Hey fellow traders
I wanted to start a thread that will cover my experiment with forex, a little about myself well I currently trade futures and I post a little in an amazing thread called ratios and harmonics https://www.forexfactory.com/showthread.php?t=402253 Mr Pip runs that thread and it is absolutely worth a read. I'm 29 years old and live in the UK, my first experience with trading was 11 years ago when I opened my first live account a couple of days after my 18th birthday... boy o boy did I think I was gonna be rich I deposited $5000 and ran it up to 11k over 3 months and thought this is it I'm gonna be a zillionaire in no time... then the harsh lesson came and that account crashed and burned in a matter of weeks...
So at some point in 2012 I revisited the trading world and ive come back in a big way like I mentioned before I'm trading futures and currently trying to manage that account to a point where I can live solely from trading currently, I am having to support my self a little with money I have saved and made from a previous offline venture due to currently growing my account size an not wanting to withdraw anything from it.
so the experiment well like many why not set a huge goal ive deposited $350 its a small amount but its real.its an amount that I can afford to lose with absolutely no worry if it blows it wont have any dramatic affect on my life it could be more and it could definitely be less, in fact I could demo trade it as its just an experiment with a mechanical trading system I have come up with
Goal 1 - For the first month BE PROFITABLE
Goal 2 - $1000 account size
Goal 3 - well lets not get ahead here but eventually 100k???? yeah that seems like a nice chunk of change
The system I am using Well I'm not going to share that just yet after a month or so if I'm profitable I will make a video series and post them in a new thread and help everyone as much as I can
@@::::::WARNING::::::@@
It is very possible I will post about my day to day activities and maybe an odd rant about nothing that has nothing to do with absolutely nothing but for the most part it will be daily trades/results and charts as we all love a look at a chart from time to time in fact just because we all love them so much heres a chart of usd/jpy 1h chart
@@:::::EDIT::::::::@@
The reason that I am not currently sharing this system is due to its simplicity I believe most people would pass it as they might believe that with no indicators or any bs how is it meant to provide a valid signal
I wanted to start a thread that will cover my experiment with forex, a little about myself well I currently trade futures and I post a little in an amazing thread called ratios and harmonics https://www.forexfactory.com/showthread.php?t=402253 Mr Pip runs that thread and it is absolutely worth a read. I'm 29 years old and live in the UK, my first experience with trading was 11 years ago when I opened my first live account a couple of days after my 18th birthday... boy o boy did I think I was gonna be rich I deposited $5000 and ran it up to 11k over 3 months and thought this is it I'm gonna be a zillionaire in no time... then the harsh lesson came and that account crashed and burned in a matter of weeks...
So at some point in 2012 I revisited the trading world and ive come back in a big way like I mentioned before I'm trading futures and currently trying to manage that account to a point where I can live solely from trading currently, I am having to support my self a little with money I have saved and made from a previous offline venture due to currently growing my account size an not wanting to withdraw anything from it.
so the experiment well like many why not set a huge goal ive deposited $350 its a small amount but its real.its an amount that I can afford to lose with absolutely no worry if it blows it wont have any dramatic affect on my life it could be more and it could definitely be less, in fact I could demo trade it as its just an experiment with a mechanical trading system I have come up with
Goal 1 - For the first month BE PROFITABLE
Goal 2 - $1000 account size
Goal 3 - well lets not get ahead here but eventually 100k???? yeah that seems like a nice chunk of change
The system I am using Well I'm not going to share that just yet after a month or so if I'm profitable I will make a video series and post them in a new thread and help everyone as much as I can
@@::::::WARNING::::::@@
It is very possible I will post about my day to day activities and maybe an odd rant about nothing that has nothing to do with absolutely nothing but for the most part it will be daily trades/results and charts as we all love a look at a chart from time to time in fact just because we all love them so much heres a chart of usd/jpy 1h chart
@@:::::EDIT::::::::@@
The reason that I am not currently sharing this system is due to its simplicity I believe most people would pass it as they might believe that with no indicators or any bs how is it meant to provide a valid signal