Forex top traders earning millions?

Yes…they are.

Above mentioned rules can teach a trader how to be a better and more profitable trader. With proper strategy and money management, one can earn more than losing.

nice reply… well… for today… hihi. i bought GBPJPY at 150.9 -> 163.
one more time. oops. once trader (or gambler) always a trader. are u guys already in?

new week bar and retracement towards previous low …

nice F shape again, rally up?

mmh… still in for now

nope… no rally up… limit order 150 gbpjpy

in! market is turning guys…

perfect entry after all…

today starting up the engine… PF Year 3.0-4.0… LIVE trading by 1 dec.

final backtest @ 70%

damn damn… up by end of us session?

there it is bounce GBPUSD 1.32~!!!

mmh first posible reversal for XAUUSD.

GBPUSD could lower more until 1.3130 resistance but then quick up expected.

final code has been created for robot start end year. upcoming years 10% month max down 30%. !!!

final backtest PF 2 year = 10.4.
max down -31.93 %
start E 100,–.

start next week, open investors 1 jan 2022.

To put it another way, trading together necessitates knowledge and abilities. Which is something that every trader should strive for. If he intends to make a good living from his trading.

thank u for ur reply ali.

well… i like the term ‘passive income’. by using algoritmic trading we are able to let the pc do the hard work / we are more certain of income for a number of % each month / we are able to take away bad influences like stress, fear, greed, bad emotinal days etc.

like traditional income… i do believe income needs structure. compounding is only being achieved by standising some effective method. doing something succesful over and over again.

130 trades each year is more standardised than doing 13 '100% ’ high prob setups the following 5 years. still my favorite is algoritmic trading.

first auto trade has been executed :slight_smile:

ready to buy??? GBPJPY

according to wave theory, one more wave dwn, then buy…

  1. E 100 -> E 200
  2. E 200 -> E 400
  3. E 400 -> E 800

first 50 / 60 retracement … then another wave down… then buy

we need +/- 6 years to do E 100 -> E 1.000.000 (100 x 2 ^ 13) (13 x +100%)

robot is about 8 years:

E 100

  1. E 300
  2. E 1000
  3. E 3000
  4. E 10k
  5. E 30k
  6. E 100k
  7. E 300k
  8. E 1000k