- Quickly replied Dec 4, 2021
Certainly looks that way.
- Quickly replied Nov 21, 2021
Yes There's only one kumo. The "kumo" is the shaded/clouded area between Senkou Span A and Senkou Span B (the lines that are projected forward). It's not quite clear what you mean by "kumo up" and "kumo down". I know English isn't everyone's first ...
- Quickly replied Nov 12, 2021
Guys, am I right in thinking that because TraderOtakar started this thread, if someone (perhaps Vitek?) asks him simply to add this PaulMF person to his ignore list, that would prevent PaulMF from continually undermining the entire purpose of the ...
- Quickly replied Sep 3, 2021
No. They don't. Exactly as pah explains in his reply to you, the spread is simply the difference in points between Bid and Ask prices for any given instrument. You should ignore "williamhall"'s reply just above this post: he's totally misunderstood ...
- Quickly replied Aug 21, 2021
I hear you there - but it depends on exactly what you mean by "best", doesn't it? When colleagues and I used to trade a very similar system (on currency futures) many years ago, we always found that doing what you suggest significantly increased the ...
- Quickly replied Jul 23, 2021
My understanding is that the daily loss limit for the 100k account is $5,000. One of us is mistaken.
- Quickly replied Jul 22, 2021
Sounds like that took you well over the daily loss limit, which trails open equity as well as closed positions.
- Quickly replied Jul 20, 2021
I don't like it at all. There's too much overhead resistance (which is one of the things that detracts from the usefulness of MA's as a trend-indicator). I pass.
- Quickly replied Jul 17, 2021
Some are; others aren't. People who are successfully making their livings through their trading tend to be extra-cautious at the start of a trend. The great majority of retail traders tend to be less cautious. This is a counter-intuitive and ...
- Quickly replied Jul 10, 2021
Very interesting post, thanks, Dave. What kind of stop-loss have you been using for this?
- Quickly replied Jul 6, 2021
Virtually everyone who becomes steadily profitable, and has a little bit of capital, eventually does. (Why wouldn't you? It's all gain and no disadvantages, really.)
- Quickly replied Jul 3, 2021
Not surprised your post already has several "likes". I strongly agree. The forum's packed with people not making a living from their trading, who would like to. I'd suggest that "reinventing the wheel" is a significant issue for most of them. The ...
- Quickly replied Jun 19, 2021
You wouldn't, obviously. But if you're "already trading off a much higher sum", then you're not in FRMO's target market in the first place, are you? Their service is designed for people with trading skills and without their own capital. Clearly ...
- Quickly replied Jun 5, 2021
Absolutely right. In reality, of course, one thing is certain: if you can't trade a small account safely and profitably, then you can't trade a big account safely and profitably.
- Quickly replied May 6, 2021
"Volume bars" and "forex trading" are mutually exclusive, for exactly the reason Karl rightly explains above. You'll need to trade currency futures, to do that. Bar structure based systems (i.e. price action systems) like this do sometimes perform ...
- Quickly replied May 4, 2021
Lol, agreed - this one's a bit too good to get much attention, here.
- Quickly replied Mar 17, 2021
I've always assumed that if 8% get through, about 4% get as far as refund eligibility. But that figure is probably also on the high side, because some who are eligible for it don't take it but take another Challenge instead, and some of those must ...
- Quickly replied Mar 17, 2021
This isn't quite right. They don't actually place YOUR orders into the market - they offset THEIR OWN net liabilities in the market. They are still counterparties, but it therefore makes no net difference to them which clients win and which lose. ...
- Quickly replied Mar 15, 2021
I don't think it will work like that at all. The first month is by far the hardest. I think there won't be too much attrition, after that (though some, obviously). In that sense, FTMO have worked it out well, to retain a high proportion of those who ...
- Quickly replied Mar 13, 2021
Thanks, but I've worked on 3 different hedge-fund trading-floors, over a couple of decades, so I happen to know they do.