Used a test account so the balance was low around 80 USD
-Today results in 63 trades
-only 3% profit
Moving to the 5-minute timeframe, slippage is way too much currently couple with the high commission resulted in a very stressful day.
-Commission paid - 30% of the account.
-Amount lost due to slippage around 20-30% of the account.
After taking a period of 2 months trying to reduce slippage to zero which I was unable to do.
I discover A basic rule the market always follows however it is so extremely well hidden and goes against every traditional trading rules down to the most basic.
As such I am convinced that 99% of traders will continue to lose, there's simply no - way around it from the second you are exposed to anything on the internet it's unlikely you will ever succeed in trading.
Good Luck to you all, I believe I have found my way so my journey shall end here
Also, why have you stopped updating your trade explorer, you seemed very confident about your edge at the beginning but now...
The issue with the method stem from the fact that I was actively trading indies which naturally have a slower execution time than forex currency as such huge slippage was occurring on the IC Market live platform on ActivTrades not so much but due to their leverage being 30:1 they were not a viable broker for me.
The issue was compounded as I live in a country that known for money laundering as such getting a more suitable broker was difficult.
I tried various methods to handle the slippage.
EA (learned to code )
upgrading my internet
as well as 100's of adjusting base on charting.
In the end, I realize that there was no way to reduce slippage but I did notice that It was possible to tell when the slippage was going to occur since then my trading has turned a full 180.
I am taking a break from the forex factory as Nothing on this site is of any significance, however, I will put up a TE soon to show everyone that I am not full of shit then I will disappear for good.
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