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It's been 3 years what have I learned?

  • #61
  • Jan 14, 2019 12:00pm Jan 14, 2019 12:00pm
Quoting HeyYou
70000 % {image} wtf ??? teach me please I'll pay you
risk more with higher probability trades in the right market

and don't forget the number might be crazy but it's like doing 1000% gains but in 3 times that's it ....

so if i do another 1000% it's gonna go to 700k % which looks stupid

1000 to 10k = 1000% should be 900% but who cares
10k to 100k = 10000%
100k to 1million = 100k %

just an example
  • #62
  • Jan 14, 2019 12:09pm Jan 14, 2019 12:09pm
Quoting bloodpoodle
LOL He took down is Live Profit chart.. Must busted another account! Used to say his trading record right next to his name..
i'm just trying to keep myself calm if any little thing helps
what i'm trading is money so it's pretty important that i do this

don't worry is real i can blow this account up in a day easily if i don't stay calm ....
no matter how big your account is you can mess up
  • #63
  • Jan 14, 2019 12:20pm Jan 14, 2019 12:20pm
Quoting TwFXtrader
{quote} risk more with higher probability trades in the right market and don't forget the number might be crazy but it's like doing 1000% gains but in 3 times that's it .... so if i do another 1000% it's gonna go to 700k % which looks stupid 1000 to 10k = 1000% should be 900% but who cares 10k to 100k = 10000% 100k to 1million = 100k % just an example
3 times in a row... very unlikely lol

you must be doing something right IMO

I have been trading like this for over two years and as a result I lost my mind. money ? not much about $100. It's dangerous because it can become addictive.. anyways great job!
  • #64
  • Jan 14, 2019 12:35pm Jan 14, 2019 12:35pm
Quoting HeyYou
{quote} 3 times in a row... very unlikely lol you must be doing something right IMO I have been trading like this for over two years and as a result I lost my mind. money ? not much about $100. It's dangerous because it can become addictive.. anyways great job!
if i think is impossible i won't even be trying doing 1000% in three times right ?
i lost many accounts because when i started my goal is always doing 300% + return in 1 week but my mind was in 1000% in one week
if my mind was in 10% i might not even get to 5 % a week
now i'm used to it and know the way.

I came up with my own way that's how
if i don't even think is possible i won't even be here
if i think it's only possible to get a 5 % - 20% return i might stay there forever

i lost for almost 2 years too so not much different but i just never stop doing it ( because i know my mistake and i'm improving

it's about the mindset


do you know the feelings of you know you can get it right , but just one little thing that you're missing that is making everything go wrong .
i hope you can find it
  • #65
  • Jan 14, 2019 12:45pm Jan 14, 2019 12:45pm
Quoting TwFXtrader
{quote} risk more with higher probability trades in the right market and don't forget the number might be crazy but it's like doing 1000% gains but in 3 times that's it .... so if i do another 1000% it's gonna go to 700k % which looks stupid 1000 to 10k = 1000% should be 900% but who cares 10k to 100k = 10000% 100k to 1million = 100k % just an example
I can see your last closed trade; very high risk and the reward was too great
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #66
  • Jan 14, 2019 12:48pm Jan 14, 2019 12:48pm
Quoting TwFXtrader
{quote} if i think is impossible i won't even be trying doing 1000% in three times right ? i lost many accounts because when i started my goal is always doing 300% + return in 1 week but my mind was in 1000% in one week if my mind was in 10% i might not even get to 5 % a week now i'm used to it and know the way. I came up with my own way that's how if i don't even think is possible i won't even be here if i think it's only possible to get a 5 % - 20% return i might stay there forever i lost for almost 2 years too so not much different but i just...
Absolutely.. mindest is everything. In fact when I made a few withdrawals I was a noob.. because back then everything was possible. then I lowerd my target to 500%.. and then 300% but at that point i was a silly mathematician... that made me go insane I guess. So yea I agree that it's good not to set targets and kinda trade like it's the first time.

beginners mind

Inserted Video
  • #67
  • Jan 14, 2019 12:54pm Jan 14, 2019 12:54pm
Bravo, that's looks pretty dope.

In the first pages, i think when you mentioned about do not lissen anyone, you mean , lissen like a teacher someone, but do not take another traders ideas of how they do that? We have to create it by own?
  • #68
  • Jan 14, 2019 1:29pm Jan 14, 2019 1:29pm
Quoting HeyYou
{quote} Absolutely.. mindest is everything. In fact when I made a few withdrawals I was a noob.. because back then everything was possible. then I lowerd my target to 500%.. and then 300% but at that point i was a silly mathematician... that made me go insane I guess. So yea I agree that it's good not to set targets and kinda trade like it's the first time. beginners mind https://www.youtube.com/watch?v=2n7FOBFMvXg
yes and it's really hard to do
it's really hard not to lose it , lose the mind you had before which sometimes are the good mindset .
when i started it was pretty good one day i don't what happen i lost it, i was trying to look back to find the good that i had in me ...

