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  • #188,721
  • Feb 3, 2010 12:35am Feb 3, 2010 12:35am
Quoting dil
Thanks mate i'm makin' god damn living from forex , i'm opening orders when im sure 100% i gonna take out with profit so far so good..

2 years so far without big loss
Cool~~~, do you use any EA or manual to open & manage your trades?
  • #188,722
  • Feb 3, 2010 12:36am Feb 3, 2010 12:36am
Quoting tusa
Cool~~~, do you use any EA or manual to open & manage your trades?
Nah , i use my magic hands to all open mah trades
  • #188,723
  • Feb 3, 2010 12:37am Feb 3, 2010 12:37am
Quoting dil
Demo are for pussies

Demo account is like to Practise sex with rubber women

I traded for a while, lost about 26% of my acct, then took a step back reevaluated my trading, traded on a demo acct figured out what I was doing wrong and right. Then I put more $ in my acct started trading real again and Ive had very very good success in recent past. Demos are not for pussies, theyre for ppl that want to really get this business down for the long run.
  • #188,724
  • Feb 3, 2010 12:37am Feb 3, 2010 12:37am
Quoting Clairvoyant
eh... i suggest that you try a demo... do some research and decide on your trading style, select timeframe, choose a technique, adhere to money management, when to place addon trades, exit trades, have a thought on your trade management logic process (be absolutely clear on this), then try the demo for a period of time b4 going live, period of demo will have to depend on your n...
Agree Babypips.com is a great site for newbie (like me), and I'm currently trading on a demo and live mini account. Never deposit a large amount into it before ur really ready.
  • #188,725
  • Feb 3, 2010 12:39am Feb 3, 2010 12:39am
Quoting mfoste1
I traded for a while, lost about 26% of my acct, then took a step back reevaluated my trading, traded on a demo acct figured out what I was doing wrong and right. Then I put more $ in my acct started trading real again and Ive had very very good success in recent past. Demos are not for pussies, theyre for ppl that want to really get this business down for the long run.
When i started to trade in forex i even wasn't a mature i had 17 years

i lost 4 - 5 live accounts because of those rules but i take them like a men
  • #188,726
  • Feb 3, 2010 12:39am Feb 3, 2010 12:39am
Quoting dil
Thanks mate i'm makin' god damn living from forex , i'm opening orders when im sure 100% i gonna take out with profit so far so good..

2 years so far without big loss
Hey Dil u live in florida?
  • #188,727
  • Feb 3, 2010 12:40am Feb 3, 2010 12:40am
Quoting dil
Nah , i use my magic hands to open mah trades
It's ok to keep your secret.
Then, your direction is long or short now?!
  • #188,728
  • Feb 3, 2010 12:40am Feb 3, 2010 12:40am
Quoting dil
YEAH !!! Finally i always wanted someone to write this finally S/L are for pussies
and most pussies have small accounts like me..LOL...

I hate a sl... but like it was said when you have crappy MM then you need to stop the bleeding and move on
I'll pick up the crumbs don't need the whole pie
  • #188,729
  • Feb 3, 2010 12:41am Feb 3, 2010 12:41am
Something to watch...

FoLo may tell the tale by breaking current Resistance congestion a'rd the (circled) 38% fib level and M3 pivot and heading North... or initiating a retest of the Lows if it can break the Support at the 23% level / M2 pivot.

A weak shampoo MAY be developing that could generate a few pips to the down side, but it's a long ways from a sure thing and could get invalidated real quick. Daily pivot always a target but it's only a couple dozen pips away.

Range bound PA on short TF's is what it is... whatever you want to imagine you see in it... you'll see.

If none of the above... ranging till fundie news and Why Bother? G'nite.

