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I use IG Index to trade and their charts. I seem to recall being able to do more on the MT4 platform but been sticking to the one till I learn some more about charting. What do you think, on platforms to use that is.
Cable Update (GBPUSD)
- #229,762
- Jun 3, 2010 2:44pm Jun 3, 2010 2:44pm
- Joined Nov 2009 | Status: Thx G, Malc, D55, Fontu & Hatch | 3,196 Posts
- #229,763
- Jun 3, 2010 2:46pm Jun 3, 2010 2:46pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #229,767
- Jun 3, 2010 3:11pm Jun 3, 2010 3:11pm
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
Apparantly I am an administrative trader, now how is that going to make me money?
Quote: "You tend to be practical, realistic, and decisive. You love facts and what you think is concrete. You are good at making sure that things run smoothly. As a result, you are good at organizing projects and people to get things done in the most efficient way possible."
OK, bbakker, go wash my car....
There is no right or wrong type of trader, but it might be able to identify your weaknesses so that you can address them. In your case, as a successful trader you have already identified and addressed them otherwise you would not be where you are today
- #229,768
- Jun 3, 2010 3:12pm Jun 3, 2010 3:12pm
- Joined Oct 2009 | Status: Trader | 15,211 Posts
Where is the sponge boss! LOL
There is no right or wrong type of trader, but it might be able to identify your weaknesses so that you can address them. In your case, as a successful trader you have already identified and addressed them otherwise you would not be where you are today
Oh I still got plenty of weaknesses, fast cars, Margaux, Monte Christo and loose women to name a few....
- #229,770
- Jun 3, 2010 3:31pm Jun 3, 2010 3:31pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
1BB 
have 2 of them
whats u cam's levels bro
have 2 of them
whats u cam's levels bro
- #229,771
- Jun 3, 2010 3:48pm Jun 3, 2010 3:48pm
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
1BB
have 2 of them
whats u cam's levels bro
H3 1.4713
DP 1.4658
L3 1.4594
Take this psychology test to identify your weaknesses so that you can address them.
http://www.tharptradertest.com
Good luck!
P.S. You must answer all of the questions as honestly as possible for the right result!
Tharp's stuff is always good. I must have answered honestly, because he nailed me spot on.
The market is always right.
- #229,774
- Jun 3, 2010 4:29pm Jun 3, 2010 4:29pm
- Joined Oct 2009 | Status: Trader | 1,342 Posts
Hello 
Just wanna ask a question after 11 months in forex trading.
Is It a ZERO SUM GAME ????
Options Trading is Totally Zero Sum Game but forex ???? I don't think so....
your comments mostly welcomed
Just wanna ask a question after 11 months in forex trading.
Is It a ZERO SUM GAME ????
Options Trading is Totally Zero Sum Game but forex ???? I don't think so....
your comments mostly welcomed
- #229,775
- Jun 3, 2010 5:01pm Jun 3, 2010 5:01pm
- Joined Oct 2009 | Status: Trader | 1,342 Posts
Hi mates,
I'm back.
Wanna tell you some thing.
As my way to tell you new things and many of you start to attack me every time I announce new thing.
Ok,
Believe it or not. but who knows me should believe me.
3 month ago, my equity reached 000,000$.( for your info I started my account with 7000 $ and lost 70% of it.) anyway:
After I reached that 000,000$ number I sat with myself to think about what is best and low risk/high reward markets to invest my money in it.
Started to look at my Local Stock market and found it 100 times easier than tranding forex. ofcourse my trading skills that I learned from forex trading made me a super stock trader in my local stock market.
I virtually played with this market for one month and executed 14 trades all in profit with 43% reward on my virtual capital.
Second month I opened an account with the market and a local broker and transfered 60% from my forex equity and add 50% of them in my stock account and the other 50% saved them in my bank account... this was my first transfer since I started trading forex.
on that month I achieved 53% gains on my live stock account. just in one month.
Last week , actually through 4 days in just one trade I doubled my whole account.
I know, you don't believe it :-) like me... but it is the fact.
now come to the important thing and many of you will ask about the risk and leverage and bla bla bla.
-There is a very limited leverage in my local stock market. just 50% of my balance and I don't use it any more.
-it is very very very easy to track the big boys in my markets and easily can see bids/asks amounts / requested volume/ executed volume,........
