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- 250 Results (3 Threads, 247 Replies)
- Varkeer replied Feb 2, 2023
Well good news/ bad news, got head hunted by a recruiter, and will be getting a huge salary bump, to start working at Fidelity. But my role is going to make it pretty much impossible to trade forex, due to regulatory compliance. Back to dividend ...
- Varkeer replied Sep 2, 2022
$6k profits over the last two weeks.
- Varkeer replied Aug 30, 2022
P&L Summary for up to last week, so with this week not added in yet it is roughly $1,300 higher now, may finish the week up $2k or higher. image
- Varkeer replied Aug 30, 2022
Win % over the last 30 trading days image Trades from Monday: image Breakdown of recent winning versus losing days image
- Varkeer replied Aug 29, 2022
It would serve you better to open a prop trading account before a loan.
- Varkeer replied Aug 29, 2022
Going over a year without a profitable month would be a key indicator that you really should stop trading. So this is blowing up your account 12 times in a row. Whatever you start the month with, you end up losing it all, over and over and over ...
- Varkeer replied Aug 29, 2022
Fixing your own mistakes and biases are going to make you a better trader. Always work to improve, learn, be better, trade better.
- Varkeer replied Aug 29, 2022
Also a lot of overlap with long term successful traders as well as poker/card players and competitive gamers. Another skill set that is developed in combat scenarios, taught as the OODA loop, viable in ground, air, sea combat encounters.
- Varkeer replied Aug 8, 2022
First day trading, already hit the upgrade goal, $20k account next week and at least a $1,700 payout (so far) incoming. Also still hilariously at 100% image
- Varkeer replied Aug 7, 2022
Sure it is possible, but likely for most people? No. Have I done it before? Yes. Have I lost money trying to "chase" this idea, Oh yeah. My advice after 8 years; Look for good trades/setups. Never trade for the money, in fact, secret mental hack ...
- Varkeer replied Aug 7, 2022
Not really a scalper, I tend to hold trades at least for 4+ hours, usually 8-18h+. I will do faster trades with more volatility if I am available. Like last week I took 10 trades at 100% over a 6-8 hour period because of how active it was.
- Varkeer replied Aug 7, 2022
Started a prop trading account with MFF, the $10k accelerated emphatic one. Should be able to get it running this week.
- Varkeer replied Jul 24, 2022
Yeah, but trading and placing the trades is half the fun, why let a program, get sub par results on an automated level? ;P Machine learning, EAs, can only analyze so far, according to their parameters, the granular nature of the live active markets ...
- Varkeer replied Jul 24, 2022
I have done similar trades in the past, what I recommend, is to slowly grow the account, set aside funds for margin risk, pull out some profits, and make sure you are debt free, if not already, and give some to charity. I would do a ratio of about ...
- Varkeer replied Jul 24, 2022
Your mindset is the most important part, trader psychology is the key that most lack, and what keeps them from success. Maintain your locus of control.
- Varkeer replied Jul 24, 2022
Yeah, don't go past 1:50, it sets you up to have to do a lot of compromises otherwise. Capital at risk, margin, drawdown, money management.
- Varkeer replied Jul 24, 2022
Why are you using such high leverage? I would never go more than 1:50, you set yourself up to have to keep in too much capital at risk, or it makes you have to do things, and miss opportunities due to margin limits. Your drawdown being a perfect ...
- Varkeer replied Jul 24, 2022
This was last week in focus: image this was a good week about a 30% ROI The reason my profits look like this, is because I scale into winning trades, so my profits go up quick on days when I am right, like how much I made on Friday, relative to ...
- Varkeer replied Jul 24, 2022
Yeah, possible, people can have really good weeks, I just had one, relative to my last few image this was a good week about a 30% ROI The reason my profits look like this, is because I scale into winning trades, so my profits go up quick on days ...
- Varkeer replied Jul 24, 2022
Finally got some time to trade this week, work has been crazy busy. These are times when I want to make the transition to a full-time trader lol. image image