Recent content by kwsim80

Hi guys, maybe I am slow. I don't understand why are we bringing in the broker into discussion when we talk about the "Truth about Trading"? The truth about trading is about emotion and stay discipline. Still can't link the them with the broker unless there are benefit for thosr reply to the...

Hi, I definitely agree with you. You can consider successful only when you can have consistent profit. Need not be a lot but definitely not red. I am trying to do it. Have paid a heavy price for my losses. Cheers...

If trading is easy, everyone would have become overnight millionaire. But that's not the case and it is definitely not easy. Agree that emotion has a large part to play. Other than market analysis, I feel that we must have a trading plan. I read somewhere. In Forex trading, these are the 5...

HI, that's true. That's how I got wiped out previously. So gotta quickly withdraw the profit once it is made.

I am not using TSR. I am using Legacy as I was told that both are almost similar. Can't confirm as I haven't download TSR.

I am using Legacy EA. I was told that Legacy is the simplified version of TSR. However I am not sure if this is true as I don't have TSR. I am still a newbie and unable to download the attached file. This Legacy EA is really scary. I would think that we still need human intervention when using...

Hi thanks for the advice. Haha... Once bitten, twice shy. Quite hesitate to try again as the setback for the lose is quite large amount around $2k usd. Ya... Tried to modified the EA settings earlier but the martingale function is unable to set with decimal place and the lowest value is 2 and 1...

Not an expert on backtesting but would still recommend to run the EA on demo to get the desire results. Just thinking if most of the EA work in similar fashion? When the price went up, the EA will just sell and will be more aggressive to sell when the price went further up. And it will just take...

Hi, backtest looks good. Suggest you put it in demo and run it. Unless your pocket is deep, I realise that whenever a martingale EA is used, it will be prudent to just use 1 or max 2 pairs of currency. No point to use so many pairs as our objective is to make money and to run the demo as if it...

Ya... I think so too. Too many scammers in telegram. I observed a signal channel in telegram and find them not bad. Therefore sign up to service and join the group. I went into a trade based on his signal, however that pair hit SL. And at end of the week, he did not include this pair in his...

Hi, Thanks for sharing. I have downloaded the demo copy from the website (https://www.dragonexpertfx.com/) and run it on my demo account. Seems not bad. So far in 8 hours, this EA has generated $30. Slow... But steady. The martingale function is by addition and not by multiplication. So should...

Hi How come your account was blown? Which pair actually blown up your account? Actually my account was also blown up last week with EURJPY. Martingale is really scary. After last week incident, I think we can't just simply let the EA to decide whether to buy or sell further. In my case, the EA...

Thanks for the advice. That's true. Rather have multiple accounts with small risk than to have 1 account with high risk. Once the high risk account is blown, game over. Take a lot courage to restart.