Please take a look at post #7...
admin did join these two threads.... ;/
Hi forex maniacs ;]
first of all english isn't my mother language so sorry for mistakes../
I'd like to hear some opinions about my wy way of thinking or trade style. |
I'm on forex since sth like 1,5 year.../ 1 year on demo and rest on real $..
what I've noticed ... that daily changes can make you profit even on 100% level.../ so I was trying to find out kinda system and make it real..
For example:
Account - 100-500$
laverage : 1:500 (If you're good in risk managment doesn't matter, But I know well that this is a lil' insane ;] |
Sooo acording to point that we want double our account everyday we have to consider pips size.... if we have 100 or 1000 $ we're still ought to keep risk on the same level, so here are the options...
1.) insane 100$=100pips --> 1pips=1$ || 500$=100pips -->1pips=5$
2.) stupid 200$=200pipś
3.) questionable 300$=300pips
4.) accteptable 500$=500pips -->1pips=1$ || 5000$=500pips->1pips= 10
I hope You get it./ we always start with 1pips=1$ --->
But if we'll start with 500$ we have to earn 500 pips to mkae double our account.../ if start with 100$ we just have to earn 100 pips and our money will double... but we all know make our account worth 100pips IS INSANE../
so I suggest to start with 500.// and make pips higher relativly to size account:
500$ 1pip=1$
1000$ 1pip=2$
2000$ 1pip=4$
....100 000 1pip= 2 000$
If You guys calculate it ..... just survive 11 trading days witch such profit and ther's 1 000 000 000 $ on your account... (I'm pretty shure max size Lot on my platform is 200Lots../ so this style die when You have 1 milion../
but hey! ;] there's not only one broker ;] )
But nothing is so beautiful ;] hehehe
500 pips every day for two weeks? hmmmm who's a genius? ;]
That's why to make it " quite possible" we have to earn 500 not in one day but in 2-3 / I trade 6 curencies and I can say it's possible.../ expecially in this crazy time .......
This gonna make our ride to one milion a little longer but the greed doesn't help on Forex.....
I've started on forex with only 100$ (I love day trading / M15)
I posted this thread here to start a discussion about this way of trading..
Use only money which You've allready earned on forex.../ !!!!! advice !!!!
To encourage You I can tell that I'm allready on 7th step ;]
Problem is System of trading..... which develope 2-3 signals on 6 most traded currencies ..... / I'm using two in the same time..../ hmmmm 3 ;]
and the rule is SL20/TP 40 but what systems I use You'll find out in 2-3 weeks
.... so if we have 500Pips account we can have 25 losing trade / In my opinion it's a lot for any short TIMEFRAME (M5 M15) Strategy I guess.....
Most important thing is to keep Lot size always on the same % level since You start from 500$ till 1000$
1000$ till 2000$... an so on...
I'm quite newbie../ 6 months on Forex Factory...reading reading reading../
and loosing real money ;] But since 3-5 weeks it has just blow up ....
For a long time couldn't manage with the psychological line to earn so much money.... But I've allready crossed it....
waiting for Your opinions as well as for
some Authors, books of psychology on forex or sth like that....
PS: I'm realy well informed about not trading normal Lot if account is lower than 10 000$ and some others rules....
Let's find strategy with 2-3 signals every day on 6 most traded currencies....
admin did join these two threads.... ;/
Hi forex maniacs ;]
first of all english isn't my mother language so sorry for mistakes../
I'd like to hear some opinions about my wy way of thinking or trade style. |
I'm on forex since sth like 1,5 year.../ 1 year on demo and rest on real $..
what I've noticed ... that daily changes can make you profit even on 100% level.../ so I was trying to find out kinda system and make it real..
For example:
Account - 100-500$
laverage : 1:500 (If you're good in risk managment doesn't matter, But I know well that this is a lil' insane ;] |
Sooo acording to point that we want double our account everyday we have to consider pips size.... if we have 100 or 1000 $ we're still ought to keep risk on the same level, so here are the options...
1.) insane 100$=100pips --> 1pips=1$ || 500$=100pips -->1pips=5$
2.) stupid 200$=200pipś
3.) questionable 300$=300pips
4.) accteptable 500$=500pips -->1pips=1$ || 5000$=500pips->1pips= 10
I hope You get it./ we always start with 1pips=1$ --->
But if we'll start with 500$ we have to earn 500 pips to mkae double our account.../ if start with 100$ we just have to earn 100 pips and our money will double... but we all know make our account worth 100pips IS INSANE../
so I suggest to start with 500.// and make pips higher relativly to size account:
500$ 1pip=1$
1000$ 1pip=2$
2000$ 1pip=4$
....100 000 1pip= 2 000$
If You guys calculate it ..... just survive 11 trading days witch such profit and ther's 1 000 000 000 $ on your account... (I'm pretty shure max size Lot on my platform is 200Lots../ so this style die when You have 1 milion../
but hey! ;] there's not only one broker ;] )
But nothing is so beautiful ;] hehehe
500 pips every day for two weeks? hmmmm who's a genius? ;]
That's why to make it " quite possible" we have to earn 500 not in one day but in 2-3 / I trade 6 curencies and I can say it's possible.../ expecially in this crazy time .......
This gonna make our ride to one milion a little longer but the greed doesn't help on Forex.....
I've started on forex with only 100$ (I love day trading / M15)
I posted this thread here to start a discussion about this way of trading..
Use only money which You've allready earned on forex.../ !!!!! advice !!!!
To encourage You I can tell that I'm allready on 7th step ;]
Problem is System of trading..... which develope 2-3 signals on 6 most traded currencies ..... / I'm using two in the same time..../ hmmmm 3 ;]
and the rule is SL20/TP 40 but what systems I use You'll find out in 2-3 weeks
.... so if we have 500Pips account we can have 25 losing trade / In my opinion it's a lot for any short TIMEFRAME (M5 M15) Strategy I guess.....Most important thing is to keep Lot size always on the same % level since You start from 500$ till 1000$
1000$ till 2000$... an so on...
I'm quite newbie../ 6 months on Forex Factory...reading reading reading../
and loosing real money ;] But since 3-5 weeks it has just blow up ....
For a long time couldn't manage with the psychological line to earn so much money.... But I've allready crossed it....
waiting for Your opinions as well as for
some Authors, books of psychology on forex or sth like that....
PS: I'm realy well informed about not trading normal Lot if account is lower than 10 000$ and some others rules....
Let's find strategy with 2-3 signals every day on 6 most traded currencies....
God Bless ya'll !!!
