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Posts by forex_trader_28881
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RESCUING ACCOUNTS IN DRAWDOWN
in
Experienced Traders
Dec 04, 2011 at 03:15
I been thinking about doing a forex ambulance for a long time. Oanda has 20 000 failed accounts, each with anything from $1 to $100 in them. Average that out and you have quit a bit of dead money there. At least $ 1000 000 for an API to play with.
its happens some times.... help
in
General
Dec 01, 2011 at 08:29
Well, keep trading, just use the smallest units you can, how else you going to know when the game is on again?
its happens some times.... help
in
General
Dec 01, 2011 at 00:41
Drop your trade sizes fast and keep them low till you start winning.
Stop Playing around
in
General
Nov 30, 2011 at 23:28
Ya well. I also traded through that and my accounts hit new highs. What was your intended trade? Euro or USsd, see that move was Eur. Had you had a diversified USD position you'd have survived. But you had a EurUsd which is both a Euro and Usd position with to big a trade on it. Trade sizes, diversification. Risk management, you could use a hedging order as a stop in a different pair. Using an actual stop is pointless. But of course to hedge properly you need to understand trade values and so on...It's really not about where you put down the trade. It's about everything else...whic...
Entry Efficiency
in
General
Nov 30, 2011 at 09:49
Well, I've given up on those type of systems some time ago. As far as I am concerned there's nothing which will help you get a better entry.
Stop Playing around
in
General
Nov 30, 2011 at 09:15
To try and trade $500 is near impossible anyway. Smallest change you can do on a account is about $120 to $150. That's the value of 0.01 lots on a mini. Your account is only $500, so right off the bat the chances of that account making it is about 0%. See if you can get some books from Van Tharp. He goes into detail about it. Also the reason you can forget about that $5000 in a week. http://www.iitm.com/tips/Tips-MM.htm
Stop Playing around
in
General
Nov 30, 2011 at 09:12
Depends on the rest of your strategy Ken. And the specific performance of your calls. What does the worst loosing streak look like? Can you survive it? And if you drop trade sizes when you start loosing, how does that affect profitability ? What does the average losing streak look like? Stuff like that.
Stop Playing around
in
General
Nov 30, 2011 at 04:34
Ken, Just a word of advice. In that last thread not once did anyone mention trade sizes. It's all about prediction and direction. Trade sizes are far more critical than predictions and directions. If strongly advise you to pay more attention to that aspect of the trading.
Entry Efficiency
in
General
Nov 29, 2011 at 17:49
Please define "exit efficiencies".To me it sounds like you you're saying you have a good strategy for getting out. If that is the case then the entry is easy. It's any point. Take eurusd for example. 1.3344, run that left for a year's data, see how many times price goes through that level. 11? 20? 100? So then the exits be the same. There is no efficiency. Doesn't really matter what point you take, it will be crossed many times and can be used as both exit or entry.
I have done 1,000% in 1 week twice on demo and I need to do it live...
in
General
Nov 24, 2011 at 05:35
Might want to read up on the subject a bit: http://en.wikipedia.org/wiki/History_of_same-sex_unionsAnd come up with some new insults. The last ones didn't work. I'm not offended.
I have done 1,000% in 1 week twice on demo and I need to do it live...
in
General
Nov 24, 2011 at 05:23
What's this obsession with gayness ?Some people are gay. Get used to it. I hardly think being called faggot is an insult. Alexander the Great was a faggot. He ruled the known civilized world with an iron fist. You had to calll him Mr. Faggot or he'd kill you, your extended family and your entire army.In Rome and Greece the soldiers got issued a boy. They ruled the half of the world Alexander didn't rule: "At least two of the Roman Emperors were in gay unions. The first Roman emperor to have married a man was Nero, who is reported to have married two other men on different occa...
I have done 1,000% in 1 week twice on demo and I need to do it live...
in
General
Nov 23, 2011 at 23:32
*shrug* whatever....
I have done 1,000% in 1 week twice on demo and I need to do it live...
in
General
Nov 23, 2011 at 16:21
And I don't believe I called anyone any names. Thank you. And try stay polite, not nice to swear at people when you can't read straight.
I have done 1,000% in 1 week twice on demo and I need to do it live...
in
General
Nov 23, 2011 at 16:13
That you Zero ? Just in case you aren't, can't you spot a web marketer when you see one Porquilho? I have very little patience for the 7forex's of the world. If he can't even solve something as simple as broker problem what the hell is he doing gambling other peoples money?Not rocket science this stuff and very obvious to anyone who has even a vague idea of risk and the role of leverage in risk that he's just peeing money away against a wall.
I have done 1,000% in 1 week twice on demo and I need to do it live...
in
General
Nov 17, 2011 at 15:03
There you go 7 - your first happy client. Put down the money leerees !! Only $3000 (remember it might take 3 tries) - Can walk out with thousands in just a week. Show me how big a idiot I am....
I have done 1,000% in 1 week twice on demo and I need to do it live...
in
General
Nov 16, 2011 at 12:45
I'm actually not warning anyone against the risk of the "opportunity". There is no "opportunity" or investing here.
I have done 1,000% in 1 week twice on demo and I need to do it live...
in
General
Nov 16, 2011 at 00:51
What a surprise.....
Emotional Trading
in
General
Nov 13, 2011 at 01:08
Yeah I tried that unholy ghost, then you wake up broke and with a hangover instead of just broke !!hkherediaSadly this is the road you need to travel to figure it out. Now the question here to ask is what isn't working. See, few years ago I noticed that if you look at the chat rooms, you see the same people there day after day after day, and very often they call against each other. Someone must be wrong. Yet the same people make money. So it can't be the direction of the call that's making the money. And if it's not that, then what is it?See your forex journey really starts whe...
I have done 1,000% in 1 week twice on demo and I need to do it live...
in
General
Nov 12, 2011 at 08:09
RB, I think best to let it go, leave them to it, tried to warn them, no one is really interested, so I think it's School of Hard Knocks time. Market will teach them. Can't even say I feel sympathy for the greedy git whose going to get their fingers burned here.
I have done 1,000% in 1 week twice on demo and I need to do it live...
in
General
Nov 11, 2011 at 03:48
You my friend, don't understand risk. There is 100% chance you are going to lose their 20%. It is not an opportunity, it's a roll of the dice born out of ignorance. If you understood risk you would understand why it will never work. It's really not my business. I don't care if you burn someone else and I doesn't really matter if you understand what you're doing or not. Makes no difference to me.So go right ahead, burn someone. But I say here in writing today, reader beware, it will never work, simply because the risk needed to take for that return vs the probability of ...
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