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  • #560,221
  • Nov 9, 2011 3:48pm Nov 9, 2011 3:48pm
I have finally unlocked your secret blah haha, the money is all mine now! All jokes aside that is cool of you to do that, after 2 years of trading I still have only a slight clue to what I am doing, feels like I am still a newbie sometimes.

Quoting cloggie
Not going to show the exact entries/exits, but here is a copy of the statement showing that I only used 0.1 lots, which isn't that risky for the account size, especially as the DD is nill
It's easy to be humbled but hard to be humble.
  • #560,222
  • Nov 9, 2011 3:49pm Nov 9, 2011 3:49pm
re. mt4 brokers, you should familiarise yourself with the info in this thread:

http://www.forexfactory.com/showthread.php?t=70582
  • #560,223
  • Nov 9, 2011 3:51pm Nov 9, 2011 3:51pm
cloggie,

thanks for the post (and delete ), as you know i know your money making skills, i wanted see your entry and exit only

edit : pure learning purpose
Mohan
  • #560,224
  • Nov 9, 2011 3:51pm Nov 9, 2011 3:51pm
Quoting fxrising
I have finally unlocked your secret blah haha, the money is all mine now! All jokes aside that is cool of you to do that, after 2 years of trading I still have only a slight clue to what I am doing, feels like I am still a newbie sometimes.

There is always this negative stigma to scalping and intraday trading. There is money to be made. Just don't overtrade, don't take ridiculous risks and get your entries and exits just right.

I took the PDF down as it still was too close to how I trade. I just wanted to convey the general philosophy behind my posts and sometimes rants to some of the muppets here.

Trading isn't complicated, it just isn't easy, but all that are willing to put the time and effort in will be rewarded in the end.
  • #560,225
  • Nov 9, 2011 3:51pm Nov 9, 2011 3:51pm
Quoting cloggie
I use it for charting, but for order entries, it is cr@p, the latency is just ridiculous.
agree, useless for scalping...
  • #560,226
  • Nov 9, 2011 3:52pm Nov 9, 2011 3:52pm
Quoting FibbinArchie
i think you misunderstand, i'm talking about using a demo account to double check you're broker's live quotes, also my broker is not an mt4 broker, but i like mt4 for charts, i also don't want my broker to see my chart analysis...

Wouldn't dream of using broker charts. I run analysis on 4 dedicated, un-networked PC's fed by 3rd parties.
  • #560,227
  • Nov 9, 2011 3:52pm Nov 9, 2011 3:52pm
Quoting FibbinArchie
agree, useless for scalping...

Don't say that, I just showed you how to make over 600 pips in 3 days with an average trade length of 32 minutes. Average win is 23 dollars on a 600 dollar account, pure compounding and keeping it simple. That's only a return of 3% per trade, but it still doubles an account in 3 days and with an average trade length of 30 minutes, it doesn't have any time to go negative on you.

And it still left me loads of time to post BS on the thread and trade my own account at the same time, talking about multi-tasking.......
  • #560,228
  • Nov 9, 2011 3:56pm Nov 9, 2011 3:56pm
nice day

http://www.myfxbook.com/members/ramses/gatti/186194
Don't have an ego. Always question yourself and your ability.
  • #560,229
  • Nov 9, 2011 3:59pm Nov 9, 2011 3:59pm
I have a few tricks I would not wanting many to see, I guess it adds a small edge. I have seen just about every system, slapped about every indicator on my charts and only get small bits of useful info from them each. My trading is good but not consistent, still trying to control the machine. I enjoy your muppet talk, I came from the penny stock world and there are a ton of them there too.

You are right trading isn't easy, it's dang hard, but like you said simple, even after years overcoming entries and exits can be a struggle, at least for me I still get in over my head from time to time.

Quoting cloggie
There is always this negative stigma to scalping and intraday trading. There is money to be made. Just don't overtrade, don't take ridiculous risks and get your entries and exits just right.

I took the PDF down as it still was too close to how I trade. I just wanted to convey the general philosophy behind my posts and sometimes rants to some of the muppets here.

Trading isn't complicated, it just isn't easy, but all that are willing to put the time and effort in will be rewarded in the end.
It's easy to be humbled but hard to be humble.
  • #560,230
  • Edited 4:10pm Nov 9, 2011 4:00pm | Edited 4:10pm
Quoting cloggie
Don't say that, I just showed you how to make over 600 pips in 3 days with an average trade length of 32 minutes. Average win is 23 dollars on a 600 dollar account, pure compounding and keeping it simple. That's only a return of 3% per trade, but it still doubles an account in 3 days and with an average trade length of 30 minutes, it doesn't have any time to go negative on you.

