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im starting with 20 USD

  • #21
  • May 20, 2009 11:58am May 20, 2009 11:58am
Quoting wormboy
Tip #1.

traders who are undercapitalised & overleveraged their account will not succeed in trading.
sorry i may loss this time
but i will proof it.there is only waste of time to debate .
- Always pray on your trading - God know the best for everyone
  • #22
  • May 20, 2009 12:06pm May 20, 2009 12:06pm
Tip #3

post the damn charts
  • #23
  • May 20, 2009 12:06pm May 20, 2009 12:06pm
Quoting kingindian
i lost confidence on rsi and trend...
u already know the story.
i usually follow rsi and trend...but this 2 days move make all the analysis gone with the wind...
tip #4
Rsi, like most indicators, lag. Proper use of Rsi however will pinpoint , very close to price shifts. Daily Rsi currently is showing overbought, coincidentally at the very top of the daily resistance set on the 17th of December 08. I could be wrong but if I could cherrypick my trade to short this bugger, than this would be it ( no wait, I did short it around this level )

Quoting kingindian
dont know how to start long shot again...
the north move is 400 from starting poin (52xx ) i mean
there should be down (normaly), significant one to 5500
but....the movement now i cant predict
tip #5
Here is the biggest, most common mistake done by countless traders. They try to predict the market. They try to expect. You want to drop this habit if you want to make progress in your trading.

tip#6
Forget TA. Screw all the bs indicators. Learn to manage risk.

Good luck.
Thank You
  • #24
  • Edited 2:47pm May 20, 2009 12:28pm | Edited 2:47pm
Quoting wormboy
Who's debating? You asked for advise/tip.
You can try to prove it, but I have news for you, I have been where you're at right now. I tried to trade my way to riches from a 2000usd account trading full lots. I wanted to show people I could do it. To cut the story short, I got hammered in 4 trades. Sorry but rules are rules, like I said, overleveraging & undercapitalising will kill your trading career.
kingindian listen to these advise, from what i can see in u..u dont know anything about trading, accept when rsi is above 80 for some sh*t u sell and buy below 20.....

post the bloody charts, we are trying to help u and u are using our time.....

post the chart and then we can take it from there, everything azim has said is true..u cant trade yur way out of poverty unless yur excellent and this require knowledge....the money u use yur meant to not have emotional attachement to it..otherwise u will have emotion in the trades

u need to quit trying to get rich and actually read/ learn to trade, tips will get u killed!!! -- there no easy way....LEARN LEARN LEARN

now post charts...start the learning curve
  • #25
  • May 20, 2009 12:41pm May 20, 2009 12:41pm
Quoting kingindian
maybe because of the big loss...
ok i try to stop and see

i lost confidence on rsi and trend...
u already know the story.
i usually follow rsi and trend...but this 2 days move make all the analysis gone with the wind...

dont know how to start long shot again...
the north move is 400 from starting poin (52xx ) i mean
there should be down (normaly), significant one to 5500

but....the movement now i cant predict

i analyze this through rsi and experienced about movement
THE WORD PREDICT....nobody can predict future and if u lose confidence...why place 2 trades straight away
  • #26
  • May 20, 2009 12:54pm May 20, 2009 12:54pm
Now you pissed nav off lol.
Bah, nav, let's just go back to trading bro!
Thank You
  • #27
  • May 20, 2009 12:59pm May 20, 2009 12:59pm
patience guys...im try to analyze...
but what to draw on the chart?
im now learning with this drawing tool...once it wrong
i must undo it and try to place the line in right place
- Always pray on your trading - God know the best for everyone
  • #28
  • May 20, 2009 1:09pm May 20, 2009 1:09pm
too late...im 00 00
thanks for all attention and advices.
i will die before you throw the rocks.
- Always pray on your trading - God know the best for everyone
  • #29
  • May 20, 2009 1:12pm May 20, 2009 1:12pm
Quoting riggster
Im sorry pal. You should have taken your family to dinner with your $25.

Your not listening and i doubt you will still have it in a couple of hours.

Your like an alchoholic
What can i say? Didnt even last the couple of hours i gave you. Oh well.

