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If you haven't made it yet, what makes you think you will? 212 replies

How long do you hold a trade and are you profitable? 22 replies

How long you been at this?

  • #21
  • Edited 10:50pm Jun 14, 2007 10:37pm | Edited 10:50pm
Quoting mbqb11
Traded 5 years ago for 5 months or so with my dad. We basically just clicked buttons, added random indicators...it was helluva good time. Actually made a few bucks too, but had no clue what we were doing, or even that anyone traded anything but the euro

After I graduated college I decided to look into forex again that was almost a year ago now, really glad to have stumbled onto FF
Y'know what Mike, go give your dad a hug right now.
WHY?
I have a 19 year old son who has a better understanding of this environmet than most Newbs here. Reason being, I instilled it into him.
At 19 {and I want to say "Running" a Mega Store but honnestly that won't happen for another year or so}
He has aquired:
Youngest to achieve...
Youngest to achieve...
Youngest to achieve...
AND
Guess what.
He actually tells me he couldn't have done it if he didn't undersrtand "Global Ecconomics"

AND

I would love for him to come and give me a hug just to say; "Thanks Dad. I caught that one."

PS. I do actually get lots of hugs.
Pretty smart dude that son o' mine.

Your sons could be too if you have the time.
  • #22
  • Jun 14, 2007 10:40pm Jun 14, 2007 10:40pm
Started demoing a little over a year ago, went live 5 weeks ago. I was a hardcore gamer before that, playing online games making my virtual fortune. Occasionally selling in game stuff for real money. Oh back in the day you could make some good money, sometimes over $100 an hour. But one day after many years I just found it to be a huge waste of time, but they are addictive games and you normally need something to occupy your time to stop playing.

Then one day my father told me he got into stock trading. So I looked for a demo, I actually thought I was playing stocks the first few weeks. But as I learned more I came to realize it was Forex, the rest just feel into place, I knew this is what I wanted to do and have been working hard at it ever since.

I just have to say as a few others have, FF is great, it has likely been the greatest contributer to my trading education.
  • #23
  • Jun 14, 2007 10:46pm Jun 14, 2007 10:46pm
Quoting Bemac
Y'know what Mike, go give your dad a hug right now.
WHY?
I have a 19 year old son who has a better understanding of this environmet than most Newbs here. Reason being, I instilled it into him.
At 19 {and I want to say "Running" a Mega Store but honnestly that won't happen for another year or so}
He has aquired:
Youngest to achieve...
Youngest to achieve...
Youngest to achieve...
AND
Guess what.
He actually tells me he couldn't have done it if he didn't undersrtand "Global Ecconomics"

so the apple doesn't fall far from the tree there huh, great to hear about your son doing so well with his old mans lessons ....

My dad gives me most of my lessons in life, but at least now I am at the point where I get to give him trading lessons :

Always try to listen to those older then me, ESPECIALLY ones own father...hes a great man and father as I know you are as well


Just to keep the thread on topic Bemac has been trading for 125+ years now I believe? but seriously, I hope to be trading well for as long as you have
  • #24
  • Jun 14, 2007 10:48pm Jun 14, 2007 10:48pm
yes i agree
Quoting mbqb11
so the apple doesn't fall far from the tree there huh, great to hear about your son doing so well with his old mans lessons ....

My dad gives me most of my lessons in life, but at least now I am at the point where I get to give him trading lessons :

Always try to listen to those older then me, ESPECIALLY ones own father...hes a great man and father as I know you are as well


Just to keep the thread on topic Bemac has been trading for 125+ years now I believe? but seriously, I hope to be trading well for as long as you have
  • #25
  • Jun 14, 2007 10:58pm Jun 14, 2007 10:58pm
Thanks guys; both of you; You gave me a warm chuckle in my heart.
  • #26
  • Jun 14, 2007 11:13pm Jun 14, 2007 11:13pm
I have been at it for only 6 months, and hell....its been a series of peaks and valleys.

I kinda just fell into it as well.

Oh, and sniper......FOR THE HORDE!

  • #27
  • Jun 14, 2007 11:17pm Jun 14, 2007 11:17pm
I started 6 years ago with a well know broker and a trading system that they where reckonmending...well found out that they where adjusting the pip spread as they gave out the signals the signals where more often then not reversing after 10 pips, So we where opening positions with a 4 pip spread then they were adjusting the spread by another 5 to 7 pips so most of the time we were going to lose.

Several of us woke up to them and we meet a guy at a conference that had worked for this broker and he confirmed what we thought was going on he then told us of some of the other tricks that they were up to so we close all our accounts however at this time I had already lost $5000.00.

And has they say the rest is history, I sat down started to study and slowly put together a method..

Glenn
  • #28
  • Jun 14, 2007 11:17pm Jun 14, 2007 11:17pm
Quoting mbqb11
Just to keep the thread on topic Bemac has been trading for 125+ years now I believe? but seriously, I hope to be trading well for as long as you have
Yeah Mike, sometimes it feels like I have been doing this for a Centitrade. But ya know what, I'm actually very close to being done. Leaving out the backside so to speak.

My Son knows how I Trade and I like that.
Anyone else interested is gonna have to wait till I do my memoirs.
  • #29
  • Jun 14, 2007 11:20pm Jun 14, 2007 11:20pm
Quoting Bemac
Yeah Mike, sometimes it feels like I have been doing this for a Centitrade. But ya know what, I'm actually very close to being done. Leaving out the backside so to speak.

