Hi my name is Nicholas and I've always wanted to be financially independent. Over the last three years I've tried many non-traditional jobs for a nineteen year old: real estate, poker (win a million at the WSOP in <st1:city><st1
lace>Las Vegas</st1lace></st1:city>?), multi-level marketing, affiliate marketing with google adwords, and HYIPs (high yield interest program). About ten months ago, I had to call it quits with the hyips when the last one that I was in, which been paying 200% a month for almost 18 months, went under right as my profits were about to get serious. I’d been doing hyips for a year and a half and I was tired of giving my money to some stranger and hoping they'd follow through with their promises. The forex market is what many hyips claim as the source of their incredible profits so I decided to learn about this forex market myself. No more would I give my money to someone else to lose, if it was going to get lost, I wanted myself to be the sole reason.
So starting in February of this year I spent $1000 on several very large and comprehensive books on trading, and I’ve since devoted every free minute of my life to learning the forex market. And it has had its consequences. I've lost some friends, I dropped out of school, and other things. Thankfully my parents fully support me.
I should pause though; I left one very important part out. Hyips were my introduction to the world of investing and most of the hyip's I put my money in returned 50%-300% a month. As I entered the forex market, I was determined to make similar rates of return per month.
And that’s what I've learned how to do.
One of the most important lessons that I learned with the forex market is the paramount importance of a rock solid system with rules that never waver. That's why I've always veiwed mechanical systems as trading perfection. Mechanical systems are not influenced by emotion, one of the greatest enemy's of the trader and you never have to worry about them deciding to ignore a certain rule.
I believe I’ve created a mechanical system that with 5%-10% invested per trade will return 75%-200% per month. The system is very finely tuned to fit the 30 minute charts on the eur/usd and this is the only timeframe or currency pair I trade. 5%-10% a trade, statistically speaking, should keep your drawdown's below 7%, sometimes even 5%.
I will admit that I have only forward tested this system over the past week but I have back tested it extensively, and it's the 36th version of an idea that I've been meticulously working on since the summer. My point is this is not a system I randomly came up with recently.
I’d like to start posting trades here because the hardest part for me is to NOT CHECK MY COMPUTER EVERY FIVE MINUTER after placing a trade. I need to learn how to place a trade and then forget about it. If I post the trades here then there's no point to keep checking it, because I'm sticking to the system, and I only do trades that I plan on posting here, and I'm not going to post random, emotion based trades on this forum.
And maybe I can offer hope to some new guys so they'll know that not only can you make some money in forex, you can make however much you want.
The only limitation is you.
Nicholas
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lace>Las Vegas</st1lace></st1:city>?), multi-level marketing, affiliate marketing with google adwords, and HYIPs (high yield interest program). About ten months ago, I had to call it quits with the hyips when the last one that I was in, which been paying 200% a month for almost 18 months, went under right as my profits were about to get serious. I’d been doing hyips for a year and a half and I was tired of giving my money to some stranger and hoping they'd follow through with their promises. The forex market is what many hyips claim as the source of their incredible profits so I decided to learn about this forex market myself. No more would I give my money to someone else to lose, if it was going to get lost, I wanted myself to be the sole reason. So starting in February of this year I spent $1000 on several very large and comprehensive books on trading, and I’ve since devoted every free minute of my life to learning the forex market. And it has had its consequences. I've lost some friends, I dropped out of school, and other things. Thankfully my parents fully support me.
I should pause though; I left one very important part out. Hyips were my introduction to the world of investing and most of the hyip's I put my money in returned 50%-300% a month. As I entered the forex market, I was determined to make similar rates of return per month.
And that’s what I've learned how to do.
One of the most important lessons that I learned with the forex market is the paramount importance of a rock solid system with rules that never waver. That's why I've always veiwed mechanical systems as trading perfection. Mechanical systems are not influenced by emotion, one of the greatest enemy's of the trader and you never have to worry about them deciding to ignore a certain rule.
I believe I’ve created a mechanical system that with 5%-10% invested per trade will return 75%-200% per month. The system is very finely tuned to fit the 30 minute charts on the eur/usd and this is the only timeframe or currency pair I trade. 5%-10% a trade, statistically speaking, should keep your drawdown's below 7%, sometimes even 5%.
I will admit that I have only forward tested this system over the past week but I have back tested it extensively, and it's the 36th version of an idea that I've been meticulously working on since the summer. My point is this is not a system I randomly came up with recently.
I’d like to start posting trades here because the hardest part for me is to NOT CHECK MY COMPUTER EVERY FIVE MINUTER after placing a trade. I need to learn how to place a trade and then forget about it. If I post the trades here then there's no point to keep checking it, because I'm sticking to the system, and I only do trades that I plan on posting here, and I'm not going to post random, emotion based trades on this forum.
And maybe I can offer hope to some new guys so they'll know that not only can you make some money in forex, you can make however much you want.
The only limitation is you.
Nicholas
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. Since then, i've realized i better have a back incase that doesn't happen 