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How much money do you need to safely trade forex

  • #121
  • Aug 28, 2017 1:49pm Aug 28, 2017 1:49pm
ANOTHER STRATEGY

RECOVERY ZONE

I SAW THE FILM ON YOU TUBE 100 TIMES BY THAT MENTOR - I LIKE HIM TOO MUCH----

THIS STRATEGY NEEDS 5000 TO 10000 TO BEGIN WITH BUT NOT IN THE WAY HE DESCRIBED IT

HE WAS TEACHING THEORY FOR SELLING HIS EA I THINK AS HE REACHED TO 53 LOTS AND AS WE KNOW OUR BROKERS MOST OF THEM WILL STOP ON 5 LOTS

I HAVE DEVELOPED NEWLY AN EA TO WORK OUT THIS STRATEGY

I USE EXCEL SHEET

THEN I TRANSFER THE DETAILS TO THE EA

I WILL PUBLISH THE EXCEL SHEET HERE

I WILL PUBLISH THE EA RESULTS OF TESTING

THE AMAZING THING THAT ALL WE ARE GREEDY AND WE NEED MONEY BUT WE FORGET THE MARGIN

SO TO OVERCOME THIS DEFECT
I BEGIN THE EA TO TRADE 0.01 LOT

YES SIR

0.01 LOT

THIS STRATEGY IF YOU HAVE GOOD BALANCE AND YOU ARE LUCKY TO HAVE GOOD INTERNET LINE AND AT THE SAME TIME YOU CAN HANDLE THE CHANNEL PROPAPLY .........NO LOSS AT ALL

NO STOP LOSS

NO LOSS AT ALL

YES SIR

BUY IT NEEDS STONE HEART TO DEAL WITH IT WHEN THE MARKET IS IN CONSALEDATION LIKE THE AUD/NZD NOW

BUT AS THE TRADES MOVE ON THE LOT SIZE WILL EXCEEDS 3 LOTS IN IF THE CHANNEL WAS NOT BROKEN FOR 13 TO 15 TIMES....

I SAW SO MANY WRONG FILMS ABOUT THIS STRATEGY BY ARMATURES WHO WERE SWEARING SOME OF THEM BY HOLY GOD THAT ONLY 134 USD IS ENOUGH... WTF MAN.......... ARE YOU DUMP OR JUST TO SHOW OFF.

I BUILT 14 BLOCKS OF THIS EA THEN I I STOPPED

IT IS TOO MUCH HARD FOR ME TO BUILD MORE BLOCKS AS I AM USING MANUAL WRITING OF THE CODE WITHOUT ANY HELP OF SOFTWARES AND I WILL BE IN HOSPITAL FOR HEART SURGERY THIS WEEKEND


THE EA STILL UNDERDELOPING

IT HAS SO MANY BUGS HERE AND THERE

I HAVE ASKED HELP OF SOME FRIENDS AND LET'S SEE
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GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #122
  • Aug 28, 2017 1:52pm Aug 28, 2017 1:52pm
Quoting hudithepfupf
0 - zero - nada - null the only way to safely trade forex as a retail customer is to do it with a demo account. You can win by luck in a negative sum game with all odds against you, but there is no safe way to do it and you will one day run out of luck. For 90% of all retailers this is just a question of a few months. The higher the leverage that faster you destroy your account. There is a reason why brokers offer such high leverages. An astonishing amount of retail "traders" is in constant denial of facts and keep losing, because the snake oil...

good words and good description

thank you
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #123
  • Aug 28, 2017 2:02pm Aug 28, 2017 2:02pm
ANOTHER EXAMPLE OF RECOVERY ZONE THE SPACE IS 500 POINTS NOW

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GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #124
  • Aug 28, 2017 2:05pm Aug 28, 2017 2:05pm
I FORGOT TO ADD FOR THE DEFECTS OF THE RECOVERY ZONE IS THAT THE GAPS BEWTEEN SUNDAY AND MONDAY ON OPENING OF THE MARKET

THE STRATEGY NEEDS 5000 USD MINIMUM TO PROTECT YOUR ACCOUNT FROM MARGIN CALL IF THESE GAPS ARE ON THE SURFACE

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GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #125
  • Aug 29, 2017 1:14am Aug 29, 2017 1:14am
Quoting HudithePfupf
0 - Zero - Nada - Null The only way to safely trade forex as a retail customer is to do it with a demo account. You can win by luck in a negative sum game with all odds against you, but there is no safe way to do it and you will one day run out of luck. For 90% of all retailers this is just a question of a few months. The higher the leverage that faster you destroy your account. There is a reason why brokers offer such high leverages. An astonishing amount of retail "traders" is in constant denial of facts and keep losing, because the snake oil...

While I agree that the vast majority of Retail Traders lose, I disagree absolutely that that means it is not possible to make consistent profits from retail trading. I have two profitable systems, I live entirely from the profits of trading my own money.
I live entirely from the growth of my personal trading account
  • #126
  • Aug 29, 2017 10:12pm Aug 29, 2017 10:12pm
Rather money, you need skills to ensure your safety in the Forex. You need to understand that if you wanna become successful in Forex, you need to have certain skills like risk management and money management and lots more, that will help you to ensure certain safety not the money.
  • #127
  • Aug 30, 2017 5:31am Aug 30, 2017 5:31am
AN OLD WISE MAN SAID ""don't get caught on the wrong side of a trade"
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #128
  • Aug 30, 2017 5:39am Aug 30, 2017 5:39am
Trading FX is the best job imaginable - assuming that you know what you are doing.
The thing is that 99% of traders don't. That leaves the 1%ers to clean up.

