the Survival of my $220.99 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

$220 to $3000 by end of 2012 8 replies

Disapearing Indicators in Mt4 build 220? 12 replies

Battle for Stock Market Profits vs Battle for Investment Survival 0 replies

Small Facts That are Vital For Survival 17 replies

Attachments: the Survival of my $220.99
Exit Attachments

the Survival of my $220.99

  • #1
  • First Post: Jan 1, 2008 6:20pm Jan 1, 2008 6:20pm
assalamualaikum and hello to my threads visitor

currently i am new to forex, im having so much losses than winning
hehah well, i never give up

after reading most journal here, i've decided to start my own journal and stating my tiny survival of $220.99 hehe

i trade using marketiva platform (which this is the only platform i have right now). will upgrade to bigger platform only when i have very2 big capital

good luck to me and hope this 2008 kindly gives me more green than red :
Attached Image
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #2
  • Jan 1, 2008 6:25pm Jan 1, 2008 6:25pm
Good luck. You should probably trade smaller. Your current trade is 11:1 leverage. Anyway - up to you.
  • #3
  • Jan 1, 2008 6:42pm Jan 1, 2008 6:42pm
oh is it? hehah
i still don't know much bout that leverage
actually how much % should i open from my margin?

seems now i have open more than 5% from my balance and floating like hell
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #4
  • Jan 1, 2008 7:27pm Jan 1, 2008 7:27pm
your trade is 1200 gbp/jpy. 1200 gbp is 1200 X 1.98 (current rate) = 2376 usd. 2376 / 221 (your balance) = 10.75.
  • #5
  • Jan 1, 2008 9:34pm Jan 1, 2008 9:34pm
Quoting JustLookin
your trade is 1200 gbp/jpy. 1200 gbp is 1200 X 1.98 (current rate) = 2376 usd. 2376 / 221 (your balance) = 10.75.
i am not so clear..
u mean i only can open 1075 quantity only to trade? (safeway?)
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #6
  • Jan 1, 2008 10:08pm Jan 1, 2008 10:08pm
Please tell me that you have some experience or training in the forex
  • #7
  • Jan 1, 2008 10:21pm Jan 1, 2008 10:21pm
I don't think so................!!!!

Quoting WHTenn
Please tell me that you have some experience or training in the forex
  • #8
  • Jan 2, 2008 3:09am Jan 2, 2008 3:09am
Quoting WHTenn
Please tell me that you have some experience or training in the forex
so far, i never attend any training/class..
experience? hehe playying with my virtual, and 1-2 months with live account
just try and error (but mostly was error
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #9
  • Edited 5:15pm Jan 2, 2008 4:59pm | Edited 5:15pm
yay~.. marketiva open today.. and i online around
6.30am (GMT+8)
and my floating became more hell! heheh
here i post the current situation of the
position, prices and account

pretty scary or pretty dumb!
i don't know..

what shud i do... shud i close it or shud i stay?
Attached Image (click to enlarge)
Click to Enlarge Name: current 01032008.JPG Size: 59 KB
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #10
  • Jan 2, 2008 5:18pm Jan 2, 2008 5:18pm
mate get down to babypips and read through the lessons then choose a simple effective trading system like "3 ducks". Maybe then you can start to recoup some losses. Good luck
  • #11
  • Jan 2, 2008 5:24pm Jan 2, 2008 5:24pm
Quoting cryten
mate get down to babypips and read through the lessons then choose a simple effective trading system like "3 ducks". Maybe then you can start to recoup some losses. Good luck
thank you for the tips. i will go there

ps* i will update my survival in daily result
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #12
  • Jan 2, 2008 7:05pm Jan 2, 2008 7:05pm

can this be use?
Attached Image (click to enlarge)
Click to Enlarge Name: 01032008mt.JPG Size: 131 KB
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #13
  • Jan 2, 2008 7:52pm Jan 2, 2008 7:52pm
if only i can be this good
Attached Image (click to enlarge)
Click to Enlarge Name: 1.JPG Size: 89 KB
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #14
  • Jan 2, 2008 10:56pm Jan 2, 2008 10:56pm
heheh a bit update on my loses
currently i'm -3.36% from 220.99
ouch~
Attached Image
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #15
  • Jan 2, 2008 11:21pm Jan 2, 2008 11:21pm
"Before you get in, know where you are getting out." - Jack D. Schagger
  • #16
  • Jan 2, 2008 11:28pm Jan 2, 2008 11:28pm
Quoting ssherwood76
"Before you get in, know where you are getting out." - Jack D. Schagger
yeap, i wish i can learn that asap
seems like i'm killing my 220.99
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #17
  • Jan 3, 2008 1:15am Jan 3, 2008 1:15am
Do you have some more money to put in...???

Quoting winredpips
yeap, i wish i can learn that asap
seems like i'm killing my 220.99
  • #18
  • Jan 3, 2008 1:17am Jan 3, 2008 1:17am
Quoting Tiki Trader
Do you have some more money to put in...???
this is only the budget i have for the journal.. (for this while)
dunno yet when im going to have extra budget
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #19
  • Jan 3, 2008 11:04am Jan 3, 2008 11:04am
getting worst more worst!
is there anyone can give me tips to control emotions,
or how to keep emotion in the box while trading?

currently i'm -11.26% from 220.99~ it's dying X|
Attached Image
winREDpips $220.99 survival currently -93.97% prev -96.22%
  • #20
  • Jan 3, 2008 11:38am Jan 3, 2008 11:38am
Hi

Its all up to you what you do, but I might would do the following ....

1st
See if you can get even now on your trades or even out and take the loss

2nd
read the complete babypips and all the new-bee stuff here on the board
especially the part on Leverage and not use more then 1-2% .....

3rd
Buy Trading in the Zone read it many times .... You will never understand it on the first read.

my 2 pips and good luck to you
0 traders viewing now