Now you can study.
  • #30
  • May 20, 2009 1:27pm May 20, 2009 1:27pm
Quoting kingindian
patience guys...im try to analyze...
but what to draw on the chart?
im now learning with this drawing tool...once it wrong
i must undo it and try to place the line in right place
u cant even draw trendlines, anyways when u figure that out then we can come back but i aint holding my breath i might die first

u are not a good representation for the king of indians common man get yur sh*t together
  • #31
  • May 20, 2009 1:28pm May 20, 2009 1:28pm
Quoting wormboy
Now you pissed nav off lol.
Bah, nav, let's just go back to trading bro!
this one will end up finishing us off!!!!!...bah, back to trading...
  • #32
  • May 20, 2009 1:32pm May 20, 2009 1:32pm
Quoting kingindian
patience guys...im try to analyze...
but what to draw on the chart?
im now learning with this drawing tool...once it wrong
i must undo it and try to place the line in right place
post a chart and give the reasons why u thought short and dont say downtrendonly
  • #33
  • May 20, 2009 2:20pm May 20, 2009 2:20pm
i feel bad for the guy, 1month wont make you successful in forex you need atleast 2-3 years of experience.
  • #34
  • May 20, 2009 2:42pm May 20, 2009 2:42pm
Quoting Robot
i feel bad for the guy, 1month wont make you successful in forex you need atleast 2-3 years of experience.
i think im a kind natured person, but i find it rediculious 90% lose and he hasnt got any idea of how to even do simple analysis, cant even do trendlines, how can he make it in trading

its just reckless, he would have better odds in a casino
  • #35
  • May 20, 2009 3:05pm May 20, 2009 3:05pm
Quoting nAVIN2007
i think im a kind natured person, but i find it rediculious 90% lose and he hasnt got any idea of how to even do simple analysis, cant even do trendlines, how can he make it in trading

its just reckless, he would have better odds in a casino
yup I was just the same way years ago I used to trade without charts LOL, I noticed on your journal ur trading on a micro account, why so? you are a senior member and have alot of tk vouches you should be making it big now no?
  • #36
  • May 20, 2009 3:24pm May 20, 2009 3:24pm
Quoting Robot
yup I was just the same way years ago I used to trade without charts LOL, I noticed on your journal ur trading on a micro account, why so? you are a senior member and have alot of tk vouches you should be making it big now no?
i have no money at all.....i cant trade a live account and refuse to unless i have a descent capital to give myself a chance...
im a lot better than when i first started but its all relative when the time comes and i do get the money to live trade, im hoping to be a lot better than now...

i might as well learn all i can without losing cash...i bought a house, used all i have to get it and now actually unemployed....live trading just would be to emotional as i need the cash id trade with...and id most likely flop
  • #37
  • May 20, 2009 3:37pm May 20, 2009 3:37pm
Quoting nAVIN2007
i have no money at all.....i cant trade a live account and refuse to unless i have a descent capital to give myself a chance...
im a lot better than when i first started but its all relative when the time comes and i do get the money to live trade, im hoping to be a lot better than now...

i might as well learn all i can without losing cash...i bought a house, used all i have to get it and now actually unemployed....live trading just would be to emotional as i need the cash id trade with...and id most likely flop
that sucks I did guess it was because you had no money.. some people have so much money and don't have a clue on what to do with it and some have no money and have many ideas what to do with money :-(, yea keep practicing until you get a chunk of money, or may be you can try creditcards thats what I did LOL like you said he who dares wins
  • #38
  • May 20, 2009 3:44pm May 20, 2009 3:44pm
Quoting Robot
that sucks I did guess it was because you had no money.. some people have so much money and don't have a clue on what to do with it and some have no money and have many ideas what to do with money :-(, yea keep practicing until you get a chunk of money, or may be you can try creditcards thats what I did LOL like you said he who dares wins
thats why i cant understand this guy it makes understanding so difficult, we know what it takes to even think about making money, anyways i do hope he post some charts then i uppose he can be helped at least with the basics...so many have helped me id like to give something back..

happy trading friend
  • #39
  • Last Post: May 20, 2009 3:51pm May 20, 2009 3:51pm
Quoting nAVIN2007
thats why i cant understand this guy it makes understanding so difficult, we know what it takes to even think about making money, anyways i do hope he post some charts then i uppose he can be helped at least with the basics...so many have helped me id like to give something back..

happy trading friend
You too, I don't think he will post anything anymore that $20 is long gone :-(
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