Success stories | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Success Stories--Those without Harvard Education, Aweso Mentors, or Genius Intellect. 46 replies

success stories 3 replies

Forex success, are there any stories? 3 replies

Amazing Trading Stories!!! 9 replies

Attachments: Success stories
Exit Attachments

Success stories

  • #61
  • Oct 17, 2007 9:13am Oct 17, 2007 9:13am
Quoting Kanon
Met so n naam moet jy afrikaans wees?
Ek is afrikaans ja. Ek is n' student by die Universiteit van Stellenbosch. Dit voel vreemd dat daar nog Suid-Afrikaners hierdie thread lees. En U? Waarvandaan is U as ek mag vra?
  • #62
  • Oct 18, 2007 11:37am Oct 18, 2007 11:37am
Quoting Azizi
I am from Morocco, My name is Aziz,

About 1 years ago I started trading Forex because my one freind also trading already Forex in Fez. First he teach me some.
At that time my English was very very Bad.
I had one small shop in Fez, Morocco. But my Shop not very busy. I also have Internet in shop.

I serch google looking for free trading systems and I download many systems and opened Demo Accounts with some Brokers.

Then I met one site luckytips Dr. Zain Agha and he teach me many things. Give me one system free.

I also have to learn English to understand it better. So I also learn English on Internet for free.

I start Demo trading and make some money so my friend told me open account in Switzerland with his broker.

I start with money, sometime win sometime lose. Not good result. I write to Dr. Zain and he says buy ZTL system. So I buy it and first practice for 1 month demo then start with real money. This make me confident. I start making money, good money every day. After some months I buy another system ZRC. This make me rich. This is very good system.

I sell my shop and trade full time. Now I have one English teacher. He come to my home to teach me every day. My English is very good now.

OK. This is my Success Story. Anybody else write their story. I will be happy to read. Thank You. Aziz
Hi Aziz,

Good to know that you have been successful in Forex Trading so quickly.
Normally it takes many years and persistence to be successful in this line.
I have been trading for more than 3 years now and did lose a lot in my first two years of trading.
Thanks to Dr. Zain Agha and his Systems ZTL and ZRC, (I have these Systems too) started putting me back on my feet when I was literally broke.
What is more important to me is his continued support and help that he provided me to get back and recover my losses fast.

I wish you and other Readers Great Everlasting Success,

John
Winning is a Great Feeling!
  • #63
  • Oct 18, 2007 12:09pm Oct 18, 2007 12:09pm
Hi Rudolf,

The reason why you made money in Demo Trading and Lost Money in Real Trading are two folds:

1) When you trade Demo, you have a large amount of Virtual Money about $50,000.00 in your Kitty.
When you are Trading Live with your real money you are trading with an account of only $5000.00 or so.
Here is the first reason, you have a vast resource of funds at your hand when Demo Trading.

2) Traders lose only because of FEAR and GREED.

In the first senerio, with Demo Trading you are fearless as you know that first you have a vast resource at your disposal and secondly your Conscious and Subconscious Mind knows that it is not your money and it is not real money. So there is NO FEAR INVOLVED here.

But when you are trading with your own hard earned money, you fear of losing it, so you make mistakes.
I shall give you an example. When I first started trading one of the systems I purchased from Dr. Zain Agha, I was instructed to take 15 pips profit and exit. As long as the price was going in my favour I would continue to stay in the market until I achieve the desired 15 pips profit, but whenever I would see a retracement, (The Market Never Moves ina Straight Line) I would exit with a loss fearing of losing more. Later the Market would turn around and continue in the original direction I was. Because of this fear, I would not avail the opportunity of making profits.
Thanks to Dr. Zain Agha, his continued councilling taught me to be persistent
with my trades and remove this Phobia of losing. If you have this Phobia, you will never succeed as a Forex Trader.

