Forum Forexroasted

you already answered it. dropping winrate to hit a volume tier is exactly what the rebate ladder is designed to make you do. trade your strat, take whatever rebate falls out, dont chase

the +200% guys usually got there with insane risk and survivorship bias. for every one showing +200% there were 50 who blew up and got hidden from the leaderboard. the leaderboard is a filter that only shows the lottery winners. copy one of them and you might just be joining right before his luck runs out

lots of brokers advertise negative balance protection so you cant lose more than you deposit. sounds reassuring but i wonder how it actually behaves in a real flash crash or gap, like the swiss franc event years ago. is it a solid guarantee or marketing that quietly has exceptions in the fine print?

its them. logged 400 limit fills there last quarter, avg 0.6 pip worse than shown, worst ones 2-4 pips. same ea on pepperstone = 0.05 worse. their stop loss can requote too which on a normal broker doesnt happen

meta question. ive seen so many promotional videos showing successful traders on the beach trading on their phone. in 5 years of actually trading, ive never seen this work for anyone i know personally. the people who try it either:

1. trade really small (where stakes dont matter)
2. blow up because they took shortcuts you cant take on a small screen
3. give up after a few weeks and go back to desktop

am i missing something? is there a setup where phone-only trading is actually viable for serious sizes? or is it just instagram marketing?

if you cant find a single independent live result and only the sales page exists, thats your answer. new EA + no track record + discord hype = wait and watch other people lose money on it first. if its still around and green in 6 months then maybe

14 months on the asic entity, withdrawn maybe a dozen times. all wire, all under 30h, weekends add a day obviously. zero document games after the first onboarding. so far so good for me

70 and 30 are the textbook levels but in a strong trend rsi can sit above 70 for ages while price keeps rising, so dont treat it as an automatic reversal. use it as context, not a trigger: high daily rsi means be more selective with new longs, not 'short here'. the level is a caution light, not a stop sign.

forex fury markets a 93% win rate. my bs detector is going off. high win rate usually means tiny tp and huge sl so one loss eats 10 wins. anyone run it long enough to know the real risk reward

honestly if your strat needs 1:1000 to work it doesnt work. its just a slow lottery ticket. exness capping you might be the best thing that happened to your account lol

depends on the firm. some route funded traders to a real account, plenty keep you on simulated/demo even when 'funded' and pay your 'profit' out of the fee pool. that second model is fine as long as they pay, but it means your 'trading' isnt hitting a real market, which should tell you what the actual product is

also include whatever timezone shows in the screenshot. half these brokers show server time not your local time and it matters when you argue about when you sent something vs when they replied

learn the BIG patterns (engulfing, hammer/shooting star, doji at extremes) because they're efficient shorthand for what price is doing. dont memorize 50 obscure patterns - thats waste. the big 5-6 cover 90% of useful signaling. focus there, learn context separately, combine them.

no. commission free just means the spread is fat (0.8-1 pip). for scalping raw+commission is like 10x cheaper. commission free is only ok if you hold trades for days

i think im a fairly rational trader, decent at avoiding emotional decisions. but confirmation bias keeps catching me. i form a market opinion, then unconsciously seek charts and indicators that support it, dismiss evidence against it.

ive tried 'devils advocate' exercises (writing the opposite view before entering) but they feel forced and i'm just performing them.

for traders who have actually reduced confirmation bias in their process, what worked? not theoretical answers, actual specific things.

for beginners and anyone fuzzy on the mechanics. orders, leverage, margin, lot sizes, sessions, risk. ask here instead of cluttering the broker threads.

one thing before you ask anything else: risk per trade. if you take away ONE thing from this whole forum let it be "dont risk more than 1-2% of your account on a single trade". more people die from sizing than from bad entries. ok go, no dumb questions here (well, some, but ask anyway)

classic TA first because: 1) most beginner-friendly resources cover it, 2) every other framework builds on the same underlying concepts, 3) least ideological. learn classic SR, trend identification, basic patterns. once that's automatic, add concepts from other schools where they add value. starting with SMC or wyckoff usually means learning vocabulary before understanding what its describing.

matches what ive seen reported recently in trader communities, clean payouts when people followed the rules, friction mostly when someone tripped a consistency or minimum-days condition and read it as the firm stalling. read those specific rules before your first payout request and most of the horror-story scenarios just dont apply to you.

its in the top toolbar, looks like a little play icon, available on free with some limits on how far back you can replay. pick a starting point a few hundred bars back, hit play paused, and step forward manually. watch the indicator as each candle closes. thats the whole verification.

the transition i'd recommend: start by keeping the indicators but adding a clean chart alongside. look at the clean chart first, form your read, then look at the indicator chart. over 4-6 weeks you'll find your clean chart read is usually the same or better. at that point the indicators have become redundant and removing them feels natural rather than scary.