pips is nothing
the forex platform has it's program to cheat. There is no trading system that will be profitable for a long time.
I tested alot of commercial ea very few work and the rest are scam the ones that's profitable last about one month.The ea start loosing when the price on the chart was alot more different than the terminal. the chart freeze out.
Yes some broker actualy advertise next to this hundreds of ea meaning they are all looser nothing will be profitable.
"There is no such thing as a lucky gambler (trader).
There are just winners and losers,
and the winners ate those
who control the game (MT4)T"
Mayer Lansky, ganster, owner of 5 Casinos.
Broker can change every set up every 5 minutes for your
account, you ahve to change startegy too.
Why 90% of EA's are failing.
Broker is not cheating you, he only change the roules: execution time, spread, etc.
Your Robot need some helps.
Mine EA's are working very well for me, I have a controle.
I sold many of them but 60-70% fail. Why?
Because trader is not follow my rules.
If you start with $1000, use only one pair (EURUSD), one trade, with 0.01 lot.
You are starting making money, very slowly, few dollars.
Be patience, after your account have $1500
you can use 2-3 trades, etc.
The worst scenario is if trader start loosing money.
He/she wanst to goto $1000 and starting gambling.
Your account will blow fast.
"There is not such thing as a lucky gambler (trader).
and winners are those who control the game (MT4 brokers)!"
Most traders and businesses for that matter fail because of lack of discipline, the idea of making money without actually working hard.. and focus focus focus!
Not realy lack of discipline, but patience.
With $100 nano account what you can expect?
I think patience and discipline really go hand in hand.. and as for $100 nano account.. lol I don't expect much.. ;-)
Forex forum mafia
I have posted a very profitable ea on the other forum but they deleted it .They only allow the forum for scammers
maybe i'm include in 90% trader fail
because until now i'm not find my trading system as nubie