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MoneyFocus' thread of forex and fun

  • #701
  • Feb 5, 2018 2:39pm Feb 5, 2018 2:39pm
Quoting qslee95
{quote} hello I'm interested to embark on the journey together with you. Where can I sign up?
You can start a journal here.
  • #702
  • Feb 5, 2018 3:02pm Feb 5, 2018 3:02pm
GBP shortists the big winner today.

  • #703
  • Edited Feb 6, 2018 12:25am Feb 5, 2018 3:47pm | Edited Feb 6, 2018 12:25am
4k +3% daily

Day 1
Opening balance: 4,000
Target closing balance: 4,120
Actual closing balance: 6,031
+50.7%
Target achieved!

*Each day starts and ends at 6am, +8 GMT.
  • #704
  • Feb 5, 2018 6:07pm Feb 5, 2018 6:07pm
Quoting MoneyFocus
4k +3% daily Day 1 Opening balance: 4,000 Target closing balance: 4,120 Actual closing balance: 6,031 *Each day starts and ends at 6am, +8 GMT.
  • #705
  • Feb 5, 2018 8:13pm Feb 5, 2018 8:13pm
Quoting MoneyFocus
Just a quick question, what do you guys think of the following concept? Think I try to float this before, but pretty sure no one replied. Anyone targeting a daily increase of a certain %? For instance, let's say 3%? Based on a 4K capital outlay...after 200 trading days...we reach a whooping....1.47mil. Would anyone be keen to go on such a journey? Here's a few perks of a daily trading strategy: 1. We keep accountability very close-we do not let losing positions run too long. 2. Forex is very volatile, so often, our existing profits...
Im game
  • #706
  • Feb 5, 2018 8:16pm Feb 5, 2018 8:16pm
i m interested but how? Pls help as i already loss a lot. Tks. All the best to u all
  • #707
  • Feb 6, 2018 12:09am Feb 6, 2018 12:09am
Quoting HockMan
i m interested but how? Pls help as i already loss a lot. Tks. All the best to u all
HockMan, I really can't help you if we don't arrange a day to meet....
  • #708
  • Feb 6, 2018 12:12am Feb 6, 2018 12:12am
Tks MoneyFocus. All the best to you all
  • #709
  • Feb 6, 2018 12:13am Feb 6, 2018 12:13am
hoping this works out
Attached Image (click to enlarge)
Click to Enlarge Name: 3.PNG Size: 43 KB
already made 3%
  • #710
  • Feb 6, 2018 12:24am Feb 6, 2018 12:24am
Quoting 4xjunkie
{quote} Im game
Will be waiting for your journal/dear diary.
  • #711
  • Edited 12:51am Feb 6, 2018 12:33am | Edited 12:51am
4k +3% daily

Day 1
Opening balance: 4,000
Projected closing balance: 4,120
Target closing balance: 4,120
Actual closing balance: 6,031
+50.7%
Target achieved!

Day 2
Opening balance: 6,031
Projected closing balance: 4,244
Target closing balance: 6,212
Actual closing balance: ???

Have my positions ready, not great entry points but I'm sure I will be fine. Hope I can get my $200 target. Anything more is a blessing and I will thank my guardian angel for that.
Attached Image (click to enlarge)
Click to Enlarge Name: c4994c6798ac52bd5b0b3a01633124bd--angel-halloween-costumes-sexy-halloween.jpg Size: 115 KB
  • #712
  • Feb 6, 2018 1:19am Feb 6, 2018 1:19am
Ok my day is over

started at 7k (I know it was already going)
finished at 7716.80
7.16%
left a few to grow.
  • #713
  • Feb 6, 2018 1:40am Feb 6, 2018 1:40am
Quoting 4xjunkie
Ok my day is over started at 7k (I know it was already going) finished at 7716.80 7.16% left a few to grow.
Isn't that 10%? Nicely done! Rough day for me, I hope I can ride it out fast.
  • #714
  • Feb 6, 2018 1:49am Feb 6, 2018 1:49am
Guys, I would appreciate if u guys can show your entry and stop loss trades as I kind of lost confidence after big loss. Currently only have small equity to trade. Tks and if you guys don't mind and all the best to u all.
  • #715
  • Feb 6, 2018 8:01am Feb 6, 2018 8:01am
Quoting MoneyFocus
{quote} Isn't that 10%? Nicely done! Rough day for me, I hope I can ride it out fast.
yes it is i was tired,
  • #716
  • Feb 6, 2018 8:11am Feb 6, 2018 8:11am
Quoting HockMan
Guys, I would appreciate if u guys can show your entry and stop loss trades as I kind of lost confidence after big loss. Currently only have small equity to trade. Tks and if you guys don't mind and all the best to u all.
Lesson one done, cut your losses. its the hardest one. second this place is for interaction. maybe put something up form time to time. so what if they scream and yell how wrong it is, have to learn some how. at some point you have to step out there and have some way of controlling losses. i would suggest start with small trades, one i do for paractice it to make 10, 10 pip trades, with a 10 pip stop loss. a nice 1 to 1 on the risk reward then go to 10 20 pip trades, its a whole differnt world. try it out on demo. ist not about making homeruns every time just green pips, another one i fould that worked well was you cnt enter until price had moved at least 100 pips from where its at at the moment, with a 100 pip stop. (gives you plenty of breathing room) and its a 300 pip target, its a trurle game at first but it dose pay nicly.
  • #717
  • Feb 6, 2018 8:23am Feb 6, 2018 8:23am
Tku 4xjunkie. Now I only trade small lot only as no more big equity. The problem is I have no faith and confidence as I lost big on Jan 24. Again thank you all. Hope I can make little by little by following u guys and learn. all the best to all of u.
  • #718
  • Feb 6, 2018 8:33am Feb 6, 2018 8:33am
hey hock, this is one of my mentors unfortuanally he is no longer wihh us, but he left his work behind, hell of a guy.https://www.forexfactory.com/showthread.php?t=178922
Attached File(s)
File Type: pdf Trading for a living - By Acumen updated 2.pdf   121 KB | 274 downloads
  • #719
  • Feb 6, 2018 3:16pm Feb 6, 2018 3:16pm
1.5k +3% daily

Day 1
Opening balance: 1,500
Projected closing balance: 1,545
Target closing balance: 1,545
Actual closing balance: 1,797
+19.8%
Target Hit!
  • #720
  • Feb 6, 2018 8:53pm Feb 6, 2018 8:53pm
Do you guys here use Telegram? thinking of setting up one. PM me your IDs and i will set up a group chat
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