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  • #1,122,281
  • Jul 10, 2017 4:34am Jul 10, 2017 4:34am
Quoting NotAtrader
{quote} Yep. Right now I can take 1800$ profit. But I will wait just a little longer. Let's see Cheers
Nice, I will be trading with a £50k account soon. Any advice? Some say use 1% per trade and some say 2% to 3%.
  • #1,122,282
  • Jul 10, 2017 4:40am Jul 10, 2017 4:40am
I think I will buy it when it goes to 1.1379. Lol I only learnt to use this Fibonacci the other day. I think its the best Tool.
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  • #1,122,283
  • Jul 10, 2017 4:47am Jul 10, 2017 4:47am
Quoting Samson85
{quote} Nice, I will be trading with a 50k account soon. Any advice? Some say use 1% per trade and some say 2% to 3%.

I don't know what to tell you mate. There are ao many good methods to manage your money. But chosing the right one is not easy as it depends on your trading stylle.
I personally risk a lot. The bigger volatility, the more I risk. When the market is dead like today. I trade small bets because if it jumps somewhere and stays there for the rest of the day, there is no recovery.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,122,284
  • Jul 10, 2017 4:54am Jul 10, 2017 4:54am
Quoting NotAtrader
{quote} I don't know what to tell you mate. There are ao many good methods to manage your money. But chosing the right one is not easy as it depends on your trading stylle. I personally risk a lot. The bigger volatility, the more I risk. When the market is dead like today. I trade small bets because if it jumps somewhere and stays there for the rest of the day, there is no recovery.
What broker are you using? Lol if a $120 per point is small then that's nuts lol.
  • #1,122,285
  • Jul 10, 2017 4:58am Jul 10, 2017 4:58am
Quoting Samson85
{quote} What broker are you using? Lol if a $120 per point is small then that's nuts lol.
IG
1200$ per pip is very usual bet for me.

Cheers

EDIT: Let's say not ususal, but I often trade 1200$ per pip. The usual size for me is between 360 and 480 per pip
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,122,286
  • Jul 10, 2017 5:00am Jul 10, 2017 5:00am
VSA AND HARMONIC WORKS LIKE A CHARM ..it was my ptz /eu/usd weekly overview

https://www.forexfactory.com/showthr...2#post10066872
Say something meaningful or Silence!!
  • #1,122,287
  • Jul 10, 2017 5:03am Jul 10, 2017 5:03am
Quoting NotAtrader
{quote} IG 1200$ per pip is very usual bet for me. Cheers EDIT: Let's say not ususal, but I often trade 1200$ per pip. The usual size for me is between 360 and 480 per pip
Mate you're aggressive. I hope you have a risk manager sat beside you lmao

Hmm let me check IG as I am currently with CMC Markets.
  • #1,122,288
  • Jul 10, 2017 5:07am Jul 10, 2017 5:07am
Quoting Samson85
{quote} Mate you're aggressive. I hope you have a risk manager sat beside you lmao Hmm let me check IG as I am currently with CMC Markets.
I think there are many good brokers out there. For me IG is one of the best and I feel absolutelly safe and secure with them.

Cheers
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,122,289
  • Jul 10, 2017 5:15am Jul 10, 2017 5:15am
Quoting NotAtrader
{quote} I think there are many good brokers out there. For me IG is one of the best and I feel absolutelly safe and secure with them. Cheers
I second IG. If you use their platform over their MT4 based accounts you can use guaranteed stop losses with no slippage and black swan protection.
  • #1,122,290
  • Jul 10, 2017 5:19am Jul 10, 2017 5:19am
Quoting Derivative92
{quote} I second IG. If you use their platform over their MT4 based accounts you can use guaranteed stop losses with no slippage and black swan protection.

Hmmm I have never been victim of a stop loss going overboard, but same time I don't want to take the risk.

I heard IG messed up loads of people when the swiss franc crashed
  • #1,122,291
  • Jul 10, 2017 5:22am Jul 10, 2017 5:22am
Quoting Samson85
{quote} Hmmm I have never been victim of a stop loss going overboard, but same time I don't want to take the risk. I heard IG messed up loads of people when the swiss franc crashed
What happened then?
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,122,292
  • Jul 10, 2017 5:26am Jul 10, 2017 5:26am
Quoting NotAtrader
{quote} What happened then?
Well obviously they use leverage so some people got messed for hundreds of thousands if not millions because the franc just crashed in one go. Only a guaranteed stop loss may have saved you. There are a few articles online about ig and the swiss franc crash. I'm not sure if IG hunted these people down for the money. Its also the reason why loads of hedge funds crashed.
  • #1,122,293
  • Jul 10, 2017 5:30am Jul 10, 2017 5:30am
Quoting Samson85
{quote} Well obviously they use leverage so some people got messed for hundreds of thousands if not millions because the franc just crashed in one go. Only a guaranteed stop loss may have saved you. There are a few articles online about ig and the swiss franc crash. I'm not sure if IG hunted these people down for the money. Its also the reason why loads of hedge funds crashed.
All of them have their pros and cons. One thing is for sure - trading is a risky business. Obviously not for everyone.

