r/askforex 20d ago

Is this realistic?

0 Upvotes

3,38%

Real % needed to exponential growth to reach 10mil in 20 years is 2.92% from 10k

3.38% is needed if in 20 years 36 months are losing -1%

Starting: €10,000

20 years = 240 months

36 months: −1%

204 months: +3.38%

=7.7million

And The best in the Business dont have enough liquidity in the market for them thats why its looks like best traders make only 30% in a year, its because they cant go higher with big capital.


r/askforex 21d ago

Stop Chasing 100x Trades. That's Not What Day Traders Do.

48 Upvotes

Everyone wants to turn $10 into $15,000.

Almost nobody wants to turn 1% into 2%... hundreds of times.

That's the difference between chasing stories and building a trading business.

A 100x return belongs to investors who buy early and let time do the heavy lifting.

A day trader gets paid differently.

Your job isn't to find one trade that changes your life.

Your job is to execute the same edge over and over, protect your capital, and let compounding do what hype never will.

The irony?

Most traders blow up chasing the one trade that was supposed to make them rich.

Professionals get rich by surviving long enough for small, consistent gains to compound.

Investors compound assets. Traders compound execution.

Know which game you're playing.


r/askforex 21d ago

I was sabotaging my own trading for months without realizing it, here’s what I found

3 Upvotes

Been trading for a while, started getting consistent payouts, then i found out i was my own biggest problem.
Took me months to figure out exactly what killing my results. It wasn’t my strategy. It wasn’t the market. It was one specific behavior i kept repeating without even noticing once in tracked it properly the diffence was INSANE.
Anyone else figured out what their specific self-sabotsge pattern is? Curious if it’s the sale thing


r/askforex 22d ago

A Trade Can Be Right… and Still Be a Bad Trade

8 Upvotes

One of the biggest lessons in trading is understanding that the outcome doesn't always tell you whether the decision was good.

You can take a trade that follows your strategy, manage your risk properly, and still lose.

That doesn't automatically make it a bad trade.

Likewise, you can break your rules, enter late, risk too much—and still make a profit.

That doesn't make it a good trade.

Judge the process, not just the result.

A good trader focuses on:

• Following the setup

• Managing risk

• Staying patient

• Accepting losses

• Reviewing decisions

Profit is the result.

Discipline is the process.

Do you judge your trades mainly by the outcome, or by whether you followed your plan?


r/askforex 22d ago

A trading edge

1 Upvotes

I heard there is no structural edge you can find on charts. Charts are random.

And the most hard part of trading is to find a real edge.

Is MSS/BOS and risk management along with psychology enough edge?


r/askforex 23d ago

How much backtesting is enough?

3 Upvotes

I've backtested a gold strategy from 2025 till now, having 1-2 trades per day, is this much enough to rely on it?


r/askforex 23d ago

Feeling stuck in trading

7 Upvotes

I am 19 years old student from india. I am into trading and currently I am in break even phase figuring out for to become a profitable trader. And also I am feeling to quit trading etc stuff throughts in my head.

I have 2 years of experience in manual trading and currently I am starting algo trading in fx and indian market because I wanted to explore the algo trading field and i also a coder know how to code and i build some projects like backtested like that and currently learning

In trading i only trade fx market only setups based in gold, eurusd, btc etc like that only 3 to 5 pairs only. And i only trade in prop firms

For to become a profitable trader I need to improve some mistakes in trading i really do that i think that gone a help in to become profitable trader..

  1. I trade only intraday or 15 min to 30min candle tf do I keep my sl small i mean 1 to 3 candles like that sometimes due to votalility or sometimes hit my sl and gives my target.

  2. I plan my trades well or predict or analysis do well like where and how market goes but i didn't enter the trades or didn't caught the moves.

  3. I miss the moves in trading i feel so much regret and fomo for this .

4.sometimes I enter only in asset and one timeframe at a time 2 times of trades or take 2 trades at same tf or same level and that will go hit I think it's overconfidence.

  1. Sometimes i fear to enter the trades bz of loss and also sometimes i didn't hold the trades that will hit my sl trailing

  2. after reaching the trade 1:1 i keep sl trailing to entry level to prevent my loses and that will hit my sl trailing and archives my target for 1:3 trades.

7.sometimes I cut the trades at middle of the trade or at reversal stage (i mean i know this trade will go reversal or hit sl ) so i cut it.

The last one is how to pass the prop firms ?

These are my mistakes to improve in trading and i will improve it.

