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Thread: Is there a profitable egy that works 80% of the time?

  1. #1
    I am trading FX since a long time now but I cannot discover a single egy which has success rate of around 80%. If there's any winner with this forum, please share your egy. Thank you.

  2. #2
    ToS?wz
    Guest
    Quote Originally Posted by ;
    I am trading Currency Market since a very long time today but I cannot find one egy which has success rate of about 80%. If there is any winner with this forum, please discuss your egy. Thank you.
    Should you read this post (which was written by a trader with over 30 years experience), you'll hopefully understand why there is not any simple answer to your question.

  3. #3
    If a trader had a 80% win egy that has a fantastic risk reward ratio, then it probably took them years of development and research to get to that point. Why on earth would they just give it to some stranger online??

  4. #4
    Quote Originally Posted by ;
    When a trader had a 80% win egy with a good risk reward ratio, it probably took them years of development and research to reach that point. Why in the world would they just give it to some stranger online??
    Since Mr. iwishtowin(withoutdoinganywork) asked?

  5. #5
    Some great answers above and I'd add my tuppence: In a word, yes. Are you really going to give it to you? No. Why? Two reasons.

    1. The egy I provide you might not continue to provide 80% as market conditions change, even in the event that you were able to exchange it, which I doubt, as you would still need to come back after 4 or 5 losses in a row and if you're asking this question then you're new to the game and plogically unfit.

    2. Do you have any idea how much time and effort goes into assessing chance to come up with that type of egy? To narrow down it that perhaps 1 trade per week will provide a greater win rate? Perhaps you do, since we find you asking somebody else to do it for you. Can you feel that makes me feel?

  6. #6
    Quote Originally Posted by ;
    I am trading FX because a long time now but I cannot find a single egy that has success rate of about 80%. When there is any winner on this forum, please share your egy. Thank you.
    Of course there are lots of egies with such a yield however you'll likely not find on a forum coz:

    1: Such egies are costly- lots of time and money on creating such

    two: For the egy to operate all times, the owner must tweak it sometimes. Of course the mr ijustwannaegy won't be able to tweak it accordingly- the egy will fail and he/she will post quite unpleasant remarks about a good egy on a forum.

  7. #7
    Strategies that work well for many others need not necessarily provide you with the exact outcomes. You may be better off, attempting to create a egy all on your own. .

  8. #8
    It is easy really. You simply have to know which stage the market is in, without understanding that the best you can do is simply jump in and hope for the best. I am not speaking about no indiors here or wait till whichever line is in fashion today crosses over, I am talking about looking at a chart and know when important buying and selling has taken place. Consider it this way, Forex resembles a man waiter wearing high heel shoes, while carrying 8 orders and wobbling across the area.
    Now the different currencies are on the serving tray, and a few have more quantity in them than others, therefore he must always counter balance certain facet of the tray over others because some of the currencies he is carrying have more weight than others. Trust me it is not hard in any way, what is hard is the compromises which have to be made in order to trade properly,if just trading twice a week was good enough then most people would be OK, but some people prefer to be trading each instant like an action movie, so that won't do the job for them. A trader that can make $500 from a $2000 investment in a year will be a professional in my book, but as most of us know we don't believe in percent we mainly think in cash and $500 annually don't sound good no matter how you cut it.

    What I am trying to say is this, there are too many factors and ways to exchange, can I give you a system which can be 80% right? Sure readily but not one which would be 80% right trading regular, you can exchange twice annually and be 80% right. Heck you can double your cash on two trades a year if that is your egy. What I am saying is this, everybody always are worried about being profitable but I believe that's the wrong thing to fret about, the market wasn't layout for you to be profitable, it had been layout for you to eliminate money. There are just two things which can happen in the market, either you eliminate cash are you currently profit, so if you minimize loses profits will come.

  9. #9
    Just curious as to why you needed a egy that operates 80% of the time rather than all of the time or for 90 percent of this time??

  10. #10
    Quote Originally Posted by ;
    I am trading Currency Market since a long time now but I can't discover one egy that has success rate of about 80%. When there is a winner on this forum, please share your egy. Thank you.
    80% with what Risk:Reward Ratio?
    80% at a population of how many trades?
    80% with equivalent or varying winners in terms of equity percent. That is, small winners, average winners or big winners (Define small, medium and large).
    What are parameters to the remainder 20%? That is, small, average or large losers or just Break-Even trades?
    Is there any time frame limit? That is trades taken in 10 years, 100 years, 1,000 years or 10,000 centuries?

    I've a system that's successful only 51% and so assume you will not be considering that. However, this system is applied with a trading egy that operates 100% of their time. Think about it ....and glimpse in the name of your thread and your first post. Then again consider it.

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