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- lcy723 replied Nov 2, 2017
Everybody and their grandma expected the rate hike, it's already priced into the market. Note how price rallied by 40+ pips before dropping 160+ pips. It's like every move the market makes is deliberate and some psychopath is manipulating it. Never ...
- lcy723 replied Oct 11, 2014
There's no perfect solution. Losing streaks could be simply a part of your trading system, or it could mean that the market conditions have changed in one way or another. Reducing your lot sizes after a losing streak, could actually be detrimental ...
- lcy723 replied Sep 24, 2014
Funny how some people are still trying to defend him even after the PM was revealed.
- lcy723 replied Sep 24, 2014
If you were a multi-millionaire why would you even waste your time on an online forum, let alone give two hoots about the opinions of anonymous posters on the internet? The effect of greed and hope on the human brain is amazing, no wonder there are ...
- lcy723 replied Sep 23, 2014
200->300k is a gain of 150,000%. If you believe this guy you need to do a reality check, beacuse you have no chance of succeeding in this business, ever...
- lcy723 replied Jul 2, 2014
thank you, will do .
- lcy723 replied Mar 20, 2014
There's a difference between skill-based returns and high-returns acquired through taking higher risks. Just saying.
- lcy723 replied Feb 4, 2014
Trading is not quantum mechanics. The trading equivalent would be random walk theory or the efficient market hypothesis. The presence of highly competent traders such as Ed Thorp, who managed to achieve an average annualized compounded return of 19% ...
- lcy723 replied Feb 4, 2014
Nope, you're wrong. If the quotes on EUR/USD are 1.3512/1.3514 and I want to go long, i get the ask price of 1.3514. If I want to get out, I have to close my trade at the bid price of 1.3512. You only pay the spread ONCE.
- lcy723 replied Nov 6, 2013
Pretty generic advice: "indicators and chart patterns are useless, journal your thought process, put in screen time". A lot of words but in actuality there's not much substance. Googled Zias Masri. He runs a website and offers a "professional ...
- lcy723 replied Oct 22, 2013
Since you're showing off your MT4 trade report, you might as well link a trade explorer/myfxbook. It gives you more credibility. You can lock the balance/equity and trade history if you want to maintain privacy.
- lcy723 replied Oct 22, 2013
Did someone get burned? Do people really believe that you can make a fortune by looking at horizontal/squiggly lines and memorizing silly patterns. You can probably train a chimpanzee to do all of that. It doesn't really take much intelligence to ...
- lcy723 replied Oct 4, 2013
I cringe every time someone talks about the market like it's a person or something. Guys, for the love of god please stop doing it, it's creepy.
- lcy723 replied May 16, 2013
Thanks for the reply, but I'm talking about visual mode backtesting in the strategy tester. I don't think it will let me skip to a date that it hasn't generated yet. edit: nvm i found a software.
- lcy723 replied Feb 21, 2013
I thought that was a given? The question here is whether it's probable or not. If you have already been on Forex Factory for this long it's impossible for you to be oblivious to the answer. "Advice is what we ask for when we already know the answer ...
- lcy723 replied Dec 16, 2012
My sentiments exactly. If you're not in need of money right now and have confidence in your trading skills, why even bother withdrawing money? You'll just impede the process of compounding.
- lcy723 replied Nov 20, 2012
Hello GreyWhale. Open your terminal in MT4, select account history tab then right click on it and save as either report or detailed report. Have fun with it .
- lcy723 replied Nov 11, 2012
i'd say it's the latter.
- lcy723 replied Nov 3, 2012
( Equity =< Used Margin ) or if Useable Margin is =< 0 = Margin Call Useable margin = equity - used margin Example: If your balance is $10,000, current open position is 1 standard lot on EUR/USD and leverage is 50:1 this is how you calculate the ...
- lcy723 replied Nov 1, 2012
Hello Supertrader, Sorry for prying but I'm curious about what happened to your live account during Oct.1-4. It seemed that you were doing pretty good up to Oct.3 but you suddenly busted your account in a day. I have no idea about what actually ...