oochiwaawaa blabla hahaha By the way: I have been trading with a live account (real money, but only my own) since 2008. Noone can learn trading with monopoly money IMO.

What website and company are you talking about? I have never been afiliated to any. Too lazy for that ..

Your arguments are really convincing buddy, I must say ... I guess you are the old "zero" from the defunct Oanda forum. At least you strongly resemble him.

I do not agree with scalping being anti-trend. Scalping is being contrarian to the retracement, not the trend. That said, for me in scalping there is no trend at all, just waves. You have to keep track of at least 2 or 3 waves of different lengths. ...

oochiwaawaa blabla hahaha. A real wise troll wannabee. Uber-eloquent postconceptual masterpiece.

1. Because they confuse trend with moves. 2. Because they do not understand the significance of waves, wavelength and amplitude. 3. As a result they have bad timing (wavelength) and bad money management (amplitude) 4. Most of them have a contrarian ...

If you pay real attention to those 2 states (expansion and contraction / trending and retracement / move and correction etc.) you will realize that they are relative. Each expansion is a contraction at the same time on another timeframe. You have to ...

I agree that there is no mathematical advantage to using hedge vs. StopLoss. But there is a conceptual advantage if you trade manually and hedge through synthetics instead of directly with the same instrument. It gives you much more flexibility, but ...

OK, sorry, I misunderstood what you wrote. So 65% of your trades are losers, not 65% draw down, I understand now. That makes your strategy the opposite of mine: you trade algorithmic, high frequency scalping with 65% lose rate and I trade manually ...

Right. You have just demonstrated you have no idea about Low Frequency / High Leverage scalping. What you write could very well be profitable with other strategies, yours particularly; I do not argue against it. Each strategy needs a corresponding ...

I think a well chosen Stop Loss is much more important than most believe. I use it as a strategic tool. It is my primary filter for choosing a trade entry. That means that instead of entering trades based on signals and setups and choose a ...

Exactly. I call this being contrarian to retracement. Others call it breakout retesting. Others Resistance becoming Supprort / Support becoming Resistance. This happens on all timeframes, I use basically the same idea for scalping too.

Happy Trolling!!!

IMPORTANT: Stop Loss should always have the trigger price set to the other side: i.e. for long trades ASK, for short trades BID. Otherwise your stops can be hunted down by arbitrary spread spikes, without the broker even manipulating the middle ...

Аll those skills and techniques that you learn through education, both paid for and free, are about 5% of what is needed to become a consistently successful trader. The other 95% is getting to know yourself. Without this, one always ends up losing ...

Do not agree. High frequency manual scalping is a loser strategy, both short and long term. It leads to overtrading, exhaustion and ultimately inevitable loss. Low frequency precision scalping on the other hand can be very profitable, even in the ...

I use daily candles within last week's candle: Or 8H candles within last day's candle within previous week's candle:

There is no trend, there has never been. All that there is, are waves of various lengths and amplitudes. The longer ones can be confounded with trends if seen without context. If you figure out how wavelength and amplitude manifests in PA you will ...

I agree with a lot of this. Than again, there does exist an edge for us small fish too. And that is to observe the activities of the big fish and pre-empt their next action, recognizing the build up of momentum from these activities. Making an ...

As soon as you have learned enough about yourself so that you don't follow your greed, you might give up on it but you don't have to any more. If you do not see that success in trading depends much more on being able to learn about yourself than ...