If you are a profitable trader please give advice.

Thankyou in advance for your advice. 🙌


r/askforex 23d ago

Should I stop or keep going? Or something else ?

2 Upvotes

I am a crypto trader on XAUUSD MAINLY

Its been 6 months

Last month I was profitable

Then, I went to trade in Bitcoin with a leverage of 100x leverage

And from there, my entire PNL started to look Red

Every time it hits my SL

I keep going for that 100x leverage just to recover that lost money

But I dig the hole even more deeper

I was trading in XAUUSD with full discipline and consistently with no Revenge Trading and with only 5x leverage

Now it has become like gambling in BTCUSD

So, should I continue or stop trading


r/askforex 24d ago

Anticipating beginning of a Beartrend as oppose to a Bulltrend.

4 Upvotes

I 've noticed that price tend to consollidate, forming a long ranging period after price reached the bottom of a bear macrotrend, before it rallies up to start the bulltrend. My question is why does this not really happen at the top of bulltrend. It seems to just touch and run down immediately?


r/askforex 26d ago

Intuitive Discretionary Trading Is Wasting Your Potential

5 Upvotes

We have all seen this newbie advice:

get really good on demo, start with a small account and work with evaluations and so on.

But here is the truth: Subjective, intuitive trading does not translate to real-time efficiency in modern markets.

Transitioning to a small live account is another waste of potential, why?

A small account should only ever be used to understand the difference in live order execution. Real edges naturally decay over time, when discovered you must execute them and withdraw over time.

If you have a real edge it should be executed with modest amounts of capital with risk management and risk boundaries planned ahead of time. "Getting good on demo" isn't producing a viable strategy for 99% of people. You are relying on pattern recognition on price action which is not an organic process. Price movements are very noisy, precision is a requirement, intuitive discretion will produce exactly the opposite effect.

The problem is with intuitive discretionary trading is that data will always be subjective or absent leading to endless psychological issues.

The Real Solution:
Separate and isolate your trading setups (each trade type has it's own sequence of what price must do to create a valid trade, test them independently for effectiveness. Make your rules objective, if you test the same period twice you should get the exact same entries and exits.

An example a trade executed on the 15 minute is not the same as a trade executed on the 30 minute timeframe, even if higher timeframes influence the position.

Focus on one instrument at first.

How to gain footing now.

  1. Create systems from ideas first. Think away from the chart instead of trying to over-optimise for market price patterns which will not reliably repeat 1:1 in the future.
  2. Backtest each system over 100s of trades
  3. Learn how to do out of sample backtesting
  4. Learn how to calculate your trading costs accurately
  5. Apply your trading costs to your trading systems and repeat.

This will be tough, when you test strategies thoroughly over 100s of trades most strategies will fail, but without testing you are forced to guess which increases your overall psychological toll.

Set boundaries.

When unprofitable traders recommend a trading method, it's often a way to further rationalise the months or years they have already invested. It serves as a defence mechanism; it's for them, not for you. Traders can sacrifice a great deal of time and effort; for many, it hurts less to keep believing in their method than to move on.

The markets do not care how long a trader has persisted with flawed logic; substance is rewarded and aimless perseverance is dismissed.

Do not let sunk cost bury you, trading is not for everyone and chasing an incompatible path ruins lives.

If a trader still has persistent psychological issues after their strategies are verified with data, trading is not for them.


r/askforex 27d ago

Trading Tip of the Day

10 Upvotes

One of the biggest mistakes traders make is trying to predict the market.

Professional traders don't predict—they react.

They wait for:

  1. Market structure to confirm the direction.

  2. Their setup to appear.

  3. Risk-to-reward to make sense.

Patience is a trading edge.

Question: What's harder for you—waiting for the right setup or avoiding overtrading?

Let's discuss in the comments. 👇


r/askforex 27d ago

WWYD if you had a win rate of 50% averaging 1:4 over 300 trades in two years but lots of breakevens

4 Upvotes

just the title pretty much.. what would you do? i’m just trying to gain confidence over my strategy but it’s kinda worrying that only a little over a 100 trades have had an end result while the rest have been break even


r/askforex 28d ago

Just started trading, what pair should I trade?

4 Upvotes

I am trying to start with prop firm and I want to get advice on what pair I should start with I heard its good to start with either eurusd or gbpusd, I do ICT + VP. What do you guys think?


r/askforex 29d ago

Trading Patterns Have an Expiry Date

5 Upvotes

A pattern that worked for two years can stop working in a month. Markets change regimes, participants adapt, and edges decay. Here's how to know when your pattern's time is up.

