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Y Yep but you are sure to win or lose, setting unrealistic or far away TP/SL would lower win rate or even add up, depending on strategy and other factors.

As the price fluctuates every second it wouldn't be possible to set the tp/sl of 0.1, 2, or 3 % but I guess you can do that with algo.

As the title says, I created this simple formula to set the TP (Target Profit) And SL (Stoploss) using the very little common sense I had. I'm open to the suggestions and would appreciate them. Here's the formula or framework you say, Use the 50% of the 1% of the price of the security. This...

You seem like a guy from Wallstreetbets that would yolo his life savings.

What's your core strategy? I see that 90% of traders lose money or more then that, and the common pattern in this traders is that they do the same thing repeatedly. If you are using price action or indicators to trade but couldn't make it from them then they aren't really for you. Technical...

That's a lot, are you doing this full time or just addicted to the markets?

Oh yeah! I suck.

I don't trade fx but I have been keeping my eye on, mostly on gold. I'm more of a scalper but don't mind holding my winners. What do you trade and for how long? There are many traders who made big with stocks but they mostly are swing traders.

I don't trade fx but I have been keeping my eye on, mostly on gold. I'm more of a scalper but don't mind holding my winners. What do you trade and for how long? There are many traders who made big with stocks but they mostly are swing traders.

Stocks are slow and steady with limited opportunities, they drains my energy. Fx are so better than stocks with way more opportunities and volatility. What's your strategy if may I ask?

No, but surely my strategy is unique and may not appear there, I will try to find it. Thank you.

Seems like it is time to create an algo.

lol, what you are up to?

What's the biggest challenge you guys faced with day trading? Mine was with my mindset, I used to struggle with my mindset and with FOMO but the good thing now is that I had been doing better and now less care about trades.

I may sound crazy, but my strategy is different and needs different entries and exits based on my TP and SL, is there any way to create algo based on this kind of strategies that doesn't requires indicators for entries and exists?

You look at the 5 or 15 min chart for the entries, You may mark down your zones on a daily but you will need to take entries on lower time frames. One Japanese Trader (Takashi Kotegawa) said when he's looking for the entries for his swing trades, he would look at the 5-minute chart and look for...

If it's in the uptrend, go look at the lower time frames as 1 minute and look for the bullish structure to change to bearish I.e from higher highs and lower lows to lower highs to lower lows, if you see the bearish structure forming and see a low volume then it's time to go short and vice verse.

Hard - Investing (cause you have to wait for years and bad news will ruin your portfolio) A little hard-swing/positional trading (again, news can affect the trades and also you have to do a lot of research) Easy - Daytrading (I've been day trading for a couple of months and it's the easiest of...

I'm looking for someone who could help me create a ago for my strategy.

Why would you like to trade this pair? There are many Indian brokers do provide futures contracts to trade this pair, not the actual pair tho.