The Second Reason is GREED.
Once I was able to conquer my FEARS I became greedy.
I was supposed to exit with a 15 pips profit, which I did initially but after a few days I wanted more, so I would stay in the Market longer than required and soon I would see that the Market has retraced and my profits gone, I would still stay in the market hoping that the market would turn and comeback to my target, but the market kept going down and down with the result that I lost many many times more than I was expecting to win.

So you have to learn Discipline, stick to the Rules, do not expect more than what is expected. Don't Expected the Unexpected and you will be back on the road again making profitable trades.
This is my Sincere Advice to you and All other Readers of this Forum.

Quoting klasvakie
Hi everyone

My name is Rudolf Strydom. I've just turned 19. I have been demo trading for a total of 3 months now. Im using the ava-fx demo trading platform and I like it a lot. I started out about 3 weeks ago on a new demo account of 100 000$ and I have been using a personal version of one of those Einstein theories to trade the market with minimal technical and fundamental analisys... Here is a picure of my last 30 closed positions. The account has grown by 30% in less then a month and this is not the first time I have achieved such success. The only question is when to start live trading because I have already lost quite a sum of my real money!

Happy trading yo'all..

email removed

http://i192.photobucket.com/albums/z...akie/forex.jpg
Winning is a Great Feeling!
  • #64
  • Oct 18, 2007 12:35pm Oct 18, 2007 12:35pm
Quoting klasvakie
Ek is afrikaans ja. Ek is n' student by die Universiteit van Stellenbosch. Dit voel vreemd dat daar nog Suid-Afrikaners hierdie thread lees. En U? Waarvandaan is U as ek mag vra?

Eerste keer wat ek Afrikaans sien op die website!!!
  • #65
  • Oct 18, 2007 2:29pm Oct 18, 2007 2:29pm
Mike..whatever you do remember karma...no matter how much you read..go around the forums..ULTIMATELY....you have to be accountable for your own actions...which would inturn mean...you will not be able to make money with other people minds and ideas..you have to bite the bullet ..otherwise...the word karma woul cease to exist..which can never be
  • #66
  • Oct 19, 2007 1:02am Oct 19, 2007 1:02am
Quoting Azizi
I am from Morocco, My name is Aziz,

About 1 years ago I started trading Forex because my one freind also trading already Forex in Fez. First he teach me some.
At that time my English was very very Bad.
I had one small shop in Fez, Morocco. But my Shop not very busy. I also
Then I met one site luckytips Dr. Zain Agha and he teach me many things. Give me one system free.

I also have to learn English to understand it better. So I also learn English on Internet for free.

I start Demo trading and make some money so my friend told me open account in Switzerland with his broker.

I start with money, sometime win sometime lose. Not good result. I write to Dr. Zain and he says buy ZTL system. So I buy it and first practice for 1 month demo then start with real money. This make me confident. I start making money, good money every day. After some months I buy another system ZRC. This make me rich. This is very good system.

I sell my shop and trade full time. Now I have one English teacher. He come to my home to teach me every day. My English is very good now.

OK. This is my Success Story. Anybody else write their story. I will be happy to read. Thank You. Aziz


I smell what the rock is cooking.
I Love Forex Factory!
  • #67
  • Oct 22, 2007 9:33am Oct 22, 2007 9:33am
Quoting ma_cowburn
Eerste keer wat ek Afrikaans sien op die website!!!

Wat maak al die ZAR mense hier!? Stadig kom hulle uit lyk dit my...
  • #68
  • Oct 22, 2007 9:47am Oct 22, 2007 9:47am
Thankyou John

Do you know anything about the ZRC system? Is it worth while. Saw it there on Aziz's post..

Rudolf
  • #69
  • Oct 22, 2007 10:12am Oct 22, 2007 10:12am
Quoting klasvakie
Wat maak al die ZAR mense hier!? Stadig kom hulle uit lyk dit my...
Jy weet dit!!!

Ek wou nog gevra het wat is daardie einstein theory?
  • #70
  • Oct 23, 2007 9:52am Oct 23, 2007 9:52am
Die teorie sê dat verandering die enigste konstante is.