I don't really need money right now.
that's why i took a lot of risk with my trades . this mindset helped me to ( i still remind myself what not to do so i won't made the old mistake again

i remember i traded really poorly when in my mind all i think is money because i need it money back then (makes me force trades and risk over the top trying to get it .
it lowers my ability to trade by so much so much .... which is crazy .
  • #69
  • Jan 14, 2019 1:40pm Jan 14, 2019 1:40pm
Quoting TwFXtrader
{quote} i'm just trying to keep myself calm if any little thing helps what i'm trading is money so it's pretty important that i do this don't worry is real i can blow this account up in a day easily if i don't stay calm .... no matter how big your account is you can mess up
I difficult for me to stay calm at times too.
Risk Management is of utmost importance!
  • #70
  • Jan 14, 2019 1:44pm Jan 14, 2019 1:44pm
Quoting TwFXtrader
{quote} yes and it's really hard to do it's really hard not to lose it , lose the mind you had before which sometimes are the good mindset . when i started it was pretty good one day i don't what happen i lost it, i was trying to look back to find the good that i had in me ... I don't really need money right now. that's why i took a lot of risk with my trades . this mindset helped me to ( i still remind myself what not to do so i won't made the old mistake again i remember i traded really poorly when in my mind all i think is money because i need...
True!, much easier to take risks when you don't need money and when you don't have a family to feed.., it is all in the mind right? ..Now is your time !! I wish I would have known this when I was your age!
“Stops don’t limit profits — they prevent disasters.”
  • #71
  • Jan 14, 2019 2:01pm Jan 14, 2019 2:01pm
Quoting TwFXtrader
{quote} yes and it's really hard to do it's really hard not to lose it , lose the mind you had before which sometimes are the good mindset . when i started it was pretty good one day i don't what happen i lost it, i was trying to look back to find the good that i had in me ... I don't really need money right now. that's why i took a lot of risk with my trades . this mindset helped me to ( i still remind myself what not to do so i won't made the old mistake again i remember i traded really poorly when in my mind all i think is money because i need...

the root of failure is "expectations "..
the moment we say "this is realistic, I want this" we basically chase a dream because tha market is full of surprises.

what about "I do what I can" , I withdraw when I feel so.. cause I don't know and I'll never know the "realistic target"
  • #72
  • Jan 14, 2019 2:07pm Jan 14, 2019 2:07pm
Quoting TwFXtrader
{quote} I live both US and Asia be open minded And if you think is bull shit I don't care too I can trade outside US and have a bank that's not in united states too. And I have that And if you're from US do not use the broker I'm using
show some respect

your profile did not showed you were in the US

there some good things that you said that I had a chance to read

no US resident can use pepperstone

Ive been trading much longer than you have I glanced at a few of your losing trades that were head scratchers why you took them on unless there was some news

the one thing factor that you leave out is the acct equity a good trader can go balls to the wall with a lot of these micro accts I see here and it isnt totally rare for astronomical returns in that situation

keep doing what youre doing
  • #73
  • Jan 15, 2019 6:56am Jan 15, 2019 6:56am
Quoting HeyYou
70000 % {image} wtf ??? teach me please I'll pay you
Where? He seems to have deleted this stuff. Also watching huge returns on small deposits is usual thing just another proof of casino style trading.
  • #74
  • Jan 15, 2019 9:58am Jan 15, 2019 9:58am
Quoting dispersion
{quote} Where? He seems to have deleted this stuff. Also watching huge returns on small deposits is usual thing just another proof of casino style trading.
Casino style or not is irrelevant. it works for him!
If his initial balance was $100 he would be up 70000 dollars, if it was $1000....well :O
money talks. you lost 5.4% on single trade, that's casino style too.

Also that DD compared to the return is ridicolous, sorry man ...

Max Return Drawdown:

  1. -35.3%


Return:

  1. 1.6%

I have t0 ignore you.

  • #75
  • Jan 15, 2019 11:04am Jan 15, 2019 11:04am
pepperstone has no limit on the opener so it could be pennies

doesnt matter

he was doing something right at only two years of trading

and on his way to maturing as a trader if he implements longevity into his trading things are different with bigger accounts its the inevitable

hopefully he does

dont want to this to be a detracting thread this why I avoid these forums

good luck twfx keep learning
  • #76
  • Jan 15, 2019 11:07am Jan 15, 2019 11:07am
Quoting dispersion
{quote} Where? He seems to have deleted this stuff. Also watching huge returns on small deposits is usual thing just another proof of casino style trading.

https://www.forexfactory.com/showthr...2#post11876172
Live today like theres no tomorrow-- Prioritize like you will die today
  • #77
  • Jan 15, 2019 11:53am Jan 15, 2019 11:53am
Quoting Fml
pepperstone has no limit on the opener so it could be pennies doesnt matter he was doing something right at only two years of trading and on his way to maturing as a trader if he implements longevity into his trading things are different with bigger accounts its the inevitable hopefully he does dont want to this to be a detracting thread this why I avoid these forums good luck twfx keep learning
$200 is not really pennies where I live

"The minimum required deposits for a Pepperstone Trading Accounts is $200USD or Equivalent"

https://pepperstone.com/en/client-resources/faq
  • #78
  • Jan 15, 2019 11:59am Jan 15, 2019 11:59am
this guy clearly stated that he has a job and that he can blow the account overnight... he's not the typical FX dreamer.
  • #79
  • Jan 17, 2019 4:51am Jan 17, 2019 4:51am
Quoting HeyYou
this guy clearly stated that he has a job and that he can blow the account overnight... he's not the typical FX dreamer.
Best position to be in.

The casinos hate the gambler that has nothing to loose and doesn't care. They are the biggest risk to them.
?
  • #80
  • Jan 20, 2019 4:29am Jan 20, 2019 4:29am
Quoting Dumaresq
{quote} Best position to be in. The casinos hate the gambler that has nothing to loose and doesn't care. They are the biggest risk to them.
Actually they are indifferent to any gambler. They just make money in the long-run while gamblers hunt for quick profit and lose, always lose.
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