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

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  • #421
  • Jul 7, 2019 10:08am Jul 7, 2019 10:08am
Quoting Dumaresq
{quote} 22 weeks old account, with equity right now below the deposit amount... how do you make money trading other peoples money if you can't even make profit for yourself in 22 weeks?

YET ANOTHER DEMO trader...

its very simple and I try to explain this I am a fundamental trader I have my views On a pair,
sometimes these things take time to work , it was the same as last month it’s the same this month and will be the Same the next month and so on

sometimes things just happen very quickly look at myfxbook for Feb 16% return everything played out very quickly this is not tour conventional YouTube trading
  • #422
  • Jul 7, 2019 10:11am Jul 7, 2019 10:11am
Quoting OutThere
{quote} LDFX is alright. I am sure he trades real accounts. I think his criticisms are probably motivating. No?
They are motivating you are 100% correct there.
he believed my account would be blown last month and it wasn’t and this month he’s moved on to dissect it in another way,
the moment my account was in +ve EQUITY I didn’t hear from him.

But at the end of the day I’m just going to keep what I’m doing and see what happens
  • #423
  • Jul 7, 2019 11:01am Jul 7, 2019 11:01am
Quoting allinazi
{quote} YET ANOTHER DEMO trader... its very simple and I try to explain this I am a fundamental trader I have my views On a pair, sometimes these things take time to work , it was the same as last month it’s the same this month and will be the Same the next month and so on sometimes things just happen very quickly look at myfxbook for Feb 16% return everything played out very quickly this is not tour conventional YouTube trading
I trade live, that demo linked that is a few days old is for a high risk trading forum for a laugh.

I'm just not dumb enough to place my live TE on here for all eyes to see. Why do you think there aren't masses of prop traders and institutional traders posting their live TE's here?

I hope you look back at your trades and figure out how to switch things around, trading journals help a lot of people, on the weekend just look at your history and study it, see if you make the same mistakes over and over again because ok that strike rate of yours 50% isn't the end of the world, but if you let your losers run further than your winners, you are going to have a problem being profitable in the long run man.
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  • #424
  • Jul 7, 2019 11:08am Jul 7, 2019 11:08am
Quoting Dumaresq
{quote} I trade live, that demo linked that is a few days old is for a high risk trading forum for a laugh. I'm just not dumb enough to place my live TE on here for all eyes to see. Why do you think there aren't masses of prop traders and institutional traders posting their live TE's here? I hope you look back at your trades and figure out how to switch things around, trading journals help a lot of people, on the weekend just look at your history and study it, see if you make the same mistakes...


I appreciate what you are saying
i haven’t changed anything from when I started the account, if I start changing I know what will happen I’ll deviate from soemthing that I know works for me and then you end up in the spiral.
you can see from the very start I still had 50% strike rate it’s just waiting for this one trade that will hopefully work out in the next few weeks if it doesn’t I’ll chop some of it and that will be that,
yes my equity is down at the min and the account is sitting as -4% with the equity
but realised balance is 25% and this has been the case for last few months, things have been super choppy . There’s about 4 different news stories going on at once so I’m just biding my time. Trust me I’m very self critical, what annoys me is when +ve equity was on the account heard from no one once his -ve everyone jumps on the criticism bandwagon

ALSO regards best worst trades best trades is less because of partial taking


but i I do appreciate what you say and I do analyse things On a regular basis
  • #425
  • Jul 7, 2019 11:59am Jul 7, 2019 11:59am
Quoting allinazi
{quote} i I do appreciate what you say and I do analyse things On a regular basis
Good to hear that you are working on it man! And don't let that TE stress you (I guess I didn't really help..) I found when I had a live TE up I felt pressured to make decisions just to prove to people I can trade... if that's the case and it fucks up your rhythm, just take it down mate, and you do you.
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  • #426
  • Jul 7, 2019 12:03pm Jul 7, 2019 12:03pm
Quoting Dumaresq
{quote} Good to hear that you are working on it man! And don't let that TE stress you (I guess I didn't really help..) I found when I had a live TE up I felt pressured to make decisions just to prove to people I can trade... if that's the case and it fucks up your rhythm, just take it down mate, and you do you.
All comments I take on board I’m very open to criticism, what I don’t respond to is “you have clearly failed”
type comments.

Im not overly stressed about of
course it would nicer if it was +ve but maybe people can see that this is what realistic trading is, this is what happens when maybe you do things that you normally wouldn’t do etc etc , and hopefully take it on board and do better than I do. Best way to learn is to learn from other people’s mistakes hahaha
  • #427
  • Jul 8, 2019 4:18am Jul 8, 2019 4:18am
Notwithstanding my friends truth be told unless you master the art of trading like as you master reciting ABC;;;;; profit making is almost impossible but i challenge the author saying that profit is very possible for ever if you understand the underlying art of this trades there is something very simple you have not discovered that is why its looking impossible ,this thing is a treasure and treasures are lost and found, it is in the loosing we find .This treasure is very easy to find but getting to where the treasure is hidden is almost the hardest thing in this world. Some spend their entire traveling, some give up on the road and try other roads of life which is a good thing why some continue endlessly, effortlessly, restlessly until one day they will found this treasure and become a total professional just like me
  • #428
  • Jul 8, 2019 4:35am Jul 8, 2019 4:35am
I had a similar discussion with my professor who had been writing algorithms for trading for years - his subject was data science and he was dismissive of forex and despite proficiency in programming, intelligence and years of trying could not write one that was profitable for forex.
  • #429
  • Jul 8, 2019 5:48am Jul 8, 2019 5:48am
impossible? george soros would not agree. lol.

