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Attachments: Another 90/10% 2 cents
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Another 90/10% 2 cents

  • #1
  • First Post: Aug 19, 2008 2:39am Aug 19, 2008 2:39am
I wanted to enter in this subject again because I saw here many people seeking for holy grails , strategies that gives almost no losses that just doesn't exists.So , first of all , study , and adapt your strategy with yourself , see what you want , what will be necessary for your strategy , if it's indicators , technical analysis , fundamental ones , decide if you are a scalper , day trader.....
Now let's go back to the 90/10 question.Why do those people lose ? You see , in creating a business the % are even higher or quite the same.They loose because what is necessary is persistence , studying , and the famous three M's , Mind Money Method , without one of them , you have nothing , you have to have the three.
Open your charts , analyze the pair , let the position run till the tame you have estimated to close it have a SL , use no more then 5% of your acc , and also a good strategy will help you out.
Please post your comments
  • #2
  • Aug 19, 2008 2:44am Aug 19, 2008 2:44am
just true,
Jesus Christ is my only Lord !
  • #3
  • Aug 19, 2008 3:11am Aug 19, 2008 3:11am
If you want to succeed you will , you just have to have those characteristics , no matter 90% loose 10% win.Le tme make it better.50-70% of the traders have no discipline , 60-80% have no perseverance , almost 80% have no money managment , and 50% have no strategy.If you have those characteristics , you will survive in Forex market , and I can only helo you can not teach you life will teach you
  • #4
  • Aug 19, 2008 5:03am Aug 19, 2008 5:03am
Still the two most important ones are moneymanagement and a good strategy.
If you have both of them you are already on a good road to profit.
  • #5
  • Aug 19, 2008 5:06am Aug 19, 2008 5:06am
most important is patience
lol
  • #6
  • Aug 19, 2008 5:24am Aug 19, 2008 5:24am
Most important are discipline (patience) , money managment , strategy - wich includes technical analysis and fundamental analysis working togheter
Let's not forget a good margin , this way you can get a good MM , and is not kicked of the market
  • #7
  • Aug 19, 2008 5:27am Aug 19, 2008 5:27am
I want to launch this million dollar challenge , starting with just $1.000.
I'm from Brazil , so it is not so easy to get that capital , but I will give you time too to acumulate this $1.000 so we will start to share statements , not to see who is the best , but to improve ourselves , this challenge is valid for 2 years , let's see who can do it , so people who is beggining trading know that it is possible.
So what do you say ?
  • #8
  • Aug 19, 2008 5:52am Aug 19, 2008 5:52am
Quoting FXExpert
I want to launch this million dollar challenge , starting with just $1.000.
I'm from Brazil , so it is not so easy to get that capital , but I will give you time too to acumulate this $1.000 so we will start to share statements , not to see who is the best , but to improve ourselves , this challenge is valid for 2 years , let's see who can do it , so people who is beggining trading know that it is possible.
So what do you say ?
I'm not ready to trade for myselfs
But it's a nice idea in this way eveyrone can share his/her experiences.
I would say bring home those profits!
  • #9
  • Aug 19, 2008 5:56am Aug 19, 2008 5:56am
Everyone that wants to see my demo acc please PM me , I will be happy to share it with you
  • #10
  • Aug 19, 2008 5:58am Aug 19, 2008 5:58am
Very good results Derek , how about we improve that I can teach you lots of things if you want
  • #11
  • Aug 19, 2008 6:24am Aug 19, 2008 6:24am
There is more on Forex that technical indicators , please people create your own strategies stop stealing others ideas , the strategies must be in agree with you.People must open their minds for new horizonts , don't you all agree ?
  • #12
  • Aug 19, 2008 7:16am Aug 19, 2008 7:16am
Quoting FXExpert
Very good results Derek , how about we improve that I can teach you lots of things if you want
I would love that, but I'm not trading on my own.
I would be happy if I mannaged to get these results.
My moneymanager is making these results
But how could you inprove these results?
  • #13
  • Aug 19, 2008 9:11am Aug 19, 2008 9:11am
I couldn't send you PM , send one with your msn please
  • #14
  • Aug 19, 2008 9:23am Aug 19, 2008 9:23am
For everyone I started to test my strategies and will show you results as it follows , monthly , so you can know that is stable , and the long term it is worth it , I will show you some graphs here
  • #15
  • Aug 19, 2008 9:26am Aug 19, 2008 9:26am
This is the daily chart , wich you can see the bears are on it , there is a trend and volume indicators , and some resistence and support

Below you see the H4 still bears in command

Now the M5 , see you don't have to worry about that , it will come back to normal soon , the news messed it up , but soon it is going to be down again , cause the main trend is down , so it tends to be down , the D1 is much stronger then the 5min , but it is composed of the 1min to the D1 , but you have to follow the trend.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Daily.jpg Size: 143 KB
Click to Enlarge Name: H4.jpg Size: 127 KB
Click to Enlarge Name: M5.jpg Size: 136 KB
  • #16
  • Aug 19, 2008 9:45am Aug 19, 2008 9:45am
I propose a challenge , try to guess my age ^^
I started on Forex three years ago
  • #17
  • Aug 19, 2008 10:04am Aug 19, 2008 10:04am
Quoting FXExpert
This is the daily chart , wich you can see the bears are on it , there is a trend and volume indicators , and some resistence and support

Below you see the H4 still bears in command

Now the M5 , see you don't have to worry about that , it will come back to normal soon , the news messed it up , but soon it is going to be down again , cause the main trend is down , so it tends to be down , the D1 is much stronger then the 5min , but it is composed of the 1min to the D1 , but you have to follow the trend.
That is a truly obnoxious chart........ and...NO I can't see the bears past the blinding green background.
Same Whore .... Different Dress
  • #18
  • Aug 19, 2008 10:06am Aug 19, 2008 10:06am
I went directly to the 5min to show you the difference , and I don't know if you can see the indicators , let me check that better

I'm 18
  • #19
  • Aug 19, 2008 10:07am Aug 19, 2008 10:07am
Quoting FXExpert
I propose a challenge , try to guess my age ^^
I started on Forex three years ago
Grow up.....
Same Whore .... Different Dress
  • #20
  • Aug 19, 2008 10:09am Aug 19, 2008 10:09am
Quoting FXExpert
I'm 18
Well that inspires confidence.

I was trading when You were still crapping green..
Same Whore .... Different Dress
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