My Son knows how I Trade and I like that.
Anyone else interested is gonna have to wait till I do my memoirs.
So will your son take the reigns posting on here for us Bemac^2

well i speak for everyone for sure when I say I hope it isn't too soon for our sake(yea selfish of me huh?), but that is one less person for all of us to learn from...

but when you feel your done, I bet you can look back at it as one hell of a good ride
  • #30
  • Jun 14, 2007 11:31pm Jun 14, 2007 11:31pm
Quoting clockwork71
I have been at it for only 6 months, and hell....its been a series of peaks and valleys.

I kinda just fell into it as well.

Oh, and sniper......FOR THE HORDE!

All the way

**Off topic and has no relevance**
Between posts and bar moves I have another screen for playing though playing less and less these days forex /pwnts the AH anyday
  • #31
  • Jun 14, 2007 11:32pm Jun 14, 2007 11:32pm
Quoting mbqb11
So will your son take the reigns posting on here for us Bemac^2

well i speak for everyone for sure when I say I hope it isn't too soon for our sake(yea selfish of me huh?), but that is one less person for all of us to learn from...

but when you feel your done, I bet you can look back at it as one hell of a good ride
C'mon Mike,
Compile and assimilate all the posts I have ever made here at FF {arguments aside} and you will discover that they, in a nutshell, tell you to discover yourself.

I will Never be done. Why would I close accounts that could possibly throw me a couple o' x a month?
But, I have reached the point of not needing to be Big Pip Gainer of the Day Week or Month.

btw. this new environment of "Clickers" makes it much easier to steal from you guys.
  • #32
  • Jun 14, 2007 11:37pm Jun 14, 2007 11:37pm
Quoting Bemac
C'mon Mike,
Compile and assimilate all the posts I have ever made here at FF {arguments aside} and you will discover that they, in a nutshell, tell you to discover yourself.

I will Never be done. Why would I close accounts that could possibly throw me a couple o' x a month?
But, I have reached the point of not needing to be Big Pip Gainer of the Day Week or Month.

btw. this new environment of "Clickers" makes it much easier to steal from you guys.
haha of course, but if u stopped posting who would remind us to discover ourselves?!!!?

And there is only more clickers to come and that is a good thing, i think we both can agree on, but what comes after the clickers
  • #33
  • Jun 14, 2007 11:52pm Jun 14, 2007 11:52pm
Quoting mbqb11
haha of course, but if u stopped posting who would remind us to discover ourselves?!!!?

And there is only more clickers to come and that is a good thing, i think we both can agree on, but what comes after the clickers
I think, stabilazation. 7% new Clicks merged with 40% old clicks= Predicability.

Good luck Mike. I wish you well. The fortunate one {and I hope [without response] that it is working for you} who may {nea Will} continue the heritage.

Rosslyn... ...
  • #34
  • Jun 15, 2007 12:14am Jun 15, 2007 12:14am
Quoting mbqb11
Always try to listen to those older then me,
Close, but I would abbreviate it to;"Always try to listen"
Scenario; Preset; I've been a boss for 30+ years.
Me: Here's how I want you to do this.
Guy: I know how to do it.
Me: Cool. Tell me how you do it?

Synopsis.
He tells me the same way I already do it... work is completed to expectations.

He tells me a way I am not familiar with. I now know TWO ways to do it and have a choice.

Result: I'm Smarter and he is still the same.
  • #35
  • Jun 15, 2007 12:21am Jun 15, 2007 12:21am
Quoting Bemac

Result: I'm Smarter and he is still the same.
Indeed you are correct sir.
  • #36
  • Jun 15, 2007 12:42am Jun 15, 2007 12:42am
Quoting mbqb11
Indeed you are correct sir.
Aaaw, c'mon Mike, drop the sir; I'm a Trader and so are you
We both know that you have an edge and kudos for such.
  • #37
  • Jun 15, 2007 12:43am Jun 15, 2007 12:43am
Quote
Scenario; Preset; I've been a boss for 30+ years.
Me: Here's how I want you to do this.
Guy: I know how to do it.
Me: Cool. Tell me how you do it?

Synopsis.
He tells me the same way I already do it... work is completed to expectations.

He tells me a way I am not familiar with. I now know TWO ways to do it and have a choice.

Result: I'm Smarter and he is still the same.


Another real gem from Bemac. Every post a keeper!
  • #38
  • Jun 15, 2007 12:47am Jun 15, 2007 12:47am
Quoting Bemac
Aaaw, c'mon Mike, drop the sir; I'm a Trader and so are you
We both know that you have an edge and kudos for such.
how about, you are correct bro.
  • #39
  • Jun 15, 2007 1:01am Jun 15, 2007 1:01am
Quoting clockwork71
I have been at it for only 6 months, and hell....its been a series of peaks and valleys.

I kinda just fell into it as well.

Oh, and sniper......FOR THE HORDE!

Horde suck. Go alliance...

My lvl 71 dwarf warrior pwnz you n00bs in the AH... h0h0h0.
Mr. Trend
  • #40
  • Jun 15, 2007 1:59am Jun 15, 2007 1:59am
Quoting Mr Trend
Horde suck. Go alliance...

My lvl 71 dwarf warrior pwnz you n00bs in the AH... h0h0h0.
lol haven't played that one in ages it seems, I still the get the twitch though.
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