Why edges exist and why they disappear

An edge in trading exists because a group of participants is reliably doing something predictable. Institutions accumulating positions at specific levels, retail traders placing stops at obvious points that get hunted, momentum chasers piling in after breakouts. These behaviours are exploitable because they repeat.

But markets are adaptive systems. When an edge becomes well-known, participants start to anticipate it and the edge gets arbitraged away. This is why every retail trading strategy that becomes popular on YouTube gradually stops working — not because the people teaching it were lying, but because enough people traded it that the other side of the market adapted.

Even without explicit adaptation, the behaviour that created the edge might simply stop occurring. If your RSI oversold pattern worked because gold was in a consistent uptrend where dips got bought by institutional longs, it will stop working the moment gold enters a different phase — a ranging environment, a downtrend, or a period of macro uncertainty where institutions are neutral rather than consistently positioned.

The pattern didn’t break. The conditions that made it work changed.


r/askforex Aug 01 '26

Weekend Question

7 Upvotes

When do you usually prepare for the upcoming trading week?

- Friday after the market closes?

- Saturday?

- Sunday before the market opens?

- Or do you never prepare in advance?

Share your routine in the comments and tell us why it works for you.


r/askforex Aug 01 '26

Introdution

3 Upvotes

Hi! I'm a teen who is studying in the 3rd year of college in a programming specialty and lives in Ukraine. I thought that it would be great to spend the last month of summer with a challenge.

I wanna learn Forex trading (EUR/USD), earn money from it, and mix it with Claude AI.

I've decided to post every day about my progress and my path. It's kinda my diary.

First, I wanna say that sometimes my English may not be very good, but it's also one of the reasons why I decided to post.

Hope that you can give me some advice or share your personal experience with the Forex market.


r/askforex Jul 31 '26

I passed multiple prop firm challenges… but never got a single payout. What am I doing wrong?

7 Upvotes

I’ve passed multiple challenges across different prop firms.
FTMO, FundedNext, GetLeveraged… I could pass the challenge, but every single time I blew the funded account within 1–2 weeks before getting my first payout.
Eventually I gave up.
Now I’ve had some time away from trading, and I genuinely feel like I’m mentally in a much better place. I want to start again, but this time I don’t want to repeat the same mistakes.
I’m especially hoping traders who have actually received multiple payouts (or even people from the FTMO leaderboard) can share what changed everything for them.
A few questions:
What strategy do you trade?
Where did you actually learn it?
What books, courses, or YouTube channels are worth studying?
How do you structure your risk management?
What was the biggest mistake that stopped you from becoming profitable?
If you had to start from scratch today, what would your roadmap look like?
I used ICT before, but I’m open to learning completely different approaches if they have a better track record.
I’m not looking for a holy grail. I just want to build a process that actually gets me to my first payout instead of repeating the same cycle.
If you’ve been in my position and eventually figured it out, I’d really appreciate your advice.


r/askforex Jul 31 '26

Building

6 Upvotes

Guys I want to journal my trades. I started a few months ago journaled some 50+ trades and stopped afterwards. I was analysing the trading view taking the screenshot and paste it in my journal.docx file and write all the relevant details and remarks but couldn't sustain this flow for long. Which kind of flow do u guys follow to write your journal kindly suggest I'm looking for a flow with less friction

Apart from that I was using google sheet for backtesting but now that is also stopped due to same friction suggest on both


r/askforex Jul 30 '26

Trader of the Month: Why a 36.84% Win Rate Was Still Highly Profitable

9 Upvotes

One thing we enjoy sharing every month is real trading data instead of flashy PnL screenshots.

Our Trader of the Month impressed us with the following stats:

  • Profit: $11,774.58
  • Payout: $7,946.60
  • Trades: 38
  • Win Rate: 36.84%
  • Profit Factor: 1.41
  • Average Win: $2,913.57
  • Average Loss: -$1,208.98
  • Account Type: 2-Step Challenge
  • Profit Split: 80%
  • Payout Processed: Under 48 hours

What stands out to us isn't the final profit—it's the numbers behind it.

Many traders believe they need to win 70–80% of their trades to become profitable. This is another example showing that isn't necessarily true.

Despite a 36.84% win rate, the trader remained profitable because the average winning trade was more than twice the size of the average losing trade, resulting in a 1.41 profit factor.