Cheers
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  • #1,122,294
  • Jul 10, 2017 5:32am Jul 10, 2017 5:32am
Quoting Samson85
{quote} Well obviously they use leverage so some people got messed for hundreds of thousands if not millions because the franc just crashed in one go. Only a guaranteed stop loss may have saved you. There are a few articles online about ig and the swiss franc crash. I'm not sure if IG hunted these people down for the money. Its also the reason why loads of hedge funds crashed.
You're exactly right. The guaranteed stop loss option is an 'extra' and you pay 1-2 pips premium only if the trade is stopped out. Think of it as an insurance premium which puts an absolute limit on your loss. I do this with my largest account and have smaller ECN accounts with other brokers such as Hantec and Tickmill.
  • #1,122,295
  • Jul 10, 2017 5:37am Jul 10, 2017 5:37am
The price continues to move to the support line at 1.13561. And if the price gets to support, then it will test it. And I believe that the price reaching support will push away from it and move up to the point of 1,14178. However, if the bull does not have enough strength to go up, then the price will go lower to the point of 1,13299.
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  • #1,122,296
  • Jul 10, 2017 5:40am Jul 10, 2017 5:40am
This guy trades demo... or he lies... he doesn't trade 500-1200 per pip... we have had this discussion before
  • #1,122,297
  • Jul 10, 2017 5:41am Jul 10, 2017 5:41am
Quoting Samson85
{quote} Nice, I will be trading with a 50k account soon. Any advice? Some say use 1% per trade and some say 2% to 3%.
Bro don't do it, some funds can accept you with that balance and it's in pounds so you can strike a great deal for some monthly %.

In essence I am saying trade a smaller account if you are new to forex, build it, make your mistakes and learn £2000 is a good start up amount although £1k would do the trick as well

But totally ignore me if you are an experienced trader.
Read in between the price!!!
  • #1,122,298
  • Jul 10, 2017 5:55am Jul 10, 2017 5:55am
Quoting Don96
This guy trades demo... or he lies... he doesn't trade 500-1200 per pip... we have had this discussion before
Quoting NotAtrader
{quote} Good luck buddy. I am $120 per pip short too @1.1414. No SL. No TP. I just can't stop. This is my full time jobb and every time I sit and watch I feel like I'm losing something. Cheers EDIT: I like the number 120 ($) because this gives me almost exactly NOK 1000. Makes it easy to calculate my profit per pip LOL
Yeah I lie. And every time I lie, my live account grows up by 10000-15000 $

Closed the above @1.1385
29 pips live profit multiplied by $120 per pip. I guess you can math...

Cheers
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,122,299
  • Jul 10, 2017 5:59am Jul 10, 2017 5:59am
Quoting NotAtrader
{quote} {quote} Yeah I lie. And every time I lie, my live account grows up by 10000-15000 $ Closed the above @1.1385 29 pips live profit multiplied by $120 per pip. I guess you can math... Cheers
i have a 300000000 per pip sell on EU from 1.1438... a number i posted BEFORE THE FACT on Thursday or Friday last week... i haven't seen any pics of your positions/account or trades before the fact etc ever... hence why i believe you are lying... as do almost all here... and i wont let people who are new here have the wool pulled over their eyes... ask Hilmy... ill go deep, i just cant put my finger on why you are lying just yet...

300000000 x 46... im sure you can do the math,

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  • #1,122,300
  • Jul 10, 2017 6:03am Jul 10, 2017 6:03am
Quoting Samson85
{quote} Nice, I will be trading with a 50k account soon. Any advice? Some say use 1% per trade and some say 2% to 3%.
Go for 5%-10% per trade. The rest are lies told by delusional people in the finance industry to keep you from getting rich. That way your profit will have a exponential curve up and you will reach millions in less than a few months.

Inserted Code
int onInit(){
string profit="loss";
string up="down";
string millions="rags";
string months="hours";
return(INIT_SUCCEEDED);
}

If you are asking for advice on this matter you better off invest the 50k buying cheap toothpaste from China and reselling it in UK, gonna make you richer.
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