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Real traders, real money

  • #61
  • May 10, 2018 3:28pm May 10, 2018 3:28pm
Quoting Butterscotch
Real traders know that how to manage the risk in the difficult situation where the market is not in their favor.
Every second is difficult in here and there is no fixed time when market moves at random , so it is more appropriate to manage risk for all time for avoiding unfortunate losses.
  • #62
  • May 11, 2018 6:35am May 11, 2018 6:35am
Quoting AdamCrist
{quote} Every second is difficult in here and there is no fixed time when market moves at random , so it is more appropriate to manage risk for all time for avoiding unfortunate losses.
Absolutely, there is no certainly, it’s all about probability! This is why, traders need to use SL and follow the money management rules so sincerely.
  • #63
  • May 11, 2018 2:38pm May 11, 2018 2:38pm
Quoting ZikriIrfan
{quote} Absolutely, there is no certainly, it’s all about probability! This is why, traders need to use SL and follow the money management rules so sincerely.
Before managing money first of all you have to make sure what actually money management in Forex trading.
  • #64
  • May 11, 2018 5:24pm May 11, 2018 5:24pm
Money management almost same issue at every section in business or others. its a technique to reduce risk percentage , nothing without it at all. but to be skilled about this approach is not an easy task, in Forex trading only the traders who are particularly professional can manage money when trading even when market moves at random. its a ability to predict the market at any times by means of only candlestick.
  • #65
  • May 17, 2018 2:06pm May 17, 2018 2:06pm
Quoting AdamCrist
{quote} Before managing money first of all you have to make sure what actually money management in Forex trading.
Of course, MM is one of the most important issue here; it helps the traders to avoid unexpected result.
  • #66
  • May 17, 2018 2:24pm May 17, 2018 2:24pm
Quoting ZikriIrfan
{quote} Of course, MM is one of the most important issue here; it helps the traders to avoid unexpected result.
you missed the point , he wanted to know what actually MM in Forex trading , not importance about the MM.
  • #67
  • May 24, 2018 7:16am May 24, 2018 7:16am
Quoting AdamCrist
{quote} you missed the point , he wanted to know what actually MM in Forex trading , not importance about the MM.
Oh, that’s my mistake! Thank you very much for your reply! Really appreciated.
  • #68
  • May 24, 2018 8:02am May 24, 2018 8:02am
I started with a live account of $120 about three weeks ago and presently have account balance of $308. it would have been up to say $900+, but I have little trading time, because I hold a regular job as a caregiver. Forex is not a fixed systematic thing. it involves years of trading experience, strong will over your emotions( I am still fighting this), fundamental analysis coupled with technical bias, major political direction/sentiment of currency home country, a self created or refined about 80% combined indicators. add all this; and you'll likely be profitable in the long run.
  • #69
  • May 24, 2018 9:24am May 24, 2018 9:24am
Quoting brianduffer
Real traders, real money. Where are the real traders who trade with real money? If you are for real, trading with real money, please post your chart and describe what you're doing. Please do not post demo account trades. Just one post per trader is all that is necessary. But if you wish to share more that's fine. Let's just find out who puts their money on the line.
fuck off lol
  • #70
  • May 24, 2018 11:01am May 24, 2018 11:01am
Quoting chuckzoid
I started with a live account of $120 about three weeks ago and presently have account balance of $308. it would have been up to say $900+, but I have little trading time, because I hold a regular job as a caregiver. Forex is not a fixed systematic thing. it involves years of trading experience, strong will over your emotions( I am still fighting this), fundamental analysis coupled with technical bias, major political direction/sentiment of currency home country, a self created or refined about 80% combined indicators. add all this; and you'll likely...
all that work+study+knowledge+self refined indis+funda analysis+technical bias.....to start a 120$ account....really??????
yay!

would have, could have, should have...if you expect 900$+, or about 600% within 3 weeks if with more trading time at hand, why to bother to be a caregiver, and not just devote yourself to trading?
just pool together 5 days salary, say 600$ ( profile says you trade from US), and you should hit 5000$ monthly income from it at that speed?!