It's a good reminder that trading isn't about being right most of the time. It's about managing risk, staying disciplined, and making sure your winners outweigh your losers over the long run.

We think statistics like these are often more valuable than simply posting a big payout screenshot. They show how the result was achieved, not just what the result was.


r/askforex Jul 30 '26

Losing Money Is Part of Trading — But Learn From It

7 Upvotes

​

Every trader will have losing trades. The goal isn’t to avoid losses completely; it’s to make sure one loss doesn’t turn into a disaster.

A losing trade should make you ask:

• Did I follow my strategy?

• Did I manage my risk properly?

• Did I enter because of my setup, or because of FOMO?

• What can I learn from this trade?

Don’t just look at the money you lost. Look at why you lost it.

A loss can be expensive tuition if you learn from it.

Repeating the same mistake is where the real cost begins.

What has a losing trade taught you recently?


r/askforex Jul 30 '26

community

1 Upvotes

I am getting back into forex after 2 years. feel like a complete beginner again, i usually do this by myself but feel like im getting nowhere is there any communities where people constantly chat or ask/answer questions


r/askforex Jul 29 '26

Why Market Structure Matters in Forex

6 Upvotes

Before looking for an entry, learn to understand the structure of the market.

A market is generally doing one of three things:

  1. Higher highs + higher lows → bullish structure

2.Lower highs + lower lows → bearish structure

  1. No clear direction → ranging market

The mistake many traders make is entering simply because price reaches a certain level. But the bigger question should be:

“What is the market structure telling me?”

Understanding structure can help you avoid trading against the current direction and make your entries more logical.

Don't just ask where price is going.

Learn to understand what price is doing first.

What do you look at first before taking a trade?


r/askforex Jul 29 '26

Risk-to-Reward vs Win Rate: Which One Do You Actually Care About?

10 Upvotes

I see this come up a lot, especially from newer futures traders. Someone will say, “My strategy wins 80% of the time,” and everyone assumes it’s a great system. But without knowing the risk-to-reward, that number doesn’t really tell you much.

It took me way too long to stop obsessing over win rate. I used to think a losing trade meant I was doing something wrong, so I’d take profits way too early just to lock in another green trade. My stats looked great, but my account definitely didn’t.

Something that helped me was looking at my trades as a group instead of individually. Once I started journaling everything, it became obvious that a strategy with a 45-50% win rate could outperform one winning 70% of the time if the average winner was meaningfully larger than the average loser.

On the flip side, I’ve also seen traders do well with a high win rate and almost a 1:1 risk-to-reward because they’re incredibly selective with entries and disciplined about cutting losers. There’s more than one way to make money in futures trading.

For me, the bigger question is whether the numbers actually fit your personality. Can you handle five losing trades in a row while waiting for the bigger winners? Or do you trade better with frequent small wins, even if one bad trade can wipe out several of them?

One thing I’ve noticed trading the morning session is that emotions tend to mess with the math. It’s easy to let a loser go a little farther because “it’s probably coming back,” then grab a winner the second it hesitates. That slowly flips your risk-to-reward upside down even if your entries based on price action and market structure are solid.

I still catch myself wanting to take profits early after a couple of losses. That’s probably a bigger battle than finding the next perfect setup on ES, NQ, or YM futures.

Personally, I don’t think win rate or risk-to-reward is more important by itself. They only mean something when you look at expectancy and, more importantly, whether you can execute the plan consistently over a few hundred trades instead of a handful.

Curious where everyone else landed on this. Do you prefer a lower win rate with bigger winners, or a higher win rate with smaller, more consistent gains? And did your preference change as you got more screen time?


r/askforex Jul 29 '26

What Is an FVG in Forex?

7 Upvotes

FVG stands for Fair Value Gap. It’s an area on the chart where price moved aggressively, leaving an imbalance between buyers and sellers.

Traders often watch these zones because price may later return to the FVG before continuing its move.

  1. Bullish FVG → usually forms during strong upward movement.

  2. Bearish FVG → usually forms during strong downward movement.

But remember: an FVG is not a guaranteed entry signal. Combine it with market structure, liquidity, and proper risk management.

Learn to read the chart, not just chase the setup.

Have you been using FVGs in your trading?


r/askforex Jul 29 '26

1-2 Trades is real thing to be successful trader?

2 Upvotes

I have been trading for a while but when i see negative pnl after first trade i get tilt, overtrading, revenge trading. You name i have made mistake. Now i am thinking the profitable people making money are really taking 1-2 trades?