THE HOLY GRAIL OF FOREX:
$500 TO $1,000,000 IN LESS THAN 3 YEARS
When we truly believe in something it possible to throw everything you have at whether it is money or time or both. When I first heard about Forex and it’s $1.9 Trillion a day turnover I saw big $$$$ signs in my eyes. I wanted a share of it!
I couldn’t stop thinking of all those numbers all that profit and how many pips could I get. I studied up, got a demo account with $50,000 (wow like I am lucky to have $500.00 bucks) Over the month I made some and lost a lot. Every time I thought the market would move on a chart guess what it did? It went the other way of course. Should I trade by making my decision on what way a trade would go and just go the opposite? No of course not because that would go against every instinct, but I did anyhow and lost.
That didn’t stop me however. I went back and studied more about patterns in charts and signals as well how much the market was affected by news. I tried many demos and tried many different methods and just got more confused some worked and some didn’t.
I first tried searching for the Holy Grail of Forex about 2 years ago. I stumbled upon it in the early stages, but I ignored it for it’s slowness in getting started (I used to have not much patience in the forex market. A big NO NO!
I had started off steadily using my mostly ignored study and was having 100% trade success. But I greedy greedy greedy. I wanted to be able to catch big moves in currency trades on more than one pair, and thought I could do this on a $250 live account. (Hahahahaha) Well I did and I didn’t, eventually after a few months of endlessly watching the markets, staying up late at night to defend positions, (violent swings, bad news, stock market activity etc etc etc) not just for days but months. Then I had to insert more money to defend losing trades, because I was foolish and didn’t use any stops. (What was I? FOOLISH FOOLISH FOOLISH) not to mention extremely reckless.
I am a bad trader. What made me a bad trader?
1J NO DISIPLINE
2J NOT ENOUGH KNOWLEDGE
3J EMOTION TAKING CONTROL (or is it out of control)
4J NOT USING STOPS
5J TRYING TO PREDICT THE MARKETS
6J READING TOO MANY REPORTS (Confusion reigns supreme)
7J FAILING TO FOLLOW BASIC TECHNICAL & FUNDEMENTAL PRINCIPLES
8J KEPT POURING PETROL ON A BURNING FIRE (adding more cash)
There are probably many more, but these are enough to warn the average guy in the street this is not a get rich quick zone. I work three jobs and I believed Forex would help me strife instantly. It didn’t
For someone like myself who is not a good trader, but believes there is money to be made. I don’t want to constantly be at my screen, I don’t want the stress that goes with a trade. So I had to find the Holy Grail, and stick to it. (this time no room for deviation. Total discipline!)
I want a system that will give me a 100% success rate.
I want a system that requires less than 2 minutes a day of my time.
I want a system that concentrates on one pair only.
I want a system that uses a single limit.
I don’t want to spend hours reading reports, signals, charts, indicators.
I don’t want to sit at a screen forever.
I don’t want to work forever.
So after losing thousands of dollars (money I didn’t have really) I have learnt discipline and patience. Not to try and predict the direction of the market. I cannot afford to trade outside my system. If I am watching the market and see an opportunity I have just instantly turn off my computer and walk away. It is not possible to carry out any other trades apart from the one pair and the system rules. (deviate from a plan and you will LOSE)
The story is longer and a lot more desperate than it sounds, but for time I will move on.
I will post weekly the progress report via my live account with an opening balance of $500. I have been a good boy for 11 days with 11 winners. Small as they maybe the amount will snowball as the system works its magic. Watch and see)
NOW FOR THE BAD NEWS:
Whatever you think I have my reasons for this. Too many people using it could possibly have an adverse effect on the market. (Similar to Forex Bastards.com free news signal) I want to see it work and unfold in a newsgroup atmosphere for 12 months and after that I don’t know. Let’s see what happens.
Because I am trying to limit my Forex time to 2 minutes a day. I cannot answer any questions about what it is and how the system operates. (nothing personal and no exceptions) I will post reports only at the close of trading each week. I have 2 years of study and two years of financial pain and stress in this.
Remember this is my log. It is for my benefit to see this grow and grow well.
$500.00 to $1,000.000 in less than 3 years (suits me.)
Let’s GO ….
