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Trading Forex is Hard

  • #141
  • Feb 23, 2019 8:10pm Feb 23, 2019 8:10pm
Quoting sharingan9
{quote} I am sure you are an excellent trader and I would never presume that you are a rookie trader. I would appreciate it if you would extend me that very same courtesy and do not presume that I am a rookie trader and not attempt to educate me on basic "babypips" trading fundamentals such as discipline, greed, and keeping losses short all of which I am fully aware, all of which I fully understand, all of which I implement. So please do not presume anything without context. My last year's results: {image} I keep my losses very short...........when...

That's quite impressive one... if it's a real account
  • #142
  • Mar 2, 2019 10:06am Mar 2, 2019 10:06am
Such a surprise. This is not the rocket science of course, but if it would be so easy everyone already becomes a millionaire and we would have only traders around. Indeed this is hard job, which requires certain skills and investments, and what you wrote can happen with someone who is already a master.
  • #143
  • Mar 13, 2019 3:03pm Mar 13, 2019 3:03pm
trading forex is really difficult these days,technicals dont work,MM are very smart,im afraid to trade these days
  • #144
  • Mar 13, 2019 11:07pm Mar 13, 2019 11:07pm
Quoting T4Trade
trading forex is really difficult these days,technicals dont work,MM are very smart,im afraid to trade these days
Depends on the method you choose to...! Bythe way... are you trading the way the thread starter has shown? Just being curious... and also can you share your results? (not asking proof.. sorry, just to share your experience like profitability, availability of trade opportunities per day etc. )
  • #145
  • Mar 13, 2019 11:37pm Mar 13, 2019 11:37pm
If it is so easy, I will soon wake up from sleep and are ready to work.
  • #146
  • Mar 14, 2019 8:59am Mar 14, 2019 8:59am
Quoting antonblood63
If it is so easy, I will soon wake up from sleep and are ready to work.
hehehe true,yesterday i attached the martingale EA to the chart with 0.01lots with 1.1 multiplication,at least the mental stress is off my head.
  • #147
  • Edited 3:27am Mar 15, 2019 3:09am | Edited 3:27am
Quoting T4Trade
{quote} hehehe true,yesterday i attached the martingale EA to the chart with 0.01lots with 1.1 multiplication,at least the mental stress is off my head.
We have a german saying for that:

Wenn man dir tief in die Augen schaut, sieht man hinten die Haare wachsen ;-)

-Not sure if I get it correctly in English-

If someone looks deep in your eyes, he can see your hair growing.

Regards,
Guido
Risiko birgt immer auch die Chance.
  • #148
  • Mar 15, 2019 10:13am Mar 15, 2019 10:13am
Quoting Sesamstrasse
{quote} We have a german saying for that: Wenn man dir tief in die Augen schaut, sieht man hinten die Haare wachsen ;-) -Not sure if I get it correctly in English- If someone looks deep in your eyes, he can see your hair growing. Regards, Guido
interesting! the look is enough.
  • #149
  • Mar 15, 2019 6:22pm Mar 15, 2019 6:22pm
Yes, trading on Forex is very hard. Is better using automated systems. For $100-200, you can order write EA and do not waste time for manual trading. Earlier traded for 10-12 hours per day, and now I have time more time.
  • #150
  • Mar 16, 2019 12:58am Mar 16, 2019 12:58am
Interesting !!!he is using Wash and Rinse on 1 Mins chart !!!
"Know what you own, and know why you own it" — Peter Lynch
  • #151
  • Mar 16, 2019 10:47am Mar 16, 2019 10:47am
Just be careful what you get excited about, he might be a spectacular trader...I don't know, but it isn't that hard to do...what is not shown is the amount of DD on open trades.

This graph shows over 90 trades without a loss, but I will tell you that the DD on open trades is sometimes large because I do not use a SL only small TP and you have to trade small lots and have a larger account.

