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I don't know how to quantify the % of risk of ruin when the exposure is constantly changing due to the ORM (Ongoing Risk Management) +TLSR (Total lot size reduction). Using these techniques + our occasional manual intervention the TLS is kept small for the account size. Therefore, I consider...

What does FIXED mean? Recovered?

I found the post, it could be interpreted in a number of ways and I'm not going to speculate. There are many ways to trade and some strategies are more profitable than others but at the end of the day, it all comes down to 1 thing, our own risk tolerance.

Yes they can do, this is why we have to make sure that the long term trading direction of each instrument is correct. Often my -ve trades become +ve by themselves but by then I have already washed them down (reduced in size) 1 or more times. I could have held -ve trades intact and wait for them...

We focus on both. We reduce our risk per trade quickly but we compensate for the reduced profit by extending trade runs and by trading many currency pairs. The risk of ruin can be managed in many ways and 2 of the methods we use are ORM (Ongoing Risk Management) plus TLSR ( Total lot size...

Observation 1: Some of your positions closed on low margin so you are over-trading for your account size Observation 2 : your account was up 15% in a very short period of time so you are over-trading for your account size Observation 3: your account was up 15% but you didn't close any trades...

What did you expect people to do? To congratulate you on your gambling? Think of forex like a sea which is full of sharks, if you jump in without a plan, sooner or later you will be their lunch. https://weeklyfxdrivethru.com/wp-content/uploads/2018/05/CREATING-A-TRADING-PLAN.pdf...

Its a bit hard to understand what exactly you are after. Have you already closed the trades or they are still open and bleeding and you want to explore ways to recover them?

I didn't say that your broker will steal from you. The liquidity providers are not your broker, they are big banks and if your broker puts you in their A book of traders and passes your trades out to the market, then your trades will be bundled together with other trades and depending on size...

You have a lot to learn my friend. Your trading seems somewhat random, you'll need well defined rules and a plan as to what to do with your losing trades. Simply placing a trade and hoping for the best, is not trading. Since you seem to want to average into positions, try and stick to the...

I don't just think they will. I know they will try and they have many tools at their disposal. I play because I have an edge and I know how to minimise the risks. Same with the LP's, they would not fill your orders if you were trading large size and you were identifiable. But if you were...

I will be expecting approx 50% net gains. Please don't compare my expectations with those of others. It is important to remember that forex is much like the casino where the house always wins. The LP's hold most of the cards. Even if they let us win for a few months, when we decide to put in...

Yes I am, but it took a long time and required a lot of work. Like most traders I spend thousands of $ in courses (the courses didn't make me profitable but they contributed to my general knowledge) and I moved from strategy to strategy for a few years. I made heaps of mistakes and blew a few...

Ok keep studying and gaining knowledge and skills. Fast forward some years and you would have tried tons of systems and strategies and you will then be able to decide what works for you and how you'd want to trade. Until that time, you will be gaining knowledge and skills. Becoming...

All brokers offer this software for free but it is broker specific so it is downloaded from each broker's website. With most brokers you have to register to be able to download it from their website but it is a simple name+email registration without IDs Here is one broker I use...

Yes because MT4 and MT5 connect to the broker and send trade execution commands Unsophisticated traders are unlikely to get an edge from MT4 or MT5 but it is popular because the data feed is free and because it is widely used in the forex/cfd trading community. As a popular SW, there are...

No this is not an issue so if you are averaging into a position with multiple trades you can open as many trades as it is allowed by your account's leverage.

Yes it is just software but what is allowed and what is not allowed is dependent on the broker's server which is configured as per the regulations which apply to your region, The opposite trade restriction and fifo is US specific. Many US traders get around these rules by opening trading...

LOL welcome to the world of spot forex. I used a US broker 10 or so years ago but the FIFO was driving me crazy so I left. I have not tried IBKR, I looked into IB some years ago but I didn't proceed (I don't recall the reason).

First part means that if you have opened a BUY trade in EURUSD your trading software will not allow you to open a SELL trade in EURUSD while the buy order is open. FIFO means that the open trades have to close in chronological order so if you have placed 4 BUY trades in EURUSD (trades 1, 2, 3...