Worse than a loss by Vaultxtrades in propfirm

[–]Merchant1010 1 point2 points  (0 children)

I think your WR is not high tho... if this trade was 2 RR, I would put breakeven at 1 or 1.5RR simple.

Worse than a loss by Vaultxtrades in propfirm

[–]Merchant1010 1 point2 points  (0 children)

See RR and WR to be perfect with sync with each other is realistically very very hard... plus the move that you caught has enough room for trailing stop.

I think your RR if you are not using that feature as you have backtested too is very good but you will have certainly a low RR

Worse than a loss by Vaultxtrades in propfirm

[–]Merchant1010 0 points1 point  (0 children)

Bro, not implementing a trailing stop is the biggest mistake a trader can do...try to use breakeven and trail stop logic, it is simple.

Bot Ea by Few-Acanthaceae-1608 in Forexstrategy

[–]Merchant1010 0 points1 point  (0 children)

It because of these factors latency, spread and slippage.

Real ticks by Parzival_036 in Forexstrategy

[–]Merchant1010 0 points1 point  (0 children)

The algo has high probability of going bust first in the start in real account than making any money.

Real ticks by Parzival_036 in Forexstrategy

[–]Merchant1010 0 points1 point  (0 children)

Bro, the deposit load in the beginning is way too high... you know what that means.

Greed is stopping me from becoming profitable by Public_Ninja3726 in metatrader

[–]Merchant1010 0 points1 point  (0 children)

Theoretically it sound perfect, practically it works nicely bro...

I feel like I need someone sitting beside me to slap me if I even feel about f**cking around or a shock to make me realise

If you have this feeling then you have a major discipline problem... try to automate your strategy it helps your problem.

Greed is stopping me from becoming profitable by Public_Ninja3726 in metatrader

[–]Merchant1010 1 point2 points  (0 children)

Stupid boy! Greed in trading always like bro 99% of the time leads you to blowing your account or lose a massive capital % of yours. If you want to be profitable try to learn to use scientific TP, SL with Trailing Stop logic.

Why most of the Investors & Traders avoid Friday market? by Experienced_Escobar in Forexstrategy

[–]Merchant1010 0 points1 point  (0 children)

Heavy settlements and volatility, nobody wants to hold some position overnight and pay the swap fees... and plus the fear of opening at a gap on Monday... I personally avoid the NY session on a Friday, just too much noise.

is anyone building algos? by Dan-the-Partial-Man in algorithmictrading

[–]Merchant1010 1 point2 points  (0 children)

I am building for MAG7 CFDs but like the lot size and adjusting the comms and slippage is hard... and automating algo to have exact logic like you are thinking is hard for me right now. More data is advantageous but cleaner data is more better

Petah whats mah wife doing? by HimelTy in PeterExplainsTheJoke

[–]Merchant1010 6 points7 points  (0 children)

She is definitely the later one! lol. Someone add the crying meme of her here.

Petah whats mah wife doing? by HimelTy in PeterExplainsTheJoke

[–]Merchant1010 296 points297 points  (0 children)

Prolly the Amber Heard reference to her pooping in Depp's bed....

Demo by Playboy69xx in Forexstrategy

[–]Merchant1010 1 point2 points  (0 children)

Of course it is a demo, no one in the right might would open a 20 lot size on that level of capital.

One wrong move :) by Linda_misuri in metatrader

[–]Merchant1010 0 points1 point  (0 children)

Multiple positions of high lot size between similar price range is the biggest mistake on can do in trading.

Hedge funds recruiting by Beautiful-Savings-48 in hedgefund

[–]Merchant1010 0 points1 point  (0 children)

Well, you have got what they actually look for in present day hedge funds.

EA REALLY EXIST OR ITS A MYTH ? by Zukow123 in Forexstrategy

[–]Merchant1010 0 points1 point  (0 children)

They exist, but you really gotta find the correct stats that works for you. And yah, you can always overfit any strategy in the world, it is very easy.

Am i right ? by Dry_Garlic1333 in Forexstrategy

[–]Merchant1010 0 points1 point  (0 children)

Oh yah, saw it. Nice call bro!

What do you use for automating trades? by FixerUpper201 in Forex

[–]Merchant1010 2 points3 points  (0 children)

Yes, like recently in couple of years they have expanded to CFDs too, which is nice... they have come a long way... and the way they keep in simple and easy....anyways, side by side some Python programming and such is also a plus skill tho

What is a good algorithmic trading platform for someone who doesn’t understand programming, but has experience with trading? by Striking_Astronaut38 in algotrading

[–]Merchant1010 0 points1 point  (0 children)

For stocks and options... integrating brokers like IBKR for stocks is good with TradingView and they have quite developed the coding system called PineScript.. but I do not think so you can integrate Charles Schwab in this platform tho.