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EURUSD

  • #488,981
  • Jul 13, 2011 9:03pm Jul 13, 2011 9:03pm
Quoting Torpedo
12000 Pips? in wich timeframe? how?

i am happy to make some hundrets in month :O
1.425 to 1.2900 (lowest so far 1.309x) it was not chart just prediction , but i think you can find it on daily weekly chart , and its almost reach the target . 8 lot sorted on march 16, weekly rollover credit around 9 pip/lot, if yen did not crashed i have banked. what to do its Forex, expect the unexpected

my sl was margin call = approx 100 pip
Mohan
  • #488,982
  • Jul 13, 2011 9:09pm Jul 13, 2011 9:09pm
Quoting needpips
This is the demo acct board....noone here plays for $.....just scorecards....duh


Oh sorry yes forgot... I hope i havent offended any one with my lofty ambitions! Carry on boys...
  • #488,983
  • Jul 13, 2011 9:09pm Jul 13, 2011 9:09pm

Quoting mohan76

my sl was margin call = approx 100 pip
  • #488,984
  • Jul 13, 2011 9:10pm Jul 13, 2011 9:10pm
Quoting gatorinla
im kicking the tires on meta. i need to know how to set up the trading part. modify orders ect. help appreciated
huh?

meta...or jforex?
  • #488,985
  • Jul 13, 2011 9:12pm Jul 13, 2011 9:12pm
Quoting Jazznos
Guys - what is your policy when it comes to paying yourselves, ie banking profits... Do you take a fixed percentage of every win? or of net at end of week, month? How much? Thanks :-)
Tough one for me to answer at the moment. My whole approach has changed quite recently. What I can tell you for certain, is that every week...I now transfer 10% of my profit into my "long term" account.

I used to run a "scalping" account(s)...and a "swing" account(s). I'm in the middle of adapting things and making a "hybrid" account out of those two. I ALWAYS made the most from my scalping account...but was slow to increase lot sizes...I had a comfort zone, so...

Fak...I need to spend a while trying to explain how I do this. If it would be of interest/use to you...I'll do it...will just take a little while. Short answer...

10% a week into long term account. 25% at end of month...into my bank account. If I "needed" more...I'll take it...at any time! If I don't need it...might take 10/20%.

I have a target I want to hit within a few years; I see a shelf-life in this...either because I'll be burned out...or it has become so regulated, globally, that its like staring at a Yuan chart!

Rambling...lost me thoughts...

Damn cocaine and alcohol!
  • #488,986
  • Jul 13, 2011 9:13pm Jul 13, 2011 9:13pm
Quoting attila
yes margin call hit and lost 800 pip on 16th of march. i loos 80% of my earning back to market due to my stupidity and lack of discipline
Mohan
  • #488,987
  • Jul 13, 2011 9:15pm Jul 13, 2011 9:15pm
hurry up I gotta pee
If you are new to Forex? Say Goodbye to your account!!
  • #488,988
  • Jul 13, 2011 9:17pm Jul 13, 2011 9:17pm
Quoting kenfen69
Tough one for me to answer at the moment. My whole approach has changed quite recently. What I can tell you for certain, is that every week...I now transfer 10% of my profit into my "long term" account.
....
Damn cocaine and alcohol!
Thanks bro, interesting... I havent read much about this online when it comes to MM etc.. Id like to reinvest most of it for compounding, so i cant see taking out more than 10-20% really... im not using it to live on, i just want to make ridiculous shitloads of cash basically to buy a really nice house! I want to take a suitable amount out though so its "mine" and safe.

Im thinking 10% of weekly net isnt a bad start...
  • #488,989
  • Jul 13, 2011 9:18pm Jul 13, 2011 9:18pm
Quoting mohan76
yes margin call hit and lost 800 pip on 16th of march. i loos 80% of my earning back to market due to my stupidity and lack of discipline
dont feel bad


I used margin calls as my stop loss for years
  • #488,990
  • Jul 13, 2011 9:19pm Jul 13, 2011 9:19pm
Quoting mohan76
yes margin call hit and lost 800 pip on 16th of march. i loos 80% of my earning back to market due to my stupidity and lack of discipline
lesson learned. good you're still at it.
  • #488,991
  • Jul 13, 2011 9:19pm Jul 13, 2011 9:19pm
Quoting Jazznos
Thanks bro, interesting... I havent read much about this online when it comes to MM etc.. Id like to reinvest most of it for compounding, so i cant see taking out more than 10-20% really... im not using it to live on, i just want to make ridiculous shitloads of cash basically to buy a really nice house! I want to take a suitable amount out though so its "mine" and safe.

