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Forex Profit... Im sorry but... (10% per month?) 114 replies

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  • #361
  • May 24, 2019 1:13pm May 24, 2019 1:13pm
Quoting LDFX
{quote} That settles it. {image}

why does that settle it ?

everyone is taught use a stop loss then do u wonder why so many people fail. THINK OUTSIDE THE BOX
  • #362
  • May 24, 2019 1:22pm May 24, 2019 1:22pm
Quoting allinazi
{quote} why does that settle it ? everyone is taught use a stop loss then do u wonder why so many people fail. THINK OUTSIDE THE BOX
That settles it,

that you were never taught anything by a « real » trader working in Morgan Stanley, that you are just an amateur thinking he can get away by not taking losses.

Why peoples fail is because trading is difficult, you think you can succeed by not using a stop loss.

Nobody thought about that before you man, you are a genius, actually I would guess that they all did like you, what still amaze me is that peoples like you without any skill still think they are gonna make money in the long run.

We can see how well you are doing though.

I think another reason why so many peoples fail in trading is because it attracts so many egomaniacs.
LDFX Trading Ltd
  • #363
  • May 24, 2019 1:24pm May 24, 2019 1:24pm
Time will tell, right ?

so let’s see how you did by next month if you did not delete your account.

Even though time has spoken already...
LDFX Trading Ltd
  • #364
  • May 24, 2019 1:26pm May 24, 2019 1:26pm
Quoting LDFX
{quote} That settles it, that you were never taught anything by a « real » trader working in Morgan Stanley, that you are just an amateur thinking he can get away by not taking losses. Why peoples fail is because trading is difficult, you think you can succeed by not using a stop loss. Nobody thought about that before you man, you are a genius, actually I would guess that they all did like you, what still amaze me is that peoples like you without any skill still think they are gonna make money in the long run. We can see how well you are doing though....

You have no clue how i trade so you dont know i deal with losses and how cut where i cut. yes of course this month i made a few mistakes, but then again it was a news heavy month with 3/4 stories and markets were volatile and you know what im still here

let see if im here in 6 months and dont worry ill keep you updated on my progress

peace
  • #365
  • May 24, 2019 1:37pm May 24, 2019 1:37pm
Quoting allinazi
{quote} You have no clue how i trade so you dont know i deal with losses and how cut where i cut. yes of course this month i made a few mistakes, but then again it was a news heavy month with 3/4 stories and markets were volatile and you know what im still here let see if im here in 6 months and dont worry ill keep you updated on my progress peace

Your drawdown, open trades and floating loss says it all, there is nothing to look further, your account is doomed.

And it doesn’t please me to say it.
LDFX Trading Ltd
  • #366
  • May 24, 2019 1:39pm May 24, 2019 1:39pm
Quoting LDFX
{quote} Your drawdown, open trades and floating loss says it all, there is nothing to look further, your account is doomed. And it doesn’t please me to say it.

ok we shall see
  • #367
  • May 24, 2019 1:48pm May 24, 2019 1:48pm
Quoting allinazi
{quote} ok we shall see

OK
LDFX Trading Ltd
  • #368
  • May 26, 2019 4:39am May 26, 2019 4:39am
Quoting LDFX
Time will tell, right ? so let’s see how you did by next month if you did not delete your account. Even though time has spoken already...

Exactly the first sensible thing you have said, time will tell. One can't hide from monthly results just keep watching. I told you i have had a bad month and made mistakes, everyone has those.
  • #369
  • May 31, 2019 3:19pm May 31, 2019 3:19pm
Quoting allinazi
{quote} Exactly the first sensible thing you have said, time will tell. One can't hide from monthly results just keep watching. I told you i have had a bad month and made mistakes, everyone has those.
I understand mate! And I think, making losing trades it’s natural but making trades without any lose, it’s unrealistic! Hope very soon you’ll recover it!
  • #370
  • May 31, 2019 4:08pm May 31, 2019 4:08pm
Quoting ZikriIrfan
{quote} I understand mate! And I think, making losing trades it’s natural but making trades without any lose, it’s unrealistic! Hope very soon you’ll recover it!

