Cheers,
k
Win in Trend and Win in Range 227 replies
Anyone have a trading system w/90% win rate? 111 replies
Why and how Win-Win in Forex is possible 56 replies
is it realistic to set a win rate as target? 9 replies
Win 2 trades out of 10 and win 180 pips 8 replies
Disliked{quote} Nope, you won't. Been there, done that. No Psychology at all in demo trading. Never feel the loss of real money, never feel the thrill of profit. Will never learn how to handle real fear and greed.Ignored
Disliked{quote} I wish you all the luck in the world, because you'll need it with averaging losses. Cheers, kIgnored
DislikedIf you are seeking initial money to invest there are companies like topsteptrader/topstepfx that will provide you with money if you can prove profitability. kIgnored
Disliked{quote} I’m not sure about you or other people, but I can speak for myself. There’s emotion and “psychology” involved even on demo. I’m not doing this and performing for nothing just so you know. I was very recently on a different social media website looking for someone who I could pitch my idea to so they’d fund me some seed money so I can start trading live, and I have shared links to myfxbook from those accounts, and even the MT4 investor password with several people already. So my reputation is on the line. Just know that I go through fear...Ignored
Disliked{quote} Thanks for the tip. I’ll look them up. Would they look to a demo account though? Many people disregard solely because it’s demo.Ignored
Disliked{quote} i feel for you... but the cold hard truth is: no one serious will invest into a demo account track record. what ppl dont like to hear, i know, but it is a fact. also, looking at your profile, your location is Canada. do you have 5-10 friends? do you have some savings? dont tell me you cant pitch first them and family to put together 10k?Ignored
Disliked{quote} Okay. I’m not gonna disclose all my personal stuff in here because that’d be too humiliating. Also I don’t wanna this thread to become a begging thread. Not to mention it’s against the rules, and I’d like to stick around in Trading Journals. But just to answer your question. To all of them, the answer is no. I’ll just leave you with that. Since you mentioned the 10k amount, when I was making my pitch to people I was asking for anywhere from 5 to 10k. That’s more than enough to build from there on a 1:200 or 1:500 leverage account. And thank...Ignored
Disliked{quote} 2 questions: 1. how much? 2. which usernames you used before?Ignored
DislikedYou are playing with the Dragon. That currency pair traders other name is Dragon Riders, hope you know that. 96% winrate won't help you if the Dragon take a deep dive! I guess that 45% DD came from such small dive!Ignored
Disliked{quote} The ‘invest’ account has 15% drawdown though. Lower risk, lower drawdown. But I get your point I realize it’s still not ideal and that’s something I’ve been currently working on. To figure out how to reduce the drawdown while keeping the same returns. Personally I consider anything under 10% acceptable. That 45% and 15% came from a 300 pip dive against my first entry. The thing with drawdown is that even if you fix it from now on, that stats stays there forever, isn’t it? Apparently on myfxbook you can reduce. My ‘strong’ used to be 45%,...Ignored
Disliked{quote} Who on earth closes a scalping trade after holding 2 weeks for 12 pips profit! when that trade ran into about 290 pips DDIgnored
Disliked{quote} You have been currently working on a strategy & you are looking for investors money at the same time.Ignored
Disliked{quote} i suggest you do that start to accept losing trades as part of trading.Ignored
Disliked{quote} Ofcourse DD stays in the account unless you use a custom date to hide those trade from history! On myfxbook i dont know maybe you are using custom date for which DD is showing less.Ignored
Disliked{quote} Its better you either have hard stop or equity stop or mental stop. Trade based on goals.Ignored