As jy n' 'arbitrary' trade insit saam met die hoof langtermyn trend, is die kans 90% (ek hou van statistiek) dat die trade binne die volgende week in die profeit kant van die trend sal wees as nie in die eerste dag of selfs onmiddelik nie.. Dit is wel so dat die trade vir 'n hele paar dae aan die verkeerde kant mag wees en dit is verstaanbaar hoe iemand kan bang raak as dit hulle regte geld is, maar gedult betaal in die einde.. Met 'n bietjie meer tegniese analise kan die begin possisie van die trade beter geplaas word en jou kanse sal al hoe beter raak om vinnig aan die profeit kant van die trade te wees..

Dit klink dalk 'n bietjie simpel maar die feit bly staan dat as jy 'n trade insit ongeag van die tyd, trend of enige analise, is die kans 97% dat in die toekoms (1 sekonde of 'n jaar van nou af??) die trade profeit sal lewer...

Die hoeveelheid sukses wat verwag kan word deur toepassing van die stelling, hang af van hoe noukeurig die trend gekies word (langtermyn is rêrig eenvoudig om raak te sien, nie?), die gebruik van stoplosses (mbt die stelling is stoplosses 'n enemy omdat dit die kreatiewe aard van die stelling behoed) en die ingangs posissie (sal bepaal hoe vinnig die trade in die groen hardloop).

Die teorie kan baie eenvoudig getoets word deur 'n arbitrary trade in te sit en te meet hoe lank dit neem vir die trade om positief te raak.

As dit nie convincing genoeg is nie, doen dit 'n duisend keer. Feit bly dat een of ander tyd moet die trade positief raak.. (okay, 97% van die tyd).. Vraag is net hoeveel stress kan jy hanteer as jy sien dat jou trades deur die vloer gaan.. Het jy die gedult en geloof om te wag vir die uiteindelike positiewe resultate?

I am claiming nothing.. The only claim I have is that closed position statement that i am showing at the bottom of my last 30 trades..
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 210 KB
  • #71
  • Oct 23, 2007 10:30am Oct 23, 2007 10:30am
I started trading about seven months ago. did well on demo, funded my real account, doubled it in two months, blew it, opened another, made some money, blew 60% of it.
in this period i gathered experience, developed my rules, learnt what i had to learn and discovered that the major rules to sucess are- always trading with the longterm(one-day) trend, keeping it small, learning not to cut short your profits, and having the guts to close out your losing trades when you've gone against your rules and its hitting you hard.

I discovered that that most of us traders know the right thing to do, know what not to do but we end up doing the wrong things and thats why we fail. the successful 95% of traders do not have two heads. what they do is just sticking to the rules, doing what is right and trading with discipline.

Know what, it took me four montrhs of constant reading and blowing up accounts to discover this and since then, I've been making money. in the last three months, I have returned 180% on my trading accounts and I am getting better and better at the game.
You will, too If you are determined to get there.

And that my bit.
  • #72
  • Oct 23, 2007 2:50pm Oct 23, 2007 2:50pm
Quoting klasvakie
Thankyou John

Do you know anything about the ZRC system? Is it worth while. Saw it there on Aziz's post..

Rudolf
I am not allowed to say much here in this forum.
The only thing I can say is that it is making me money everyday.
You can find the details on their website.
I am also not allowed to give out the website address.
You can search for it on Google.
Good Luck !

John
Winning is a Great Feeling!
  • #73
  • Oct 23, 2007 3:50pm Oct 23, 2007 3:50pm
Quoting mike w
Hi everybody, my name is Mike W. Im a fairly new trader and I've had some crazy times with forex. haha. Right now im in the hole pretty bad but im not giving this up for anything. i thought id start a forum to see how everyone is doing trading forex. lets hear some success stories to get morale up!
Well Mike, Here is my Success Story for Monday the 22nd October 2007.
I had a Great Day Yesterday. Got 238 pips profit, but had to devote long hours. Me and my wife took turn to keep monitoring the market.

