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So I recently saw a post on how someone past their funded account. The issue was the person said they used 0.5% risk to pass the challenge because 1% risk kept on making them lose thier acc. My question is if I on average take 8-9 trades in a
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I am new into Forex, recently I bought a course on Udemy. I’m nearly done with the course , I’m 75 % into it. As a newbie , what are some advices that will help me succeed ? Anything would be appreciated ! If you want to make money, never take advice from
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Do you follow a simple system or a complex system? Did you make that system up all by yourself or following your mentor? Do you think a simple system can make you a millionaire? It would be really nice if only the ones who are very much experienced in the
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You don't NEED a PC and tons of capital to make money, but you're not doing yourself any favors by trading with a phone and $30.
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I'm curious, how many of you are incorporating AI tools like ChatGPT in your trading strategies? Whether you're applying it for fundamental analysis, technical analysis, or a combination of both, I'd love to hear the types of prompts you're using. Has AI
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Letting the market tell you what it's doing ... & Not trying to predict the market? I appreciate the good advice in not trying to predict the market, however if you are trying to let the market tell you what it's doing, surely you are predicting the
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Which account is easier for you? Personally, I find trading my personal account easier than prop accounts. The idea of a tradings props is great but it just doesn't hit me in the right spot. I've tried 3 prop accounts so far. I lost 2 in
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Well to start with, AI doesn't exist at the time of this post. What you think is AI, it's mostly LLM's (Large Language Models) that take existing knowledge (or noise in the case of things like Stable Diffusion) and sort it around. There'
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I started trading and my win rate was around 60% with a average 4RR. Lately this hasn't worked, what am I doing wrong? That, statistically, wasn't going to continue. There's an inverse correlation between WR and RR. You can draw a pie chart to
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I keep losing trades, should I change my strategy? [included screenshot showing PL]. Changing the strategy doesn’t change your psychology. The problem is you can’t be pulling in $2 wins and $18 losses on a regular basis. And this is coming from someone who doesn’t always trade
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After learning forex trading for 2 years now, i came to the conlusion ‘the less you know about the market, the better’. There will always be new things to learn ofcourse, but i guess those things will just keep you learning without actually trading. When i was a total beginner
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Hello everyone, i am making this post at my lowest of lows(in life and in trading). I have gone round and round in circles (from “retail” trading patterns/systems to “smart money” systems and back again to retail) but still no results. I have spent hundreds of dollars buying