Am I the only one ? | Forex Factory

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Am I the only one ?

  • #1
  • First Post: Mar 16, 2009 4:03pm Mar 16, 2009 4:03pm
I hate to brag, but I must.
A year ago January, I started trading live with a live acct at GFT. I started out by risking way to much on trades, was trading news on ocassion and made a few good trades. But as newstrading took a dive, I ended up with about $400 profit on a $10,000 starting balance after 4 months. At one point I was up by more than $2500.
I started to trade charts and pretty much ignore fundamental data. I ran into a group here on Forex Factory and began trading within a group outside of this forum. It was almost exclusively a charting group using altered indicators. For some time, even scalping was good. I did extreamly well for about 5 months, even considered quiting my full time 75K a year job and trade full time.
Things changed and scalping became so stressful that I started to trade technically using the indicators and custome settings. As teh market (USD/JPY and EUR/JPY) changed their colors, I started changing the settings on the indicators. I had traded with the group, but was doing well without joining in, so I was "deleted" from the group as a user.
I kep trading and for several months was doing ok, turinging $10K into $22K in about 7 months.
Sometime at the end of the 9th month, I started making longer trades. Sometimes risking more than I should. Sometimes not even looking at my trades for a few days at a time. I was busy at my full time job. I don't know why I started trading like that, but I just did.
I don't know if I am just lucky, probably so. But as I continued to trade 2 and 3 day trades, I suprisingly did very well.

Just today I got checks from 2 of the 3 brokers I use. I'm liquidating all accounts with the exception of one, with the original $10K in it. I am going to take a break in trading for about 6 months and enjoy myself for awhile.

How wel did I do?

$177K

I'm done. I'll see you again in 6 months. I just needed to say I told you so to a few people out there.


Warm regards,

Bristol
"I spilled spot remover on my dog. He's gone now." - Steven Wright
  • #2
  • Mar 16, 2009 4:15pm Mar 16, 2009 4:15pm
Thats great, proves a poiunt to all the doom mongers in FF.

Well done mate!

Quoting bristolxyz
I hate to brag, but I must.
A year ago January, I started trading live with a live acct at GFT. I started out by risking way to much on trades, was trading news on ocassion and made a few good trades. But as newstrading took a dive, I ended up with about $400 profit on a $10,000 starting balance after 4 months. At one point I was up by more than $2500.
I started to trade charts and pretty much ignore fundamental data. I ran into a group here on Forex Factory and began trading within a group outside of this forum. It was almost exclusively a charting...
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #3
  • Mar 16, 2009 4:20pm Mar 16, 2009 4:20pm
Quoting shinny
Thats great, proves a point to all the doom mongers in FF.

Well done mate!
To be fair, it doesnt prove a thing.

Obviously it is possible though.

Edit: Just re-read his post, Going short EJ late last year and 'just leaving it afew days' would have likely made you alot of cash, doesnt meen jack when It comes to long term profit though.
Living the adventure in my head.
  • #4
  • Mar 16, 2009 4:34pm Mar 16, 2009 4:34pm
You said you tried a higher time frame. What tf was it?
  • #5
  • Mar 16, 2009 4:35pm Mar 16, 2009 4:35pm
To be fair, it proves it is possible, as you half said. I started out with a few grand, and now manage a large fund, still learning though.

I guess what I think it boils down to is the belief that you can do it, thats all I am saying.

Cheers

shinny

Quoting Leonlorenzo
To be fair, it doesnt prove a thing.

Obviously it is possible though.

Edit: Just re-read his post, Going short EJ late last year and 'just leaving it afew days' would have likely made you alot of cash, doesnt meen jack when It comes to long term profit though.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #6
  • Mar 16, 2009 4:41pm Mar 16, 2009 4:41pm
well done.. most people over analyze is why we fail. I am glad somebody got some of my money.

The best thing you can do is take your money and relax a bit.. either to never trade again and consider yourself a success, or to start back later on, and hopefully you don't lose any skills you had gained.

I say, congratulations!
  • #7
  • Mar 16, 2009 4:46pm Mar 16, 2009 4:46pm
Maybe you are just really talented.

Or you probably have some super fancy secret indicator.
That must be it! That's at least what most people think. ^^

Congrats!

It's just a matter of time until someone want's to see account statements
and wants to have all the indicators and timeframes you used.
  • #8
  • Mar 16, 2009 5:20pm Mar 16, 2009 5:20pm
Hey buddy

I am happy for you. I am sure the time effort and believing in your decisions ........payed dividends. Hope you have nice time to relax , recharge the batteries and can start trading again. Could you please tell which of following Yen pairs you found ......rewarding? EU/JPY,$/JPY or GBP/GPY?

Take care buddy.........Hope you can start a thread upon your return and share your "magic" .........with the crowd ......
BANDA333
  • #9
  • Mar 16, 2009 5:46pm Mar 16, 2009 5:46pm
so if you need to tell a few people, it's a sign of a lack of self-esteem, which tends to lead itself to a feeling of "needing" to prove oneself. If you feel that, then it might explain why you would "hate" to brag, yet go ahead and do it, when you are not coming back for 6 months.

Hmmm.....wonder how someone would handle themselves in a trade if all of that mattered?