Im thinking 10% of weekly net isnt a bad start...
Thats one thing that its hard to find info on out there... MM and honestly how to build an account and be disiplined about how much money to take out and leave in and when


most shrug it off and say " Well, just use proper MM!! Its really important!"

lol
  • #488,992
  • Jul 13, 2011 9:20pm Jul 13, 2011 9:20pm
Quoting johncen
me too out @ BE...
euro still in play...
finally kiwi broke weekly former wr2 and moving down , again moving the sl to +1
Mohan
  • #488,993
  • Jul 13, 2011 9:20pm Jul 13, 2011 9:20pm
Quoting gatorinla
im kicking the tires on meta. i need to know how to set up the trading part. modify orders ect. help appreciated
Oh fak...

Do yuo mean Meta Quotes Language...mql? Sorry if I missed that.

Jaysus...can be a toughy! I'll help in anyway I can, mate. I could probably send you something to get started with what you said above. Do you want me to PM you my email address? Send me a mail...tell me where you're at and what you're after...and we'll go from there.

Cool?

If I missed the point and this was a joke...I'm blaming my mate Ryan, who left not too long ago after partially filling my belly with a pretty feckin decent whiskey!
  • #488,994
  • Jul 13, 2011 9:21pm Jul 13, 2011 9:21pm
Quoting mohan76
yes margin call hit and lost 800 pip on 16th of march. i loos 80% of my earning back to market due to my stupidity and lack of discipline
Ouch!

Missed the convo. 800 on what? U/J?
  • #488,995
  • Jul 13, 2011 9:22pm Jul 13, 2011 9:22pm
Quoting kenfen69
Ouch!

Missed the convo. 800 on what? U/J?
ya he got nailed when BOJ pulled one out their ass on intervention
  • #488,996
  • Jul 13, 2011 9:24pm Jul 13, 2011 9:24pm
Quoting Jazznos
Thanks bro, interesting... I havent read much about this online when it comes to MM etc.. Id like to reinvest most of it for compounding, so i cant see taking out more than 10-20% really... im not using it to live on, i just want to make ridiculous shitloads of cash basically to buy a really nice house! I want to take a suitable amount out though so its "mine" and safe.

Im thinking 10% of weekly net isnt a bad start...
If you don't rely on it...then nothing wrong with 10%/week to get "paid"! Then...

Snowball away! And NO...I'm not talking about cocaine!
  • #488,997
  • Jul 13, 2011 9:28pm Jul 13, 2011 9:28pm
Quoting Wulfgar
ya he got nailed when BOJ pulled one out their ass on intervention
That was a fakker!

I know several people...4 guys, one girl...that took a beatdown on that move. Was the perfect storm!

Not my pair. Can't stand it. Had NO business trying to trade it at that time "thinking" I could profit from the volatility. So...I didn't! These fakkers did...and they got burned. In one case, in particular...he got burned REALLY fakking bad!

tisk, tisk, tisk
  • #488,998
  • Jul 13, 2011 9:29pm Jul 13, 2011 9:29pm
Quoting kenfen69
Ouch!

Missed the convo. 800 on what? U/J?
no on eu/au , margin call, , at same time i did one lot on bank (1:1) still in having it with 1000+ pip, i wish i had extra $1000 in my account
Mohan
  • #488,999
  • Jul 13, 2011 9:29pm Jul 13, 2011 9:29pm
Quoting KiwiTrada
hurry up I gotta pee

hahahahahhaha ....
Patience, Emotion Control and Discipline.
  • #489,000
  • Jul 13, 2011 9:29pm Jul 13, 2011 9:29pm
Quoting Wulfgar
ya he got nailed when BOJ pulled one out their ass on intervention
When they do that, one of these come to mind.


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