Thanks, the account is actually still in positive (11%)just negative equity at the minute (how forex factory calculate) . The drawdown was due to multiple running positions I think I had nearly 15-20 positions open at that time and just things weren’t playing out.
Its not that I risked it all on one trade,
i trade multiple pairs sometimes works as a hedge sometimes I make 3% on 1 and lose 1 % on another close both and make 2%
But in May just all positions weren’t playing out.
SO let’s see how June goes I have positions that have good potential and may finished with 8% loss so wasn’t too bad in the end. But thanks for the positive comment
  • #371
  • Jun 1, 2019 5:01am Jun 1, 2019 5:01am
So did anyone actually showed their profitable accounts?
  • #372
  • Jun 1, 2019 5:19am Jun 1, 2019 5:19am
Quoting LanaBanana
So did anyone actually showed their profitable accounts?
I would argue mine is profitable less the running positions but account is up on a whole
  • #373
  • Jun 1, 2019 6:13am Jun 1, 2019 6:13am
Quoting allinazi
{quote} I would argue mine is profitable less the running positions but account is up on a whole
In this year almost -5,649 pips but in this week 6,521 pips gain; but why it’s showing 5.9% lose?
  • #374
  • Edited 7:03am Jun 1, 2019 6:35am | Edited 7:03am
Quoting GeorgeBaile
{quote} In this year almost -5,649 pips but in this week 6,521 pips gain; but why it’s showing 5.9% lose?

HI

SO
1st thing- pips - i trade a lot of EM/ and scandi's and exotics so pips are different for example if u can see my current usdzar trade im up $85 pips 2416 with 0.05 size so if you follow my account forget the pips as they mean nothing

2nd- Forex factory show you up to date (all time return) as current running equity. Net deposit on my account is 5k. Current realised balance is 5592 unrealised -885 equity 4707
(5000 -4707)/5000 X 100 = - 5.9%
SO lets say next week my running positions end up -200 that would be 5592- 200 = 5392. 5392-5000 = 392. 392/5000 X 100 it would show +ve 7.8% but its not realised its just what is with the current open positions.

If you take a look at myfxbook you can see realised profit 11.84% . THE draw down of 38% is an equity drawdown (running positions and not realised). You can see the red line on the graph is the actual money realised in the account and the yellow is the equity which changes all the time.

If you look at the the next attachment you can see the deepest value in terms of balance was 17.2% and the equity was -34% hope that clears things up
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  • #375
  • Jun 29, 2019 5:43am Jun 29, 2019 5:43am
Why being so mad if some people do really making some money I simply do not understand, Forex is not for everyone here totally and completely anyway. How does it really going with you for that much stuff ? Why do you disliking other people posts in that terms ? Thanks in advance for really letting me know all this. I am probably now see why you are not making any profit out there for that matter really. Please explain this all to me and do not get mad over some basic stuff out there really.
  • #376
  • Jun 30, 2019 2:09am Jun 30, 2019 2:09am
Quoting Eredribaen
Why being so mad if some people do really making some money I simply do not understand, Forex is not for everyone here totally and completely anyway. How does it really going with you for that much stuff ? Why do you disliking other people posts in that terms ? Thanks in advance for really letting me know all this. I am probably now see why you are not making any profit out there for that matter really. Please explain this all to me and do not get mad over some basic stuff out there really.
Basically; a number of traders start their live trading without having any plan unless money making! As a result; they lose money! Then they start this type of talking! It’s not a big deal!
  • #377
  • Jul 1, 2019 3:08am Jul 1, 2019 3:08am
Quoting ldfx
time will tell, right ? So let’s see how you did by next month if you did not delete your account. Even though time has spoken already...
STILL not using stops, STILL not using tps, STILL here ...............
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  • #378
  • Jul 1, 2019 4:47pm Jul 1, 2019 4:47pm
Quoting LDFX
{quote} OK

Where would you start if you wanted to learn how to trade? I have been told about I markets live and have watched several YT videos. Want to cut costs and have good profits like you. Eager to learn but don't know where to start.
  • #379
  • Jul 1, 2019 5:36pm Jul 1, 2019 5:36pm
Quoting tgiryan
{quote} Where would you start if you wanted to learn how to trade? I have been told about I markets live and have watched several YT videos. Want to cut costs and have good profits like you. Eager to learn but don't know where to start.

would be the worst thing to ask for advice who started a thread "profit in forex is impossible"
  • #380
  • Jul 2, 2019 1:00pm Jul 2, 2019 1:00pm
hmm interesting question....

unfortunately, i still doesnt know in the real world who that have been success from trading forex.

but i'll back 3 years again to this trade and tell the story....hehehe
Keep Trading for Better Life!!!
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