DislikedAre you consistently profitable?
Depends completely on the setup. What's your point?Ignored
45 Ways to Avoid Losing Money Trading FOREX, by Jimmy Young 46 replies
Losing 20% live :( 11 replies
Is losing a requirement to be successful? 72 replies
Losing connection on Interbankfx about once a week 6 replies
DislikedAre you consistently profitable?
Depends completely on the setup. What's your point?Ignored
DislikedMethinks price in relation to the P/L is more important than any strategy (or setup)Ignored
DislikedAre you consistently profitable?
Depends completely on the setup. What's your point?Ignored
DislikedI would like trade only EURUSD, for me its good smaller Timeframe,
maybe 5min, i want be in trade only few minutes.Ignored
DislikedCheezy,
The answer is plain and simple. At the moment, you do not understand price. This is the key to trading, most traders have been there at some point, some are still there. Ditch the indicators and watch the price.
NitetraderIgnored
DislikedHi all. I am still loosing, I'm so sad. Can anyone help me?
I would like trade EURUSD and GBPUSD.
Skype: Cheezy_czIgnored
DislikedNot that you will learn anything but you might look at this.......... EUR/USD MA system
OR THIS ONE.... basically the same system really.
Not really sure why I post this since I doubt you will ever really get the hang of trading unless you change your mindset.
Anyway .... wish you luck.Ignored
DislikedCheezy,
I understand the "still losing" situation - I was that situation until quite recently (until I woke up and smelled the roses!) so I know what I'm talking about.
I going to help you with some real advice:
You have 2 choices if you really want to be successful over the long term. Note that I say "over the long term" because the way to make money in this game is slow accumulation of profits. The moment you over-leverage to make up for one or even a series of losses you will empty your account - that's guaranteed. It's simply...Ignored
DislikedNo updates yet? Why am I thinking that this is not a real thread..for some reason the poster seems to show a reluctance to return to the thread, never mind..
Weird though, the 1'st post, the trades..etc.Ignored
DislikedOP in that thread hasn't even explained what he's doing other than creating extraordinarily lopsided risk. I'm not sure how that would help this person other than get them in serious trouble. Instead I would suggest gauging your risk on something concrete that tells you your setup is invalid - fixed pip stops aren't always appropriate.Ignored
DislikedI am not endorsing his system only his idea which seems to be working if you checked out his trading statement.
Sorry I forgot to mention another good idea which is "trade copying". I have not tried out the idea but it makes sense to let someone who really knows what he's doing make the decisions for you!
Two possibilities: www.fxjunction.com or www.hqforexsignals.com
They both allow you to check out trading histories and offer software which you simply install on your MT4 platform and that's it!
Rgds
Jerry...Ignored
DislikedOn the OP, well it is a sad, sad world and life ain't fair - so deal with it.
Moving on, copytrading is actually a good idea esp if you are on a losing streak ..of course you would still need to do the grunt work, research the DD's on all the traders there, select the top ones and move on.Ignored