Today I am also up 200 pips at the time of writing this.

Can anyone tell me what was the reason of GBP falling down against the USD yesterday?
It fell from 2.0535 to 2.0257, a drop of 278 pips.
Today it has Retraced back to 2.0515.

I shall try to attach my trading chart for yesterday.
How many of you got more than 200 pips yesterday?

Good Luck

John
Attached Image (click to enlarge)
Click to Enlarge Name: 22ndoct.PNG Size: 33 KB
Winning is a Great Feeling!
  • #74
  • Oct 23, 2007 4:58pm Oct 23, 2007 4:58pm
I want to bring up the topic of "Percentage" instead of "PIPS" Most traders loose because they do get Greedy and Fear is a huge problem I have fallen into it myself. I quit looking at Pips and started to focus on %. How much Percent did I make on my acct this month. I ask myself that Question every month. I have a system that gets me about 600-800 pips a month (I trade 4 currency pairs) but I dont look at that as being $6,000 -$8,000 per month like most traders see it. I see it as about 15-20% increase on my money.

If I take a $1,000 Acct and get 600 pips i would get about $180 USD a month thats 18% increase and thats only trading .30 cents per pip. Very low risk is on the table with these trades yet month after month I can increase my acct by 15-20% and overtime you will soon see the success come from being diciplined in your trading. its seems small now but do the math and you will see that your .30 cents per pip soon turns into $3.00 per pips them soon enough you are making that insane amount of maney that got you into the forex to begin with.

The problem with traders is they dream the dream..."If I can make $250.00 a day in FX then I can quit my job" or "All I need is to get 100 pips a week and I'll be set"
I say start slow find a system that works and stick with it. you can read all over this forum of people changing and adding to thier systems i say stick with it if you are seeing success and just let it work for you.

I establish a target and a stop every time i place that trade. I stay to my rules so if it geos agaist me its not my fault and i cant get emotional about it I consistantly trade with 75% accraccy so i know 7 out of 10 trades im going to make a good amount of money. Leave the emotions out of it or you will never be successful.

Hope this helps the new traders out there.
I have traded for 2 years now and still don't rely on the Forex to feed my family but it does help getting me some extra money to play with every month I have started to increase my leverege and yes soon enough will be a full time trader but i was taught early to never depend on your trading account to pay the bills thats when that FEAR and GREED creap in.

thanks

M4X
M4X............ Hedging My Way To Profits!
  • #75
  • Oct 23, 2007 4:59pm Oct 23, 2007 4:59pm
Heres a days success story...

yesterday...gbp$ -120pips, euro$ -80pips...total 200 pips lost on the crash.

Today on the bounce....gbp +200pips, euro$ +100pips, nzd$ +100pips....total 400pips and holding with s/l's moved up for +50 locked in across the 3 total.

Long term success story....The old schoolers here know me from when I first started. James16 and I were the original 2 that started FFJ. I became a full time day trader and am still full time. But now my positions are more than just day trades. Day trading was way too stressful. And taking signals off of the daily charts has proven for me to be very accurate low risk trades. (accept for yesterday)

My thread was the most read until a guy came along with poor win% but took majority of readers because the title of his thread was attractive, and it was set up like a free signal service. But only 35% wins.
I maintained most of the time 75% or better. And still do. After some time FFJ became over crowded so I discontinued my thread. No need for it now. As you grow in your trading you lose the need to "prove your self" to others and your self. Thats what I feel like the trade journals are really there for. I prefer to pop in every now and then, and give some good advise and market direction.

The guys that know my trade history know that when I post a direction, it usually happens. Especially when the market is confusing every one else.

Happy trades to all, and to all much wealth


Dave
  • #76
  • Edited 9:32pm Oct 24, 2007 9:23pm | Edited 9:32pm
  •  TrevA
  • | Joined Oct 2007 | Status: my brain has a mind of its own | 166 Posts
If you're new to Forex then don't loose heart by the seemingly difficult path ahead. Be patient with yourself, learn everything about trading and most importantly, learn everything about yourself.