i'm still on demo account, starting soon seriously.
  • #430
  • Jul 10, 2019 8:21pm Jul 10, 2019 8:21pm
Quoting allinazi
{quote} All comments I take on board I’m very open to criticism, what I don’t respond to is “you have clearly failed” type comments. Im not overly stressed about of course it would nicer if it was +ve but maybe people can see that this is what realistic trading is, this is what happens when maybe you do things that you normally wouldn’t do etc etc , and hopefully take it on board and do better than I do. Best way to learn is to learn from other people’s mistakes hahaha

You keep talking about your balance while your equity makes crazy negative divergences.

You said you have clients, if one client who had invested at the very beginning whished to take his money off the table, how much would he have made as of today ?
LDFX Trading Ltd
  • #431
  • Jul 11, 2019 1:50am Jul 11, 2019 1:50am
Quoting LDFX
{quote} You keep talking about your balance while your equity makes crazy negative divergences. You said you have clients, if one client who had invested at the very beginning whished to take his money off the table, how much would he have made as of today ?

they have agreements with me in terms the amount of time they are locked in for . Also none of them want to take money out they are happy to keep things in the account and let it build.
  • #432
  • Jul 11, 2019 4:31am Jul 11, 2019 4:31am
Quoting allinazi
{quote} they have agreements with me in terms the amount of time they are locked in for . Also none of them want to take money out they are happy to keep things in the account and let it build.
Lol, their money is "locked" ? What kind of investment is that, anyway you did not answer.
LDFX Trading Ltd
  • #433
  • Jul 11, 2019 4:34am Jul 11, 2019 4:34am
Quoting LDFX
{quote} Lol, their money is "locked" ? What kind of investment is that, anyway you did not answer.
You obviously never trader for people so you don’t understand go do some research then come back to me
  • #434
  • Jul 11, 2019 4:45am Jul 11, 2019 4:45am
Quoting allinazi
{quote} You obviously never trader for people so you don’t understand go do some research then come back to me
I asked you that because what matters when you have clients, like you said you have, is the equity.

Because when one decide to get his money back it is on equity.

You still have not replied...
LDFX Trading Ltd
  • #435
  • Jul 11, 2019 4:47am Jul 11, 2019 4:47am
Quoting allinazi
{quote} You obviously never trader for people so you don’t understand go do some research then come back to me
And do not be that arrogant dude, if you really have any "clients" I am sure it is your family/friends, who would invest in a losing trader otherwise ?
LDFX Trading Ltd
  • #436
  • Jul 11, 2019 4:48am Jul 11, 2019 4:48am
Quoting allinazi
{quote} You obviously never trader for people so you don’t understand go do some research then come back to me
"You said you have clients, if one client who had invested at the very beginning whished to take his money off the table, how much would he have made as of today ?"
LDFX Trading Ltd
  • #437
  • Jul 11, 2019 4:58am Jul 11, 2019 4:58am
Quoting LDFX
{quote} And do not be that arrogant dude, if you really have any "clients" I am sure it is your family/friends, who would invest in a losing trader otherwise ?

HOW DO YOU WANT ME TO PROVE TO YOU THAT THEY ARE NOT MY FAMILY FRIENDS? what do i need to do show you this ? you want me to show you all the mt4 accounts? would that help?


none of them want to take money out, its a long term investment, they have jobs they dont need the money. they have spare capital lying around instead of giving it to a bank that will give them less than 1% per year they invested with me
  • #438
  • Jul 11, 2019 6:14am Jul 11, 2019 6:14am
Quoting LDFX
{quote} "You said you have clients, if one client who had invested at the very beginning whished to take his money off the table, how much would he have made as of today ?"

all the agreements have been for a year with a max draw down on the account thats how i work it
  • #439
  • Jul 12, 2019 4:40pm Jul 12, 2019 4:40pm
Quoting LDFX
{quote} And do not be that arrogant dude, if you really have any "clients" I am sure it is your family/friends, who would invest in a losing trader otherwise ?

You haven’t answered how will
i prove this to you?
  • #440
  • Jul 12, 2019 10:28pm Jul 12, 2019 10:28pm
Quoting josephcom
Before you bombard me with criticism, I'm gonna ask you show me ONE SINGLE REAL ACCOUNT which has been profitable IN THE PAST THREE YEARS. Please don't make a mess saying stories/jokes/... You either show us a proof or don't say anything at all.
Does this count?
https://www.myfxbook.com/members/fxcharger/fxcharger/1744841
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