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Recent content by frodo77

  1. F

    Non-Repainting-Indicators my collection over the years 3.10 star(s) 22 Votes

    Thank you for your indicators. I look forward to testing them out.
  2. F

    Begin with small sums, increase the size of your account through organic gains, not by greater deposits.

    You can start with a 1k account. Use a 0.1 lot size for each trade. Only 50 pips a day will double the account in one month. Then you can use 0.2 lot size and start compounding. This way you grow your account nicely.
  3. F

    I'm not catching discipline's meaning?

    Discipline is multi faceted. Not allowing your loss to grow. Setting a target tp and stick to it. Never mind "leaving pips on the table". Having a strategy with rules that you obey.
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    Do you believe in Fibonacci levels? 5.00 star(s) 2 Votes

    Fibonacci is extremely powerful, and well worth learning. There are lots of free videos out there. Curtis Kobane is a master of fibonacci.
  5. F

    The moving averages independent.

    Moving average crossover strategies work really well is you know price action and market structure.
  6. F

    While scalping can positively instruct you. 1.00 star(s) 1 Vote

    I find scalping on the 30M timeframe, all gbp pairs in London session, very lucrative with a working strategy. You are never too long in a trade.
  7. F

    General Agimat trading systems 1.00 star(s) 1 Vote

    I have Agimat. I find it works ok, but the future predictor is not very reliable, as it changes with the market condition, and therefore you cannot backtest.
  8. F

    Use Stop Losses wisely: 2.00 star(s) 1 Vote

    Placing a SL on every position is very important for your protection. However you need to let your trade breathe, so don't make it too tight, otherwise you could be stopped out before the position goes in your favour.
  9. F

    How long have you been trading? 2.50 star(s) 2 Votes

    I started 3 years ago. I have spent lots of money on education and strategies. I have blown 3 1k accounts, 2 of which by EA's. Now finally starting to see some success and consistency.
  10. F

    Can I make a living trading forex? 1.00 star(s) 1 Vote

    The odds of being a successful trader are stacked against you. However studying and hard work makes it possible. There is no shortcut.
  11. F

    Taxation of Trading Profits

    I am a Canadian citizen, and yes, I have to report any forex profits. Its classed as a capital gain.
  12. F

    Trading Hours in Different Countries

    I am in Chiang Rai, Thailand, so I trade the Asian and London sessions.
  13. F

    How to mute those annoying MT4 background notification Sounds on your Windows 10.

    This does not work for me. I do not get the same as shown when inputting adjust system volume.
  14. F

    Trading with the trend gives you bigger profits

    Its a well known fact that it is much safer to take trades in the same direction as the trend. Also higher probability of success.
  15. F

    Know yourself. Define your risk tolerance carefully. Understand your needs.

    Risk management is definitely extremely important. For a 1K balance, only risk 1% per trade at a time and you will be safe.
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