It is possible to make millions on the paper and with the demo account, but live trading is different. I'm not sure if any of you use this system or not, but I've subscribed to their Twitter tweets and they just published the following: You have to be happy with a small account and small profit while you have to trade through the retail brokers. April 26, at But live trading perplexes and fakes out traders with nasty unanticipated volatility.
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My college purchased it 2 months ago and he states that it is amazing but I'd like to get more opinions before investing in it. If anyone of you tried it or using it any of these actively please share your opinion!!! I'm not sure if any of you use this system or not, but I've subscribed to their Twitter tweets and they just published the following: Test the Forex Pro's Secret System through a year risk free!
Very expensive and no free trial or trading results. So how do you know it works? I know one of their beta tester personally.
It can be good to know somebody insider. Anyone know if this system is legit or scam? June 15, , Jake Full Member Posts: The Renko system looks interesting, but the system is very expensive. Of course, if it works, that money might be worth it. I just got an email spam about it, but got hooked by the Renko aspect. I took a look at the site.
It is bunch of exponential moving averages and renko candles. It will take me about 20 minutes to 30 minutes to set up manually from scratch, without additional indicators. Don't waste so much money on it. Thanks for your response, Maciejburno. It likes like they can, but still not sure if worth pursuing.
Do you have any thoughts on that? Are you interested in trying to set up a similar system to the Foprex Pro and trialling it? KeepCalm on September 02, , Hi, I am interested in this system too and since I like renkos and trade this kind of chart pretty well, I would propose a deal: I guessed right 3 out 4 features of this system, i.
I am wondering what is the faster line meanwhile I am using the tenkan-sen. If you are interested I can provide the indicators and my template.
Let's join our efforts and save 1. Is there any reason that the price they offer is too expensive? This costs you nothing. It's up to you how to interpret it. December 03, , Darwins by Humble Trader's Fx [ Today at Axitrader by nwboater [ Yesterday at Traders who are positioned correctly have the ability to manage profits, while traders who are fighting the flow are either pressing their eject buttons or experiencing margin calls.
The Forex market is a rather technically pure market with global transactions occurring around the clock. If a trader ever asks why in the Forex market, there is most likely a headline, news announcement, or technical reason for the movement - making it great for after-the-fact explanations. But live trading perplexes and fakes out traders with nasty unanticipated volatility. This simply means that managing risk and trade size is important to reduce the noise and capitalize on the actual movement or direction the market has to offer.
A solid education can provide an application-based foundation. Aupport and encouragement are also necessary to stay positive as a trader.
I am a big believer in having a support network to tap into when you find yourself struggling. Lean on a support network of traders who are performing well and adopt some survival skills during the tough times. It is very important to identify what is and has been repeatable in the market.
Most successful traders are far more conscious of the downside than the upside. The upside where unexpected profits are acquired is often little more than the market being overly generous.
The market is full of surprises, but unfortunately most of those surprises are to the detriment of the trader.
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The Forex market is the largest and most liquid market in the whole world with an average daily turnover of $ Trillion dollars (toppling over the stock market which is in the . Forex Pro’s Secret System June 28, By Hung Vu Leave a Comment The Forex Pro’s Secret System was created for beginners that are tired of losing their money in the markets and are looking for an easy to understand, stress free trading strategy, and also for experienced traders that are looking for other ways and strategies to increase their . April 20, Comments Off on Forex Pro’s Secret System Forex Pro’s Secret System + Forex Money Manager EA Trading system uses Renko charts, you must read the user’s manual before installing it.