Look at FXCPS.com
- #42
- Edited 11:15am Mar 9, 2009 10:09am | Edited 11:15am
i dont know wheather everyone here agree or not.. but the key point is to keep loss small and to let profit run.. physocology play with your fear and greed .. thats why you want to play more money to quickly gain a lot of money.. but remember forex is not get rich quick scheme but is real business.. to overcome your physocology u need strategy + mm + practice + discipline .. from your first post before i read the whole thread i already know you will somehow broke your account.. its simple because your drawdown is large.. for me is coward try to play big lots and the sametime try to catch small pip.. no fun at all.. sometime you will be lucky but sooner or later for sure your account will be burn.. like warren buffet said risk comes from not knowing what you're doing.. from my experience you just need practice practice and practice before get in the real battle.. i would suggest you when you practice, try to get reward/risk ratio more than 2:1 for a trade .. try to keep small loss and focus on your profit gain percentage.. if you can master this,im sure you will not only make good return but you will feel more fun and pleasure play forex.. 
have a nice day .. sorry my english not very good but my profit are good haha.. my bad ..
have a nice day .. sorry my english not very good but my profit are good haha.. my bad ..
- #43
- Mar 9, 2009 10:46am Mar 9, 2009 10:46am
- | Commercial User | Joined May 2007 | 7,685 Posts
Clockwork71 is the one you can trust, given his expertise and most importantly his willing to help people. He gave me good advise last year, since then, I put a lot effort to follow his recommendation. now, I am in the stage of almost there, I meant I am in the stage of most time breakeven and very likely to move into consistently profitable trading Forex, at least, I think I am making my equity curve move upwards trading future contracts, though not elegantly yet.CW, thanks very much, and sorry for expressing my gratitude very late, but, I think...
Clockwork
- #45
- Mar 9, 2009 12:01pm Mar 9, 2009 12:01pm
- | Joined Mar 2008 | Status: ... I was aiming at the horse! | 913 Posts
all he did was come down on me like a tonne of bricks for my mistakes, gave no praise, no hints, no edges. Threw me to the sharks hoping that I could swim. And it worked.
Many share my views with me. But I don't share them with them...
I want to start off by saying thankyou for all the support and responses.. It is neat to see so many people jump in and help a brother out... warnings of the vulchers and bottom feeders, as well as references and offers accentuating I keep control of the $$..
I have not found that person yet, I will be carefull and keep responding by all means..
I am sorry if my initial post seemed somewhat immature and desperate, as I wanted to "show" or relate my level of dedication and the fact that I wasnt trying to achieve some great feat by overleaveraging as i had done before..
I also want to say, if i may, to all the noob. reading this thread, that while I am no trader ,(Yet) I could not imagine trying to be the best you can be at this without a mentor...
The comparisons are too frequent in life.. Doctor, Race car driver, base ball player, Cabinet builder.. Etc ETC... TRADER!!!!
All these people can learn to do all these things on their own, but why???
and even if they are Great, the question is are they as good as they could be??
Ill say this in closing, I leaned the most of what i do on my own from experience and just doing, but I would not have had the foundation to hone in those skills in the amnt of time that I have if it had not been for my MENTOR , & BEST FRIEND, Thanks paw paw I love you and will see you in Heaven...
I have not found that person yet, I will be carefull and keep responding by all means..
I am sorry if my initial post seemed somewhat immature and desperate, as I wanted to "show" or relate my level of dedication and the fact that I wasnt trying to achieve some great feat by overleaveraging as i had done before..
I also want to say, if i may, to all the noob. reading this thread, that while I am no trader ,(Yet
) I could not imagine trying to be the best you can be at this without a mentor...The comparisons are too frequent in life.. Doctor, Race car driver, base ball player, Cabinet builder.. Etc ETC... TRADER!!!!
All these people can learn to do all these things on their own, but why???
and even if they are Great, the question is are they as good as they could be??
Ill say this in closing, I leaned the most of what i do on my own from experience and just doing, but I would not have had the foundation to hone in those skills in the amnt of time that I have if it had not been for my MENTOR , & BEST FRIEND, Thanks paw paw I love you and will see you in Heaven...
I lost 1500 EUR on this thread. I bet with my friend, You would contact Me at once, but the latest on this weekend. He laughed at Me, and proved correct.
(I was up against Him 1678 EUR in the last four years, now I lead just 178.)
The lesson(s):
- I was sure I am right, and "Fundamentally" My bet was correct, (why not contact Me at once, if You are serious? to be honest, I thought even it possible Somebody else will PM Me, too.), but in practise, it failed.
- You can give back at once everything if You don t use proper MM.
- I don t write it...
I bet many people would contact you including me, but It seems to me that you do not have and option for PM in your profile.
And you also have disabeld option for email sending.
Check your profile,you may need to change some options.
By
- #50
- Mar 18, 2009 10:18am Mar 18, 2009 10:18am
seems to me that you do not have and option for PM in your profile.
So, one more lesson: Don t bet any Market without proper knowledge of it.
I thought I can receive PMs, just can not send them without 50posts.
"I thought"...
So, because My not proper knowledge, I had not even had any chance to win that bet...It reminds Me something...But I am sure You would get the proper knowledge and info. before risk any money, would not You?
Thank You,
M. Poirot
i can mentor you but if i do you have to be willing to spend a couple weeks of straight looking at charts but you have to come work for me for a while and make me money (you can keep a cut) using the system I teach you
- #54
- Edited 8:42pm Mar 21, 2009 6:21pm | Edited 8:42pm
I am willing to put in the learning time, and work for you for a while. Sign me up, I have time to invest. Please define "while" - are we talking weeks or months surely not years
'while' - make more money that he does http://www.forexfactory.com/images/icons/icon12.gif
EDIT: Looks like my comment might have been taken the wrong way. It was more tongue in cheek, as I think roger's was as well. If it is the roger I know from another forum, he is actually doing quite ok trading!!
- #55
- Mar 21, 2009 6:25pm Mar 21, 2009 6:25pm
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
- #57
- Mar 21, 2009 7:49pm Mar 21, 2009 7:49pm
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
... If Peter Crown and I are trading the same currency on the same day, we should have the same entry price within a pip or 2. It doesn't matter that he has more experience than I do. Our entry, SL and TP should be the same if we both follow the method as written...
- #58
- Mar 21, 2009 8:00pm Mar 21, 2009 8:00pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Sounds like a Averaging Down range system to me, works well looks very good until you get the draw downs when a trend breaks out against you, I experimented with this myself, tripling my account in no time then giving most of the profit up in 1 bad trade 
The only reason he'd need your money is, he'd already blown all of his fairly standard, so he used your money to feed his addiction in short in the hope that he won't get unlucky ( Luck doesn't exist shame as it gets blamed for everything ), so he just repeated and made the same mistakes.
The problem is, if you dropped 20K back into the account this is how you've been conditioned to trade and you'll just repeat subconciously and blow it.
Learn on Demo, then on a $1 or less per pip account with like $300 in the account to start with.
Seen all of the above too many times sadly!!
The only reason he'd need your money is, he'd already blown all of his fairly standard, so he used your money to feed his addiction in short in the hope that he won't get unlucky ( Luck doesn't exist shame as it gets blamed for everything ), so he just repeated and made the same mistakes.
The problem is, if you dropped 20K back into the account this is how you've been conditioned to trade and you'll just repeat subconciously and blow it.
Learn on Demo, then on a $1 or less per pip account with like $300 in the account to start with.
Seen all of the above too many times sadly!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
