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trading801's Koala Forex Articles and EUR/USD views

  • #2,481
  • Nov 10, 2009 10:20am Nov 10, 2009 10:20am
Be prudent tomorrow it's holiday for the french and for the north america ...
"I will walk before they make me run" K.Richards
  • #2,482
  • Nov 10, 2009 10:37am Nov 10, 2009 10:37am
Quoting trading801
hi F M J A koalas.. do take a look first post .. if you do not agree with are this let me know and i change
It's pretty good my friend ...
Thanks for working hard to keep this thread alive ...
I'm here for 3 reasons :
1. Because it's cool to have friends like our band when you spend your time alone with your graphs ...
2. To learn with the experience of the other
3. To help the other with my experience

There's another reason ... because Trading801 "Koala" is a gentleman like all members who post here ...
"I will walk before they make me run" K.Richards
  • #2,483
  • Nov 10, 2009 10:41am Nov 10, 2009 10:41am
Quoting R Richards
I think that the first post now puts it a little clearer as to who you and this thread are. I see the favoritism to certain people on this site, and agree that others get away with things that your are being critisized for. As i have not followed you for long, i don't know you, but i can see a sincerity in you for helping others. I have not started your way of trading, nor have i been successful in trading, but i still want to learn. It has been allmost 6 years at this, and am getting very tired and discouraged with my trading.
hey buddy.. i felt like giving up many many times.. but i tell myself.. i want to be in the 5% of winners and you can too. THEIR NUMBER 1 secret ? Proper money management. period.

never risk more than 2-3% in total.. fail if you must, but you survive to trade another day.

Richard, i like to welcome you to our humble koala place.. everyone here will welcome you too.. hopefully we see u posting about success soon! Forex4pty used to not follow his own rules.. now he does... ( i hope he is not lying ) lol

trade safe and thank you for your encourage to me and for seeing the real me
  • #2,484
  • Nov 10, 2009 10:42am Nov 10, 2009 10:42am
Great post my friend

Quoting Jm4x
It's pretty good my friend ...
Thanks for working hard to keep this thread alive ...
I'm here for 3 reasons :
1. Because it's cool to have friends like our band when you spend your time alone with your graphs ...
2. To learn with the experience of the other
3. To help the other with my experience

There's another reason ... because Trading801 "Koala" is a gentleman like all members who post here ...
We are here to help each other... We Learn Forex Together!
  • #2,485
  • Nov 10, 2009 10:44am Nov 10, 2009 10:44am
Quoting Jm4x
It's pretty good my friend ...
Thanks for working hard to keep this thread alive ...
I'm here for 3 reasons :
1. Because it's cool to have friends like our band when you spend your time alone with your graphs ...
2. To learn with the experience of the other
3. To help the other with my experience

There's another reason ... because Trading801 "Koala" is a gentleman like all members who post here ...
if you may buddy, can i quote this in the front so that pple wont think i am faking?

M too.. can i quote your post earlier?
  • #2,486
  • Nov 10, 2009 10:53am Nov 10, 2009 10:53am
Quoting trading801
if you may buddy, can i quote this in the front so that pple wont think i am faking?

M too.. can i quote your post earlier?
yes you can
"I will walk before they make me run" K.Richards
  • #2,487
  • Nov 10, 2009 10:55am Nov 10, 2009 10:55am
Quoting trading801
hi F M J A koalas.. do take a look first post .. if you do not agree with are this let me know and i change
very nice Koala King, straight as usual...
  • #2,488
  • Nov 10, 2009 10:58am Nov 10, 2009 10:58am
Quoting Forex4pty
very nice Koala King, straight as usual...
thanks.. today all the euro news bad so maybe some risk aversion.. be careful.. nowadays.. very unpredictable .. i usually fast in fast out.. no greedy


btw Forex4pty would u like to write something for me to post first page?

Masoud can i use your earlier post?
  • #2,489
  • Nov 10, 2009 11:09am Nov 10, 2009 11:09am
Yes my friend you can.

Quoting trading801
if you may buddy, can i quote this in the front so that pple wont think i am faking?

M too.. can i quote your post earlier?
We are here to help each other... We Learn Forex Together!
  • #2,490
  • Nov 10, 2009 11:12am Nov 10, 2009 11:12am
Quoting R Richards
I think that the first post now puts it a little clearer as to who you and this thread are. I see the favoritism to certain people on this site, and agree that others get away with things that your are being critisized for. As i have not followed you for long, i don't know you, but i can see a sincerity in you for helping others. I have not started your way of trading, nor have i been successful in trading, but i still want to learn. It has been allmost 6 years at this, and am getting very tired and discouraged with my trading.
Hi Richard, I'm the noob here, don't worry man, I will try to tell you something, you have 6 years on this have you tried the following:

1. Make a journal of every position you open, (when you open, why you open, and when you close it, why you closed it on loss or profit)

2. Make your rules, but on paper, so you can see them.

3. Try to not be greedy, emotional, take loss as they are... a Loss.

4. All of us when we begin the day we are vulnerable to lose.

5. Put a 3 strike out, 3 loses in a day, quit trading for that day.

6. Never try to revenge when you had a loss, try to focus.

7. Study the market and book... I got plenty, I read one, and all the rest tell you the same story.

8. Work with achievements per day, like (25 pips per day, $250 per day) what ever is reality for you, I chose 25 pips per day.

