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Arcferreira
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Posts by
Arcferreira
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Reasons why you should NOT trade cryptocurrencies
in
Crypto
Jun 26, 2018 at 06:36
Start trading on Small money means, trade what you can afford to lose...
Broker choice
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New Traders
Apr 01, 2018 at 14:39
Good advice!
Can forex trading make you rich ?
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General
Jan 11, 2018 at 07:59
I believe almost all trading systems that rely in R/R ratio and winning ratio works. What I see as the biggest problem is greedy. High leveraged accounts and no stop loss is the devil behind margin calls. If you want 50% a year, you don't need to risk that way. But if you want 50% a month... the odds will go against you early or later.Ok 50% a year won't make you rich... in 10 years...100.000 USD would become 6.000.000.
Broker choice
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New Traders
Dec 27, 2017 at 07:48
Exactly... but I believe Swiss and UK brokers will not follow these rules...
Risk and Forex
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New Traders
Dec 26, 2017 at 08:01
Yes... if your broker was one that failed... but traders that use low leverage and SL in trades survived.
Hello everyone
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New Traders
Dec 24, 2017 at 09:54
Welcome!If you did well in Demo, try to trade real in cent account. It is good to feel fear and greed when you are trading, something difficult when you use demo...
Risk and Forex
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New Traders
Dec 22, 2017 at 10:47
Exactly... an event like Swiss Franc crash was unexpected... high leverage and no Stop Loss was enough to send Fxmarket to chaos...
90% are loser ..why ?
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New Traders
Dec 21, 2017 at 09:08
Yes, fear and greed is what move trends. And because Forex is high leveraged fear and greed are leveraged too...Try to trade an unleveraged account. Boring and riskless. You can easily achieve 6% a year with zero risk... Try to trade 20x leverage in just one trade. A 0.1% move (like EurUsd goes from 1.2000 to 1.2012) becomes a 2% profit! You can do that in scalping strategy, using for example, engulfing candles or inside bars breakout. I was able in a micro account to double my money in one month using this strategy, but never tried to do that with big money... because fear would mess everythi...
Natali business account
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Trading Systems
Dec 19, 2017 at 13:09
What I am telling you... Use custom analysis to identify the thieves here. Another way to tweak the Myfxbook is using deposits instead Withdraws... the mechanism is the same. Look the results before and after a deposit or withdraw to show who is honest, who is not...
Natali business account
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Trading Systems
Dec 19, 2017 at 13:09
Interesting... 1% gain in total account for every 10 pips traded. That means a lot of lots traded. And a lot of risk. We can't see the risk, because he won near 100% of his trades. But this trick is old and I will reveal it here... The owner of this account started it at May 18th. In May 19th he did a Withdraw at 22:24hIf you use custom analysis and look what happened from May 18th (start of account) and May 19th 22:23h, you will see:An account with 7.59% of Equity... near to bankrupcy!!!If you do the Custom analysis from May 18th (start of account) and May 19th 22:25h, only 2 minutes late...
Intraday Trading is gambling
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New Traders
Dec 19, 2017 at 07:13
You are correct! If you have 1:1 reward risk and 60% winning ratio... you will be profitable. Yes, easy. But there are variables in this equation: Patience and learing curve.I spent near 2 years to have patience enough. Market has its own time - you need to be patient to wait price action.After learning patience, your learning curve take cares of the rest.
What is the best way to manage loosing trades?
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General
Dec 18, 2017 at 15:15
People use martingale and averaging in a wrong way. When you are trading, some support and resistances will define a change in master trend. When this change happens, Martingale, grid, aversging fails miserable. But if you sell at .382, .500, .618, .786 and .886 in a Fibo retracement, but incrising your lots... it is an Averaging or Martingale strategy, with a SL at 1.000, where trend shows signs it has ended. 0.01 + 0.02 + 0.04 + 0.08 + 0.16 = 0.33 lot. I think it is better than place the 0.33 lot at 0.618 for example.
Can forex trading make you rich ?
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General
Dec 18, 2017 at 14:48
Because this strategy can't be followed by others. Is like a bubble... you don't know when it will blow.
Intraday Trading is gambling
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New Traders
Dec 18, 2017 at 07:22
Sorry 45 rounded lots, not 450...
Intraday Trading is gambling
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New Traders
Dec 18, 2017 at 07:22
If you are trying to daytrade, small details are important, but a good strategy and risk management are more important. Agree with you about overtrading... but the number of trades for a day is based in your strategy. If a trade fits all rules, why not trade it? Or if any trade fits your trading rules, is better stay away and not trade...I prefer to use Elliott wave theory to find a good trend, trying to spot a good wave 3 or C in larger timeframes. After this, the good and old price action takes care of the rest in lower timeframes. But I can't consider myself a daytrade... in the last 3...
What is the best way to manage loosing trades?
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General
Dec 18, 2017 at 07:17
There is a lot of strategies to deal with losing trades.1) Stop Loss - soft one (based on individual trade) or hard one (based on account balance), static or dynamic... 2) Averaging and its variants (Martingale, grids...),3) Hedging,4) a combo of everything.The best one??? It depends of your trading strategy.
Intraday Trading is gambling
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New Traders
Dec 17, 2017 at 08:25
A mistake...60 winning trades × 0.8 - 40 losing trades x 1 = 88 x 0.25% = 2% monthly or 8x2% = 16% monthly.
Intraday Trading is gambling
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New Traders
Dec 17, 2017 at 08:25
I really does not agree. Or agree at all. Let me explain:All type of investment is a gamble. Even when you buy US treasuries you are gambling, because you don't have 100% garantee that US government will pay you in 10 years.But the biggest difference between insvesting and gamble is risk management. There is a lot of formulas to calculate risk management. Find one and trade following it. A common risk management is using winning ratio and risk/reward per trade. A day trade can achive easily 60-80% winning ratio trading only a specific price action candlestick formation called inside bars, ...
Can forex trading make you rich ?
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General
Dec 17, 2017 at 08:20
Another fantastic software that will make you the richiest guy in the World. Show me an account running at this pace (10% monthly) for at least 2 years. A fantastic return of 10x the initial ammount.For 5 years? 300x initial ammount. For an 350.000 USD account we are talking a final number of 1 billion. But there is only 2.000 billionaires in the World... and you are not one of them... why?
Can forex trading make you rich ?
in
General
Dec 14, 2017 at 08:08
hYou are right 4xAce. I had lucky in past and stopped trading before losing everything.But 30-50% year is not impossible. There is good signals able to achieve this level of return. At Darwinex, Thales signal is one of them. You can use it... I did. Good return with low DD. Darwinex is a regulated broker in UK. It worths a look.Is not a get rich scheme... but you can live trading Forex.
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