i am looking forward to see your long run profitability!
a future subscriber when you pull this out, and in a transparent fashion!
in the meantime, i dare to think you are full of s%*t.
there is always, always another trade!!
  • #71
  • May 24, 2018 12:35pm May 24, 2018 12:35pm
I do post trading ideas daily, however it is not on FF. You may pm me if you want.
  • #72
  • May 25, 2018 12:00am May 25, 2018 12:00am
Quoting profitfarmer
{quote} all that work+study+knowledge+self refined indis+funda analysis+technical bias.....to start a 120$ account....really?????? yay! would have, could have, should have...if you expect 900$+, or about 600% within 3 weeks if with more trading time at hand, why to bother to be a caregiver, and not just devote yourself to trading? just pool together 5 days salary, say 600$ ( profile says you trade from US), and you should hit 5000$ monthly income from it at that speed?! i am looking forward to see your long run profitability! a future subscriber...
I am not interested in any subscription from anybody. I hold a regular job because nothing is absolute, especially currency trading. anything can happen with online trading. I wont put all my eggs in forex. its an additional income for me. I created explorer of my live account to encourage skeptics that there are real people making profit in forex. this is not my first live account; just a recent one. however lets see how I progress this time around.
  • #73
  • May 25, 2018 5:30am May 25, 2018 5:30am
Quoting chuckzoid
I started with a live account of $120 about three weeks ago and presently have account balance of $308. it would have been up to say $900+, but I have little trading time, because I hold a regular job as a caregiver. Forex is not a fixed systematic thing. it involves years of trading experience, strong will over your emotions( I am still fighting this), fundamental analysis coupled with technical bias, major political direction/sentiment of currency home country, a self created or refined about 80% combined indicators. add all this; and you'll likely...
If you have most powerful analyzing trading strategies and know how to manage money exactly there is a chance to get maximal result. Investment is not a big deal if you have good strategy.
  • #74
  • May 25, 2018 5:55am May 25, 2018 5:55am
Quoting AdamCrist
{quote} If you have most powerful analyzing trading strategies and know how to manage money exactly there is a chance to get maximal result. Investment is not a big deal if you have good strategy.
you are right. I have some plans to invest larger amount. Broker is my concern here in USA. i used Dukascopy back in my native country, but they don't accept US residents( I became one recently). I want to trade this account with Fxchoice to a large balance($10000) and test their withdrawal. A Broker that will accept US residents and allow large withdrawals is my concern. the only option I have here are Oanda, Forex.com and interactive broker. i don't find it comfy investing $10k to $20k with this Broker. I am testing Fxchoice which is an offshore broker. any idea please?
  • #75
  • May 25, 2018 6:41am May 25, 2018 6:41am
Quoting AdamCrist
{quote} If you have most powerful analyzing trading strategies and know how to manage money exactly there is a chance to get maximal result. Investment is not a big deal if you have good strategy.
good strategy is important , yes i admit , but there is no way to ignore the important of minimum investment, because market moves at random most of the time and for that reason good investment can be supportive for surviving in here.
  • #76
  • May 25, 2018 6:42am May 25, 2018 6:42am
Quoting chuckzoid
{quote} you are right. I have some plans to invest larger amount. Broker is my concern here in USA. i used Dukascopy back in my native country, but they don't accept US residents( I became one recently). I want to trade this account with Fxchoice to a large balance($10000) and test their withdrawal. A Broker that will accept US residents and allow large withdrawals is my concern. the only option I have here are Oanda, Forex.com and interactive broker. i don't find it comfy investing $10k to $20k with this Broker. I am testing Fxchoice which is an...
few ideas:
- use your relative or friend from your native country to be front for your account.
- use Oanda, not ideal in many way but pay and can handle way larger deposits and withdrawals than 10k
- split your money between few offshore brokers that take you as US resident, thus each has a relative small amount, and cant fail all ( if ever) comes to withdrawals
- become an accredited investor that open up more/better broker options ( In the United States, to be considered an accredited investor, one must have a net worth of at least $1,000,000, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year. )
there is always, always another trade!!
  • #77
  • May 25, 2018 7:14am May 25, 2018 7:14am
Quoting profitfarmer
{quote} few ideas: - use your relative or friend from your native country to be front for your account. - use Oanda, not ideal in many way but pay and can handle way larger deposits and withdrawals than 10k - split your money between few offshore brokers that take you as US resident, thus each has a relative small amount, and cant fail all ( if ever) comes to withdrawals - become an accredited investor that open up more/better broker options ( In the United States, to be considered an accredited investor, one must have a net worth of at least $1,000,000,...
Thanks. This is very helpful
  • #78
  • May 27, 2018 6:57am May 27, 2018 6:57am
Quoting profitfarmer
{quote} few ideas: - use your relative or friend from your native country to be front for your account. - use Oanda, not ideal in many way but pay and can handle way larger deposits and withdrawals than 10k - split your money between few offshore brokers that take you as US resident, thus each has a relative small amount, and cant fail all ( if ever) comes to withdrawals - become an accredited investor that open up more/better broker options ( In the United States, to be considered an accredited investor, one must have a net worth of at least $1,000,000,...
Thanks for your nice post with great detail.
  • #79
  • Jun 9, 2018 7:08am Jun 9, 2018 7:08am
According to me, the real trader is a trader who can predict the real faction of this market with certainly, only this capability can make anyone profitable, otherwise no chance to make money from here at all.
  • #80
  • Oct 30, 2020 2:55pm Oct 30, 2020 2:55pm
Every trader wants to earn money from this market. But it is not so easy. You have to be very educated and experienced to make money from this risky market.
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