If you are to start a live account trading, what I would recommend you do is to start with the bare minimum (say $500)
If your trading method is solid, you will quickly be able to trade that right up to 4 and 5 figures, and on to the big $.

If you have no idea what you are doing, or a less than perfect idea of what you are doing - then you will have only lost $500
  • #129
  • Aug 30, 2017 2:33pm Aug 30, 2017 2:33pm
aussi : are you brijon ??????
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #130
  • Aug 30, 2017 2:35pm Aug 30, 2017 2:35pm
Quoting GuyBaker
{quote} While I agree that the vast majority of Retail Traders lose, I disagree absolutely that that means it is not possible to make consistent profits from retail trading. I have two profitable systems, I live entirely from the profits of trading my own money.
see brijon threads
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #131
  • Aug 30, 2017 2:35pm Aug 30, 2017 2:35pm
Quoting GodfatherSam
Rather money, you need skills to ensure your safety in the Forex. You need to understand that if you wanna become successful in Forex, you need to have certain skills like risk management and money management and lots more, that will help you to ensure certain safety not the money.
see brijon threads
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #132
  • Aug 30, 2017 2:36pm Aug 30, 2017 2:36pm
Quoting EvilEye
Trading FX is the best job imaginable - assuming that you know what you are doing. The thing is that 99% of traders don't. That leaves the 1%ers to clean up. If you are to start a live account trading, what I would recommend you do is to start with the bare minimum (say $500) If your trading method is solid, you will quickly be able to trade that right up to 4 and 5 figures, and on to the big $. If you have no idea what you are doing, or a less than perfect idea of what you are doing - then you will have only lost $500
see brijon threads
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #133
  • Aug 30, 2017 2:52pm Aug 30, 2017 2:52pm
Quoting Aussi
{image}
In order to make a commonly reasonable return, I'd say you need 100K to trade safely. A 50K account would also do it but obviously half as safe. I'd personally be happy with 10 or 20K but of course, many of us don't have more than $500 laying around so we have to work with what we've got.
  • #134
  • Sep 3, 2017 10:08pm Sep 3, 2017 10:08pm
""""" its important to read and listen after you do you keep the bits you like and toss the rest into the bin """"
people leave, but this thread will go on for ever
  • #135
  • Sep 4, 2017 6:00am Sep 4, 2017 6:00am
Safe in a risky business... I try to do everything to keep it as safe as possible during work;

- using 1:1 as leverage meaning, in my case, lotsizes of 0.20 per trade
- keeping my R:R ratio at 1:1 for a minimum, so i am aware about my targets before i enter the markets
- the risk per trade would be 0.50% max based on my balance. If i see a trade opportunity with higher risk than 0.50%, i skip that trade
- not risking more than 2% a day based on my balance

For me this works just fine. Not getting to be a millionaire in a year, but not getting burned in a year as well!
I needed 1 whole year to grow my position size from 0.10 to 0.20, so i think i have built at least something; patience and dedication!

Plan your trades, trade your plan...
Cheers everyone
  • #136
  • Sep 4, 2017 12:04pm Sep 4, 2017 12:04pm
Quoting Angela1985
Safe in a risky business... I try to do everything to keep it as safe as possible during work; - using 1:1 as leverage meaning, in my case, lotsizes of 0.20 per trade - keeping my R:R ratio at 1:1 for a minimum, so i am aware about my targets before i enter the markets - the risk per trade would be 0.50% max based on my balance. If i see a trade opportunity with higher risk than 0.50%, i skip that trade - not risking more than 2% a day based on my balance For me this works just fine. Not getting to be a millionaire in a year, but not getting burned...
thank you for your comment
people leave, but this thread will go on for ever
  • #137
  • Sep 4, 2017 12:40pm Sep 4, 2017 12:40pm
This is the question that I have asked myself so many times. When I started, I had $100 and I thought that if I had $1000, I will be very much safe. However, when I got to $1000, I felt that maybe $5000 will be great for consistent earning and also safety. Now, I am near that and I am feeling that if I have $10000 then it will best and most secure, but I guess we will never stop at one figure!
  • #138
  • Sep 4, 2017 12:52pm Sep 4, 2017 12:52pm
There's nothing too much for the Forex Trading to attain safety. Thus you needed to have lots and lots of knowledge and experience and skills, to become successful in the Forex Trading.
  • #139
  • Sep 4, 2017 5:53pm Sep 4, 2017 5:53pm
this forum is full of bitter and negative traders with no ambition
what's the point of trading if you aren't looking for maximum gains?

fuck that 2% or 5% risk

go balls deep or get a day job
  • #140
  • Sep 4, 2017 5:57pm Sep 4, 2017 5:57pm
Quoting BonyAmin
This is the question that I have asked myself so many times. When I started, I had $100 and I thought that if I had $1000, I will be very much safe. However, when I got to $1000, I felt that maybe $5000 will be great for consistent earning and also safety. Now, I am near that and I am feeling that if I have $10000 then it will best and most secure, but I guess we will never stop at one figure!
good post thank you for your comment
people leave, but this thread will go on for ever
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