Dislikedhmm, 120% in 1 month? risking 5% on each trade? It would be hard to swallow if you had 2 losses after each other, that's 10% gone.Ignored
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
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Dislikedhmm, 120% in 1 month? risking 5% on each trade? It would be hard to swallow if you had 2 losses after each other, that's 10% gone.Ignored
DislikedHere is another income calculator..
I set an example on the table with initial $2000 balance and 5% risk(3mini-lots) with 50pips day..If you can follow this table, you can be a millionaire in 173 days based on the table....Compounding is very powerful...You don't need alot of money to reach this amount...It is discipline and patience!!!Ignored
Dislikedjust tellin ya what I do, nobody else needs to follow. this has worked for me. i have been trading for a while now. i have certain set ups that work for me and that is all i look for. alot of times while u guys make pips i am on the sidelines becuz my set up isnt there. I have blown accounts, been greedy, over traded (just like most in here who admit it) but i have learned from it. do what works best for youIgnored
DislikedIf you follow your rule of 50 pips everyday, you can be a million$$ in no time depending on your balance..
I have a money management table for you to project your profits everyday,week, and month with charts...
Enjoy...
Put in your values and project your million dollar goal..It works for me..
Patience is the key!!!
Setting a goal everyday is the key to reaching staying focus..
Good Luck..
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DislikedShort position from 134.30 and I have my TP at 130.70 area 78.6%..
I will buy in the 130.70 zone for long position..
Good Luck..
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DislikedShort position from 134.30 and I have my TP at 130.70 area 78.6%..
I will buy in the 130.70 zone for long position..
Good Luck..
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Dislikedagain, nice call, to the pip! waiting for my set up and i will be buying with ya. thats 500 pips off sunday's run up. we should be due for a retrace but this is the BEASTIgnored
DislikedWell Karmo,
I can indeed tell you it works for me...I appreciate your feedback...
You are one of a kind trader sticking with your strategy..
You have shown in the past year that patience is the key...
I believe this year if many traders set their goal and follow with discipline and PATIENCE, achieving the millionaire status would not take long ...
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DislikedThis year is going to be my year to reach the millionaire status, it is my goal and I have promised myself to get there.
Patience is the key to everything in life, not just tradingIgnored
DislikedThis year is going to be my year to reach the millionaire status, it is my goal and I have promised myself to get there.
Patience is the key to everything in life, not just tradingIgnored
DislikedMission accomplish...
Profit from Sunday night: 360 pips.. (short from 134.30 to 130.70)
I will wait for retracement from the 76.8% if it holds for a long...
Good Luck..
Today was easy pips because it was a trending day..Ignored
Dislikedi have been sticking to that goal (50 p/day or 250 p/week since Dec. 18, '08) and i have increased my account 120% (before last nights total) using 5% max risk. it keeps me out of the market and i keep my pips. i did risk more last night as the market obviously appeared to be in downtrend but God has been awesome since He showed me that. if i get more pips and the market is still ripe, and if i decide to take another trade,...Ignored
DislikedThis year is going to be my year to reach the millionaire status, it is my goal and I have promised myself to get there.
Patience is the key to everything in life, not just tradingIgnored
DislikedI have once traded like you and i have had over 3 margin calls losing over $7,000 within this last one year. I am back trading demo account risking not more than 2% in each trading....Ignored
Dislikedhmm, 120% in 1 month? risking 5% on each trade? It would be hard to swallow if you had 2 losses after each other, that's 10% gone.Ignored
DislikedI have once traded like you and i have had over 3 margin calls losing over $7,000 within this last one year. I am back trading demo account risking not more than 2% in each trading.
Limit your risk (this was attributed to a posting by the Elliott Wave group, however, I was not able to confirm)
If you risk 50% you will wipe out as soon as you have 2 consecutive losing trades 1 chance in 4
If you risk 25% you will wipe out as soon as you have 4 consecutive losing trades 1 chance in 16
If you risk 10% you will wipe out as soon as...Ignored