Odd, really.
  • #10
  • Mar 16, 2009 6:12pm Mar 16, 2009 6:12pm
"Can some1 plz share teh EA for thiz system plzzz??? Thanks you sir"

Congrats with the money you won. It's not impossible to double/triple/quadruple your account with the help of high leverage and a lot of luck in short period of time, I know. With so many people who want to become the next Soros, opening their 10k € account without the slightest understanding of something simple as "position sizing", I'm surprised we don't see more stories like this.

The skill may not only be in making crazy returns, it also about knowing when to run the hell away with your gains. Haven't we all made insane returns somewhere in our career and giving most of it back?

As you gain more experience, you rarely find yourself messing around with extreme MM and crazy leverage, but hey I can only speak for myself.
Measure twice, cut once
  • #11
  • Mar 16, 2009 6:26pm Mar 16, 2009 6:26pm
Well done,

Creating a couple of good trades is easy. Consistency creation and being able to keep what we've creted takes skill.

Cheers.
  • #12
  • Mar 16, 2009 6:39pm Mar 16, 2009 6:39pm
No, you're definitely not the only one. I'm up well over 100% in the past 4 months. I'm planning on managing million and billion dollar accounts in the future. If you're able to keep up your rate of return consistently, then the sky is the limit. I always knew there are other very successful forex traders out there but they're keeping their lips tight. It's nice to finally see one share his success story. Good luck and I hope you keep on cashing out on your broker in the future.
  • #13
  • Mar 16, 2009 7:06pm Mar 16, 2009 7:06pm
Quoting clockwork71
so if you need to tell a few people, it's a sign of a lack of self-esteem, which tends to lead itself to a feeling of "needing" to prove oneself. If you feel that, then it might explain why you would "hate" to brag, yet go ahead and do it, when you are not coming back for 6 months.

Hmmm.....wonder how someone would handle themselves in a trade if all of that mattered?

Odd, really.
Gotta say that I agree with clock. I wonder if your investors are aware of your post and if so, how they feel about it?

If I were one of them I'd be screaming "Hey Madoff! I want my Money Now."

On the other hand, If you honestly accomplished what you say, I have a word of warning.

I closed down the 'Close Knit' fund I traded in year Four (4) due to the fact that I was unimpressed by the "We made
35% in the first year;
45% in the second;
How come I only made
25% in the third year? WTF syndrome.

That's about when I really realized the potential of Not Sharing Profits.

Good Luck & I hope you kick it for years to come...

Bemac.

Which, of course, means You are Certainly Not "The Only One."
  • #14
  • Mar 17, 2009 12:22am Mar 17, 2009 12:22am
Quoting bristolxyz
.... I am going to take a break in trading for about 6 months and enjoy myself for awhile.

How well did I do?

$177K

I'm done. I'll see you again in 6 months. I just needed to say I told you so to a few people out there.


Warm regards,

Bristol
Dude,

That rocks !

Ya' know, I think I'll try that this year.
Pump up a couple hundred grand and tell the market "c'ya later" for a few months.

(Lemme pump the 200K first - then the other part)
  • #15
  • Mar 17, 2009 12:46am Mar 17, 2009 12:46am
Quote
I'm done. I'll see you again in 6 months. I just needed to say I told you so to a few people out there.

Who cares?

Why do you feel the need to tell people on a random forum that you are done?

So you are saying you gambled and won money. Wow. Didn't know that was possible. Or maybe you have some need for random people on the internet to congratulate you, boosting your self esteem.

Either way, who cares?
  • #16
  • Mar 17, 2009 6:23am Mar 17, 2009 6:23am
Quoting loa1452
Who cares?

Why do you feel the need to tell people on a random forum that you are done?

So you are saying you gambled and won money. Wow. Didn't know that was possible. Or maybe you have some need for random people on the internet to congratulate you, boosting your self esteem.

Either way, who cares?
you would say the same thing to me. If I ever do what they did, I'd probably announce it to. Maybe it would be because of my lack of self-esteem or maybe because I wanted to give hope to others. We know its possible, but very unlikely to do what they did. Obviously we don't know the real truth, but the post seems genuine. There are so many rude people on forums that I can see Bristol saying they were going to do this or that to try to make a living and being blasted over and over again. In the end, bristol just wanted to say "ha ha I told you so".. It is probably a self-esteem issue, but what's wrong with that? I just don't know why everybody feels the need to go into somebody else's thread and throw off on what they say.
  • #17
  • Mar 17, 2009 10:09am Mar 17, 2009 10:09am
Rather then bitching and complaining like some,

I will just say, "GOOD FOR YOU", enjoy!!

AZ
I found the guy who keeps losing me money. Its "ME" SHOOT HIM!
  • #18
  • Mar 17, 2009 10:26am Mar 17, 2009 10:26am
...you gotta know what you take face-value on a forum and what not.

Besides that its in the 'trading discussion', I personally don't see what's there to discuss about - its a statement which requires no comment. You either believe it or not, period.

regards
daytrading
Enter Signature
  • #19
  • Mar 17, 2009 10:31am Mar 17, 2009 10:31am
SNIFF... and i was proud of my 8% so far... oh well.. LOL
  • #20
  • Mar 21, 2009 4:22am Mar 21, 2009 4:22am
well its an interesting thing clock......it is perhaps a more significant sign of lack of self esteem to attack those who have done well.. what need in yourself does that meet?
All that matters is winning the week
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