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You can watch this on my Journal. Let's see how it goes. Max Drawdown is 10%.

I swing trade too and also sometimes daytrade too and I made 0.5% profit today in one day only. You can see it in my journal. I used very conservative below 1:1 leverage too.

You even do not need 10k at risk capital, just 300 Euro like me for a 50k account on a prop firm (like FTMO or any other in that space). Then you can make much higher returns than with own compounding because they give you the 'capital' or drawdown you need to risk and profit more. You can watch...

Indeed my goal is to scale it later with more funded accounts. But I just started with this one. Let's see.

This is my P&L Journal from Prop Firms as they have known built-in rules for risk management (to make it more comparable). Traded far below 1:1 leverage but still in profits for my first trading day on my 50k funded account at TrueForexFunds. I have attached a screenshot of my equity curve.

It is a no-brainer but it depends very much on the Drawdown one is allowing. Less drawdown means also less return monthly. First goal must be to not thrown out of the market by taking excessive risks. There is a trade-off between risk and return, and it is assymetric. One can also factor in the...

I would take that list with some salt, because there are many more good traders, which do not see any purpose in doing marketing to attract more money from third parties. One who is really good at trading, can trade within a limited time span on his trading size limits, thus it does not make any...

Yep.

I heard about Techberry.online who promises a guaranteed double digit return monthly (!) so I would like to know if there are really such huge edges come from collecting traders accounts data for implementing a kind of AI to make a living from a social trading here. Anyone knows this Techberry...

The main idea as I know came from reverse engineering the very successful stocks to capture those profits for future stocks which should be found then by this custom made CANSLIM method. But I do not think you can rebuild such a winning formula for finding successful stocks just based on...

If you want to buy any (historical or realtime) data or software I would wait for the next Black Friday which is not far away from now. Then you get the best offers and discounts for the whole year (usually).

You cannot trust chinese companies because they can easily fake their balance sheets. That would be an explanation for those 'low' valuations.

The only strategy I know for penny stocks is going short those reverse split stocks.

You will not find any EA with at least 50% ROI monthly. Any such EA would be priceless of course as you can get rich in no time to become a billionaire with trading forex. Do not want to discourage you, but it is the truth. Even 5% ROI monthly is difficult to find. It is better to spend your...

Or buy the stock index which has a momentum feature built-in instead of stock picking. Most stocks over 80% or 90% of them over longer term periods do underperform buyandhold of S&P500 or Nasdaq100. So the odds of stock picking are really bad. Especially when done long only and without any leverage.

You must got in very early today. I got in later and I am in good profits on my long USDJPY position. My swing position still got not exit by its TP, but I hope tomorrow it will break 143 again.

I think the have such high margins and then they do not invest enough in infrastructure thus such high pretax gains can be possible. You cannot compare them with Goldman by the way.

Typically an intervention move is about 3%, so the low of 140.35 could be already reached here. Usually it is good point to look for reversals and going long USDJPY from here. One could have various Takeprofits to secure than gains here. Those intervention moves are mostly shortlasted. There is...

Japan intervenes in currency market amid yen's fall: official September 22, 2022 (Mainichi Japan) TOKYO (Kyodo) -- Japan on Thursday stepped into the currency market amid the yen's abrupt fall, a senior Finance Ministry official said, in its first such intervention since 1998. The yen-buying...