If someone can make about 100 pips every week, life will be, oooohhhh, sooooo fine.
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Quoting Munch_MunchDislikedIf someone can make about 100 pips every week, life will be, oooohhhh, sooooo fine.Ignored
Quoting eastmaelsDislikedOhhhhh.... So now that explains why you're always on mud pack to cover those burns...
Sweet revenge...Ignored
Quoting diallistDislikedHow come it is that positive pips with bad money management loses money, but we can't have negative pips with good money management to make money. Doesn't seem quite fair, does it? :Ignored
Quoting diallistDislikedHow come it is that positive pips with bad money management loses money, but we can't have negative pips with good money management to make money.Ignored
Quoting Munch_MunchDislikedCeteris paribus, starting with the lowest possible account size, in order to reach maximum capacity at the fastest rate, it will take about 1 year from implementing the compounding process, no less than 3 months, probably around 6 months to reach maximum efficiency and effectiveness.
If you use one forex company you run the risk that that forex company might close shop. So it is necessary to withdraw some profits and put that amount with another forex company. Spread them out among a few good forex companies. However, doing that slows down the compounding process. But if you don't do that and that forex company does close shop, you lose everything, your initial capital and all your hardwork. If that forex company is not hedging its positions when it should be, it is very likely to close shop once it knows that you are going to break the bank.
Actually if the forex company is smart it can study your strategy and if it understands the strategy it can use it on other forex companies.Ignored
Quoting jeff7495Dislikedhello i have been doing some money managemet homework and i have come to a point that if i make 500 a month, i ll quick my job today.
now the question is how??
25p a day 5-10min chart?
120 a week using 1-4 hour chart?
or 500p a month using 4-daily chart?
ok there i go, but the other thing is if i risk 35p per trade thats perfect if am
aiming to 120p but risking 35p for 25p?? i i think i need a lile help hereIgnored
Quoting QuestionGuyDislikedMy humble advice is to read carefully what people are trying to tell you and
to find a harmony with yourself and the market.Ignored
Quoting QuestionGuyDislikedIn a nutshell, self-discipline simply means that you do what you need to do, and you stop doing what doesn’t work."Ignored