9. Cut the loses as quick as you can, if you are wrong you are wrong, you cannot do anything to change that.

10. Money Management / A good account (Micro $500 - $1000) trading lot size no more than .01 per trade, Mini account ($3,000 - 10,000) no more than .10 per trade, Standard account ($30,000 - infinite) use whatever you fell comfortable. Never overtrade, this kills you.

I know you must know all this things, but try to think what went wrong when you fail, and try not to do it again.

I now think I'm on another stage, I'm green for this month, my 2nd. month after beginning my journey on August 2009, I Margin Call an account after been so successful on Demo with a huge account of $50,000, I began mine with $300 just to try with mini lots :S... 2 weeks and blew it.. hehehehe but then I found this guy the Koala King and he taught me all this good things and I learn a couple more reading and I know I can succeed on this, not always, but I will try, and if I don't, I will try again, and again, until I succeed.

All you have to do is follow your rules, as if it is a policeman beside you, punching you if you not do it.

I hope anything of what I wrote can help you in anyway, I know my friend you can be successful, just don't think the opposite, and if you need a break, take it and come back when you have a clear mind, you need that or you will be toast.

Sincerely,

Edgar
  • #2,491
  • Nov 10, 2009 11:14am Nov 10, 2009 11:14am
Take care guys, making money can drive you ...

Inserted Video
"I will walk before they make me run" K.Richards
  • #2,492
  • Nov 10, 2009 11:29am Nov 10, 2009 11:29am
Quoting cobraforex
Hi 801

We know us from the very beginning of your membership in FF, a story of tears and fears.

Let me tell you that you show a good learning curve and be animated to keep on telling us your experience.

You are a good buddy my friend.
hi buddy cobraforex.. i used this as a testimonial at the first post.. let me know if you dont like..
  • #2,493
  • Nov 10, 2009 11:30am Nov 10, 2009 11:30am
Quoting Jm4x
Take care guys, making money can drive you ...

lol u got more and more great videos.. btw thanks for the warning for bank holiday... good advise really
  • #2,494
  • Nov 10, 2009 11:31am Nov 10, 2009 11:31am
Quoting trading801
Richard, i like to welcome you to our humble koala place.. everyone here will welcome you too.. hopefully we see u posting about success soon! Forex4pty used to not follow his own rules.. now he does... ( i hope he is not lying ) lol

trade safe and thank you for your encourage to me and for seeing the real me
Well to be 100% honest the only thing I'm not following from my rules is not to trade on another pair, but I have to change that, but are opportunities I don't want to miss, but I am almost 90% on EUR/USD. Here is my statement for this week.
Attached Image (click to enlarge)
Click to Enlarge Name: Statement for this week.JPG Size: 92 KB
  • #2,495
  • Nov 10, 2009 11:31am Nov 10, 2009 11:31am
If every month you can benefit only 6%, At the end of year, your investment are equal to 2.

never ever forget Money Management.

Quoting R Richards
I think that the first post now puts it a little clearer as to who you and this thread are. I see the favoritism to certain people on this site, and agree that others get away with things that your are being critisized for. As i have not followed you for long, i don't know you, but i can see a sincerity in you for helping others. I have not started your way of trading, nor have i been successful in trading, but i still want to learn. It has been allmost 6 years at this, and am getting very tired and discouraged with my trading.
We are here to help each other... We Learn Forex Together!
  • #2,496
  • Nov 10, 2009 11:33am Nov 10, 2009 11:33am
Forex4pty.. sorry u saw my post to you? would u like to write something for me to put in the first post like the rest of the koala buddies?
  • #2,497
  • Nov 10, 2009 11:34am Nov 10, 2009 11:34am
Quoting Forex4pty
Well to be 100% honest the only thing I'm not following from my rules is not to trade on another pair, but I have to change that, but are opportunities I don't want to miss, but I am almost 90% on EUR/USD. Here is my statement for this week.
I LIKE YOUR RESULTS!!

if you can do this one week, 1 month is 200+

i year is 2400+ good money
  • #2,498
  • Nov 10, 2009 11:35am Nov 10, 2009 11:35am
Quoting trading801
thanks.. today all the euro news bad so maybe some risk aversion.. be careful.. nowadays.. very unpredictable .. i usually fast in fast out.. no greedy


btw Forex4pty would u like to write something for me to post first page?

Masoud can i use your earlier post?
Ok, it would be a pleasure, let me only concentrate enough, right now I'm on hurry I will take my family out for lunch, and they are waiting for me , but expect it later.
  • #2,499
  • Nov 10, 2009 11:38am Nov 10, 2009 11:38am
Quoting Forex4pty
Ok, it would be a pleasure, let me only concentrate enough, right now I'm on hurry I will take my family out for lunch, and they are waiting for me , but expect it later.

oh go go go .. family is important.. i am happy you are nice to your family.. no worries.. take your time.. use the $60 to treat them heehee
  • #2,500
  • Nov 10, 2009 11:43am Nov 10, 2009 11:43am
Quoting trading801
I LIKE YOUR RESULTS!!

if you can do this one week, 1 month is 200+

i year is 2400+ good money
yes, I want to begin with 400 - 500 per month, concentrating on pips, not money, then as the money flows, continue to increase little by little my lot size.

Last month I made US$434. not much, but remember I live in a little country, here the live cost, but not as much as in the US, here with $2,000 you can live well, imagine my goal is to make $3,500 per month, that's my first target, but I know it would pass years before that.

But I have it on a Spreadsheet in Excel, how much time it would take reinvesting my profits. I will withdraw, if I ever get there when I have enough capital to trade and make $3,500 per month.
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