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51 Trader

About FlyingSarcastic

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  1. While the holding periods can be brief, this is not a typical scalping strategy because it aims for a higher number of pips and has a positive reward to risk ratio. Rather than copying, it is recommended that trading be applied directly to accounts by enrolling in our private client program, which includes a deposit guarantee of up to $20k per person or entity for six months and is available at a number of brokers.
  2. Personally I think that systems using static values for operations like setting targets, entries or exits wont be profitable in the long run. You definetely have to adapt considering differences in volatility in some way. I am not using pure technical grids ignoring basic price action. So a comparison with your mentioned zone recovery approach might be misleading. But implementing an instrument that takes volatility into account is a step into the right direction generally speaking. Evaluating config values depends on too much variables to make recommendations here. You have to do some number crunching on your own until it fits your personal risk appetite. Just avoid looking for the jack of all trades setup, it does not exist since you always can get on the the wrong side. Try to get to something that gives you peace of mind when operating and always do extensive backtesting using variable spreads and slippage simulation. The money you spend here is way less than the amount you might lose due to crappy testing.
  3. One of the simplest ways to know if a broker is good and suited for you is to look at the regulations and trading conditions. Once you've discovered a broker you like, you can always check their sample account to see whether it's right for you.
  4. Hello, I'm constructing one of my projects with MetaApi (you may heard of that API), I also need to input server timezone and DST switch timezone when adding a new server into my project. I think I found out how to identify the server timezone, but I need assistance determining the timezone in which the DST changeover occurs on the server. I'm hoping you'll be able to assist me with this one; thank you in advance!


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FOREX trading carries a high level of risk and may not be suitable for all investors. Leverage increases risk and loss exposure. Before you decide to trade foreign exchange, think about your investment goals, level of experience, and risk tolerance. Your initial investment may be lost in part or entirely. Do not put money into investments that you cannot afford to lose. Educate yourself on the risks of foreign exchange trading, and if you have any questions, seek advice from an independent financial or tax advisor. Any data and information is provided "as is" for informational purposes only and is not intended for trading or advice. Past performance is not a predictor of future outcomes.

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