Verbal diarrhea matches trading skills? | Page 25 | Forex Factory

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Verbal diarrhea matches trading skills?

  • #481
  • Jan 29, 2018 8:16am Jan 29, 2018 8:16am
Quoting Zillionaire
{quote} Wao! A million thanks sir. Please I heard the spread is more than dollar, it that true? If it is true, how are you surviving with it ( the higher spread)? THANKS
Spread is colossal, king-size, yes. But then you learn to catch more pips to pay for it. Once trading in cent, due to the mountainous spread there, when you see any spreads in the normal accounts, you know that you can handle those and don't care, really. You know you can still make money, cause the cent have learnt you how to catch more pips to pay to stay in the game...
Maadik Hugiis. IQ 69.
  • #482
  • Jan 29, 2018 8:19am Jan 29, 2018 8:19am
Quoting MoneyZilla
{quote} Sure, here are few: 1. Easier to trade, better than a demo (dukas trader quote). It is hard to find $500,000 USD to trade, while finding $5,000 USD ($500,000 USCents) to trade is not so hard. 2. Large room for mistakes and fixes. You just have plenty of room for mistakes. Scaled like 100 times... Imagine that! 3. Loss is small (so is the gain). When you screw it all up, you lose $5,000 USD, not $500,000 USD, BUT you get away with the experience of losing $500,000 USD, actually, without losing half a million, but only $5k! That I call very...
Wao! A million thanks sir.
Please I heard the spread is more than dollar, it that true?
If it is true, how are you surviving with it ( the higher spread)?
THANKS
Trade to trade well
  • #483
  • Jan 29, 2018 8:25am Jan 29, 2018 8:25am
Quoting MoneyZilla
{quote} Spread is colossal, king-size, yes. But then you learn to catch more pips to pay for it. Once trading in cent, due to the mountainous spread there, when you see any spreads in the normal accounts, you know that you can handle those and don't care, really. You know you can still make money, cause the cent have learnt you how to catch more pips to pay to stay in the game...
OK many thanks sir!
Trade to trade well
  • #484
  • Jan 29, 2018 3:05pm Jan 29, 2018 3:05pm
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Maadik Hugiis. IQ 69.
  • #485
  • Jan 30, 2018 6:50am Jan 30, 2018 6:50am
just thought to share this with MoneyZilla permission !
Attached Image
da n0o0b + $hit_Disturber
  • #486
  • Jan 30, 2018 7:28am Jan 30, 2018 7:28am
Posted my end of month stats.
If you are good at something, never do it for free--Joker
  • #487
  • Jan 30, 2018 11:50am Jan 30, 2018 11:50am
Quoting pipsy7
just thought to share this with MoneyZilla permission ! {image}
Sure, go ahead.

Quoting jmn5611
Posted my end of month stats.
Where, mate?
Maadik Hugiis. IQ 69.
  • #488
  • Jan 30, 2018 12:43pm Jan 30, 2018 12:43pm
Quoting MoneyZilla
{quote} Sure, go ahead. {quote} Where, mate?
MoneyZilla, I remembered you have a lot of experience with hedging. Could you help us with a good hedge strategy for the following thread?
https://www.forexfactory.com/showthread.php?t=730089
  • #489
  • Jan 30, 2018 4:55pm Jan 30, 2018 4:55pm
Quoting MoneyFocus
.... For your time... {image}
for 2-minute-man-traders? you are kidding, right?
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #490
  • Jan 30, 2018 6:03pm Jan 30, 2018 6:03pm
Quoting Trader-Waldo
{quote} for 2-minute-man-traders? you are kidding, right?
Scalpers lol
  • #491
  • Jan 30, 2018 7:10pm Jan 30, 2018 7:10pm
First month is basically over, so here's my screenshots. A very average 4.1% this month.
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  • #492
  • Jan 30, 2018 7:26pm Jan 30, 2018 7:26pm
Quoting kenshin
First month is basically over, so here's my screenshots. A very average 4.1% this month.{image}{image}
This is an average DreamLiner, yes...
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Fantastic performance! Bravo!
Maadik Hugiis. IQ 69.
  • #493
  • Jan 30, 2018 9:01pm Jan 30, 2018 9:01pm
Quoting bmcgowra
{quote} MoneyZilla, I remembered you have a lot of experience with hedging. Could you help us with a good hedge strategy for the following thread? https://www.forexfactory.com/showthread.php?t=730089
I have no idea how to make money when placing trades against the movement. I can eventually get you out of a situation. Might take a month...

But honestly I am clueless why traders do open their positions prior to the movement they want to participate in?

Why not open the trades when the movement they would like to ride just starts?

The default range all pairs stay, 135 pips on average wide, 70% to 80% of the time, is a trap, the grid and all other traders jump in. You cant make money in that range, if you are not able to follow the rate at the final moment of it's breakout...

The hedge you are looking after is a flip actually. But again, you need to guess right where to execute it.

Here is a simple example, from a demo, how to get away with the breakout of the default range. Orange is sell, blue is buy. I average P&L for each basket. One basket is 0.01 lot and never grows bigger. No martingale, no multipliers. Just average everything. The result is pretty impressive to me. But this cant be applied on the EA you are reffering to, cause you would not need the grid EA in a first place... Sorry.
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Maadik Hugiis. IQ 69.
  • #494
  • Jan 31, 2018 3:16am Jan 31, 2018 3:16am
Ok... I'm in. Just fund the account today...
That which does not kill us makes us stronger
  • #495
  • Jan 31, 2018 3:17am Jan 31, 2018 3:17am
Quoting MoneyZilla
{quote} Sure, go ahead. {quote} Where, mate?
In my journal.
If you are good at something, never do it for free--Joker
  • #496
  • Jan 31, 2018 4:03am Jan 31, 2018 4:03am
end of the first month...
  • #497
  • Jan 31, 2018 8:22am Jan 31, 2018 8:22am
so far still alive. surprise!

Jan looks like +4.4%
there is always, always another trade!!
  • #498
  • Jan 31, 2018 8:34am Jan 31, 2018 8:34am
Quoting MoneyZilla
{quote} I have no idea how to make money when placing trades against the movement. I can eventually get you out of a situation. Might take a month... But honestly I am clueless why traders do open their positions prior to the movement they want to participate in? Why not open the trades when the movement they would like to ride just starts? The default range all pairs stay, 135 pips on average wide, 70% to 80% of the time, is a trap, the grid and all other traders jump in. You cant make money in that range, if you are not able to follow the rate...
Ok, thanks. Sounds like we need kind of a flip. But thanks for your insight. Hedge master MoneyZilla
  • #499
  • Jan 31, 2018 9:01am Jan 31, 2018 9:01am
Quoting bmcgowra
{quote} Ok, thanks. Sounds like we need kind of a flip. But thanks for your insight. Hedge master MoneyZilla
Ha ha, you are flattering me! I am just a humble fool with a low IQ, nobody likes anyway...

Flip is the NEW HEDGE...
Maadik Hugiis. IQ 69.
  • #500
  • Jan 31, 2018 1:03pm Jan 31, 2018 1:03pm
My holiday is over, will try to make some trades in the comming weeks. lol

@MZ

A monthly list with all traders and their performance would be nice.
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