in search of minimum wage

from my journal on enivids site.....

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Mar 22, 2022

without a doubt, the thing about forex which appeals to me most is we are all paid the same..... it's a level playing field..... no matter where we live......

without a doubt, the same can not be said of minimum wage..... it's an unlevel playing field..... and matter's where we live......

minimum wage here is 7.25 ...... just a few miles north it's 11 bucks...... in the states it ranges from 7.25 to almost double that.....

same can be said for countries..... it matters.....
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so, let me base this here...... after taxes, 7.25 per hour on a 8 hour day would be about 50$...... a convenient number..... 250$ a week, roughly 1000$ a month..... all easy math numbers.....

1000 would be 10% of 10,000..... more easy math numbers.....

2 mini lots and 25 eurusd pips pays 50$..... easy math..... as is audusd or nzduzd......

and there is were the easy part ends.....or at least for me it does......
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my seemingly simple goal will be to roughly average our minimum wage here.....

i'll use the signal scanners posted somewhere on this site like the psar, bbands stops and such...... rarely trading against the trend.....

my lot size will be larger than normal but probably never more than 2 mini lots..... the lot sizes will vary due to oanda's rule of not allowing same sized trades to have profit targets and/or stoplosses ...... so there might be a 0.1 trade along with a 0.11 trade..... different trade sizes are allowed targets with oanda......

admit upfront, depending on where you live 50$ a day might seem a minor amount...... but again, depending on where you live it might be anything but.....h
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Sounds like a great plan and it's realistic and definitely more than the bank would give you. Overall that's 10% per month when you look on it.
I think people In general fail trading for the reason that we aim to high a target at times.
Most people will not.pay attention to the post you made here because apparently it is not exciting enough, there is not enough trill I guess.
You're an awesome thinker and I appreciate you.

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hey prince...... there are some people who would step over a 5$ bill laying on the ground rather than bend over to pick it up..... i never want to be that rich......


5$ trades litter the forex floor..... heck, i need the exercise any way......h

first weeks results.....

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[quote=hayseed;14000352]{quote} first weeks results...

Oh dear Hayseed seems your crosshair is way off your target.
With those results your going to have to take a two month holiday to get back on track with that minimum wage.
Very smart trading/coding, as always, you make it all look so simple

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lol..... aim low..... hit high..... keep'em guessin.....h

That's a great way to do it...

everything deserves a break.... trends are no exception.... once it resumes. i'll get back to work..... might be 15 minutes, a lunch hour or a weeks vacation....

time is on my side.....h

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hey prince....... swap was not a deciding factor in the separate buy sell accounts.... it's been a whole herd of years before swap has entered my mind..... and only then because it separates the days in the account history......

if i sort this account by the negatives, which incudes loss's and financing/swap, you can see how minor it is.... now, sort by positives and swap becomes non existent......

neither swap nor spread ever enter my mind....h
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peytons account..... sorted by negatives and positives...... you can see swap is minor.....

possibly swap and spread could be a factor for some, not for me....

the 2 things that hinder me the most are nfa's fifo and no hedge rules.... they reduce my results by a minimum of 25%....

but who's counting..... h
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Whatever you are doing is working no doubt...

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my dang 13 on and 1 off, 12 hours a day job is work enough for me.... forex is my only rest and relaxation.....

had hoped to make minimum wage for the whole year in 2 weeks..... never dreamed the snb would raise rates.....

better post june results quick while they still look good..... i see a bad moon arising......

didn't have a single short chf trade till about 2 hours ago.....and that was probably 48 hours too early.... this account might invert by monday......

scratchin around thru the help wanted ads, just in case.....h
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......h
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time is fleeting......h
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hey aandragon...... that code is posted over on enivids site in my mq4 code works thread..... will post it here for you also.....h
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hey gg...... the scripts are over on enivids site.... you can download the mq4 for all there..... they go in the scripts folder.....

zigzag and fractals should be in your platform , they are standard.....h
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have now made minimum wage for the year ..... pressures off..... time to kick back and relax..... or take a vacation......

or, perhaps a ftmo challenge....h
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had ftmo challenge on my mind along with day job this week........ so minimum wage account took a back seat....

three's a crowd ya know.....h
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Some serious business...could do well with this performance, your execution is admired...

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hey prince..... you just caught me during the forex summer.....

have a couple friends that make over a million a year mowing yards.... one might make several million..... that's some serious business..... till winter rolls around..... income is almost predictable month to month.....

as you know, forex is very unpredictable..... might be burning hot today and freezing cold tomorrow.....

i always wear a full length fur coat..... even on the beach.... just in case.....

minimum wage account crawled over into the front seat this week......h
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Awesoem. Thank you