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Hisams
Is forex gambling?
v
Skúsení obchodníci
May 11, 2013 at 21:35
I'm sorry but that is some of the worst advice I have ever heard.. Have you ever heard of the Nick Leeson case? the old trader that bankrupt barrings bank with that mentality... Don't dig yourself a hole you cant get out of when trading. Cut losses and let profits run.
Anyone Trading For A Living?
v
Skúsení obchodníci
May 01, 2013 at 15:57
****max loss of 3% lol
Anyone Trading For A Living?
v
Skúsení obchodníci
May 01, 2013 at 15:57
That's the plan, I'm shifting towards only using 10x leverage, that should lead to more consistent results and lower my standard deviation of return, which in turn should higher my sharpe ratio! At ten time leverage I'm aiming for a max loss of around 10%, ~30 pips, with that hopefully my risk of ruin will decrease significantly from 10 to around 3% or less.
Hisam Sabouni
v
Obchodné systémy
May 01, 2013 at 06:36
Hello everyone, I trade primarily off of technical analysis using a momentum based strategy. Very happy with my results so far.
Anyone Trading For A Living?
v
Skúsení obchodníci
May 01, 2013 at 06:35
I've been trading since the age of ten (on my parents accounts). began trading options and equities mostly. At the beging of this year I turned 18 and opened my own fx account. Has been pretty successful up 51% so far. Even though i'm young I am a senior in university and make enough to cover all my expenses by trading my own and parents accounts. Don't have enough time to get a job and go to school fulltime so trading works wonderfully for me 😄
Is forex gambling?
v
Skúsení obchodníci
May 01, 2013 at 06:33
FX is a form of calculated gambling, sort of like poker is the way I see it. For your competing with everyone sitting at your table, which in the case of FX is people from around the world. To get reads upon each other, we all use different forms of "momentum" indicators too see which way the markets are going!
Introduction
v
Skúsení obchodníci
May 01, 2013 at 06:32
Hello everyone my name is Hisam, just thought I would introduce myself as I am new to the site. I have been trading since the age of 10 and primarily base all my trades off technical analysis. At the beginning of the year I finally turned 18 which allowed me to open and trade on my own account, instead of my parents lol. So I transitioned from equity and options trading to forex trading particularly to use the ability to leverage my small account to a higher balance. So far I've been fairly successful and have yielded 51% in the past 4 months. You can see the details of my trades in my por...
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