And it still left me loads of time to post BS on the thread and trade my own account at the same time, talking about multi-tasking.......
lol, i meant for me, sometimes i'm in and out in seconds...

oh yeah compounding, who was it who said compounding is one of the most powerful forces in the universe?..

check this out, $1k start up capital and a modest 1% return each trading day...

use the tabs at the bottom of the spread-sheet for years two and three, that's where it gets really interesting..
Attached File(s)
File Type: xls Forex-Balancesheet 2011.xls   109 KB | 365 downloads
  • #560,231
  • Nov 9, 2011 4:01pm Nov 9, 2011 4:01pm
Quoting FibbinArchie
lol, i meant for me, sometimes i'm in and out in seconds...

oh yeah, compounding, who was it who said compounding is one of the most powerful forces in the universe...

check this out, $1k start up capital and a modest 1% return each trading day...

Einstein called it the 8th wonder of the world, he wasn't wrong.
  • #560,232
  • Nov 9, 2011 4:01pm Nov 9, 2011 4:01pm
Quoting fxrising
I have a few tricks I would not wanting many to see, I guess it adds a small edge. I have seen just about every system, slapped about every indicator on my charts and only get small bits of useful info from them each. My trading is good but not consistent, still trying to control the machine. I enjoy your muppet talk, I came from the penny stock world and there are a ton of them there too.

You are right trading isn't easy, it's dang hard, but like you said simple, even after years overcoming entries and exits can be a struggle, at least for...

The key is not overtrading. EU should give you 6-8 setups a day. That's all you need to make it in FX. You just need to differentiate between range play and trend trading. You have to adjust your strategy for each day as they come.
  • #560,233
  • Nov 9, 2011 4:06pm Nov 9, 2011 4:06pm
Thank you Berlusconi!
One day I will send him BIG CHEK
Yes look like bearish trend
Once scalper always scalper
  • #560,234
  • Nov 9, 2011 4:07pm Nov 9, 2011 4:07pm
I think that is what I need, less trying to catch every wave and zeroing in on the ones that make the most sense, thanks!

Quoting cloggie
The key is not overtrading. EU should give you 6-8 setups a day. That's all you need to make it in FX. You just need to differentiate between range play and trend trading. You have to adjust your strategy for each day as they come.
It's easy to be humbled but hard to be humble.
  • #560,235
  • Nov 9, 2011 4:08pm Nov 9, 2011 4:08pm
retreat to 1.363 and then down to abt. 1.32??
what are you thinking?
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 211 KB
Pecunia non olet
  • #560,236
  • Nov 9, 2011 4:09pm Nov 9, 2011 4:09pm
I have TP 1.3100
Only need 450 pips down
Once scalper always scalper
  • #560,237
  • Nov 9, 2011 4:10pm Nov 9, 2011 4:10pm
Quoting freemen
Thank you Berlusconi!
One day I will send him BIG CHEK
Yes look like bearish trend
trust me, he dont needs a big cheque, better send it to me
Pecunia non olet
  • #560,238
  • Nov 9, 2011 4:12pm Nov 9, 2011 4:12pm
Quoting freemen
I have TP 1.3100
Only need 450 pips down

Yup that should bring your long at 4170 1,000 pips underwater. And all your other trades should be 700 pips in the red:

Quoting freemen
incredible that the market can not throw me
I was invest 300 $ lets see how fare this run
http://www.forexfactory.com/attachme...3&d=1320835215





Seriously, kid go play with your lego or something and leave the trading to the traders.
  • #560,239
  • Nov 9, 2011 4:24pm Nov 9, 2011 4:24pm
Quoting Jawadnimri
for me yes it does, sometimes i feel that the market is just working against me, emagine this 300 pips rally i could not obtain 10 pips, when ever i enter it directly goes against me immediately.

ive deposited $50,000 and my account now is only 5000, i lost a lot of money in this shit that my head is daizy and feel like fooled with the whole amount i deposited. fuck such brokers, why they just cant put it directly in the market i am very sure they make counter trades but still can not understand how they do it.

sometimes i close trades winning...
Hey Bud, First and formost we use the brokers money to make money. Starting live I would never give some F**king broker over $500.00. Then the #1 Goal is to get your 500 back and play with the houses money. I don't know what broker you use, I have never experiance what you layed out. Make sure, if you have not, use a Demo account and hone in on a stradegy that works for you, not someone else, there are many and more then likley only 1 or 2 that works with your temperment. If it take 3 years to accomplish this then it takes 3 years. Any working stradegy will adventually get down to price action. You have the rest of your life to make money. Small Micro lots and no more then 2% @ any given time. The only person that care's about your sucsess is you.
  • #560,240
  • Nov 9, 2011 4:26pm Nov 9, 2011 4:26pm
Quoting cloggie
Yup that should bring your long at 4170 1,000 pips underwater. And all your other trades should be 700 pips in the red:



http://www.forexfactory.com/attachme...3&d=1320835215





Seriously, kid go play with your lego or something and leave the trading to the traders.
I open trades in both directions. No tit which will go.
Money come to me
If you do not understand my trading style. Do not spend unnecessary time with copy paste
Once scalper always scalper
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