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CNBC FXCM free $25

  • #21
  • Edited 1:40am Jan 18, 2009 1:10am | Edited 1:40am
Quoting qweabc
I'd rather spend that 25 or 50 or 100 dollars on eating out or something than put it into the market with a very small likelihood of making it big.

Clockwork - I guess the noobs can understand what the hell Im trying to tell them.
you obviously don't have what it takes to be a 'real' trader.. . I think the majority here are dedicated, and motivated to make money.. afterall, this is a business, isn't it?? you have ALREADY LOST with that attitude.

Cheers
lowest draw down possible please.
  • #22
  • Jan 18, 2009 3:04am Jan 18, 2009 3:04am
Quoting ehrek
you obviously don't have what it takes to be a 'real' trader.. . I think the majority here are dedicated, and motivated to make money.. afterall, this is a business, isn't it?? you have ALREADY LOST with that attitude.

Cheers

errr...ok. Im in the business of trading. Working for a large trading house. I get training from some of the biggest traders in the derivatives world. If you can't understand risk, you are wasting your time, money and effort. So if you think that a little money traded with high risk isn't a problem because worst case, you lose 100 dollars, then you are the one wasting time, money and effort. I dont give a flying F about the money. My psychology is more imp to me, and I can't screw that up.
  • #23
  • Jan 18, 2009 3:07am Jan 18, 2009 3:07am
Quoting ehrek
you obviously don't have what it takes to be a 'real' trader.. . I think the majority here are dedicated, and motivated to make money.. afterall, this is a business, isn't it?? you have ALREADY LOST with that attitude.

Cheers
majority? 95% of these people wont make it. Some will be smart n quit early (cut your losses) and the others will keep trying. And one day, they'll end up on the streets. This is the sad reality of the game. Im not trying to be mean here, just stating some facts. And considering the statistics, I dont think it would be too wise for me to get any exposure to trading without MM.
  • #24
  • Jan 18, 2009 3:11am Jan 18, 2009 3:11am
I could be among that 95% btw. I'm not trying to start an e-fight here. Just stating some facts.
  • #25
  • Jan 18, 2009 3:16am Jan 18, 2009 3:16am
Quoting qweabc
I believe most brokers do the whole you put some money in, and we'll give you some more for free thing. I cant think of anyone who gives free cash to start off.
CMS Forex once offered 500$ Free Start-Up.
You had to trade 30 round turns in order to withdraw.
  • #26
  • Jan 18, 2009 3:17am Jan 18, 2009 3:17am
Quoting qweabc
errr...ok. Im in the business of trading. Working for a large trading house. I get training from some of the biggest traders in the derivatives world. If you can't understand risk, you are wasting your time, money and effort. So if you think that a little money traded with high risk isn't a problem because worst case, you lose 100 dollars, then you are the one wasting time, money and effort. I dont give a flying F about the money. My psychology is more imp to me, and I can't screw that up.
Heh, please - don't scholar me I have doubled and tripled my accounts in minimal timeframe using calculated risk?(not so much, because i Know what im doing)/leverage .. I know all about it

Why don't you leave the $2500USD in the account - give me the username/pass and let me double that sunday night and lets split the profit...

Cheers
lowest draw down possible please.
  • #27
  • Jan 18, 2009 3:20am Jan 18, 2009 3:20am
Quoting qweabc
I could be among that 95% btw. I'm not trying to start an e-fight here. Just stating some facts.
Me neither - its just that kind of attitude stinks! you don't have to be that 95%..
lowest draw down possible please.
  • #28
  • Jan 18, 2009 4:22am Jan 18, 2009 4:22am
those guys on the list with million dollar portfolio, is it true? lol
  • #29
  • Jan 18, 2009 4:42am Jan 18, 2009 4:42am
Quoting ehrek
Heh, please - don't scholar me I have doubled and tripled my accounts in minimal timeframe using calculated risk?(not so much, because i Know what im doing)/leverage .. I know all about it

Why don't you leave the $2500USD in the account - give me the username/pass and let me double that sunday night and lets split the profit...

