I need an opinion plz

I don't think it a good state of mind. He even call trading method that require money management and lot size management CRAZY. I think what is crazy is when there is none of those. I have seen many traders that are successful that don't say how many pips they earn because it does not mean much. Well some of them will say it but sure not when they are ask they way this person ask. Even worst when people tried to help this member he just attack them Interesting way to ask for help.

Patkan i am a forex beginner and don´t be trading for to long (maybe 2-3 month now). Let me tell you that i have learned and briefed myself about market dynamics, money management for long time before i came up with my first live depot. I opened a depot with about 5.000 K and all i wanted to do is make some pips, but reality showed me after a week of trading how to make a 200 bucks out of 5.000 . Now after some further month of reasearch i learned that i not even took care about the basics like how much risk i will take with opening a position (sometimes had opened position with more than 10,00 % risk) or not even had a basic/simple strategy i could follow. Now i do have one and testing it allready for a couple of weeks and i do make a litle percentage profit on my positions and i do only trade with a leverage of 1:10 so my account is still there after some days

Before that, i also bought some systems who told me to make 500-1000 Pips in a month but if was stupid to follow them. Sure if you do have lot´s of disciplin may you able to make some pips with such systems but long-term you will lose what you made and your holy pips are gone, that reality dude. If it would be that easy, everyone would be a trader and have lot´s of supermodels and free drinks. But don´t believe firms that will guarantee something like that to you. They don´t care about you and your trading payoff.

So if you think trading is about how much pips you will able to make if you buy some signals you better go back to school. Learn about market dynamics, risk management, money management and learn about your self. And don´t trust theese so called "experts" that guarantee overnight success to you.

And please don´t ask people in this forums how much pips they make, like someone said before that has nothing to do with the hole thing at all. Trader A can make 10.000 Pips/month but his payoff will be the same as Trader B who just made a few pips... So don´t be stupid man.

Best post of the thread. Congratz!

Landsman! ^^

Bottom line here is that I don't think that one exists. The way I learned to trade and generate my own signals was to get to know some of the traders here on FF. Read their journals and be brave enough to ask dumb questions. I set up my own trades off daily charts every day and post them here on FF. Some execute and some expire. Some more thoughts. Set up a demo acct and trade some of these calls from some of the journals that you see. More often than not there is some valuable information posted on how the trader decides where to place an order. This is usually on their first post in their journal. A journal that is updated regularly will show that a trader is serious about sharpening their craft. This is not a business where you can pay someone to give you signals that will be profitable. Entry is only a small portion of the trade. You must know what you will do when that trade starts moving and when you will exit. You must also manage your risk and money. Hope this helps.

great post KissFan!

I agree good post from Kissfan. Entry is the first part of the battle and the classic 2nd part of the battle is when you're in the trade, you're up and you don't know how long to stay in.

hi all

first I apologize for talking this way to you in my last post
I don't have any excuse to do so ..

i understood that you recommend me learning and trading, i am with this .. but lets forget the pips for a while, lets talk percentage, How much percent you account is increasing per month ? and does it cover you expenses if you trade 24/24 without any other work ?

thank you and good luck to all

p.s:i just found a new company forex-killer, anyone tested it ?

How much I make? I can only tell you that after the fact of course.
No one can tell how much they make because its not like making hamburgers!
You have to smack your self in the face to get that thinking out of your head.
Anyway you can cover your lifestyle with 1% p.A if you have 100 Million.
So your question is stupid.