I have to agree as well.
- Joined Jul 2014 | Status: BAGONG!!! | 1,142 Posts
If you ask me to code/fix your EA... it's probably not for free...
Why you lose money and will always lose 31 replies
Did we Lose any Brokers? Are we going to Lose a few? 1 reply
The one reason that trumps all other reasons why traders lose 262 replies
Real Reasons why Retail Traders lose money 75 replies
5 Reasons Why Traders Lose 171 replies
DislikedAfter many years of trading experience I think that I can indicate the main losing factors: I always lose too much when I wasn't patient (when I breaking the rules) and when I risk to much. If you do not want to waste Your money, You must build really good trading plan for many (sometimes irrational) situations. In this plan You must specify many rules ike: trade Entry/Exit points, Risk Management. Finnaly, You must define how You can earn much more when You have a good trade and how to minimize Your loss size when You have a bad trade . It's...Ignored
DislikedFirst lets find a good definition for Forex if you want to know why Forex traders loose.Ignored
Disliked{quote} Yup, there should be a bar against allowing newbies to trade shorter time frames..but then again, when do newbies ever opt for the safe route..Ignored
Disliked{quote} Demo statements make no sense. You can get profits in Demo accounts. But it is hard to earn profits from Real moneyIgnored
Disliked{quote} Man I love this quote. There are some very intelligent quotes in this thread and some are just non-sense. You should NEVER open a new account with anything over $1,000 (IMO) as a newbie. .... A new trader cannot help it. The new trader has BAD judgment for a period of time. Until he has used his DEMO account to relieve himself of overall bad decisions and emotions he should not open a live account. Failure is certain.Ignored
Disliked{quote} Wow thats sooooooooo true, also here on FX factory you can see the TE's aggregated positions which are long and which are short are also not realistic as it most of those trades were just set an arbitrary order, and if they win they can trade another day, if they lose they cannot trade anymore ,so the "population" is ever changing as one trades will run out of money very soon. Just check the top 10 real accounts of the week,memorize the guy who is in the 1st place, come back in 3 weeks and you can probably see him with -99% return just about...Ignored
DislikedI think the worst think what usually happens to traders is that you don't want to accept the loss or you want to cover loss immediately by opening larger amount of lot's than you should.Ignored