Cholipop's Posts - Page 7

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Feb 03, 2015 at 20:35

Or right now you trade for your job. Whatever bro. Just enjoy your demo trading!

Money management vs Martingale.... in General Feb 03, 2015 at 15:54

Very well sad. The crazy thing about martingale and forex is that many people say that martingale is a "system", when it isn't. When you are in a casino, it is your system, but in forex it isn't. Say you have any one given system, and you believe it to be accurate enough where as you don't experience more then 5 straight losses. Why wouldn't you use martingale with such an accurate system?Simply using martingale in trading while taking bias entries will more then likely end up in a quick margin call. Recommendation is to find a very accurate trading system with a ver...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Feb 02, 2015 at 15:57

Link your account to prove your stats. Other wise keep your silly stats to yourself.

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Feb 02, 2015 at 15:37

I see. Well best of luck to you in your demo trading.

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Feb 02, 2015 at 14:48

How many times does what you expect to occur actually happen in this market? When you expect to make x amount of money because you are willing to risk x amount of money, you end up not BE or trail stopping because of your greed. Trades who don't adjust their trail stop end up turning big green positions to red positions....

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Feb 02, 2015 at 13:02

How is R:R factor much more important then any strategy? Your R:R is simply an expection of how many pips you are willing to give up before you close for profit. Your REAL R:R is what counts, and it almost always varies from what one expects.

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Feb 02, 2015 at 07:52

Ohhhh And crazytrader..... Myfxbook does calculate pip-drawdown from the time you get in to the time you get out. It has nothing to do with if you make your account update every 5 mins or 3 days.

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Feb 02, 2015 at 07:51

You are going to follow that person with only 24 trades.

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Feb 02, 2015 at 07:40

Traders who love to use demo because they don't have the funds to trade for themself always seem to get some poor noob to look at his demo accounts and assume that he will be able to do the same on live...

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Feb 02, 2015 at 07:39

I sorry for having upset you, and if you as if I am a noob it is besides the point. The reality is MOST of your trades have a very high pip-drawdown, and in most of your trades which were in red, you had a pretty good profit, and you didn't even secure your principle by breaking even. Yes, that is the way you coded your "EA", but it is evident that you lack the skills on doing so. Based on your prior comments about people letting their losses run, and not their profits seems to be something that you are very good at doing. The sad part is you don't even gain much profit, an...

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Feb 01, 2015 at 15:40

Here is a snapshot of your LIVE ACCOUNT. http://www.myfxbook.com/files/Cholipop/crazytrader.PNG The box which is highlighted in red simply shows a lost correct? Yet if the small box to the far right was highlighted it will show the following.http://www.myfxbook.com/files/Cholipop/crazytrader1.PNG It shows that after entering the position, you were in green as much as 74 pips, and you ended up closing that position for a loss. Yes a loss! You didn't set your trail stop to BE or even a round number like 50 or 60. So that one simple trade says a lot about you as a trader, and what is worse is...

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Feb 01, 2015 at 15:38

Better yet crazytrader...Let us have a look at your real account.... http://www.myfxbook.com/members/CrazyTrader/chance-my-life/1090117 Explain why your equity curve has taken such a nose dive? Based on your answer maybe we can begin to understand what your problem as a trader is.

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Feb 01, 2015 at 15:38

So now the question is why do they let losses run?

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Jan 31, 2015 at 20:40

Accounts like these http://www.myfxbook.com/members/DrVodka/mt4-1027730/1143844 In which everything is hidden, I completly ignore. As the stats which he is hiding is key in determining if I want to follow a person or not. I mean Drvodka could easily be a tilt monkey and have gone all in on every trade using an insane amount of leverage, which isn't as important to me as him being a tilt monkey, with insane leverage who focuses on accuracy. That to me is by far the most important thing to me as a trader.

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Jan 31, 2015 at 20:36

It would then appear that the trader has a "trade management problem" As if a person as an accurate entry, and is in green x amount of pips, why would the trade then allow the trade to go deep in red assuming they are trading with low leverage. Also recall that Pip-drawdown calculates the highest amount of pips you were in red before you closed the position for profit,loss or BE. Which goes back to what I mentioned before about it being important. Most focus on the the expected profit EXPECTED R:R instead of the REAL R:R which has everything to do with the accuracy of the system.

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Jan 31, 2015 at 20:01

That is where you are 100% wrong, and the equity curve has to do with pip-drawdown 100% Here is why.... The only key factor in forex is PIPs would't you agree? Pips is what allows your p/l to fluctuate. In turn, the Pip-drawdown is what creates the equity curve which you deem to be important. For those of you who have no clue about how the equity curve is calculated please read the following post. http://www.investopedia.com/terms/e/equity-curve.asp What everyone should focus on is Pip-drawdown as it is the only REAL statistic which reveals how accurate a system's entry is. The lower t...

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Jan 31, 2015 at 16:40

This conversation is so simplistic that it makes me sick. Bob said he is looking to "compromise profit for safety". In what freaking world do you live in. Your not even safe in your own skin, so as long as you are exposed to the market your account could never be safe. The level of manipulation which can occur in forex by far exceeds that of say "wall street trading". 1) The spread which is clearly controlled by the broker, can turn your stop loss into swiss cheese. The spread can turn pending orders to market orders which once opened would create a margin call due to the...

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Jan 30, 2015 at 19:49

Yeah typical American. Call me all the names under the sun you like, but the reality is no one here will take your DEMO trading seriously, nor your photoshopped "monthly statement". To bad your IQ doesn't translate in your ability in reasoning that you are a 100% noob cake, and you are here trying to get clients which I hope you know is illegal under the S.E.C. law. I'll be sure to send them your IP address so they can keep a close eye on you noobster.

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Jan 30, 2015 at 18:54

Of course putting a live account doesn't make any sense to you, because you don't have one. You even took the time to send a more then likely photoshopped image of your "old live account". So why do you feel the need to post your live account snapshot, but not a live account on myfxbook? And demo trading is nothing like real trading.

Prove your trading worth... 100% weekly on a consistent basis - long-term? in Experienced Traders Jan 30, 2015 at 18:50

lmaoooooo I know a website was going to come. And why the hell would anyone need to click that link, when you can link your account (so called real account) to myfxbook so we can see everything. As far as being a target, you are in no sense of the word a target. Just a stupid American, like most Americans, believe they are all knowing when the reality is you can't trade worth a lick. Yes, you can't trade worth a lick, and I am saying that based on your stats.

EURUSD	1.03952	GBPUSD	1.24648	AUDUSD	0.62651
USDJPY	153.613	USDCAD	1.42849	USDCHF	0.90728

Posts by forex_trader_202879