Cholipop's Posts - Page 11

What's the best way to trade Martingale Forex Trading in Experienced Traders Dec 01, 2014 at 14:21

The problem with topics like this is that involved to much "theory". The factor of IF is in aspect of our lives. Not any more in forex, then if you are driving your car. What if the person who is behind you is chatting while you are on the road? The reality is martingale fails not because of the system, but because of the user. Many people trade support and resistance which comes to a point in which you will be going against the start of a fresh new trend which no one could predict. Thus making your support and resistance system WRONG, and then leaving your account at higher risk if ...

What's the best way to trade Martingale Forex Trading in Experienced Traders Dec 01, 2014 at 03:23

Martingale is only money management. If you have a system which doesn't experience more then 4 losses in a row, then Martingale would work excellent with such system. Most people consider martingale a "coin toss" form of trading, when the reality is trading support and resistance is the biggest coin toss of them all.

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Nov 30, 2014 at 15:48

At what point did you stop thinking that the banks and hedge funds are trading against you? It has happened to me in the past as well, but then I looked at why I would take a position, and on the very next candle the reverse would start. I then notice that it all comes down to engulfing. A reversal can not occur unless an engulf happens, and the same as an extension. The most popular form of trading is using "support and resistance" level and lines, but that is by far one of the most bias form of trading. As once the price has hit a support or resistance level you still have to pick ...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Nov 30, 2014 at 13:14

Easier said then done huh? Humans lack the ability of being consistent, mainly because we believe that the market is out to get us. Especially those who trade the higher tf...

Risk Management: A Trading Journal in New Traders Nov 30, 2014 at 00:49

A stat that I think myfxbook SHOULD HAVE front and center is Avg Pip - Drawdown. A stat which you can find the avg of as long as the inputted % data is higher. So example you could have a avg Pip - drawdown of 5 pips, but with lots larger then 2.00 your avg is 38 pips. :) Instead of only focusing on Pip drawdown... Why not focus on the AVG of pips you give to the market. I trade using a dead chart. No need for any indicator, as no indicator can tell me if the next candle will be green or red, much less engulf the last candle. :) The simplest and most accurate form of trading is using engulf e...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Nov 26, 2014 at 09:51

You can expect ANYTHING, but some of your expectations could never become reality.... That is the same thing in forex. Until we start to take out all the junk from our system, only then will you be able to turn 100 to 1000 consistently.

Risk Management: A Trading Journal in New Traders Nov 26, 2014 at 05:05

I would say stick to your guns (in the case to letting your sl getting hit), yet look at what you have in front of you. A floating red position which can get even reder thus putting your free margin further into risk. The more money you have tied up into a loser, or to make matters worse ( trying to avg out the loser) then you will miss even better positions which can be taken in other pairs, or even if the same pair. One of the crazy things about forex is that results will vary, and we tend to make decisions right now based on what has happened the last time. So if last time you THOUGHT abo...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Nov 25, 2014 at 18:24

Simple always comes before complex. Which means that if the forex market was to have opened trades to the public, for the first time today. Most of you would not of placed trades, as the Higher TF would not exist. 😑 So, tell me why you would RISK money trading higher tf, and trying to catch tops and bottoms, when you clearly don't have an understanding of the most simple form of trading, which is engulfing patters.

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Nov 25, 2014 at 18:22

Please guys stop using the word RISK..... It is like saying LOOK..... I will respond AT WHAT? When you say RISK, are you speaking of the money you are exposing to the market... Or the amount you are willing to LOSE based on your bias to entering in the position. Risk is a very subjective word, and should be clearly defined. The reality if you guys had an avg of 20 pips or less for PIP - DRAWDOWN, then you will see that you stand a higher chance with minimum exposure to the market, to hit a smaller % profit PER DAY! I have earned over 80 trades 4% per day. :) Some days we get no entry, as the ...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Nov 25, 2014 at 18:17

Why would it be MORE RISKY if you maintain the same money management no matter how much is in the account. Your mentality is why most of your accounts have a huge drawdown with such a high yield %. Money management should NEVER change, no matter how much you have in your account. If I have 100 usd or 250,000 I would expose x amount of margin to get the same % for risk as to reward. The formations which you wager on should not change either.

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Nov 24, 2014 at 23:37

I couldn´t agree with anyone more. The reality is people preach MONEY MANAGEMENT, but the only reason why their money management is so strick is because their system lacks accuracy. If their system had it, then they would be able to be exposed more to the market instead of risking all those pips only to end up paying a ton of money in swap.

FX Manager Listing Board in General Nov 24, 2014 at 09:54

We are still averaging 5% a day, and we have just added 2 new clients.

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Nov 22, 2014 at 13:11

Then you have a look at the account, and you see the huge spike down. He lost all of his profit, although he was not claiming to have the holy grail, the reality is that bias trading caused him to take a big trade which he didn't respect the price action, and he got hammered. :(

FX Manager Listing Board in General Nov 19, 2014 at 18:27

http://www.myfxbook.com/members/Cholipop/currently-active/1037514 Avg 5% per day. Avg Pip drawdown is 12 pips. Scalping using engulfing patterns. Unlike most of the managers the reality is we have no bias towards the positions which we take. Predicting top and bottoms will only end up to account destruction once the one sided market comes. Consider joining the 5% group, instead of the win now, and lose it all tomorrow fund managers.

I want only a safe 4% each month... Which EA?? Thank you in Experienced Traders Nov 16, 2014 at 04:30

Why should I have to be redirected to your website in order to see your trade history when you can clearly click a botton and make it public here on myfxbook. You should be banned for promoting your scam white lable broker.

I want only a safe 4% each month... Which EA?? Thank you in Experienced Traders Nov 16, 2014 at 04:29

It is clear that the one with a rather low I.Q. would be. As no one could be SPANISH, as it is a language. Perhapse you were referring to Latino? Anyway, I hope you have spent your weekend charting, instead of trying to find new ways of insulting someone, because remember you are the FOLLOWER (THE INVESTOR), and not the leader as you should stride to be. Have a wonderful day Spick!

I want only a safe 4% each month... Which EA?? Thank you in Experienced Traders Nov 14, 2014 at 23:42

By the way I live in Spain. Which means I speak spanish. and spend EURS not pesos you simple minded REDNECK.

I want only a safe 4% each month... Which EA?? Thank you in Experienced Traders Nov 14, 2014 at 23:40

Yes do you know why? Because masters like you bomb accounts, then I come in and save the day. I have never once uploaded an account, then changed the date. None the less when I take over the account, my trades are all the same, and I don,t hold positions for days on in hoping for it to turn my way. I the last 2 months have been avg 4% per trading day, in which only day did I have a red day. You guys are here talking about other traders and what they can and can{t do, but you yourself can{t even have consistant profits on a daily basic. Focus on your accounts, and stop wasting your time watchin...

I want only a safe 4% each month... Which EA?? Thank you in Experienced Traders Nov 14, 2014 at 23:34

How much have you earned today Billy joe?

I want only a safe 4% each month... Which EA?? Thank you in Experienced Traders Nov 14, 2014 at 18:59

No where in the terms and agreement does it say that the forum is only for english speakers. You American's are by far super special. lmaoooooooooo Anyway REDNECK open a chart and study, it appears you have a lot to learn. I will enjoy my weekend as I ended it in GREEN! something you failed to do. Have a nice day, and remember if you keep having inter course with your sister (your wife) then your kids will come out with mental disabilities. Much like you. P.S. STOP THE CYCLE

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