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- 54 Results (3 Threads, 51 Replies)
- in_drag88 replied May 19, 2012
Suffering from a loss in trading is part of the business. what we better realize quickly is that losses is supposed to be treated as business expenses rather than negatively profits, rather than its literally meaning as "a loss", or somewhat ...
- in_drag88 replied Apr 28, 2012
I kinda get it like this : Pi is such a constant anyone can't never find all the numbers which made it up. But, we just need the first 39 digits to calculate the circumference and bla..bla... In trading we can never find every variables that making ...
- in_drag88 replied Jan 29, 2012
Yes fierceman, I got what you are trying to say. But isn't it seems paradoxically when you lose all of your money holding on a currency which hasn't lose all of its value? It just like you are buying a house worth 10 mil with caah and when the ...
- in_drag88 replied Jan 28, 2012
That's it Jack...I'm glad you are now having the same tunes with me
- in_drag88 replied Jan 28, 2012
If babypips is confusing people, what about Oanda? url You see that the rate for USD/JPY is 115.00/05 and decide to buy 10,000 USD. Your trade is executed at 115.05. 10,000 USD*115.05= 1,150,500 JPY You bought 10,000 USD and sold 1,150,500 JPY. ...
- in_drag88 replied Jan 28, 2012
let me point it clearly How the heck do I calculate profit and loss? So now that you know how to calculate pip value and leverage, let's look at how you calculate your profit or loss. Let's buy U.S. dollars and Sell Swiss francs. The rate you are ...
- in_drag88 replied Jan 28, 2012
oh cmon... Guys, we forex trader should have understood how money is made in this market. Otherwise, we should checkin' back to babypips, and I am seriously advocating that we should stay there as long as possible before we hand over our moneys to ...
- in_drag88 replied Jan 28, 2012
the lose is not 5000$, but 5000 chf = 5000 / 0.5 = 10 000 USD
- Question : is this a paradox?
Hello people, I am thinking what if such an extremely conditions is happening to the currency pair ...
- in_drag88 replied Dec 19, 2011
Not all of that, if you want a profitable one, you gotta create it, do not find it anywhere! People with enough experiences can suits themselves to any trading conditions they met, experienced trader could modify and put some improvisations to their ...
- in_drag88 replied Dec 14, 2011
You should persist! It's just the stage everyone should face in trading, go with it...let it flow, I'm sure you can survive! Everybody succeeded in trading should have been passed this stage, including myself, you are not alone!
- in_drag88 replied Dec 3, 2011
1. You can be your own boss 2. You can trade from anywhere at anytime 3. It means you can live anywhere in the world 4. Number 1,2 and 3 leads you to 1 conclusion : gettin' your self to have a real life! 5. Forex as an investment which you can learn ...
- in_drag88 replied Dec 2, 2011
You should be keeping it fun while you start learning, but if you want to make real profits you should put less time on it, draw yourself away, do it as your part time job but it pays you fulltime, not the inverse. 2 years of experiences of ...
- in_drag88 replied Dec 1, 2011
Hello, want to share some thoughts for your progress, I think you should have grasp some knowledge in forex after trading and learning for 2 years, and now if you are asking How you can move forward, the only cause is that you're not profitable yet ...
- in_drag88 replied Sep 19, 2011
hehe..and also, stop searching advice from public forum like this, your chance to find something worth read / useful is so small, right you will gain knowledge and experience by doing so, but if you aren't lucky enough you will probably drowned deep ...
- in_drag88 replied Sep 18, 2011
Simple and clear advice for new traders, no cryptic trachings 1. Stay away from Trading System subforum 2. Start thinking for yourself 3. Stop your effort for finding "something"
- in_drag88 replied Sep 13, 2011
A good RR is delusional, stay away from them, and you'll get closer to profitability
- in_drag88 replied Sep 2, 2011
You have to trade with at least greater than 1 of reward to risk ratio to be profitable #mya$$ cut your losses short #theonebeingcalledliquidities there is such a thing like tight SL, like < 10 pips and over time you can be profitable ...
- in_drag88 replied Sep 2, 2011
Hold, 200 pips is so possible to get back for GBPUSD. Next time, try to trade with much2 smaller position, at least your equity should provides 10 000 pips to float in negatives
- in_drag88 replied Sep 2, 2011
Holy grail doesn't exist