Chris

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  • #152
  • Edited 11:50am Mar 16, 2019 10:55am | Edited 11:50am
Quoting cfudge
Just be careful what you get excited about, he might be a spectacular trader...I don't know, but it isn't that hard to do...what is not shown is the amount of DD on open trades. This graph shows over 90 trades without a loss, but I will tell you that the DD on open trades is sometimes large because I do not use a SL only small TP and you have to trade small lots and have a larger account. Chris {image}

You guys are doing something wrong.
You can t programm an EA for this system..

There is NO Drawdown, all trades find a TP around 5 to 10 pips-- and a SL around 2-4 pips.

Quick in and out is the thing.

Happy weekend.

Guido
Risiko birgt immer auch die Chance.
  • #153
  • Mar 16, 2019 1:35pm Mar 16, 2019 1:35pm
Quoting Sesamstrasse
{quote} You guys are doing something wrong. You can t programm an EA for this system.. There is NO Drawdown, all trades find a TP around 5 to 10 pips-- and a SL around 2-4 pips. Quick in and out is the thing. Happy weekend. Guido
Way to go Sesamstrasse, I meant no disrespect to you. I was just pointing out that 0 losses is not always the whole story.

I aim for 3-5 pips TP on the 5 min chart during the asian session then let the trades close out during the day. I could use a 30-50 Sl and still make this profitable but not required so far.

Chris
  • #154
  • Mar 16, 2019 2:02pm Mar 16, 2019 2:02pm
Quoting cfudge
{quote} Way to go Sesamstrasse, I meant no disrespect to you. I was just pointing out that 0 losses is not always the whole story. I aim for 3-5 pips TP on the 5 min chart during the asian session then let the trades close out during the day. I could use a 30-50 Sl and still make this profitable but not required so far. Chris

Nobody said no losses, how do you think that?
-I don t get you-
Losses are part of the game.

If you take a proper watch about Veniīs posted results, you can clearly see a quick in and out..
Widest stop is a -5.9 ( included spread!!) and thatīs a point of orientation..


https://www.forexfactory.com/showthr...7#post11360417

https://www.forexfactory.com/showthr...2#post11741062

Not any backtested demo stuff!
Only the equity is real money, not the balance.

Keep it simple and enjoy your weekend folks.
Risiko birgt immer auch die Chance.
  • #155
  • Mar 16, 2019 2:30pm Mar 16, 2019 2:30pm
Quoting Sesamstrasse
{quote} Nobody said no losses, how do you think that? -I don t get you- Losses are part of the game. If you take a proper watch about Veniīs posted results, you can clearly see a quick in and out.. Widest stop is a -5.9 ( included spread!!) and thatīs a point of orientation.. https://www.forexfactory.com/showthr...7#post11360417 https://www.forexfactory.com/showthr...2#post11741062 Not any backtested demo stuff! Only the equity is real money, not the balance. Keep it simple and enjoy your weekend...
I was referring to this...

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  • #156
  • Mar 16, 2019 3:48pm Mar 16, 2019 3:48pm
Quoting cfudge
{quote} I was referring to this... {image}
"no losses correct"
If there are no floating losses??
All trades closed?
Risiko birgt immer auch die Chance.
  • #157
  • Apr 1, 2019 11:55am Apr 1, 2019 11:55am
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  • #158
  • Apr 1, 2019 4:06pm Apr 1, 2019 4:06pm
Quoting venividivici
{image}
Haha lol. Was expecting such like this post Most of the time when you think price will go up it happen like that, when you think the price will go down, happen upside.
  • #159
  • Apr 2, 2019 10:13am Apr 2, 2019 10:13am
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Risiko birgt immer auch die Chance.
  • #160
  • Apr 2, 2019 10:55am Apr 2, 2019 10:55am
Quoting Arturke
{quote} Haha lol. Was expecting such like this post Most of the time when you think price will go up it happen like that, when you think the price will go down, happen upside.
I SUGGEST YOU TO WATCH NO NONSENSEFOREX.COM VIDEOS,they explain us that bank goes against the client sentiments and we can check client sentiments on many websites,so be smart and do opposite of wat most of the traders do,because MM do the opposite.

trading is very tricky and difficult,it is a game of fear and uncertainity and many traitors are playing against us.
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