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Attachments: the Survival of my $220.99
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the Survival of my $220.99

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  • Post #1
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  • First Post: Jan 1, 2008 7:20pm Jan 1, 2008 7:20pm
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
assalamualaikum and hello to my threads visitor

currently i am new to forex, im having so much losses than winning
hehah well, i never give up

after reading most journal here, i've decided to start my own journal and stating my tiny survival of $220.99 hehe

i trade using marketiva platform (which this is the only platform i have right now). will upgrade to bigger platform only when i have very2 big capital

good luck to me and hope this 2008 kindly gives me more green than red :
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winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #2
  • Quote
  • Jan 1, 2008 7:25pm Jan 1, 2008 7:25pm
  •  JustLookin
  • | Joined Dec 2007 | Status: Member | 11 Posts
Good luck. You should probably trade smaller. Your current trade is 11:1 leverage. Anyway - up to you.
  • Post #3
  • Quote
  • Jan 1, 2008 7:42pm Jan 1, 2008 7:42pm
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
oh is it? hehah
i still don't know much bout that leverage
actually how much % should i open from my margin?

seems now i have open more than 5% from my balance and floating like hell
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #4
  • Quote
  • Jan 1, 2008 8:27pm Jan 1, 2008 8:27pm
  •  JustLookin
  • | Joined Dec 2007 | Status: Member | 11 Posts
your trade is 1200 gbp/jpy. 1200 gbp is 1200 X 1.98 (current rate) = 2376 usd. 2376 / 221 (your balance) = 10.75.
  • Post #5
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  • Jan 1, 2008 10:34pm Jan 1, 2008 10:34pm
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
Quoting JustLookin
Disliked
your trade is 1200 gbp/jpy. 1200 gbp is 1200 X 1.98 (current rate) = 2376 usd. 2376 / 221 (your balance) = 10.75.
Ignored
i am not so clear..
u mean i only can open 1075 quantity only to trade? (safeway?)
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #6
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  • Jan 1, 2008 11:08pm Jan 1, 2008 11:08pm
  •  WHTenn
  • Joined Nov 2006 | Status: Member | 1,758 Posts
Please tell me that you have some experience or training in the forex
  • Post #7
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  • Jan 1, 2008 11:21pm Jan 1, 2008 11:21pm
  •  Tiki Trader
  • Joined May 2006 | Status: Trade Towards the 5 ema | 2,881 Posts
I don't think so................!!!!

Quoting WHTenn
Disliked
Please tell me that you have some experience or training in the forex
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  • Post #8
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  • Jan 2, 2008 4:09am Jan 2, 2008 4:09am
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
Quoting WHTenn
Disliked
Please tell me that you have some experience or training in the forex
Ignored
so far, i never attend any training/class..
experience? hehe playying with my virtual, and 1-2 months with live account
just try and error (but mostly was error
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #9
  • Quote
  • Edited at 6:15pm Jan 2, 2008 5:59pm | Edited at 6:15pm
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
yay~.. marketiva open today.. and i online around
6.30am (GMT+8)
and my floating became more hell! heheh
here i post the current situation of the
position, prices and account

pretty scary or pretty dumb!
i don't know..

what shud i do... shud i close it or shud i stay?
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winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #10
  • Quote
  • Jan 2, 2008 6:18pm Jan 2, 2008 6:18pm
  •  cryten
  • Joined Sep 2006 | Status: Oxy Moron | 966 Posts
mate get down to babypips and read through the lessons then choose a simple effective trading system like "3 ducks". Maybe then you can start to recoup some losses. Good luck
  • Post #11
  • Quote
  • Jan 2, 2008 6:24pm Jan 2, 2008 6:24pm
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
Quoting cryten
Disliked
mate get down to babypips and read through the lessons then choose a simple effective trading system like "3 ducks". Maybe then you can start to recoup some losses. Good luck
Ignored
thank you for the tips. i will go there

ps* i will update my survival in daily result
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #12
  • Quote
  • Jan 2, 2008 8:05pm Jan 2, 2008 8:05pm
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts

can this be use?
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winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #13
  • Quote
  • Jan 2, 2008 8:52pm Jan 2, 2008 8:52pm
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
if only i can be this good
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winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #14
  • Quote
  • Jan 2, 2008 11:56pm Jan 2, 2008 11:56pm
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
heheh a bit update on my loses
currently i'm -3.36% from 220.99
ouch~
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winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #15
  • Quote
  • Jan 3, 2008 12:21am Jan 3, 2008 12:21am
  •  ssherwood76
  • | Joined Nov 2007 | Status: Member | 270 Posts
"Before you get in, know where you are getting out." - Jack D. Schagger
  • Post #16
  • Quote
  • Jan 3, 2008 12:28am Jan 3, 2008 12:28am
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
Quoting ssherwood76
Disliked
"Before you get in, know where you are getting out." - Jack D. Schagger
Ignored
yeap, i wish i can learn that asap
seems like i'm killing my 220.99
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #17
  • Quote
  • Jan 3, 2008 2:15am Jan 3, 2008 2:15am
  •  Tiki Trader
  • Joined May 2006 | Status: Trade Towards the 5 ema | 2,881 Posts
Do you have some more money to put in...???

Quoting winredpips
Disliked
yeap, i wish i can learn that asap
seems like i'm killing my 220.99
Ignored
  • Post #18
  • Quote
  • Jan 3, 2008 2:17am Jan 3, 2008 2:17am
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
Quoting Tiki Trader
Disliked
Do you have some more money to put in...???
Ignored
this is only the budget i have for the journal.. (for this while)
dunno yet when im going to have extra budget
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #19
  • Quote
  • Jan 3, 2008 12:04pm Jan 3, 2008 12:04pm
  •  winredpips
  • | Joined Dec 2007 | Status: Member | 32 Posts
getting worst more worst!
is there anyone can give me tips to control emotions,
or how to keep emotion in the box while trading?

currently i'm -11.26% from 220.99~ it's dying X|
Attached Image
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • Post #20
  • Quote
  • Jan 3, 2008 12:38pm Jan 3, 2008 12:38pm
  •  Leonardo
  • | Joined Sep 2007 | Status: Member | 4 Posts
Hi

Its all up to you what you do, but I might would do the following ....

1st
See if you can get even now on your trades or even out and take the loss

2nd
read the complete babypips and all the new-bee stuff here on the board
especially the part on Leverage and not use more then 1-2% .....

3rd
Buy Trading in the Zone read it many times .... You will never understand it on the first read.

my 2 pips and good luck to you
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