Attached Image (click to enlarge)
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FUBAR...
  • #188,730
  • Feb 3, 2010 12:41am Feb 3, 2010 12:41am
Quoting SashaP
Hey Dil u live in florida?
Nah Lithuania wanna move to monaco or miami and u are russian dont you ?
  • #188,731
  • Feb 3, 2010 12:42am Feb 3, 2010 12:42am
Quoting Ari
.
Can you tell me are you using the robot trade?
I saw from your forums. Looks like. If so, can you teach me how to down load? Because I am also using the LMT format, looks like yours too.
What do you think of the trend for eurousa?
Pls advice. I am very new & instead of intend to have profit; I lost couple of thousands already....no good life. pLs help.
Thanks
If you are new learn from these webinars..you will thank me after
http://forex.fxdd.com/webinars
  • #188,732
  • Feb 3, 2010 12:43am Feb 3, 2010 12:43am
Quoting dil
Nah Lithuania wanna move to monaco or miami and u are russian dont you ?
I am , my name says about it.Living in Miami beach.
  • #188,733
  • Feb 3, 2010 12:43am Feb 3, 2010 12:43am
Quoting tusa
It's ok to keep your secret.
Then, your direction is long or short now?!
Nah im gonna share my very simple secret with u guys when its done
My direction with E/U is nowhere e/u now at mah magic lines so cant tell when its gonna cross will tell

have 2 positions on AUD/USD Long and E/J
  • #188,734
  • Feb 3, 2010 12:46am Feb 3, 2010 12:46am
Quoting dil
Nah im gonna share my very simple secret with u guys when its done
My direction with E/U is nowhere e/u now at mah magic lines so cant tell when its gonna cross will tell

have 2 positions on AUD/USD Long and E/J
Was waiting for nice short entrance,but didn't manage to take it @ 75 could of make 10 pip already.Scalping is good stuff anyways.Little by little u can make even 100 pip.
  • #188,735
  • Feb 3, 2010 12:49am Feb 3, 2010 12:49am
Quoting SashaP
Was waiting for nice short entrance,but didn't manage to take it @ 75 could of make 10 pip already.Scalping is good stuff anyways.Little by little u can make even 100 pip.
Yeah yesterday was crazy made about 200 pips ~ , when i'll come to miami we gonna have couple of vodka shots ? lol Ruskiy standart charosat vodka
  • #188,736
  • Feb 3, 2010 12:51am Feb 3, 2010 12:51am
Well, despite this slow, sluggish, tedious and boring climb up the hill I will not go long on this, after all, the trend is still down. I have several short orders pending...at a safe distance....but I have a feeling that there will be nothing much happening this side of NFP.

So, keeping my money safe is a position too, just like a long or a short, right?

Now, where's that tequila........
Doing what you like is Freedom. Liking what you do is Happiness.
  • #188,737
  • Feb 3, 2010 12:51am Feb 3, 2010 12:51am
I like to ttrade both H1 and M5

Just jam with the damiani on M5 with the stoch set at 100,3,3 catch breakouts all day long...the stoch give you the direction once the dam crosses and the volitility kicks in

grabbed at least 30 pips tonight..

quick pips
I'll pick up the crumbs don't need the whole pie
  • #188,738
  • Feb 3, 2010 12:52am Feb 3, 2010 12:52am
Quoting dil
Yeah yesterday was crazy made about 200 pips ~ , when i'll come to miami we gonna have couple of vodka shots ? lol Ruskiy standart charosat vodka
Hey russian standart is the most expensive VODKA here,can u believe it?What is ur PIP($)
  • #188,739
  • Feb 3, 2010 12:53am Feb 3, 2010 12:53am
Don't want to disuade anyone here from their style of trading, if it works for you then do your thing, but stop loss is a good thing. I know this might not make sense, but using a stop loss properly is more profitable. Reason is time spent waiting for a trade (or trades) is opportunity cost wasted. And if your broker charges swap fees even worse. I know some people say they have all day because they have deep pockets, but that doesn't make sense. Why not be more efficient??

Example: Lets say a buy order of yours is sitting -20 (negative) pips with a tp of +10. Technicals indicate a probability that it will drop another 20 pips (to -40) before it goes up 30 pips. **When your good at technicals you should be able to predict correctly 70%+ **. Why sit in the trade all the way down to wait and hope it goes back up 50 pips?? Why not stop out at -20, wait for the extended drop and then get back in at a better position? Real pro traders do this to maximize their profit. You could still profit without stop loss, but not as much when you know how to trade.
  • #188,740
  • Feb 3, 2010 12:53am Feb 3, 2010 12:53am
Quoting SashaP
Was waiting for nice short entrance,but didn't manage to take it @ 75 could of make 10 pip already.Scalping is good stuff anyways.Little by little u can make even 100 pip.
im considering @ 75 also, but not sure yet, may want to wait for it to go higher
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