Quoting thehunDisliked80%?????
Man alive!!! Now, I thought I had a brass set..but dude...yours have gotta be made from titanium.. That is just wayyy too much ...for me..and that is exactly how I've managed to blow out accounts. 400:1 and 80% is insanely overleveraged. ...... You trade your system, you've done so for a while and it has made you a considerable amount of money and THAT's GREAT. All I am saying, is that for me, I've been that aggressive in the past and I've found that all it has led to is big blow ups ...I'm trying to find a money mangement system that emobodies the best of both worlds.
The Hun.
Ignored
I'm traveling today so excuse the delayed response. Wheels up Wednesday a.m., at 9:30 so don't expect to hear from me until later in the day.
Thank you, thank you, thank you. Thanks for making my point, one that I've stated repeatedly in this forum and in other forex forums:
Each trader must develop their own personal system that consistently produces positive pips for therein lies the potential for profits.
[I'm a Dallas Cowboy fan, that's why the blue. :-) ]
So Hun, what works for me obviously doesn't work for you.....But that's okay, no problem. Your response alone clearly shows you don't see what I see, so how can you do what I do? But that's okay, calm down. I told you yesterday to have a seat and send the kiddies to bed. This is Big Boy stuff.
Forex is risky folks and blameshifting is easy. When you take responsibility for yourself and develop your own system, guess what?? Therel'll be no one else to congratulate (or blame) but you and the Lord, if you're a believer. If you're not, well that's another subject.
Hun, I don't know what kind of system you had that blew out your accounts (and I don't want to know) but as I stated in the earlier post... MY SYSTEM WORKS. PERIOD. I have absolute confidence in it. Hun, trust me, if it didn't work i wouldn't leverage my account the way I do.
Finally, note what I said about developing a simple 10 pip system that consistently produces 10 pips. Once you're confident of such an outcome, then reinvest, grow to standard lots and leverage. But NOT before you develop your system that you know will consistently produce such results!!! I ain't sayin' it no mo'.
Dude, stick with what works for you and you will be just fine. T/A doesn't work for me and i don't use it. But how can I lose with the stuff I use??