with the outcome. Without practicing on demo account, will just like throwing your hard earn money into the ocean, sooner you will broke! :)

Remember: It takes years to success in Forex Trading, but it takes minutes to wipe out your account! :)

From my opinion, "Indo-Investasi" is still the best site to learn Forex. If you spend enough time to read through the previous threads, you will find out that there are many brilliant and dedicated members here who really examined, evaluated and criticized many so called " Holy Grail" trading systems and EAs that you can hardly find anywhere else on the net.

By reading their posts, I have gained lots of insights and in fact, some of them are kind enough to point out my previous mistakes,correct my negative mindset, encouraged me not to give up on trading by sharing their success stories with me..:) I am touched.

Thanks for your advice.

Could you give the link for that thread so we can learn from it

Hi Gaban, seriously you really need to spend your time and efforts to go through possibly, each or every of the thread posted at this forum. Although it is impossible to finish all of them within short period and unfortunately,there is no short cut to success if you really want to make Forex trading as your future career. I am sure if you have patient (which is also very important in trading) and put enough efforts, you will soon discover lots of 'unexpected" knowledge that help to improve your trading skill and control your trading emotion effectively. Personally, I do not specifically recommend any trading system to you as you might know the system that suitable for me might not be suitable for you due to we all have different personalities and risk tolerance degree. In fact, my trading system is a mixed of technical and fundamental analysis which I learnt from this forum, fine tuned to suit me through years of accumulated demo and live trading experience. :)