Cheers

lol. that wasn't for you btw. Don't flatter yourself. I'm trying to help out those who still don't understand MM. If you do, thats great! If you want to continue this pointless discussion, feel free to do so. I wont be responding.
  • #30
  • Jan 18, 2009 4:45am Jan 18, 2009 4:45am
Quoting ehrek
Me neither - its just that kind of attitude stinks! you don't have to be that 95%..
I take it that you've never read anything on human psychology or how it relates to trading. (Keyword: overconfidence) This is proven research, and not a figment of my imagination. Unfortunately, I can't say the same about your "theory". I hope you find a better way to waste your time. Because I have, and that does not include continuing this discussion. (hint)
  • #31
  • Jan 18, 2009 4:45am Jan 18, 2009 4:45am
Quoting mirex
those guys on the list with million dollar portfolio, is it true? lol
You mean the CNBC? I think they start off with like 100k fake money.
  • #32
  • Jan 18, 2009 4:52am Jan 18, 2009 4:52am
those who think im BSing about working for a large trading desk, feel free to check my previous posts. Ive mentioned this before, and didn't make this up to bump up my credibility in this thread. Unfortunately, I cant give out details. Wouldn't want my boss to chop off my plums.
  • #33
  • Jan 18, 2009 5:28pm Jan 18, 2009 5:28pm
I guess I can consider myself overconfident, arrogant, and cocky.. then again, I'm 24 years old - own my own car dealership (specializing in enthusiast type vehicles, 350z, s2000's, STi's, E46 M3s, Range rovers, etc etc) and have been doing so for the past 3 years - making hundreds of thousands of dollars.. I started it with a 50,000$ inheritance when i was 21 - after listening to all the naysayers.. how it can't be done. All my friends are working boring office jobs, or working @ factories... while I am vacationing with my wife and 4 year old son,..

200 pips on the euro/usd gbp/usd breakout just recently.. was waiting for it all weekend.

Cheers.
lowest draw down possible please.
  • #34
  • Jan 18, 2009 5:32pm Jan 18, 2009 5:32pm
Quoting ehrek
I guess I can consider myself overconfident, arrogant, and cocky.. then again, I'm 24 years old - own my own car dealership (specializing in enthusiast type vehicles, 350z, s2000's, STi's, E46 M3s, Range rovers, etc etc) and have been doing so for the past 3 years - making hundreds of thousands of dollars.. I started it with a 50,000$ inheritance when i was 21 - after listening to all the naysayers.. how it can't be done. All my friends are working boring office jobs, or working @ factories... while I am vacationing with my wife and 4 year old son,...
how much can you get me one of those new supercharged range rovers for?
  • #35
  • Jan 18, 2009 5:42pm Jan 18, 2009 5:42pm
Quoting rogerdoger
how much can you get me one of those new supercharged range rovers for?
I'm in Canada Roger, don't know If i can be much help for you.. - I usually pick up 04's for low 20's @ CDN Auctions.

I used to travel to Pennsylvania to the Manheim auction (worlds biggest car auction..) but the CDN dollar took a big shit, so its not worthwhile anymore, and I have lost my account to access their inventory. I flooded the Canadian market with Mitsubishi EVO's when they lifted the ban in Canada just this last summer.. it was INSANE.. I couldn't keep up with the demand.

I'm assuming 06-07's would be going for high 30s, mid 40's? the luxury car market has taken a HUGE HUGE hit.. deprecation of 40-60%..

2 months ago I purchased a mint off lease 06 M5 22,000miles for a customer of mine for $42,000USD...
lowest draw down possible please.
  • #36
  • Jan 18, 2009 6:51pm Jan 18, 2009 6:51pm
ehrek, u talk negativly bout ur friends tht work boring jobs and talk like a big headed ass. But dnt forget u wud be where ur friends are if it wasnt for the inheritance.
Respect is due for actually creating gd fortune from that opportunity u was given, but dont talk down bout people, and get off ur high horse.
  • #37
  • Jan 18, 2009 11:18pm Jan 18, 2009 11:18pm
The $25 account is great especially with the 400/1 leverage. Twice i have had it up to around $300 only to go back down. Anyone can sign up at fxmicro. In fact you can sign up as many accounts as you like if you know how to change your ip address.
History is written by the victors.
  • #38
  • Jan 19, 2009 1:41am Jan 19, 2009 1:41am
GBP/JPY dropped 128 pips, and GPB/USD close to 100.. right @ london open..

I could have doubled your money (like I said I would..) !!! I know I made a nice chunk of change..

I'm done for the night, twas a good 10 minutes of trading.

CHEERS!
lowest draw down possible please.
  • #39
  • Jan 20, 2009 7:09pm Jan 20, 2009 7:09pm
$25 into 2400 in 3 weeks? The free $25 is in a micro account, not a mini account (You said she was trading 8 mini lots).

Since if you only trade 2 lots, you will be required 5 dollars of margin.. She must have gotten extremely lucky over and over and over... and over...
  • #40
  • Jan 20, 2009 8:58pm Jan 20, 2009 8:58pm
Quoting ehrek
GBP/JPY dropped 128 pips, and GPB/USD close to 100.. right @ london open..

I could have doubled your money (like I said I would..) !!! I know I made a nice chunk of change..

I'm done for the night, twas a good 10 minutes of trading.

CHEERS!
Nice.

I'm still learning and practicing myself and sometimes its torture when I do good and its not real money and the waiting can be pretty maddening, but I'm becoming more patient. Patience is an important trait for this business I've learned.
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