If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
49.9%
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedIts greed dude. I did the same thing 1k to 18k in a month but you start thinking 25k 30k and then probability catches up and you lose it. If you take it out its not harder for greed to take control of you to lose your profit.Ignored
DislikedYou completely missed my point, but then this is the internet.
Yes, OK, greed, withdraw money, sure, totally agree, reduce risk, etc, blah, blah....
BUT why withdraw ALL money and open NEW account?
How does that actually HELP with anything? Doesn't drawing the account down to $3,000 achieve the same thing as open new account with $3,000?
Easy, just answer yes or no, then you can explain.
Not logical Spock!!!
Ignored
DislikedYou completely missed my point, but then this is the internet.
Yes, OK, greed, withdraw money, sure, totally agree, reduce risk, etc, blah, blah....
BUT why withdraw ALL money and open NEW account?
How does that actually HELP with anything? Doesn't drawing the account down to $3,000 achieve the same thing as open new account with $3,000?
Easy, just answer yes or no, then you can explain.
Not logical Spock!!!
Ignored
DislikedTrue. I tried that.
But my problem was, I was successfull for 5 sessions and the 6th session took all the pips i made.
Trying to figure out how to cut the bad trades.
To make 10 Pips how much ur stop will be.
Thats where I got burned.
Any thoughts will be great.
Thansk.
KC.Ignored
DislikedYes dear, this is my style of trading... I open an account with 2 - 3k maximum and try as hard as I can to make it anywhere from 10 -15k at the lowest time possible, after I achieve my goal I withdraw ALL the money and then open a new account and put again ONLY 1 - 3k and start trading again, I take the profit out of the game
You may tell me.. "You may will loss, be careful" come on.... I will never lose more than what I deposited which is small amount compare to what I makeIgnored
DislikedYou completely missed my point, but then this is the internet.
Yes, OK, greed, withdraw money, sure, totally agree, reduce risk, etc, blah, blah....
BUT why withdraw ALL money and open NEW account?
How does that actually HELP with anything? Doesn't drawing the account down to $3,000 achieve the same thing as open new account with $3,000?
Easy, just answer yes or no, then you can explain.
Not logical Spock!!!
Ignored
Dislikedthanks Ch1l1MaN
that is an awesome site, full of great info even with not "purchasing" anything You still get lots of good tips.Ignored
DislikedWhat evryone needs to think about...
Now the price is 600 pips up from the low.... So why is everyone looking for a setup?
If you had traded with a longer frame of mind by now you would not even be contemplating to short because you would be in 600 pip profit.... Just shows thatIgnored
Dislikedactually any real trader is constantly looking for the counter trend move to hedge the larger move in case of a continuation/reversalIgnored
DislikedHere is the part I don't understand - what is the LOGIC of withdrawing ALL the money and then opening a NEW account?
Surely just drawing down to the required starting amount of $3,000 would achieve the same thing? And less paperwork with broker...
Thanks for any enlightenment you can provide.
Ignored
DislikedIt is simple friend.... I withdraw ALL the money as I don't wana risk again the profit while I am trading, plus my strategy work best with just as law as 2 - 4k.
You might ask now..... "But why you will even withdraw the principle and open a NEW account to trade in?" It is simple...
So I gain again the bonus that my broker will give me for trading (up to 50% bonus I gain everytime, my style of trading makes me gain ALL the 50%, as I trade 10 million USD in volume )
I think you understand me nowIgnored
Dislikedwho is your broker ?
is that broker allow withdraw bonus amount too ?
in your statement you opened more than 2 trades in same time, are you using EA ?Ignored