WEEK 1 - WEEK 2 - WEEK 3:
$500 TO $1,000,000 IN LESS THAN 3 YEARS
When we truly believe in something it possible to throw everything you have at whether it is money or time or both. When I first heard about Forex and it’s $1.9 Trillion a day turnover I saw big $$$$ signs in my eyes. I wanted a share of it!
I couldn’t stop thinking of all those numbers all that profit and how many pips could I get. I studied up, got a demo account with $50,000 (wow like I am lucky to have $500.00 bucks) Over the month I made some and lost a lot. Every time I thought the market would move on a chart guess what it did? It went the other way of course. Should I trade by making my decision on what way a trade would go and just go the opposite? No of course not because that would go against every instinct, but I did anyhow and lost.
That didn’t stop me however. I went back and studied more about patterns in charts and signals as well how much the market was affected by news. I tried many demos and tried many different methods and just got more confused some worked and some didn’t.
I first tried searching for the Holy Grail of Forex about 2 years ago. I stumbled upon it in the early stages, but I ignored it for it’s slowness in getting started (I used to have not much patience in the forex market. A big NO NO!
I had started off steadily using my mostly ignored study and was having 100% trade success. But I greedy greedy greedy. I wanted to be able to catch big moves in currency trades on more than one pair, and thought I could do this on a $250 live account. (Hahahahaha) Well I did and I didn’t, eventually after a few months of endlessly watching the markets, staying up late at night to defend positions, (violent swings, bad news, stock market activity etc etc etc) not just for days but months. Then I had to insert more money to defend losing trades, because I was foolish and didn’t use any stops. (What was I? FOOLISH FOOLISH FOOLISH) not to mention extremely reckless.
I am a bad trader. What made me a bad trader?
1J NO DISIPLINE
2J NOT ENOUGH KNOWLEDGE
3J EMOTION TAKING CONTROL (or is it out of control)
4J NOT USING STOPS
5J TRYING TO PREDICT THE MARKETS
6J READING TOO MANY REPORTS (Confusion reigns supreme)
7J FAILING TO FOLLOW BASIC TECHNICAL & FUNDEMENTAL PRINCIPLES
8J KEPT POURING PETROL ON A BURNING FIRE (adding more cash)
There are probably many more, but these are enough to warn the average guy in the street this is not a get rich quick zone. I work three jobs and I believed Forex would help me strife instantly. It didn’t
For someone like myself who is not a good trader, but believes there is money to be made. I don’t want to constantly be at my screen, I don’t want the stress that goes with a trade. So I had to find the Holy Grail, and stick to it. (this time no room for deviation. Total discipline!)
I want a system that will give me a 100% success rate.
I want a system that requires less than 2 minutes a day of my time.
I want a system that concentrates on one pair only.
I want a system that uses a single limit.
I don’t want to spend hours reading reports, signals, charts, indicators.
I don’t want to sit at a screen forever.
I don’t want to work forever.
So after losing thousands of dollars (money I didn’t have really) I have learnt discipline and patience. Not to try and predict the direction of the market. I cannot afford to trade outside my system. If I am watching the market and see an opportunity I have just instantly turn off my computer and walk away. It is not possible to carry out any other trades apart from the one pair and the system rules. (deviate from a plan and you will LOSE)
The story is longer and a lot more desperate than it sounds, but for time I will move on.
I will post weekly the progress report via my live account with an opening balance of $500. I have been a good boy for 11 days with 11 winners. Small as they maybe the amount will snowball as the system works its magic. Watch and see)
NOW FOR THE BAD NEWS:
Whatever you think I have my reasons for this. Too many people using it could possibly have an adverse effect on the market. (Similar to Forex Bastards.com free news signal) I want to see it work and unfold in a newsgroup atmosphere for 12 months and after that I don’t know. Let’s see what happens.
Because I am trying to limit my Forex time to 2 minutes a day. I cannot answer any questions about what it is and how the system operates. (nothing personal and no exceptions) I will post reports only at the close of trading each week. I have 2 years of study and two years of financial pain and stress in this.
Remember this is my log. It is for my benefit to see this grow and grow well.
$500.00 to $1,000.000 in less than 3 years (suits me.)
Let’s GO ….
WEEK 1 - WEEK 2 - WEEK 3:
Attached Image(s) (click to enlarge)
" THE BRAIN IS LIKE A PARACHUTE ... WORKS BEST WHEN OPEN "
Still it's relatively high unless you're trading the 1-5-15 min with a few pips to a few tens of pips per trade.
