Hi Walt, To be honest, I ended up blowing up my practice account with the method I described here. The thing is... I was over leveraged and didn't follow the method to the T. I ended up getting lazy and stopped placing trades everyday. If I had ...

How do you place so many trades so fast?

Do you use any specific method to trade that you would like to share?

Will there be a November EA?

100% per month?? What's your leverage?

I will be opening a live account with MBTrading in the next few weeks (so I, too, can start making some $$). Anyone have any +/- experiences with that broker you would like to share?

Jest, You've got the right idea... Thats exactly the way Im doing it. If you just blindly make trades and use a martingale strategy (like many are assuming), failure is right around the corner... But, combining this strategy with a medium to ...

Progress: Currently up 68% in 5 weeks... These results are not truly representative of the returns I will get in my real account. I will be trading smaller lot sizes at lower leverage. I would estimate that the gains would be 7-10 times lower... but ...

What do you mean? Which charts are you referring to?

Floating P/L:-3 822.18

OK, my account is down about 30% from its high in the last week or so. Seems like the market is turning around... This should be a great test to see if it can weather the storm.

Thank you.

Thanks to all for sharing! So what type of strategy, in your opinion, produces the best results... No, Im not asking for you to spell it out - just asking what works for you... ie. Price action, Indicators, News, a combination, etc..

I see.... WOW! You're really onto something Stevie, keep up the good work.

Wait, isnt the spread on G/J 8 pips, making that a 2 pip gain? Or is this a gain of +10 over the spread?

The market is dipping today. This should be a good test of whether this strategy is sustainable... I will post my holdings a bit later.

Doji, Thanks for the post! Its always great to hear stories from tried and true traders! Thanks for the advice and for sharing. I see so much potential in this market, but with so many distractions (crazy leverage, crazy brokers, news spikes, etc) ...

Hmm interesting... I didnt think people would be so shy to share their results. I just want to get a sense of what kind of returns are typical in Forex. Ive read many times that only 5% of people who trade forex make money, but I dont believe that. ...

Hi Ninja, Have you tried something similar before? What were your results? Care to share any stories/tips? What kind of risk/reward would you recommend? Thanks!