I trade Forex every day and average between 150-200 pips clear. This has become normal trading for me. My levels of intuition are heightened and I can anticipate changes in trend by subtle changes in upward or downward momentum.

What is my system? Moving averages, daily pivots, support/resistance and intuition. I don't believe in MACD or any other indicator. I trade in the 15 minute window but keep track of broader trends by watching the 1H, 4H and 1D charts. I don't use stops nor do I leave trades unattended so stand ready to exit any positions that move against me.

I prefer to trade the EUR/JPY and AUD/JPY because the suit my capitalisation and move about 150 pips up or down each day.

If you're wondering why I'm not a 1KT member? I can't be bothered with the label but am happy to help anybody who would like to improve their trading hence my participation in this forum.

I have been following this forum for a long time but have recently registered for the fist time because a new trader raised a compelling question.

I'll soon be posting my trades as they occur, live onto a website for those interested in mirroring my trades. Let me know if you're interested in following my trades.

Good luck and wisdom

TrevA
  • #77
  • Oct 25, 2007 12:42pm Oct 25, 2007 12:42pm
Quoting M4X
I have a system that gets me about 600-800 pips a month
Quoting M4X
I consistantly trade with 75% accraccy so i know 7 out of 10 trades im going to make a good amount of money.
M4X, if you have a system that averages 600-800 pips a month and you consistently trade with a 75% accuracy, then why in the world are you only trading .30 cents per pip?? I can understand not getting too risky by trying to trade $10 per pip, but with the amount of pips you are making and also with your high accuracy %, I would be at least trading $1 per pip.
"Trading is a mental sport." - Ziad Masri
  • #78
  • Oct 25, 2007 12:45pm Oct 25, 2007 12:45pm
Quoting TrevA
If you're wondering why I'm not a 1KT member? I can't be bothered with the label but am happy to help anybody who would like to improve their trading hence my participation in this forum.

TrevA, what is a "1KT member"?
"Trading is a mental sport." - Ziad Masri
  • #79
  • Oct 25, 2007 3:00pm Oct 25, 2007 3:00pm
Quoting TrevA
If you're new to Forex then don't loose heart by the seemingly difficult path ahead. Be patient with yourself, learn everything about trading and most importantly, learn everything about yourself.

I trade Forex every day and average between 150-200 pips clear. This has become normal trading for me. My levels of intuition are heightened and I can anticipate changes in trend by subtle changes in upward or downward momentum.

What is my system? Moving averages, daily pivots, support/resistance and intuition. I don't believe in MACD or any other indicator. I trade in the 15 minute window but keep track of broader trends by watching the 1H, 4H and 1D charts. I don't use stops nor do I leave trades unattended so stand ready to exit any positions that move against me.

I prefer to trade the EUR/JPY and AUD/JPY because the suit my capitalisation and move about 150 pips up or down each day.

If you're wondering why I'm not a 1KT member? I can't be bothered with the label but am happy to help anybody who would like to improve their trading hence my participation in this forum.

I have been following this forum for a long time but have recently registered for the fist time because a new trader raised a compelling question.

I'll soon be posting my trades as they occur, live onto a website for those interested in mirroring my trades. Let me know if you're interested in following my trades.

Good luck and wisdom

TrevA
When will you be posting your trades and what time zone do you live and trade in????
  • #80
  • Oct 25, 2007 5:40pm Oct 25, 2007 5:40pm
  •  TrevA
  • | Joined Oct 2007 | Status: my brain has a mind of its own | 166 Posts
Quoting flash09
When will you be posting your trades and what time zone do you live and trade in????
I'm currently in Argentina and am writing a small program to automatically publish my trades as they happen. Once the program is written then I'll let you know where to get the feed.
0 traders viewing now