In my view, Stock trading is 100% safe in comparison to Forex trading. I traded both.
All above lines are my only reason that switch me to be a long term trader in forex.
Just wanna tell you that to open your eyes to look in the investment opportunities around you.
Happy pips everyone.
I'm back.
Wanna tell you some thing.
As my way to tell you new things and many of you start to attack me every time I announce new thing.
Ok,
Believe it or not. but who knows me should believe me.
3 month ago, my equity reached 000,000$.( for your info I started my account with 7000 $ and lost 70% of it.) anyway:
After I reached that 000,000$ number I sat with myself to think about what is best and low risk/high reward markets to invest my money in it.
Started to look at my Local Stock market and found it 100 times easier than tranding forex. ofcourse my trading skills that I learned from forex trading made me a super stock trader in my local stock market.
I virtually played with this market for one month and executed 14 trades all in profit with 43% reward on my virtual capital.
Second month I opened an account with the market and a local broker and transfered 60% from my forex equity and add 50% of them in my stock account and the other 50% saved them in my bank account... this was my first transfer since I started trading forex.
on that month I achieved 53% gains on my live stock account. just in one month.
Last week , actually through 4 days in just one trade I doubled my whole account.I know, you don't believe it :-) like me... but it is the fact.
now come to the important thing and many of you will ask about the risk and leverage and bla bla bla.
-There is a very limited leverage in my local stock market. just 50% of my balance
and I don't use it any more.-it is very very very easy to track the big boys in my markets and easily can see bids/asks amounts / requested volume/ executed volume,........
In my view, Stock trading is 100% safe in comparison to Forex trading. I traded both.
All above lines are my only reason that switch me to be a long term trader in forex.
Just wanna tell you that to open your eyes to look in the investment opportunities around you.
Happy pips everyone.
- #229,776
- Jun 3, 2010 5:19pm Jun 3, 2010 5:19pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
Hi mates,
I'm back.
Wanna tell you some thing.
As my way to tell you new things and many of you start to attack me every time I announce new thing.
Ok,
Believe it or not. but who knows me should believe me.
3 month ago, my equity reached 000,000$.( for your info I started my account with 7000 $ and lost 70% of it.)...
here most of the ppl lost there money and they are in bad shape they are really foooked some with heart attack some with no house some in the graves even in the US market i did trade it was ok ended with losing a few cans of milk the shares went from $1.52 to $0.2 they where 30. TH of them teck stocks fooked me bad
about forex long term trade is ok if u have a big acc. with good mm u will be fine but i found short term trade is alot better and i can make in a week more than i make in month more time in front of the screen sure but more pips
- #229,777
- Jun 3, 2010 5:27pm Jun 3, 2010 5:27pm
- Joined Oct 2009 | Status: Trader | 1,342 Posts
hey...
I bought that $0.2
where is you SL brother.
this is the trade which doubled my account.
- #229,778
- Jun 3, 2010 5:32pm Jun 3, 2010 5:32pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Hi kill,
I bought that $0.2
where is you SL brother.
this is the trade which doubled my account.
BTW everyone that makes 200 % on acocunt one month then blows it up the next a healthy return on account and realistic one is 5% per month . To make 200% the risk has to be fairly high per trade unless you are a real magician and get in at all the exact tops and bottoms.
Those that say ' hi I made double my account today' will not be heard of tomorrow as guess what 1 in 2 chance of getting it right and the 2nd day they got it wrong ....
This post is more for newbies to know what they should expect. Most that come and say ' hey I made 800 pips today ' are traidng multi lot positions on a demo.
If you have 2 k and manage risk and make an average of 30 pip a day including losses trading 1.5 risk to make 1% per day you can make about 20 k in 6 months , that is the power of compounding. To do this in reality is super hard.
I guess in summary ..... those that are still here in 5 years are the ones that manage the risk the best and to risk 25% on account to make 20% per day is just insane. 4 wrong trades you are done
Blogging daily now at www.volume.zone
- #229,779
- Jun 3, 2010 5:36pm Jun 3, 2010 5:36pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
Hi kill,
I bought that $0.2
where is you SL brother.
this is the trade which doubled my account.
- #229,780
- Jun 3, 2010 5:40pm Jun 3, 2010 5:40pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts