You sound like you're on the right track, billye. Keep your feet on the ground (keep your wits about you, think straight), shoot for the stars (don't put needless artificial limits on yourself), persevere.
Why and how Win-Win in Forex is possible 56 replies
+$40 in rollover everyday 33 replies
Everyday I make around 80 pips 33 replies
Taking a trade everyday 28 replies
Is it possible to trade 2-5 times a day, everyday? 12 replies
DislikedYes exactly.
Traders who have any kind of success concern themselves less with how much they can make and at what percent - then how much they can lose!!!!
They have a set percent to risk on each trade/each day/each week/each month but have open profit targets.
Limit risk + unlimited profit (theoretically anyway) = success.
But it all starts wih the mindset of how much can I lose, not how much can I make.Ignored
DislikedThe verdict might not be out on that one yet, but seriously to think about risk is not a question of being negative or not, half full/half empty, etc
In any business that has a high failure (which is just about every kind of business) the ones who focus first on what they can make rather than what they can lose, make up the majority of the losers.
How many times have you been asked by friends, family and acquiantences how much was your biggest winner, not how much was you biggest loser. That is how the uninformed look at something they have...Ignored
DislikedWHAT IF YOU HAVE NO LOSSES --- do you then still consider losing ? ......................
SERIOUSLY !
mpIgnored
DislikedDo you seriously think I believe you trade OPM when you ask a ...... ....... question like this?
My bad, I should have known better in a rookie discussion thread.Ignored
Dislikedsuntrader --- the corporation is a NYS registered financial holding company in existence for 8 years.Ignored
DislikedOh yeah I forgot about that but then almost everytime I read something you post I say to myself "I was born at night, just not last night". And BTW NYCity was where I was born/raised so no Brooklyn Bridge sales for me.
I worked on lower Broadway, midtown then Westchester in both finance and dry cargo shipping. Still have a few friends at Bank of NY, O'Conner & Associates and Goldman so please - feed it to the noobs, not me about running a trading firm and talking of no losses.Ignored
Disliked
Nothing further need be said but have you noticed that you stick the other person's post on the bottom of a reply making others read your response and then the other person's post. Another words azzbackwards. Did someone say ego?Ignored
DislikedMparker
I love your way with words!
Some people think they are the only trader "under the sun"
I doubt if he will come back...... If he does it will only be to "add" to his posts. To chase the numbers you know....LOL.Ignored