Recent content by charles2

Some traders, for one reason or another, can’t quite crack trading themselves — and that’s where copy trading often looks appealing. The potential upside: It allows you to invest in more experienced traders rather than spending years trying to figure it out yourself. You can diversify...

⚠️ Careful with copy-trading platforms. Many of them are tied to shady brokers. Unless you’ve done deep due diligence, you risk losing your money. For most new traders, it’s better to learn the basics yourself rather than relying on these setups.

In my view, the better path for beginners is to start from the ground up — learn the craft, build solid foundations, and understand what’s happening behind the charts. Copying traders without interaction offers little value, as beginners gain no insight into the provider’s strategy. It becomes a...

All quiet, give it time.

cTrader is not available in the U.S. due to regulatory constraints. Spotware—the company behind cTrader—doesn't directly offer the platform to U.S. clients. They rely on brokers to distribute it, and no U.S.-regulated broker currently offers cTrader, as far as I'm aware.

Exactly — that’s the irony 😊 Even though IC Markets and Pepperstone are both headquartered and ASIC-regulated in Australia, their customer bases are overwhelmingly global.

MT4: ~70–75% of retail traders (still the giant, especially in Asia & Africa). MT5: ~15–20% (growing as brokers push it, especially in Europe). cTrader: ~5–10% (stronger in Europe, especially among brokers like IC Markets, Pepperstone, and FxPro).

Trading isn’t rocket science. Strategies either work or they don’t. Without a proven edge, your account won’t last. Period. If your strategy isn’t backtested, forward tested & profitable — it’s not an edge. And without an edge, your account is toast. Trading rule #1: Only trade what works. Rule...

“As alan5616 mentioned, MA crossovers are indeed a lagging indicator. I personally didn’t have much success trading them, but of course, every trader has their own strategy and what works for one may not work for another.”

What are the MOST IMPORTANT rules for becoming profitable? From my own trading experience, it boils down to one rule. 1: A proven strategy, Its been said on this and many forums , but if you do not have a strategy that has been back / forward tested and is not consistently profitable and...

Just picking up on your item 3. re platform, most brokers offer mt4/5 as standard , but I have been using cTrader for some time ,so i had to look around. I think there is about 14 brokers at the moment that offer cTrader platform but at the time I was looking there was possibly 8.

The longer you watch your chosen time frames, Price action / Pattern Recognition in my opinion gives you a basis / foundations of the start of a clear trading strategy. With reoccurring patterns happening on the charts again and again, using lagging indicators are no use at all.

I believe FX4 nailed it, in my case i worked on a method/ strategy to give me levels of high probability of sell and buy areas not using any lagging indicators, but using pattern recognition with a predictive indicator on a chosen pair and time frames. This strategy is TA of sorts but not found...

Its down to pattern recognition , the candles are painted ,if you know where to look.

For me, it was time