One of the best ideas I've ever read here. Almost like a licence to print money. I'm really surprised that people don't seem to be interested.

OK, here's my advice. Divide your 800 USD and only risk 8 USD for each pyramid. This way you can try it 100 times instead of just one time. Diversify your risk.

Why are you so eager to belong to the 95% of people who fail? This so called 'system' is highly hazardous. That's pure gambling, not trading.

That's the same kind of hype like with MLM. Why can it grow into the millions when the same millions fail and give up at exactly the same time? Why do 95% fail when TA is so great???

No, the overall number of retail speculators won't increase because 95% fail utterly already during their first year and leave the market again. Many TA novices fail, many TA newcomers join. A never ending cycle like in the MLM business which ...

Thanks for the good laugh ...

To figure out the value per pip, doesn't it make sense to calculate like this: 50,000 (50:1) / 12830 (EUR/USD) = value x per pip Right or wrong?

Sorry for the confusion, but where do the 10,000 come from?

On ignore.

Another NOVICE?

@ twinchell 8 - 3 = 5 SL = 5 Do you finally get it now? Oh dear, oh dear ...

Where did I write "3 of that 5"? You seem to be highly confused. Are you a novice? Please learn the basics of FX first. Thank you.

A 8 pips movement.

In this thread traders have suggested to go for a TP of 5 pips without any SL. Why don't you turn it around? SL always 5 pips and no TP at all. Combine this with a full hedge. Enter negative correlated EURUSD and USDCHF at the same time both with 5 ...

The ROI of a martingale is always lousy and sucks. You want to risk 1-3-9-27 just to win 1?

Which broker? Just curious.

Who cares about pips? Pips are unimportant. The most important question is: What is your ROI (=Return On Investment) in percent each month? I assume your ROI is lousy.

Euro — As I'm located in good old Germany it's EUR. Cheers

César, thanks! I'll take a look at GFT. For scalping we need a scalper friendly broker with very tight spreads, honest execution and great charting.

Hi César, which broker do you use for your successful scalping? I desperately look for one I can trust and with a charting suitable for scalps. Cheers